Job Type: On-Site, Full-time, Entry level
Location: Chicago, IL
Full description and application available via LinkedIn.
UIC CUPPA Careers Blog
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The College of Urban Planning and Public Affairs at UIC is the University of Illinois System's home for the study of public policy and contemporary urban challenges. We are CUPPA.
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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
Showing posts with label low income housing. Show all posts
Showing posts with label low income housing. Show all posts
Associate Developer - Pennrose
Originations Analyst - National Equity Fund, Inc (Chicago, IL)
Who: National Equity Fund, Inc. (NEF), a leading non-profit syndicator of low-income housing
tax credits
What: Originations Analyst for NEF's Chicago office. The primary function of this position is to provide analytical support to the originators on a regional team in the underwriting of low-income housing tax credit investments. The analyst will assist in evaluating the initial feasibility of investments, preparing financial projections and preparing engagement or commitment letters. Candidate must be able to analyze a project’s financing, development budget, construction schedule, operating expenses, debt service, market comparability and developer capacity, as well as utilize and become proficient in NEF’s pricing and underwriting model. Analyst will be expected to gain a thorough understanding of tax laws related to the LIHTC and Historic Credits and become familiar with other affordable housing financing tools, including CDBG, HOME, AHP, and other local funds.
What: Originations Analyst for NEF's Chicago office. The primary function of this position is to provide analytical support to the originators on a regional team in the underwriting of low-income housing tax credit investments. The analyst will assist in evaluating the initial feasibility of investments, preparing financial projections and preparing engagement or commitment letters. Candidate must be able to analyze a project’s financing, development budget, construction schedule, operating expenses, debt service, market comparability and developer capacity, as well as utilize and become proficient in NEF’s pricing and underwriting model. Analyst will be expected to gain a thorough understanding of tax laws related to the LIHTC and Historic Credits and become familiar with other affordable housing financing tools, including CDBG, HOME, AHP, and other local funds.
Originations Analyst- National Equity Fund, Inc. (Chicago or NY)
Who: National Equity Fund, Inc. (NEF), a leading non-profit syndicator of low-income housing tax credits.
What: Originations Analyst for Chicago or New York offices. The primary function of these positions is to provide analytical support to the originators on a regional team in the underwriting of low-income housing tax credit investments. The analyst will assist in evaluating the feasibility of investments including, evaluating the market, sponsor capacity, reviewing loan documents, and preparing projections; prepare engagement or commitment letters, assist with investment committee write-ups, investment proposal, closings, and evaluation of potential adjusters post-closing. In addition, candidate must be able to analyze project’s financing, development budget, construction schedule, operating expenses, debt service, market comparability and developer capacity; utilize and become proficient in NEF’s pricing and underwriting model. Gain a thorough understanding of tax laws related to the LIHTC and Historic Credits and become proficient in understanding secondary financing, including CDBG, HOME, AHP, and other local funds. Develop and maintain extensive knowledge of real estate underwriting and Section 42 requirements.
What: Originations Analyst for Chicago or New York offices. The primary function of these positions is to provide analytical support to the originators on a regional team in the underwriting of low-income housing tax credit investments. The analyst will assist in evaluating the feasibility of investments including, evaluating the market, sponsor capacity, reviewing loan documents, and preparing projections; prepare engagement or commitment letters, assist with investment committee write-ups, investment proposal, closings, and evaluation of potential adjusters post-closing. In addition, candidate must be able to analyze project’s financing, development budget, construction schedule, operating expenses, debt service, market comparability and developer capacity; utilize and become proficient in NEF’s pricing and underwriting model. Gain a thorough understanding of tax laws related to the LIHTC and Historic Credits and become proficient in understanding secondary financing, including CDBG, HOME, AHP, and other local funds. Develop and maintain extensive knowledge of real estate underwriting and Section 42 requirements.
Project Manager - Clifford Beers Housing - Los Angeles, CA
Project Manager
Clifford Beers Housing
Los Angeles, CA
Clifford Beers Housing develops permanent supportive housing for the most vulnerable. Our commitment is to create thoughtfully designed, affordable and integrated communities to enhance the lives of individuals and families who have experienced mental illness and homelessness.
CBH offers a comprehensive benefits package including a 403(b), medical, dental, vision, and life insurance plans as well as vacation, sick, personal, and holiday time off.
POSITION DESCRIPTION
CBH is seeking a creative and enthusiastic individual for a position in its housing development department. Under the supervision of the Senior Project Manager, the Project Manager will coordinate and direct the activities of the consultant team including architects, engineers, construction contractors, attorneys, and others; contribute to project programming and design; and perform work necessary to further site acquisitions, entitlements, project financing, construction, and service programming from project inception through conversion. Staff evaluations occur once per year and for housing development are based on the performance of the individual and the department's effectiveness in achieving production goals.
SUPERVISORY RESPONSIBILITIES: None
QUALIFICATIONS
A bachelor's degree and preferably a master's degree in business, finance, political science, public administration or urban planning is desired. Relevant work experience may be substituted in lieu of a master's degree.
CERTIFICATES, LICENSES, AND REGISTRATIONS
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential duties and responsibilities of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential duties and responsibilities.
While performing the essential duties and responsibilities of this job, the employee is regularly required to sit at least 50% of the time; use hands to fingers, handle, or feel; and talk and hear. The employee is occasionally required to stand at least 25% of the time; walk at least 25% of the time; and reach using feet, legs, back, arms and hands. The employee must occasionally lift and/or move up to 20-30 pounds.
Specific vision abilities required for this job include close vision, distance vision, color vision, depth perception and the ability to adjust focus.
Los Angeles, CA
Clifford Beers Housing develops permanent supportive housing for the most vulnerable. Our commitment is to create thoughtfully designed, affordable and integrated communities to enhance the lives of individuals and families who have experienced mental illness and homelessness.
CBH offers a comprehensive benefits package including a 403(b), medical, dental, vision, and life insurance plans as well as vacation, sick, personal, and holiday time off.
POSITION DESCRIPTION
CBH is seeking a creative and enthusiastic individual for a position in its housing development department. Under the supervision of the Senior Project Manager, the Project Manager will coordinate and direct the activities of the consultant team including architects, engineers, construction contractors, attorneys, and others; contribute to project programming and design; and perform work necessary to further site acquisitions, entitlements, project financing, construction, and service programming from project inception through conversion. Staff evaluations occur once per year and for housing development are based on the performance of the individual and the department's effectiveness in achieving production goals.
SUPERVISORY RESPONSIBILITIES: None
QUALIFICATIONS
- Minimum of one year in low-income housing development
- Critical thinking skills and the ability to make reasoned decisions with limited information
- Ability to continuously prioritize tasks on multiple projects and to adapt to changing priorities, work, and information as needed
- Ability to perform under pressure with multiple interruptions and to meet deadlines
- Strong time management and organizational skills with attention to detail and accuracy
- Ability to effectively delegate tasks and coordinate the work of others
- Ability to synthesize and understand information from a variety of sources and documents
- Excellent written and verbal communication skills
- Flexible work schedule that can accommodate participation in weekend and evening volunteer and public meetings as well as demanding project deadlines
- Familiarity with the MS Office Suite, particularly MS Excel, Word, and Outlook, and with Adobe Acrobat
- Maintain a professional demeanor in representing CBH to colleagues, constituents, funders and public officials
- Passion and support for CBH's mission
- Management of up to four projects at any given time
- Management and coordination of project development team, including contractors, architects, and other consultants from inception through project close out
- Preparation of funding applications for Low Income Housing Tax Credits and other public and private financing consistent with funding regulations and within funding deadlines
- Conducts daily evaluation of work assignments and prioritizes accordingly
- Coordinate the closing of acquisition/predevelopment, construction, and permanent phase loans and equity investor funds and lead closing calls
- Under the direction of the Senior Project Manager (SPM), prepare project proformas
- Assist the SPM in the analysis of potential development sites to determine their appropriateness in advancing CBH's production goals
- Assist the SPM in the development of project concepts, including target population and financing, service, community outreach, and entitlement strategies
- Act as primary liaison to project lenders, investors, community stakeholders, and others and attend meetings with such parties as needed
- Work with public agency planning and building and safety departments as needed to obtain project entitlements and other required project reviews
- Actively participate in project problem-solving and discussions regarding project strategies
- Organize project data so that it is readily available as needed for distribution and prepare both internal reports and reports to funders in accordance with their indicated requirements
- Maintain project budgets and ensure that project schedules, reports, and work are completed within applicable deadlines
- Identification of tasks for delegation to administrative support staff
- Verify accuracy of work completed by support staff and outside consultants
A bachelor's degree and preferably a master's degree in business, finance, political science, public administration or urban planning is desired. Relevant work experience may be substituted in lieu of a master's degree.
CERTIFICATES, LICENSES, AND REGISTRATIONS
- Proof of ability to work in the United States.
- Must have and maintain a valid California driver's license and auto insurance at all times and have the availability of an insured vehicle to travel within the Company's service area.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential duties and responsibilities of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential duties and responsibilities.
While performing the essential duties and responsibilities of this job, the employee is regularly required to sit at least 50% of the time; use hands to fingers, handle, or feel; and talk and hear. The employee is occasionally required to stand at least 25% of the time; walk at least 25% of the time; and reach using feet, legs, back, arms and hands. The employee must occasionally lift and/or move up to 20-30 pounds.
Specific vision abilities required for this job include close vision, distance vision, color vision, depth perception and the ability to adjust focus.
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