Affordable Housing Development Associate

MRK Partners Inc • Collingswood, NJ

6d • $100,000 - $150,000

About The Position

The Affordable Housing Development Associate is responsible for supporting and assisting projects from start to finish – from initial acquisition analysis and determination of financing structures to construction and asset management.

Requirements

• Bachelor’s degree in business, finance, or related field.
• Minimum of 5 years’ of relevant experience.
• Minimum of 3 years’ experience in the affordable housing domain.
• Proficient in Microsoft Office Suite and virtual meeting applications.
• Ability to read and decipher leases, contracts, financials, inspection reports, and title documents.
• Excellent verbal and written communication skills.
• Extremely proficient in MS Office and virtual meeting applications.
• Adept at quickly mastering new systems and technology.
• Detail-oriented, organized, motivated, meticulous, practical & flexible.
• Able to effectively handle multiple and shifting priorities and maintain professional composure.
• Able to work in a fast-paced, high energy and team-oriented environment.
• Able to complete high quality work under pressure and within tight deadlines.
• Excellent interpersonal skills; able to develop relationships with coworkers, business partners and colleagues.
• Builds trust, honors commitments and treats all with respect.
• Uses those skills to accurately accomplish tasks by the deadlines.
• Able to work independently and as part of a team.
• Able to resolve issues, manage conflict exercise good judgement, and be a creative problem solver.
• Excellent analytical, comprehension, and creative problems solving skills.

Nice To Haves

• Proficient working with Monday.com Work OS and RealPage software preferred.

Responsibilities

• Manage multiple projects concurrently at varying stages of development while meeting or exceeding deadlines on their own with support from the COO as requested; works with team members across the entire business, including accounting, property management, development, and leadership.
• Perform market research and valuation analyses of prospective investment opportunities and identifies prospective investment opportunities for the organization.
• Perform extensive due diligence on each transaction; prepare written analyses and evaluations of investment opportunities for COO to review.
• Complete project documentation including drafting letters of intent (LOI) for purchase with sellers; and preparing and distributing regular reports to internal and external stakeholders.
• Participate in execution of transactions, including negotiations of contracts and agreements with sellers and financing banks.
• Perform planning, design, entitlements and permits; pre-construction, construction and project close-out duties; turnover of the project to asset and property management teams as well as project disposition support, when applicable.
• Continuously improve development operations, systems, procedures, tools, relationships, and organizational expertise.
• Cultivate, maintain, and leverage relationships with key stakeholders internal and external to the company, brokers, capital partners, landowners, buyers, governmental and regulatory authorities, contractors, architects, engineers, and consultants.
• Completes special projects as required.
• Performs other duties as required and assigned.

Benefits

• Full medical, prescription, dental and vision benefits
• Company-paid life and AD&D insurance
• Company-paid short-term and long-term disability
• A 401(k)-retirement plan with company match
• Paid time off, accrued based on years of service
• Supplemental insurance for employees and families
• Employee Assistance Program for confidential counseling
• Additional paid day off to provide community or charitable services
• Paid holidays; approximately fourteen (14) per year
• Peace of mind and a great working environment

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level