Real Estate Development Intern

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Impact Seven

51-200 employeesFounded 1970Rice Lake, WINon-profit Organizations
Actively hiringPaidRemote-friendlyNon-profit Organizations
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Best applied by Nov 21

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About the role#

This is a full-time, paid internship within the Real Estate Development department. You will work under the mentorship of the Vice President of Real Estate Development to gain hands-on experience across the full lifecycle of multifamily affordable housing projects. The position is limited-term and concludes on May 15, 2028.

What you'll do#

  • Attend team meetings, partner sessions, and community organization gatherings, both remotely and in person.
  • Assist with due diligence, underwriting, and financial analysis for prospective projects.
  • Prepare and submit funding applications to state and local providers.
  • Travel to development sites and construction sites, which may include periodic overnight stays.
  • Participate in formal performance evaluations and self-evaluations against established learning objectives.
  • Gain experience in financial modeling, including project budgets, pro-forma operating statements, and cash flow projections.
  • Learn to score Low-Income Housing Tax Credit projects and observe acquisition pricing discussions.
  • Assist with construction monitoring by tracking expenses against budgets.
  • Support the transition of completed projects from development to property management.
  • Attend relevant industry seminars, conferences, and training sessions.

What you'll need#

  • A bachelor's degree in urban planning, real estate, finance, public administration, or community development.
  • Equivalent coursework, internship, or lived experience demonstrating a strong interest in affordable housing.
  • A genuine commitment to pursuing a career in affordable housing development, community development, or real estate finance.

Location & details#

  • This role is remote and based in Wisconsin.
  • The compensation for this position is $20.00 per hour.

About Impact Seven

Impact Seven is a nonprofit corporation founded in 1970. Based in Rice Lake, Wisconsin, the organization focuses on economic and housing development. It manages over 1400 residential units for families and elderly residents. The company also handles property management and investment services across the state.

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