Real Estate Development Specialist

POSITION TITLE: Real Estate Development Specialist
SUPERVISOR: Director of Real Estate Development
STATUS: Non-Exempt

About Us

cdcb | come dream. come build. is a multifaceted affordable housing organization devoted to utilizing collaborative partnerships to create sustainable communities across the Rio Grande Valley through quality education, model financing, efficient home design, and superior construction. We partner with public and private entities to develop, finance, and manage housing that promotes stability, dignity, and opportunity for low- to moderate-income individuals and families.

Summary

The Real Estate Development Specialist supports the planning,financing, and execution of affordable housing development projects from concept through completion. This position plays a key role in implementing housing strategies, coordinating with external stakeholders, and ensuring that projects are completed on time, within budget, and aligned with the organization's mission.

Duties and Responsibilities

• Assist in identifying and evaluating potential development sites and opportunities.
• Support project feasibility analyses including market research, financial modeling, and due diligence.
• Coordinate the preparation and submission of funding applications (LIHTC, HOME, CDBG, local housing funds, etc.).
• Work with consultants, architects, engineers, and contractors to develop project scopes, budgets, and timelines.
• Monitor project budgets, construction schedules, and compliance with funding and regulatory requirements.
• Facilitate community engagement processes and represent the organization in public meetings.
• Support land acquisition, entitlement, and permitting processes.
• Assist with assembling and managing project financing including predevelopment, construction, and permanent loans.
• Prepare and present reports for internal leadership, funders, and public agencies.
• Collaborate with property management, legal, and finance teams to ensure smooth project transitions post-construction.
• Carry out additional duties as assigned

Required Qualifications, Skills and Experience

• Bachelor’s degree in urban planning, Real Estate, Public Administration, Finance, or related field.
• Knowledge of or ability to learn affordable housing financing tools and programs, including LIHTC, USDA, HUD, and state/local funding sources.
• Strong project management and organizational skills.
• Proficiency in Microsoft Office; experience with project management or real estate financial software a plus.
• Excellent communication and interpersonal skills with commitment to community-driven development.
• Ability to manage multiple projects and deadlines simultaneously in a fast-paced environment.

Preferred Qualifications

• Experience working with nonprofit or mission-driven housing developers.
• Familiarity with public sector housing policies and processes.
• Bilingual or multilingual skills are a plus.

Supervisory Responsibilities

• This position does not supervise others.

Compensation and Benefits

• Salary – $45,000 - $50,000 Based on Experience
• Bonus – Based on production goals met
• 100% of premium for health, vision and dental benefits paid by cdcb.
• Life Insurance
• 401K retirement plan (no match required)
• 16 paid holidays
• Vacation Days - Based on Length of Service
• Personal Days - Based on Length of Service

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