Housing Developer II
About The Position
Beacon Development Group (a HumanGood Company) is hiring a Housing Developer (HDII). This person works with supervision in the areas of development of new project proposals, feasibility, pre-development review, project construction/rehabilitation management, and public / private financing for new and rehabilitated housing for low-income households. The HDII position is responsible for supporting all aspects of project development from planning to closeout. The scope of this position’s responsibility may include the following: assessment of community needs, identification and acquisition of appropriate sites, formulation of feasible housing proposals, development and operating budgets, project schedules, assisting the sponsor in conducting community notification, preparation and review of funding applications, and coordination of the project development team, including external consultants.
Requirements
- BA or graduate degree in finance, public administration, business, or related field; demonstrated successful experience (2 years) in multi-family affordable housing development may be substituted
- 2+ years experience in affordable housing
- Experience working with various types of public and private financing (e.g. bank loans, bridge loans, Tax Credits, etc.)
- Leadership, communication skills, commitment to mission, and experience working in diverse groups.
Responsibilities
- Researches and develops information required for project concept development
- Researches and develops realistic project capital and operating budgets
- Provides research and due diligence on funding sources and site acquisition.
- Underwrites and analyzes project financing including construction loans, permanent debt, tax-exempt bonds and Low-Income Housing Tax Credits.
- Maintains open and positive relationships with, public funders, investors and financial institutions
- Works with sponsors to understand loan, contract and other documents
- Identifies appropriate funding and subsidy sources for each development project
- Prepares clear and effective private and public funding applications
- Negotiates funding documents with various funding sources and private investors
- Oversee project schedule and budget throughout entire project lifecycle
- Maintains positive working relationships with client/owner and all external team members
- Collaborate with Beacon Construction Managers on design and construction process
- Oversee monthly financial draws, cost certification process, and project close-out.
- Independently manage and maintain positive relationships with external partners, consultants, and clients
- Represent HumanGood at industry events and on external committees and boards.
Benefits
- 20 paid days off, plus seven holidays
- company-matching 401(k)
- health plans that give you cash to use for those unexpected health issues
- healthcare benefits for our part-time and per diem team members!
- Tuition Reimbursement to promote your career advancement
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
