Senior Project Manager

Location: New York, NY

Employment Type: Full-time

Work Arrangement: Hybrid (3 days in office, 2 days work from home)

About the Employer

Paths is a full-scale, vertically integrated affordable housing developer, builder, and operator. Since 2004, the Paths team has created and preserved high-quality affordable housing across the U.S. that enhances communities and helps residents build better lives. With over 15,000 units across 13 states under management and more than 500 employees, Paths manages a suite of capabilities spanning the entire property life-cycle, including development, construction, property management, maintenance, and security.

Role Summary

This position assists the Head of Development and Senior Development staff with the acquisition, underwriting, and managing the development of affordable housing projects—both new construction and the rehabilitation of existing multifamily housing.

What You'll Do

Assist senior development staff in the acquisition, underwriting, financing and overall development of new construction and rehabilitation projects
Review financial information and assist in preparing financial models
Analyze market data and demographic trends to support the acquisition of existing affordable housing properties as well as properties intended for new construction
Prepare funding applications for lenders, Low Income Housing Tax Credits, and other types of financing
Participate in public hearings and meetings with government agencies and community stakeholders
Interface with lenders, equity investors, local officials, and public agencies in preparation for construction loan closings and permanent loan conversions
Interact with third party consultants (architects, engineers, environmental consultants, lawyers, etc.) to ensure delivery of services in a timely manner
Assist in the gathering and preparation of due diligence required for external parties
Assist with preparation of proposals in response to government-issued Requests-For-Proposals (RFP)
Prepare monthly requisitions for funding from public and private lenders during the construction period
Assist with special projects as they arise

Required Qualifications

4+ years of work experience, with at least 2 years in affordable housing development or finance or related field
Bachelor's Degree
Detail oriented, organized and able to multi-task
Ability to work in an individual capacity and as a team
Excellent writing and communication skills
Proficiency in Microsoft Excel, Word and PowerPoint

Preferred Qualifications

Master's degree
Knowledge of HUD Project-Based Section 8 and Federal Low Income Housing Tax Credit programs

Physical Requirements & Working Conditions

Some travel may be required.

Compensation

$115,000–$125,000

Benefits

Medical insurance (100% of medical benefits paid for employees only), voluntary dental and vision plan options, 401(k) available plus company match, paid time off, 12 paid company holidays, commuter benefits, voluntary short-term disability, long-term disability, life insurance, dependent coverage, accident insurance, critical illness insurance, and hospital indemnity insurance. Bonus eligible. Employee Referral Program and Employee Assistance Program (EAP) available.

Additional Information

This position is classified as non-exempt and is eligible for overtime.

Equal Opportunity Statement

Paths is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.

Paths Management Services jobs

Senior Project Manager