Associate Director, Real Estate Development
Quick answer
Enterprise Community Development is hiring a hybrid Associate Director, Real Estate Development based in Bethesda, MD or Richmond, VA paying $115k-$140k to lead affordable housing development projects and strategic market expansion.
- Role
- Associate Director, Real Estate Development
- Organization
- Enterprise Community Development
- Location
- Bethesda, MD or Richmond, VA
- Work setup
- Hybrid
- Level
- Senior
- Compensation
- $115,000 - $140,000 per year
- Category
- Programs & Operations
The role
Enterprise Community Development is seeking an Associate Director of Real Estate Development to lead the end-to-end development process for affordable housing projects in the Mid-Atlantic and Southeast regions. This role manages feasibility analysis, deal structuring, financing, and construction oversight for multiple developments concurrently. The successful candidate will collaborate with internal teams and external consultants to ensure projects meet financial and community goals. This position supports the organization's strategic expansion while focusing on long-term sustainability and resident mobility.
What you'll do
- Manage the end-to-end development process from feasibility to close-out.
- Prepare development budgets, pro forma operating budgets, and debt/equity financing applications.
- Coordinate with architects, engineers, legal counsel, and construction managers.
- Oversee entitlement, zoning, and permitting processes including community engagement.
- Support geographic expansion into new regions through deal sourcing and partnership development.
What it takes
- Bachelor’s degree and 5-7 years of multifamily development experience.
- Minimum of 3+ years of experience in affordable rental housing development.
- Proven experience with complex, multi-layered financing such as LIHTC.
- Strong proficiency in MS Word and Excel.
- Excellent negotiation and project management skills.
What you'll bring
How we treat you
Comprehensive total rewards package including annual performance bonuses, medical, dental, vision, family-building support (adoption/surrogacy), 401(k) with match, tuition reimbursement, and flexible work arrangements.
Frequently asked questions
Where is this position located and is it remote?
This position is based in either Bethesda, MD or Richmond, VA and operates on a hybrid schedule, requiring 2 days per week in the office.
What is the compensation range for this role?
The salary range for this position is between $115,000 and $140,000 per year, depending on experience and qualifications.
What level of experience is required for this role?
The role requires a Bachelor’s degree and 5-7 years of multifamily development experience, including at least 3 years specifically in affordable housing.
How can I apply for this position?
The job description does not specify a deadline or a specific application portal, though interested candidates are encouraged to visit enterprisecommunity.org for more information.
How to apply
Apply directly on Enterprise Community Development's site. We link straight through — no resume parsing, no profile to fill out.
This listing is aggregated from a third-party source and its summary may be auto-generated, so details can be inaccurate or out of date. ForGood is not the employer and is not liable for the content — please verify everything on Enterprise Community Development's official posting before applying.