"Together, we transform lives and communities!"
National Community Renaissance (CORE) is seeking qualified individuals to join our team. CORE is one of the nation's largest non-profit affordable housing developers with over a 25-year track record in community revitalization. We transform the economic and social future of communities by building quality, affordable housing combined with best practice social services to improve the self-sufficiency of our residents.
National Community Renaissance C.O.R.E. Values:
COMMUNITY - Through our high-quality construction and social services, we build great communities where our residents and neighbors can thrive.
OPTIMISM - We believe in the ability of people to strive for better lives, and we help provide them with the means to achieve their dreams.
RESPECT - We serve our residents, partners, and employees with utmost respect.
EXCELLENCE - We strive for the highest standards in design, construction, property management, and customer service.
Benefit Summary:
At National CORE, we offer competitive compensation packages and comprehensive benefit plans that include medical, dental, vision, 401(k) plan with match, Life Insurance, LTD, FSA, paid holidays, vacation, and sick time.
About the Job:
The Assistant Development Manager, Affordable Housing is responsible for supporting all aspects of the multi-family real estate development process.
RESPONSIBILITIES
Community Outreach:
- Work with the Acquisitions and Development teams to organize and coordinate community events and workshops that promote project development.
Financial Analysis:
- Assist in the preparation of financial models used in structuring transactions.
- Assist in the preparation of loan packages for project financing.
- Assist in structuring deal points and negotiate with existing and proposed financial partners.
Real Estate Closings:
- Support Development Manager to manage real estate closing process, including all loan and equity funding.
Entitlement Process:
- Assist in coordination of entitlement process through local governmental agencies.
Budget Administration:
- Assist in preparation and maintenance of ongoing project budgets and support the draw process.
SKILLS & QUALIFICATIONS
An Assistant Development Manager should have the ability to:
- Write clearly and directly.
- Work easily with PCs and Microsoft software.
- Work harmoniously with clients, consultants and other professionals.
- Show initiative.
- Make public presentations.
- Be a team player.
- Ability to manage up to four projects concurrently.
- Must attend Company sponsored events which may include overnight stays at locations away from the employeeโs home.
EXPERIENCE & EDUCATION
The Development Manager should have some experience with:
- Understanding, structuring and documenting the acquisition and financing of multi-family development.
- Understanding of specialized financing programs used in affordable housing such as LIHTC, HOME, CDBG, AHP, tax-exempt bond financing and various HCD and HUD programs.
- Preparing and updating proformas, project timelines and budgets.
- Tracking and coordinating the work of project members and financial partners.
- Planning for and resolving project issues in coordination with appropriate project team members and financial partners.
- Must have a Bachelorโs degree in Accounting, Finance, Planning, Real Estate, Business Administration or other Management related field.
PHYSICAL REQUIREMENTS/WORK ENVIRONMENT
- Operate computer and office equipment.
- Moderate walking, bending and lifting under 20 pounds.
- Work is primarily sedentary in nature.
- Occasional driving.
National Community Renaissance is an equal opportunity employer.