Market Leader RED

Detroit, MI - USA

Yearly Salary: $ 105000 - 125000

Posted on: 17 hours ago

Vacancies: 1 Vacancy

Job Summary

CHN HOUSING PARTNERS

Market Leader RED

We are a growing non-profit organization based in Cleveland Ohio that offers its employees a comprehensive benefits package opportunities to grow within the organization and the ability to improve the communities we serve.

CHN Housing Partners:CHN is a highly seasoned nonprofit affordable housing developer housing service provider and residential mortgage lender that works with its partners to solve major housing challenges for low-income people and under-served communities. Through our partnerships we have developed over 7000 affordable homes and each year serve over 60000 families through a wide array of housing services.

We work in Ohio and neighboring states including Michigan to preserve and expand affordable housing and build equitable communities. By investing in affordable housing we are investing in families communities and the economy. We are investing in the power of the permanent address.

Please click here to learn more about our Core Values and how they drive our mission and define who we are.

Learn More about CHN Housing Partners Benefits by clicking here!CHN offers HSA and PPO Medical Plans (including dental and vision options) Vacation Personal and Sick Leave; Paid Maternity/Paternity/Adoption Leave; Paid Company Holidays; Life Insurance; 401K Plan Tuition Reimbursement and more.

Position Summary: CHN Housing Partners is a nonprofit affordable housing developer general contractor owner and operator in certain markets of Ohio Michigan and Pennsylvania. The Real Estate Development (RED) Market Leader is a business development position responsible for sourcing competitive LIHTC development opportunities and building strategic partnerships that generate affordable housing development opportunities in their assigned market. This role focuses exclusively on pipeline generation through relationship development deal sourcing and rapid opportunity assessment.

The rate of pay for this position is $105000 - $125000 per year commensurate with experience (FLSA Exempt)

Essential Duties and Responsibilities:

Deal Sourcing & Relationship Development (75% of time)

Build and maintain strategic relationships with housing developers CDCs nonprofits foundations brokers housing authorities economic development organizations HFAs and other appropriate organizations.
Conduct relationship-building activities with organizations relevant to affordable housing development
Attend industry conferences and major events for networking and market intelligence
Identify 1-2 viable potential development opportunities per month that align with QAP priorities and CHNs competitive strengths
Establish systematic approaches for lead generation including broker partnerships RFP tracking and funding announcements

Deal Assessment (15% of time)

Complete initial opportunity assessments within 72 hours of opportunity identification using standardized screening methodology
Conduct analysis to identify characteristics that disqualify opportunities from further consideration
Prepare concise screening memos with preliminary financial analysis QAP scoring assessment and go/no-go recommendations
Present opportunities to RED management team at standing origination meetings for collective evaluation and at Investment Committee
Complete clear and concise transfers of project details to assigned Project Managers.

Research & Market Intelligence (10% of time)

Review QAPs as released and identify changes affecting competitive positioning
Research new funding sources and expansion opportunities in assigned markets
Track state and federal legislative changes impacting affordable housing development

Other Responsibilities

Collaborate and serve as an advisor to the entire Real Estate Development team during the execution of originated projects.
Special projects as directed by the Vice President of Development

Required Qualifications:

Education & Experience:

Bachelors degree in planning finance real estate or related field (or equivalent work experience)
5 years of affordable housing development experience with demonstrated success in business development and deal origination
Understanding of LIHTC program mechanics QAP scoring systems and competitive application processes
Deep understanding of real estate finance and development for multifamily housing including pro forma creation
Experience in Ohio Michigan and/or Pennsylvania markets strongly preferred
Ability to effectively utilize mapping and GIS software strongly preferred

Skills & Competencies:

Exceptional relationship-building and networking abilities with diverse stakeholders
Strong financial analysis skills for rapid opportunity assessment
Self-motivated with ability to create and execute independent work plans
Goal-oriented approach with focus on measurable results
Excellent communication skills and ability to articulate deal risks and opportunities concisely
Mission-driven commitment to affordable housing development

Working Conditions and/or Physical Requirements:

Ability to perform essential job functions consistent with ADA FMLA and other standards.
Regular and punctual attendance consistent with ADA FMLA and other standards.

Why Should You Apply

You want to be part of an organization where the work you do will have a positive and lasting difference in the community.
Great benefits.
Opportunities for on-the-job training and/or professional development.

M/F/V/D/EOE

CHN HOUSING PARTNERSMarket Leader REDWe are a growing non-profit organization based in Cleveland Ohio that offers its employees a comprehensive benefits package opportunities to grow within the organization and the ability to improve the communities we serve.CHN Housing Partners:CHN is a highly seas...