General Description:

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.

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.

·                         Minimum 3 years of experience in the housing development, or related, field.

·                         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: $70,000 for experienced Associate. 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

E-Mail: apatel@monarchhousing.org

To apply for this job email your details to hmay@monarchhousing.org

About Monarch Housing Associates

Monarch Housing Associates is a mission driven, results oriented non-profit.

Our Vision: Every person will have quality affordable, permanent housing that fosters freedom, independence and community integration.

Our mission: To expand the supply, accessibility and variety of affordable, permanent supportive housing through development, planning, advocacy and partnerships.