42 Harkness Ave
East Longmeadow, MA 01028
|Salary Range:||Location:||To Commensurate With Experience||SPRINGFIELD, MA|
|Job Type:||Category:||Full Time||Real Estate/Mortgage|
|Education Level:||Work Experience:|
Preference: Nice to have
Preference: Nice to have
|Home City Development Inc. (HCDI) seeks a real estate project manager to develop affordable housing and neighborhood improvement projects in Springfield (MA) and surrounding communities. |
HCDI develops and operates multi-family rental properties and supports community residents in the Greater Springfield area. Home City began in 1968 and continues today to:
Restore or replace substandard housing with a supply of decent, affordable, and well-managed housing for individuals and families, and
Assist in the improvement of neighborhoods in partnership with residents, lenders, and others who have a stake in the community
HCDI seeks to improve the housing stock in greater Springfield while serving the needs of vulnerable populations. HCDI engages community residents in program activities to support workforce readiness, youth development, and financial independence. HCDI assists residents in accessing services such as fuel assistance, mediation, and case management.
HCDI has an active pipeline of projects, including:
Conversion of the 100-year-old historic school building into 42 units of mixed-income housing, including the construction of a new community center in the Old Hill neighborhood of Springfield—in construction.
Moderate renovations to an 18 unit apartment building, with set-asides for homeless families in downtown Northampton—closing this Spring.
New construction of 34 mixed-income family units in 40B suburban development in Pelham—currently in predevelopment
New construction of 33+ units of for-sale housing in a location in Springfield and/or Holyoke—currently pursuing site acquisition
At least 2 more potential projects are expected to become available in the next few months.
The position of Real Estate Development Project Manager is a critical, visible position requiring experience in residential property development. The Real Estate Development Project Manager will manage the start-up and transition phases of various affordable and/or supportive housing projects and will work with development partners to create new construction affordable housing. The Real Estate Development Project Manager will review proposals for capital, design, and operational funding. He/she will be responsible for due diligence and compliance for all new housing investments, liaising with relevant governmental and financial agencies. The Real Estate Development Project Manager will oversee day-to-day administration, to successfully complete projects under construction, as well as start-up and transition of supportive housing developments to deliver successful, fully operational affordable housing.
The Real Estate Development Project Manager will work closely with the Director of Real Estate Development, the Executive Director, consultants, property managers, and other staff to complete new projects, develop a project pipeline, and ensure the stability of our existing portfolio of properties.
Responsibilities will include:
Analyze project financial feasibility and evaluate ongoing project financial performance
Develop business including responding to Requests for Proposals and for Qualifications
Research and evaluate various local, state, and national affordable housing and related programs, and prepare applications for funding
Represent with city officials, non-profit clients, and other decision-makers, providing strategic guidance to key partners on development issues as requested
Manage and coordinate design, development, and finance-related work during project pre-development and construction
Manage projects through completion, including quality-control, schedules, and requisitions
Develop and monitor project schedules, using industry scheduling software, such as Microsoft Project
Review architectural and construction documents
Review legal documents, including partnership and consultant agreements, to ensure that key business terms are captured
Work on assigned administrative and organizational project tasks
Manage and advise part and/or full-time interns
Perform other duties as needed and as assigned
|The ideal candidate is committed to the mission, hard-working, and interested in growing their own development skills and experience. Have a deep respect for and understanding of the difficulties that the poorest of our community face and a deep desire to help them succeed, as well as many of the following skills and qualifications:|
Bachelor’s Degree in Real Estate, Business, Urban Planning, Architecture, or related field
At least 2-3 years of experience working in real estate development, community development, or closely related work.
Real estate transactional experience and understanding of affordable housing finance programs and applications in Massachusetts, including the Massachusetts One-Stop strongly preferred.
Strong financial and analytical skills, including experience with financial modeling.
Excellent interpersonal, oral, and written communication skills
Proven ability to organize people, files, tasks, and other elements of complex projects.
Familiarity with non-profits and with city government, and skill navigating complex organizations. Able to assemble, correlate and analyze facts, creatively conceptualize, implement customized solutions to problems, and prepare concise summaries.
Expertise in Microsoft Office applications, particularly Excel, Project, and Word.
Please submit all resumes and questions to firstname.lastname@example.org