Senior Project Leader - Acquisitions

National Church ResidencesColumbus, OH
21h

About The Position

The Senior Project Leader - Acquisitions will be accountable for the success of each affordable housing project including deal sourcing in targeted markets, preliminary deal evaluation, negotiation of purchases and related documents, procurement of financing, management of third-party consultants, and coordination of internal resources to facilitate a successful closing. In addition, the position will provide guidance and review work of Project Leaders and Analysts.

Requirements

  • Bachelors degree required.
  • Minimum, 7 years of relevant multifamily, affordable housing, real estate experience.
  • Extensive understanding of affordable housing fundamentals, market dynamics, and economic and demographic drivers.
  • Direct experience with tax credits, FHA mortgage programs, tax-exempt bonds, Section 8, and other sources of affordable housing financing.

Nice To Haves

  • Advanced degree preferred.

Responsibilities

  • Identify potential acquisitions of affordable senior and family multifamily properties
  • Develop relationships with affordable housing owners, government agencies, brokers, and for-profit developers
  • Prepare and/or coordinate the preparation of preliminary analysis for potential acquisitions
  • Negotiate Purchase & Sale Agreements
  • Represent NCR with various jurisdictional staff (city, county, state, etc.)
  • Coordinate tax credit and bond application submittals, additional subsidy requests, and lender applications
  • Review construction/rehab plans with Construction Management
  • Visit financing agencies to maintain relationships
  • Participate in strategic planning efforts for Development Department
  • Provides guidance and review work of Project Leaders and Analysts
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