Overview

DEPARTMENT: Development
JOB TITLE/POSITION: Development Coordinator

SUMMARY OF POSITION

The Development Coordinator will assist the Development Division staff in carrying out the project day to day activities including but not limited to the work associated with the acquisition, financing and development of multi-family, mixed-use and single-family projects with an emphasis on public housing and non-profit partners.  The Development Coordinator will provide management of development projects from concept to stabilization. Success within the position will depend on one’s ability to develop partnerships with property owners, developers, lenders, third party providers, and investors.  Ability to work on several projects simultaneously while providing administrative support to housing development staff is essential. Strong emphasis on working independently as well as in a team.

GENERAL DUTIES AND RESPONSIBILITIES

  • Manage project day to day activities as assigned
  • Promote and ensure BGC core values are in place and subscribed to throughout the division
  • Assist in evaluating project performance regularly to ensure performance measures are met
  • Work with leadership to develop and ensure a successful strategic process is in place
  • Build positive working relationships with BGC clients and ensure customer satisfaction

ESSENTIAL DUTIES

  • Research potential new development opportunities in existing or new market areas related to multi-family, mixed-use or single-family properties
  • Assist in timing related to closings for acquisition, construction, and permanent financing
  • Develop timelines and matrix to track development milestones
  • Oversee project performance through management of development budgets and critical path schedules
  • Research the feasibility of renovation/redevelopment projects.  Tasks include but are not exclusive to researching property ownership, title and liens, zoning, and environmental issues
  • Assist in coordination of third-party professional services, including, but not limited to, surveyors, architects, market analysts, cost estimators, and environmental professionals
  • Assist in preparation of financing applications for affordable housing, mixed-use and market-rate housing developments
  • Coordinate the local approval process for real estate projects such as zoning approval, plan approval and landmarks approval
  • Maintain a database of client and project data
  • Assist in all aspects of project due diligence along with equity and loan closings
  • Participate in project and construction meetings and development finance meetings in order to document meeting minutes and next steps for each project
  • Assist development staff in expanding acquisition or client target list
  • Coordinate property closings with title company and maintain records of each transaction
  • Maintain working knowledge of guidelines, policies, and procedures for state housing finance agencies, HUD, FHLB, RD, and other low-income housing funding partners
  • Knowledge of applicable regulatory and statutory requirement for development in applicable locality
  • Other duties as assigned

QUALIFICATIONS

  • Bachelor’s degree (or equivalent work experience), with a preference in Bachelor of Science/Business Administration, Finance, Accounting, Construction Management; Engineering; Mechanical Engineering; Civil Engineering, Community Planning or other Development related fields
  • Candidates must possess the ability to collaborate effectively with public and private officials during the life of a transaction
  • Excellent writing skills and proficiency in preparing written reports and business correspondence.
  • Excellent oral communication and public speaking skills
  • Resourceful and innovative with an ability to “think on your feet”
  • Working knowledge of guidelines, policies, and procedures for state housing finance agencies, HUD, FHLB, RD, and other low-income housing funding partners
  • Must be proficient in Microsoft Office 365 suite of programs including spreadsheet analysis (Microsoft Excel) and proficient in word processing (Microsoft Word).  Knowledge of Microsoft Access and Microsoft Publisher is a plus.
  • Must be self-motivated, able to work independently to meet objectives with minimal supervision
  • Must possess leadership, team building, and negotiation skills
  • Portray a professional manner and quality in all business interactions
  • Ability to work with people of all racial, ethnic, and economic backgrounds
  • Ability and willingness to attend and provide information at meetings on evenings and weekends
  • Availability and willingness to work flexible schedule including evenings and weekends; local travel and some out-of-town travel required
  • Driver’s license

Preferred Skills and Abilities

  • Familiarity with affordable housing development in the public or non-profit sector
  • Knowledge of public and private affordable housing finance programs
  • Ability to work well independently, but also to appreciate the value of operating within a team
  • High aptitude for problem-solving in complex transactions with multiple parties; an ability to develop creative solutions and successful implement tasks to achieve the desired outcome
  • Organized approach to project management, including a strong attention to detail and the ability to manage multiple tasks simultaneously
  • Wise decision-making capability during time-sensitive and ambiguous situations
  • Highly adaptable to continuous change within a dynamic industry; thrives in seeking innovation and possesses an eagerness to try new approaches for organizational and individual improvement
  • Able to use Google Earth and Mapping software to map sites, QCT, and DDA
  • Strong financial, analytical, communication, and organizational skills

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About BGC Advantage

BGC Advantage is a real estate development company that partners with non-profit and for-profit entities to
acquire, create and rehabilitate affordable housing communities. We specialize in working with Public Housing Authorities to preserve and advance affordable housing through public private partnerships (RAD and Asset Repositioning). It is through these partnerships that we have the best opportunity to not only modernize and enhance aging public housing stock but also increase the number of available units to address the ever-increasing need. We currently have a primarly Southeast footprint of 13 states and are growing rapidly.