Development Intern

Dominium is helping tackle the affordable housing crisis – and we're looking for motivated candidates to join our team and help further our mission. With offices in Minneapolis, Atlanta, Dallas and Phoenix, Dominium is one of the nation's most respected and innovative affordable housing development and management companies. We create quality, affordable homes and engage with our residents daily to create a strong sense of community and connectivity.Join us in making a difference in people's lives every day at a company where you can challenge yourself to develop both personally and professionally.POSITION SUMMARY:The Development Intern will support analysts, associates, developers, and project partners across all phases of the real estate development process. Responsibilities will include market and acquisition analysis, reviewing investment agreements and legal documents, assisting with project planning, construction administration, and contributing to various other tasks as needed.Essential FunctionsMarket Analysis: Conducts research on local real estate trends, pricing, and demand to identify potential investment opportunities and support market reports.Financial Modeling: Assists in creating and maintaining financial models to evaluate project profitability, including income projections and ROI analysis.Cash Flow Projections: Helps develop and maintain accurate cash flow projections for new developments, factoring in rental income, operating expenses, and financing costs.Acquisition Analysis: Supports the evaluation of potential acquisitions by performing due diligence, property financial reviews, and market comparisons.Financing Application Compilation: Assists in compiling and preparing necessary documentation for financing applications, ensuring compliance with lender requirements.Tax Credit Application Compilation: Supports the preparation of tax credit applications (e.g., LIHTC or Historic Preservation) by organizing documentation and ensuring accuracy.Construction Matrix Preparation: Helps prepare and update construction timelines, milestone charts, and resource allocation plans to ensure projects stay on track.Site Visits and Inspections: Participates in site visits to monitor project progress, document issues, and collaborate with construction teams to maintain quality control.Report Generation and Stakeholder Coordination: Assists in generating project status reports and facilitate communication among stakeholders to ensure smooth project execution.Other projects assigned by supervisor.QualificationsRecent graduate or undergraduate student of a four-year Bachelor degree program in Real Estate, Finance, or related field with a GPA of 3.5 or above strongly preferred.Active participation in Real Estate clubs/groups preferred.MS Office experience including advanced knowledge in Excel.Ability to manage multiple projects with strong organizational skills.Strong mathematics and analytical reasoning skills.Ability to work independently with minimal supervision.About Us:Dominium is a purpose-driven leader in affordable housing. We operate in approximately 20 states, supported by a team of over 1,300 dedicated employees. For more than 50 years, we have delivered excellence in the development and management of affordable housing communities across the United States. Dominium's values – EDGE: Entrepreneurial Innovation, Developing People, Growth Mindset and Execution – guide us in fulfilling our Purpose: to provide quality, affordable housing that builds Enduring Value for our residents, employees, communities and financial partners. We believe housing provides dignity, and our work has a positive, lasting impact on the lives of individuals and families – often for generations. Our properties last for decades, leaving a lasting impact in the communities where they are located.We offer a competitive salary, an incentive bonus program, training and development programs, career growth and community volunteer and outreach programs. We also provide a comprehensive benefits package for eligible employees, including Basic Life and AD&D; Employee, Spouse and Child Supplemental Life and AD&D; and Short and Long-Term Disability insurance. We also offer Medical, Dental and Vision coverage, with optional Health Savings Accounts, as well as Medical and Dependent Care Flexible Spending Accounts. We offer Voluntary Benefits (Accident, Critical Illness, Whole Life) and an Employee Assistance Program. Additionally, you have access to a 401(K) plan, Health and Financial Wellness Programs, Paid Time Off including Paid Holidays and Floating Holidays, Paid Parental Leave, Education Reimbursement, Employee Recognition and the Dominium Employee Emergency Fund.Dominium is committed to providing equal employment opportunities to qualified applicants and employees. Dominium prohibits employment discrimination on race, color, creed, religion, national origin, citizenship, sex (including sexual orientation and gender identity), pregnancy, marital status, familial status, status with regard to public assistance, disability, membership or activity in local commission, veteran status, military status, age, genetic information, union membership, use of lawful consumable products, or any other category protected by applicable state or federal law.