Project Manager II

$95,000 - $110,000 yearly
  • The Paulsen Group
  • Los Angeles, CA, USA
  • Aug 31, 2022
Full time LIHTC Developer Nonprofit

Job Description

Under the direction of the Director of Housing and Development, the Project Manager is responsible for all activities related to the development of at least three affordable multifamily housing developments.

ESSENTIAL DUTIES

Manage at least one (1) project through the development process. This will consist of processing land use approvals, garnering community support, preparing funding applications, assembling the development team, supervising the design of the project, closing all construction period financing, monitoring construction, coordinating with Asset Management regarding lease-up and occupancy, closing of permanent financing and transitioning the project to Asset Management. Generally, the  Project Manager’s projects will be the more complex and challenging projects within the development group’s pipeline.

Other: 

  • Provide direction and support to the other project managers, as requested.
  • Provide training to Assistant Project Management staff, as needed, to accomplish project related tasks.

SUPERVISORY RESPONSIBILITY 

No supervisory responsibility, though Project Manager will lend expertise and support to project management staff as needed.

POSITION REQUIREMENTS

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this job. Individual abilities may result in some deviation of these guidelines.

To perform effectively in this position, the Project Manager must have:

  • At least four (4) years of project management experience in the development and/or financing of multi-family housing.
  • Knowledge of financing sources available for affordable housing.
  • Have experience in all phases of project management (entitlements, design, funding, construction, and closeout/transfer to Asset Management)
  • Ability to prepare and analyze proforma financials for low income multifamily housing developments.
  • Experience preparing loan, grant and Low Income Housing Tax Credit applications.
  • Ability to coordinate financing closings with various lenders, investors and agencies.
  • Ability to work effectively with peers and public and private lenders.
  • Ability to effectively select and manage project consultants during pre-construction and construction phases.
  • Strong organizational and analytical skills along with problem solving abilities.
  • A valid California Driver’s License and access to reliable transportation.

BASIC QUALIFICATIONS 

  • Bachelor’s degree in urban planning/studies, finance, or real estate development.
  • Four (4) years’ experience as a Project Manager managing low-income housing tax credit projects.
  • Four (4) years’ experience preparing proforma financials for low-income tax credit housing developments.
  • Prepared a minimum of three (3) funding applications for low-income housing tax credit projects.
  • Closed construction financing for at least 1 low-income housing tax credit projects.
  • Ability to lift 30 pounds. (e.g. building and project blueprints)
  • Valid California driver’s license.