Alexandria Housing Development Corporation (AHDC) is a rapidly growing non-profit housing developer, incorporated in 2004 which develops and operates affordable housing properties located within the City of Alexandria, Virginia. AHDC currently owns 184 units among five properties and has another 171 units currently under construction. AHDC’s primary goal is to create and sustain safe, high-quality housing for income-eligible households so they can thrive in the City of Alexandria.
Real Estate Associate
Purpose of Position:
The Real Estate Associate will work with our real estate team and assist in current project development, asset management, and long term real estate development planning.
Major Areas of Accountability:
Assist development team with tasks necessary to acquire, finance, determine project feasibility, construct, and rent up and market new construction and acquisition rehabilitation affordable housing projects
Assist in the completion of applications for financing for affordable projects including LIHTC, Virginia State Housing Trust, tax exempt bond, and City of Alexandria Housing
Assist the real estate team with the submission of necessary due diligence items for project financing, real estate acquisition, project entitlements, and other government approvals
Attend project management and construction meetings as necessary
Assist in the real estate team in the transition of projects from construction to operations
Support the development team with data and analysis pertaining to potential acquisition opportunities, City of Alexandria existing affordable housing stock, and City of Alexandria small area plans and zoning categories
As needed, attend night and/or weekend meetings to obtain project approvals.
Keep track of application submission dates for the various financing sources as well as the regulatory changes to the various funding sources
Other duties as assigned by AHDC Vice President of Real Estate
Level of Education, Experience and Skill Set:
BS/BA in Urban Planning, Real Estate, Business or other relevant discipline;
Well organized, detail oriented, and excellent analytical skills;
Demonstrated experience analyzing local plans, zoning ordinances, and census data;
Two or more years’ experience in related fields
Familiarity with affordable housing
Proven ability to create financial models is a plus
Skilled at performing multiple tasks simultaneously
Strong organizational ability
Strong written and oral communication ability
Job includes some evening and weekend hours.
Salary and Benefits
Commensurate with experience. AHDC has a benefit package that includes medical, dental, vision insurance, and paid timed off
Equal Opportunity Employment
It is the policy of Alexandria Housing Development Corporation that it will operate and conduct business based on merit, qualifications, and competence and employment decisions shall be made without regard to race, color, national origin, sex, age, disability, marital status, sexual orientation, Vietnam-era veteran or special disabled veteran status, genetic information including family medical history, victims of domestic violence, or other status in accordance with applicable federal laws, as well as the state and local laws governing nondiscrimination in employment in each location in which AHDC has offices.
How to apply
Please submit resume and cover letter that details salary requirements to firstname.lastname@example.org. Resumes that do not include a cover letter with salary requirements will not be considered for the position.
AHDC Staff Accountant
Purpose of Position: Reporting to the Director of Finance, the Staff Accountant will assist with the day-to-day financial operations of the parent corporate entity (AHDC) and AHDC affiliated entities. Corporate accounting responsibilities include but are not limited to accounts payable, accounts receivable, treasury management, journal entries, and bank reconciliations.
Daily corporate accounting functions; invoice processing, cash deposit recordings, bank reconciliations. Ensure that all transactions are recorded in the general ledger and sub-ledgers with proper documentation.
Assist with uploading affiliated entity financials into AHDC’s accounting system, Sage Intacct
Work with Asset Management department to ensure that property KPIs are entered into Sage Intacct timely
Assist the Director of Finance with the month-end close, including preparing workpapers and updating audit schedules
Assist Director of Finance with the preparation of monthly and quarterly financial statements in accordance with US GAAP for AHDC and the financial packages for the Board, Investors and Lenders;
Assist the Director of Finance with the budget process, be familiar with the budget, and prepare actual to budget reports for department managers;
Assist the Director of Finance with preparation for the audits/tax returns of AHDC and related entities.
Other duties as assigned
Degree in accounting preferred, prior experience as a bookkeeper will be considered
Real estate, public accounting, affordable housing and/or non-profit experience preferred;
Ability to assume responsibility and follow-up on multiple tasks in an efficient manner;
Strong organizational skills and attention to detail, hardworking and accurate;
Proficiency in Office365 and prior experience with accounting systems
AHDC utilizes Sage Intacct, a cloud ERP financial system, prior experience with Intacct is not necessary but preferred
Salary and Benefits: This is a full-time position that will be paid a salary commensurate with experience.
Equal Opportunity Employment: It is the policy of Alexandria Housing Development Corporation that it will operate and conduct business based on merit, qualifications, and competence and employment decisions shall be made without regard to race, color, national origin, sex, age, disability, marital status, sexual orientation, Vietnam-era veteran or special disabled veteran status, genetic information including family medical history, victims of domestic violence, or other status in accordance with applicable federal laws, as well as the state and local laws governing nondiscrimination in employment in each location in which AHDC has offices.