Career Opportunities

Career Opportunities

REAL ESTATE DEVELOPMENT COORDINATOR

Urban Housing Solutions (UHS) is Nashville’s leading nonprofit provider of affordable housing, with a mission to provide affordable homes in supportive communities. This position is a member of the UHS Development Team, tasked with the creation and preservation of affordable multifamily rental housing. The primary responsibility of the Development Coordinator is to assist with the execution of development projects from concept to completion. The success of our affordable housing development projects often depends on our ability to collaborate with multiple partners and community members. Therefore, the Development Coordinator will leverage both real estate development and interpersonal skills to help the agency respond to the growing need for affordable and supportive housing in Greater Nashville.

 

PRINCIPAL DUTIES:

· Identify and implement opportunities for additional impact through affordable housing development and preservation, including market research and community engagement.

· Coordinate pre-development activities, including site surveys, environmental assessments, feasibilities studies and other due diligence items.

· Support the Development Team’s community engagement activities to inform programmatic aspects and neighborhood impact of future projects.

· Evaluate project financial feasibility by managing dynamic pro forma models, adjusting multiple variables to find the best solution. This may include a mix of affordability levels, funding sources, commercial uses, and project structures.

· Assist in identifying, pursuing, and securing financial sources for development projects to ensure long-term affordability and financial/environment resilience. This includes federal, state, and local grants; various forms of tax credits; rental assistance contracts; construction/permanent loans; and private philanthropy.

· Collaborate on drafting and editing grant applications for development projects.

· Support the successful closing of all necessary financing for development projects.

· Work with the Development Team to create realistic project budgets and monitor those budgets through construction and lease up.

· Support the Development Team in managing development projects including coordinating with design consultants, general contractors, and financial partners as required.

· Research and evaluate innovative financial tools and strategies to address funding gaps or leverage additional resources in creative ways.

· Identify and evaluate opportunities for new development including acquisition of existing apartments, adaptive reuse, and vacant land for new construction.

· Research and evaluate strategic opportunities for new development partnerships, including consulting roles for peer organizations, nonprofits, faith-based organizations, and other partners.

· Help to develop and maintain strong relationships with multiple partners that support development activities, including local government, housing/community development entities, banks, corporations, and local foundations.

· Perform other duties as assigned.

 

SUPERVISION RECEIVED:

The Development Coordinator works under the supervision of the Director of Design & Development. There is also regular contact with the Managing Director and the Director of Administration & Community Engagement.

 

EDUCATION, EXPERIENCE, AND SKILLS:

· Commitment to the agency’s mission of providing affordable homes and supportive services to Nashville’s most vulnerable populations.

· At least two years of experience or education in real estate development or finance. Specific experience with affordable housing development and/or underwriting, including Low Income Housing Tax Credit funding, is strongly preferred.

· Experience using Microsoft Excel, ARGUS, or similar platforms for financial analysis

· Proficiency in Microsoft Office required.

· Creative problem solving and ability to adapt to changing market conditions and resources

· Well-organized, thorough, and detail-oriented.

· Respectful and sensitive to the varied circumstances and perspectives of UHS residents, partners, staff, and community members.

· Understanding of local, state, and federal policies that support affordable and supportive development.

· Excellent interpersonal skills and a team spirit.

· Comfort with a fast-paced work environment and balancing multiple projects at a time.

 

PAY & BENEFITS:

$50,000/year. UHS offers all full-time employees competitive benefits including health insurance and a 401k plan with an employer match.

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“This place is a stepping stone, and I’ve been stepping up.”

Stephen, Nashville, TN

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“I count my blessings every day that I found Urban Housing Solutions.”

Libby, Nashville, TN