Housing Developer Associate

JOB SUMMARY: 

El Centro de la Raza seeks to hire a dedicated individual with excellent project management skills and technical ability to advance the growth we are experiencing and the opportunities that arise in the area of affordable housing development and planning. The Housing Development Associate will work with Executive Director, Associate Director, and Development partners who are  contracted to work on El Centro’s affordable housing development. 

The Housing Development Associate will manage 3-5 affordable housing projects at a time, which will include funding application preparation and submission, loan closing assistance, feasibility research, and other general development tasks. Construction support includes working with our development consultant to track construction documents, costs, and other construction management tasks. The candidate will be trained to assist in the feasibility, financing and management of affordable housing development. In addition to the management of ECDLR-led affordable housing projects, the Housing Development Associate will support the development and start up of Early Childhood Centers (CDC’s) in affordable housing development projects led by other development partners. The Housing Development Associate will also assist the Associate Director with management and asset management related functions of ECDLR’s commercial and residential assets. Other responsibilities will be added as the position develops. 

The ideal candidate has a strong work ethic, applicable educational and/or job experience, and an interest in serving low income and communities of color. They are detail-oriented and focused on team and client needs. 

This job description is not designed to contain a comprehensive listing of all regular activities, duties or responsibilities that may be required. Duties, responsibilities and activities may change at any time with or without notice. Requires a 6 month evaluation period. 

ESSENTIAL FUNCTIONS:

Support Development of Child Development Centers (CDC’s) in Affordable Housing Development Projects

• Coordinate with development partner(s) and project development team to provide oversight of design and construction process of CDC’s.
• Participate in regular planning, design, construction and development related meetings as needed to help ensure flow of communication throughout the design, construction, licensing, and        operational process for CDC’s.
• Attend on-site meetings and site walks to provide CDC oversight and insight into development progress.
• Work with ECDLR Leadership to establish goals, timelines and task related to CDC’s as part of developments
• Create work plans to manage tasks and timelines related to CDC’s
• Coordinate necessary communication with State Department of Early Learning, contractors, architects, funders, El Centro Leadership, and other related parties
• Assist with funding applications, provides necessary support documentation, and budgets to funders and funding partners related to CDC’s
• Carry out necessary tasks during construction to insure delivery of quality CDC’s

Support External and Internal Development

• Manage marketing tasks, such as copywriting and design layouts for a wide range of materials: proposal submissions to potential clients, website copy, project info sheets, PowerPoint presentations, event invitations, etc.
• Assist with industry outreach and contact management
• Support team development activities to improve El Centro de la Raza’s performance and environment
• Show willingness to take on additional projects and tasks as needed

 Asset Management Tasks

• Tracking Life Stages of Properties including Capital Needs Assessments
• Monitoring and tracking revenue and expenditures of properties.
• Tracking financial measurements including Operating and Capital Set Aside balances and projections.
• Drafting, executing and monitoring Commercial Lease Contracts as well as tracking lease payments to the organization on dashboard tools.
• Communicating with Commercial Lease tenants regarding leases and property management issues.
• Coordinate visits to commercial and residential properties by external entities.
• Preparing applications to funding sources to support capital improvements or additions at residential properties.
• Working to create and update Property Deal Books.
• Performs other related duties as assigned by the Associate Director.
• Carry out 15 year proforma projections related to LIHTC properties, and ownership transfer.

Feasibility and Funding Tasks

• Maintain open and positive relationships with public funders, investors, and financial institutions
• Work with consultant to identify appropriate funding and subsidy sources for each development project
• Work with consultant to understand loan terms, contracts, and other documents
• Assist in preparation of clear and effective public and private funding applications
• Assist in negotiating funding documents with various funding sources and LIHTC investors

Other Project Tasks

• Complete necessary internal reports and reports to funders
• Assist in assembling funding applications to public and private funders
• Provide research and support to developers for realistic development and operating budgets
• Manage due diligence related to financial closings, including assembling materials for funders, tracking workflow and tasks, and following up on deadlines with multiple parties
• Maintain and update electronic project files throughout project duration
• Oversee project close-out including cost certification process and required funder documentation.
• Attend outside of work hour events associated with ECDLR-led projects or partner development projects when needed.

ESSENTIAL QUALIFICATIONS: 

• Bachelor’s degree or relevant work experience preferred.  

• Familiarity with Finance or Real Estate concepts preferred.  

• Project Management Experience, minimum of 2 years. 

• Ability to manage multiple projects and effectively communicate with internal and external partners 

• Excellent written and oral communication skills and the ability to meet tight deadlines and prioritize workloads 

• Strong organizational skills 

• Self-motivated; able to work both independently and collaboratively 

• Demonstrated ability to work as a member of a team in diverse settings 

• Proficiency in MS Word, Excel and PowerPoint 

• Understand and support El Centro’s mission, goals, and values. 

SKILLS/TECHNICAL KNOWLEDGE: 

• Computer proficiency, including Microsoft Office Suite including Excel 

• Valid driver’s license and proof of insurance required 

• Ability to track and complete multiple tasks and projects. 

• Bilingual English/Spanish Preferred 

WORKING CONDITIONS: 

Works in a general office environment and a classroom environment at EL Centro de la Raza. Works a minimum of 40 hours per week. May require a flexible schedule. Hybrid remote eligible; 2 days remote, 3 days in person. El Centro reserves the right to change any or all conditions under which this position is permitted to work remotely or withdraw permission to work remotely with or without advance notice. 

PHYSICAL REQUIREMENTS: 

• Ability to sit, walk, stand, bend, squat, climb, kneel, and twist on an intermittent or continuous basis 

• Ability to grasp, push, pull objects such as files, file cabinet drawers, and reach overhead 

• Ability to operate telephone, desktop or laptop computer 

• Ability to lift up to 25 lbs.