Development Intern
Company: Century Housing Corporation
Location: Culver City
Posted on: April 18, 2024
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Job Description:
Development Intern, Paid Position Part TimeApplication Deadline:
May 10, 2024Culver City, California 90230 About Us:Century has been
dedicated to the creation of affordable housing in California for
over 26 years. Century Housing Corporation was preceded by The
Century Freeway Housing Program ("CFHP"), a state agency created to
replenish the 3,000 + homes demolished to make way for the Century
Freeway (HWY 105). By 1995 CFHP had completed its court ordered
mandate and was slated to be disbanded with the remaining cash
assets of the agency to be returned to the State's General Fund.
Instead, under the guidance and vision of the late Judge Pregerson,
the CFHP was converted to Century Housing Corporation, a private,
nonprofit entity, to ensure that the assets CFHP was endowed with
would be used to provide affordable housing in perpetuity. As a
result of Judge Pregerson's foresight, Century has cumulatively
invested more than $2 billion in the creation and preservation of
approximately 45,000 affordable homes throughout California.
Century Affordable Development, Inc. ("CADI") is an affiliate of
Century Housing Corporation (together, "Century") that acquires,
develops and operates affordable housing of the highest quality
employing an integrated approach whereby the CADI team provides
development, property management, resident services and resident
engagement within the same organization and in service of the same
Mission. We own over 1,800 affordable and supportive homes with
nearly 2,000 more homes currently in our pipeline. General
Summary:Under the direction of the Vice President & Director of
Housing Development the Development Intern (DI) will perform
professional level tasks in support of affordable housing
developments in CADI's pipeline and to deliver on Century's mission
of investing in homes and communities so that low income
individuals and families may have a dignified living environment,
achieve economic independence, and enjoy healthy and vital places
to live and work. Duties and Responsibilities: Conduct research,
coordinate due diligence, support underwriting efforts leading to
recommendations in the acquisition and predevelopment phases of
development. - Assist with data mining, and responding to RFPs and
RFQs. - Provide support to senior team members on financing
applications including the preparation of select due diligence.
Financing applications to include: grants, residual receipts public
loans, permanent loans, low-income housing tax credit and tax-
exempt bond applications. - Participate in construction site
meetings and assist with owner/ developer action items, as needed.
- Attend workshops and trainings representing the CADI team, take
detailed notes and report back clearly and succinctly. - Support
senior staff by with loan closings, coordinating lenders,
investors, title and other consultants. - Participate in Weekly
Development team meetings. - Other duties and special projects as
assigned.Who Should Apply? Graduate Students interested in
Affordable Housing Development and studying: Architecture, Urban
Planning, Business, Real Estate or other related fields.Students
with a demonstrated interest in social justice, the intricacies and
ramifications of the built environment, public policy and in
particular, outcomes for disenfranchised communities, complex and
nuanced real estate transactions. Students with an appreciation of
what it means to work in service of a mission and a double bottom
line of financial and social outcomes.Students who are problem
solvers, self-motivated, and have great organizational and time
management skills they wish to apply to the production of
affordable housing. - Students possessing Exceptional verbal
communication skills and clear writing ability.Students with
capacity to handle multiple tasks simultaneously in an organized,
efficient, and timely manner and successfully meet deadlines.
Students able to work in a team environment and contribute where
needed. Graduate Students with a Client Project requirement as part
of their Graduate Study are very welcome and CADI will work with
the selected student on deliverables that add value to CADI and
meet Graduate Study Requirements. www.centuryaffordable.org
www.century.org to learn more Learn More about Century Housing and
CADI at:www.century.orgwww.centuryaffordable.org Learn about the
Master Planned Communities that set us apart: Century Villages at
Cabrillo, Long Beachwww.centuryvillages.org Rancho San
Pedrowww.onesanpedro.org West LA Veterans
Collectivewww.westlaveteranscollective.org How to Apply:See all our
employment opportunities at: https://bit.ly/3xoFcWE Apply here or
call Fern Hendrickson, Vice President, Human Resources at (310)
642-2017.Application Deadline: May 10, 2024. Paid Part-Time
Position. Hourly rate $26.00-$27.00 per hour. Expected hours 25-30
per week, Monday-Friday. Employment anticipated to begin by June 1,
2024, and end by September 30, 2024. Open to continuing on a
part-time basis during 2024-2025 school year.Work Location: Culver
City, California 90230Some remote work anticipated.Our organization
is an equal opportunity employer and all qualified applicants will
receive consideration for employment without regard to race, color,
religion, sex, sexual orientation, gender identity, national origin
or Veteran status. Compensation details: 26-27 Hourly
WagePI97bb6092e7b8-25660-34268107
Keywords: Century Housing Corporation, Azusa , Development Intern, Other , Culver City, California
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