Job Description

Job Description

Job Description

Description:

Job Title: Real Estate Development Associate

Location: SeaTac, WA

Department: Real Estate Development

Reports To: David Lieberman, Real Estate Development Manager

Salary Range: $70,000 - $80,000

FLSA Status: Non-Exempt

About the Organization:

African Community Housing & Development (ACHD) is a culturally rooted, community-founded organization led by visionary Black women and a community Board of Directors. ACHD works towards an informed African Diaspora immigrant and refugee community engaged in the holistic development of families, communities, and the environment. ACHD focuses on equitable and culturally relevant health, legal, and educational services; housing stability and economic growth; and land-use, real estate, and property development. ACHD staff speak 13 languages, and over 80% identify as Black or People of Color.

Job Summary:

ACHD is excited to hire a Real Estate Development Associate to assist with the organization’s work in real estate, specifically for housing and economic development purposes. Ideal candidates will have diverse experience in real estate development, ideally including affordable housing and mixed-use development. A key component of their skillset will be financial analysis and proficiency with proformas. Experience with grant writing and public funding is a plus. They will exhibit a strong sense of professionalism, organization, and collaboration. We seek demonstrated effectiveness in financial analysis and understanding of the entire development process, from Land Acquisition to Occupancy. Ideal candidates will be voracious learners and well-rounded initiative-takers who can be effective, kind, and flexible in a multicultural environment.

Duties & Responsibilities:

The Associate will be responsible for:

1) under the supervision of the Real Estate Development Manager, aid in the day-to-day performance of ACHD's real estate development tasks, including but not limited to generating proforma analysis, generating development schedules, managing architects and other consultants, navigating permitting and other federal, state and AHJ required bureaucratic processes necessary for developing affordable housing.

2) applying for funding and administering funds awarded in connection with ACHD's housing and mixed-use development projects, fulfilling reporting requirements for public funders

3) tracking and reporting to the Development Manager on the multiple ACHD development projects in all areas, including but not limited to budgets and schedules

4) aiding in the feasibility assessment of new homeownership/real estate development opportunities by ACHD

Responsibilities:

· Work on applications/materials to secure public and private financing for affordable housing development projects

· Create and maintain project proformas and present internal and external reports to the development manager

· Help manage multi-disciplinary project teams comprised of attorneys, lenders, local and state agencies, architects, engineers, general contractors, and consultants to drive the planned development process through project feasibility, schematic and design development phases.

· Attend regular project team meetings as needed to ensure project progress, maintain meeting minutes, and ensure team members' accountability.

· Aid on multiple projects, deliverables, milestones, schedules, and budgets simultaneously

· Ensure projects are being executed by funding awards contract documents.

· Embrace change and adopt a "can do" mentality when performing tasks; be solutions-oriented

· Demonstrate leadership and communication skills with ability and willingness to face challenges, direct others, and effectively address conflict

Benefits Package:

African Community Housing & Development offers a comprehensive benefits package including medical, dental, life, and long-term disability insurance, Employee Assistance Program (EAP), 401(k) retirement plan, 11 paid holidays, up to 10 sick days, and 15 vacation days.

Direct Reports:

This position has no supervisory responsibilities.

African Community Housing Development provides equal employment opportunities to all applicants and employees and strictly prohibits any type of harassment or discrimination regarding race, religion, age, color, sex, disability status, national origin, genetics, sexual orientation, protected veteran status, gender expression, gender identity, or any other characteristic protected under federal, state, and/or local laws.

ACHD is committed to diversity in the workplace and promotes equal employment opportunities for all staff members and applicants. The Agency will not discriminate against any employee or applicant for employment based on race, creed, color, sex, sexual orientation, age, national origin, marital status, or the presence of any sensory, mental, or physical disability in any employment practice, unless based on a bona fide occupational qualification. Women and minorities are encouraged to apply.

Required Qualifications:

• Proficiency in financial modeling, often using Excel, is essential to analyze project feasibility and performance
• 3+ years of relevant experience
• Fluency in English
• Excellent interpersonal, written, and verbal communication skills
• Accurate, detail-oriented, dependable, and punctual
• Effective organizational, prioritization, and time management skills
• Strong organizational, project management, and critical thinking skills with excellent multi-tasking abilities
• Experience working respectfully with diverse communities, including non-English speakers
• Background check and verification of COVID vaccination will be required

Preferred Qualifications:

• Bachelor’s degree in real estate, urban planning, architecture, construction management, business, finance, or related field

• Familiarity with the King County real estate and community development environment

• Fluency in African language

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