Associate Director of Affordable Housing Development

Job Description

Job Description

Associate Director of Affordable Housing Development

Job Title: Associate Director of Affordable Housing Development

Team: Property

ReportsTo: Director of Affordable Housing

Hours: 40 hours per week

Compensation: Starting pay $65,000-$70,000 annually, depending on experience

Benefits: 100% paid medical and dental insurance, AD&D, short- and long-term disability insurance, holidays, and paid leave

FLSAStatus: Exempt

PositionType: Full time

WorkLocation: Ellensburg

HopeSource is a nonprofit organization serving Central Washington communities through housing, economic development, and essential human services. We are committed to creating equitable access to safe, affordable housing and fostering long-term stability for individuals and families.

The Associate Director of Affordable Housing Development serves as a key support to the Director of Affordable Housing, contributing to the planning, financing, and execution of affordable housing projects. This role is designed for a skilled and motivated professional looking to deepen their expertise in housing development while working closely with leadership. The Associate Director does not supervise staff but plays a critical role in project execution, financial oversight, and strategic coordination.

Responsibilities:

• Project Support: Assist the Director in managing affordable housing development projects from concept through completion, including feasibility analysis, funding applications, design coordination, construction oversight, and lease-up until the property is fully occupied. The hand-off to asset management occurs upon issuance of IRS Form 8603.
• Funding & Finance: Contribute to the preparation of applications for public and private funding sources, including LIHTC, USDA Rural Development, HUD, and Washington State Housing Trust Fund.
• Financial Oversight: Monitor the financial performance of active development projects to ensure HopeSource receives its contracted portion of development fees and return on investment (ROI) as outlined in Joint Development Agreements.
• Research & Analysis: Conduct market research, site evaluations, and financial modeling to support project feasibility and strategic planning.
• Stakeholder Coordination: Participate in meetings with local governments, community partners, and funders to support project advancement and relationship-building.
• Documentation & Compliance: Help ensure project documentation is complete and compliant with regulatory requirements, including zoning, environmental review, and permitting.
• Cross-Department Collaboration: Work with internal teams including Housing Services, Finance, and Property Management to support project integration and operational readiness.
• Professional Development: Actively engage in learning opportunities to build expertise in affordable housing development and policy.

Qualified Candidate will possess the following skills:

• Prefer Bachelor’s degree in Urban Planning, Public Administration, Real Estate Development, or related field
• 3 years of experience in affordable housing, real estate development, or community development.
• Familiarity with affordable housing finance tools and programs, including LIHTC.
• Strong analytical, organizational, and communication skills.
• Ability to work independently and collaboratively in a mission-driven environment.
• Commitment to equity, inclusion, and community engagement.
• Proficiency in Microsoft Office; experience with project management or financial modeling tools is a plus.