Full-Time/Part-Time Full-Time
Description Senior Project Manager - Affordable Housing DevelopmentSummary/Objective: This position assists the Head of Development and Senior Development staff with the acquisition, underwriting, and managing the development of affordable housing projects -- both the new construction and the rehabilitation of existing multifamily housing.
Classification: Non-exempt (eligible for overtime)
Hybrid Schedule- 3 days in office/ 2 days work from home
Location: New York, NY 10022
Primary Responsibilities: - 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 monthy requistions for funding from public & private lenders during the construction period; and
- Assist with special projects as they arise.
Requirements: - 4+ years of work experience, with at least 2 years in affordable housing development or finance or related field
- Bachelor's Degree required, Master's degree preferred
- Knowledge of HUD Project-Based Section 8 and Federal Low Income Housing Tax Credit programs preferred but not required
- Must be 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
- Some travel may be required.
Salary Range: $115,000 - $125,000
Benefits: - Medical Insurance: 100% of medical benefits paid for employees only
- Voluntary dental and vision plan options
- Bonus Eligible
- 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
- Voluntary accident insurance, critical Illness insurance, and hospital indemnity Insurance
- Employee Referral Program
- Employee Assistant Program (EAP)
Position Senior Project Manager
Number of Openings 1
Location Paths Development LLC
This position is currently accepting applications. 
