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Project Manager ~ Non-Profit Housing Development

Mutual Housing California
Sacramento, United Statesfull_timeVerifiedPosted 18 May 2024
💰 $110,000/yr($85,000/yr$110,000/yr)

About the role

Description

Project Manager ~ Non-Profit Housing Development


Department: Housing Development

Reports To: VP of Real Estate

FLSA Status: Non-Exempt, Full Time

Salary Range: $85,000 to $110,000 per year DOE


Generous Benefits Package includes:

  • Medical, Dental, Vision, Life Insurance & Employee Assistant Program ~ fully covered for Employee
  • Optional Life, Long Term Disability, Critical Illness, Identity Theft Protection and Accident Insurance
  • Generous paid time off, including16 paid holidays which includes the week between Christmas and New Years
  • Thank You Fridays: work to 2:00pm; paid through 5:00pm each Friday.
  • 401K Retirement Plan ~ Employer match up to 6% ~ after 6 months service.


Summary

The Project Manager will be involved in the development of sustainable multifamily housing affordable for low income households in our Mutual Housing association’s service area. Developments may include construction of new multifamily housing and acquisition and renovation of existing distressed multifamily housing. Assistant Project Manager will support senior staff (including Directors, and Project Managers) with selected tasks and various routine aspects of the planning, development and implementation of an affordable housing project through initial feasibility of development concept, obtaining local development approvals and raising development capital, to construction completion, occupancy and closing of permanent financing.


Essential Duties & Responsibilities

  • Assists updating and maintaining project budgets, proformas, cash flows projections and construction schedules.
  • Serves as a research assistant to identify appropriate funding sources and policy initiatives as well as data to support project analysis during predevelopment, construction and permanent loan phases for development.
  • Assists in the preparation of applications for local, state, federal and other funding sources.
  • Assists in implementing and coordinating the due diligence processes.
  • Assists in the coordination and preparation of various bid, advertisements and process to select development team members and contract specialists.
  • Assists in the preparation of all types of loan draw requests and documentation for funders. Attends project meetings at discretion of supervisor.
  • Takes and prepares minutes of meetings.
  • Prepares and coordinates special events such as grand openings, ribbon cuttings, ground breakings, and community meetings.
  • Assists with the coordination of planning and permit approvals.
  • Prepares reports and monitors identified aspects of project reporting requirements.
  • Assists with the preparation of progress reports, as requested.
  • Helps coordinate program development and transfer process with Asset Management and Resident Services Departments
  • Assists in the maintenance of project accounting, budget reconciliations, cash management and other accounting related tasks relating the projects and department budgets.
  • Other tasks as assigned related to real estate development, policy development, organizational budgets, planning and administration.
  • Administrative support including copying, filing, creation and maintenance of filing systems, mail and deliveries, office supplies and equipment.
  • Assist in explaining the acquisition and rehabilitation process and timelines to neighborhood and mutual housing residents and obtain design input from residents.
  • Attend training and industry conferences that are recommended by supervisor.
  • Carry out other duties or projects as assigned by the Director of Housing Development or supervisor.

Requirements

Qualifications

  • Bachelor's degree (B. A.) from four-year college or university in urban planning, community development, business, real estate or related field.
  • At least three years affordable housing, finance or community development experience and/or training.  
  • Demonstrated commitment to providing resident-centered permanently affordable housing for low- income households.
  • Has fully managed the development of at least one affordable housing development from initial conception and feasibility analysis through securing financing, full design, permitting, contracting and financial closing and all the way through construction, transition to operations, and permanent conversion. 
  • Is fluent in the variety of available financing mechanisms for the development of affordable housing and is generally familiar with the regulations and uses of each.
  • Experience analyzing c

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Company

Mutual Housing California

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