Community Development Associate Jobs in Bronx, NY

Senior Development Associate

The Senior Development Associate will work independently and in support of Project Directors on development projects at various stages of development. Tasks include, but are not limited to assisting in assessing and acquiring potential development sites and/or properties; budgeting and financial analysis including pro-forma development and cash flow forecasts; securing debt and equity financing including completing financing applications and supporting financing closings; coordinating with development team members; facilitating the permitting and construction/renovation process; producing external communications and materials and planning events and overall assistant project management.

Reports to President or Vice President of Beacon Communities Development. No supervisory duties required. Exempt.

Location: Corporate Office (Boston)

The Development Associate, working in conjunction with senior staff, will be responsible for assisting Project Directors and working independently in the following areas: identifying and researching potential sites for development and/or existing residential properties for acquisition; conducting project feasibility studies, sensitivity analysis, and residual land value analysis; coordinating development team members and consultants and negotiating/coordinating contracts with vendors and contractors; developing and maintaining development and construction budgets, including working with design team to develop an appropriate scope of work; researching financing opportunities and complete One-Stop and/or other financing applications; coordinating with lenders, allocating agencies, syndicators, and equity joint-venture partners to secure necessary funding. Coordinate with lenders and equity joint-venture partners during their due diligence, including providing necessary documentation as requested; obtaining permits, including zoning and environmental approvals; coordinating closing agenda items to ensure the project's financing closes on schedule; provide day-to-day project management support from project planning and financial structuring through construction completion and project close-out; managing project budgets including invoice processing, requisition submittals, accounting systems, and schedule; creating and maintaining detailed summaries, document files, reference materials, and other resources for individual projects and for the development team to remain organized; planning and coordinating groundbreaking, ribbon cutting, and other events; preparing industry or company presentations and industry award applications; and providing general support to other members of the development team.

Education: Undergraduate degree (BA or BS). Experience: 3 to 5 years of real estate development, planning, investment, engineering, or construction management experience, preferably in the affordable housing environment. A master's degree in a related field can be substituted for 2 years of experience depending on field of study. Project experience should include exposure to all major aspects of project development and ability to work independently on most phases of project management. Candidates should have successfully participated in 2 or more complex affordable housing financial closings (or projects of comparable scale and complexity).

Qualifications, Abilities and Skills: Working knowledge of real estate development or project-management experience; some knowledge of affordable housing programs; goal-oriented and able to prioritize/manage multiple tasks and projects; financial and/or quantitative aptitude; ability to effectively communicate (in writing and in conversation) to team members, senior management, and investors; proficiency in Microsoft Excel, PowerPoint and Word.

Some travel will be required, as our portfolio consists of assets throughout New England and the Mid-Atlantic.

Beacon Core Competencies required for all positions: Teamwork, Integrity/Ethics, Dependability, Customer Focus, Adaptability/Flexibility. Beacon Senior Project Associate Job Competencies: Job Knowledge, Quality, Problem Solving/Analysis, Interpersonal Skills, Personal Organization, Productivity.

Compensation: $90,000 - $120,000 annual salary. Actual compensation is influenced by a variety of factors including but not limited to skills, experience, qualifications, and geographic location.

Founded in 2004, Beacon Communities LLC is a privately-owned real estate firm that develops, acquires, invests in, and manages a wide range of multifamily housing. Beacon currently owns and manages approximately 150 properties including affordable housing, market rate housing, and mixed income-housing. Its developments range from new construction, to historic adaptive reuse, to the renovation of existing housing.

At Beacon, we strive to make a difference in our residents' lives. We build outstanding communities that make enduring contributions to the vitality of our cities and towns. We create communities that serve a diverse cross section of our society. Our communities are healthy and vibrant. Why? Because they are planned with care, consideration, and compassion.

Benefits Offered: At the core of Beacon Communities is the talent on our teams, and we are committed to taking care of our team members so they can deliver great experiences to our residents. That is why we are proud to provide competitive compensation and comprehensive benefits that support a healthy life for you and your family when you join our team. As a regular, full time employee at Beacon you can expect: health & wellness benefits; work-life balance; retirement planning; 100% company-paid life insurance; access to an employee assistance program (EAP), childcare & eldercare support, career development and advancement opportunities ... and more!

Beacon Communities LLC is an Equal Opportunity Employer that seeks a diverse pool of candidates. We are committed to a policy of equal employment opportunity without regard to race, color, ancestry, national origin, religion, disability, gender, gender identity, sexual orientation, age, veteran status or other protected class. All qualified applicants are encouraged to apply. Beacon Communities LLC participates in the E-Verify program.