Senior Affordable Housing Project Coordinator

4 weeks ago


Yonkers, New York, United States Jobot Full time
Project Manager Opportunity with Jobot

We are seeking an experienced Project Manager to join our team at Jobot. As a key member of our organization, you will be responsible for coordinating and closing the acquisition/purchase of assets, coordinating predevelopment activities, managing relationships with lenders and investors, orchestrating financial closings, and assisting with the coordination process during the construction phase.

Why this role?

* Medical, dental, & vision for employee and all dependents
* 403B plan
* Pension plan
* Bonuses
* Generous PTO and sick leave
* Work from home flexibility

Responsibilities:

* Financing: Coordinate preparation of loan packages for acquisition, development, construction and permanent financing. Coordinate application packages to CTCAC, CDLAC, ADOH, TDHCA, and MFA, and all other public agencies for funding allocations.
* Packaging of Project Acquisition/Funding Proposals: Coordinate the preparation of proposals to local, state, and federal agencies, including responses to Requests for Proposals/Qualifications (RFPs/RFQs). Prepare business term sheets that serve as the basis for all housing and regulatory agreements. Establish and periodically update proformas (including predevelopment budget, timelines (including major milestones).
* Budget Administration: Prepare original budgets and cash flows for all phases of projects and coordinate with the Construction and Accounting departments on any necessary future revisions to those budgets and cash flows. Monitor ongoing project budgets to ensure compliance.

Qualifications:

* BS/BA - Bachelor of Science degree in Accounting, Finance, Business Administration, Urban Planning, or other Management related field
* Experience in Low Income Housing Tax Credits
* Experience with specialized affordable housing financing programs such as Low-Income Housing Tax Credits, HOME funds, tax-exempt bonds, AHP, and other federal, state, and local funding sources.
* Experience supporting, documenting and structuring the acquisition of apartment projects and/or land
* Supporting, documenting and understanding operating costs of apartment projects

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