Rockabill Consulting & Development is a mission based affordable housing consulting and development company, primarily working with Not for Profits, Rockabill has preserved and built over 14,000 units of affordable & supportive housing since 2007.
Rockabill is expanding both its consulting and development platforms by seeking to hire a Senior Vice President. The right candidate must be a self-starter who is interested in managing all aspects of the development process for affordable housing, supportive housing and shelter projects financed with Low-Income Housing Tax Credits, Tax-Exempt Bonds, and various State and City subsidy programs. This position is created so that the candidate may grow within the organization.
Compensation package consists of base salary of $120k-150k based on experience, plus an annual profit-sharing bonus. The office is in New Jersey with hybrid options.
Interested applicants should send 1) a cover letter and 2) a resume by email to [email protected]. The cover letter should provide the applicant’s salary requirements and indicate in detail how he/she meets the specific qualifications of the job. For more information about Rockabill, please visit www.rockabill.com.
The essential functions of the position include, but are not limited to the following:
- Manage projects through the development cycle: concept, design, financing, construction, & lease-up;
- Solicit, review and negotiate architect, contractor and consultant proposals;
- Source and underwrite information necessary to construct financial models of proposed projects including development costs, operating revenue, and expense information;
- Attend project pre-development meetings and construction site meetings;
- Compile and prepare necessary information for the narrative descriptions of required sections of applications for securing tax credits, bond financing, subsidized funding, grants, credit enhancements and other applications as required;
- Analyze and negotiate pricing, terms and conditions with lenders, syndicators and agencies; • Communicate effectively with lenders, syndicators, City, State & Federal agencies;
- Manage the transaction closing process - i.e. legal documentation review for debt and equity closing, due diligence collection, etc.;
- Take primary responsibility for overseeing the process of permanent conversions;
- Prepare and assist with the presentation of Requests for Proposal (RFP) packages for development purposes as needed;
- Support the Managing Principal in special projects on an ad hoc basis.
The successful applicant will have not only a demonstrable interest in and a passion for the mission-oriented field of affordable and supportive housing in addition to the following:
- 5-7 years of work in the affordable housing industry (Experience in underwriting LIHTC transactions preferred)
- Preference for Degree in Finance, Real Estate, Business or Urban Planning
- Demonstrate the ability to manage multiple, complex transactions at various stages and coordinate with multiple internal and external parties to meet approval and closing deadlines.
- Ability to work collaboratively with co-workers and representatives from the nonprofit, corporate, philanthropic and public sectors, and demonstrate flexibility and poise in dealing with a diverse range of individuals and organizations.
- Capable of communicating effectively with a wide variety of other partners, including but not limited to architects, attorneys, government officials, lenders, financing partners and vendors
- Entrepreneurial spirit and ability to work independently on multiple tasks and projects, set priorities for a challenging workload, and be a positive, solution-oriented professional.
- Strong interpersonal skills; ability to work as a member of a development team. • Strong analytical and organizational skills; strong critical thinking skills.
- Excellent written communication skills required.
- Must be comfortable using Microsoft Office software – specifically Power Point, Excel and Word at a high level of competence.
Employment will be based upon personal capabilities and qualifications without discrimination on the basis of race, color, religion, sex, gender identity, age, national origin, disability, sexual orientation, or any other protected characteristic as established by law.