Final Job Description: Jack McAdams Job Description (Affordable Housing Intern)
Affordable Housing Asset Management and Acquisitions Intern Do you know the responsibilities of an affordable housing intern? I was not familiar with the tasks that came with the title when I first learned about the position. While the focus of the position sounds self-explanatory, there are aspects of the gig one might not associate with the title. Affordable housing generally falls under multi-family real estate, which involves small and large buildings with multiple rentable units. Chances are you’ve probably lived in a multi-family building. Although affordable housing is a part of multi-family housing, it does vary from traditional multi-family real estate. Affordable housing gives lower income individuals housing opportunities that they can afford. Affordable housing tenants are either given units at a lower market rent rate, or units that comply with the tenant’s housing subsidy. The tenant’s housing voucher can cover a partial amount, or the entire amount, of the ten...