Housing Development Analyst

Grade Level/Salary Range: NC15 / $62,282 – $77,490

Occasional in office work as required

1.      Evaluate and review applications for various state and federal funding, and Federal Low-income Tax Credits

–        Reviews tax credit applications following established practices used by senior analysts and program guidelines for compliance.

–        Performs necessary follow-up to correct errors or deficiencies in development proposals.

–        Reviews proforma such as development costs, rents, operating budgets and funding sources of construction completed projects to ensure financial viability and program compliance to release federal tax forms for investors.

2.      Site and neighborhood evaluations/Site Scoring/Site Visits

–        Performs site visits to verify scoring and site suitability components of proposed developments and reports results to leadership.

–        Compiles information such as site plan, amenities maps and responses included in the Site Scoring Self Evaluation of applications.

–        Confirms distances of proposed sites to eligible amenities using Google Map based on tracking spreadsheet.

3.      Market Study Review

–        Reviews and analyzes market study information such as absorption and capture rates used to determine projected occupancy stabilization of a proposed property in the identified market area.

4.      Provide Technical Assistance

–        Becomes familiar with federal funding requirements to be able to answer developer questions.

–        Provides guidance to external customers about program requirements and application procedures.

5.      Compliance of Local, State and Federal Regulations

–        Stays abreast of tax credit programs by attending conferences and training.

–        Attends training opportunities that may encompass environmental issues.