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2024 Summer Analyst Fellowship

January 10, 2024

2024 Summer Analyst Fellowship

Firm Name
HR&A Advisors
Firm Location
New York, NY
Firm Website
https://www.hraadvisors.com/hra-summer-fellowship-program/

Description

ABOUT US

HR&A Advisors, Inc. (HR&A) is an industry-leading real estate, economic development, and public policy consulting firm that helps create more equitable, resilient, and dynamic communities. Our work turns vision into action through rigorous analysis, strategy development, and implementation planning.

HR&A professionals come from a variety of backgrounds and have a breadth of lived experiences. We are former city officials, planners, architects, lawyers, and economists. We are passionate about increasing the vitality of urban life.

HR&A is proud to be an employee-owned company and is committed to building a diverse workforce while centering issues of equity and inclusion in the work that we do.

For more information, visit our website at www.hraadvisors.com.

ABOUT YOU

You have a passion for urban development and policy, strong quantitative and qualitative skills, and a deep curiosity about the challenges and opportunities facing cities today. You want to have an impact with the work that you do.

You will bring a capacity for critical thinking, creativity, and collaboration, and are excited to dive into projects that help our clients solve the difficult challenges cities face today.

THE ROLE

We are seeking full-time Summer Fellows for 10-12 weeks in our Atlanta, Dallas, Los Angeles, New York, Raleigh, and Washington, DC offices. Summer Fellows will be expected to work from an HR&A office at least two days per week.

Summer Fellows will have the opportunity to engage in project work and practice development as well as employ skills aligned with the core analytical staff at HR&A. Our analyst cohort forms the foundation of our team-oriented structure and helps to drive our data-driven approach to city building.

Summer Fellows may help prepare written reports, presentations, and Excel models for clients, as well as firm marketing materials and proposals for new projects. Day-to-day tasks will range from project to project and may include:

  • Market Analysis
  • Case Study Research
  • Econometric Modeling
  • Spatial Analysis
  • Real Estate Pro Formas
  • Public Policy Analysis

EXPERIENCE REQUIRED

Candidates should currently be completing their senior year of a bachelor’s degree program or are working towards a graduate level degree. Preference will be given to candidates with a concentration in urban planning, real estate finance, economic development, public policy, housing finance, or a related field.

TIMELINE

Applications will be accepted until 11:00 PM ET on January 29, 2024. Accepted Fellows will be notified in early March and will begin the Summer Fellowship Program on June 3, 2024. The Summer Fellowship to Full-Time Employment Track is anticipated to run until August 23, 2024. Start and end dates are flexible based on candidate availability.

Individuals in the Summer Fellow to Full-Time Employment Track, who have completed their degree programs, may be considered for transition into a full-time role at HR&A upon successful completion of the fellowship.

COMPENSATION

Summer Fellows will be paid a monthly stipend of $6,000.

HOW TO APPLY

HR&A is committed to attracting and retaining a talented, diverse, and high performing team of professionals dedicated to solving the challenges of urban life. Women, people of color, members of the LGBT community, individuals with disabilities, and veterans are strongly encouraged to apply.

To apply, please submit an application on our online portal at https://hraadvisors.applytojob.com/apply.

In lieu of a cover letter, please write an essay of no more than one typewritten page on how you see yourself bringing equity to cities and the built environment. Please submit this essay and your resume as a single PDF document. Applications without this requested essay will not be reviewed.

As part of our ongoing work to build a hiring system that mitigates bias and is based on candidate merit and performance, we ask that you submit a version of your resume and essay that has your school information removed. Please list your degree, e.g., B.A. Economics; however, remove all references to undergraduate and graduate schools you have attended.

All qualified candidates will receive consideration for employment without regard to their race, religion, ancestry, national origin, sex, sexual orientation, gender identity or expression, age, disability, marital status, medical condition, veteran status, or any other basis as protected by federal, state, or local law.

For more information, please contact us at jobs@hraadvisors.com.

Job Details

Job Type
 Internship
Paid Y/N
  Paid
Application Due
  01/29/2024
Start Date
  06/03/2024

Contact Information

Contact Name
Pasan Perera
Contact Email
jobs@hraadvisors.com

The contact is a Carolina Planning alum.

Job Category:
Community Development, Economic Development, Fellowship, Housing, Internship, Real Estate
Job Sector:
Private

Real Estate Analyst

January 10, 2024

Real Estate Analyst

Firm Name
HHHunt
Firm Location
Raleigh and Richmond
Firm Website
https://www.hhhunt.com/

Description

JOB SUMMARY:
The Finance Analyst primarily assists in monitoring the financial performance of existing assets within the Apartment Living portfolio with the primary goal of NOI growth and asset value preservation. They are integral in the creation of new processes/infrastructure required to measure internal and external trends, evaluate local markets, support the development of strategic plans, and maintain historical data/key metrics. In addition, this role also helps create/manage financial models to evaluate Apartment Living projects.

JOB RESPONSIBILITIES:

  • Build and enhance tools to assist in the analysis of financial, market, and residential data
  • Understand, maintain, and update financial models that assist with the management of the financial performance of a large multifamily portfolio
  • Analyze financial models, competitor data, and market data to recommend potential resolutions to senior management
  • Create and implement new systems or processes to manage data across the entire portfolio
  • Conduct market research and analysis to obtain local market knowledge of competitor offerings, positioning, location, and market supply and demand trends
  • Assist in the preparation of the Properties Division’s ten-year cash flow twice a year including collaborating with the operations team from Apartment Operations with gathering information
  • When requested, prepare financial pro forma models for Apartment Living projects.
  • All other duties as assigned
  • Coordinate and prepare REO schedules as needed.

KNOWLEDGE, SKILLS, AND ABILITIES:

  • Advanced skills in Microsoft Excel
  • Demonstrated aptitude for analytics and problem solving
  • Knowledge of finance and accounting including the ability to manipulate and analyze large data sets
  • Project management skills and abilities capable of balancing multiple and competing priorities
  • Excellent written and verbal communication skills
  • Ability to successfully perform multiple tasks with minimal supervision
  • Experience with successfully meeting deadlines

QUALIFICATIONS:

  • Working toward a 4-year degree in Finance, Accounting, Statistics, or Economics
  • Ability to successfully perform multiple tasks with minimal supervision.
  • Experience with successfully meeting deadlines.

Job Details

Job Type
 Internship
Paid Y/N
  Paid
Application Due
  01/31/2024
Start Date
  05/16/2024

Contact Information

Contact Name
Craig Koller
Contact Email
Crkoller@hhhunt.com
Contact Phone
(410) 949-6965

The contact is a Carolina Planning alum.

Job Category:
Housing, Internship, Real Estate
Job Sector:
Private

Associate Consultant

November 14, 2023

Associate Consultant

Firm Name
Economic & Planning Systems
Firm Location
Denver, CO
Firm Website
https://www.epsys.com/

Description

About Us
Economic & Planning Systems, Inc. (EPS) is an innovative consulting firm working in land use policy and urban planning, housing, economic and community development, real estate development, and public finance. Since 1983 we have served a wide variety of private and public sector clients throughout the United States with an emphasis on sustainable and equitable urban development and community resiliency.
EPS is seeking a qualified person to join our Denver team. We welcome people of all backgrounds and identities to apply. We offer an intellectually stimulating and challenging work environment, frequent client contact and exposure, rewarding project assignments, and advancement opportunity. We are committed to a healthy work-life balance and invest in our staff through on-the-job training, monthly “lunch-and-learns,” and staff retreats and social events, with the goal of developing well-rounded consultants experienced in the full range of services offered by the firm.
EPS promotes a collaborative professional environment and values diverse perspectives that strengthen our understanding of issues and enhances our services to our clients and their communities. We are passionate about work that results in strategies to promote great and sustainable places. We help communities expand in an equitable way by planning for healthy, diverse neighborhoods, balanced economic growth, affordable housing, enhanced transit and public services, and innovative land use investments.
Associate Position
An EPS Associate collaborates with EPS Principals, staff, and partner firms to complete consulting assignments related to urban issues including affordable housing, equitable urban investment, transit-oriented development, economic development and revitalization, fiscal and economic impacts, and open space and conservation planning. They prepare quantitative and qualitative research and analysis, participate in stakeholder engagement, and prepare written and spoken deliverables.
Qualifications and Skills
• Master’s degree in urban and regional planning, urban economics, real estate, public policy, or related field (or bachelor’s degree plus directly related work experience)
• 1 to 3 years of related experience in consulting or related public sector position
• Strong spreadsheet modeling and data analysis skills
• Knowledge of basic demographic and economic analysis techniques and data sources
• Basic knowledge of real estate market and financial analysis
• GIS/spatial analysis and graphics skills
• Strong problem solving and written and oral communication skills
• Interest in the economics of land use, evolution of places, and local economic and community development

Benefits
• Starting salary $65,000 to $75,000 dependent on qualifications and experience
• Full benefits package including medical, dental, vision, disability, and paid time off
EPS is an Equal Opportunity Employer. We encourage all qualified candidates to apply.
To apply send resume and cover letter to lsoister@epsdenver.com

Job Details

Job Type
 Permanent
Paid Y/N
  Paid
Application Due
  12/31/2023
Start Date
  01/01/2024

Contact Information

Contact Name
Helena Soister
Contact Email
lsoister@epsdenver.com
Contact Phone
(303) 623-3557

Job Category:
Economic Development, Housing, Land Use, Real Estate
Job Sector:
Private

Executive Director

October 12, 2023

Executive Director

Firm Name
Ithaca Neighborhood Housing Services
Firm Location
Ithaca, NY
Firm Website
https://www.ithacanhs.org/

Description

Ithaca Neighborhood Housing Services (INHS), a 47-year-old nonprofit, seeks a new Executive Director to lead our organization and its affiliates into our next 47 years.

INHS is an established and well-regarded organization dedicated to revitalizing neighborhoods and communities, and helping people of modest incomes secure—and stay in—high-quality housing in the beautiful Finger Lakes region of upstate New York.

INHS began as a Neighborhood Housing Services program in 1976, aiming to stop neighborhood decline in the City of Ithaca’s blue-collar neighborhoods by renovating dilapidated homes and increasing low- and moderate-income homeownership. INHS later expanded into affordable rental housing production, lending, and property management. Our services have grown almost continuously since the early 1980s, as the affordable housing challenges in the region have increased, and our service area has expanded.

Today, INHS builds new affordable housing, renovates older homes, manages property, provides grants and low-interest loans for home purchase and renovation, counsels first-time homebuyers, and assists seniors with small home repairs.

Our new leader should have the following core qualifications:

  • Strong people management and internal communication skills
  • An ability to effectively collaborate with the board and with key community leaders
  • Experience in fundraising from a variety of sources
  • In depth understanding in at least one of the areas of affordable housing development, community development lending and CDFI compliance, property management, or asset management
  • A grounding in financial management and a comprehensive understanding of how to maintain INHS’s financial health
  • A minimum of ten years of relevant work experience, at least five of which will be at the senior management or Executive Director level, and
  • A Master’s degree in city planning, business, real estate, or a related field, or the equivalent in additional work and training experience is preferred.

INHS offers a competitive salary and benefits package which includes: 11 holidays, 4 weeks of vacation, contributions to a health plan and a SEP/IRA, as well as a 403b retirement plan. The salary range for this full-time position is $130,000-160,000, depending on qualifications and experience.

This is not a remote work position. The Executive Director is expected to both work and live in the region once they assume this position. For more information about INHS, see https://www.ithacanhs.org.

The Selection Process

Please submit a cover letter, detailing your interest and qualifications for this position and an up-to-date resume as one document to: Ann L Silverman Consulting, at https://annlsilverman.com/inhs-executive-director/. Questions can be addressed to: jobs@annlsilverman.com.

Note that if you have a strong interest in this position, but do not have all of the skills and experiences sought, we would still like to hear from you. In your cover letter, please describe what particular characteristics you bring to this position, and how you would propose to add to your skills. All applications will be reviewed and acknowledged as they are received. INHS seeks to fill this position by early 2024.

Ithaca Neighborhood Housing Services is an equal opportunity and affirmative action employer. We encourage applications from candidates from diverse backgrounds and cultures.

Job Details

Job Type
 Permanent
Paid Y/N
  Paid
Application Due
  01/10/2024
Position Details: View complete job listing

Contact Information

Contact Name
Ann Silverman
Contact Email
jobs@annlsilverman.com

Job Category:
Community Development, Housing, Real Estate
Job Sector:
Non Profit

Multifamily Lending Coordinator

September 18, 2023

Multifamily Lending Coordinator

Firm Name
City of Raleigh
Firm Location
Raleigh, NC
Firm Website
http://www.raleighnc.gov

Description

The Community and Small Business Development Division of the Housing and Neighborhoods Department administers the City’s housing and community development programs funded with local and federal funds, including gap financing loans for affordable multifamily housing development. The Division seeks a self-directed community development professional with excellent communication skills and a commitment to professional excellence to serve as its Multifamily Lending Coordinator. This position manages the Department’s multifamily gap financing programs, including drafting notices of funding availability and requests for proposals, coordinating inter-disciplinary review committees, leading regular interdisciplinary coordination calls for ongoing projects, and evaluating proposals, including financial underwriting. The Multifamily Lending Coordinator will make recommendations in the form of memoranda and presentations to go before City Council. This position will also move funded developments through the closing and construction processes.

Apply online: https://www.governmentjobs.com/careers/raleighnc/jobs/4203198/multifamily-lending-coordinator

Job Details

Job Type
 Permanent
Paid Y/N
  Paid
Application Due
  10/04/2023
Start Date
  11/06/2023

Contact Information

Contact Name
Erika Brandt
Contact Email
Erika.Brandt@raleighnc.gov
Contact Phone
(919) 996-6975

The contact is a Carolina Planning alum.

Job Category:
Community Development, Housing, Real Estate
Job Sector:
Public

LEADERSHIP FELLOW PROGRAM

September 6, 2023

LEADERSHIP FELLOW PROGRAM

Firm Name
Port Authority of New York & New Jersey
Firm Location
New York, NY
Firm Website
https://www.jointheportauthority.com/jobs/13280980-2024-leadership-fellow-program

Description

The Leadership Fellow Program is a two-year rotational program at The Port Authority of New York & New Jersey open to students who are receiving a graduate degree between December 2023 and June 2024. Over the span of two years, Leadership Fellows have the opportunity to rotate through four different departments of their choice. Departments where Fellows frequently rotate include Aviation, Planning & Regional Development, Port, Sustainability, Tunnels Bridges & Terminals, Engineering, Finance, the PATH transit system, Agency airports (LaGuardia, JFK, and Newark), the Port Authority Bus Terminal, and more. While there’s no typical day for a Leadership Fellow, some examples of responsibilities include project management, community outreach, process improvement, research, assisting with facility operations, and leading other important initiatives that impact the New York and New Jersey region. The program is designed to build a strong foundation of business acumen, adaptability, and knowledge of The Port Authority as a whole. The breadth and depth of experiences within the program are critical in preparing Leadership Fellows to be future leaders within the Agency.

Leadership Fellows are full-time, permanent employees with a yearly salary and benefits. After successful completion of the program, Leadership Fellows are considered for key positions throughout the Port Authority. As of 2023, there are approximately 100 program alumni still working at the Agency.

Job Details

Job Type
 Permanent
Paid Y/N
  Paid
Application Due
  11/30/2023
Start Date
  07/09/2024

Contact Information

Contact Name
Libby Szuflita
Contact Email
eszuflita@panynj.gov

The contact is a Carolina Planning alum.

Job Category:
Economic Development, Environmental Planning, Fellowship, Real Estate, Transportation
Job Sector:
Public

Planner

September 6, 2023

Planner

Firm Name
Research Triangle Park
Firm Location
Durham, NC
Firm Website
https://www.rtp.org

Description

The Research Triangle Foundation, the 501(c)(4) nonprofit organization that serves as the steward and administrator of Research Triangle Park, is hiring a mid-level planner. This is a dynamic role that touches a full range of topics in planning, including economic development, transportation, land use, real estate development, sustainability, and housing. With RTP’s unique role and structure, this position will work closely and regularly coordinate with our local government and regional partners.

Founded in 1959, RTP is one of our nation’s oldest business parks, and, at 7,000 acres, is the largest business park in North America. Building on the success of our economic development mission for our first 60 years, we are in the midst of a wide-ranging, long-range planning process to position RTP for continued success for its next 60 years. This position will play a key role in supporting the finalization and implementation of this planning process.

Additionally, this position will be responsible for:

  • Collecting, managing, analyzing, and reporting on key economic development indicators related to RTP companies, economic activity, and economic impact
  • Collecting, managing, and organizing GIS data for Park assets, including creating and maintaining RTP maps
  • Assisting in the development and implementation of the annual budget for RTP’s special tax district
  • Scoping and managing capital projects, including greenway trail projects and transportation improvements in RTP
  • Developing, monitoring, and implementing a capital improvement plan and specific capital projects related to RTP’s three parks and recreation facilities
  • Procuring and managing consultants and contractors on the implementation of planning efforts and capital projects throughout RTP
  • Engaging with Park companies to identify and advance key strategic priorities
  • Supporting the Senior Director of Planning on long- and short-range planning efforts, including strategic initiatives internal and external to RTF

The hiring range for this position is $70,000 to $80,000, depending upon experience and qualifications. Applications will be reviewed on a rolling basis.

Job Details

Job Type
 Permanent
Paid Y/N
  Paid
Position Details: View complete job listing

Contact Information

Contact Name
Travis Crayton
Contact Email
crayton@rtp.org

The contact is a Carolina Planning alum.

Job Category:
Economic Development, GIS, Land Use, Real Estate, Transportation
Job Sector:
Non Profit

Associate Real Estate Asset Manager

August 23, 2023

Associate Real Estate Asset Manager

Firm Name
Reinvestment Partners
Firm Location
Durham, NC
Firm Website
https://reinvestmentpartners.org/

Description

Position Overview:
Assist and support the nonprofit real estate team in all aspects of portfolio and asset management, coordination and supervision of property management, fulfilling reporting requirements and monitoring individual and portfolio performance. Portfolio includes multifamily affordable housing, supportive housing, and commercial properties.
The Associate Real Estate Asset Manager is a full-time position located in Durham, North Carolina. Salary range is $60,000 – $75,000 annually and benefits include health, dental, vision, and retirement benefits.
Responsibilities and Duties:
• Review properties to gain a thorough understanding of the “deal” including financing, regulatory requirements, reporting, and owner goals.
• Work with property management to manage day-to-day operations such as maintenance and tenant relations to ensure that the potential of the property’s value is maximized. Recommend strategies for maximizing value and returns for assets and monitor to ensure performance is meeting ownership objectives.
• Provide property management for three commercial office properties, including lease updates, tenant management, and maintenance and repairs.
• Review property rent roll and leasing reports monthly for accuracy.
• Create, implement, and maintain various tracking criteria related to property operations and performance.
• Oversee compliance of properties.
• Coordinate and oversee monthly/quarterly financial review of portfolio. Prepare reports about the status of real estate assets, including occupancy rates, rental income, operating expenses, and capital requirements.
• Prepare and review annual operating budgets and asset management plans. Compare projections to original proforma and analyze variances.
• Monitor reserve balances to ensure appropriate funding and draw down requests are made accurately and timely.
• Communicate effectively with real estate team, property management, finance staff, and leasing agents.
• Visit assigned sites and participate in site audits and property inspections, as requested.
• Assist with due diligence on potential acquisition opportunities and assist with preparation of proforma income statements for underwriting purposes.
• Other special projects and job-related duties, as assigned
Qualifications
• BA in Accounting, Finance, Business Administration or Real Estate
• 2-5 years of experience working in a related position (Acquisitions, Portfolio Management, etc.) with a strong understanding and knowledge of real estate. Preference for experience with affordable and/or supportive housing.
• Strong analytical and organizational skills
• Proficiency in financial modeling using Excel
• Detail-oriented with the ability to multitask
• Excellent verbal and written communication skills.
• Proficiency with Outlook, Word, Excel
• Strong capacity to learn new software

To apply send your cover letter and resume to jobs@reinvestmentpartners.org

Reinvestment Partners is committed to providing equal employment opportunities to all persons, regardless of race, religion, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression (including transgender status), age, sexual orientation, military and veteran status, class or family status.

Job Details

Job Type
 Permanent
Paid Y/N
  Paid
Application Due
  09/16/2023
Start Date
  10/03/2023

Contact Information

Contact Name
Tanya Wolfram
Contact Email
tanya@reinvestmentpartners.org

The contact is a Carolina Planning alum.

Job Category:
Community Development, Housing, Real Estate
Job Sector:
Non Profit

Real Estate Project Manager

August 23, 2023

Real Estate Project Manager

Firm Name
Reinvestment Partners
Firm Location
Durham, NC
Firm Website
https://reinvestmentpartners.org/

Description

Reinvestment Partners is seeking a Real Estate Project Manager to join our team in Durham, NC. The primary job responsibilities will be to plan, coordinate, implement and manage all activities related to the development of affordable housing from acquisition through construction completion and permanent loan conversion.

Reinvestment Partners is a nonprofit agency based in Durham, North Carolina, with a mission to foster healthy and just communities by empowering people, improving places, and influencing policy. We address the problems of poverty and social injustice in the areas of food, housing, community development, health, and financial services. Our real estate portfolio includes affordable multifamily properties and small commercial properties.

The Real Estate Project Manager is a full-time position located in Durham, North Carolina. Salary range is $75,000 – $85,000 annually and benefits include health, dental, vision, and retirement benefits.

RESPONSIBILITIES
  • Supports the Real Estate project development group as they seek new opportunities including general construction advice, site visits, budgeting, solicitation of budget estimates from contractors, and solicitation of feasibility studies from design professionals.
  • Evaluates the feasibility of potential development opportunities; conceptualizes a development program in concert with organizational mission and goals and makes recommendations to supervisor and senior team.
  • Plans and implements review of all financial and physical due diligence needed to safeguard the organization’s investments in real estate.
  • Prepares and monitors project budgets and cash flow projections in collaboration with real estate team; Establishes and monitors time and cost schedules.
  • Researches sources of funding and prepares and submits funding applications in order to secure funding to support predevelopment, construction and permanent phases for development.
  • Represents the Organization to stakeholders and the general public. Attends and participates community and government organization meetings as needed.
  • Implements an approved selection process to recommend the hiring of development team members, contract consultants and financial partners appropriate to the subject project.
  • Strategizes and participates with supervisor in the negotiation, coordination and preparation of various development-related contracts.
  • Manages the design and construction teams including architects, general contractors, engineers, construction managers and other consultants to ensure adherence to project budget and schedule, cost containment and quality control. Resolves related problems and concerns. Conducts and arranges regular site inspections and construction draw meetings. Personally inspects active construction projects.
  • Prepares and presents progress reports to supervisor, senior team, board of directors, board committees, and others as requested.
  • Coordinates transfer process with Asset Management and Property Management staff after completion of construction and/or acquisitions of existing residential.
  • Other tasks as assigned related to real estate development, policy development, organizational budgets, planning and administration.
KNOWLEDGE, ABILITIES AND SKILLS
  • Ability to plan and manage the development of multifamily real estate projects. Knowledge of project management tools and principles.
  • Strong analytical abilities, computation, negotiation and problem-solving skills.
  • Ability to make public presentations and to work successfully with community groups, government and private lenders, and low-income tenants.
  • Knowledge of budgets and finance and cost management.
  • Familiarity with various funding sources and application processes for affordable housing development.
  • Basic knowledge of building construction. Ability to track and manage construction projects, subcontractors and project development participants.
  • Strong written and verbal communication skills.
  • Ability to work independently as well as with teams.
  • Strong computer skills in office automation and various software applications using spreadsheets, word processing, and databases including MS Office Excel, Word, PowerPoint and Project Manager and Adobe.
QUALIFICATIONS
  • Bachelor’s degree or equivalent relevant experience required. A degree in Construction Management, Engineering, Architecture or Real Estate a plus.
  • 4 years of experience in real estate construction.
  • Project management, design, and construction management experience and skills involving development projects of significant size, complexity, and of institutional quality.
  • Ability to analyze documents and manage construction budgets and cash flow related to development projects.

To apply send your cover letter and resume to jobs@reinvestmentpartners.org

Reinvestment Partners is committed to providing equal employment opportunities to all persons, regardless of race, religion, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression (including transgender status), age, sexual orientation, military and veteran status, class or family status.

Job Details

Job Type
 Permanent
Paid Y/N
  Paid
Application Due
  09/16/2023
Start Date
  10/03/2023
Position Details: View complete job listing

Contact Information

Contact Name
Tanya Wolfram
Contact Email
tanya@reinvestmentpartners.org

Job Category:
Community Development, Housing, Real Estate
Job Sector:
Non Profit

Commercial Lending Program Associate

August 23, 2023

Commercial Lending Program Associate

Firm Name
Self-Help
Firm Location
Durham, NC
Firm Website
https://recruiting.ultipro.com/SEL1003SELF/JobBoard/2c3e9120-4a22-4d21-bb22-ef2e725672ad/OpportunityDetail?opportunityId=55770584-3068-41a3-b5a9-064d80b6bc2a

Description

Position Summary:

Self-Help is seeking a Commercial Lending Program Associate- Housing to join our Commercial Lending team in Durham, NC. Under the general supervision of the Commercial Lending Sector Leader – Housing, the Program Associate – Housing will lead and/or play a significant role in all phases of the Housing Sector program management. The Program Associate – Housing will carry out this role by performing a wide variety of project management tasks as needed by the team, such as overseeing affordable housing loan funds and grants management and compliance, managing internal and external partnerships, conducting key market research, facilitating internal training, and presenting to external audiences. This position will play a lead role on some projects and a supporting role on others and will be a key member of the Housing Sector team within Commercial Lending.

WHAT You’ll Do:
  • Working independently and closely with the Housing Sector Leader, Program Associate will implement strategic projects and tasks designed to support and promote the preservation and creation of affordable and workforce housing.
  • Develop outreach presentations and marketing materials to promote Self-Help’s housing lending programs; represent Self-Help at local and national affordable housing convenings.
  • Represent Self-Help in meetings with key stakeholders such as local elected officials and government staff, policymakers, and strategic partners to promote Self-Help’s loan products for affordable housing.
  • Independently and in collaboration with Development, Policy & Impact Team, maintain lending data for Self-Help’s conventional and subsidized housing lending programs, providing both internal and external reporting.
  • Assist in the preparation of proposals to support Self-Help’s housing efforts to include affordable housing loan funds, products to support innovative affordable housing solutions, and enhancements to more equitably serve minority and women-led borrowers. Monitor program and funder requirements to ensure goals are met.
  • Execute periodic internal training sessions on the Housing Sector for the Commercial Lending team and other Self-Help staff, including local Credit Union leadership.
  • Evaluate national trends and best practices to inform Self-Help’s engagement in NC, SC, FL, CA, WA, Chicago, and Atlanta metros and other geographies; promote innovation in lending products.
  • Serve as a key point of contact for potential borrowers throughout the loan screening process.
  • In collaboration with the Sector Leader, provide prompt responses to prospective borrowers, coordinate with loan teams, and provide referrals to other providers as appropriate.
  • Conduct initial vetting of prospective borrowers through an initial analysis of capital sources, project and borrower financial capacity, project delivery and management expertise, collateral strength, and market conditions.
  • Collaborate with Sector Leader or other lending staff to create letters of interest and term sheets for prospective borrowers and facilitate negotiation of terms.
  • Support Commercial Loan officers with market data, product terms, and credit considerations throughout housing loan transactions.
  • Collaborate with the Marketing & Communications Team to maintain and develop the Housing sections of Self-Help’s website to include fund, geographic, and product-specific pages.
  • Engage with internal and external racial equity efforts, such as Self-Help’s Racial Wealth Gap Initiative, to inform housing lending products and practices.
  • Perform other duties as necessary.
WHAT You’ll Need:
  • Bachelor’s degree in related field OR equivalent related experience plus 3 years relevant experience.
  • Strong commitment to our mission – creating economic opportunity for traditionally underserved communities.
  • Preference for working in organizations that place priority on teamwork and collaboration
  • Strong quantitative aptitude including the ability to develop skills to complete the following: o Analyze financial statements and operating projections o Evaluate borrower, project, and market conditions to make sound borrower and programmatic recommendations based on risk assessment.
  • Demonstrated ability to communicate effectively, both verbally and in writing, in-person and virtually.
  • Ability to form and maintain strong relationships with both internal and external partners.
  • Ability to effectively present information and respond to questions from groups and/or individuals.
  • Ability to effectively initiate, organize and prioritize efforts and work independently to meet goals and objectives.
  • Highly resourceful self-starter with excellent interpersonal skills and good judgment.
  • Strong technical aptitude to learn new systems; proficiency in Excel, Word, and PowerPoint (or similar presentation software)
  • Ability and willingness to travel ~15% of the time and work beyond normal work hours.
  • Ability to demonstrate Self-Help’s Core Values: o Mission Before Self o Service with Excellence o Embracing & Promoting Change o Results Not Credit o Diversity as a Strength o Financial Sustainability for Mission Impact
Compensation:

Competitive nonprofit compensation, based on experience, plus a generous benefits package.

Application:

Visit our Careers Page to apply for this position. This position will remain posted until filled.

About Us:

Self-Help Credit Union was chartered in 1983 to build a network of branches that partner with working families and communities often underserved by the financial marketplace. With over $1.64 billion in assets and serving more than 91,000 members in 37 branches – eight in Florida, 22 in North Carolina, six in South Carolina, and one in Virginia – Self-Help Credit Union is one of the fastest-growing community development financial institutions in the country. It is part of the Self-Help family of non-profit organizations whose collective mission is to create and protect ownership and economic opportunity for all. For over 40 years, the National Center for Community Self-Help and its affiliates have provided more than $10.5 billion in financing to help more than 150,000 borrowers buy homes, start and grow businesses, and strengthen community resources. For more information, please visit www.self-help.org.

Self-Help is committed to providing equal employment opportunities to all persons, regardless of race, religion, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression (including transgender status), age, sexual orientation, military and veteran status, class or family status.

Job Details

Job Type
 Permanent
Paid Y/N
  Paid
Application Due
  Ongoing

Contact Information

Contact Name
John “JJ” Froehlich
Contact Email
john.froehlich@self-help.org

Job Category:
Housing, Other, Real Estate
Job Sector:
Private