Senior Development Associate

1 week ago

Scottsdale, Arizona, United States Dominium Management Full time

Position Summary:

The Senior Development Associate is responsible for overseeing and guiding the development and acquisition of new projects, including securing funding and completing due diligence processes.

Key responsibilities include analyzing financial viability, managing construction oversight, and ensuring compliance with project standards and timelines.

The ideal candidate will have a strong understanding of the LIHTC process and differences in tax credit programs, as well as excellent presentation and public speaking skills.

Essential Functions:

  • Lead new project development, acquisition, and financing efforts, providing comprehensive assistance throughout the project lifecycle.
  • Conduct detailed financial feasibility analyses for new development and acquisition opportunities, ensuring accurate assessment of project viability.
  • Prepare comprehensive financing and equity packages, including applications, to secure necessary funding for projects.
  • Coordinate and complete due diligence items for lenders and investors, ensuring all requirements are met and documentation is accurate and complete.
  • Assist in the construction management and design process, collaborating with relevant teams to ensure project specifications and timelines are adhered to.
  • Present findings and proposals effectively, leveraging significant entitlement experience to gain support from diverse audiences, including city officials.
  • Utilize creativity and resourcefulness to address and resolve issues that arise during project development, leveraging internal and external networks for support.
  • Demonstrate strong organizational skills and the ability to meet deadlines, proactively anticipating and addressing potential problems to ensure project timelines are maintained.

Qualifications:

  • Bachelor's degree in Finance, Real Estate, Urban Planning, or a related field.
  • Minimum 4 years experience in affordable housing development utilizing the LIHTC program.
  • Significant experience in entitlement processes, financial analysis, and project management.
  • Deep understanding of the LIHTC process and differences in tax credit programs.
  • Excellent presentation and public speaking skills.
  • Strong analytical and problem-solving abilities.
  • Ability to work independently with minimal oversight.
  • Proficiency in relevant software and tools.

About Us:

Dominium is one of the leading affordable housing development and property management companies nationwide, operating in approximately 20 states and employing over 1,200 employees.

For 50 years, we have offered excellence to the development and management of affordable housing communities across the United States.

We offer a competitive salary, incentive bonus program, training and development programs, career growth opportunities, and community volunteer and outreach programs.

We also offer a comprehensive benefits package for eligible employees, including Medical, Dental, Life & Disability, Paid Time Off, 401(K), Flexible Spending Accounts, Employee Recognition & Wellness Programs.

Dominium is committed to a diverse and inclusive workplace and is an equal opportunity employer, not discriminating on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.

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