Development Associate-Brookline Housing Authority

The Brookline Housing Authority (‘BHA’) seeks a Development Associate to provide general project management support to our talented Redevelopment real estate team. The BHA is a progressive, entrepreneurial public housing authority with a mission is to provide low-income families, seniors and people of all abilities with safe, decent, accessible, and affordable places to live in a community rich with opportunities. 

The Development Associate will work in partnership with the Redevelopment team, other BHA departments, and community and project partners to advance the BHA’s affordable housing agenda through all stages of development. Responsibilities include:  helping to develop and maintain project budgets, assembling financing, competitively procuring and supervising consultants, and communicating with residents, the Town of Brookline and funders. 

Responsibilities:  Essential functions include, but are not limited to, the following areas:    

• Provide general project management support to all members of the real estate team
• Manage monthly requisitions for ongoing redevelopment projects; includes updating of development budgets, tracking sources and uses for LIHTC maximization, and delivering monthly reports to lenders
• Communicate with vendors on all matters relating to invoice collection, processing, and payment of development services
• Plan and implement competitive selection processes to secure third-party due diligence reports, third-party consultants, construction and permanent financing, and equity resources from private and government lenders and investors
• Attend and/or lead project meetings
• Manage third-party consultants to keep projects on schedule
• Conduct resident process    
• Prepare federal, state and local funding applications
• Support Redevelopment Director with initial closings and permanent loan conversions
• Coordinate with property management, resident services, maintenance, finance and leased housing departments to obtain input during predevelopment and construction
• Represent BHA with residents, public officials, funders and other stakeholders
• Assist with recommendations and reporting to Board of Commissioners
• Support all other efforts relating to the BHA’s Preservation Initiative and Redevelopment Program
• Provide additional support, as may be needed from time to time, to assist coworkers and help with special projects.

Minimum Requirements:

• Bachelor’s Degree
• Exposure to financial and real estate concepts through 2+ years of relevant work experience such as planning, project management, financial analysis, or community development.  Master’s degree in related field (real estate, business, or planning) may substitute.
• Ability to effectively communicate in writing and in conversation with team members, senior staff and funders      
• Highly organized and proficient at Microsoft Excel, PowerPoint, Outlook and Word
• Financial and/or quantitative aptitude
• Experience in meeting with local officials and with constituencies from diverse backgrounds    
• Experience with contract administration
• Some exposure to multifamily residential housing development
• Familiarity with Massachusetts affordable housing policies and programs a plus  
• Familiarity with RAD, Section 18 and Section 8 policies and programs a plus
• Experience with the regulatory requirements of public financing for affordable  housing, including Low Income Housing Tax Credits and HUD financing programs        
• Ability to work independently, meet deadlines, manage multiple priorities and solve problems expeditiously
• Ability to work in a team and to contribute actively and appropriately    
• Excellent employment references