Company Overview: SomerCor 504, Inc. is a development company certified by the U.S. Small Business Administration to originate SBA 504 loans in the State of Illinois. SomerCor 504, Inc. is the administrator of the City of Chicago’s Small Business Improvement Fund. Recently, SomerCor 504, Inc. became a capital partner to Goldman Sachs in their 10,000 Small Business Initiative. For more information, visit: http://somercor.com/.
SBIF Overview: The SBIF is a City of Chicago Tax Increment Finance (TIF) funded grant program available to commercial and industrial small business owners and landlords in many of the City’s TIF districts for building rehabilitation and renovation projects. Grant funds are disbursed in rebate fashion as a qualified percentage of eligible project costs. SomerCor 504, Inc. works with staff from the City’s Department of Planning and Development to administer the SBIF program.
Job Duties: The Project Coordinator (PC) will be in charge of organizing SBIF application intake and organization. The PC will work alongside the Assistant Directors and Director in coordinating the application process for many SBIF projects. This requires frequent written (e-mail and formal letters) and oral communication (phone calls and in-person) to SBIF applicants, detailed document review and organization, project site inspections, and database utilization and maintenance. Additional duties will include data reporting on a regular and as needed basis, website maintenance, and communication and outreach efforts. The PC will report to the SBIF Director.
Candidate Qualifications: The ideal candidate will be detail oriented, proficient in Microsoft Office (Word, Excel, PowerPoint), possess strong written and verbal communication skills (Spanish language competency is a plus but not required), and have some knowledge of and demonstrated interest in the community/economic development field within the City of Chicago. Experience with or knowledge of the City of Chicago public sector (government, not-for-profit) is a plus. General knowledge of the construction trades is a plus. A Bachelor’s or Master’s Degree in the fields of Urban Planning, Economics, Public Policy, Political Science, or Business Administration is preferred.
Desired Start Date: February 2015
Compensation: Competitive salary, health and dental insurance, and 401(K) retirement plan.
How to Apply: Please send resume and a cover letter to jakestern@somercor.com by Monday, January 19th.
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Follow our job postings below and our national job tweets at @CUPPACareers. For student internships and student opportunities, head to the CUPPA Student Opportunities Blog
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In the heart of Chicago, we offer degrees in fields of study that can change your life and change the world. CUPPA students and alumni are uniquely skilled to build and transform sustainable urban neighborhoods and communities and to address the challenges presented in the 21st century. Find our more about our Bachelors, Masters, and Doctorate degrees at cuppa.uic.edu.
Follow our job postings below and our national job tweets at @CUPPACareers. For student internships and student opportunities, head to the CUPPA Student Opportunities Blog
Have a job or internship to post? Send an email with the title, location, job description, and contact information to cuppa@uic.edu