Director, Rural Housing

E nterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $80.9 billion and created 1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands - all to make home and community places of pride, power and belonging.

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Working at Enterprise

At Enterprise, you'll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. You'll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where you're valued and supported in your growth journey.

Enterprise offers career opportunities in our offices across the country with an exceptional benefits package .

Job Description Summary

Enterprise is seeking a Director, Rural Housing to join our Rocky Mountain, Tribal Nations and Rural Market team. The ideal candidate will be a skilled multi-family program developer and leader, experienced in affordable housing financing sources utilizing USDA loan products and providing technical assistance to construct and preserve rural rental housing. The Director will primarily be responsible for providing direct technical assistance and capacity building to partners focused on building and preserving America's rural rental housing stock. This Director will be a member of the Rocky Mountain, Tribal Nations and Rural Market team and will work in partnership with a multi-disciplinary team of Enterprise employees, partners, consultants, and Enterprise market teams. This position will report to the Director, Rural Programs.

Job Description

The Director, Rural Housing will be responsible for implementing rural programs' housing strategies, providing direct technical assistance, coaching and training to nonprofit organizations, government agencies and other stakeholders pursuing affordable housing opportunities in rural communities. The Director is called upon to not only provide general technical assistance to clients on USDA processes and best practices for preserving properties but to conduct preliminary underwriting of projects for USDA and other financial resources, helping prepare applications for state and local resources, engaging with permanent financing lenders and preparing refinancing / restructuring and refinancing packages for each client. The Director is also responsible for working with the Senior Director to develop program strategy and provides oversight of grant budgets, reporting and tracking of all USDA billable projects.

Responsibilities :

Design and oversee a robust technical assistance program, focused on USDA 515, but with opportunities to expand with increased staff

Provide technical assistance and capacity building resources for the development and preservation of rural housing. Work with developers, lenders, appraisers, state agencies and other stakeholders as needed to support project development and preservation. Work may include technical assistance to Native American housing organizations and for projects located on tribal lands if in the USDA portfolio.

Have vision for and implement events and activities designed to foster learning and sharing for grantees and others, ability to identify and develop plans for technical assistance and training, ability to navigate and identify experts within Enterprise to support the adoption and scaling of the work of participants.

Deliver training and information to for-profit, nonprofit organizations, PHA's, government entities, local communities and others to enhance their capacity to respond to their housing needs.

Collaborate with market staff to deploy programing as relevant to rural communities.

Lead and Implement Rural Rental Housing Preservation Academy programing with team members.

Represent Enterprise at external meetings and conferences.

Support or lead other programmatic activities of the Tribal Nations and Rural Market as identified by the Senior Director.

Supervises multiple projects or program teams, including subcontractors, with or without line-supervisory authority.

Tracks revenue, expenses and budget performance for USDA contracts (currently 8)

Works to ensure federal grant compliance and leads quarterly reporting

Directs junior staff on tasks associated with Technical Assistance provision

Qualifications :

Bachelor's degree required, graduate degree in real estate finance and development or related field preferred.

Minimum of ten years of experience in the affordable housing field, with five year's experience with affordable housing finance, program development and management.

Proficient with affordable housing development financing models including creating and maintaining pro forma for new construction and rehabilitation development projects.

Experience with creating a viable development budget that can be underwritten by the USDA and Housing Finance Authorities.

Understanding and familiarity with USDA Rural Development 515 and 514 / 516 Programs, Low-Income Housing Tax Credits, and other housing subsidy programs and financing sources.

Able to conduct analysis, interpret, and utilize third party reports such as appraisals, NEPA, C.N.A.'s, etc.

Understands the big picture impact to community, public financing systems and developers.

Ability to design and deliver training and technical assistance programs to a broad range of stakeholders.

Experience working with various federal agencies, housing finance agencies, municipalities, lenders, equity investors and other key stakeholders participants.

Knowledgeable with programs such as LIHTC, HOME, PABs, Section 4 and other housing and development programs and financing options.

Knowledge of real estate project financing and management, and real estate underwriting preferred.

Excellent communication and problem-solving skills.

Ability to prioritize and manage multiple projects and engagement.

Strong organizational skills and ability to coordinate complex activities prioritize conflicting demands and meet deadlines.

Excellent people management skills and experience.

Excellent training, technical assistance and relationship management skills.

Demonstrated professionalism, diplomacy, composure, flexibility and ability to adapt to a variety of situations.

Strong initiative with ability to seek out relevant information prior to making timely decisions.

Ability to work independently, solve problems and take responsibility for moving tasks forward with minimal supervision.

Ability to coordinate complex activities, meet deadlines, and use good judgment in managing conflicting demands and priorities.

Ability to travel 25% of the time

Incumbent is expected to :

Demonstrate strong ethics in interpersonal relations.

Work as an effective, collaborative team member.

Continually improve systems and procedures within own job, office and organization.

Treat internal and external customers with respect, honesty and professionalism.

Total Rewards at Enterprise :

You will be working with a group of talented professionals who are motivated by serving the community and addressing the need for affordable housing.

Enterprise offers a comprehensive total rewards package for you and your family.

The base salary for this role is $120,000 to $143,000 , depending on level of skills and experience.

The salary range for this position is represented by the low and high end of the range for the amount to be paid for the position. Salaries paid at Enterprise will vary based on factors that may include skills, education, location, experience, and performance. The salary range is just a part of the total rewards package provided to employees at Enterprise, and other rewards may include annual performance bonuses and generous paid leave programs.

At Enterprise, our benefits form a major component of our total rewards package. Benefits include dental, health, and vision care plans, as well as family-building benefits, such as adoption and surrogacy support. Enterprise allows flexible work arrangements to promote a better work-life balance. We offer health advocacy, EAP, and mental health benefits. We round out our total rewards package by offering financial education, wellness programs, and auto-enrollment in the company's 401(k) plan with employer matching contributions. Finally, you will have learning and development opportunities, including tuition reimbursement for job-related courses and certifications.

Thank you for your interest in joining the Enterprise team in our effort and commitment to serve others.

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