Job Openings

Senior Associate/Associate

TAG Associates, Inc. is a small consulting firm serving Public Housing Authorities (PHAs) and non-profit clients across the country. We are seeking an individual with experience in the real estate development and affordable housing sectors. The right candidate will have strong financial modeling skills, have knowledge of the regulations and funding programs related to affordable housing development, and be dedicated to the goal of providing safe, decent housing for lower-income individuals and families.

Our core areas of work are:

  • Strategic Portfolio Planning: TAG works with PHAs to identify and develop strategies and opportunities to redevelop, develop or preserve and expand their affordable housing assets. 
  • Real Estate Development: We guide PHAs undertaking development and redevelopment projects on their own or in partnership with private developers. We are involved in all aspects of the development process, from strategy and feasibility analysis, assistance with financial closing and through stabilization of operations.
  • Financial and Regulatory Guidance: We negotiate with financing partners on behalf of Public Housing Authorities and help ensure projects are in line with HUD and Low-Income Tax Credit Program requirements. We review and advise on contracts and agreements to ensure long-term affordability is preserved and Public Housing Authority assets are protected.
  • Asset Management: TAG Associates has been at the forefront of developing asset and site-based management structures that help large and small Housing Authorities in their transition from the traditional public housing management to advanced asset management models used in the management of private market properties. We also perform financial, operational and organizational assessments.

 

We are looking for an affordable housing professional with previous experience working in real estate development, Low Income Housing Tax Credits projects, and related HUD programs. We are accepting applications for either the Senior Associate and Associate position. Senior Associates are directly responsible for final deliverables, client interaction and management, project management, and leading teams of Associates and Research Associates. Associates are directly responsible for major task deliverables and client engagement under the supervision of Project Managers.

 

Required Qualifications – Senior Associate:

  • Master’s Degree. Degree in Real Estate Development, Finance, or Urban Planning preferred.
  • 10 years (or 5 with relevant degree) of professional experience in affordable housing, urban planning, real estate development, or real estate finance.
  • Experience with Low Income Housing Tax Credits and bond financing
  • Familiarity with HUD programs, including the Rental Assistance Demonstration (RAD) program, Project-Based Vouchers and Project-Based Rental Assistance
  • Willingness to travel for work and meet with clients

 

Required Qualifications –Associate:

  • Master’s Degree. Degree in Real Estate Development, Finance, or Urban Planning preferred.
  • 5 years (or 2 with relevant degree) of professional experience in affordable housing, urban planning, real estate development, or real estate finance.
  • Knowledge of public and affordable housing development and policy
  • Willingness to travel for work and meet with clients

Required skills:

  • Ability to generate and analyze proformas, budgets, and financial data.
  • Ability to communicate clearly in writing and orally and collaborate with a range of parties involved in housing development
  • Proficiency in Microsoft Excel

Responsibilities Include:

  • Guiding the project through development milestones in coordination with the client and project partners.
  • Analyzing project feasibility for mixed-finance, projected operating income and expenses, and projected development sources and usesand providing recommendations on financial sources and project structuring.
  • Preparing development pro formas and budgets for affordable housing projects with a range of capital sources and forms of rental assistance.
  • Identifying funding sources and opportunities and working with teams of PHA staff; federal, local, and state officials; lenders and investors; architects, engineers, and sub-consultants; and counsel to creatively and effectively meet underwriting and program requirements.
  • Advising clients on HUD and other regulatory requirements and opportunities.
  • Securing grants, loans, and credits, including Federal Home Loan Bank grants and LIHTCs
  • Evaluating and negotiating terms and financial structuring for projects with lenders, investors and developer partners.
  • Producing reports, memos and presentations summarizing recommendations to clients.
  • Leading strategic planning, operational planning and organizational consulting contracts.
  • Fostering relationships with clients, financing partners and regulatory agencies.

To apply, please send a cover letter and resume to Tara Lines, Resource Manager: tlines@tagassociatesinc.com. Applications without a cover letter will not be considered. Only shortlisted candidates will be contacted.

Salaries are commensurate with experience.

Benefits: Health Insurance, Dental Insurance, PTO, Enrollment in Profit Sharing Program after two years

Location: TAG’s Norwood, MA Office.

Travel: <20%

Covid-19 protocol: Vaccination required

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