Summer Internship, Asset & Revenue Management, Hybrid, Baltimore HQ Office

Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $80.9 billion and created 1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands all to make home and community places of pride, power and belonging. Join us at enterprisecommunity.org Working at Enterprise At Enterprise, youll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. Youll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where youre valued and supported in your growth journey. Enterprise offers career opportunities in our offices across the country with an exceptional benefits package. Job Description Summary The Intern will assist ECDs Revenue Management team with tasks related to the performance of the companys portfolio of affordable and workforce apartment communities. Primary duties include maintaining processes and follow up related to market rent, renewal rent, utility allowances and other regulatory requirements for 110+ properties. This position will work with external and internal customers and must have strong communication skills, strong quantitative skills, and the ability to read regulatory agreements and governing documents for multi-family real estate ventures. This position will be supervised by the Associate Director, Revenue within the asset management team. This is a Hybrid position which will require 1-2 days onsite at the Baltimore HQ Office in Baltimore, MD. Job Description Assist with all processes related to market rent surveys, market rent analysis and resident rent renewal analysis. Collaborate with the Real Estate Development, Acquisitions, Asset Management and Enterprise Residential staff to assist with analyzing optimum rental income contract terms, income limits and rents for each new acquisition / preservation apartment development. Collaborate with the Real Estate Development and Asset Management departments to determine the optimal Section 8 and rent increase strategies in connection with recapitalization/renovations of existing properties in the portfolio. Assist in the utility allowance determination process. Professionally respond to inter department and inter agency emails. Assist with special projects within Revenue Management. Qualifications: Actively pursuing an undergraduate degree with an interest in community development and affordable housing programs; preferred. Strong verbal communication and business writing skills. Ability to read complex regulations and housing program information and take that information to create informative memos / policies and recommendations for Leadership / Operations Staff to act upon. Strong computer skills with MS Office Suite to include strong Excel skills. Salary Transparency You will be joining a team of talented professionals motivated by serving the community and addressing the need for affordable housing. The pay range for this position is $20.00/hour to $24.00/hour. The salary range represents the low and high end of what may be paid for this position. It is not typical for an individual to be hired at or near the top of the pay range, and compensation decisions may be influenced by a variety of factors, including skills, qualifications, experience, and location. Enterprise Community Partners is a national nonprofit that exists to make a good home possible for the millions of families without one. Home is where life happens, where plans are made and futures begin. The foundation for dignity, health, education, wealth and community. Yet rents keep going up, paychecks dont keep pace, and good homes in strong neighborhoods are increasingly out of reach. The system doesnt work. It must be changed, and it must be changed by us. What We Do Everything we do is informed by the residents we serve: Support community development organizations on the ground Aggregate and invest capital for impact in homes and communities Advance housing policy at every level of government Build and manage communities ourselves Our Goals Together with our partners, we focus on the greatest need the massive shortage of affordable rental homes to achieve three goals: Increase the supply of affordable homes Advance racial equity after decades of systematic racism in housing Strengthen communities to be resilient to the unpredictable and make upward mobility possible Our Impact Since 1982, we have invested $80.9 billion and created 1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands all to make home and community places of pride, power and belonging. We are here for impact. We are here for change. Join us. Enterprise is an Equal Opportunity Employer. We value a diverse workforce and strive to create an inclusive culture. Enterprise encourages and considers applications from all qualified individuals without regard to race, color, religion, gender, sexual orientation, gender identity or expression, age, national origin, marital status, disability, veteran status or any other characteristic protected by applicable law. Enterprise is committed to providing reasonable accommodations for individuals with disabilities to ensure full participation in the interview process and to perform essential job functions. Contact HR@enterprisecommunity.com to learn more. For all general inquiries please contact recruiting@enterprisecommunity.com.