Overview
Position Summary:
As a member of Monarch’s Housing Development Team, the Housing Development Associate will assist in the day-to-day management of affordable housing development projects and will provide support in all phases of development including acquisition, feasibility analysis, design, land use approvals, securing financing, construction and initial leasing/marketing.
Key responsibilities include, but are not limited to:
• Coordinate due diligence for development projects.
• Prepare project development and operating budgets.
• Compile and submit funding application packages (grants, loans,
low income housing tax credits).
• Coordinate loan and equity closings.
• Prepare disbursement requests and monitor construction cash
flow during construction.
• Other duties as assigned.
Qualifications and Requirements:
• Minimum Bachelor’s Degree.
• Interest in and familiarity with the affordable housing development process.
• Energetic, organized and highly motivated person with ability to work
independently and collaboratively. Flexibility and willingness to do a
variety of tasks.
• Ability to perform a variety of duties and responsibilities with
consistent accuracy, attention to detail, and speed under the pressure of
time-sensitive deadlines. Must be able to take initiative, analyze
assignments, identify sub-tasks, prioritize, and keep various
assignments moving simultaneously.
• Excellent interpersonal, verbal and written communication skills.
• Proficiency in Microsoft Office (Word, Excel).
• A strong work ethic, integrity, and the highest ethical standards.
• Sensitivity to varying cultural, ethnic and social backgrounds,
values and attitudes.
• Possess a reliable car and valid driver’s license; willingness to
travel within New Jersey.
Compensation:
$50,000 (based on level of experience). Full benefits
package available, including Health, Dental and Vision insurance, 401K,
401K match, generous time off, professional development opportunities.
Monarch is an Equal Opportunity/Affirmative Action Employer
Send cover letter and resume to:
Asish Patel, Monarch Housing Associates
Fax: (908) 628-1055
Mail: 226 North Avenue West, Cranford, NJ 07016
E-Mail: apatel@monarchhousing.org
About Monarch Housing Associates, Inc.
Monarch Housing Associates, Inc. is a premier, state-wide non-profit
housing consulting company based in Cranford, New Jersey. Monarch’s
mission is to expand the supply, accessibility and variety of affordable
and supportive housing through development, planning, advocacy and
partnerships.
Monarch has 30 years of experience working with clients to develop
affordable and mixed-income rental housing for seniors, families and
persons with special needs. Our clients include private developers,
housing authorities, senior housing associations, hospitals, social
service agencies, non-profit organizations and municipalities. As a result
of Monarch’s work, more than 3,500 units of affordable rental housing
have been created and/or preserved in New Jersey.
