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Description

Under the direction of the Director of Housing and Development, the Project Manager II is responsible for all activities related to the development of affordable multifamily housing developments.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Lead and manage teams for a minimum of three projects through the development process independently with little supervision.
• Provide leadership and support for the development of Project Associates.
• Identify and perform due diligence and feasibility analysis for acquisition sites or new projects.
• Manage the entitlement approval process to ensure complete and timely submissions and obtain approvals consistent with the development schedule.
• Lead the community outreach process by developing and implementing community outreach plans, attending stakeholder meetings and presenting at public hearings.
• Assemble and manage the development team including: negotiating and monitoring contracts; managing the design process and overseeing the work of the design consultants to ensure consistency with ACOF's standards, project program, budget, and development timeline; ensuring the project complies with all regulatory requirements, commitments made.
• Prepare, update and manage project proformas, predevelopment budgets, and construction budgets.
• Prepare, update, and adhere to project development schedules to achieve ACOF's goals.
• Collaborate with asset management, property management, and resident services during the predevelopment, construction, and lease-up phases to ensure accurate budgets, high quality designs and smooth transitions to the operational phase.
• Secure and close all public and private predevelopment, construction, and permanent financing needed to complete development projects.
• Manage the construction process including but not limited to: reviewing and processing pay applications, attending construction meetings, reviewing change orders, managing consultants to ensure timely responses to requests for information; ensuring punch list items are addressed; checking for consistency with ACOF's standards.
• Complete administrative tasks as needed to complete essential duties and responsibilities.
• Meet with the Director of Housing regularly to provide project updates and discuss issues associated with development projects.

Requirements

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this job. Individual abilities may result in some deviation of these guidelines.

To perform effectively in this position, the Project Manager II must have:

Basic Qualifications:

• Minimum two (2) years of experience as an Assistant Project Manager or equivalent position and one (1) year as a Project Manager managing low-income housing tax credit projects or two (2) years as a Project Manager managing low-income housing tax credit projects.
• Two (2) years experience preparing proforma financials for low-income multifamily housing developments.
• Led at least one (1) construction financing closing and one (1) permanent loan conversions for low-income housing projects.
• Experience preparing financing applications for at least one State of California Housing and Community Development Department funding source, low-income housing tax credits/tax exempt bonds, and one City/County capital funding source for an affordable housing development as the lead Project Manager.
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Office Software (Word, Excel, PowerPoint).
• Working knowledge of financing sources available for affordable housing.
• Minimum two (2) years' experience preparing TCAC, CDLAC, various HCD funding, local funding applications.
• Must have experience completing feasibility analysis and due diligence for the acquisition of at least one (1) new development site.
• Prior experience closing construction and permanent financing.
• Analytical thinker with problem-solving mindset.
• Attention to detail.
• Prior experience and demonstrated ability in project management with ability to manage multiple deadlines. Results and deadline driven.
• Familiarity with reading architectural plans and the construction process.
• Perform well under stress and interact well with others.
• Valid California driver's license.
• Ability to meet California minimum and ACOF insurance requirements.
• Access to a personal vehicle to be used to conduct ACOF business.
• Ability to lift 20 pounds.

Preferred Qualifications:

• Two to three (2-3) years of experience as a Project Manager in an affordable housing development company.
• Two (2) years of experience closing construction and permanent financing for an affordable housing development with minimal supervision.
• Experience managing construction and permanent financing closings for two (2) projects as the Project Manager with minimal supervision.
• Experience developing affordable housing developments for homeless households.
• Graduate Degree in related field (e.g., urban planning or real estate development).
• Proficiency in Microsoft Project, Adobe Acrobat, Adobe Creative Suite.
• Completion of LISC HDTI Basic Training.