Join Our Team

 

  • Revere Community Engagement Manager

  • Accountant

  • CONNECT Intake & Public Benefits Internship


Senior Vice President of Real Estate

OppCo is seeking a Senior Vice President of Real Estate (SVP of Real Estate) to provide strategic and development expertise for real estate projects serving partner communities.  OppCo partners build stable homes within great neighborhoods, which serve as a foundation for thriving families and individuals. Our homes and neighborhoods promote healthy families as well as work, economic, and educational success.  OppCo supports partners’ capacity to undertake diverse and complex real estate projects that expand the supply of housing and help build thriving communities.

The Senior Vice President of Real Estate is responsible for strategic, administrative and operational leadership for real estate development work undertaken by OppCo and its partner organizations in their home communities.

Strategically, the SVP will lead the work to leverage the OppCo platform to expand opportunities to meet the pressing demand for affordable and workforce housing, considering scale, capital, including ways to leverage partner’s financial strength, diversifying development types, asset management and cross-partner developments.  The SVP will serve as a member of the OppCo leadership team, supporting work to expand capacity, efficiency and learning, and to recruit new members, and work closely with the Real Estate Directors of OppCo’s members.

The SVP supervises real estate staff to maintain an active development pipeline and ensure high-quality mission-driven projects are delivered on time and on budget, sustained by effective asset management, and with consistent and profitable results. The SVP’s goal is to create the right balance between efficiency (time and money) and mission impact, seeking to drive down development and operating costs, while producing projects that further the mission of creating livable thriving communities with opportunities for all residents.  Affordable and market-rate housing forms the core of work, but partners also undertake other commercial projects.

Essential Job Functions and Responsibilities:

  • Grow real estate pipelines by diversifying the financial models and types of developments that local community development organizations are accustomed to, in order to meet community needs for housing and commercial uses, expand the agency’s portfolio, and generate revenue for the agency’s annual operating budget.

  • Create models and make recommendations on ways to leverage capital, including partners’ equity, to support real estate development.

  • Supervise and provide guidance to directors of real estate through all phases of real estate development in order to produce developments on time and on budget, with strong operating performance for rental properties over time.

  • Work closely with asset management to update and refine, as needed, OppCo’s systems for managing phases of a development’s life cycle, in order to deliver consistently high-quality homes and commercial space.

  • Identify and assess ways to improve efficiency and capacity, including expanding the real estate team with staff who might serve all partners, e.g. construction manager or closing paralegal.

  • Report regularly to OppCo’s CEO and Development Committee on the expansion of partners’ real estate work, feasibility analysis of potential projects, and the progress and risk management of ongoing projects.

  • Assist with the recruitment of new partners or clients to join OppCo, with a focus on the benefits for real estate development.

  • Develop and cultivate relationships with key stakeholders, with a particular focus on funders, investors, and policymakers who will help support and advance pipeline.

  • Develop and cultivate relationships with key vendors to bring expertise to our team, while holding vendors to a high standard.

  • Advocate for housing policies that will help make projects more feasible.

  • Prepare multi-year cash flow and expense analysis, for the OppCo Finance Department’s budget planning.

  • As part of the senior management team, prepare OppCo’s annual and five-year strategic plans for real estate development, coordinating with each CDC’s preparation of its own plans.

  • Participate in regular meetings on asset management of member CDCs’ portfolios, collaborating with property, asset and resident services managers, and strengthening the loop of information from operations that informs development.

Other Non-Essential Functions

  • Actively participate in OppCo’s senior leadership team.

  • Participate in relevant industry forums and committees, such as CHAPA, MACDC, or ULI, to stay current with the field, and increase visibility for OppCo.

  • Undertake initiatives that will further the organization’s mission and departmental goals.

  • Attend networking events on behalf of OppCo and its member CDCs.

  • Play a key role in the representation of OppCo and its member CDCs to the community, funders, investors, elected officials, and other key stakeholders

  • Perform other duties as needed as part of senior management team of OppCo.

Qualifications and Competencies

  • Must have a thorough understanding of real estate development, including familiarity with regulatory process, deal structuring, finance, design and construction management, and the ability to expand the scale of the real estate company’s business, in order to supervise real estate directors, assist with risk management and help make key decisions on individual developments.

  • Experience with Low Income Housing Tax Credits and other affordable housing funding sources, and in other types of development, such as residential homeownership, community centers and a range of commercial uses.

  • Strong critical-thinking, negotiating, problem-solving and decision-making skills; ability to apply strong business skills and judgment to complex and diverse situations.

  • Ability to work well independently and as a team member, developing and sustaining relationships with a range of partners.

  • Demonstrated strong cultural competence and ability to work in a diverse community. Experience working with low-income families, seniors and non-elderly disabled people. Prefer aptitude and interest in outreach/organizing, neighborhood planning, and community development.

  • A commitment to equitable community development principles and outcomes.

  • Strong work ethic, and a good sense of humor.

  • Prefer experienced in managing more than one department at a time, and aligning departments’ work to meet the central goals of the agency.

  • Bi-lingual language skills are desirable; prior personal or professional experience in one or more partners’ geographic areas is a valuable asset.

  • Bachelor’s degree and a minimum of 15 years of experience in development or financing of affordable housing; Master’s degree in planning, real estate, or related field preferred and may substitute for up to 5 years of experience.

  • Excellent verbal and written communication skills; ability to interact with all staff levels within the organization.

  • Proficiency with MS Excel, PowerPoint, Word required. Knowledge of SalesForce or similar program, and Adobe Design programs, is preferred.

  • Willingness to work a flexible schedule, including nights and weekends.

Physical Requirements

  • Ability to navigate an active construction site safely.

The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Qualification Requirements:

To perform this job successfully, an individual must be able to perform each essential function in a satisfactory manner. The requirements listed above are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


Revere Community Engagement Manager

OppCo is hiring a full time Community Engagement Manager (CE Manger) to lead the community engagement efforts of The Neighborhood Developers (TND) in Revere.  TND’s Community Engagement/Collective Impact program builds social capital by fostering person-to-person and people-to-place relationships, develops the skill and will of resident leaders to take on leadership roles at TND and in their community, encourages civic engagement in order to build neighborhoods of choice where neighbors have elevated community standards and a sense of efficacy, and promotes approaches and policies that stop displacement and preserve economic, social, ethnic, and racial diversity.

The CE Manager will be a flexible self-starter, working with a network of engaged and empowered residents in Revere. S/he will be a “people person,” excited to bring people together and will make connections between residents to broaden and deepen the network, support local priorities, and identify and develop leaders who carry out the work of improving neighborhoods without displacement. The CE Manager will also staff the Revere Community Committee, a resident group working to improve quality of life in Revere’s Shirley Avenue neighborhood, through ongoing outreach, resident leadership development, and administrative support. The CE Manager will also be managing neighborhood improvement and placemaking projects identified through our work with residents and stakeholders.  In general, this staff member will work to engage residents, support local advocacy, and manage projects that are related to the improvement of the quality of life in Revere. This position has a flexible schedule and requires evening and weekend work and local and regional and sometimes national travel.

Job Requirements:

  • A commitment to the mission of OppCo and TND

  • 3-5 years community organizing, outreach, or equivalent experience

  • Ideally, prior experience and/or familiarity with one or more of the following: (1) affordable housing development,   (2) placemaking, (3) community planning , (4) project management , (5) equitable neighborhood planning , and (6) public space design and construction

  • College graduate or equivalent experience

  • Proven experience building trusting relationships across race, ethnicity, class, and generation

  • Understanding of and/or experience working with government systems

  • Bilingual English-Spanish, English-Khmer, and/or English-Arabic

  • Demonstrated ability to work independently and as part of a team, committed to the larger whole

  • Responsible, self-motivated, and able to carry out and prioritize multiple ongoing projects

  • Genuine enthusiasm for meeting, motivating, and involving people in community activities and developing collaborative community and municipal partnerships.

  • Excellent oral and written communication and facilitation skills, warm and engaging presence

  • Skillful organizer with demonstrated initiative for problem-solving

  • Strong work ethic, a good sense of humor, and a commitment to social justice

  • Computer skills and MS Office proficiency required

We offer competitive compensation and good benefits. Send a cover letter and a copy of your resume to personnel@tndinc.org .  We are an Equal Opportunity Employer and consider qualified applicants for employment regardless of expression, age, color, religion, disability, veteran status, sexual orientation or any other protected class.



Accountant

Opportunity Communities LLC partners with Nuestra Comunidad Development Corporation and The Neighborhood Developers, Inc., to provide stable homes within great neighborhoods, which serve as a foundation for thriving families and individuals.  Our homes and neighborhoods promote healthy families as well as work, economic, and educational success. This opportunity will intrigue the accountant who is interested in being part of a start up operation while within the environment of two CDC’s who have both been in business for 35 and 40 years respectively.

The Accountant is responsible for overseeing the accounting and reporting for Nuestra Comunidad, and its related entities, including cash, preparation of account reconciliations, to ensure that all transactions are prepared in a timely manner. This position requires a strong working knowledge of generally accepted accounting principles, real estate development accounting, familiarity with the OMB Super Circular, and a high degree of interaction with the real estate team, vendors and funders.  

This position requires close coordination with department managers and Opp Co accounting. This position possesses the willingness to assume additional responsibilities, is organized, detail oriented, able to work collaboratively and solve routine problems independently. This position makes recommendations for improvements in efficiencies in internal control processes.

Essential Responsibilities:

General Ledger/Financial Reporting

  • Prepare and process monthly journal entries. Produce timely monthly financials by 1) reviewing general ledger activity, (2) calculating monthly accruals and prepayments, (3) posting all journal entries and (4) compiling, reviewing, consolidating wholly owned, and distributing final monthly reporting packages for the relevant companies.

  • Ensure that monthly income statements reflect budget, actual and variance amounts.  Identify significant variances and research explanations for variances. Create and maintain supporting schedules and analyses and reconciliations of balance sheet accounts including reconciliation of intercompany balances.

  • Support and assist the external accounting/audit firms with year-end requirements, ensuring that all audit requested schedules and workpapers are prepared in accordance with agreed upon audit schedule; assist with financial statements and tax returns. Prepare miscellaneous financial reports for various funding agencies, etc.

Banking/Treasury

  • Prepare and process cash transfers as needed. Maintain line of credit activity reports; calculate and post applicable interest on a monthly basis.

  • Monitor daily cash balances for significant bank accounts and prepare cash flow forecasts.

  • Provide assistance and support on treasury management and cash flow reporting.

Real Estate

  • Maintain real estate development set of books.  Maintain schedule and provide information and reporting to auditors for related cost certification process. Assist auditors during the cost certification process.

Grants

  • Working with OppCo and its affiliated members, program directors and resource development personnel, participate in developing potential grant budgets, and once awarded, prepare, track, and monitor invoices for foundation, federal and state grants. Ascertain validity of expenses that should be included in invoice submissions. Provide reports and support to various funders substantiating amounts invoiced.

Budgeting/Forecasting

  • Assist in the preparation of the annual budget in consultation with the Chief Financial Officer.

  • Assist program directors and managers with the preparation of the budgets.

General Accounting Support/Administration

  • Oversee management of all CDC leases, contracts and financial commitments with facility lessor.

  • Manage document retention policies and retention.

  • Provide operational support regarding accounting and finance-related matters to program teams.

  • Assist in the development of departmental policies and procedures.

  • Identify opportunities to streamline existing processes, focusing upon enhancing efficiencies with the Finance team as well as within the CDC.

Implementation Project

  • Work with Opp Co to establish a comprehensive set of efficient, streamlined processes, reporting and implementing new budgeting system across all member organizations.

Qualifications

  • 5- 7 years of progressive accounting experience required.

  • Bachelor’s degree in Accounting or Finance required.

  • Familiarity with real estate development in a non-profit setting desired.

  • Experience working with SAGE 50 preferred.

  • Previous experience with month end closing and reporting.

  • Knowledge and experience working with GAAP, A-133 audits and familiarity with OMB Super Circular

  • Grants management experience as it relates to compliance and reporting of government, corporate, and foundation grants preferred

  • Detail oriented team player, accurate, having ability to solve problems

  • Strong time management skills to handle multiple tasks and effectively prioritize workload

  • Proactive and strategic thinker who enjoys creating and improving systems and processes

We offer competitive compensation and good benefits. Send a cover letter and a copy of your resume to personnel@tndinc.org .  We are an Equal Opportunity Employer and consider qualified applicants for employment regardless of expression, age, color, religion, disability, veteran status, sexual orientation or any other protected class.


CONNECT Intake & Public Benefits Internship

The Neighborhood Developers, Inc. (TND) creates vibrant neighborhoods where people from all walks of life can thrive. Focused in Chelsea and Revere, TND has crafted a remarkable track record of success through investments that are conceived, designed, and fostered by neighborhood residents, municipal partners, and many stakeholders. TND brings its core strengths -- building homes, engaging neighbors, and fostering economic mobility -- to community partnerships that create thriving families and strong neighborhoods. TND created and supports the CONNECT Financial Opportunity Center that co-locates and integrates the services of five agencies working together to improve the financial mobility of 4,000 clients annually.

Based at the CONNECT office in Chelsea, the Intake & Public Benefits intern will work one-on-one to help families apply for SNAP (Supplemental Nutrition Assistance Program, formerly called food stamps), MassHealth, and WIC benefits. These public benefits  have proven antipoverty impacts for low income families and provide an important safety net. Each of these public benefits provides clients with a significant increase to their monthly income, but many of CONNECT’s clients are missing out on accessing these benefits due to systemic barriers in the application process, stigma associated with participation in government programs, or lack of awareness of eligibility. The Public Benefits intern will help eliminate barriers to financial stability among CONNECT’s low-income constituency through providing application assistance and case management support throughout the entire application process.  The intern will help families to submit applications for benefits, collect required documentation, and navigate the complicated application process. Additional responsibilities include participating in bi-weekly core services staff meetings, providing an orientation of other services to clients, completing intake forms, calling the DTA and MassHealth customer assistance lines to help resolve client cases, and creating referrals to other services. Other tasks and activities may be added, based on the intern’s interests and organizational need.

This position is a good match for you if you like working directly with families, are bilingual (English and Spanish), have a high attention to detail, and can advocate for others. You’ll find that no two cases are the same, so this position requires creativity and flexibility in figuring out how to best help each client. The position also requires a high level of responsibility and ability to work independently.

We are looking to fill multiple intern positions and will fill the positions on a rolling basis. The ideal candidate can commit to a minimum of 10 hours a week. The schedule is flexible, and will be determined based on your availability and program need.

For more information, please contact Stefanie Shull, Program Director:
sshull@tndinc.org 617-889-1375


Become a Member

If you are just looking to get involved in a more general way, become a TND Member. The Neighborhood Developers relies on members like you! As a community organization, membership is a crucial part of TND’s mission to strengthen our neighborhoods-and that can only be done with your help. Sign up to be a member today and get exclusive access to members-only events, newsletters and updates on community happenings that effect you and your neighborhood! For more questions contact Melissa Walsh at 617-889-1375 x 34 or mwalsh@tndinc.org.

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