Real Estate Development Analyst (Affordable Housing)

The Real Estate Development Analyst will support all phases of affordable housing development under the guidance of the Real Estate Development Director.

The role will have a particular focus on market and opportunity research, site feasibility, financial analysis, development pro formas, Florida Housing Finance Corporation (FHFC) programs and RFAs, and other funding applications.

The Analyst will also provide support across the development lifecycle as needed, including due diligence, entitlements, consultant coordination, project tracking, and reporting.

Key Responsibilities

Financial Analysis & Underwriting

• Assist with preliminary underwriting and financial feasibility analysis for potential development opportunities.
• Support the preparation and updating of development pro formas, sources and uses, development budgets, operating assumptions, and other financial analyses.
• Research acquisition costs, comparable developments, rents, operating expenses, and other assumptions used to evaluate project feasibility.
• Assist in identifying key financial risks, funding gaps, and development constraints.

Affordable Housing Finance & Funding Applications

• Research and review FHFC RFAs, LIHTC opportunities, and other affordable housing funding programs.
• Assist in preparing and coordinating funding applications, including LIHTC, HOME, CDBG, SHIP, grants, bonds, and other sources.
• Analyze successful applications and comparable developments to identify funding trends, competitive factors, and development benchmarks.
• Track funding opportunities, application requirements, deadlines, and required documentation.
• Support financing processes by coordinating due diligence, lender and investor requirements, application materials, financing checklists, and closing-related documentation.

Market Research, Acquisitions & Site Feasibility

• Research potential markets and identify development opportunities consistent with NRI’s strategic objectives.
• Assist in evaluating potential sites based on location, zoning, utilities, market conditions, proximity requirements, local resources, and funding availability.
• Conduct preliminary due diligence and feasibility research for potential acquisitions.
• Support outreach to brokers, property owners, local governments, and other potential sources of development opportunities.
• Maintain and update a pipeline of potential projects and sites.

Development Process Support

• Support due diligence activities, including environmental reviews, surveys, title, zoning research, and other predevelopment requirements.
• Assist with entitlement and permitting processes as needed.
• Track project budgets, development and construction schedules, milestones, approvals, and key development requirements.
• Coordinate with architects, engineers, consultants, lenders, government agencies, and other project stakeholders as needed.
• Assist with the review of site plans, development plans, and basic construction documentation as needed.

Minimum Qualifications

• Bachelor’s degree in Real Estate, Urban Planning, Architecture, Finance, Public Administration, Business, or related field.
• 3–5 years of relevant experience in real estate development, affordable housing, acquisitions, underwriting, finance, planning, or a related field.
• Experience with financial analysis, underwriting, development pro formas, or affordable housing funding applications preferred.
• Experience or knowledge of affordable housing development and finance, preferably in Florida, and familiarity with FHFC programs, RFAs, LIHTC, and other affordable housing funding sources strongly preferred.
• Strong research, analytical, organizational, and communication skills.
• Ability to independently research complex development, funding, and market questions and clearly communicate findings and recommendations.
• Strong proficiency in Microsoft Excel and the ability to work with financial models, budgets, and development pro formas.
• Ability to read and interpret site plans and basic construction documents preferred.
• Ability to manage multiple priorities and deadlines with attention to detail and minimal supervision.

PLEASE SEND RESUME AND COVER LETTER TO TAYSSA FRIDA

tfrida@neighborhoodrenaissance.org

OUR FEDERAL TAX ID IS 65-0352279.

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