Summer Internship, Asset & Revenue Management, Hybrid, Baltimore HQ Office

Enterprise Community Partners • Baltimore, MD

8d • $20 - $24 • Hybrid

About The Position

The Intern will assist ECD’s Revenue Management team with tasks related to the performance of the company’s portfolio of affordable and workforce apartment communities. Primary duties include maintaining processes and follow up related to market rent, renewal rent, utility allowances and other regulatory requirements for 110+ properties. This position will work with external and internal customers and must have strong communication skills, strong quantitative skills, and the ability to read regulatory agreements and governing documents for multi-family real estate ventures. This position will be supervised by the Associate Director, Revenue within the asset management team. This is a Hybrid position which will require 1-2 days onsite at the Baltimore HQ Office in Baltimore, MD.

Requirements

• Actively pursuing an undergraduate degree with an interest in community development and affordable housing programs; preferred.
• Strong verbal communication and business writing skills.
• Ability to read complex regulations and housing program information and take that information to create informative memos / policies and recommendations for Leadership / Operations Staff to act upon.
• Strong computer skills with MS Office Suite to include strong Excel skills.

Responsibilities

• Assist with all processes related to market rent surveys, market rent analysis and resident rent renewal analysis.
• Collaborate with the Real Estate Development, Acquisitions, Asset Management and Enterprise Residential staff to assist with analyzing optimum rental income contract terms, income limits and rents for each new acquisition / preservation apartment development.
• Collaborate with the Real Estate Development and Asset Management departments to determine the optimal Section 8 and rent increase strategies in connection with recapitalization/renovations of existing properties in the portfolio.
• Assist in the utility allowance determination process.
• Professionally respond to inter department and inter agency emails.
• Assist with special projects within Revenue Management.

What This Job Offers

• Career Level: Intern