Affordable Housing Project Manager

At Community Development Partners, we are deeply proud of our track record of providing award-winning solutions to housing. We work every day to achieve our mission of creating life-enhancing affordable housing that transcends the fundamental goal of providing high quality homes by building innovative and sustainable developments with a focus on long-term community engagement. As a mission-driven certified B Corp, we are unique in our field as a for-profit developer that leads with our impact goals. Since our inception in 2011, we have built, preserved, or are actively developing over 55 unique projects comprising 4,800+ units of affordable housing throughout Oregon, California, Nevada, Arizona, and Colorado.

Sure, that’s what we do, and we are passionately committed to it, but equally as important is who we are as a team. We believe in forward progress, continuous collaboration, authentic connection, and mixing it all up with a healthy dose of fun. As an Equal Opportunity Employer, we offer a full suite of benefits that includes highly subsidized insurance, retirement plan with matching contributions, a sabbatical program, cell phone reimbursement, PTO, and more.

Our real estate Development team needs your ability to build collaborative relationships and your ability to manage all of the project variables as our new Project Manager. In this role you will have assistance and support from the team as you manage the development process for two affordable housing development projects from initial feasibility to perm-loan conversion. 

In this role, you will:

• Partner with the Director of Development to review development opportunities including the acquisition and rehabilitation of existing multi-family properties and vacant land suitable for affordable housing.
• Lead the creation of achievable project development plans and strategies, partnering with project architecture team.
• Evaluate financial feasibility and the preparation of finance plans for development.
• Order and review project due diligence including surveys, environmental reports, capital needs assessments, market studies, and appraisals.
• Manage consultants, including architects, engineers, and other consultants in conjunction with the entitlement and design team.
• With support from the team, manage closing pre-development, construction, and permanent financing from conventional, public, and non-profit agencies.  Sample sources include 4%/9% LIHTC, State Tax Credits, HOME, CDBG, VHHP, AHSC, PBV/HAP, Private Grants, etc.
• Drive the development and management of overall project budget and financing.
• Work with private and public officials to obtain all project entitlement approvals, which includes attending public hearings and meetings.
• Preparation of initial project financing and funding applications including LIHTC, grants, and construction/permanent financing, partnering with Director of Development before finalization.
• Partner with Asset Management to ensure lease-up targets are met.
• Lead project conversion from construction to permanent financing, with the support of Asset Management
• Obtain 8609s.
• Additional duties as assigned by Director of Development.

If the following describes you, we want to hear from you:

• Thorough understanding of MS Office and Google Workspace, and proficient knowledge of MS Excel. 
• Intermediate knowledge of affordable housing financing and the ability to independently manage project proformas.
• Ability to complete the initial feasibility and analysis, including financial underwriting and physical site due diligence.
• Ability to successfully interface and build strong cross-functional relationships with all levels of internal team members and external strategic partners (agencies, legislators, elected officials, jurisdictions, other stakeholders and decision makers), finding common ground and solving problems for the good of all.
• Strong written and verbal communication skills (in English), allowing for clear and succinct communication in a variety of settings (phone, in-person and email), and with people of various backgrounds and levels, both internally and externally.
• Ability to learn new technology and new concepts easily when tackling problems and assigned tasks, including digital tools and programs, industry lingo, and industry knowledge.
• A strong customer focus, with dedication to meeting the expectations, needs and requirements of internal and external partners, residents, and community members, successfully gaining their trust and respect.
• Strong planning and organizing skills, with the ability to work on multiple projects simultaneously and while adhering to deadlines.
• Strong analytical skills with great attention to detail.

• Bachelor's degree in real estate, business, finance, or a related field, or equivalent experience. 
• Minimum 2 years of low-income housing tax credit real estate development experience, with at least 1 year of experience as the primary lead in development projects.
• Experience with the full cycle of real estate development, from initial feasibility to perm-loan conversion, including managing proformas.
• Experience managing general contractors and construction managers preferred.
   

Powered by JazzHR