Current Openings

 

Job Title: NSP 3 Program Consultant

Reports To: Executive Director

Project Compensation Range: To be negotiated based on overall project deliverable. Will be disbursed based on completion of program milestones.

Purpose of the Job:

The purpose of this job is to primarily coordinate the evaluation, structuring, closing and disposition of all real estate transactions that utilize funds received by the City of Atlanta under the Neighborhood Stabilization Program 3 (NSP 3) created under the Housing & Economic Recovery Act of 2008 – H.R. 3221. This also includes the timely completion of all required documentation for disbursement, compliance, monitoring and reporting associated with the designated NSP 3 grant funds.

Essential Duties and Responsibilities:

o Utilize information provided by the National Community Stabilization Trust, Fannie Mae, Freddie Mac, HUD and all other designated resources to identify property that can be developed or rehabilitated and marketed in compliance with the development programs established by the City of Atlanta – Department of Planning & Community Development, Bureau of Housing.

o Coordinate with the City of Atlanta – Department of Planning & Community Development, Bureau of Housing for the creation and review of appraisals for all subject property.

o Manage the evaluation, negotiation, structuring and closing of all designated real estate transactions.

o Interface with property management vendors either directly or through designated LBA personnel to ensure adequate maintenance of property prior to rehabilitation and disposition.

o Coordinate with the City of Atlanta – Department of Planning & Community Development, Bureau of Housing for the disposition of all acquired properties to designated development partners for rehabilitation and subsequent sale or rental.

o Comply with all existing internal and external processes and procedures to facilitate transactional responsibilities. Develop and modify, as needed, all applicable internal and external processes and procedures to facilitate transactional responsibilities.

o Interface with all applicable sellers and coordinate all written and verbal communications, negotiations, and structuring of all transactions.

o Coordinate the maintenance of all records related to all transactions.

NSP 3 Program Consultant - Job Description October 2011 2

o Assist with preparation of all NSP 3 associated disbursement requests and assist with tracking of all real estate related expenses.

o Serve as primary point of communication for all NSP related transactions between the LBA and the City of Atlanta – Department of Planning & Community Development, Bureau of Housing.

o Perform other related duties as required and instructed by Executive Director.

Qualifications and Knowledge:

o Familiarity with NSP program rules and regulations.

o Familiarity with standard real estate appraisals.

o Knowledge of closing process for the real estate transactions and standard real estate documents and contracts.

o Experience with structuring, negotiating, documenting real estate transactions.

o Proficiency with Microsoft Outlook, Word, Excel, PowerPoint.

o Proficiency with budgeting and expense tracking and reconciliation.

o Effective written and verbal communication skills.

o Effective interpersonal skills.

o Ability to conduct internet research and interface with internet based real estate databases and programs.

Training and Experience Required:

Bachelors Degree from accredited institution.

Five years of direct experience with structuring, negotiating and/or closing real estate transactions.

Must possess a Georgia driver’s license.

Effective Date

October 3, 2011

The Fulton County/City of Atlanta Land Bank Authority is an Equal Opportunity Employer. In compliance with the Americans with Disabilities Act, the Land Bank may provide reasonable accommodations to qualified individuals with disabilities and encourage both prospective and current employees to discuss potential accommodations with the employer.

Contact Info:

Please forward all letters of interest and resume information via email to Christopher Norman, Executive Director, at cnorman@fccalandbank.org.

Deadline for submission is Monday, October 17, 2011, at 10am.

 

 
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