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Affordable Housing Analyst

Salary
Competitive
Employment
Full Time
Work Place
Office
Real Estate Field
  • Finance / Investment
Location
New York
 NY
Postal Code
10019
Country
United States

This job is no longer active.

Description


Heritage Affordable Communities is a real estate investment firm that specializes in acquiring and developing affordable housing properties. The firm recently began to expand its operation nationwide. The firm strategically works with city, state & federal authorities in preserving affordability and utilizing municipal financing through low-income housing tax credits and tax-exempt bonds for their affordable housing projects. Heritage Affordable Communities’ main mission is to solve the affordable housing gap by acquiring and developing quality affordable housing across the country.

 

Responsibilities:

  • Support the head of the group in all aspects of affordable housing acquisition, rehabilitation, and development (Section 8, LIHTC, etc.) in core markets across the US
  • Expected to make substantial contributions to analysis that will inform the firm’s investment decisions
  • Compilation of due diligence information including financial, market, site, and regulatory data
  • Analyzing and comparing complex partnership agreements and cash flow waterfalls
  • Manage project proformas including budgets, schedule, timing, and underwriting assumptions
  • Completion of applications and documentation necessary for debt and equity financing, property purchase and sale, and government subsidy renewal
  • Involvement in contract negotiation and review of legal documentation for each project
  • Validation and defense of budgets, assumptions, and proforma analysis
  • Build, coordinate and lead internal team members and external consultants through conceptual design and entitlements leading to construction documents
  • Perform, coordinate and/or lead pre-development work such as preliminary architectural and engineering issues, zoning issues, local government, and community support

 

Work Requirements and Qualifications:

 

  • Bachelor’s degree required, advanced degree preferred
  • Minimum of 1-3 years of relevant experience in the affordable housing field
  • LIHTC and Section 8 experience preferred

Job Function


  • Financial Analysis
 

Job Sector


  • Residential
 

Experience


1+ to 2 years


This job is no longer active.