Director of Development and Asset Management

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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