CINCINNATI METROPOLITAN HOUSING AUTHORITY
Senior Development Analyst (Project Management)
ESSENTIAL DUTIES AND RESPONSIBILITIES:
The below statements are intended to describe the general nature and scope of work being performed by this position. This is not a complete listing of all responsibilities, duties and/or skills required.
Underwrite multi-family real estate investment opportunitiesCorrespond with owners and brokers to gather due diligence;Assist with evaluating and underwriting development projects;Review and analyze legal documents, financial reports and operating plans as part of the due diligence process;Assist with preparation of 4% and 9% LIHTC applications and all associated ancillary documents for the processing of any equity financing;Review and update pro-forma financials for large scale residential projects and create pro-forma financials is tax credit equity applications;Coordinate market research;Analyze LIHTC and other affordable housing programs to determine project feasibility;Responsible for managing and coordinating multiple affordable housing transactions, including the acquisition, development, refinancing, and/or rehabilitation of affordable housing projects, including through the use of LIHTC.Assist with working with lenders, including but not limited to FHA, to secure debt for new construction and refinancing;Assist with working with project team on various tasks needed to complete affordable housing funding applications;Assist with ongoing financial modeling of the development;Support and may oversee progress of seller, buyer and lender due diligence checklists;Provide research and analytical assistance; Track project status, coordinates meetings, track deliverables both internally and externally;Order and critically review third party reports for development projects;May assist with coordinating and assembling funding draw requests during construction for review by the Development Director, ensuring adherence to approved project budget; obtain funding approval of financial partners; oversee facilitation of funds once released to ensure timely payment/reimbursement of project costs; track interest payment deadlines during construction;Communicate with internal clients and external vendors; andPerform additional duties as assigned.