Director of Real Estate & Development
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Overview
Schedule
Full-time
Education
PMP
Career level
Executive
Remote
On-site
Compensation
$80,000-$90,000/year
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Job Description
Director of Real Estate & Developmentcdcb | come dream. come build.Brownsville, TX Full-Time ExemptAbout Uscdcb is a nationally recognized, mission-driven affordable housing organization building pathways to homeownership across South Texas. We combine innovative financing, modular construction, counseling, and community partnerships to help families dream bigger and achieve long-term stability.We are expanding our real estate development team as we scale neighborhood development, modular housing, and new community-building initiatives. If you are driven, collaborative, and excited about doing work that matters, this role may be a strong fit, even if you have never worked in affordable housing before.The OpportunityAre you a builder of projects, partnerships, and solutions? Do you thrive in complex, fast-moving environments where your work has a direct impact on families and communities?As the Director of Real Estate & Development, you will lead the planning and execution of housing projects from concept through completion. You will guide acquisitions, financing, design, and construction while working with diverse partners including architects, engineers, contractors, lenders, city officials, and community members.You do not need to arrive with LIHTC or affordable housing finance expertise.If you bring strong project management, analytical skills, and a commitment to learning, cdcb will train you on specialized housing tools, regulations, and funding programs.What You Will DoLead Development Projects that Change Lives
- Manage the end-to-end development of affordable housing from feasibility, to construction, to lease-up/stabilization.
- Oversee site acquisition, due diligence, project design, permitting, and entitlements.
- Coordinate multidisciplinary teams including architects, engineers, contractors, legal counsel, and consultants.
- Develop budgets, proformas, and project financial models (training provided as needed).
- Prepare and support applications for grants, tax credits, bonds, and public/private capital.
- Work closely with lenders, funders, and public partners to structure viable projects.
- Identify new development opportunities aligned with community needs and organizational strategy.
- Collaborate with the Executive Team to plan long-range growth and evaluate neighborhood-level impact.
- Supervise and mentor development and construction staff.
- Work cross-functionally with counseling, lending, asset management, and resident services.
- Represent cdcb at public meetings, community gatherings, and partner convenings.
- Proven project manager able to turn complex ideas into clear plans.
- Comfortable with budgets, timelines, and coordinating multiple stakeholders.
- Strong communicator able to explain complex issues to varied audiences.
- Analytical thinker with sound judgment and the ability to make decisions with incomplete information.
- Mission-driven with a commitment to housing equity and community impact.
- Organized, accountable, and excited to learn new systems.
- Project management
- Construction, real estate, urban planning, or architecture
- Public administration, policy, or community development
- Finance, analysis, consulting, or operations
- Nonprofit or government program management
- LIHTC and other affordable housing finance tools
- Public subsidies, grants, and compliance
- Housing development timelines and regulatory processes
- Working with TDHCA, HUD, municipal partners, and investors
- Salary: $80,000 – $90,000, depending on experience
- Bonus: Based on project and production goals
- Benefits:
- 100% employer-paid health, dental, and vision
- Life insurance
- 401(k) (no match required)
- 16 paid holidays
- Vacation & personal days based on length of service
- Collaborative work environment with strong mentorship from experienced leaders
- Professional development and training across multiple disciplines: housing finance, LIHTC, project design, community development, modular construction, and more
- Opportunity to shape a growing organization with regional and national impact
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FAQs About Director of Real Estate & Development Jobs at cdcb
What is the work location for this position at cdcb?
This job at cdcb is located in Brownsville, TX, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at cdcb?
Candidates can expect a pay range of $80,000 and $90,000 per year.
What employment applies to this position at cdcb?
cdcb lists this role as a Full-time position.
What experience level is required for this role at cdcb?
cdcb is looking for a candidate with "Executive" experience level.
What education level is required for this job?
The education requirement for this position is PMP. Candidates with relevant qualifications or equivalent experience may also be considered.
What benefits are offered by cdcb for this role?
cdcb offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Life Insurance, Paid Holidays, Paid Vacation, and 401k Matching/Retirement Savings for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at cdcb?
You can apply for this role at cdcb either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.