Development Officer

Overview

Characteristics of the Class: Under general direction, and reporting to the Director of Development, the Development Officer performs complex professional work of considerable difficulty managing HACLA’s real estate portfolio, including development, redevelopment, repositioning of assets, acquisition, and other related duties as required.

The Development Officer works independently to lead a development team relying on staff, third party consultants and development partners to source and evaluate development opportunities, negotiate the repositioning of assets, acquisition and rehabilitation of new assets, and redevelopment of large, complex public housing sites, among other projects. The Development Officer is responsible for securing public and private financing. Additionally, the incumbent will lead the underwriting and negotiate terms for purchase agreements, development contracts, property and ground leases and complex financing documents related to real estate transactions.

The position manages projects from predevelopment through lease up and will work closely with the City, State, HUD and other regulatory bodies on entitlements, underwriting, reporting, environmental review, relocation and other obligations.

From a community perspective, the incumbent will help organize and lead community outreach efforts and facilitate stakeholder communications related to any projects they lead to garner support and input as well as provide important information.

Example of Duties

• Oversight and management of complex real estate projects which includes affordable and market-rate housing acquisitions, development, and rehabilitation programs and operations; major public infrastructure projects; and mixed use, mixed income development.
• Participates in the development of departmental policy and procedures; recommends, and assists with the implementation of, policies and procedures in assigned activities.
• Prepares scopes of work, Requests for Proposals, Requests for Qualifications and other related documents with respect to development projects; coordinates and organizes documents related to the procurement process and leads a team that reviews, analyzes and evaluates development solicitation proposals received in response to such procurements; and analyzes and manages the resulting services contracts, schedules and budgets.
• Directs and manages master planning, CEQA and NEPA processes for large redevelopment projects; coordinates with third party consultants, resident and community organizations, and project partners on the preparation of planning documents according to project schedules.
• Identifies and develops project acquisition and funding opportunities; and feasibility analyses of new acquisition and development projects.
• Negotiates, reviews, interprets, and guides execution of development-related agreements, including ground leases, joint development agreements, exclusive negotiation agreements, reciprocal easement agreements, and covenants; helps resolve legal, contractual, and technical issues by working with internal and outside counsel on such agreements.
• Analyzes and interprets real estate appraisals, development proformas, project budgets, and other financial information related to development projects and uses such analysis and interpretation to inform development related agreements, including working with financial consultants to complete review and negotiation.
• Guides the development and implementation of Development Services goals, objectives, policies, budgets and priorities for assigned portfolio; recommends appropriate service and staffing levels; allocates resources accordingly.
• Reviews, monitors and evaluates the effectiveness and efficiency of programs and services methods and procedures; supervises and coordinates activities of staff; consults with and assists various HACLA officials and agency representatives in the resolution of problems; makes recommendations or takes corrective action as appropriate.
• Coordinates development activities with HACLA departments, outside agencies and organizations, including legal counsel; provides staff assistance to the Chief…