Development Project Manager (Affordable Housing)

Bickerdike Redevelopment Corporation•Chicago, IL

4d•$80,000 - $90,000•Onsite

About The Position

The Development Project Manager plans, coordinates and carries out all facets of the process of development of real estate projects from inception through construction and final turnover, working closely with the Vice President of Real Estate Development to ensure that all activities are performed in a complete and timely manner. In all instances the Development Project Manager must perform in accordance with and be committed to the Bickerdike mission. The position requires the ability to report to work timely, plan, organize, and execute tasks; analyze information, make informed decisions, concentrate, use critical thinking and reasoning skills, manage time, and monitor and regulate behavior and emotions. Read, review, comprehend, evaluate, and interpret technical materials, research reports, plans, drawings, and technical studies. A high level of managerial, leadership and development construction project management experience required. The employee in this position is regularly required to read, talk, hear, sit, use hands, reach with hands and arms, stand, walk, climb, carry, traverse construction sites, travel to different locations throughout the city, drive, lift and or move up to 50 pounds. In office work required.

Requirements

Bachelor’s Degree in a related field plus a minimum of 3 years work experience in development finance, real estate development, real estate finance, or community development required.
Proficient knowledge of MS Word, MS Excel, MS Power Point, Architectural software and Project Management internet programs/software tools required.
Must have a commitment to community development.
Excellent verbal and written communication skills.
Possess strong analytical, mathematical and interpersonal skills.
Demonstrated ability to successfully multi-task and manage time efficiently.
Ability to create comprehensive pro-forma schedules for project proposals.
Ability to: collect, interpret, and utilize data effectively; understand and utilize a variety of funding mechanisms; manage multiple projects effectively.
Represent the organization professionally.
Must be detail-oriented and have strong organizational skills.
Excellent written and oral communication skills.
Demonstrate the ability to build relationships and work effectively with people of diverse social, economic, and racial/ethnic backgrounds.
Must be willing to work flexible hours.
Must have access to a car, valid driver’s license and proof of insurance for field work.
This position is in person, with no hybrid work from home schedule.

Nice To Haves

Green Design and construction knowledge preferred.
Experience with MS Access and GIS mapping program preferred.
Chicago northside residents within communities we serve, preferred

Responsibilities

Coordinate and oversee initial stages of project conception and formulation including but not limited to: Making contacts with community groups, residents and organizations for input in the development process; researching land availability; preparing and presenting development initiatives to the community, funding sources, and the Board of Directors in conjunction with the Vice President of Real Estate Development.
Assemble and coordinate the development team (architect, general contractor, attorney, etc.), in coordination with the Vice President of Real Estate Development to ensure that all development activities are carried out efficiently and on time.
Perform all aspects of project funding assembly including but not limited to: Researching and maintaining database of current affordable funding sources and application timelines; preparing funding applications; and securing all financing necessary to complete the project.
Oversee and advance the continuous process of the pre-development and bring projects to closing including but not limited to: securing site control; following-up and scheduling with all members of the development team and funders; preparing and submitting due diligence items such as market studies, environmental reports, etc.; preparing, analyzing and modifying the development budget; and facilitating the negotiation of legal and financial documents, in coordination with the Vice President of Real Estate Development.
Coordinate and oversee the pre-construction process including but not limited to: Finalizing the construction plans and specifications in accordance with funding requirements, Bickerdike priorities and inter-departmental input; initiating and managing the construction bid process in conjunction with the general contractor; obtaining permits and other construction-related approvals in coordination with the Vice President of Real Estate Development.
Perform functions of the Owner’s Representative during the construction process including but not limited to: completing regular construction site visits; facilitating monthly payout meetings in coordination with the general contractor; completing, submitting and following-up with the Owner’s payout package; tracking construction progress and making revisions in coordination with the Vice President of Real Estate Development.
Complete the final project close out activities including but not limited to: ensuring all benchmarks for final completion and payments are met; facilitating the conversion to permanent financing; securing 8609s; and completing cost benefit and quality control analysis of the project, including the initial functioning of green policies and systems.
Coordinate and oversee the building completion and turnover process, including but not limited to: facilitating turnover meetings with the General Contractor, Property Management, Asset Management and Organizing departments; communicating critical information required for operations and maintenance; coordinating the turnover of relevant documents; creating punch lists and performing follow up inspections in conjunction with the Asset Management and Property Management departments.
For Homeownership projects: Develop and maintain a comprehensive homeownership marketing and sales program including, but not limited to: maintaining current knowledge of homebuyer resource programs and the City of Chicago Community Land Trust (CCLT); identifying opportunities to market to potential homebuyers; producing clear and relevant bilingual marketing materials; developing relationships with HUD-certified counseling agencies and referring potential homebuyers to counseling and other relevant resources; continuously encouraging, motivating and guide potential homebuyers through the home buying process to the successful sale of each home.
Maintain working relationships and communications with elected officials, City of Chicago Department of Housing (DOH) and Chicago Department of Planning and Development (DDP), Illinois Housing Development Authority (IHDA), Chicago Housing Authority (CHA), Federal Home Loan Bank (FHLB), equity syndicators, foundations, private banks, and any other funders in coordination with the Vice President of Real Estate Development.
Maintain current knowledge of guidelines, policies and procedures for HUD, IHDA, DOH, CHA, Low Income Housing Tax Credit, and all other housing development subsidy programs utilized in Bickerdike housing.
Maintain, coordinate and ensure paper and electronic document archive system for all housing development documents including all government, subsidy, development, and partnership related documents and contracts, and ensure all required reporting is carried out and submitted to partners, governmental agencies and others as appropriate.
Assist the Asset Management Department with the assessment of financial and physical needs of existing housing development projects in Bickerdike’s portfolio. When recapitalization is recommended for a project, carry out the housing development process in coordination with the Vice President of Real Estate Development.
Act as a member of the housing development team to ensure the overall effective operation of the Real Estate Development Department. Participate in community and resident organizing activities that have been deemed organizational priorities.
Perform other relevant tasks as assigned.