Regional Portfolio Manager, Affordable Housing
FPI Management
Development Analyst
Lincoln Avenue Capital
full-time
Posted on:
Origin: • 🇺🇸 United States • California
Visit company websiteSalary
💰 $95,000 per year
Job Level
Junior
About the role
- Financial modeling and presentations of new development and acquisition opportunities utilizing a range of capital structures and financing tools unique to affordable housing.
- Working with prospective lenders and investors to negotiate and secure debt and equity financing
- Conducting market research for new potential and existing projects
- Hands on involvement with construction management and design processes
- Compilation and review of due diligence information including financial, market, demographic, site, federal, state regulatory data
- Coordination and completion of applications, financing packages, and documentation necessary for debt and equity financing, property purchase and sale, and government subsidies.
- Managing acquisitions and deal closing process.
- Assisting with and gathering information for various state and/or federal tax credit and financing applications, tax exempt bond applications, and soft funding applications.
- Researching and analyzing a variety of sources such as general plans, ordinances, court decisions, legal documents, and articles for use in determining highest and best use of multi-family development projects
Requirements
- Passionate and aligned with the company's double bottom line mission: generating appropriate returns and managing great, stable communities for our residents.
- Ability to critically think through a wide variety of topics and effectively articulate opinions and direction to stakeholders.
- Self-starter with the ability to work independently while also comfortable interacting with and presenting to senior management.
- Aptitude for creating strong internal relationships within LAC. Must be a strong collaborator among peer groups within the company.
- Strong organizational skills with a proven ability to work through checklists to meet deadlines.
- Numbers-oriented with strong analytical skills who can evaluate complex data and provide solutions.
- Ability to understand excel financial modeling and thinking through investments and the impact of decisions through the investment process on financial outcomes.
- Ideally a demonstrated experience or knowledge of public and private affordable housing funding resources and subsidy programs, including LIHTC, tax-exempt bonds, and syndication process; ability to combine financing tools to leverage funds creatively.
- Perform other duties as reasonably assigned.
- Bachelor's degree in finance, real estate, or related field with demonstrated performance and leadership in school is required.
- Requires 1-2 years of experience in development, real estate investment, finance, or a related field.
- Has a basic understanding of affordable housing.
