JOB SUMMARYThe Senior Real Estate Developer is a key member of Plymouth's Real Estate Development Department.This position will manage all aspects of affordable housing development projects, including feasibility, due.diligence, design, community outreach, obtaining financing, development and operating budgets, andconstruction management. The position works in a team with internal staff, development partners andexternal consultants. This is a full-time position.ESSENTIAL JOB FUNCTIONS(Responsibilities, accountabilities, and competencies; may not include all duties of this job)Feasibility of Potential Projects* Identify potential development sites/projects.* Prepare and maintain preliminary development cost estimates in collaboration with architect and/orgeneral contractor.* Develop preliminary operating cost estimates. Identify sources for pre-development financing and, asnecessary, make application to those sources. Prepare cash flow analysis for both pre-development.and development period.* Identify potential permanent funding sources for individual projects.* Identify and analyze Plymouth's exposure and risk, including financial, political and communityaspects.Financial and Community Support* Prepare applications for competitive funding sources including tax credit allocation, grants, andfunding from City, County, State and Federal agencies as appropriate.* Notify community groups and neighbors of intent to develop or purchase project, and maintainongoing communication with neighborhood interests during design and development.* Identify project investor(s) and lender(s), in collaboration with Director of Real Estate Development.* Negotiate and close all agreements associated with project development funding.* Summarize terms of all financial agreements for use by development, property management andfinance departments.* Close out funding sources at completion of project development.New Construction and Acquisition* Negotiate site control for acquisition of land and/or building.* Identify and contract with development team, including resources such as environmental consultant,architect and other professional consultants, and general contractor.* Manage ongoing team coordination activities including periodic project meetings.* Prepare and submit periodic reports and manage ongoing relationship with representatives of allfunding sources for projects in development.* Coordinate with accountants to reconcile cost accounting to development budget.* Prepare monthly draw requests and reports necessary to pay for construction costs. Track and pay.invoices.* Coordinate permitting and infrastructure activities to the extent required for project developmentschedule.Coordination of Development Activities* Initiate and maintain communication with other Plymouth departments during feasibility, funding,project development and close-out activities.* Assist in refinement of Property Management development/design checklist, and use it as acommunication tool during project development.* Lead accounting transitions from pre-development to development, to cost certification, to projectoperation.* Lead transition from construction completion to property management operations.* Negotiate terms of all construction/permanent loans and Investor agreements.Team Effectiveness, Community Relationships and Professional Expertise* Participate in development team meetings, strategic planning sessions, identification of functionalimprovements, and other similar activities.* Maintain participation in the Housing Development Consortium of Seattle-King