Job Description
Job Type
Full-time
Description
THE ANNEX GROUP'S MISSION STATEMENT: To create a positive impact with the people who live, work, and are involved in our communities.
FLSA CLASSIFICATION: Full Time, Exempt
REPORTS TO: VP of Development
POSITION OVERVIEW: Support VP of Development in sourcing new development opportunities including tax credit, workforce, and public/private partnership multifamily developments. Review new opportunities, evaluate site and financial feasibility, assist with tax credit application process, compile necessary documentation and narratives, assist with 3rd party reports, and provide project leadership amongst various TAG departments. Once receiving necessary state and local approvals, support the successful handoff of the project to the development operations, preconstruction, and construction teams.
ESSENTIAL DUTIES: •Evaluate and underwrite new development opportunities, assessing financial feasibility and site constraints, while ensuring compliance with State QAPs and local codes.
•Research state agency QAPs and tax credit applications.
•Oversee project due diligence and manage third-party reports needed for tax credit applications, including site assessments, environmental studies, zoning determinations, utility checks, market studies, appraisals, surveys, and geotechnical reports.
•Collaborate with local, state, and federal agencies to ensure projects meet all relevant standards.
•Review and underwrite project financing, ensuring alignment with commitments and evaluating financial impacts.
•Assist in the application process to ensure projects meet the budget, schedule, and guidelines set by the Development Director and VP of Development.
•Monitor deadlines and approvals, addressing any issues during the application process.
•Support the selection of third-party consultants and help execute development contracts.
•Conduct research and collaborate with consultants and internal teams.
•Help coordinate design commitments with financial partners, municipalities, neighborhoods, and design guidelines.
•Assist in producing site plans, renderings, reports, project commitments, and final submissions.
•Ensure tax credit application approvals by confirming all documentation is submitted and transferring post-award tasks to the Development team for follow-through.
•Track project tasks using project management software.
•Provide weekly project updates to the VP of Development and participate in team updates and discussions.
•Attending conferences to network with industry peers.
Requirements
QUALIFICATION REQUIREMENTS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
•Bachelor's degree required - preference for a focus in Finance, Real Estate, Urban Planning, Engineering, Construction, Architecture, or a related field
•Experience in real estate with a focus in LIHTC development preferred.
•Must have exceptional attention to detail.
•Strong organizational and time management skills, and ability to prioritize.
•Must be a self-starter and driven.
•Excellent communication and interpersonal skills
•Strong problem-solving skills and analytical abilities
•Must be proficient with Microsoft Office and Google products.
•Experience in the creation of proformas with Microsoft Excel.
•Ability to effectively communicate (oral and written) with both internal and external customers.
•Excellent relationship-building and organizational skills.
•Ability to work with minimal supervision.
•Conflict and relationship management skills
•Ability to work on multiple projects simultaneously with frequent interruptions.
•Strong work ethic and a positive attitude
•Self-motivated, adaptable, and dependable, with a focus on customer service
•Professional appearance and demeanor
•Travel up to 20%.
PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
•Frequent walking, standing, and sitting within the work area.
•Driving to/from locations for business-related purposes.
•Frequent walking throughout the community.
WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
•The work environment is that of a fast-paced office with minimal to high noise levels
•This position requires working independently as well as part of a team
•This position requires verbal and face-to-face contact with others daily.
•Frequent use of a computer is necessary.
•This position requires the use of all general office equipment.
•The position requires client information be maintained appropriately confidential
•At times while on site this position will be exposed to routine job site hazards and thus appropriate safety precautions will need to be adhered to in strict accordance with OSHA
Salary Description
$70,000 to $80,000 annually The Annex Management Group LLC
Job Tags
Full time, Local area,