April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, April Housing is the asset management business that oversees Blackstone's affordable housing and LIHTC portfolio. April oversees a portfolio of over 85,000 affordable housing units in approximately 650 communities. April Housing seeks to preserve critical affordable housing stock while providing best in class management and high-quality housing. April is committed to being a fair, transparent, and responsible owner.
April Housing’s long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential Operations.
In its pursuit of excellence, April Housing is looking for individuals who share in its mission to provide high-quality housing to affordable residents.
As of the date on which this job advertisement is posted, the Company anticipates that the base hourly range for this role is $25/per hour (undergrad) - $30/per hour (rising senior).
This position is characterized by high initiative, responsibility, accountability, and ability to work congenially with a wide variety of stakeholders, including Blackstone, non-profit organizations, and governmental entities.
Provides affordable housing project management support to several Project Managers as needed in connection with various acquisition and rehabilitation transactions, including pro forma analysis, market comparables, due diligence review, project background data collection, and determining funding availability.
Maintains a working file of updated standard April Housing documents and forms used in resyndication applications.
Assembles applications for tax-exempt bond and low-income housing tax credit allocations.
Completes special projects for Head of Preservation, including research on state-level affordable housing preservation tools/initiatives and drafting of white papers.
Qualified candidates will have course work in any of the following fields of study: architecture, real estate development, finance, planning, economics, urban planning, political science.
Education in other fields of study would be acceptable combined with interest in affordable housing (development, finance, and/or policy), and/or commercial real estate.
The Company is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email firstname.lastname@example.org.