{"@context":"https://schema.org","@type":"JobPosting","title":"Senior Development Manager - Affordable Housing","description":"

Our client is a nationally recognised affordable housing developer with an active and growing pipeline across New York City and beyond. With deep expertise spanning ground-up new construction, adaptive reuse, and occupied rehabilitation, they operate across the full spectrum of affordable and mixed-income housing - from complex LIHTC transactions to large-scale federally assisted deal over 12000 units in management. They work closely with city and state agencies and have built a strong reputation for delivering high-quality, mission-driven housing at scale.

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The Role

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We are seeking a Senior Development Manager to take ownership of a portfolio of affordable housing projects across the full development lifecycle. Reporting to executive leadership, you will lead complex transactions from site control and predevelopment through financing, construction, and stabilisation. This is a senior, high-autonomy role for a candidate who can run deals independently, manage layered financing structures, and drive projects to closing with minimal oversight.

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Key Responsibilities

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Own the full development lifecycle across a portfolio of affordable housing projects - predevelopment, financing, construction oversight, and stabilisation
Structure and close complex financing packages including 4% and 9% LIHTC, tax-exempt bonds, HOME, HUD programmes, subsidy layering, and gap financing
Manage agency relationships with HPD, HDC, HFA, NYCHA, and other city and state entities throughout all project phases
Lead deal teams including legal counsel, architects, engineers, environmental consultants, and lenders
Prepare and present investment memos, development budgets, and proformas for internal approval and external stakeholders
Monitor project budgets, schedules, and milestones - proactively identifying and resolving issues
Support asset management handoff and coordinate with construction management through certificate of occupancy
Contribute to new business development, RFP responses, and pipeline growth

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Requirements

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7+ years of experience in affordable housing development with full lifecycle deal experience from predevelopment through stabilisation
Deep knowledge of LIHTC financing structures (4% and 9%), tax-exempt bonds, and federal and city subsidy programmes
Demonstrated ability to independently close complex, multi-layered affordable housing transactions
Experience managing agency relationships with HPD, HDC, HFA, NYCHA, or comparable entities
Strong financial modelling skills and comfort structuring development budgets and proformas
Proven ability to lead and coordinate multi-disciplinary deal teams
Bachelor's degree in Real Estate, Urban Planning, Finance, or related field; advanced degree a plus
New York City affordable housing market knowledge is essential

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What's on Offer

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Competitive base salary, performance bonus, and comprehensive benefits. The opportunity to take on genuine senior responsibility within a respected, mission-driven organisation doing consequential work across New York City's affordable housing landscape.

","datePosted":"2026-06-02","hiringOrganization":{"@type":"Organization","name":"Paths Management Services"},"validThrough":"2026-07-02","jobLocation":{"@type":"Place","address":{"@type":"PostalAddress","addressLocality":"Manhattan","streetAddress":"Manhattan, New York, New York, United States","addressRegion":"New York","addressCountry":"United States"}},"employmentType":"FULL_TIME","baseSalary":{"@type":"MonetaryAmount","currency":"USD","value":{"@type":"QuantitativeValue","unitText":"YEAR","minValue":"165000","maxValue":"200000"}},"identifier":{"@type":"PropertyValue","name":"FDN Partners Search","value":"17803964192030138552NrF"},"directApply":true}