Senior Housing Developer

Seattle, WA

Full Time

Real Estate Development

Experienced

Start your career at Bellwether Housing as a Sr. Housing Developer in the vibrant city of Seattle, WA!

Who We Are: Through the development, ownership, and operations of affordable housing properties, Bellwether Housing has been a trailblazer in transforming the lives of lower-income individuals and families in our region. As the largest non-profit housing provider in the Pacific Northwest, Bellwether is a leader in State and local housing policy issues, an innovator in financing and housing development strategies, and a trusted partner to a diverse array of organizations in our community, while providing resident and real estate development services to other mission-driven non-profits around Western Washington.

Salary: Exempt, $116,612 - $147,033/annually.
The posted salary reflects the full pay range for this position. Offers made to qualified candidates will be made within this range and will be determined by various factors, including knowledge, skills, experience, qualifications, location, and other factors that would be critical to success in this role.

Position Overview: The Sr. Housing Developer brings expertise and leadership to a diverse range of projects from large-scale, mixed-use urban projects to small developments for diverse needs populations. In this role, you’ll be responsible for the effective execution of all aspects of affordable housing development projects, from initial feasibility through conversion to property management.

The Sr. Housing Developer will execute or oversee analysis, financing, design, community outreach, and development, with programmatic oversight from the VP of Real Estate Development, and will work collaboratively with other housing developers, development partners, and external consultants.

Work Schedule: Hybrid – 3 days onsite. Monday – Friday, 9:00 am – 5:00 pm. The final schedule is to be determined by the supervisor.

Your Impact:

Manage all project development stages, including feasibility, design, due diligence, community outreach, production of development and operating budgets, and other financial analyses, management of construction management, and cost certification.
Devise methods and processes to resolve complex issues that have a broad potential impact on housing projects involving competing interests, multiple clients, conflicting rules, practices, and schedules.
Establish and cultivate positive relationships with existing and potential consulting clients throughout Washington State, as well as brokers, land sellers, investors, public and private lenders, and other funding sources.
Understand and stay informed of changes in the development climate, the real estate market, and the policies and politics affecting affordable housing finance and development.
Cultivate relationships with Lenders and Investors.
Solicit and negotiate terms of acquisitions and financing.
Actively participate in local and state-wide consortia and interest groups relevant to affordable housing development and finance.
Work collaboratively with other development team members and clients to ensure high-quality projects that meet the needs of Bellwether, the community, and our clients.

Who You Are:

Bachelor's degree in real estate development, urban planning, finance, or related field and/or multi-family housing development experience.
Demonstrated expertise in negotiating investment and financing terms, purchase and sale agreements, construction contracts, and other similar agreements.
Proven ability to manage multiple projects.
Ability to produce reliable and thorough development and operating budgets, and longer-term financial analyses of real estate projects.
Excellent written and oral communication skills.
Demonstrate critical thinking and the ability to make decisions in a timely manner.
Ability to work independently with little or no supervision.
Ability to communicate with and receive direction from the Director and/or Program Manager, and other Bellwether Departments.
Demonstrated ability and desire to mentor and collaborate with other Development Team members.
A minimum of 7+ years of multi-family affordable housing development experience.

Desired Qualifications:

Master’s degree in real estate development, finance, or related field.
Demonstrated expertise in complex real estate development and financing mechanisms for affordable housing, including tax-exempt bond financing, low-income housing tax credits, property tax exemptions, and other public and private funding sources.
Successful experience using the City of Seattle and the State of Washington’s funding sources for low-income housing.
Current or recent involvement with a non-profit or community-based housing organization.
Experience with advocacy in public funding needs.
Participation and connections to industry trade groups and associations.

What We Offer: Bellwether Housing is your platform for growth, empowerment, and purpose. When you join our team, you will receive:

Competitive compensation accompanied by a generous benefits package.
Medical, dental, and vision insurance.
A 403(b)-retirement plan with an employer match, guiding you towards a prosperous future
Fuel for your personal and professional development with up to $1,500 in employer-paid continuing education per year.
An ORCA Transit Pass to navigate the city with ease.
Up to 24 paid days off in your first year, prorated personal days renewed annually, and 8 paid office closure days.
The chance to be part of a transformative mission, leaving a mark on the lives of those we serve in our communities.

At Bellwether Housing, you will elevate your career in a role that's as rewarding as it is impactful, where you’ll be part of a movement that is helping shape the future of affordable housing in Seattle and where diversity, equity, and inclusion are the pillars of our success.

Note: This role requires successful completion of a background check in accordance with Seattle’s Fair Chance Employment Ordinance. Bellwether Housing is an equal-opportunity employer. We will not discriminate based on race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. We support the Americans with Disabilities Act (ADA) to reasonably accommodate all qualified applicants [and employees] by providing reasonable accommodations to people with disabilities.

To request Reasonable Accommodation for the application or interview process, please contact [email protected]. Bellwether Housing is dedicated to building a diverse, equitable, and inclusive workplace. We value having employees whose skills, experiences, and backgrounds reflect the populations we serve. We are committed to being an anti-racist organization while acknowledging we have a long way to go. You can learn more about our DEI work on our website.

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