A COMMUNITY OF FRIENDS POSITION DESCRIPTION
TITLE: Project Manager
REPORTS TO: Director of Housing LOCATION: Wilshire Site
STATUS: Full Time CLASSIFICATION: Exempt
Under the direction of the Director of Housing and Development, the Project Manager is responsible for all activities related to the development of affordable multifamily housing developments.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Lead and manage teams for a minimum of three projects through the development process independently with little supervision. Provide leadership and support for the development of Project Associates. Identify and perform due diligence and feasibility analysis for acquisition sites or new projects. Manage the entitlement approval process to ensure complete and timely submissions and obtain approvals consistent with the development schedule. Lead the community outreach process by developing and implementing community outreach plans, attending stakeholder meetings, presenting at public hearings. Assemble and manage the development team including: negotiating and monitoring contracts; managing the design process and overseeing the work of the design consultants to ensureconsistency with ACOF’s standards, project program, budget, and development timeline; ensuring the project complies with all regulatory requirements, commitments made. Prepare, update and manage project proformas, predevelopment budgets, and construction budgets. Prepare, update, and adhere to project development schedules to achieve ACOF’s goals. Collaborate with asset management, property management, and resident services during the predevelopment, construction, and lease-up phases to ensure accurate budgets, high qualitydesigns and smooth transitions to the operational phase. Secure and close all public and private predevelopment, construction, and permanent financing needed to complete development projects. Manage the construction process including but not limited to: reviewing and processing pay applications, attending construction meetings, reviewing change orders, managing consultants to ensure timely responses to requests for information; ensuring punch list items are addressed; checking for consistency with ACOF’s standards. Complete administrative tasks as needed to complete essential duties and responsibilities. Meet with the Director of Housing regularly to provide project updates and discuss issues associated with development projects. Function as the primary contact for project lenders, investors, partners, government agencies.
No supervisory responsibility.
In the course of performing this job, the Project Manager typically spends time sitting (60%), standing (25%), walking and climbing stairs (15%); listening/speaking, writing, and operating a personal computer and personal automobile. The Project Manager must possess the ability to lift up to 20 lbs.
The Project Manager may operate any or all of the following: standard office equipment (e.g., personal computer, copy machine, etc.). Ability to operate a motor vehicle.
These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this job. Individual abilities may result in some deviation of these guidelines.
To perform effectively in this position, the Project Manager must have:
Minimum two (2) years of experience as an Assistant Project Manager or equivalent position or one (1) year as a Project Manager managing low-income housing tax credit projects. One (1) year experience preparing proforma financials for low-income multifamily housing developments. Minimum one (1) year of experience closing construction financing or permanent loan conversions for low-income housing projects. Excellent written and verbal communication skills. Proficiency in Microsoft Office Software (Word Excel, PowerPoint). Working knowledge of financing sources available for affordable housing. Minimum two (2) years’ experience preparing TCAC, CDLAC, various HCD funding, local funding applications. Must have experience completing feasibility analysis and due diligence for the acquisition of at least two (2) new development sites. Prior experience closing construction and permanent financing. Analytical thinker with problem-solving mindset.
Attention to detail. Prior experience and demonstrated ability in project management with ability to manage multiple deadlines. Results and deadline driven.
Familiarity with reading architectural plans and the construction process. Perform well under stress and interact well with others. 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. Ability to lift 20 pounds.
Two (2) years of experience as a Project Manager. Two (2) years of experience closing construction and permanent financing with minimal supervision. Experience managing construction/permanent financing closings for two (2) projects with minimal supervision. Experience preparing financing applications for at least one State of California Housing and Community Development Department funding source, low-income housing tax credits/tax exempt bonds, and one City/County capital funding source for an affordable housing development. Graduate Degree in related field (e.g., urban planning or real estate development). Proficiency in Microsoft Project, Adobe Acrobat, Adobe Creative Suite. Completion of LISC HDTI Basic Training.