Assistant Development Manager

NATIONAL COMMUNITY RENAISSANCE•Rancho Cucamonga, CA

1d•$85,000 - $100,000•Onsite

About The Position

The Assistant Development Manager, Affordable Housing is responsible for supporting all aspects of the multi-family real estate development process. 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.

Requirements

Ability to write clearly and directly.
Ability to work easily with PCs and Microsoft software.
Ability to work harmoniously with clients, consultants and other professionals.
Ability to show initiative.
Ability to make public presentations.
Ability to 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 employee’s home.
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 Bachelor’s degree in Accounting, Finance, Planning, Real Estate, Business Administration or other Management related field.
Operate computer and office equipment.
Moderate walking, bending and lifting under 20 pounds.
Work is primarily sedentary in nature.
Occasional driving.

Responsibilities

Work with the Acquisitions and Development teams to organize and coordinate community events and workshops that promote project development.
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.
Support Development Manager to manage real estate closing process, including all loan and equity funding.
Assist in coordination of entitlement process through local governmental agencies.
Assist in preparation and maintenance of ongoing project budgets and support the draw process.