Director of Development and Asset Management
HOUSING AUTHORITY OF THE CITY OF LI, Livermore, CA, United States
About the Opportunity
The Livermore Housing Authority (LHA) is seeking a strategic and hands-on Director of Development and Asset Management to lead and execute the Agency’s real estate development and portfolio strategy. This is a unique opportunity to shape the future of affordable housing in Livermore. You will drive new development, acquisitions, and repositioning efforts while ensuring the long-term financial and operational success of the Agency’s housing portfolio. As a small and dynamic agency, this role is ideal for someone who enjoys both big-picture strategy and rolling up their sleeves—you’ll lead initiatives while directly managing projects and working closely with consultants, partners, and stakeholders.
What You’ll Do
Build and execute a pipeline of affordable housing projects including new construction, acquisitions, and repositioning
Identify and evaluate development opportunities, partnerships, and sites
Perform feasibility analysis, financial modeling, and risk assessment
Manage Full Lifecycle Development
Oversee projects from concept through stabilization (pre-development → construction → lease-up)
Structure and secure financing (LIHTC, bonds, grants, and other funding sources)
Negotiate development agreements and coordinate with legal, financial, and development partners
Ensure projects are delivered on time, within budget, and in compliance
Oversee Construction & Delivery
Monitor construction progress, budgets, and contractor performance
Review change orders, pay applications, and project close-outs
Ensure compliance with prevailing wage, Section 3, and applicable regulations
Drive Asset Management Strategy
Monitor financial performance of the Agency’s housing portfolio
Analyze budgets, cash flow, and long-term capital needs
Lead capital planning, refinancing, and repositioning strategies
Ensure compliance with regulatory agreements and funding requirements
Collaborate on Property Operations
Partner with property management to ensure strong operations and occupancy
Establish performance expectations and monitor KPIs
Support lease-up strategies for new developments
Secure Funding & Financial Sustainability
Lead competitive funding applications (LIHTC, HOME, CDBG, etc.)
Identify new funding sources and financing opportunities
Partner with Finance on long-term portfolio strategy
Serve as a Key Leader & Representative
Act as LHA’s lead real estate representative with public agencies, developers, and partners
Present projects and strategy to executive leadership and the Board
Build strong relationships with local jurisdictions and funding partners
Operate in a Lean, High-Impact Environment
Perform hands-on work including financial modeling and due diligence
Manage multiple projects independently
Leverage consultants effectively while maintaining ownership of outcomes
Minimum Qualifications
Bachelor’s degree in real estate, urban planning, business, finance, or related field
At least five (5) years of progressively responsible experience in:
Affordable housing development
Real estate finance and/or asset management
Demonstrated experience managing projects through the full development lifecycle
Preferred Qualifications
Experience with LIHTC and public funding programs
Experience working with a housing authority or public agency
Strong understanding of affordable housing regulations and compliance
Key Skills & Expertise
Affordable housing development and finance
Financial modeling and pro forma analysis
Asset management and portfolio strategy
Project and construction management
Negotiation and stakeholder engagement
Ability to work independently in a fast-paced, evolving environment
Why Join Livermore Housing Authority?
Impact: Shape real, tangible affordable housing outcomes in the community
Schedule: 9/80 schedule and potential hybrid work environment
Stability & Benefits: CalPERS pension, medical, dental, and vision insurance, life and long-term disability insurance, 457 retirement plan option, generous leave and 16 holidays 1 floating holiday
Additional Information
Valid California driver’s license required
Occasional evening meetings and travel may be required
Employment subject to background check
To view the full job description please visit our employment opportunities page.
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What You’ll Do
Build and execute a pipeline of affordable housing projects including new construction, acquisitions, and repositioning
Identify and evaluate development opportunities, partnerships, and sites
Perform feasibility analysis, financial modeling, and risk assessment
Manage Full Lifecycle Development
Oversee projects from concept through stabilization (pre-development → construction → lease-up)
Structure and secure financing (LIHTC, bonds, grants, and other funding sources)
Negotiate development agreements and coordinate with legal, financial, and development partners
Ensure projects are delivered on time, within budget, and in compliance
Oversee Construction & Delivery
Monitor construction progress, budgets, and contractor performance
Review change orders, pay applications, and project close-outs
Ensure compliance with prevailing wage, Section 3, and applicable regulations
Drive Asset Management Strategy
Monitor financial performance of the Agency’s housing portfolio
Analyze budgets, cash flow, and long-term capital needs
Lead capital planning, refinancing, and repositioning strategies
Ensure compliance with regulatory agreements and funding requirements
Collaborate on Property Operations
Partner with property management to ensure strong operations and occupancy
Establish performance expectations and monitor KPIs
Support lease-up strategies for new developments
Secure Funding & Financial Sustainability
Lead competitive funding applications (LIHTC, HOME, CDBG, etc.)
Identify new funding sources and financing opportunities
Partner with Finance on long-term portfolio strategy
Serve as a Key Leader & Representative
Act as LHA’s lead real estate representative with public agencies, developers, and partners
Present projects and strategy to executive leadership and the Board
Build strong relationships with local jurisdictions and funding partners
Operate in a Lean, High-Impact Environment
Perform hands-on work including financial modeling and due diligence
Manage multiple projects independently
Leverage consultants effectively while maintaining ownership of outcomes
Minimum Qualifications
Bachelor’s degree in real estate, urban planning, business, finance, or related field
At least five (5) years of progressively responsible experience in:
Affordable housing development
Real estate finance and/or asset management
Demonstrated experience managing projects through the full development lifecycle
Preferred Qualifications
Experience with LIHTC and public funding programs
Experience working with a housing authority or public agency
Strong understanding of affordable housing regulations and compliance
Key Skills & Expertise
Affordable housing development and finance
Financial modeling and pro forma analysis
Asset management and portfolio strategy
Project and construction management
Negotiation and stakeholder engagement
Ability to work independently in a fast-paced, evolving environment
Why Join Livermore Housing Authority?
Impact: Shape real, tangible affordable housing outcomes in the community
Schedule: 9/80 schedule and potential hybrid work environment
Stability & Benefits: CalPERS pension, medical, dental, and vision insurance, life and long-term disability insurance, 457 retirement plan option, generous leave and 16 holidays 1 floating holiday
Additional Information
Valid California driver’s license required
Occasional evening meetings and travel may be required
Employment subject to background check
To view the full job description please visit our employment opportunities page.
#J-18808-Ljbffr