Logo of Huzzle

Multifamily Intern - DCRC

Applications are closed

  • Internship
    Full-time
    Off-cycle Internship
  • Architecture & Urban Planning
    Construction & Surveying
  • Chicago

Requirements

  • The intern should have an educational background which includes one of the following areas of study: planning, environmental sciences, architecture, engineering, or construction management.
  • Open to college students (must be an actively enrolled undergraduate or graduate student at the time of applying)

Responsibilities

  • The intern, supporting the Design, Construction & Regulatory team, shall assist in a variety of areas, working on tasks as listed below.
  • Design Compliance Review:
  • Compile and analyze data relative to project design phase milestones.
  • Assist in the evaluation of ALTA surveys for physical characteristics which guide building design.
  • Assist in the interpretation of Phase 1 Environmental Site Assessment (ESA) and geotechnical reports for their impact on site and building design.
  • Review and input historical data into Airtable.
  • Perform other tasks as assigned.
  • Construction Compliance Review:
  • Participate in periodic site visits in tandem with an IHDA Construction Compliance Coordinator.
  • Assist during review of contracts, pay applications, and change orders.
  • Review and input historical data into Airtable.
  • Perform other tasks as assigned.
  • Regulatory Compliance Review:
  • For projects which include modifications to historic structures, assist in the review of documents for submission to the Illinois State Historic Preservation Office.
  • Review and input historical data into Airtable.
  • Perform other tasks as assigned.

Financing the Creation and Preservation of Affordable Housing in Illinois

Real Estate
Industry
201-500
Employees

Mission & Purpose

The Illinois Housing Development Authority (IHDA) finances the creation and preservation of affordable housing in Illinois. IHDA was created by the state legislature in 1967 as a self-supporting agency to finance affordable housing across Illinois. IHDA does not use taxpayer dollars to sustain its operations, although it does administer publicly funded programs on behalf of the state. Since its creation, IHDA has provided more than $15 billion to finance a quarter million affordable homes. IHDA accomplishes its mission through a number of funding sources including the Illinois Affordable Housing Trust Fund, Illinois Affordable Housing Tax Credits, the allocation of federal Low-Income Housing Tax Credits and HOME Investment Partnership funds. IHDA is also a bonding authority and independently sells bonds, based on our strong credit rating of A1/AA-/AA- from Moody’s Investors Service, Standard & Poor’s and Fitch Ratings respectively. We partner with lenders, developers, local government, nonprofits, community groups and others to deliver low-cost financing programs. We provide financial assistance to low- and moderate-income homebuyers and homeowners, offer resources to developers who build or preserve affordable and mixed-income rental housing and provide oversight for hundreds of affordable rental communities across the state.