Director of Development

Director of Development

Fitch Irick Corporation, headquartered in Charlotte, NC, has over 30 years of expertise in affordable housing development and property management. Specializing in Rural Development, HUD, and Low-Income Housing Tax Credit Programs, Fitch Irick is committed to providing quality affordable housing that enhances communities across the southeastern United States. With a portfolio of over 12,000 units in 250 properties, Fitch Irick seeks to make a positive impact by developing and managing properties that meet the housing needs of residents.

The Role

The Director of Development will play a key role in managing and overseeing all aspects of the development process for new affordable housing projects. This position will work closely with cross-functional teams, including finance, operations, and construction, to ensure successful project delivery that aligns with Fitch Irick's business goals, timelines, and budget constraints. The Development Manager will manage multiple projects simultaneously and will be responsible for all phases of development, from initial project conception to final property completion.

Key Responsibilities:

• Project Planning & Coordination: Lead the planning, coordination, and execution of new construction and renovation projects, including timeline management, scope definition, and resource allocation.
• Oversee and manage all stages of development projects, from initiation and planning through to execution, monitoring, and closeout.
• Site Acquisition & Due Diligence: Conduct site evaluations, feasibility studies, and due diligence for potential development opportunities, ensuring the site is suitable for the intended project.
• Financial Management: Provide oversight and management of project budgets. Assisting Capital Markets with securing financing. Managing funds throughout the development process. Ensure projects stay within budget while meeting quality standards.
• Compliance & Regulatory Oversight: Ensure all projects comply with local, state, and federal regulations, including but not limited to HUD, Rural Development, Low-Income Housing Tax Credit Program guidelines, and state qualified allocation plans (QAP). Obtain all necessary permits and approvals.
• Vendor and Contractor Management: Build and maintain relationships with contractors, architects, engineers, and other vendors. Oversee the selection process, manage contracts, and ensure the timely and quality completion of project milestones.
• Risk Management: Identify and address potential risks to project timelines, budgets, and quality, working with internal teams and external partners to mitigate issues.
• Collaboration with Internal Teams: Work closely with the property management and operations teams to ensure developments are designed with operational efficiency and resident satisfaction in mind.
• Project Reporting: Regularly report project progress to senior leadership, providing updates on budget, timelines, and any changes to the scope of the project.
• Community Engagement: Engage with local stakeholders, including residents, community organizations, and local government agencies, to foster positive relationships and ensure developments align with community needs.
• Post-Development Review: Oversee the handoff process once the project is completed, ensuring the property meets operational standards and is ready for occupancy.

The Person

Education: Bachelor's degree in Real Estate, Construction Management, Urban Planning, Business, or related field. A Master's degree is a plus.

• Experience: 5+ years of experience in real estate development, project management, or construction management, preferably within affordable housing. Familiarity with Low-Income Housing Tax Credit (LIHTC) projects and financing is strongly preferred.
• Skills:
• Strong understanding of project management principles, financial modeling, and budgeting.
• Ability to oversee multiple projects concurrently while maintaining high attention to detail.
• Proficient in Microsoft Office Suite and project management software (e.g., MS Project, Procore).
• Knowledge of zoning, building codes, and construction regulations.
• Excellent communication, negotiation, and interpersonal skills.
• Strong problem-solving skills and the ability to address project issues in a timely manner.
• Certifications: Project Management Professional (PMP) or similar certification is a plus.

Special Requirements:

• Valid Driver's License required.
• Travel: Occasional travel is required to site locations and meetings.

The Benefits

• Mission-Driven Work: Contribute to providing quality affordable housing that improves communities and supports residents in need.
• Comprehensive Benefits:
• High-quality health, dental, and vision insurance.
• Short-term & long-term disability.
• Life insurance & AD&D coverage.
• Pet insurance.
• Generous Paid Time Off (PTO) and Paid Company Holidays.
• Floating Paid Holiday of choice.
• Employee Assistance Plan for you and your immediate family.
• Professional Growth: Be part of a dynamic team that values professional development, celebrating milestones and offering opportunities for career growth.
• Impact: Play a critical role in shaping affordable housing developments that enhance communities and improve residents' quality of life.