Analyst - Affordable Housing

TITLE : Analyst – Affordable Housing

LOCATION : India, (Remote)

COMPANY OVERVIEW :

The Company is a US based fully integrated real estate investment and development firm with business lines devoted to real estate investments, development, lending, and property management with an emphasis on affordable housing development. The Company has invested in equity and debt real estate transactions with a market value more than $2 billion. With a team of highly skilled professionals, the Company strives to combine unique vision, market knowledge, and a keen ability to execute any rehabilitation or new construction real estate developments including section 42 low-income housing tax credit deals.

BUSINESS OVERVIEW :

Affordable housing refers to rental and ownership housing units that are affordable to families and households at income levels lower than the area's median income. Development of affordable housing require funding from public (federal government, state government and local municipalities) and private sources (banks and other lenders). The team monitors funding availability announcements and prepares applications to request funds for acquisition of land, construction of housing and related costs.

POSITION OVERVIEW :

The analyst works on structuring of affordable housing deals and applying for funding to various governmental sources. The funding applications are MS Excel based and support documentation in MS Word and Adobe PDF. The role requires a high degree of initiative, responsibility, diligence, and professionalism. The candidate is expected to have excellent oral and written communication skills in English. The analyst will work remotely as part of a team and expected to be available from 3.30 PM IST to 12.30 midnight.

RESPONSIBILITIES :

• Preparing MS Excel based funding applications (Funding sources include Low Income Housing Tax Credits, Tax-Exempt Bonds, State, County, City funding sources)
• Preparing support documentation for the funding applications
• Monitoring and tracking documents and checklists
• Research of new funding opportunities / expansion opportunities
• Working on other aspects of the development finance process, including predevelopment and construction closing, conversion and compliance
• General support of all other initiatives and special projects as required.

QUALIFICATIONS :

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Skills Required

Financial Analysis, Financial Research, Valuation, Credit Analysis, Microsoft Excel, Financial Modelling