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Development Manager - Affordable Housing

Denton Floyd Real Estate Group
Posted 14 hours ago, valid for 19 days
Location

Jeffersonville, IN, US

Salary

Competitive

Contract type

Full Time

Retirement Plan
Paid Time Off

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Sonic Summary

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  • Denton Floyd Real Estate Group is seeking a Development Manager for LIHTC projects to contribute to affordable housing development.
  • The role requires a bachelor's degree in a related field and deep, hands-on experience managing LIHTC transactions end-to-end.
  • Key responsibilities include overseeing project budgets, managing entitlements, and coordinating cross-functional teams to ensure successful project delivery.
  • Candidates should have strong knowledge of tax-credit basis and experience preparing LIHTC applications and financing packages.
  • The position offers competitive compensation, though specific salary details are not provided, along with benefits including medical insurance and a 401(k) plan.

Denton Floyd Real Estate Group is a vertically integrated real estate firm with capabilities spanning development, general contracting, property management, and capital markets. Working across the real estate lifecycle, the firm brings together the expertise needed to move projects from early concept through delivery and long-term stabilization.

This role offers the opportunity to contribute to affordable housing development within a fully integrated platform. As Development Manager – LIHTC, you will help drive complex projects forward by combining financial rigor, development execution, and coordination across internal and external stakeholders to support successful outcomes.

Responsibilities
  • Lead affordable housing projects from concept through stabilization and delivery.
  • Oversee underwriting, project budgets, and financial feasibility for development opportunities.
  • Manage entitlements, permitting, and consultant coordination across multiple active projects.
  • Coordinate cross-functional teams to keep schedules, budgets, and approvals on track.
  • Bachelor’s degree in real estate, finance, urban planning, business, or a closely related field.
  • Deep, hands-on experience managing LIHTC affordable housing transactions end-to-end.
  • Experience identifying, sourcing, and underwriting LIHTC development and acquisition/rehabilitation opportunities.
  • Strong knowledge of tax-credit basis, eligible costs, unit mix, and development pro formas in LIHTC projects.
  • Ability to structure both 4% and 9% LIHTC transactions, including sources and uses and equity sizing.
  • Experience preparing competitive 9% LIHTC applications and 4% LIHTC bond financing packages in line with QAP requirements.
  • Experience working with bond issuers, municipalities, equity investors, and lenders on LIHTC development projects.
  • Eligible to work in the United States.

Compensation & Benefits

Our benefits include:

  • Medical, dental, and vision insurance.
  • 401(k) retirement plan with company match.
  • Paid time off and company holidays.
  • Professional development support and opportunities for growth across a vertically integrated platform.

Equal Employment Opportunity

Denton Floyd Real Estate Group is an Equal Opportunity Employer. We are committed to creating an inclusive environment for all employees and do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, genetic information, or any other protected status under applicable law.




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