Make a difference and join the DCA Team! DCA gives employees more to do than merely make a living. We are serious about helping Georgia's families live more abundantly with a greater sense of hope and achievement. If public service, a great environment, and the desire to enrich the lives of others motivate you to do your best work, you should consider joining the DCA Team.

OUR MISSION

To help build strong, vibrant communities.

OUR VISION

For Georgians of today and tomorrow to have the opportunity to live and work in thriving communities.

OUR CULTURE

We are a diverse team of highly competent and committed professionals who strive to help people and communities thrive through technical expertise, innovative thinking, and a passion for making a difference. Team members are at their best when collaborating and supporting each other as they perform challenging and dynamic work

The Georgia Department of Community Affairs (DCA) is seeking a Development Analyst within the Office of Housing Finance.

General Description

The Georgia Department of Community Affairs (DCA) is a state organization dedicated to partnering with communities to help create a climate of success for Georgia's families and businesses. DCA offers a fast-paced, challenging, and dynamic environment that requires attention to detail, pride in quality of work, and the ability to work as a versatile team player.

The Office of Housing Finance is responsible for the allocation, underwriting, construction monitoring, and development monitoring of multifamily properties funded with the Housing Tax Credit across Georgia. Annually, the Office of Housing Finance funds hundreds of millions of dollars for new multifamily developments.

The Development Analyst will report to the Development Manager.

Core Responsibilities

• Certify 4% and 9% Housing Tax Credit Final Allocation Package, ensuring long-term financial health and cost reasonableness, by reviewing:
  • Sources, Uses, and Operating Pro-Formas
  • Limited Partnership Agreements
  • Rental Assistance Contracts
  • Real Estate Contracts
  • Promissory Notes
  • Appraisals
  • Project Concept Changes
• Verify all DCA, state, and federal requirements are satisfied within each Housing Tax Credit property’s cost certification
• Serve as cost certification lead during the 4% and/or 9% Housing Tax Credit 8609 processes
• Assist in the review of Carryover Allocation Letters, Letter of Determinations, Land Use Restrictive Covenants, and Project Concept Changes.
• Collaborate with other teams across the Office of Housing Finance to ensure timely approval of Final Allocation package by minimizing process gaps and delays
• Take part in networking opportunities with the local development community
• Assist in site inspections by periodically visiting projects under development
• Contribute to relevant policy discussions
• Regularly analyze pipeline of developments to better understand market trends or to inform policy development
• Complete other tasks as assigned by the Development Manager, the Office of Housing Finance Director, or the Housing Finance and Development Division Director

Preferred Knowledge, Skills, and Abilities

• Proficiency in Microsoft Word, Excel, Outlook, and Teams
• Professional or education experience in multifamily development and/or underwriting Knowledge of financing used in affordable housing or multifamily development
• Understanding of partnership structures
• Ability to read code, laws, or statute, including but not limited to IRS Section 42
• Ability to identify, analyze, improve, and/or streamline problems and processes
• Ability to perform financial analysis
• Ability to maintain organizational and attention to detail
• Ability to work in a fast-paced environment while remaining adaptable and calm
• Ability to be actively listen and learn from others
• Advanced knowledge of database, programming, or spreadsheet software, including Microsoft Excel, Word, Outlook, Teams
• Skill in oral and written communication

Preferred Qualifications

• Bachelor’s degree in accounting, finance, real estate, or related field from an accredited college or university
• Two years of full-time experience in underwriting, multifamily construction, finance, real estate, accounting, LIHTC development, or relevant policy work

WORKING CONDITIONS (TRAVEL, HOURS, ENVIRONMENT)

This position is currently designated as remote/Telework) position. This position is full time (40 hours per week) and may require occasional overtime. Local periodic travel may be required.

PHYSICAL/SENSORY REQUIREMENTS

Sedentary Work – Ability to exert 10 - 20 pounds of force occasionally, and/or negligible amount of force frequently to lift, carry, push, pull or otherwise move objects. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time.

NOTE: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, age, disability, protected veteran status, or any other characteristic protected by law. All qualified applicants will be considered but may not necessarily receive an interview. Due to the large volume of submissions received by this office, information concerning application and/or interview status cannot be provided. Selected applicants will be contacted for next steps in the interview process. Applicants who are not selected will not receive notification. This position is subject to close at any time once a satisfactory applicant pool has been identified.

DCA is an Equal Opportunity Employer. If you need an accommodation for an interview, please contact the Human Resources Office at (404) 679-4845

Hiring is contingent upon satisfactory results of employment verification, background, criminal records investigation and motor vehicle reports.

This job description does not constitute an employment agreement between the employer and the employee and is subject to change by the employer as the needs of the business and requirement of the job change. This job posting may close at any time upon gaining a sufficient applicant pool from which to select a qualified candidate.

All duties and responsibilities listed are considered to be essential job functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. Marginal functions of the position (those that are incidental to the performance of the job duties) have not been included. However, the omission of specific statements of duties does not exclude them from the position if the work is similar, related, or logical assignment to the position.