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Associate Director of Development
3 days ago
COMPANY BACKGROUND:
Völker and our affiliated companies are expanding rapidly to support an unwavering commitment to making housing affordable nationwide. Our core focus is clear: provide high-quality, affordable housing to better places and better people. We invite you to be part of our journey.
:
The Associate Director of Development will work closely with the Managing Director of Development located in Lancaster, PA to identify new projects and secure financing. The Associate Director will assist the Managing Director and work on multiple projects to help achieve the overall development production objective of the companies. The position will work closely across all Völker departments and external partners including investors, lenders, housing agencies and consulting professionals.
The Associate Director is a midlevel position intimately involved from start to finish on development projects and is responsible for support and involvement on the project team and will assist in ensuring quality and timely execution of projects from start to completion.
ESSENTIAL JOB DUTIES AND RESPONSIBILITIES:
The Development Associate will do the following on a regular basis:
- Analyze LIHTC Qualified Allocations Plans and recommend strategies to achieve maximum production.
- Assist the Managing Director of Development with site searches and evaluation to identify potential development opportunities.
- Perform project financial modeling and feasibility analysis.
- Perform due diligence and review and evaluate market conditions, entitlements, real estate taxes, utilities, title and environmental.
- Assist with the closing for pre-development financing, land acquisition and LIHTC investors.
- Effectively communicate relevant project information to senior project team members. Work closely with the Managing Director, Development Managers and team members to ensure projects close on or ahead of schedule.
- Assist the Managing Director, Development Managers and team members with the post-completion financial conversions and closings in conjunction with lenders, investors, legal counsel and other project team members.
An individual in this position must be able to successfully perform the essential duties and responsibilities listed above. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.
The above list reflects the general details necessary to describe the principle and essential functions of the position and shall not be construed as the only duties that may be assigned for the position.
MINIMUM SKILLS AND ABILITIES:
Other Skills: Professionalism, high ethical standards and professional integrity, outstanding organizational skills, strong attention to detail, strong interpersonal skills, ability to multi-task and meet deadlines under pressure, and the desire and ability to work in a fast-paced, team-oriented environment required.
Travel: By car and plane to project locations primarily located in the areas in and around Pennsylvania and the Northeastern US. Periodic travel to corporate headquarters in Wisconsin.
Accommodations: Reasonable accommodation may be made to enable qualified individuals with disabilities to perform the essential functions.
PREFERRED QUALIFICATIONS
Must self-motivate and be eager to perform.
WORK LOCATION AND EXPECTATIONS
Hybrid remote in Lancaster, PA. This position is fulltime with some flexibility for additional weekend and evening hours being required to meet project deadlines.
**BENEFITS**:
We offer a generous benefits package including paid time off, medical, dental, vision, and a 401(k) with company contribution.
Pay: $69,031.69 - $83,134.93 per year
**Benefits**:
- 401(k)
- Dental insurance
- Flexible schedule
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Relocation assistance
- Vision insurance
Schedule:
- Monday to Friday
Ability to Relocate:
- Lancaster, PA 17603: Relocate before starting work (required)
Work Location: Hybrid remote in Lancaster, PA 17603
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