Development Associate - Museum coordinates fundraising, membership campaigns, annual fund, and sponsorship initiatives and events. Conducts grant research and writes proposals. Being a Development Associate - Museum administers correspondence with individual donors, maintains donor databases, and provides statistical reports on developmental activities. Typically requires a bachelor's degree. Additionally, Development Associate - Museum typically reports to a manager or head of a unit/department. The Development Associate - Museum gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Development Associate - Museum typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
SUMMARY
The Real Estate Development Associate works on all aspects of multifamily real estate development from concept design through lease-up while helping to further Knoxville’s Community Development Corporation’s (KCDC’s) mission to provide the highest quality affordable housing in Knoxville. This position performs financial analyses of development opportunities, pursues funding sources and closes real estate transactions. The Associate interfaces with governmental agencies (local, state and federal), lenders, equity partners, consultants, architects, contractors, and KCDC’s executive leadership. The Associate supports KCDC’s role as Redevelopment Agency for the City of Knoxville by providing economic analysis to evaluate various economic development incentives, manage existing redevelopment districts and assist the City of Knoxville on various other redevelopment initiatives.
EDUCATION AND EXPERIENCE
Bachelor’s degree in finance, economics, real estate development, or related field. Requires a minimum of three (3) years of experience in real estate development, government, non-profit agency or related field. Preference may be given to applicants with experience in multi-family housing development, HUD housing programs, or low-income housing tax credits. An equivalent combination of education and experience may be considered.
CERTIFICATES, LICENSES, AND REGISTRATIONS
Tennessee driver's license and ability to be insured under the Authority’s policy.
SUPERVISORY RESPONSIBILITIES
· The Real Estate Development Associate is not a supervisor.
DUTIES:
Conducts financial analysis of development opportunities, including the creation of detailed pro-forma and financial models.
Gathers, manages, and analyzes due diligence materials for potential development opportunities including market data, environmental reports, geotechnical reports, zoning and entitlements.
Identifies and assists in securing various funding sources to complete developments, including Low Income Housing Tax Credits, tax credit equity, tax-exempt bonds, conventional debt, Federal Housing Administration debt, Agency debt, HOME Funds, Housing Trust Funds, Community Development Block Grant Funds, Affordable Housing Program Funds, and other grants and funding sources as needed. Prepares and reviews applications for such sources.
Establishes and maintains productive relationships with lenders, equity partners, lenders, real estate owners, consultants, and representatives from various government agencies including HUD, Tennessee Housing Development Agency, City of Knoxville and Knox County, as well as other key stakeholders.
Makes sound recommendations that comply with legal requirements, regulatory conditions, and governing policies.
Monitors and reports on the status of predevelopment and construction activities for multiple projects and establishing critical timelines and deadlines for tasks and activities related to the proposed transactions, and effectively identifying issues or problems that could otherwise adversely impact closing.
TO BE EFFECTIVE IN THIS ROLE YOU WILL NEED
BENEFITS
Ensuring you rest from work with generous paid time off benefits
Saving you money and preparing you for retirement
Taking care of you and your loved ones
Helping you achieve a healthy lifestyle and work/life balance
Supporting your growth and advancement
Apply on site: https:jobs.kcdc.org
Job Type: Full-time
Pay: $60,000.00 - $75,000.00 per year
Benefits:
Experience level:
Schedule:
Experience:
Ability to Relocate:
Work Location: In person
Clear All
0 Development Associate - Museum jobs found in Knoxville, TN area