Development Associate

Newport Beach, CA
Full Time
Entry Level

At Community Development Partners (CDP), we are deeply proud of our track record of providing award-winning solutions to housing. We work every day to achieve our mission of creating life-enhancing affordable housing that transcends the fundamental goal of providing high quality homes by building innovative and sustainable developments with a focus on long-term community engagement. As a mission-driven certified B Corp, we are unique in our field as a for-profit developer that leads with our impact goals. Since our inception in 2012, we have built a portfolio of nearly 3,000 homes with another 1,000 in our pipeline, amounting to over $1.2 billion in total development costs.

Sure, that’s what we do, and we are passionately committed to it, but equally as important is who we are as a team. We believe in forward progress, continuous collaboration, authentic connection, and mixing it all up with a healthy dose of fun. We are a hybrid team, which means you get the best of both worlds – in-person connection and collaboration while in the office, and quiet focus-time while at home. As an Equal Opportunity Employer, we offer a full suite of benefits that includes highly subsidized insurance, retirement plan with matching contributions, a sabbatical program, weekly team lunches, cell phone reimbursement, and more.

We’re looking for a new Development Associate to join our Development team in our Newport Beach office. As our Development Associate, you will continue to learn the ins-and-outs of multi-family development and affordable housing, ultimately leading your own development projects.

About the role:
  • Providing general administrative and clerical support for the Development department.
  • Preparing internal research and reports, including investment committee memos and development briefs. 
  • Assisting in development and management of overall project budget and financing. 
  • Assisting in tracking project schedules and escrow timelines. 
  • Assisting in preparing and submitting funding applications. 
  • Assist with analyzing potential development sites. 
  • Evaluation of financial feasibility and preparation of underwriting and finance plans for development.
  • Ordering third party due diligence. 
  • Assisting in oversight of internal and third-party project team members and project lenders/funders.
  • Assisting project close-out requirements with funders. 
  • Additional projects, initiatives and responsibilities as assigned.

If the following describes you, we want to hear from you:
  • Thorough understanding of MS Office and Google Workspace, and proficient knowledge of MS Excel. 
  • Ability to work successfully both independently and with others, building professional working relationships with co-workers, non-profits and service partners that are based on mutual trust and respect.
  • Strong written and verbal communication skills (in English), allowing for clear and succinct communication in a variety of settings (phone, in-person and email), and with people of various backgrounds and levels, both internally and externally.
  • Ability to learn new technology and new concepts easily when tackling problems and assigned tasks, including digital tools and programs, industry lingo, and industry knowledge.
  • A strong customer focus, with dedication to meeting the expectations, needs and requirements of internal and external partners, residents, and community members, successfully gaining their trust and respect.
  • Strong planning and organizing skills, with the ability to work on multiple projects simultaneously and while adhering to deadlines.
  • Strong analytical skills with great attention to detail.

Minimum Qualifications:
  • Bachelor's degree in business, finance, or a related field. 
  • Minimum two years of experience in the real estate, finance, or construction industry, focused on housing, project management, multi-family development, asset management, or financial analysis.
  • Knowledge of, and experience with, affordable housing development preferred.

The salary range for this position is $65,000-$95,000.

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