Lihtc Development Analyst Jobs Near Me

PURPOSE

As a Senior Analyst in the Affordable Housing Acquisition Group , you support the execution of the Company's Acquisition initiatives by a) performing financial analysis and underwriting of acquisition opportunities, b) leading and coordinating project due diligence, c) working with the acquisition and development team to facilitate, manage, and execute on deal milestones and effectively communicating throughout the acquisition and closing process to the seller, internal team members, legal, vendors, HUD and state agencies.

As Senior Analyst, you will support all aspects of the acquisition cycle from site identification, bidding, underwriting, contract negotiation, third party inspections, due diligence, closing and changeover to construction, asset management and operations housing teams. You will demonstrate ownership of their work, take initiative, be a very effective communicator/listener, have excellent organizational skills, and be capable of accurate and prudent financial underwriting with the ability to manage key relationships to ensure growth plans are achieved.

You should demonstrate an understanding and passion for the mission of affordable senior housing and be open to career growth over time into more senior-level development positions

ESSENTIAL FUNCTIONS

• Support the Director of Acquisitions and Senior Project Leader with the acquisition of multifamily senior housing projects; anticipated per annum acquisition unit count for the acquisition team will be between 700 and 1,500 units per year.

• Identify, investigate, underwrite and model potential acquisition opportunities to determine maximum offer price and financial viability.

• Provide support in developing presentations, pitch books, and other materials relevant to making proposals to potential sellers.

• Coordinate, review, analyze, and summarize project due diligence, including but not limited to, compliance, market studies, appraisals, environmental reports and capital needs assessments. Make recommendations to senior acquisition team regarding key findings that may affect the operations, finances, and future investment options of the proposed deal.

• Communicate professionally and direct the flow of real estate transactions by coordinating with sellers, third-party vendors, title companies, outside legal counsel, HUD and other agencies, and property management teams.

• Assist with various HUD, LIHTC, HOME, and FHLB applications and submittals.

• Work alongside the Senior Project Leader and Director of Acquisitions to successfully transition all property assets to National Church Residences Construction, Housing and Asset Management teams.

• Manage project timelines and checklists and ensure compliance with applicable deadlines.

• Adopt, facilitate and manage deal flow management in Smartsheets & M-Files

• Support Senior Project Leader and Director of Acquisitions with Board reporting, Investment Corporation reporting, Internal Investment Committee reporting, industry specific presentations and other duties as assigned.

• Travel may includesite visits to review potential acquisitions, as required.

• Assist Senior Affordable Housing Acquisitions Team and provide support and other duties as assigned

• Attend and participate in regularly scheduled team meetingsand conferences, as required.

EXPECTATIONS

• As a key member of the Development department, the Senior Analyst has a unique opportunity to play a frontline role within a growing and dynamic Acquisition Team.

• Demonstrate and maintain a collaborative, professional manner, manage time efficiently and effectively, provide leadership as a role model to promote a team approach, participate in policy creation and appropriate problem-solving methods.

• Ability to manage expectations, inform stakeholders, and excel under tight deadlines.

• Strong desire to learn new and evolving information and deal parameters.

• Work standard Eastern Office Hours - 8:00 am to 5:00 pm, with late meetings as required.

• All responsibilities are carried out in a manner consistent with National Church Residences' Core Values of Mission, Compassion, Leadership and Professionalism

• With respect to Client Rights, must ensure all care is provided with respect and dignity for clients, report all complaints made by clients and/or families to the appropriate supervisors, report all allegations of abuse, misappropriation of funds/client property and/or any other corporate compliance, drug free workplace, safe work practices, all federal, state, local regulations and laws.

• Perform other duties as assigned.

Education: Bachelor's degree required; business, finance, accounting, real estate preferred

Experience: A minimum of 2 years' experience in affordable housing syndication, origination, deal flow or underwriting.

Abilities:

• Understanding of affordable housing fundamentals and market dynamics.

• Ability to demonstrate ownership of projects and work with a high degree of autonomy.

• Highly effective communication, presentation and listening skill set. Excellent written and verbal communication skills.

• Sound analytical skills and proficiency in Microsoft Excel and PowerPoint required.

• Must have the ability to understand data and carry out verbal and written instructions.

• Collaborative skills, working with diverse internal and external entities to accomplish project goals.

• Demonstrated ability for multi-tasking and meeting simultaneous deadlines.

• Ability to travel and attend evening meetings on a limited basis.

Licensure: Valid driver's license and able to meet National Church Residences' motor vehicle policy.

In return, National Church Residences offers an excellent Total Reward package that includes:

• Medical & Rx- 3 plan options to fit your budget; choose from coverage offered through a Nationwide network for you and your family

  • Complimented with aHealthcare Flexible Spending AccountorEmployer funded Health Savings Account

  • IncludesFertility & Family Building Support,Weight Management, andChronic Condition Support

  • Coverage begins first of the month following your date of hire!

• Dental&Visioncoverage for you and your family with Nationwide providers

• Company providedLife and AD&Dinsurance andDisabilitycoverage

• Supplemental benefitssuch asLife and AD&Dfor you and your family,Accident Insurance,Hospital Indemnity,and Critical Illness.

• Flexible Spending Accountsfor Dependent Care and Transportation & Parking

• Well-being Programsincluding an enhanced EAP withmental health and work-life support, andWell-Being Your Waywhich offers up to$1000/year in rewards & reimbursements!

• Retirement Savings Planofferingimmediate company funding at 3%, increasing up to 5% over timeand anadditionalcompany match up to 5%when you contribute your own funds!

• Reimbursement for Tuition expenses

• Paid Time Off (PTO), 9 paid Holidays, and Paid Parental leave at 100%

#LI-TS1

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, ancestry, military status, disability, genetic information and/or any other characteristics protected by applicable law.