Community Development Project Manager

Bisnow•New York, NY

22h•$85,000 - $125,000•Onsite

About The Position

Our SelectLeaders client is a family-owned construction management, development, and general contracting firm based in Brooklyn, NY, focused on multifamily affordable and supportive housing. For decades, they have partnered with faith leaders, local officials, and community organizers to shape the neighborhoods in which we live and work. The firm develops affordable housing in partnership with HPD and HCR, leveraging city and state subsidies, tax credit structures, and additional capital sources. They also provide construction and ownership representation services for church-led housing initiatives across New York City, Maryland, and Atlanta. With approximately 1,500 units nearing completion and 2,500 units in the pipeline, this is an opportunity to play a meaningful role in shaping the future of affordable housing in New York and beyond. At this time, they are seeking a Community Development Project Manager to oversee affordable housing developments from inception through stabilization. This is a milestone-driven, highly visible role reporting directly to the CEO. This position is ideal for someone who: Is deeply community-oriented and mission-driven Thrives in complex, fast-moving environments Understands affordable housing finance and compliance Wants hands-on involvement in shaping neighborhoods and creating opportunity

Requirements

3+ Years experience in affordable housing development
Direct experience with LIHTC, tax-exempt bond financing, municipal bonds, debt and equity structuring, and subsidy layering (city/state programs)
Familiarity with lender relationships and syndicators
Understanding of compliance and regulatory requirements in affordable housing
Strong financial modeling and pro forma analysis
Ability to work collaboratively with co-workers and representatives from the nonprofit, corporate, philanthropic, and public sectors, and demonstrate flexibility and poise in dealing with a diverse range of individuals and organizations
Entrepreneurial spirit and ability to work independently on multiple tasks and projects, set priorities, and be a positive, solution-oriented professional
Proactive, responsive communicator
Desire to empower and uplift communities
Availability for occasional evening events, workshops, and training

Nice To Haves

Yardi and Procore experience encouraged

Responsibilities

Manage projects through the full development lifecycle (pre-development through stabilization)
Analyze state and city subsidy term sheets and execute initial financial feasibility reviews
Structure and execute LIHTC transactions, tax exemptions, municipal bond financing, and debt-to-perm financing
Coordinate with lenders, tax credit syndicators, and financial institutions throughout construction
Track requisitions, capital stack components, and milestone deadlines
Ensure compliance with affordable housing tax credit guidelines
Identify potential sources of financing including pre-development loans, construction and permanent loans, tax-exempt bonds, IDA bonds and New Market Tax Credits during the initial underwriting phase
Create, modify and update financial modeling for various real estate transactions specifically LIHTC programs, municipal bonds and new market tax credits
Interface with city and state agencies (HPD, HCR, HUD-related programs)
Maintain strong relationships with lenders and syndicators (e.g., major banks, tax credit equity providers)
Work closely with faith-based partners and community organizations
Identify and create pathways for local workforce participation in construction projects
Empower tenants and promote stabilized, well-managed housing environments
Contribute recommendations for property management improvements
Aid in identifying opportunities for future development and community partnerships
Drive project milestones and proactively remove roadblocks
Maintain detailed documentation and ensure responsiveness across stakeholders
Build or refine internal processes