Economic Development Manager Jobs in Missouri (NOW HIRING)

Supervisor: Director of REDD

Department: REDD

Status: Full Time; Exempt

Location: Ventura, CA (Hybrid)

Cabrillo Economic Development Corporation (CEDC) develops and manages service enriched, inclusive residential communities, ensuring access to affordable, secure, quality housing that creates the foundation for our residents to grow and thrive.

CEDC is seeking an experienced Senior Project Manager to join our Real Estate Development Department. The ideal candidate will be a self-motivated, collaborative, and technically skilled housing professional with a passion for community development and affordable housing.

Key Responsibilities:

1. Site Pursuit & Predevelopment
   • Identify, evaluate, and secure potential development sites through zoning, financial feasibility, and underwriting analysis.
   • Structure project concepts, schedules, and entitlement strategies aligned with organizational and community priorities.
   • Lead early‑stage community engagement, public meetings, and agency coordination.
   • Procure, contract, and manage architects, engineers, and consultants to ensure timely, high‑quality deliverables.
   • Prepare entitlement and permit packages; coordinate with city, county, and state agencies to obtain approvals and address conditions.
2. Capital Stack & Closing
   • Develop and manage detailed financial models and proformas; refine assumptions through design and market changes.
   • Prepare and submit competitive funding applications (e.g., 4%/9% LIHTC, tax‑exempt bonds, HCD, local trust funds, AHP).
   • Negotiate key business terms and financing structures with lenders, investors, and public partners.
   • Oversee due diligence, closing checklists, and conditions precedent; coordinate with legal counsel to achieve timely closings.
3. Construction & Contract Administration
   • Support or lead GMP and construction contract negotiations.
   • Review design drawings and specifications for constructability, cost efficiency, and long‑term durability.
   • Monitor construction progress through OAC meetings, field inspections, and monthly draws.
   • Track contingency, allowances, and change orders; ensure compliance with contracts, budgets, and timelines.
   • Coordinate with Property Management and Resident & Community Services on lease‑up readiness, accessibility, and turnover.
4. Lease‑Up, Conversion & Close‑Out
   • Coordinate marketing and lease‑up milestones in compliance with income and regulatory requirements.
   • Manage completion of placed‑in‑service, 8609 issuance, cost certification, and permanent loan conversion.
   • Oversee the transition to stabilized operations and facilitate lessons‑learned debriefs for continuous improvement.
   • Support accurate project close‑out documentation and internal data archiving.
5. Cross‑Functional Leadership
   • Build trust with local jurisdictions, funding partners, and community stakeholders through transparent communication.
   • Maintain project documentation, risk logs, and development schedules; proactively forecast cash flow and developer fee timing.
   • Contribute to department‑wide process improvements, templates, and technology tools.
   • Mentor junior staff and interns; foster a collaborative, learning‑oriented culture.

(Senior PMs are expected to independently originate sites and lead complex entitlement negotiations.)

(Senior PMs take the lead in structuring layered financings and negotiating partnership and loan agreements.)

(Senior PMs are expected to lead value engineering sessions, resolve field conflicts, and ensure risk management across multiple active projects.)

(Senior PMs take responsibility for strategic portfolio reporting and organizational knowledge transfer)

• Bachelor’s degree in Real Estate, Finance, Planning, Public Policy, Architecture, Engineering, or related field; advanced degree a plus.
• Proficiency in Excel-based underwriting and development budgeting; strong Word and PowerPoint skills.
• Clear, concise writing and presentation skills; comfortable presenting to agencies and community groups.
• Experience: 5+ years of related experience with demonstrated success managing multiple projects through all phases of development.

• In-depth knowledge of affordable housing finance, LIHTC, and public subsidy programs.
• Strong understanding of real estate transactions, entitlements, and project financing structures.
• Exceptional communication, organization, and leadership skills.
• Proficiency in financial modeling and analysis (Excel), and comfort with multiple software applications.
• Ability to work effectively with diverse communities and stakeholders.

Bachelor’s degree in Real Estate, Finance, Planning, Public Policy, Architecture, Engineering, or related field; advanced degree a plus.

• A valid California driver’s License and proof of automobile liability insurance.
• Five years’ experience with a community-based nonprofit agency, real estate development, lending institution or related business desired.
• Demonstrated success managing multiple projects through all phases of development.

CEDC IS PROUD TO BE AN EQUAL OPPORTUNITY EMPLOYER