Assistant Development Manager

National Community Renaissance

Rancho Cucamonga, CA

JOB DETAILS
SKILLS
Accounting, Accounting Close, Administrative Management, Affordable Housing, Best Practices, Budgeting, Business Administration, Commercial Real Estate, Community and Social Services, Construction Design, Construction Management, Customer Support/Service, Documentation, Event Management, Financial Analysis, Financial Modeling, Financial Planning, Lift/Move 20 Pounds, Loan Funding, Local Government, Low-Income Housing Tax Credit (LIHTC), Microsoft Product Family, Negotiation Skills, Nonprofit, Office Equipment, PC Software, Physical Demands, Problem Solving Skills, Process Management, Project Development, Project Planning, Project/Program Coordination, Property Management, Real Estate, Real Estate Development, Real Estate Forms and Closings, Social Work, Team Player
LOCATION
Rancho Cucamonga, CA
POSTED
8 days ago

"Together, we transform lives and communities!"

National Community Renaissance (CORE) is seeking qualified individuals to join our team. CORE is one of the nations largest non-profit affordable housing developers with over a 25-year track record in community revitalization. We transform the economic and social future of communities by building quality, affordable housing combined with best practice social services to improve the self-sufficiency of our residents.

National Community Renaissance C.O.R.E. Values:

COMMUNITY - Through our high-quality construction and social services, we build great communities where our residents and neighbors can thrive.

OPTIMISM - We believe in the ability of people to strive for better lives, and we help provide them with the means to achieve their dreams.

RESPECT - We serve our residents, partners, and employees with utmost respect.

EXCELLENCE - We strive for the highest standards in design, construction, property management, and customer service.

Benefit Summary:

At National CORE, we offer competitive compensation packages and comprehensive benefit plans that include medical, dental, vision, 401(k) plan with match, Life Insurance, LTD, FSA, paid holidays, vacation, and sick time.

About the Job:

The Assistant Development Manager, Affordable Housing is responsible for supporting all aspects of the multi-family real estate development process.

RESPONSIBILITIES

Community Outreach:

  • Work with the Acquisitions and Development teams to organize and coordinate community events and workshops that promote project development.

Financial Analysis:

  • Assist in the preparation of financial models used in structuring transactions.
  • Assist in the preparation of loan packages for project financing.
  • Assist in structuring deal points and negotiate with existing and proposed financial partners.

Real Estate Closings:

  • Support Development Manager to manage real estate closing process, including all loan and equity funding.

Entitlement Process:

  • Assist in coordination of entitlement process through local governmental agencies.

Budget Administration:

  • Assist in preparation and maintenance of ongoing project budgets and support the draw process.

SKILLS & QUALIFICATIONS

An Assistant Development Manager should have the ability to:

  • Write clearly and directly.
  • Work easily with PCs and Microsoft software.
  • Work harmoniously with clients, consultants and other professionals.
  • Show initiative.
  • Make public presentations.
  • Be a team player.
  • Ability to manage up to four projects concurrently.
  • Must attend Company sponsored events which may include overnight stays at locations away from the employee's home.

EXPERIENCE & EDUCATION

The Development Manager should have some experience with:

  • Understanding, structuring and documenting the acquisition and financing of multi-family development.
  • Understanding of specialized financing programs used in affordable housing such as LIHTC, HOME, CDBG, AHP, tax-exempt bond financing and various HCD and HUD programs.
  • Preparing and updating proformas, project timelines and budgets.
  • Tracking and coordinating the work of project members and financial partners.
  • Planning for and resolving project issues in coordination with appropriate project team members and financial partners.
  • Must have a Bachelor's degree in Accounting, Finance, Planning, Real Estate, Business Administration or other Management related field.

PHYSICAL REQUIREMENTS/WORK ENVIRONMENT

  • Operate computer and office equipment.
  • Moderate walking, bending and lifting under 20 pounds.
  • Work is primarily sedentary in nature.
  • Occasional driving.

National Community Renaissance is an equal opportunity employer.

About the Company

N

National Community Renaissance

At National Community Renaissance, we support families and seniors by providing housing communities that are affordable, safe, and of the highest quality. We enhance neighborhood stability through long-term management and maintenance, as well as industry-leading services such as senior wellness, preschool and after-school programs, and family financial training.

CORE’s high-quality of management and a long-term focus are keys to preserving the integrity of our communities and providing a positive environment for our residents. With more than two decades of experience in property management, CORE’s team of talented managers, leasing agents and maintenance staff has a passion to influence our residents and surrounding neighbors with an entrepreneurial spirit that allows for resident economic mobility and a thriving community.

National Community Renaissance is an Equal Opportunity Employer!

COMPANY SIZE
100 to 499 employees
INDUSTRY
Nonprofit Charitable Organizations
FOUNDED
1992
WEBSITE
http://nationalcore.org/