Development Coordinator — Affordable Housing & Financing

Dominium Management Services; Inwood (TX); On-site; USD 52,000 - 75,000; Full time

Benefits offered by this job

Competitive salary

Incentive bonus program

Training and development programs

401(K) plan

Medical, Dental and Vision coverage

Job summary

Dominium is seeking a Development Coordinator to manage the due diligence process for a portfolio of multifamily real estate development projects. You will coordinate materials for lenders, assist with financing applications, and oversee post-closing activities to ensure timely value events.

You will work with the development team on deadlines, communicate with lenders/investors, and maintain organized files and reports across project stages.

Qualifications

• 1 year of relevant work experience or a Bachelor's degree in Real Estate, Business Administration, or a related field.
• Experience in the real estate industry, particularly in affordable housing (LIHTC) and transaction processing is highly preferred.
• Familiarity with Yardi and Workfront is advantageous but not required.
• Ability to communicate clearly with others orally and in writing in English.
• Excellent verbal, written and interpersonal communication skills.
• Proficient in Microsoft Office Suite, including Word, Excel, Access, and PowerPoint.

Responsibilities

• Prioritizes and manages multiple complex projects concurrently, ensuring all deadlines within the assigned portfolio are met.
• Prepares and coordinates comprehensive due diligence materials for lenders and equity institutions related to affordable multifamily housing closings, including acquisitions, resyndications, and new construction projects.
• Assists with preparation of bond applications, tax credit applications, and other financing or soft funds packages that are needed to secure funding for projects.
• Oversees and coordinates post-closing activities, including state agency reporting, 8609 applications, permanent financing conversions, equity installments, and refinances.
• Orders third-party reports throughout various phases of a project including, but not limited to, Environmental Studies, Property Condition Assessments, Appraisals, Market Studies, Title and Survey, and Zoning Reports.
• Fosters relationships with other departments such as property management, asset management, construction, accounting, and compliance to streamline communication and gather necessary information for lenders and investors.
• Participates in regular conference calls with the development team, lenders, investors, underwriters, attorneys, and other stakeholders to provide updates on the due diligence process.
• Interprets and extracts key information from loan agreements and partnership agreements to understand project timelines and track upcoming value events.
• Maintains organized electronic due diligence files in accordance with existing processes and standards.
• Monitors and updates project management software to ensure timely task completion and accurate reporting.
• Organizational and communication skills are essential.

Skills

Verbal communication

Written communication

English proficiency

Microsoft Office

Project coordination

Education

Bachelor's degree in Real Estate, Business Administration, or related field

Tools

Yardi

Workfront

Job description

Dominium is seeking a Development Coordinator to manage the due diligence process for a portfolio of multifamily real estate development projects. You will coordinate materials for lenders, assist with financing applications, and oversee post-closing activities to ensure timely value events.

You will work with the development team on deadlines, communicate with lenders/investors, and maintain organized files and reports across project stages.