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National Church Residences · 3 months ago

Project Leader, Affordable Housing Development (Hybrid)

Columbus, OH

Full-time

Hybrid

Entry, Mid Level

2+ years exp

National Church Residences is the nation’s largest not-for-profit developer and manager of affordable senior housing. The Project Leader will be responsible for overseeing affordable housing projects, including deal sourcing, financing, and coordination with stakeholders to ensure successful project completions.

Elder CareHealth CareNursing and Residential Care

Responsibilities

Identify, pursue and submit tax credit, bond, subordinate (FHLB, HOME, etc.) and lender applications to develop affordable housing communities

Submit multiple tax credit applications each year

Close multiple tax credit transactions per year

Obtaining not less than two revenue producing projects per year (9% awards and/or, 4% awards, acquisition projects, and/or third party management contracts

Identify and analyzes new and existing senior housing development opportunities

Prepares reports on topics including market investigation, comparable sales analysis, competitor evaluation and demographic research

Actively involved in relationship building and policy-shaping with State Housing Finance Agencies, affordable housing owners, developers, brokers and others as needed

Prepares preliminary financial underwritten for potential new construction projects, substantial renovations and/or acquisitions

Management and interruption of third-party consultants and reports

Lead in community stakeholder outreach materials and strategies for new development projects

Leads the zoning and entitlement process of housing development

Supports the preparation and negotiation of business terms of Purchase & Sale Agreements

Represent National Church Residences with various jurisdictional staff (city, county, state, etc.)

Review construction/rehab plans with Construction Management and third-party architects

Participate in strategic planning efforts for the Development Department

Utilizing various development department resources, take the lead in tracking and satisfying project related critical path benchmarks such as entitlements, third party reports, design documents and construction approvals

Provides support and guidance as required by to Department leaders in such areas as project presentations for external stakeholders, coordination of internal resources, National Church Residences’ internal investment committee, and others

Must adhere to all policies, procedures, terms and conditions set forth in the National Church Residences Employee Information Guide (EIG) as well as any facility handbook including but not limited to corporate compliance, drug free workplace, safe work practices, all federal, state, local regulations and laws

Other duties as assigned

Qualification

Affordable housing developmentReal estate investmentTax credit financingFinancial analysisProject managementNetworking skillsCommunicationTeam collaborationNegotiation skillsTime management

Required

Bachelor's Degree preferred. Understanding of affordable housing fundamentals, market dynamics, and economic and demographic driver

2-5 years of experience in a multifamily and/or affordable housing real estate, preferably with Low-Income Housing Tax Credit experience

Valid driver's license and able to meet National Church Residences' motor vehicle policy

Proficient in Excel and other Microsoft office suite products, with a willingness to learn new forms of technology

Ability to manage multiple affordable housing project in various development stages with assistance of supervisor

Demonstrated ability to take ownership of projects

Demonstrated analytical skills

Understanding of affordable housing fundamentals, financing, 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

Excellent written and verbal communication skills

Excellent networking skills

Demonstrated analytical skills, including an understanding of financial models

Collaborative skills, working with diverse internal and external entities to accomplish project goals

Demonstrated ability for multi-tasking and meeting simultaneous deadlines

Negotiation skills

Ability to travel on a regular basis

Demonstrates and maintains a positive, professional manner, manages time efficiently and effectively, promotes a team approach, participates in appropriate problem-solving methods