Weingart Center Association
The Weingart Center, established in 1983, operates a 623-bed transitional and shelter housing facility in the Skid Row neighborhood of Los Angeles. The mission of the Weingart Center (WCA) is to empower and transform lives by delivering innovative solutions to break the cycle of homelessness. As one of the best comprehensive human services organizations in the western United States, we are committed to establishing a world in which all people have and maintain a high-quality productive life.
WCA has embarked on an ambitious effort to expand the range of housing and services it provides by building affordable permanent supportive housing. WCA currently has multiple developments in the pipeline and is looking to expand the housing and real estate development team.
Summary: Under the direction of the Director, Real Estate Development, the Project Manager will coordinate and direct a full range of real estate development activities to manage the financing, construction, and lease-up processes of new construction and rehabilitation projects that produce permanent supportive housing.
Responsibilities: The following reflects management’s definition of essential functions for this job but does not restrict the tasks that may be assigned. Management may assign or reassign duties and responsibilities to this job at any time due to reasonable accommodation or other reasons. Reasonable accommodations may be made to enable individuals with disabilities to perform essential job functions.
- Manage and direct all phases of a project’s development, including:
- Site acquisition and initial feasibility and due diligence
- Selecting and building the consultant team
- Initial feasibility analysis (financial & physical)
- Design development (concept thru construction drawings)
- Community outreach / engagement strategy
- Securing entitlements
- Construction oversight
- Service plan definition & development, in coordination with services team
- Lease-up, in coordination with property management and services team
- Manage and coordinate all aspects of project financing, including:
- Identification of acquisition, predevelopment, construction and permanent funding sources
- Preparation of funding applications
- Negotiation of loan terms, with the support and input of the Director
- Manage and coordinate all aspects of joint venture developments, including: negotiation of Memorandum of Understanding and services agreement manage the partner roles to ensure project moves forward successfully
- Preparation and maintenance of project financial proforma models, including defining development, operating and supportive service budgets
- Coordinate with asset management, property management and services team during predevelopment and construction to ensure smooth tenant relations.
- Manage the construction process; select and negotiate contract with contractors; monitor construction team.
- Manage transition to operations; supervise property management; monitor tenant selection and lease up process.
- Evaluate reports, decisions, and results of the Real Estate Development team and recommend new approaches, policies, and procedures to effect continual improvements in operations and efficiency.
- May provide public presentations of project.
- Perform other duties as required.
- Experienced in all aspects of affordable housing real estate development, including finance, entitlement and design, construction, lease-up and operations
- Able to analyze complex data, perform sophisticated analysis, and make appropriate recommendations
- Excellent interpersonal skills and a team-building spirit
- An entrepreneurial and creative approach to problem-solving
- Resilient, versatile and flexible
- Commitment to the mission of providing affordable homes and supportive services to our state’s most vulnerable populations
- Well-organized and detail-oriented, with excellent analytical skills
- Proficient in sophisticated real estate finance analysis using Excel, project management software, and word processing software
- Good presentation skills- excellent oral and written communication skills;
- Two or more years experience in housing development is required, will also take into account experience in business, finance, urban planning or a related field, preferably for a non-profit, government agency or private financial institution
- Demonstrated experience with public and private affordable housing funding resources and subsidy programs including low income housing tax credit program, tax-exempt bonds, and syndication proceeds; ability to creatively combine financing tools to leverage housing funds.
- Job will include some evening and weekend hours
- Relevant bachelor’s degree
- Employment Eligibility Verification
- Reliable transportation
- Valid California driver’s License
- Current automobile insurance
- Updated tuberculosis test
- Successful completion of background screening
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential job functions.
In the course of performing the job, this position typically spends time sitting, standing, climbing stairs, walking, driving, carrying (15lbs), and lifting (15lbs). Operating a computer keyboard, firm/strong grasping, and repetitive hand control. Makes and receives telephone calls. Use of general office equipment copier, fax machine and basic office equipment.
Subjected to outside environmental conditions.
Job Type: Full-time
Salary: $80,000.00 – $120,000.00 per year
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
- 8 hour shift
- Day shift
- Monday to Friday
- Weekend availability