Senior Developer – Twin Cities, MN

Corporate
Minnesota, Twin Cities
Posted 1 week ago

The primary responsibility is to lead the process related to the finance, development, tax credit syndication and acquisition of land, buildings, and construction and/or rehabilitation of affordable housing communities.

Essential Functions

  • Syndicate and rehab apartment communities within Premier ownership.
  • Develop land currently owned by Premier.
  • Lead the work on fee opportunities for development connection with Premier.
  • Work alongside the CEO to identify opportunities throughout the Midwest market for development and acquisition for Premier exclusively.
  • Conduct research on housing needs and market conditions for specific projects.
  • Oversee initial project conception, financial underwriting, and market and policy analysis.
  • Lead all aspects of project financing including financing applications, initial underwriting, negotiations and closing.
  • Obtain financing for projects including grants, loans, tax credits and other subsidies such as city governments, MHFA, etc.
  • Ensure site control and suitability, including zoning, compliance with environmental regulations and entitlements.
  • Ensure ongoing project compliance consistent with Limited Partnership Agreements (LPA’s) and various housing authorities.

Coordination with internal and external teams

  • Demonstrate strong collaborative and relationship building activities with a wide variety of people, cross-functional teams, community-based organizations, banks, and team members.
  • Work with the Leadership Team to ensure that design, constructions, and delivery is consistent with financing and program requirements.
  • Coordinate with Property Management team to ensure all objectives on the project and leasing requirements are communicated.
    Performs all other duties as assigned by the supervisor.

Minimum Requirements

  • Strong time management and organizations skills with attention to detail and accuracy.
  • Highly effective problem solving and flexibility while remaining focused on solutions.
  • Work and communicate well within a team environment.
  • Professionally represent the company values and vision publicly.
  • Ability to work independently, identify next steps and act with little supervision.
  • Strong computer skills including MS Outlook, Word, Excel, PowerPoint.

Education and Experience

  • Bachelor’s degree in finance, accounting, economics, planning, or related field strongly preferred. Advanced degrees in business desired.
  • Minimum of five years affordable housing development experience, including extensive successful experience in LIHTC deals required.
  • Previous experience with YARDI preferred.

Physical Requirements

  • Occasional lifting up to 25 pounds.
  • Ability to sit for extended periods of time.
  • Ability to enter data into a computer.
  • Ability to complete large filing projects.
  • Ability to work independently and remotely.

Job Features

Job CategoryFull Time

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