Development Coordinator - Affordable Housing Mid-Atlantic / Southeast

Conifer Realty; Maryland; Remote; USD 60,000 - 90,000; Full time

Benefits offered by this job

Remote work

Travel opportunities

Job summary

Conifer Realty is seeking a Development Coordinator to support profitable LIHTC affordable housing projects across several states, primarily from inception to occupancy. The role requires coordination with development, construction, legal, and accounting teams and may involve limited travel for local approvals.

The ideal candidate will have 3+ years in planning, real estate development, or finance, with strong writing and budgeting skills. A Bachelor's in business or planning is required.

Qualifications

• 3+ years in planning, real estate development, or financial industry preferred.
• Affordable housing experience strongly preferred.
• Project management experience and ability to drive projects to completion.
• Strong writing and presentation skills for community and leadership.
• Proficient with MS Office Suite.
• Dealpath and Yardi Voyager experience preferred.
• Strong math/finance aptitude; underwriting or budgeting experience preferred.

Responsibilities

• Coordinate development activities across multiple-state projects from due diligence to OCC.
• Submit funding applications including LIHTC, FHLB, and other funding sources.
• Conduct project financial feasibility analysis and maintain project budgets.
• Assist in obtaining local approvals and coordinate multi-state travel as needed.
• Direct third-party design professionals to meet building specifications.
• Coordinate market studies, appraisals, and other required studies.
• Support closings for syndication, equity, and construction/perm loans.
• Communicate with Construction, Property Management, Legal, Accounting, and Insurance teams.
• Represent owner at construction meetings and manage draws.
• Prepare soft/hard cost draws and funder submissions.
• Review construction change orders and regulatory requirements for CO issuance.

Skills

Project management

Strong writing

Presentation skills

MS Office

Education

Bachelor's degree in business or planning

Tools

Dealpath

Yardi Voyager

MS Office (Word/Excel/PowerPoint/Outlook)

Job description

Job Type

Full-time

Description

This Development Coordinator will be a fully remote position and preferred residence will be in VA, MD, NC or SC.

Overview

Responsible for assisting with the profitable implementation of multi-state affordable low-income housing developments, principally financed utilizing Low Income Tax Credit (LIHTC), from inception to certificate of occupancy. Seeking a Development Coordinator with experience in the planning, real estate development, or financial industry.

Responsibilities

Working with the Development Team, coordinate development activities across a pipeline of projects in multiple states in the Mid-Atlantic and Southeast from due diligence, application, construction, and conversion:

• Submit funding applications, including Low Income Housing Tax Credits, FHLB, and other applicable Federal, State and Local funding resources.
• Conduct project financial feasibility analysis.
• Maintain project budget, complete sources and uses and monthly update of project cost to complete.
• Assist VP of Development in obtaining local municipal project approvals. Limited, multi-state travel required and evening appointments for local approvals.
• Direct and coordinate third party design professionals (i.e. architects, engineers) to include design review, adhering to the Conifer building outline specifications.
• Coordinate completion of third-party Market Studies, Appraisals, and other studies.
• Review and coordinate approval of third-party contracts and billings.
• Assist in pre-syndication, equity, construction loan and permanent loan closings.
• Communicate, coordinate and follow through on development details with Construction, Property Management, Legal, Accounting and Insurance Departments.
• Represent the owner at construction meetings and resolve issues related to design implementation, schedule, local permits, third party professional’s responsibilities and draw reviews. Approve hard cost draws.
• Assist in preparation of soft cost draws and submission of hard and soft cost draws to funders.
• Review and recommend approval of construction change orders.
• Determine all regulatory requirements for the issuance of C of O from the local municipality and direct the contractor and third-party professional to complete their required roles in the process.
• Oversee preparation of the construction punch list and ensure work completion.
• Assist preparing final job cost for 8609 issuance and regulatory agreement filings.

Requirements

Experience

• Prior 3+ years in the following fields or combination of experience in planning, real estate development, or financial industry preferred.
• Affordable housing industry experience strongly preferred.
• Project management experience required; ability to create, develop projects through to completion.
• Strong writing and presentation skills for presenting projects to community, company leaders.
• Proficient computer skills including MS Office Suite (Word, Excel, PowerPoint, Outlook).
• Dealpath and Yardi Voyager experience preferred.
• Strong math/finance aptitude; prior underwriting or budgeting experience preferred.

Education/Training

Degree: Bachelor’s degree required, with a major in business or planning preferred.