Careers

Evernorth’s staff are skilled, knowledgeable, and committed to developing high quality affordable housing and enabling investments in economic and community development to benefit all northern New Englanders and the communities where they live. Working in partnership with the nonprofit, business, and public sectors, our staff looks for opportunities to maximize our capacity to create positive change.

Evernorth appreciates that its principal asset is its talented staff. We offer a comprehensive and competitive compensation and benefits package to attract and retain members of our team. 

Evernorth has offices located in Burlington, Vermont and Portland, Maine. 

Evernorth is committed to a diverse and inclusive workforce and is an equal opportunity employer.

Current job openings are described below. 

Real Estate Developer

If you want to do meaningful work, like building relationships in communities throughout Vermont, and enjoy Excel as a critical business tool, we’d love to hear from you.

Put your LIHTC real estate development experience to work advancing Evernorth’s mission-based community and affordable housing development efforts.

Manage a group of multi-family residential and mixed-use commercial development projects hands-on from inception to closing at a pace that mitigates risk and maximizes a successful outcome for all involved.

The successful candidate will enjoy both quiet, focused time structuring and overseeing financing, handling related documentation and legal considerations, and collaborating with various community partners, public officials, and a myriad of professionals to inform and facilitate design, permitting, tax-credit financing, and construction activities in the state of Vermont.

With offices in Burlington, Vermont, and Portland, Maine, Evernorth is a nonprofit syndication and development company founded in 1988. We create permanently affordable rental housing and enable investments in economic and community development through partnerships with local organizations, public agencies, and the private sector. We also have a strong commitment to energy efficiency to help address climate change. 

Click here to submit a cover letter and resume to our recruitment partner, Beth Gilpin Consulting, and/or beth@bethgilpin.com if you’d like to schedule an exploratory conversation before deciding whether or not to apply.


KEY RESPONSIBILITIES:

Create and evaluate the feasibility of multifamily housing development opportunities. 

Coordinate and lead preliminary project meetings with potential local partners, prepare pro forma, identify funding sources, and assess financial, permitting and political issues.

Work with a high degree of independence to take the project through the permitting process and apply for public and private financing. 

Negotiate purchase of real estate—both raw land and existing buildings

Hire design teams and supervise project designs, in coordination with Evernorth project manager.

Secure all required local, state and land use permits prior to the start of construction drawings.

Coordinate closely with the Director of Asset Management to prepare project operating budgets that accurately reflect true costs and advise the Senior  VP of Real Estate and the CFO as to interim capital needs.

Work with staff and consultants to lead timely and successful Low Income Housing Tax Credit (LIHTC) partnership construction closings. 

Track projects during construction, meeting regularly with project managers to ensure the project stays on budget and meets the projected tax credit basis and LIHTC delivery projections. Coordinate and problem-solve with project managers on specific design and construction issues.

Through training, develop an expert level of knowledge of Section 42 of the IRS Code (LIHTC) and the Rehabilitation Investment Tax Credit (RITC), partnership tax law,  environmental regulations, Act 250 and local permitting process, and handicap accessibility regulations and/or developments.

Maintain excellent relationships with Evernorth partners and seek opportunities to further improve partner relations.

Work with design team, Efficiency Vermont, and Evernorth project manager and Energy Services to make informed decisions about energy efficient systems and details, and the use of renewable energy.

KEY QUALIFICATIONS:

Bachelor’s degree required, preferably in urban or community planning and development.

Highly skilled in financial analysis and use of Excel.

Experience in real estate development, preferably affordable rental housing.

Familiar with applicable housing and environmental programs and regulations; Act 250 and local permitting process; construction of multifamily housing; federal and state funding programs; and Section 42 of the IRS Code (LIHTC).

Excellent written, verbal, and interpersonal communication skills.

Ability to manage multiple, competing priorities with sensitive timelines.

Rehabilitation Investment Tax Credit (RITC) and aesthetics and design knowledge preferred.

BENEFITS

Medical insurance with H.S.A. contribution

Dental, vision, short- and long-term disability, and life insurance

Flexible spending plan

403(b) with up to 6% contribution

EAP

Wellness benefit

Educational assistance

PTO and holidays

Work location: This position is based out of Evernorth’s Burlington, Vermont office. Due to the pandemic, many employees are working remotely on a part-time basis.

Evernorth is an Equal Opportunity Employer actively encouraging and supporting organization-wide involvement of staff in diversity, equity, and inclusion efforts to educate, inform and advance both internal practices and external work with diverse client populations.