National Community Renaissance
  • Rancho Cucamonga, CA, USA
  • DOE
  • Salary
  • Full Time

National Community Renaissance offers a comprehensive benefits package!


"Together, we transform lives and communities!"

National Community Renaissance (CORE) is seeking a Development Manager, Affordable Housing to join our Development team. CORE is one of the nation's largest non-profit affordable housing developers with a 20-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:

National Community Renaissance offers a comprehensive benefits package including, medical, dental, vision, 401(k) plan with match, Life Insurance, LTD, FSA, paid holidays, vacation, and sick time.

 

About the Job: 

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

 

RESPONSIBILITIES

 

Financial Analysis:

  • Prepare financial models used in structuring transactions.
  • Prepare loan packages for project financing.
  • Structure deal points and negotiate with existing and proposed financial partners.

 Real Estate Closings:

  • Manage real estate closing process, including all loan and equity funding.

 Entitlement Process:

  • Coordinate entitlement process through local governmental agencies.

 Budget Administration:

  • Prepare and maintain ongoing project budgets and manage the draw process.

 

SKILLS & QUALIFICATIONS

 

A 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 a minimum of three years' 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 individually and 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!

National Community Renaissance
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