Associate, Affordable Acquisitions & Development

Description

• Draft and complete applications and documentation necessary for debt and equity financing, property purchase and sale, government subsidies, and rental contract maintenance.
• Lead select internal presentations to Senior Related Affordable Leadership.
• Engage in community and resident outreach initiatives to tailor property improvements and services to meet the needs of neighborhoods and residents.
• Engage with internal Deal, Construction, Community Engagement, and Portfolio, Asset, and Property Management teams to ensure wholistic measures of success are executed in each deal.
• Manage workflow and task completion across various teams and departments.
• Complete financial modeling and facilitate presentations with a focus on property valuation using a range of capital structures and financing tools unique to affordable housing.
• Compile and review due diligence information including financial, market, demographic, site, federal, and state regulatory data.
• Validate and defend budgets, assumptions, and pro-forma analysis, including the identification of challenges inherent to a given project.
• Support the Deal Team Leader in all aspects of affordable housing acquisitions, financing, and development.
• Communicate with investors, lenders, brokers, property managers, and industry consultants.

Requirements

• A Bachelor’s degree required; MBA, Master of Public Policy or MRED
• Demonstrates a high level of receptivity to feedback and instructions, seamlessly integrating takeaways into future work products.
• Well-developed and adaptable writing skills.
• Entrepreneurial mindset, contributing new insights and perspectives that may lead to innovative ideas and approaches.
• Communicates effectively with a demonstrated ability to maintain strong relationships with diverse stakeholders, including internal leaders and colleagues, investors, lenders, local communities, and government agencies.
• Demonstrates an ability to project manage key components of deal or project, spanning from initiation to completion
• An understanding of the principles of finance and accounting.
• Proficient in the standard suite of office applications and advanced proficiency in Microsoft Excel.
• Adept at financial analysis with robust quantitative and modeling skills.
• Exceptional time management, organizational, and prioritization skills, as well as acute attention to detail; showcasing the capacity to excel in a fast-paced environment while successfully managing multiple projects and competing priorities.
• 2 - 5 years of professional experience, preferably in a banking or real estate environment, or equivalent coursework.
• Demonstrates strong problem-solving skills, identifying the root causes of issues, and leveraging prior experience and education to derive creative and impactful solutions.
• Ideal candidate will have experience with LIHTC and/or affordable housing finance
• Flexibility to travel and work outside standard business hours as needed
• Exceptional financial modeling skills.

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance