Real Estate Development Intern

MAAC (Metropolitan Area Advisory Committee) • Chula Vista, CA

1d

About The Position

Under direct supervision, the incumbent will assist in the management of a variety of aspects of the development process for multifamily rental housing (new construction and rehabilitation), single-family housing, and/or commercial development projects. The incumbent will be assigned special projects in the Real Estate Development (RED) Department which will include all aspects of the budgeting process and the development of a budgeting system within the department.
As part of the internship, MAAC will provide learning experiences to enable the intern to develop a broad understanding of the housing and real estate development experience. The intern will contribute to best-in-class research, assist with day-to-day responsibilities, contribute to RED initiatives, and carry out tasks for both internal and external clients.
Internships are limited to twelve (12) months.

Requirements

• Desire and ability to work with a diverse group of people, particularly those living in low-income distressed neighborhoods.
• Ability to work independently and in a team environment
• Computer skills: intermediate proficiency with Microsoft Office Suite and data entry.
• Good written and oral communication skills. Active listening, value clarification, and problem-solving skills preferred.
• Relate positively and effectively with children and families of various cultures and Socio-economic backgrounds.
• Ability to work a flexible schedule (some early morning, nights and weekends may be required)
• One year working with adults in a social service or community involvement capacity.
• Bachelor’s degree candidate (“Senior year” or last year of program) in Real Estate Development, Land Use Planning, General Construction, Affordable Housing, Finance, Community Development or related field
• Proficiency with Microsoft Office Suite including Word, Excel, Outlook, Power Point, and real estate databases
• Must have and maintain a valid California Driver’s License, daily use of a personal, insured vehicle, and have and maintain a motor vehicle driving record acceptable to MAAC’s insurance carrier. Incumbents will be enrolled in the California DMV Pull Program.
• Must have a physical examination, TB clearance and a drug screen by a doctor/clinic designated by MAAC as well as immunization records for influenza, pertussis and measles as required by state and federal regulations prior to the first day of employment.
• All positions are subject to a background/education check, DMV check, NSOR, exclusion and debarment checks prior to hire and periodically throughout employment as required by various funding sources.
• Must have or obtain a current criminal background check clearance, signed criminal record statement, and signed Acknowledgement to Report Child Abuse form prior to the first day of employment.

Responsibilities

• Assists with coordinating real estate development project tasks at all phases of the development process.
• Assists with identifying and negotiating site acquisitions; arranges for due diligence evaluations (i.e. title, environmental clearances, entitlement, etc.)
• Assists with coordinating local government review and approval processes for real estate developments.
• Assists with identifying and selecting development team members and consultants.
• Assists in securing acquisition, predevelopment, construction and/or permanent financing, including but not limited to Housing and Urban Development (HUD), the State Department of Housing, California Tax Credit Allocation Committee, local governments and private lenders.
• Promotes the community development goals of MAAC by ensuring that disadvantaged businesses and low-income individuals participate in all phases of the development process whenever feasible and practical.
• Collaborates with staff to ensure projects are completed on time and within budget constraints.
• Performs other assigned, related duties to further MAAC's mission in the provision of affordable housing and community facilities.

What This Job Offers

• Career Level: Intern
• Number of Employees: 501-1,000 employees