Description

Compensation: $68,000-$75,000 

Benefits: Medical, dental and vision insurance is free for employee only coverage!!

Location: Seattle, WA

Company Summary:

Everyone has the right to a quality, affordable home. At Community Roots Housing, this truth drives our work. By embracing community-led development and engaging in deep-rooted partnerships, we’re fostering vibrant, equitable communities where everyone has access to safe, affordable and welcoming homes. Today, nearly 50 apartment buildings – over 2,000 residents -- we continue our commitment to build community with and for people. We are a top performing, high-capacity not-for-profit corporation with an innovative portfolio throughout the Seattle area. Our buildings have won numerous awards from HUD, Urban Land Institute, Affordable Housing Finance Magazine, Future wise and other community development awards.

We are intentional in our hiring processes, seeing it as a chance to interrupt the cycle of racial and economic injustice that limits communities from accessing employment, building skills and investing in their own leadership development. We prioritize applicants who have firsthand experience in navigating the many systems that our residents face which impede their opportunities for success, as majority low-income, LGBTQ, and people of color.

Job Summary:

Community Roots Housing is looking for a Housing Development Associate to join the property development team to support the advancement of multiple development projects from concept to permanent finance conversion. The position involves working on discrete tasks and includes activities related to site identification, due diligence, acquisition, pre-development, community engagement, scheduling, selection and coordination of project teams, design, financing from public and private sources, construction administration, and close-out. The successful candidate is expected to work as part of a team under the direction of the Development Manager and to lead on specific elements of their projects.

Duties and Responsibilities:

Provides Support for Feasibility Analysis

•  Assembles information required for project concept development;
•  Provides research and support to developers for project budgets;
•  Provides research and due diligence on funding sources and site acquisition.

Supports Project and Construction Management

•  Involved in acquisition of properties from purchase agreement to closing and escrow;
•  Participates in the selection of project team members and consultants;
•  Supports developers and project team in the design, entitlement, and permitting process;
•  Involved in contractor selection and bidding process; manage pre-construction and construction administration;
•  Maintains accurate and functional project files for all project documents;
•  Participates in construction meetings to help ensure flow of communication throughout construction process.

Supports All Aspects of Funding Source Development

•  Prepares clear and effective drafts of private and public funding applications.
•  Helps to identify financing sources for each development project;
•  Assists senior developers with loans, investor equity documents, contracts and other documents; manage the construction loan closing process
• Leads on the draw process for the draw down of construction financing
• Leads on property tax abatement applications
• Leads on community engagement planning, execution, and documentation to support financing requirements

Facilitates Project Close-out

•  Completes appropriate reports to all funders as directed by developers;
•  Facilitates completion of necessary cost certifications with accountant;
•  Completes archiving of digital and hard copy project files;
•  Assists with project transition to property management.

Supports External and Internal Development

•  Supports team activities to improve CHH’s performance and environment;
•  Understands and supports the mission, goals, and values of CHH;
•  Shows willingness to take on additional projects and tasks;
•  Demonstrates a commitment to development within a “community context”.

Requirements

Minimum Qualifications:

• BA degree in finance, public administration, planning, engineering, architecture, real estate, or related field (related work experience may be substituted);
• Desire to learn and grow in affordable and workforce/middle income housing development work;
• Strong financial acumen and ability to manage multiple tasks simultaneously;
• Demonstrated ability working in a team and collaborative environment;
• Proficient in MS Word and Excel;
• Excellent oral and written communication skills;
• Experience working in diverse groups;
• Commitment and conviction to serving the mission and goals of the organization.

Preferred Qualifications:

• Experience in affordable housing and/or real estate development;
• Master’s degree;
• Familiarity with/connection to Seattle neighborhoods.

Supervisory Responsibility:

None

Disclaimer: Community Roots Housing is an Equal Opportunity Employer. Candidates of color, LGBTQ candidates, women, candidates with disabilities and candidates of all religions and national origins are strongly encouraged to apply. Community Roots Housing is a “Ban the Box” employer. However, per Federal Department of Housing and Urban Development requirements, any candidate selected for this position must undergo a criminal history background check prior to employment.