Associate Project Manager, Real Estate Development

Abode • San Francisco, CA

5d • $85,000 - $95,000

About The Position

The Associate Project Manager, Real Estate Development in San Francisco/San Leandro supports the Project Manager in oversight of teams of vendors, consultants and general contractors and assists the process of developing multi-family affordable and supportive housing projects for formerly homeless, special needs, and low-income households. This position requires familiarity with all phases of the development process and can navigate various phases, including design, entitlements, financing, construction, lease-up and transition to operations. Knowledge of real-estate law and finance are required.

Requirements

• Bachelor’s degree in Construction Management, Civil Engineering, Business, Urban Studies, Planning, Architecture, Finance, or a related field.
• Strong knowledge of real estate and affordable housing finance, including financial analysis, as well as real estate law (strongly preferred).
• Demonstrated interest and experience in affordable housing and/or social justice.
• Minimum of 2 years of experience in affordable housing development (preferred), or construction-related project management.
• Excellent verbal and written communication, organizational, and time-management skills. Self-motivated with the ability to proactively create and improve processes to support position responsibilities.
• Ability to work effectively both independently and collaboratively within teams.
• Use of a personal vehicle required, along with proof of a valid and current California driver’s license, current auto insurance, and a clean DMV record.
• Proficiency in Microsoft Office.

Nice To Haves

• Knowledge of California and Federal State affordable housing programs

Responsibilities

• Draft and compile funding applications to private and government sources, including financial projections and narratives, ensuring all requirements are fulfilled.
• Research and report on regulatory requirements applicable to the design, financing/feasibility, and management of affordable housing development and rehabilitation projects.
• Lead due diligence studies; review, interpret, and report on findings to senior staff and make recommendations to mitigate risk.
• Independently lead escrow closings, coordinating and responding diligently to lender, investor, and consultant requests.
• Complete draw requests and pay applications for project funding sources.
• Assist with project accounting responsibilities, including expense coding and invoice/work order/payment application review for accuracy and adherence to approved contracts.
• Manage all payment approvals and timelines.
• Manage lender and funder requirements during construction, and process pay applications and disbursements.
• Track project deliverables and changes to scope, budget, and schedule throughout implementation, including attending construction meetings.
• Synthesize relevant information to communicate project status to internal and external partners.
• Monitor and prepare progress summaries of development activities for management.
• Coordinate development activities with community stakeholders, development partners, and design professionals.
• Organize community engagement events to solicit community input on projects.
• Manage vendor and consultant teams, holding them accountable for deliverables.
• Present and negotiate competitive proposals for services and coordinate scopes of work to meet project needs.
• Draft responses to Requests for Proposals; analyze and recommend contractor bids; monitor progress; and process invoices for rehabilitation projects on existing assets in coordination with property management.
• Perform financial analysis and feasibility studies of new housing development sites for the agency, including capital sources and uses, operating income and expenses, and potential debt service.
• Prepare correspondence and drafts (external and internal), including memos, letters, reports, presentations, agendas, meeting materials, and minutes.
• Organize project collateral, files, and electronic data.
• Scan and file all project-related documents in the appropriate project folders.
• Other duties as assigned.

Benefits

• Salary: $85,000 - $95,000/year DOE
• 100% paid medical, vision, and dental options
• 19 PTO days & 12 Holidays per year
• Voluntary benefits: FSA, EAP, Commuter Checks, Life Insurance, Legal, and more
• 3% retirement match/contribution
• Professional Development Trainings and Opportunities, Leadership Academy Programs, and All Staff Events
• Dynamic, mission-driven culture and supportive leadership

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level