Development Analyst at CINCINNATI METROPOLITAN HOUSING AUTHORITY

Posted in Information Technology 18 days ago.

Type: Full-Time
Location: Cincinnati, Ohio





Job Description:

SCOPE: This position is support for the Development department and will report directly to the Development Director. During the development-period project life of affordable and Low Income Housing Tax Credit (LIHTC) transactions from the time a property is under contract and/or Letter of Intent, through the time when all development funds have been disbursed.

ESSENTIAL DUTIES AND RESPONSIBILITIES:
The below statements are intended to describe the general nature and scope of work being performed by this position. This is not a complete listing of all responsibilities, duties and/or skills required.
Under the supervision of the Development Director:
Underwrite multi-family real estate investment opportunities;
Correspond with owners and brokers to gather due diligence;
Coordinate market research;
Analyze LIHTC and other affordable housing programs to determine project feasibility;
Assist with coordination of project management goals of multiple affordable housing transactions, including the
acquisition, development, refinancing, and/or rehabilitation of affordable housing projects, including through the use of LIHTC;
Assist with working with lenders, including but not limited to FHA, to secure debt for new construction and refinancing;
Assist with working with project team on various tasks needed to complete affordable housing funding applications;
Assist with ongoing financial modeling of the development;
Support and may oversee progress of seller, buyer and lender due diligence checklists;
Provide research and analytical assistance;
Track project status, coordinates meetings, track deliverables both internally and externally;
Order and critically review third party reports for development projects;
May assist with coordinating and assembling funding draw requests during construction for review by the
Development Director, ensuring adherence to approved project budget; obtain funding approval of financial partners; oversee facilitation of funds once released to ensure timely payment/reimbursement of project costs; track interest payment deadlines during construction;
Communicate with internal clients and external vendors; and
Perform additional duties as assigned.





More jobs in Cincinnati, Ohio


Kroger

Kroger Manufacturing

Equator Design, Inc.
More jobs in Information Technology


Medline Industries, Inc.

Medline Industries, Inc.

Medline Industries, Inc.