Development Associate

Meta Housing is a California affordable housing developer with a long track record of successfully building and operating high quality new-construction multifamily communities. We specialize in LIHTC/affordable housing, and are known for executing challenging projects, developing innovative financing solutions, and maintaining an exceptional reputation with our industry partners.

We are seeking an exceptional Development Associate (DA) to join our Development Team. Our team is highly collaborative, and DAs manage components of projects under the general direction of senior development personnel and is expected to exercise discretion and independent judgment in carrying out assigned responsibilities. This is a unique opportunity to work on complex new construction LIHTC projects with an industry leader, while collaborating with a talented team that enjoys solving challenging problems together.

Primary Duties

• Manage assigned aspects of multiple real estate development projects from predevelopment through construction, lease-up, stabilization, and permanent financing conversion.
• Analyze project financial information, including development budgets, financing assumptions, sources and uses, operating projections, and development pro formas; identify issues and recommend appropriate actions.
• Coordinate and evaluate the work and deliverables of architects, engineers, contractors, attorneys, property managers, lenders, investors, consultants, and governmental agencies.
• Assist in developing and implementing project schedules, financing strategies, development plans, and solutions to project issues; independently prioritize and manage assigned workstreams and deadlines.
• Prepare, review, and coordinate LIHTC, tax-exempt bond, and other public financing applications, including evaluating program requirements, scoring criteria, financing conditions, and regulatory obligations.
• Review and analyze due diligence, entitlement, design, permitting, construction, financing, and regulatory matters and make recommendations to senior development personnel.
• Participate substantively in financing transactions and closings, construction administration, lease-up, project stabilization, and permanent loan conversion.
• Monitor project budgets, schedules, financing requirements, regulatory commitments, and other material project obligations; identify significant variances or risks and recommend corrective action.
• Represent the Company, within delegated authority, in communications and meetings with consultants, governmental agencies, lenders, investors, contractors, property managers, and other project participants.

Secondary Duties

• Conduct research and analysis regarding development opportunities, affordable housing programs, regulations, financing alternatives, and other project matters.
• Prepare project reports, analyses, presentations, correspondence, and recommendations for management.
• Review and process project contracts, invoices, funding requests, and other development documentation.
• Maintain appropriate project records and internal tracking systems.
• Participate in site visits, inspections, public hearings, agency meetings, and other project-related activities.
• Perform other professional, administrative, and development-related duties consistent with the position as assigned.

Who We're Looking For

• High-performing professionals who want to build a career in real estate development and affordable housing.
• Experience in real estate is desired but not required.
• Financial and analytical skills desired but not required.
• Excellent judgment, communication, and problem-solving skills.
• High levels of initiative, ownership, intellectual curiosity, attention to detail, self-drive, and personal accountability.
• A collaborative approach and desire to contribute to a high-performing team.
• 1-3 years working in a professional capacity

Why Join Meta Housing

• Exceptional projects: Work across a diverse portfolio of large-scale, ground-up affordable housing developments with sophisticated capital structures and challenging development issues.
• Sophisticated development: Work with a team known for creative solutions to difficult development and LIHTC financing challenges.
• Strong platform: Join an established, successful, and highly respected developer with a growing pipeline.
• Compensation & benefits: Base salary of $80-95,000 base salary + annual bonus, comprehensive benefits, and a generous vacation policy.
• Flexibility: A flexible hybrid work environment that combines the benefits of in-person collaboration with the ability to work remotely.
• Long-term opportunity: We invest in exceptional people and want them to build long-term careers with the Company, with opportunities for increasing responsibility, advancement, and additional rewards as the Company grows.

Position and compensation will be determined based on the successful candidate's experience, capabilities, and demonstrated track record.

Equal Employment Opportunity

Meta Development Partners is an equal-opportunity employer. We prohibit discrimination and harassment of any kind and afford equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law. At MDP we conform to the spirit and the letter of all applicable laws and regulations.Requirements added by the job poster