Development Project Manager

OVERALL DESCRIPTION OF JOB SCOPE AND RESPONSIBILITIES:

The Development Project Manager is responsible for providing technical support to the project development team on all aspects of a real estate development project from early conception through completion. The Development Project manager will serve as a key contact in assigned market to generate new business opportunities in partnership with the Market President. Responsible for facilitating the process of obtaining entitlements, networking with various parties for project support, and overseeing all applications for project funding.

This position reports to the assigned Market President, retains relationships with peers and all other departments within the company, maintains relationships with current and prospective residents, and maintains relationships with suppliers, vendors, and others serving the Company or the property.

• Please note that the essential job functions listed here are not all-inclusive, rather they indicate the types of activities normally performed by this position and, therefore, may be modified and revised. Other duties may be required and assigned from time-to-time.
• Work with the Market President to generate new business opportunities to successfully solidify a constant pipeline of projects.
• Identify market and site identification for LIHTC, Workforce, RAD, etc. housing projects.
• Manage pre-development work such as, QAP site scoring and viability, zoning, QCT/DDA status, local government support, community support site design/yield study, and financial feasibility.
• Assist with obtaining entitlements, including attending entitlement meetings (jurisdictional staff, council, commissioner, zoning board, etc.), neighborhood meetings, and community events.
• Work with Market President and Financial Analyst to determine optimal financial structures and funding sources for the future proposed developments.
• Prepare development status reports for management and funding sources.
• Network and build relationships with municipalities, non-profits, brokers, and landowners to source potential real estate prospects and track upcoming RFP‘s.
• Coordinate with development, architecture, construction, and property management departments in determining the feasibility of real estate projects identified and selection of projects to pursue.
• Work in conjunction with the architect to review design development and construction documents to ensure conformance with development scope and defined construction standard specifications, as well as federal, state, and local contractual requirements for design specifications (e.g. minimum square footages, mandatory design guidelines, green building requirements, etc.)
• Prepare documentation for submittals to various housing finance agencies, HUD, and other financing sources, in partnership with Development Coordinator (if one assigned to market).
• Prepare application materials for any applicable government/quasi-governmental funding programs and respond to any concerns to resolve deficiencies; prepare post award documentation and submit according to deadlines.
• Initiate strategic planning for future development sites and developmental activities.
• Conduct site visits for potential and existing projects.
• Assist the development department in project management efforts for future projects.
• Attend the annual state conference and QAP workshops as directed by Market President.
• Participate in events held by Affordable Housing support organizations and other community programs sponsored by government and non-profit organizations.

• Graduation from an accredited four-year college or university is required with major coursework in real estate, finance, business administration, or another related field.
• Three to five years of direct transactional work experience with state or federal housing programs required. Experience with Low Income Housing Tax Credit (LIHTC) program under Section 42 of the Internal Revenue Code is required.
• Maintain up to date knowledge of changes in laws or requirements that affect company interest of performance.
• Ability to gather,…