Senior Project Manager (51252)
Locations: 217 Wyckoff Avenue - Brooklyn, NY
Requisition ID: 51252
Role Summary
The Senior Project Manager will assist with the day-to-day management of the Real Estate Development pipeline. The Senior Project Manager will also analyze potential projects and complete applications for funding, and take on other projects as needed.
A qualified candidate should exhibit an interest in the connection between the built environment, community health, and well-being. The Senior Project Manager will have strong Excel modeling and analytical capabilities, with the ability to build and update affordable housing models, as well as the ability to independently advance affordable housing projects through predevelopment, construction closing, construction, lease up, and permanent conversion.
What You’ll Do
- Create and maintain financial models for affordable housing projects, including creating development budgets, income and expense analysis, permanent debt sizing, and cash flow analysis
- Analyze potential affordable housing deals
- Coordinate responses to Requests for Proposals and Requests for Qualifications
- Monitor and track all components of the development process, including:
- Site acquisition and control
- Financial modeling
- Design approval
- Preparation of financing applications to local, state, and federal funding agencies (HPD, HCR, HFA, ESSHI, etc.)
- Coordination of meetings with public agencies and elected officials
- Coordination of due diligence submissions to government agencies, lenders, and investors in advance of construction closing
- Submission and tracking of required city and state sign-offs as required (Enterprise Green Communities, NYSERDA, DOB, SHPO, ULURP)
- Attend monthly on-site construction requisition meetings and prepare and submit monthly construction requisitions to lenders and financing partners
- Coordinate billing, meetings, and phone calls
- Manage correspondence with all parties involved in transactions
- Work with the marketing team to oversee marketing and lease-up activities
- Coordinate cost certifications, permanent loan closing process, and 8609’s
- Other related duties as assigned
Required Qualifications
- 3 - 5 years of experience in affordable housing, development or related experience
- Bachelor’s Degree
Preferred Qualifications
- Experience in low-income housing tax credits (9% and 4%) transactions is highly preferred
- Experience in bond financing transactions is highly preferred
- Experience in Year 15 transactions is highly preferred
- Masters in a related field is preferred
Required Criteria
- Passionate about the affordable housing industry and sustainable building practices
- Ability to work independently or as part of a team
- Advanced Excel skills
- Highly organized, detail-oriented, and self-motivated
- Strong writing, communication, and analytical skills
Compensation & Benefits
Salary Range
$125,000.00 - $140,000.00 Salary/year
Equal Opportunity Statement
It is the policy of RiseBoro to provide equal employment opportunity to all employees and applicants for employment. No individual will be discriminated against on the basis of race, color, age, creed, religion, national origin, citizenship status, political or union affiliation, marital or partnership status, sex, sexual orientation or affectional preference, gender identity, familial status, genetic information or predisposition or characteristic, disability, status as a victim of domestic violence, status as a veteran or member of the U.S. military and related obligations, or any other characteristic protected by law.
This policy applies to all terms and conditions of employment, including but not limited to recruitment, hiring, job placement, compensation, benefits, training and apprenticeship, employee development, promotion, demotion, discipline, transfer, lay-off and recall, and termination.
RiseBoro makes reasonable accommodations based on religion and/or disability as required by law, and requests for accommodation are to be directed to the Human Resources Department.