Primary Function: The Project Manager will manage all aspects of the development cycle for a number of affordable housing projects, from site control and entitlement through construction completion and stabilization. The Project Manager will also be responsible for new business development including feasibility analysis and proposal responses to RFPs. The Project Manager reports to the Director of Development.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Supervise Project Coordinator.
- Conduct project assessments and make recommendations on project feasibility relating to financing, marketability, operational and physical viability.
- Develop detailed cost analyses including sources and uses and operating proformas as well as financing alternatives, including equity, acquisition, construction and permanent debt options for selection and approval.
- Carry out other development activities including but not limited to: monitoring and coordinating development and design activities; oversight of general contractors and other consultants; managing community and tenant relations; and execution of acquisition, construction, and permanent financing.
- Prepare monthly reports on project status, level of activity and projected activity related to funding goals and objectives.
- Maintain a working relationship with internal and external partners including real estate finance resources, mortgage bankers, lenders, government entities, mortgage and program departments at the local, state and federal level, and private real estate development industry stakeholders.
- Assist in providing staff support to the real estate development committees related to real estate development activities and projects under consideration.
- Prepare proposals for grants, subsidies and/or economic benefits in support of real estate development activities.
- Collaborate with property management to ensure appropriate operations and monitoring of projects.
- Assist in the development of short and long-term objectives for projects.
- Provide research about local, state and federal regulations that may impact development, rehab and new construction.
- Perform other duties as assigned.
- Financial Management.
- Critical Thinking Mindset.
- Time Management.
- Prioritization Skills.
- Solutions Oriented.
- Strategic Thinking.
- Business Acumen.
- Ethical Conduct.
- Performance Management.
Education, Skills and Experience
- Bachelor’s Degree in related field (real estate, urban planning, architecture, business or finance) preferred.
- Minimum three (3) years of experience in housing development, finance and construction.
- Knowledge of federal, state, and local housing programs and rules and regulations.
- Experience with the Low-Income Housing Tax Credits (LIHTC) program and knowledge of HUD programs is required.
- Experience with non-profit organizations preferred.
- Strong financial planning, organizational, oral, and written communication, as well as negotiating skills, are preferred.
- Proficient with Microsoft Office Suite.
- Attention to detail.
- Industry relevant certification/license preferred.