2 Center Plz, Suite 700
Company Background: Beacon Communities LLC is a mission-driven for-profit company that develops, owns, and manages affordable and mixed income housing. We own and manage approximately 18,000 apartments across the northeast and have a proud fifty-year history of building and managing award-winning residential communities that serve a diverse cross-section of society and make enduring contributions to the cities and towns where they are located. We are actively developing in Massachusetts, Connecticut, New York, Pennsylvania, Maryland, Ohio, and Virginia. These developments include, among other things, the preservation and renovation of existing affordable housing, the redevelopment of distressed public housing, the adaptive reuse of historic buildings into mixed-income housing, and the new construction of Passive House certified apartment buildings for low income households.
General Statement of Duties: The Development Associate will be responsible for working closely with and assisting Development Directors and senior staff on projects throughout all stages of development. The Development Associate will assist with (1) assessing potential development sites and properties; (2) budgeting and financial analysis, including pro-forma development and cash flow forecasts; (3) securing debt and equity financing, including completing financing applications and supporting financial closings; (4) coordinating with development team members; (5) facilitating the permitting and construction/renovation process; (6) generating Request for Proposal responses and producing other external communications materials; and (7) overall project management.
Through this role, the Development Associate will gain a nuanced working understanding of affordable housing development and preservation by supporting multiple diverse projects through the full development process. The Associate will benefit from Beacon’s culture of learning and development and a supportive atmosphere that rewards independent thinking and encourages personal growth. Beacon looks to hire people with the potential and drive to grow over time into more senior positions.
Location: The associate will be a part of project management teams based out of our Pittsburgh, Albany, and Boston offices. The associate should live close enough to one of the offices to be in the office twice a week.