Development Analyst (LIHTC)

Kittle Property Group • Indianapolis, IN

12d • $65,000

About The Position

As a Development Analyst, you'll play a crucial role by focusing on preliminary underwriting, deal feasibility, market research, zoning and entitlement, and assisting with financing applications. You'll also oversee additional certifications and applications to Housing Finance Agencies, ensuring compliance at every step.

Requirements

• Bachelor’s degree (B.A./B.S.) or equivalent
• 1-5 years of experience in the real estate industry.
• Proficient in reading and analyzing business and technical publications.
• Strong presentation skills for diverse audiences.
• Advanced experience with MS Office.
• Strong problem-solving skills and ability to work with various variables.
• Must be a team player with excellent multitasking abilities.
• Language Skills - Ability to read, write, interpret and analyze business publications, technical procedures and government regulations. Ability to write and interpret reports, correspondence and manuals. Ability to effectively present to groups of people including employees, vendors and the general public.
• Math Skills - Ability to work with concepts such as internal rate of return (IRR), net present value (NPV), and various other valuation metrics. Ability to apply concepts such as fractions, percentages, ratios and proportions to situations.
• Reasoning Skills - Ability to solve problems and work with a variety of concrete variables in situations where only general guidelines exist. Ability to interpret instructions in written, oral, diagram or schedule form.
• Computer Skills – Advanced experience with MS Office.
• Other Skills – Must be a team player, strong people skills and be able to multi-task while remaining flexible.

Responsibilities

• Assist with all aspects of real estate deals, including feasibility analysis and development work.
• Prepare financial models to evaluate development opportunities.
• Conduct and analyze internal market studies.
• Coordinate due diligence and prepare purchase contracts and LOIs.
• Conduct market, zoning, and development research, providing informed recommendations.
• Collaborate with design, construction, and property management teams.
• Assist in preparing and submitting tax credit applications and reports to housing finance agencies.
• Participate in municipal zoning and development applications.
• Conduct site visits and competitive analysis.
• Travel up to 20% of the time.
• Assist with other research and planning as assigned.
• Other duties as assigned.
• Responsible and accountable for working on real estate developments from inception to closing by focusing on preliminary underwriting / deal feasibility, market research, zoning and entitlement, writing purchase contracts, financing applications and various other tasks.
• Responsible for additional applications and certifications to Housing Finance Agencies including Carryovers, Ten Percent Tests, Final Applications, and obtaining 8609’s.

Benefits

• Competitive salary with a corporate bonus structure.
• Generous paid time off, including 17 1/2 days and 9 1/2 paid holidays.
• Affordable medical, dental, and vision plans.
• 401(k) match up to 6%.
• Company-paid life insurance, short-term disability, and long-term disability.
• Tuition assistance program.
• Employee Assistance Program (EAP).
• Recognition and Motivosity reward program.
• Opportunities for personal and professional development.
• Onsite fitness center at the Corporate Office.
• Culture of Collaborative Excellence.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 251-500 employees