LEAP Housing
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Development Feasibility Specialist
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LEAP Housing Job Title:
Development Feasibility Specialist Reports To:
CEO Published:
September 2nd, 2025 Status:
Full-time, Salaried, Exempt (Benefits Eligible) Salary Range:
$65,000 - $89,000 depending on experience Location:
Hybrid (Boise office and remote working) To Apply:
Send Resume and cover letter to info@ Overview
LEAP Housing is a Boise-based 501c3 nonprofit dedicated to developing and preserving affordable housing in Idaho. Our vision is to see communities transformed by hope, connection, and stable housing. LEAP is seeking a Feasibility Specialist focused on conducting feasibility studies and reports on potential projects throughout the state. The Specialist will work closely with the CEO and Executive Assistant to meet and exceed the organizations development goals. Success for this position means identifying development projects that are feasible and ready to fund and build. Responsibilities
Financial Analysis and Modeling: Conduct comprehensive financial analyses and feasibility studies to evaluate the viability of affordable housing development projects, including rental and homeownership initiatives as well as Resident Owned Community (ROC) conversions. Develop and maintain financial models, incorporating development costs, operating expenses, financing structures, tax credits, subsidies, and rental income. Analyze and project cash flows, investment returns, and potential risks to assess project feasibility and financial sustainability. Identify and evaluate alternative financing options, tax incentives, grants, and subsidies to maximize project feasibility and affordability. Market Research and Due Diligence: Conduct market research and analysis to assess the demand for affordable housing in target communities, including demographic trends, income benchmarks, rental rates, sales prices, and occupancy rates. Collaborate with the development team to evaluate potential project sites, considering location, market dynamics, zoning regulations, and access to amenities and services. Perform due diligence activities, including reviewing property appraisals, environmental assessments, title reports, and other relevant documents to evaluate potential risks and impacts on project feasibility. Regularly present findings and recommendations succinctly. Proforma Development and Reporting: Prepare accurate and detailed financial proformas, investment summaries, and feasibility reports for internal and external stakeholders. Communicate financial analysis findings and recommendations to management, board members, lenders, investors, and government agencies. Monitor and update proformas throughout the project lifecycle, incorporating changes in development costs, financing terms, and market conditions. Collaboration and Partnership: Collaborate with internal teams, including CEO, development, finance, and asset management, to ensure alignment of project feasibility analysis with organizational goals and objectives. Coordinate with external partners, such as architects, engineers, consultants, and financial institutions, to gather necessary data and incorporate their expertise into feasibility assessments. Build and maintain relationships with municipalities and government agencies, housing authorities, community organizations, and other stakeholders to stay informed about affordable housing policies, funding opportunities, and regulatory changes. Work closely with the CEO and Executive Assistant. Work closely with ROC Program Manager to identify potential communities to be converted. Qualifications
Bachelor's degree in finance, economics, urban planning, real estate, or a related field. Advanced degree preferred. 3-5 years of experience in financial analysis, real estate development, or affordable housing finance. Strong knowledge of affordable housing financing mechanisms, including Low-Income Housing Tax Credits (LIHTC), tax-exempt bonds, grants, and other subsidy programs. Proficiency in financial modeling and analysis, using software such as Excel or specialized real estate financial modeling tools. Understanding of affordable housing development processes, including acquisition, construction, lease-up, and property management. Excellent analytical skills and attention to detail, with the ability to interpret complex financial data and provide meaningful insights. Strong written and verbal communication skills, with the ability to present financial analyses and feasibility reports to diverse audiences. Proficient with computer software, especially Excel and G-Suite Ability to work independently, prioritize tasks, and meet deadlines in a dynamic and fast-paced environment. LEAP is an equal opportunity employer and service provider without regard to race, color, religion, gender, disability, familial status, national origin, sexual orientation, or gender identity of any prospective client, customer, employee, or of the residents of any community. #J-18808-Ljbffr
Development Feasibility Specialist
role at
LEAP Housing Job Title:
Development Feasibility Specialist Reports To:
CEO Published:
September 2nd, 2025 Status:
Full-time, Salaried, Exempt (Benefits Eligible) Salary Range:
$65,000 - $89,000 depending on experience Location:
Hybrid (Boise office and remote working) To Apply:
Send Resume and cover letter to info@ Overview
LEAP Housing is a Boise-based 501c3 nonprofit dedicated to developing and preserving affordable housing in Idaho. Our vision is to see communities transformed by hope, connection, and stable housing. LEAP is seeking a Feasibility Specialist focused on conducting feasibility studies and reports on potential projects throughout the state. The Specialist will work closely with the CEO and Executive Assistant to meet and exceed the organizations development goals. Success for this position means identifying development projects that are feasible and ready to fund and build. Responsibilities
Financial Analysis and Modeling: Conduct comprehensive financial analyses and feasibility studies to evaluate the viability of affordable housing development projects, including rental and homeownership initiatives as well as Resident Owned Community (ROC) conversions. Develop and maintain financial models, incorporating development costs, operating expenses, financing structures, tax credits, subsidies, and rental income. Analyze and project cash flows, investment returns, and potential risks to assess project feasibility and financial sustainability. Identify and evaluate alternative financing options, tax incentives, grants, and subsidies to maximize project feasibility and affordability. Market Research and Due Diligence: Conduct market research and analysis to assess the demand for affordable housing in target communities, including demographic trends, income benchmarks, rental rates, sales prices, and occupancy rates. Collaborate with the development team to evaluate potential project sites, considering location, market dynamics, zoning regulations, and access to amenities and services. Perform due diligence activities, including reviewing property appraisals, environmental assessments, title reports, and other relevant documents to evaluate potential risks and impacts on project feasibility. Regularly present findings and recommendations succinctly. Proforma Development and Reporting: Prepare accurate and detailed financial proformas, investment summaries, and feasibility reports for internal and external stakeholders. Communicate financial analysis findings and recommendations to management, board members, lenders, investors, and government agencies. Monitor and update proformas throughout the project lifecycle, incorporating changes in development costs, financing terms, and market conditions. Collaboration and Partnership: Collaborate with internal teams, including CEO, development, finance, and asset management, to ensure alignment of project feasibility analysis with organizational goals and objectives. Coordinate with external partners, such as architects, engineers, consultants, and financial institutions, to gather necessary data and incorporate their expertise into feasibility assessments. Build and maintain relationships with municipalities and government agencies, housing authorities, community organizations, and other stakeholders to stay informed about affordable housing policies, funding opportunities, and regulatory changes. Work closely with the CEO and Executive Assistant. Work closely with ROC Program Manager to identify potential communities to be converted. Qualifications
Bachelor's degree in finance, economics, urban planning, real estate, or a related field. Advanced degree preferred. 3-5 years of experience in financial analysis, real estate development, or affordable housing finance. Strong knowledge of affordable housing financing mechanisms, including Low-Income Housing Tax Credits (LIHTC), tax-exempt bonds, grants, and other subsidy programs. Proficiency in financial modeling and analysis, using software such as Excel or specialized real estate financial modeling tools. Understanding of affordable housing development processes, including acquisition, construction, lease-up, and property management. Excellent analytical skills and attention to detail, with the ability to interpret complex financial data and provide meaningful insights. Strong written and verbal communication skills, with the ability to present financial analyses and feasibility reports to diverse audiences. Proficient with computer software, especially Excel and G-Suite Ability to work independently, prioritize tasks, and meet deadlines in a dynamic and fast-paced environment. LEAP is an equal opportunity employer and service provider without regard to race, color, religion, gender, disability, familial status, national origin, sexual orientation, or gender identity of any prospective client, customer, employee, or of the residents of any community. #J-18808-Ljbffr