What are the responsibilities and job description for the Development Associate position at PathStone Corporation?
Development Associate
Summary Purpose for the Position:
To provide assistance to developers in all aspects of developing affordable housing projects, from financing and permit applications through construction and closings. The position will work directly with developers to provide support and assistance with funding applications, site plan and other required approval, project management and project closeout.
Requirements (Education, Experience, Certification, Knowledge, Skill):
B.A. degree or paralegal training and experience in one or a combination of the following fields: housing and community development, rural community and economic development, non-profit housing and community development, management and administration, accounting, housing, real estate, finance or title work.
Position requires a minimum of 5 years administrative experience and/or commercial paralegal work with demonstrated knowledge of real estate transactions.
Financial analysis and computer competencies are required.
Position Responsibilities:
Monitors budgets during pre-development and development phases.
Develops procedures to achieve objectives of the real estate development program on a multi-county level.
Conducts formal training with prepared materials directed toward other staff, participants, board members, and external groups.
Prepare and obtain documents required during planning and construction, including financing and permit applications, as well as for project closings. This may include obtaining survey, title, appraisals, State Historic Preservation Office review, and cost certification.
Create and maintain checklists and project timetables.
Meet development reporting requirements and prepare drawdowns along with construction draws.
Prepare elements of application documents.
Organize meetings and conference calls.
Prepare minutes of client meetings.
Maintain professional communication with clients and assist developers in responses as needed.
Organize and maintain central file system for all development projects.
Responsible for serving as a liaison with financial institutions and funding agencies related to housing programs as determined appropriate.
Research of various items from past projects for finance, auditors, and property management.
Assists Deputy of Housing Administration in maintaining Projects in the Pipeline and Completed Projects lists.
Maintain corporate entities.
Responsible for online registrations that impact funding applications, including Grants Gateway, System for Award Management (SAM), Dunn& Bradstreet.
Maintain developer fee spreadsheet.
Community Development Online management.
Maintain forms, documents and other necessary items for compliance.
Working Conditions/Environment:
Requires flexible work hours, including regular overnight and out-of-state travel.
There is minimal risk of exposure to hazardous building materials or disease agents.
Transportation Requirement:
Position requires automobile, driver’s license and insurance.
Last Updated: 4/28/17
Replaces: E6DREPSApproved: by Sr. VP HR, 5/3/2017
