Development Project Manager (Affordable Housing)

Bickerdike Redevelopment Corporation

$80K — $90K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in a related field required.
  • Minimum 3 years in development finance or real estate development.
  • Knowledge of Green Design and construction preferred.
  • Proficient in MS Office, architectural software, and project management tools.
  • Strong analytical, mathematical, and interpersonal skills.

Responsibilities

  • Coordinate project conception and gather community input.
  • Assemble and manage development team for project efficiency.
  • Conduct project funding research and secure financing.
  • Oversee pre-development and project closure processes.
  • Manage pre-construction activities and permit procurement.
  • Act as Owner's Representative during construction phase.
  • Facilitate turnover meetings and ensure proper documentation.

Benefits

  • Paid Time Off (PTO)
  • Paid Holidays
  • Health Insurance
  • Dental Insurance
  • Vision Insurance at no cost to employees
  • 401K Matching
  • Long-Term and Short-Term disability
Full Job Description
Position Description

POSITION TITLE: Development Project Manager

PAY RANGE/GRADE: $80,000 - $90,000 (Commensurate with experience) / Grade 7

Compensation will be determined by multiple factors including, but not limited to: qualifications, skills, experience, licenses and certifications, and other relevant factors

ESSENTIAL FUNCTIONS: The Development Project Manager plans, coordinates and carries out all facets of the process of development of real estate projects from inception through construction and final turnover, working closely with the Vice President of Real Estate Development to ensure that all activities are performed in a complete and timely manner. In all instances the Development Project Manager must perform in accordance with and be committed to the Bickerdike mission

The position requires the ability to report to work timely, plan, organize, and execute tasks; analyze information, make informed decisions, concentrate, use critical thinking and reasoning skills, manage time, and monitor and regulate behavior and emotions. Read, review, comprehend, evaluate, and interpret technical materials, research reports, plans, drawings, and technical studies. A high level of managerial, leadership and development construction project management experience required. The employee in this position is regularly required to read, talk, hear, sit, use hands, reach with hands and arms, stand, walk, climb, carry, traverse construction sites, travel to different locations throughout the city, drive, lift and or move up to 50 pounds. In office work required.

RESPONSIBILITIES

  1. Coordinate and oversee initial stages of project conception and formulation including but not limited to: Making contacts with community groups, residents and organizations for input in the development process; researching land availability; preparing and presenting development initiatives to the community, funding sources, and the Board of Directors in conjunction with the Vice President of Real Estate Development.
  2. Assemble and coordinate the development team (architect, general contractor, attorney, etc.), in coordination with the Vice President of Real Estate Development to ensure that all development activities are carried out efficiently and on time.
  3. Perform all aspects of project funding assembly including but not limited to: Researching and maintaining database of current affordable funding sources and application timelines; preparing funding applications; and securing all financing necessary to complete the project.
  4. Oversee and advance the continuous process of the pre-development and bring projects to closing including but not limited to: securing site control; following-up and scheduling with all members of the development team and funders; preparing and submitting due diligence items such as market studies, environmental reports, etc.; preparing, analyzing and modifying the development budget; and facilitating the negotiation of legal and financial documents, in coordination with the Vice President of Real Estate Development.
  5. Coordinate and oversee the pre-construction process including but not limited to: Finalizing the construction plans and specifications in accordance with funding requirements, Bickerdike priorities and inter-departmental input; initiating and managing the construction bid process in conjunction with the general contractor; obtaining permits and other construction-related approvals in coordination with the Vice President of Real Estate Development.
  6. Perform functions of the Owner's Representative during the construction process including but not limited to: completing regular construction site visits; facilitating monthly payout meetings in coordination with the general contractor; completing, submitting and following-up with the Owner's payout package; tracking construction progress and making revisions in coordination with the Vice President of Real Estate Development.
  7. Complete the final project close out activities including but not limited to: ensuring all benchmarks for final completion and payments are met; facilitating the conversion to permanent financing; securing 8609s; and completing cost benefit and quality control analysis of the project, including the initial functioning of green policies and systems.
  8. Coordinate and oversee the building completion and turnover process, including but not limited to: facilitating turnover meetings with the General Contractor, Property Management, Asset Management and Organizing departments; communicating critical information required for operations and maintenance; coordinating the turnover of relevant documents; creating punch lists and performing follow up inspections in conjunction with the Asset Management and Property Management departments.
  9. For Homeownership projects: Develop and maintain a comprehensive homeownership marketing and sales program including, but not limited to: maintaining current knowledge of homebuyer resource programs and the City of Chicago Community Land Trust (CCLT); identifying opportunities to market to potential homebuyers; producing clear and relevant bilingual marketing materials; developing relationships with HUD-certified counseling agencies and referring potential homebuyers to counseling and other relevant resources; continuously encouraging, motivating and guide potential homebuyers through the home buying process to the successful sale of each home.
  10. Maintain working relationships and communications with elected officials, City of Chicago Department of Housing (DOH) and Chicago Department of Planning and Development (DDP), Illinois Housing Development Authority (IHDA), Chicago Housing Authority (CHA), Federal Home Loan Bank (FHLB), equity syndicators, foundations, private banks, and any other funders in coordination with the Vice President of Real Estate Development.
  11. Maintain current knowledge of guidelines, policies and procedures for HUD, IHDA, DOH, CHA, Low Income Housing Tax Credit, and all other housing development subsidy programs utilized in Bickerdike housing.
  12. Maintain, coordinate and ensure paper and electronic document archive system for all housing development documents including all government, subsidy, development, and partnership related documents and contracts, and ensure all required reporting is carried out and submitted to partners, governmental agencies and others as appropriate.
  13. Assist the Asset Management Department with the assessment of financial and physical needs of existing housing development projects in Bickerdike's portfolio. When recapitalization is recommended for a project, carry out the housing development process in coordination with the Vice President of Real Estate Development.
  14. Act as a member of the housing development team to ensure the overall effective operation of the Real Estate Development Department. Participate in community and resident organizing activities that have been deemed organizational priorities.
  15. Perform other relevant tasks as assigned.


PHYSICAL REQUIREMENT: :

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable persons with disabilities. While performing the duties of this job, the physical requirements include (but are not limited to):
• Prolonged periods sitting at a desk, conference tables and/or in meetings.
• Ability to use a phone, computer, required software and operate office equipment.
• May have period of standing, excessive walking, talking, hearing, seeing, reading, bending, stooping, kneeling, lifting and/or moving arms, climbing stairs and/or ladders
• May have exposure to outdoor environment with machinery/equipment in the surrounding area, loud noise on construction sites.
• The ability to traverse a variety of properties with stairs.
• The ability to walk through uneven surfaces, including ground, in varying weather conditions.
• The ability to operate a vehicle as well as to work a flexible schedule (early mornings, weekends and/or evenings) on a needed basis.
• The ability to lift and/or move up to 50 pounds.

QUALIFICATIONS:

Bachelor's Degree in a related field plus a minimum of 3 years work experience in development finance, real estate development, real estate finance, or community development required. Green Design and construction knowledge preferred. Proficient knowledge of MS Word, MS Excel, MS Power Point, Architectural software and Project Management internet programs/software tools required. Experience with MS Access and GIS mapping program preferred.

Must have a commitment to community development. Excellent verbal and written communication skills. Possess strong analytical, mathematical and interpersonal skills. Demonstrated ability to successfully multi-task and manage time efficiently. Ability to create comprehensive pro-forma schedules for project proposals. Ability to: collect, interpret, and utilize data effectively; understand and utilize a variety of funding mechanisms; manage multiple projects effectively. Represent the organization professionally. Must be detail-oriented and have strong organizational skills. Excellent written and oral communication skills. Demonstrate the ability to build relationships and work effectively with people of diverse social, economic, and racial/ethnic backgrounds.

Must be willing to work flexible hours. Must have access to a car, valid driver's license and proof of insurance for field work. This position is in person, with no hybrid work from home schedule. Chicago northside residents within communities we serve, preferred

REPORTING RELATIONS:

Under the direct supervision of the Vice President of Real Estate Development. In the absence of this supervisor, shall report to the Chief Executive Officer (CEO).

POSITION CLASSIFICATION:

Full Time, Exempt

BENEFITS:

Bickerdike offers a comprehensive benefits package which includes:
  • Paid Time Off (PTO)
  • Paid Holidays
  • Health Insurance
  • Dental Insurance
  • Vision Insurance (at no cost to employees)
  • 401K Matching
  • Long-Term and Short-Term disability


Monday - Friday
9am - 5pm

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