Project Manager

$100,000 - $120,000 yearly
Full time LIHTC Developer Nonprofit

Job Description

Job Description

This position will develop new residential apartment buildings, and remodel and repurpose existing buildings for a nonprofit provider of affordable housing, permanent supportive housing, and interim bridge housing to homeless and low-income families and individuals. The Project Manager is responsible for coordinating and managing all necessary resources through concept development, design, regulatory permitting, construction and final project closeout of assigned development projects. Responsibilities will range from coordination with city and county planning officials, working with development and finance consultants, contracted developers, and general supervision through all aspects of project development, construction and closeout.

The Project Manager will have primary responsibility for the full range of development activities for selected housing and community development projects, including but not limited to managing new projects as well as the refinance and rehabilitation of existing portfolio.  

 SPECIFIC DUTIES

·        Manage all phases of development including: initial financial feasibility analysis, overseeing design development, securing all necessary financing, procuring and contracting with all third party consultants, overseeing construction, overseeing lease up

·        Manage all aspects of financing developments; identify funding sources and complete loan/funding applications (TCAC, CDLAC, LACDC, AHP, HCIDLA, OCCR); secure predevelopment, construction and permanent financing

·        Coordinate with asset management, property management and resident services during predevelopment and construction to ensure smooth tenant relations

·        Manage the construction process; select and negotiate contracts with contractors; monitor construction team

 

MINIMUM QUALIFICATIONS

KNOWLEDGE AND SKILLS

·        Knowledge of key aspects of real estate development and finance, land use and entitlement, property due diligence and acquisition, and site planning and design. Experience with all phases of the development process preferred, preferably with at least three projects taken from concept through completion

·        Familiarity with structuring and negotiating real estate development transactions and affordable housing finance including public subsidies, Low Income Housing Tax Credits and tax-exempt bonds; ability to creatively combine financing tools to leverage housing funds. Experience with acquisition/rehabilitation and portfolio rehabilitation preferred

·        Knowledge of and experience with loan packaging, public and private affordable housing resources, and subsidy programs

·        Ability to initiate and maintain effective and cooperative working relationships with team members, local government agencies, consultants, lenders/investors, and community stakeholders

·        Ability to effectively engage community representatives, including persons with diverse economic and educational backgrounds, in the real estate and community development process

·        Maintain and execute confidential information according to HIPAA standards

·        Obtain and maintain CPR/First Aid Certification

·        Travel is a regular duty for this position and is required 15% of the time

·        Must have and maintain a valid California Driver’s License and insurance

·        Use of a personal vehicle to travel between worksites and other locations will be required

 

Education and Experience

·        Direct experience working in tax credit or affordable housing development

·        BS or BA degree in related fields; direct experience may substitute

·        Preferred 3-5 years of experience in land development, construction, architecture or civil engineering

·        Ability to work well in a team environment

·        Demonstrated ability to plan, organize and prioritize responsibilities in order to consistently meet deadlines

·        Proficiency with Microsoft Word, Excel, PowerPoint, Outlook, and project management software