Real Estate Development Associate

About the Opportunity

Are you ready to jumpstart your career in real estate development with an organization that’s making a real difference? POAH is seeking a motivated and enthusiastic Development Associate to join our Boston-based Real Estate Development team. This entry-level position offers a unique opportunity to be at the heart of the action, supporting Project Managers on a variety of exciting real estate development projects. You'll be involved in every phase of project execution, gaining hands-on experience and a deep understanding of the real estate development process.

At POAH, we value individual growth within a collaborative, team-oriented environment. As a Development Associate, you’ll work across our offices, contributing to projects that make a tangible impact on communities. This role is perfect for someone who is eager to learn, driven to make a difference, and ready to be part of a dynamic team.

Key Responsibilities

• Project Support: Assist Project Managers in gathering and tracking materials for financing applications and proposals, and organize the submission process to ensure deadlines are met.
• Due Diligence: Assemble and manage the due diligence required for construction and permanent loan conversions, including essential documents like organizational records, board resolutions, insurance certificates, and more.
• Data Management: Maintain and update the company database to ensure accurate and timely internal reporting.
• Vendor Coordination: Solicit and track responses from third-party vendors and assist in the creation of contracts.
• Presentation Preparation: Prepare compelling presentation materials for meetings with internal and external stakeholders.
• Team Coordination: Schedule team meetings, track team expenses, and manage reimbursements to keep the team running smoothly.
• Additional Support: Take on other development project-related tasks as requested by team members, ensuring nothing falls through the cracks.

Experience & Knowledge

• Education: Bachelor’s degree in economics, business, mathematics, urban planning, or a related field.
• Experience: Real estate development experience is preferred but not required—training will be provided.

Skills

• Strong teamwork abilities, with the capacity to collaborate with colleagues from diverse backgrounds.
• Excellent communication skills, both in person and in writing, with a wide range of partners including financial, legal, regulatory, design/construction professionals, and property residents.
• Ability to prioritize and manage multiple tasks effectively, meeting deadlines in a fast-paced environment.
• Proficiency in Microsoft Office Suite and data tracking in Excel or similar platforms.
• Exceptional organizational skills and attention to detail.
• Initiative and motivation to work towards POAH’s mission of creating and sustaining affordable housing.

Why Join POAH

• Work at the forefront of affordable housing innovation.
• Collaborate with passionate and dedicated colleagues.
• Competitive salary and comprehensive benefits package.
• Contribute to the betterment of communities nationwide.
• Shape the future of housing policy and finance.

At POAH, we offer:

• Competitive salaries and a comprehensive benefits package, including health and life insurance
• Generous leave programs, including PTO and parental leave
• A 401(k) retirement plan with company match
• Individual professional development budget for every employee
• End-of-year bonuses
• A vibrant company culture
• POAH is currently enjoying a remote hybrid schedule which allows employees to work from home but also requires in-office days. An ability to work a remote hybrid schedule is required of all candidates.

POAH is an Equal Opportunity Employer. Diverse candidates are encouraged to apply.

About the Organization: Preservation of Affordable Housing

Preservation of Affordable Housing (POAH) is a national nonprofit organization whose mission is to preserve, create and sustain affordable, healthy homes that support economic security, racial equity, and access to opportunity for all. POAH owns and operates more than 13,000 affordable homes at more than 130 properties in 11 states and the District of Columbia. POAH is based in Boston with offices in Chicago and Washington D.C.

POAH’s reach is national in scope, and its pursuit of the preservation mission is empowered by a focus on the business bottom line. Its strong reputation is the result of a demonstrated ability to craft complex financial transactions, tackle tough multi-family projects, and close deals that preserve the affordability of at-risk properties. The organization and its leaders are at the forefront of policy and legislative discussions around housing preservation, affordable housing finance and regulatory reform, including energy efficiency in the multifamily sector.

The POAH team is dedicated, creative and passionate. We believe a diverse and inclusive team is a stronger, smarter team, and we actively promote diversity and meaningful inclusion of different perspectives among our board, our staff, our partners, in our procurement of good and services, and at our communities. We understand that addressing structural racism and achieving racial equity are central to the work we do, and we proactively integrate the issue of race in our housing work.