Job Description:
POSITION TITLE: SENIOR PROJECT LEADER
DIVISION: Acquisitions and Development
POSITION PURPOSE:
The Senior Project Leader - Acquisitions will be accountable for the success of each affordable housing project including deal sourcing in targeted markets, preliminary deal evaluation, negotiation of purchases and related documents, procurement of financing, management of third-party consultants, and coordination of internal resources to facilitate a successful closing. In addition, the position will provide guidance and review work of Project Leaders and Analysts.
ESSENTIAL FUNCTIONS AND BASIC DUTIES
1. Identify potential acquisitions of affordable senior and family multifamily properties
2. Develop relationships with affordable housing owners, government agencies, brokers, and for-profit developers
3. Prepare and/or coordinate the preparation of preliminary analysis for potential acquisitions
4. Negotiate Purchase & Sale Agreements
5. Represent NCR with various jurisdictional staff (city, county, state, etc.)
6. Coordinate tax credit and bond application submittals, additional subsidy requests, and lender applications
7. Review construction/rehab plans with Construction Management
8. Visit financing agencies to maintain relationships
9. Participate in strategic planning efforts for Development Department
10. Provides guidance and review work of Project Leaders and Analysts
PERFORMANCE MEASUREMENTS
QUALIFICATIONS
EDUCATION/CERTIFICATION: Bachelor's degree required. Advanced degree preferred.
EXPERIENCE REQUIRED: Minimum, 7 years of relevant multifamily, affordable housing, real estate experience.
SKILLS/ABILITIES: Extensive understanding of affordable housing fundamentals, market dynamics, and economic and demographic drivers. Direct experience with tax credits, FHA mortgage programs, tax-exempt bonds, Section 8, and other sources of affordable housing financing.
PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION
Vision: Normal: Consistent with standard workflow.
MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION
• Excellent written and verbal communication skills
• Demonstrated analytical skills, including an understanding of financial models
• Collaborative skills, working with diverse internal and external entities to accomplish project goals
• Demonstrated ability for multi-tasking and meeting simultaneous deadlines
• Negotiation skills
• Ability to travel on a regular basis
WORKING CONDITIONS:
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, ancestry, military status, disability, genetic information and/or any other characteristics protected by applicable law.
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