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Acquisitions and Development Associate (Affordable Housing)

Henderson Scott US
New York, NY Full Time
POSTED ON 1/22/2025
AVAILABLE BEFORE 4/16/2025

About the Job

A growing real estate development and construction management company is seeking a Acquisitions and Development Associaet (Affordable Housing) to support existing and prospective development projects. This organization specializes in the new construction and rehabilitation of affordable mixed-use residential developments and has a proven track record of successfully completing projects.

Responsibilities :

  • Oversee the implementation and administration of real estate development projects, reporting directly to senior leadership.
  • Prepare financial underwriting and execute all tasks required to secure acquisition, construction, and permanent financing for new and existing developments.
  • Provide project management during construction, including preparing requisitions, tracking expenditures, and maintaining job meeting minutes and correspondence.
  • Coordinate all aspects of the project lifecycle, ensuring timely and budget-conscious completion.
  • Develop and manage project time lines, budgets, relocation plans, and marketing strategies.
  • Coordinate transactions with banks, governmental agencies, attorneys, title companies, architects, and contractors.
  • Facilitate the identification of new development opportunities and manage related predevelopment efforts.
  • Prepare and submit RFPs, RFQs, and other subsidy applications.
  • Oversee major capital improvements and implement sustainable real estate practices, such as energy efficiency and water conservation initiatives.
  • Support compliance with relevant city agencies, local laws, and regulations.
  • Secure capital grants, rental assistance, and property tax exemptions for the organization's portfolio.
  • Facilitate the transition of projects from development to property management after construction is completed.
  • Collaborate with cross-functional teams, including construction, accounting, and property management.

Qualifications :

  • Bachelor's degree with at least five years of housing development experience, or equivalent education (e.g., Master's in Urban Planning, Real Estate, Public Administration).
  • Strong financial underwriting and project management skills.
  • Exceptional organizational and problem-solving abilities.
  • Excellent verbal and written communication skills.
  • Proficiency in Microsoft Excel, Word, and PowerPoint.
  • Familiarity with government-funded programs is a plus.
  • Self-motivated and capable of working independently.
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