Who: Illinois Housing Development Authority
What: The position will participate as a key member of the Strategic Planning and Reporting team that informs the Authority’s various production areas with thorough and nuanced market analysis. Activities include identifying, analyzing, and testing viable market indicators; preparing and/or reviewing site and market studies; producing statistical analyses of the various production programs; and identifying enhanced methodologies for measuring and reporting on the Authority’s activities. Must have excellent written and oral communication skills, as well as good analytical capabilities. Valid driver’s license and travel are required.
Responsibilities:
- Independently perform market analysis for the Authority, including rent studies, site and market studies, rent comparability tests, Preliminary Project Assessments (PPA’s) and LIHTC market reviews.
- Provide extensive market analysis on a variety of housing markets throughout the state, examining the impact on these markets of existing and potential Authority-funded developments.
- Conduct in-depth research and in-the-field information gathering to identify market conditions that impact the affordability of housing programs in a variety of geographic areas. Expand the Authority’s methodologies / mechanisms for measuring market viability.
- Formulate marketing plans and strategies for developments experiencing occupancy problems. Interacts directly with developers, local planning staff, other agencies, and other interested parties to discuss and review market potential.
- Actively advises the market review aspects of the Qualified Allocation Plan and the PPA procedures with the goal of improving the effectiveness and transparency of the Site and Market Review portion of the LIHTC process.
- Utilizes available data available from Authority resources (SPAR database, AMS databases, Multifamily Finance, and Single Family / Homeownership) to produce statistical reports and analyses, both routine and ad hoc, for use by Strategic Planning and Research, the Executive Office and other IHDA departments.
- Collects and updates data within the SPAR database. This includes, but is not limited to, helping identify short-sighted areas and blind-spots, expanding variables tracked within the database, and performing audits of current tracking methodologies.
Qualifications:
Requires college degree with four years of experience in a similar field; an advanced degree in planning or real estate appraisal/marketing is strongly preferred and may be substituted for two years’ experience. Must have good communication skills and be able to adapt readily to various types of assignments. Will be required to utilize a variety of database software (Access, SQL Server) and additional programs (IMPLAN, PolicyMap, ArcGIS), ability to learn and utilize these programs is a must, as is proficiency in Microsoft Excel, Word, PowerPoint, etc.
Details to apply here: https://df7qosnywqs6g.cloudfront.net/wp-content/uploads/2021/05/SPAR-Market-Coordinator-May-2021.pdf