Job description
Standard Enterprises Inc has an immediate opening for a Development Project Coordinator in the Monroe, La area!
We are looking for someone proficient in real estate transaction and prefer someone with LIHTC experience! Other responsibilities and requirements are listed below. If you are qualified and would like to be considered for the position please submit your resume here. You may also complete an application on our company website linked below.
*Pay depends on experience*
Responsibilities
- Coordinate and oversee project development.
- Verify potential development site is suitable for low-income housing. (i.e. Located in QCT, has proper zoning etc.)
- Draft land contracts and negotiate sales price on behalf of SEI.
- Ensure execution of land contracts.
- Suggest and compose potential site layouts.
- Obtain all required governmental documents needed to submit an application for low income housing tax credits.
- Compose and verify completeness of applications for low income housing tax credits.
- Initiate communication and monitor progress with engineers, surveyors, architects etc.
- Order and review Phase one environmental report.
- Order soil reports.
- Ensure contractors submits plans for bidding in a timely manner.
- Complete and submit Due Diligence required by investors, syndicators and permanent loan companies.
- Assist and/or obtain all governmental permits needed for the construction process of new projects.
- Submit monthly pay request to banks and syndicators to ensure timely payment to Equity Construction and other vendors.
- Communicate with investors and lenders to obtain financing sources for developments and other various projects.
- Review and negotiate partnership agreements between the investor, financial lenders and Standard Enterprises, Inc.
- Monitor construction progress and ensure proper delivery of units to satisfy investor’s credit delivery expectations
- Representation/presentation of development projects to public bodies.
- When asked, assist in other departments throughout the company.
Requirements
- High School Diploma or equivalent
- Bachelor’s degree or adequate experience in lieu of degree
- Computer literacy, including experience in word processing and Microsoft Suite
- Proficient in Real Estate and Development; preferably LIHTC experience
- Good written and verbal communications kills and strong organizational skills
- Working knowledge of HUD, Section 8, Tax Credit, Fair Housing regulations a plus
- Detail oriented; knowledge of preparing and processing legal documents desirable
Job Type: Full-time
Pay: $2.00 - $4.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Professional development assistance
- Referral program
- Retirement plan
- Vision insurance
Schedule:
- 8 hour shift
Education:
- Bachelor's (Preferred)
Experience:
- Development: 1 year (Preferred)
- Project Management: 1 year (Preferred)
Work Location: In person
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