Business Development Analyst

Explore a career at EAH Housing.

Start or continue a career in real estate development and management with EAH Housing. We are looking for talented and skilled professionals as we expand our property portfolio throughout California and Hawai`i. As a mission-based nonprofit organization and industry leader for more than 50 years, we live up to our values, and work to create opportunities to empower people to live better lives. Join us and make a difference today.

What we offer

We offer a comprehensive benefits package that includes medical, dental, vision, disability and life insurance, as well as a 403(b) retirement plan with a 5% match. We also offer generous vacation accrual, holiday schedule, and work schedule flexibility.

We believe in work / life balance.

15 days of vacation per year (which increases based on years of service)

10 paid sick days per year

13 paid holidays

We take care of our employees.

Competitive Salaries

403b Retirement Plan with 5% company match

Employee Wellness Program

Comprehensive Medical Insurance Plans

Affordable Dental & Vision Insurance

Flexible Spending Account

EAP – Mental Health, Financial and Legal Services

1,500 Employee Referral Program

EAH Academy, an in-house training program

Position is for a full-time Business Development Analyst to work at the EAH Corporate Offices in San Rafael, CA. Qualified Candidates will have a Bachelor’s degree in Real Estate, Finance, Civil Engineering, Business, or related field. Must have 2 years in an affordable housing environment including analyzing proposed acquisitions. Master’s degree and / or working at a non-profit affordable housing corporation is desired. Salary range : $68,000 - $103,000 per year; hiring range for new employees is generally $68,000 - $85,500 per year, DOE. Please note an offer will take into consideration the experience of the final candidate and the current salary level of individuals working at EAH in a similar role.

COMPANY OVERVIEW

Established in 1968, EAH Housing is one of the largest and most respected nonprofit housing development and management organizations in the western United States. EAH develops low-income multifamily housing, manages more than 222 properties throughout in California and Hawai’i, and plays a leadership role in local, regional, and national housing advocacy efforts.

EAH Housing puts its core values into action every day as our staff of 700 people serves 25,000 residents in 87 municipalities. We offer competitive wages, comprehensive benefits, professional development, and invest in our employees through extensive training programs. Please visit our www.eahhousing.org to learn more about us, our culture, and how we strive to maintain excellence in everything we do.

For immediate consideration, please apply to requisition DEVEL003800 on our website at www.eahhousing.org / careers

POSITION OVERVIEW

Responsible for assisting with acquisition activities, including the evaluation of potential projects, marketing EAH, and responding to solicitations for proposals consistent with the company’s mission and strategic plan. Responsible for analyzing development opportunities and sources of funding and reviewing / underwriting new opportunities to be considered by the executive management team. Additional responsibilities may include assisting with initial project management including working on and submitting applications for financing and city approvals and attending public meetings.

RESPONSIBILITIES

• Drive and research sites in EAH’s opportunity cities and counties.
• Research ownership and title information on high prospect sites and cultivate relationships with property owners.
• Assists Director of Development with all basic due diligence work on potential sites deemed generally viable for development purposes. Due diligence review includes reviewing preliminary title reports, evaluating infrastructure review with local public works and building officials, estimating market values through comparable sales analysis prior to appraisal, and assessing ability to obtain entitlements for contemplated projects in the context of local general plan and zoning designations.
• Creates and analyzes preliminary financial projections for potential transactions; Compiles comprehensive deal analysis packages and assesses risk associated with any acquisition for review by supervisor and Executive Team.
• Identifies, evaluates and monitors new and existing funding sources and remains up to date on the status of those sources of funding.
• Analyzes funding competition and scoring of competitive applicants in connection with various sources.
• Coordinates with project development staff on basic financial terms and conditions viable for purchase and sale agreements that are specific to the community and related subsidy environment for affordable housing developments.
• Ensures that local approvals and neighborhood acceptance of proposed housing development projects occur, including submitting use applications, and attendance at hearings and neighborhood meetings. Assists Director of Development in obtaining public approvals.
• Ensures efficient transition of purchased assets to Real Estate Development group.
• Meets with Real Estate Development Department on regular basis to coordinate all acquisition activities.
• Maintains positive working relationships with lenders and grant sources.
• Work with other organizations within the housing development, healthcare, and religious communities to create opportunities and support for low-income housing development.
• Assist in identifying and evaluating new financial and development partners.
• Assists in creating presentations for internal and external audiences.
• Maintains Development paper and electronic filing system.
• Tracks and maintains contracts and reviews invoices for processing payments.
• Updates budgets and predevelopment cashflows.
• Creates deal memos for active projects and prepares analyses of unsuccessful projects.
• Represent EAH at targeted industry conferences and seminars.
• Actively participates in EAH’s Injury and Illness Prevention Plan.
• Regular and predictable attendance.
• Other duties as assigned.

QUALIFICATIONS

Bachelor’s degree in Real Estate, Finance, Civil Engineering; Business, or related field. At least one year working in an organization staffed with various roles and functions.

DESIRABLE ADDITIONAL QUALIFICATIONS

Master’s Degree in Business, Finance, Real Estate, or other related field preferred. Experience working at a non-profit affordable housing corporation desirable.

WORKING CONDITIONS

Physical Requirements

Work Environment

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

CRIMINAL BACKGROUND CHECK REQUIREMENTS

EAH Housing conducts criminal background checks on all candidates who have received a conditional job offer. Once you have received such an offer, you will be required to submit and pass our criminal background requirements. EAH also verifies education and employment history. Any verified discrepancy (resume or online application) may delay your background check results and / or affect your eligibility to work at EAH. Please be advised that certain roles may also require fingerprinting due to legal requirements. If onsite housing is a requirement of the position, any household members over 18 years of age who will be living onsite with the candidate must also undergo a criminal background check and tenant screening. Satisfactory completion of background check and fingerprinting requirements is a requirement of employment with EAH.

DRUG TESTING

EAH Housing requires all candidates who have received a conditional job offer to submit to drug testing within 72 hours from acceptance of our job offer. EAH Housing does not test for marijuana / cannabis. Satisfactory completion of drug testing is a requirement of employment with EAH.

EAH Housing is an AA / EEO / Veterans / Disabled Employer. CA BRE #00853495 | HI RB-16985

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Salary : $68,000 - $85,500