Remote Development Finance Analyst - Real Estate

BangorHousing; Bangor (ME); Hybrid; USD 60,000 - 70,000; Full time

Benefits offered by this job

Health, dental, disability and life保险

13 paid holidays

4 weeks paid time off

Public Service Loan Forgiveness

Retirement contributions

Job summary

BangorHousing is seeking a Development Analyst to provide financial analysis for housing projects using various funding sources including Federal, State, local loans, subsidies and grants. This is a full-time salaried position with primary remote work and occasional onsite visits in Bangor, ME.

The role supports feasibility assessments, regulatory compliance, risk mitigation, land acquisition, due diligence, and lender/investor communications, collaborating with the Development Director and team.

Qualifications

• Bachelor’s degree in relevant field and two years' related experience (real estate development, lending, financial analysis, budgeting, or accounting).
• Must complete Rental Housing Development Finance Professional Certification Program™ within two years at BangorHousing's expense.

Responsibilities

• Assist Development Director and BangorHousing management in all aspects of the development of real estate assets.
• Assist with assessment of project feasibility, compliance with state and federal regulations, and mitigation of risk for projects, operating budgets, rent structure, and income.
• Assist in land acquisition, working with legal counsel on purchase contracts and title, gathering due diligence materials, and tracking contract timelines.
• Assist with the tracking of project timelines and schedules.
• Compile and organize information for applications to lenders and investors.
• Organize and disseminate technical information about physical design, environmental concerns, and accessibility requirements.
• Order, review, and analyze third party reports such as market studies, appraisals, Phase I ESAs, and capital needs assessments as needed.
• Assist in financial closings with lenders and investors by gathering, reviewing, and creating necessary due diligence items.
• Perform other duties as assigned.

Skills

Project management

Financial analysis

Communication

Independent work

Creativity and analytical thinking

LIHTC knowledge (preferred)

Education

Bachelor’s degree in relevant field

Rental Housing Development Finance Professional Certification Program™ (within 2 years)

Tools

Excel

OneDrive

Teams

Job description

BangorHousing is seeking a Development Analyst to provide financial analysis for housing projects using various funding sources including Federal, State, local loans, subsidies and grants. This is a full-time salaried position with primary remote work and occasional onsite visits in Bangor, ME.

The role supports feasibility assessments, regulatory compliance, risk mitigation, land acquisition, due diligence, and lender/investor communications, collaborating with the Development Director and team.