The Senior Project Manager will manage at least three (3) projects 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 Senior Project Manager’s projects will be the more complex and challenging projects within the development group’s pipeline.
- 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.
- Bachelor’s degree in urban planning/studies, finance, or real estate development.
- Five (5) years’ experience as a Project Manager managing low-income housing tax credit projects.
- Five (5) years’ experience preparing proforma financials for low-income tax credit housing developments.
- Prepared a minimum of four (4) funding applications for low-income housing tax credit projects.
- Closed construction financing for at least 2 low-income housing tax credit projects.
- Experience presenting at two (2) community meetings or public hearings.
- Ability to lift 30 pounds. (e.g. building and project blueprints)
- Valid California driver’s license.
- Ability to meet California minimum and ACOF insurance requirements.
- Access to a personal vehicle to be used to conduct ACOF business.
• 5+ years of experience as a project manager.
• Prepared several LAHD/HCID, low-income housing tax credit, HCD, and LACDC applications.
• Negotiated loan terms and letters of interest with tax credit investors.
• Experience negotiating purchase and sale agreements for site acquisition and performing acquisition related due diligence.
• Experience project managing resyndication projects or rehabilitating apartments with tenants in place.
• Strong knowledge of financing sources available for affordable housing in California.
• Bachelor’s degree related field; e.g. urban planning, business, real estate development.
• Graduate Degree in related field; e.g. urban planning, business, real estate development.
• Proficiency in Microsoft Office Software (Word, Excel, Project and Outlook).
• Ability to lift 20 pounds.
A Community of Friends is an equal employment and affirmative action employer
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