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Development Finance Initiative Graduate Student Fellowship

The Development Finance Initiative (DFI) at the UNC School of Government is seeking

Community Revitalization Fellows

DFI partners with local governments in North Carolina to attract private investment for transformative projects by providing specialized finance and development expertise. DFI partners with communities on projects including master-planned developments, urban infill redevelopment, downtown revitalization, and neighborhood redevelopment. Examples of our active projects include:

  • Site control and master development to create a town center in a fast-growing community
  • Pre-development of a historic building in a large urban downtown setting
  • Fund design and development for acquisition and adaptive reuse of historic commercial corridor
  • Neighborhood revitalization strategy development and implementation in a distressed mill village
  • Affordable housing development in communities impacted by natural disasters

To support our work, DFI offers graduate student fellowships in real estate and community economic development. Applicants should have an interest and experience in real estate development, finance, community economic development, and/or downtown revitalization. Fellows will join multi-disciplinary teams that work with faculty, staff, and local government clients on development projects in North Carolina communities.

Under the guidance and supervision of staff, fellows will develop revitalization plans for distressed buildings, neighborhoods, or targeted redevelopment from work that includes touring local projects; meeting stakeholders; conducting market research; researching and performing due diligence on projects; developing strategies, plans, pro formas; researching best practices; writing blog posts and preparing presentations. Fellows may have the opportunity to present findings to local officials, faculty, staff and other stakeholders. Some in-state travel will be required with possible occasional overnight trips.

Qualifications: Graduate students in planning, business, public administration and/or related disciplines. Experience in real estate development, finance, and/or community economic development preferred. GIS skills helpful.

Compensation: Generous stipend

Intangibles: Mentorship from private real estate development experts, practical project-based experience, exposure to real challenges and opportunities in real communities, opportunity to make a difference.

Term: 15 – 20 hours per week throughout the academic year, 40 hours per week during the summer. Successful applicants may have an opportunity to continue working with DFI until their graduation.

Hiring Timeline: DFI typically conducts the hiring process in February (for summer), August (for fall semester), and November (for spring semester). Contact Sara Cockerham at saraco@sog.unc.edu for more information.

DFI is accepting applications for summer 2021 Fellows now through February 28, 2021. To apply, please send your resume and a cover letter to Sara Cockerham at saraco@sog.unc.edu with “DFI Fellow Application” in the subject line.

The University of North Carolina at Chapel Hill is an Equal Opportunity Employer

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