Housing Development Officer, PHDC
Posted by Philadelphia Housing Development Corporation (PHDC) on August 16, 2022
The Philadelphia Housing Development Corporation (PHDC), a non-profit organization funded primarily by the City of Philadelphia and the Commonwealth of Pennsylvania, is looking for a Housing Development Officer to join its Community Investment Group.
Under general supervision, this position is responsible for the monitoring, evaluation, and coordination of residential projects included in the PHDC’s housing programs and does related work as required.
PHDC offers a generous benefits package, including:
- Superior health insurance (including prescription, vision, and dental)
- Generous retirement plan
- Life insurance
- Deferred compensation
- Paid vacation and sick time
- And much more!
Essential Functions
- Responsible for underwriting, structuring, and expediting large multifamily rental projects from pre-development activities through construction completion
- Evaluate, review and determine financial feasibility of housing projects with development budgets of up to $50 million dollars through analysis of development budgets and operating proformas
- Review projects to ensure compliance with federal, state, and local financing regulations
- Prepare summary and resolutions for presentation to PHDC Board of Directors
- Review and prepare vouchers for loan disbursements including review of construction AIA forms and soft costs of projects
- Engage and coordinate the work of the project team including related activities of departments and agencies such as housing construction, monitoring, wage compliance, equal opportunity employment, and land disposition.
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