• Job Description

  Req#: REF552J

  Company Description

  About Abode Communities

  Abode Communities is a nonprofit social enterprise that has been rooted in community development throughout the State of California since 1968. More than an affordable housing provider, our work fosters a culture of housing inclusion by integrating families and individuals with neighborhoods so communities at-large can thrive.

  Job Description

  Under the direction of the SVP, Business Development, the Portfolio Analyst will be responsible for a full range of development activities related to the renovation, rehabilitation, and financial restructuring of properties in Abode Communities’ existing portfolio. The position will support the Senior Vice President, Business Development in analyzing and evaluating property needs and opportunities and coordinating with multiple departments including Architecture, Asset Management, Finance and Property Management.

  • Support portfolio-wide analysis and strategy through data management, researching and tracking financing opportunities, and collaborating with Asset Management and Property Management.
  • Conduct initial financial feasibility analysis for rehabilitation projects, including developing the rehabilitation scope of work in partnership with Asset Management and Property Management divisions.
  • Solicit and analyze consultant proposals during predevelopment and manage consultant scopes of work during each phase of a project’s development;
  • Support the preparation, completion and coordination of grant and loan applications to various private and public funding agencies related to affordable housing and community development projects, with emphasis on rehabilitation;
  • Administer loan closings, in partnership with Real Estate Development staff, including working with attorneys, lenders, investors, and escrow and title companies in the coordination and delivery of due diligence, legal and financial documents;
  • Coordinate, as needed, with Abode Communities’ Finance Department to prepare, maintain and submit funding draws to numerous financial institutions for predevelopment and construction phases of affordable housing rehabilitation projects;
  • Coordinate preparation and/or analysis of real estate documents such as easements, title reports, relocation documentation, utility service applications, etc. Maintain accurate and up to date project files.
  • Provide administrative support to SVP, Business Development and the Business Development Division, such as filing, scanning, photocopying, etc.
  • Special projects as designated by SVP, Business Development

  Qualifications

  Equivalent Education, Experiences, Skills, Knowledge, and Abilities:

  • Minimum bachelor's degree and two-years work experience; graduate degree in related field preferred; OR equivalent years of work experience in urban planning, housing development, real estate development, business, finance or a related field will be considered.
  • Knowledge of local, state and federal housing financing programs, including Low Income Housing Tax Credits (LIHTC), Tax-Exempt Bond financing, and assorted programs administered by local and state agencies such as HCD, LAHD, LACDA, etc.
  • Experience with rehabilitation projects and resyndications, and familiarity with Asset Management a plus.
  • Proficiency with computer programs and spreadsheet software such as Microsoft Excel, Microsoft Word and Microsoft PowerPoint. Ability to read, analyze, and interpret financial reports and legal real estate documents.
  • Strong math and analytical abilities. Ability to conduct financial analysis and prepare project budgets. Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
  • Capacity to handle multiple tasks simultaneously in an organized, efficient and timely manner and successfully meet project deadlines. Excellent organizational, time management and problem-solving skills.
  • Strong verbal communication skills and clear writing ability.
  • Self-starter, able to take initiative, and work well under pressure.
  • Ability to initiate and maintain effective, cooperative working relationships with colleagues, consultants, and development team members.
  • Ability to travel within Abode Communities’ service area.

  Additional Information

  Compensation: $67K-74K

  The salary is commensurate with experience. Benefits include health, dental, vision and life insurance, long-term disability insurance, 401(k) plan with employer match, Flexible Spending Accounts (Health and Dependent Care), company subsidized parking, paid vacation and sick leave, and a work schedule that includes every other Friday off.

  Equal Opportunity Policy
  Abode Communities embraces equal opportunity and diversity is a core value. We define diversity as “Fostering an organizational culture of inclusion, where different experiences and perspectives of those we serve and those with whom we work are respected and valued.” Abode Communities fosters a work environment that is free of discrimination and harassment, whether based on race, national origin, gender, gender expression, religion, ethnic background, age, disability, marital status, sexual orientation, or any other criterion prohibited by applicable federal, state, or local laws. We seek to recruit, develop, and retain talented people from diverse candidate pools. Applications from traditionally underrepresented communities are encouraged.

• About the company

  Creating service-enhanced affordable housing and socially-beneficial community facilities that promote the transformation of underserved communities.

Notice