Senior Project Manager_Project Manager

Supervisor:
Director of REDD

Department: REDD

Status:
Full Time;
Exempt

Salary: $75,000 - $90,000 for PM and $105,000 - $120,000 for SPM.

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 Project Manager or 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.

Project Manager

• Owns projects end-to-end – driving schedules and budgets, structuring and closing financing, and serving as the primary external face of the project team.
• Strong coordination skills, attention to detail, and ability to navigate entitlement, financing, and construction processes while maintaining collaborative relationships with local agencies, consultants and internal partners.
• Works under the guidance of the Director of Real Estate Development and collaborates with the Senior Project Manager on larger or more complex developments.

Senior Project Manager

• Operates at a senior leadership level – independently managing multiple projects from acquisition through construction and occupancy.
• Structures complex financing, oversees consultant teams, mentors junior staff, represents CEDC in high-level negotiations, and helps shape long-term development strategies.
• Provides departmental leadership – guiding others, ensuring financial and operational excellence, and representing CEDC’s mission in all public and partner-facing forums.

• 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.

• 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.

• 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.

• 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.

• 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…