Housing Development Coordinator in Arkansas Career Overview

As a Housing Development Coordinator, your role is integral to the planning and execution of housing projects that cater to diverse communities. You are responsible for facilitating development efforts that address housing needs and make a tangible impact on local populations.

Key aspects of the role include:

  • Project Management: You oversee housing developments from conception to completion, ensuring that projects align with community requirements and regulatory standards.

  • Stakeholder Engagement: Your position necessitates collaboration with various stakeholders, including government agencies, non-profits, and community organizations, fostering relationships that are essential for project success.

  • Resource Allocation: You are tasked with identifying funding sources and managing budgets, playing a critical role in the financial sustainability of housing initiatives.

  • Market Analysis: Understanding housing trends and demographic shifts allows you to make informed decisions about project planning and community needs.

  • Regulatory Compliance: Ensuring that all housing developments comply with local, state, and federal regulations is a key responsibility that helps mitigate legal risks and promotes safety.

Through these functions, you contribute significantly to shaping livable, affordable, and sustainable housing solutions within Arkansas, enhancing the quality of life for its residents.

Housing Development Coordinator Salary in Arkansas

Annual Median: $46,080
Hourly Median: $22.15

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.

Required Education To Become a Housing Development Coordinator in Arkansas

To become a Housing Development Coordinator, you will need to pursue relevant educational qualifications and training. Here are some common degree programs that can prepare you for this career:

  • Community Organization and Advocacy

    • This program focuses on empowering communities and promoting social change, equipping you with the knowledge to advocate for housing needs and policies.
  • Construction Management

    • A degree in this field provides you with an understanding of the construction processes, project management, and the technical skills necessary for overseeing housing development projects.
  • Urban Studies and Affairs

    • This program explores the social, economic, and political aspects of urban environments, preparing you to address housing challenges through an interdisciplinary approach.
  • Urban and Community Horticulture

    • This degree emphasizes the importance of green spaces and sustainability in urban development, which can complement housing projects with landscaping and community gardens.
  • Housing and Human Environments

    • This program is centered on the relationship between housing and human behavior, giving you insights into design principles and community development for optimal living spaces.

While specific requirements may vary by employer, pursuing any of these educational pathways can significantly enhance your qualifications for a career as a Housing Development Coordinator.

Best Schools to become a Housing Development Coordinator in Arkansas 2024

Empire State University

Saratoga Springs, NY

In-State Tuition:$7,070
Out-of-State Tuition:$16,980
Admission Rate:N/A
Graduation Rate:25%
Total Enrollment:9,407

Grand Canyon University

Phoenix, AZ

In-State Tuition:$16,407
Out-of-State Tuition:$16,407
Admission Rate:78%
Graduation Rate:45%
Total Enrollment:101,816

Louisiana State University and Agricultural & Mechanical College

Baton Rouge, LA

In-State Tuition:$8,038
Out-of-State Tuition:$8,038
Admission Rate:76%
Graduation Rate:70%
Total Enrollment:37,348

University of Phoenix-Arizona

Phoenix, AZ

In-State Tuition:$9,552
Out-of-State Tuition:$9,552
Admission Rate:N/A
Graduation Rate:18%
Total Enrollment:88,891

CUNY Borough of Manhattan Community College

New York, NY

In-State Tuition:$4,800
Out-of-State Tuition:$7,680
Admission Rate:N/A
Graduation Rate:24%
Total Enrollment:17,444

Wentworth Institute of Technology

Boston, MA

In-State Tuition:$38,160
Out-of-State Tuition:$38,160
Admission Rate:92%
Graduation Rate:69%
Total Enrollment:3,920
Housing Development Coordinator Job Description:
  • Plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties.
  • Includes managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way).

Housing Development Coordinator Required Skills and Competencies in Arkansas

  • Project Management: Ability to oversee housing projects from inception to completion, ensuring that goals, timelines, and budgets are met efficiently.

  • Communication Skills: Strong verbal and written communication skills to effectively interact with stakeholders, community members, and governmental agencies.

  • Analytical Skills: Proficiency in analyzing data related to housing needs, demographics, and market conditions to inform development decisions.

  • Problem-Solving: Aptitude for identifying issues and developing strategic solutions, particularly in response to community needs and regulatory challenges.

  • Negotiation Skills: Competence in negotiating contracts and agreements with various parties, including property owners, contractors, and government officials.

  • Leadership: Capability to lead and motivate a team, fostering collaboration and ensuring alignment with the organization's mission and goals.

  • Budgeting and Financial Acumen: Understanding of budgeting processes and financial management to oversee funding sources, expenditures, and financial reporting.

  • Regulatory Knowledge: Familiarity with local, state, and federal housing regulations and compliance requirements that impact development projects.

  • Community Engagement: Skill in working with the community to gather input, foster partnerships, and build support for housing initiatives.

  • Technical Skills: Proficiency in using software tools and technology related to project management, data analysis, and geographic information systems (GIS).

  • Time Management: Ability to prioritize tasks effectively to meet deadlines without compromising the quality of work.

  • Adaptability: Flexibility to respond to changing circumstances and remain effective in dynamic environments.

By focusing on these skills and competencies, you can position yourself for success as a Housing Development Coordinator in Arkansas.

Job Duties for Housing Development Coordinators

  • Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.

  • Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.

  • Prepare detailed budgets and financial reports for properties.

Technologies and Skills Used by Housing Development Coordinators

Accounting software

  • Intuit QuickBooks
  • Sage 50 Accounting

Data base user interface and query software

  • Propertyware
  • Yardi software

Word processing software

  • Google Docs
  • Microsoft Word

Basic Skills

  • Reading work related information
  • Talking to others

Problem Solving

  • Noticing a problem and figuring out the best way to solve it

Social

  • Bringing people together to solve differences
  • Changing what is done based on other people's actions

Job Market and Opportunities for Housing Development Coordinator in Arkansas

The job market for Housing Development Coordinators in Arkansas is currently positioned for steady growth, driven by various factors influencing the housing sector. Here are key points regarding demand and growth potential:

  • Increasing Demand: There is a rising need for Housing Development Coordinators as Arkansas addresses housing challenges, including affordability and accessibility. Government initiatives and nonprofit organizations actively seek professionals to facilitate housing projects, ensuring community needs are met.

  • Growth Potential: The position of Housing Development Coordinator is expected to grow as more communities recognize the importance of sustainable housing development. This role is integral in navigating grant applications, coordinating with stakeholders, and overseeing project implementation, indicating robust career advancement opportunities.

  • Geographical Hotspots: Certain regions in Arkansas present more opportunities for Housing Development Coordinators, including:

    • Little Rock: As the state’s capital and largest city, Little Rock has a diverse range of housing projects, including urban development and affordable housing initiatives.
    • Fayetteville: With a growing population and a robust university presence, Fayetteville sees significant demand for coordinated housing efforts to support both student and community needs.
    • Bentonville: Known for its rapid growth and economic development, Bentonville offers numerous housing projects, making it a prime location for coordinators focused on residential development.
  • Collaborative Environments: Many Housing Development Coordinators work within collaborative environments, often alongside local governments and nonprofits aiming to address housing shortages. This collaboration can lead to enhanced job security and networking opportunities.

  • Federal and State Programs: There is also an ongoing investment in housing by federal and state programs, which provides chances for coordinators to engage in significant projects aiming at community development and resilience.

By focusing on these areas, you can better navigate the current job market and identify promising opportunities as a Housing Development Coordinator in Arkansas.

Additional Resources To Help You Become a Housing Development Coordinator in Arkansas

  • National Association of Housing and Redevelopment Officials (NAHRO)
    Website: http://www.naht.org
    This organization provides resources, training, and networking opportunities for housing development and redevelopment professionals.

  • Arkansas Development Finance Authority (ADFA)
    Website: https://www.arkansas.gov/adfa
    The ADFA offers various financing programs for affordable housing projects and provides information on grants and funding options available in Arkansas.

  • U.S. Department of Housing and Urban Development (HUD)
    Website: https://www.hud.gov
    HUD is a key resource for policies, funding, and guidance related to housing development, including publications and data specific to Arkansas.

  • American Planning Association (APA)
    Website: https://www.planning.org
    APA provides a wealth of information on land-use planning, zoning, and housing policy which is essential for housing development coordinators.

  • National Low Income Housing Coalition (NLIHC)
    Website: https://nlihc.org
    NLIHC focuses on advocacy and the promotion of policies that ensure affordable housing for low-income individuals. They provide tools and resources relevant to housing policy advocates.

  • Arkansas Housing Commission
    Website: https://www.arkansashousing.com
    The Commission manages housing programs in Arkansas, offering resources for both individuals and professionals in housing development.

  • Community Development Financial Institutions (CDFI) Fund
    Website: https://www.cdfifund.gov
    This U.S. Department of the Treasury initiative supports community development efforts through financing and provides resources for organizations interested in affordable housing development.

  • Local Government Offices
    Check your local county or city government website for housing development initiatives, zoning regulations, and local funding opportunities.

  • Books and Publications

    • "Housing Policy in the United States" by Alex F. Schwartz
      Find insights into the principles and challenges that shape housing policy across the country.

    • “The Affordable Housing Reader” edited by Elizabeth J. Mueller and Eileen D. Jones
      A collection of readings focusing on affordable housing strategies and developments.

  • Online Courses and Webinars

    • Coursera: Look for courses on urban planning, public policy, and community development.
    • edX: Offers a variety of courses related to housing and urban development.
  • Networking Opportunities

    • LinkedIn Groups: Join groups such as "Affordable Housing Professionals" and "Urban Planning and Development" for industry discussions and networking.
    • Local Housing Conferences: Attend events hosted by local or national organizations to connect with other professionals in the field.

These resources will provide you with valuable information and tools to advance your career as a Housing Development Coordinator in Arkansas.

Frequently Asked Questions (FAQs) About Housing Development Coordinator in Arkansas

  • What does a Housing Development Coordinator do?
    A Housing Development Coordinator is responsible for overseeing the planning, development, and management of housing projects. This includes coordinating with various stakeholders, securing funding, ensuring compliance with regulations, and managing project timelines.

  • What qualifications do I need to become a Housing Development Coordinator in Arkansas?
    Typically, a bachelor's degree in urban planning, finance, public administration, or a related field is required. Relevant experience in project management, construction, or real estate development is also beneficial.

  • Is certification required to work as a Housing Development Coordinator?
    While certification is not strictly required, obtaining credentials such as the Housing Development Institute (HDI) certification or a project management certification can enhance your qualifications and demonstrate your expertise to employers.

  • What skills are important for a Housing Development Coordinator?
    Key skills include project management, strong communication, negotiation, budgeting, knowledge of real estate laws, and the ability to analyze data related to housing trends. Familiarity with relevant software and tools is also important.

  • Where can I find job opportunities for Housing Development Coordinators in Arkansas?
    Job opportunities can be found on various online job boards, government websites, local housing authorities, and non-profit organizations focused on housing development. Networking within professional associations can also lead to job openings.

  • What is the salary range for a Housing Development Coordinator in Arkansas?
    The salary can vary widely depending on experience, location, and specific employers, but it typically ranges from $45,000 to $75,000 annually, with potential for higher earnings in senior positions or specialized areas of development.

  • What are the career advancement opportunities for a Housing Development Coordinator?
    With experience, you can advance to higher-level positions such as senior project manager, director of housing development, or even executive roles within non-profit organizations or government agencies focused on housing.

  • What types of employers hire Housing Development Coordinators?
    Potential employers include government agencies, non-profit organizations, private developers, real estate firms, and housing authorities that focus on affordable housing initiatives and community development.

  • How does this role contribute to community development?
    A Housing Development Coordinator plays a vital role in creating affordable housing options, revitalizing neighborhoods, and ensuring that housing projects meet the needs of diverse populations, all of which contribute positively to community growth and stability.

  • What major challenges do Housing Development Coordinators face?
    Common challenges include navigating regulatory hurdles, securing funding, managing stakeholder expectations, and addressing community concerns related to housing developments. Adapting to changes in market conditions and policies can also be difficult.