Summary:

The Project Manager is responsible for all phases of the real estate development process, including but not limited to the evaluation, planning and implementation of affordable housing development projects from inception through construction completion and occupancy. As a member of the Housing development team, the Project Manager will work closely with all Housing staff, including the Director of Development, to submit grant applications, create development budgets and manage third party vendors (architects, engineers, contractors, etc.) to ensure all projects from pre-development to operations are successful.

Essential Job Functions:

• Understand the requirements for the NYS LIHTC and all other related funding applications involved with developing NYS affordable housing.

• Research and analyze development opportunities in new market areas, including evaluating over-all project feasibility.

• Carry out due diligence evaluation of sites, including ordering and analyzing appraisals, inspections, preliminary title reports, environmental reviews, and conducting initial market analyses.

• Researching, preparing and submitting funding and grant applications under the guidance of Management and/or consultants.

• Prepare and update complete financial underwriting analysis, including development and operating budgets, for State funding requests under the guidance of Management and/or consultants.

• Working together with Management to oversee and coordinate the negotiation of major agreements and financing documents, including limited partnership agreements, loans documents, construction contracts, architectural agreements and property management agreements (e.g. architects, engineers, general contractors).

• Manage working relationship with lenders, syndicators and joint venture partners to secure various financial commitments, such as construction loans and tax credit purchases.

• Working together with Management to obtain all necessary local municipal project approvals. Assist with presentations of prospective projects before municipal boards.

• Working together with Management to meet with local municipal leaders to garner support for proposed developments and negotiation of tax abatement agreements.

• Coordinate project due diligence and loan and equity closings.

• Communicate, coordinate and follow through on development details with the construction, property management, legal and accounting departments, to ensure compliance with all funding agencies.

• Manage project construction as CDS Housing’s representative at construction meetings, and resolve issues related to schedule, local permits, third party professional’s responsibilities and change order requests.

• Preparation of construction hard and soft cost draws.

• Meet with Management update management on the status of all current and prospective development projects on a regular basis.

• Manage project plan time-line; ensuring milestones are met on time and within budget.

• Other related duties as assigned.

  Knowledge, Skills, and Abilities:

• Ability to work independently and motivate others.

• Ability to communicate effectively, both orally and in writing.

• Requires knowledge of computer applications and systems

  Education and Experience:

• Bachelor’s degree or Equivalent Experience required.

• Minimum of 5 years’ experience in affordable housing development.

• Strong computer skills, including Excel, Word, Power Point.

• Must be at least 18 years of age.

• Ability to communicate effectively, both orally and in writing.

• Valid NYS driver’s license required.

• Must be able to travel periodically, including overnight travel if applicable, to job sites or meetings.

  The listed salary range represents the organization's good faith and reasonable estimate of the range of possible compensation at the time of posting. The offered salary will be determined by: Applicant qualifications and experience, education, position specific licensing/training and departmental budgets.

  CDS Life Transitions is an Equal Opportunity Employer, and as such affirms the right of every person to participate in all aspects of employment without regard to gender, race, color, religion, national origin, ancestry, age, marital status, sexual orientation, pregnancy, disability, citizenship, military or veteran status, gender expression and/or identity, or any other status or characteristic protected by federal, state, or local law. CDS Life Transitions will make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodation would impose an undue hardship on the operation of our business. If you are interested in applying for an employment opportunity and feel you need a reasonable accommodation pursuant to the ADA, please contact us at 585-341-4600.