Development Coordinator

LIHTC Leaders; Minneapolis (MN); Hybrid; USD 75,000 - 90,000; Full time

Benefits offered by this job

Paid time off

Medical insurance

Dental insurance

Vision insurance

401(k) with company contribution

Job summary

Völker is seeking a Development Coordinator to advance projects from site control to stabilization. You will work across departments and with external stakeholders, supporting the Managing Directors of Development throughout the lifecycle of each project.

The role emphasizes collaboration, process orientation, and effective coordination to deliver high-quality affordable housing developments. This full-time position in Minneapolis offers on-site work with hybrid flexibility and a competitive

Qualifications

• 2-4 years in multi-family real estate development.
• Experience with LIHTC or affordable housing projects preferred.
• Advanced proficiency with Microsoft Office Suite and AI workflow integration.
• Demonstrated ability to manage multiple projects simultaneously.
• Strong written and verbal communication and cross-functional relationship-building skills.
• Continual improvement and problem-solving mindset.

Responsibilities

• Pre-Development: Evaluate zoning, file applications, coordinate with consultants.
• Perform market analysis on rents, income, demand, unit mix, utilities.
• Order/assess due diligence: market studies, enviro reports, appraisals, energy models.
• Prepare financing applications: LIHTC, gap, TIF.
• Collaborate with Building Delivery and design teams on site feasibility.
• Attend site visits and public meetings when needed.

Skills

Multi-family real estate development

Project management

Attention to detail

Written and verbal communication

Cross-functional collaboration

Continual improvement

Problem solving

Tools

Microsoft Office Suite

AI workflow

AI document integration

Job description

Location: Minneapolis, MN

Work Arrangement: On-Site, with some flexibility for hybrid hours

Employment Type: Full-time

Compensation: $75K-$90K

About The Employer

Völker is a developer and owner of affordable housing with an unwavering commitment to making housing attainable nationwide. Our core focus is clear: provide high-quality, affordable housing to better places and better people. Völker was founded in Wisconsin. Today, we are headquartered in Louisville, KY with remote offices in a half-dozen states. We invite you to be part of our journey.

Role Summary

The Development Coordinator will bring capacity and expertise to advance projects between initial site control and project stabilization. This role is integral to the successful delivery of new developments and achieving company goals. This position is highly collaborative and process-oriented connecting internal departments and external stakeholders. The Coordinator will assist Managing Directors of Development in most aspects of project management through the development life cycle.

What You’ll Do

Pre-Development

• Evaluate zoning requirements, make applications and coordinate with professionals and consultants as needed.
• Perform local market analysis to confirm rents, other income, demand, unit mix, and utility allowances.
• Order and evaluate customary due diligence: market studies, environmental reports, appraisal, energy consumption models etc.
• Prepare financing applications: LIHTC, gap, TIF etc.
• Collaborate with Building Delivery function and third-party design team to perform site feasibility and utility access.
• Perform site visits and attend public meetings from time to time.

Closing

• Prepare LOI solicitations for equity and debt.
• Respond to financing partners, due diligence providers and agencies requests for project information.
• Maintain third-party engagements and sync with project accounting. Support closing across all functions.
• Update and record project information.

Post-Construction And Stabilization

• Liaison with Asset Management and property management companies during initial lease-up to confirm occupancy requirements are documented and monitor progress.
• Facilitate bidding, procurement and installation for Furniture, Fixtures, and Equipment (FF&E) to ensure amenities (common areas, offices, gyms and clubhouses) are outfitted for project requirements and within budget.
• Ensure that capital calls are made as soon as allowed and that all conditions are satisfied and documented.
• Support conversion to permanent financing by ensuring conditions are achieved, due diligence is provided and financial performance and adjuster projections are coordinated between property management, asset management, lenders and investors.
• Complete and submit Placed in Service and 8609 applications to state agencies.

Required Qualifications

• 2-4 years in multi-family real estate development; direct experience with Low Income Housing Tax Credit or affordable housing projects is strongly preferred.
• Advanced proficiency with the Microsoft Office Suite, AI workflow and AI document integration.
• Demonstrated ability of managing multiple projects simultaneously and to multitask independently.
• Highly detail oriented, excellent written and verbal communication and possess strong cross-functional relationship-building skills.
• Continual improvement and problem-solving mindset.

Physical Requirements & Working Conditions

• This position is full-time and based in Minneapolis, MN. Work is expected to be performed primarily at the company office with some flexibility for hybrid hours.
• Prolonged periods sitting at a desk and working on a computer.
• Must be able to lift up to 25 pounds at times.
• Travel is required.

Benefits

We offer a generous benefits package including paid time off, medical, dental, vision, and a 401(k) with company contribution.