As of the date on which this job advertisement is posted, the Company anticipates that the base hourly range for this role is $25/per hour (undergrad) – $30/per hour (rising senior).
This position is characterized by high initiative, responsibility, accountability, and ability to work congenially with a wide variety of stakeholders, including Blackstone, non-profit organizations, and governmental entities.
Responsibilities
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Provides affordable housing project management support to several Project Managers as needed in connection with various acquisition and rehabilitation transactions, including pro forma analysis, market comparables, due diligence review, project background data collection, and determining funding availability.
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Maintains a working file of updated standard April Housing documents and forms used in resyndication applications.
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Assembles applications for tax-exempt bond and low-income housing tax credit allocations.
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Completes special projects for Head of Preservation, including research on state-level affordable housing preservation tools/initiatives and drafting of white papers.
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Qualified candidates will have course work in any of the following fields of study: architecture, real estate development, finance, planning, economics, urban planning, political science.
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Education in other fields of study would be acceptable combined with interest in affordable housing (development, finance, and/or policy), and/or commercial real estate.
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Minimum GPA of 3.0
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Strong academic record with a genuine interest in affordable housing.
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Ability to work in a full-time capacity for 10 weeks, summer 2025.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers, the California Fair Chance Act and any other applicable city, county, or local ordinances. Good cause exists for a criminal background check because one of the material duties of this position requires access to sensitive financial information, confidential and proprietary information and accordingly requires the candidate to possess a high level of integrity and discretion. The Company faces a significant risk to its business operations or business reputation if a criminal history check is not performed. A criminal history that has a direct, adverse, and negative relationship with these material duties may potentially result in the withdrawal of a conditional offer of employment.