Senior Project Manager - Development

Description

Senior Project Manager - Development

JOB DESCRIPTION

Classification: Exempt

Department: Property Development

Reports To: VP, Property Development

Revised: 10/13/2025

About Prospera

Prospera has been empowering families since 1993 by providing safe, high-quality, affordable housing with support services to those in need. As a mission-driven, values-based nonprofit, Prospera is committed to fostering family stability and a strong sense of community by addressing individual needs. At the heart of our work are our core values: integrity, accountability, excellence, commitment, dignity, fairness, and respect. These core values serve as our guiding principles, shaping everything we do, from how we serve our residents to how we support one another as a team. 

At Prospera, every team member plays a vital role in advancing our mission. We welcome passionate individuals who are ready to make a meaningful difference in the lives of others. 

Position Summary

Provides coordinated support within the Property Development division of Prospera Housing & Community Services, in its strategic objective of increasing the organization’s portfolio of affordable housing through the new construction and acquisition/rehabilitation of affordable units. Gathers and interprets GIS and other data to assist in site identification for new construction, as well as property location for the rehabilitation of existing units. Conducts due diligence requirements. Provides financial evaluation support and identifies/pursues potential sources of financing, equity and other funding.

We value our employees by offering a competitive benefit package, including:

Hybrid work schedules available (for certain positions)

PAID Medical

Dental/Vision

Life Insurance

Eligible for 10 paid holidays + 4 restricted floating holidays

Short & long-term disability

401(k) Match

EAP – Employee Assistance Program

On-site gym (at Home Office in San Antonio)

Performance-based incentives

Training, certification, & growth opportunities

$500 Employee Referral Program

Essential Job Duties/Responsibilities

1. Prepares monthly HUD and Conventional construction draw requests, in cooperation with the construction and finance divisions, for submission to financial stakeholders for multiple construction projects concurrently, including accounts payable processes, performing cost tracking, and maintaining project records.
2. Employs the use of ArcGIS software to apply site feasibility analysis of potential development sites.
3. Supports the Department in developing financial reviews of potential acquisition of multifamily properties, including finance, market analysis, and basic proposed operating budgets.
4. Researches & identifies potential funding mechanisms in support of departmental strategic objectives.
5. Participates in compiling and completing tax credit applications (pre-application as well as full application) within established deadlines. Coordinates with other development staff, divisions, and 3rd party consultants in compiling draft review, revision, and finalization of content for the Vice President’s approval.
6. Prepares financing documents for lenders and investors. Coordinates with other development staff, divisions & 3rd party consultants in compiling draft review, revision, and finalization to ensure accuracy of content.
7. Assists in developing budgets and timelines for review by the Property Management and Asset Management divisions.
8. Assists in the identification and availability of existing affordable properties for their acquisition and rehabilitation.
9. Supports in tax credit compliance, including draw requests, vendor payment deadlines, coordinating transition from property development to operations, supports coordination of insurance coverage transition, accuracy of partnership agreements, contracts, loan documents and syndicator proformas, maintains records as needed for audits, and prepares reports required by syndicator, lenders, or governmental entities.
10. Regular, timely, and punctual on-site attendance is an essential function of this position.
11. Performs related duties and fulfills responsibilities as required.

Knowledge/Skills/Abilities – General Performance

1. Job Knowledge – demonstrates an understanding of the position requirements. Carries out duties in a manner consistent with established expectations.
2. Attendance – attends work regularly so that job performance is not adversely affected.
3. Cooperation/Attitude – displays a cooperativ