Development Associate

HHDC • Chicago, IL

23d

About The Position

The Development Associate supports multiple development projects by leading discrete project components, coordinating consultants and vendors, preparing funding applications, and overseeing financial processing during construction and closing phases. This role focuses on execution and milestone achievement, and cross-team coordination under the guidance of the Vice President of Real Estate Development.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Urban Planning, or related field.
• Two (2) years of experience in low-income housing development or related work.

Nice To Haves

• Master’s degree in Finance, Accounting, Economics, Urban Planning, or related field.
• Four (4) years of experience in low-income housing development.
• Strong time management and organizational skills with attention to detail and accuracy.
• Superior written and verbal communication and relationship management skills.
• Highly effective problem-solving and flexibility while remaining focused on solutions.
• Advanced proficiency with MS Word, Excel, Outlook, and PowerPoint.
• Openness to application of Artificial Intelligence platforms to Essential Job Functions.
• Ability to manage multiple priorities and deadlines with attention to detail.
• Collaborative mindset and a commitment to a customer-service orientation toward residents and stakeholders.
• Willingness to travel occasionally and work flexible hours as needed.
• Commitment to professional development and a passion for learning and growth.
• Exercises sound judgments in stressful situations in order to solve problems quickly and efficiently.

Responsibilities

• Serve in both support and lead roles for discrete project management tasks across multiple pipeline development projects.
• Coordinate project activities and objectives with contractors, consultants, vendors, and internal stakeholders.
• Support real estate pipeline efforts, including site selection, zoning analysis, feasibility studies, market analysis, preparation of preliminary project budgets, and responses to Requests for Proposals (RFPs).
• Prepare and submit funding applications to public and private funders and assist during underwriting, due diligence, and project closings, including coordination of third-party consultant reports.
• Manage construction draws, invoices, and the disbursement of project funds and awards during closing and construction phases.
• Prepare draw requests, supporting documentation, and monthly reporting to financing partners.
• Perform other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 11-50 employees