The position of Real Estate Finance Associate is integral to supporting the Real Estate Development Department of Selfhelp Community Services and will assist in the development, reporting, compliance, sourcing and financial structuring related to the current real estate portfolio and future development projects for Selfhelp. The position will report directly to the Vice President of Real Estate Development.
The Finance Associate analyzes potential projects, completes applications for funding, and takes on other projects as needed. The Associate will seek out new opportunities for funding and coordinate the responses to Request for Proposals and Requests for Qualifications. In addition, he/she will keep track of construction progress and cost to ensure timely project completion in coordination with the Directors of Affordable Housing Development. Finally, he/she will be required to monitor and track all components of the development process including: financial modeling, design approval, financing applications to local, state and federal funding agencies (HPD, HCR, HFA, ESSHI, etc.), coordinate meetings with public agencies and elected officials, due diligence submissions to government agencies, lenders and investors in advance of construction closing, submission to and tracking of required city/state signoffs as required (Enterprise Green Communities, NYSERDA, DOB, SHP, ULURP), and other duties as assigned.
Bachelor's degree (B.A.); AND at least 3 years related experience and/or training in: underwriting, financial feasibility and analysis, government programs (federal, state and city) for real estate financing, knowledge of and experience with the New York City, Nassau and Suffolk Counties’ development community (for profit and nonprofit), government agencies, financial institutions, architects and engineers. The employee should also have working knowledge of the construction and property management processes.
Ability to interact with executives internally and externally; Board of Directors, Associates, Clients, Customers and general public. The Associate must be computer literate with skills in Microsoft Word, Excel and PowerPoint programs. Excellent interpersonal skills and ability to work both independently or as part of a team. Candidates should be neat, presentable, organized and meticulous about detail.
Word processing and excel spreadsheet expertise necessary. Ability to travel; may be required to work occasional overtime.
Evelyn J. Wolff
VP Real Estate Development