Preservation Intern

April Housing

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profile Job Location:

Los Angeles, CA - USA

profile Hourly Salary: $ 25 - 30
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles April Housing is the asset management business that oversees Blackstones affordable housing and LIHTC portfolio. April Housing seeks to preserve critical affordable housing stock while providing best in class management and high-quality housing. April is committed to being a fair transparent and responsible owner.

April Housings long-term commitment to owning affordable housing is supported by Blackstone Funds predominantly BREIT a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable addition to managing a growing portfolio April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housings Standards of Excellence in Residential Operations.

In its pursuit of excellence April Housing is looking for individuals who share in its mission to provide high-quality housing to affordable residents.

As of the date on which this job advertisement is posted the Company anticipates that the base hourly range for this role is $25/hour (undergrad) - $30/hour (rising senior).

Responsibilities

The Preservation team at April Housing is responsible for underwriting developing closing and managing the construction of preservation and rehabilitation projects for one of the largest affordable housing portfolios in the country. As an intern your responsibilities will include:

  • Supporting analyses that drive investment decisions on preservation and rehabilitation efforts including pro forma analysis market comparables due diligence review and funding availability

  • Assisting with internal status updates and other reporting to key stakeholders at April and Blackstone

  • Supporting the assembly of applications for tax-exempt bonds and low-income housing tax credit allocations

  • Tracking deal progress during the due diligence application closing and constructions phases of development

  • Completing special projects for the Preservation team including research on state-level affordable housing preservation tools/initiatives and the drafting of white papers

  • Tracking best practices and process improvement initiatives across the Preservation team

Qualifications

Heres a bit about what your background should be:

  • Strong academic record with a genuine interest in exploring or continuing a career in affordable housing

  • Coursework in any of the following fields of study: architecture real estate development finance urban planning economics political science public policy

  • Education in other fields of study would be acceptable if combined with interest in affordable housing (development finance and/or policy)

  • Excellent organizational skills and attention to detail

  • Outstanding analytical and problem-solving skills

  • A collaborative nature with good communication and interpersonal skills

EEO Statement

The Company is an equal opportunity accordance with applicable law we prohibit discrimination against any applicant employee or other covered person based on any legally recognized basis including but not limited to: veteran status uniformed servicemember status race color caste immigration status religion religious creed (including religious dress and grooming practices) sex gender gender expression gender identity marital status sexual orientation pregnancy (including childbirth lactation or related medical conditions) age national origin or ancestry citizenship physical or mental disability genetic information (including testing and characteristics) protected leave status domestic violence victim status or any other consideration protected by federal state or local law. We are committed to providing reasonable accommodations if you need an accommodation to complete the application process please email

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers the California Fair Chance Act and any other applicable city county or local ordinances. Good cause exists for a criminal background check because one of the material duties of this position requires access to sensitive financial information and confidential and proprietary information and accordingly requires the candidate to possess a high level of integrity and discretion. The Company faces a significant risk to its business operations or business reputation if a criminal history check is not performed. A criminal history that has a direct adverse and negative relationship with these material duties may potentially result in the withdrawal of a conditional offer of employment.

Base Compensation Range:

$25.00 To $30.00 Hourly. This represents the presently-anticipated low and high end of the Companys base compensation range for this position. Actual base compensation range may vary based on various factors including but not limited to location and experience.

Please review the job applicant privacy notice here.

EEO Statement

April Housing is an equal opportunity accordance with applicable law we prohibit discrimination against any applicant employee or other covered person based on any legally recognized basis including but not limited to: veteran status uniformed servicemember status race color caste immigration status religion religious creed (including religious dress and grooming practices) sex gender gender expression gender identity marital status sexual orientation pregnancy (including childbirth lactation or related medical conditions) age national origin or ancestry citizenship physical or mental disability genetic information (including testing and characteristics) protected leave status domestic violence victim status or any other consideration protected by federal state or local law. We are committed to providing reasonable accommodations if you need an accommodation to complete the application process please email


Required Experience:

Intern

April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles April Housing is the asset management business that oversees Blackstones affordable housing and LIHTC portfolio. April Housing seeks to pres...
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