Director, Development Risk Management

Enterprise Community Partners

. Manage construction risk for affordable housing projects developed with Low-Income Housing Tax Credits (LIHTC) .

Posted 9/18/2026full-timeRemote • Maryland • United StatesLead💰 $135,000 - $160,000 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in managing construction risk for affordable housing projects, particularly those utilizing Low-Income Housing Tax Credits (LIHTC). Proficient in evaluating construction portfolios, facilitating dispute resolution, and collaborating with various stakeholders to ensure project success.

Highest-signal resume keywords

Construction Risk ManagementLow-Income Housing Tax Credits (LIHTC)Development Risk ManagementConstruction OversightCommunication Skills

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Construction ManagementChange Order EvaluationDue DiligenceInspection Report ReviewRisk Mitigation StrategiesGreen Building StandardsAffordable Housing StandardsProject Performance EvaluationCost Overrun IdentificationStakeholder Management

Soft Skills

Team CollaborationIndependent WorkProblem SolvingDispute ResolutionProfessional Integrity

Certifications & Qualifications

Bachelor’s Degree in ArchitectureBachelor’s Degree in EngineeringBachelor’s Degree in Construction ManagementRegistered ArchitectProfessional Engineer

Industry Keywords

Affordable HousingConstruction RiskDevelopment Phase ProjectsLocal Housing AgenciesRegional Building Agencies

About the role

Key responsibilities & impact

Manage construction risk for affordable housing projects developed with Low-Income Housing Tax Credits (LIHTC)
Monitor construction progress, identify issues, and help resolve them
Support successful completion and long-term viability of low-income housing projects
Oversee collection and review of monthly inspection reports
Evaluate proposed change orders and other construction information for development-phase projects
Participate in construction-related due diligence, including contracts, plans, specifications, and development team qualifications, to support underwriting
Evaluate the construction portfolio and identify projects with emerging or existing issues
Coordinate with internal teams to assess impacts and develop solutions with mitigation strategies and cost considerations
Identify potential construction-phase issues, including cost overruns, delays, design problems, stakeholder issues, agency matters, financing difficulties, utility constraints, severe weather, and environmental conditions
Facilitate dispute resolution among general partners, general contractors, vendors, and agencies
Support asset management staff in resolving construction and development issues on stabilized projects
Provide quarterly written summaries of issues and progress against strategy for watchlist projects
Interface with proprietary investors regarding construction risk updates, project-level questions, mitigation strategies, and project performance
Collaborate with regional asset management, finance, workouts, credit, accounting, underwriting, and specialized teams across the project life cycle

Requirements

What you’ll need

Bachelor’s degree in Architecture, Engineering, Construction Management, or equivalent experience is required
Registered Architect or Professional Engineer preferred
2–6 years of related experience with increasing levels of responsibility, preferably including on-site construction oversight
2 or more years of Development Risk Management experience with LIHTC funds
Demonstrated ability to manage a wide variety of construction-related individuals, issues, and situations
Solid understanding of standards, processes, and challenges specific to affordable housing preferred
Knowledge of and experience with green building standards helpful
Familiarity with local and regional housing/building agencies and contractors
Ability to work effectively in a team environment
Ability to work independently
Advanced oral and written communication skills
Highest level of professional integrity
Ability to travel periodically to job sites throughout the continental United States, approximately 10%
Ability to travel intermittently to company functions 1–2 times per year

Benefits

Comp & perks

Annual performance bonuses
Generous paid leave programs
Dental, health, and vision care plans
Family-building benefits including adoption and surrogacy support
Flexible work arrangements
Health advocacy
Employee Assistance Program (EAP)
Mental health benefits
Financial education
Wellness programs
Auto-enrollment in the company’s 401(k) plan with employer matching contributions
Learning and development opportunities
Tuition reimbursement for job-related courses and certifications