Senior Real Estate Project Manager

17 hours ago


Arlington, Massachusetts, United States Housing Corporation of Arlington Full time
About the Role

Housing Corporation of Arlington (HCA) is a 38-year-old nonprofit community development corporation dedicated to providing affordable, stable housing and empowering residents to build a more supportive and equitable community. As a Senior Real Estate Project Manager, you will play a critical role in driving our real estate development initiatives forward.

Key Responsibilities
  • Oversee the completion of the Capital Needs Assessment and implement major capital improvement projects, developing and implementing a comprehensive long-term plan for capital improvements with a focus on energy retrofits and decarbonization.
  • Develop and implement a refinancing strategy to ensure the portfolio's long-term financial and physical health, while providing tenants with safe, affordable homes.
  • Coordinate with the property management's finance department to develop and maintain multi-year project proformas to inform refinancing plans.
  • Establish strong relationships with lenders, public officials, and other stakeholders, submitting funding applications for local, state, federal, and private predevelopment, construction, and permanent loans and subsidies.
  • Manage redevelopment projects through completion, including selection of the project team, funding application submissions, financing closings, and construction.
Requirements
  • At least 4 years of experience carrying out residential real estate development projects, including direct experience with major rehabilitation projects.
  • Experience with affordable housing funding programs, including LIHTC, HOME, CDBG, Section 8, and MRVP, with Massachusetts experience preferred.
  • Experience refinancing and repositioning existing affordable housing portfolios preferred.
  • Familiarity with emerging funding sources for energy retrofits and decarbonization at the state and federal levels.
  • Highly organized, with demonstrated ability to oversee and coordinate activities among multiple players.
  • Demonstrated ability to work independently and in collaboration, with a passion for social justice and a drive to work towards equity.
What We Offer

HCA offers a competitive salary range of $90,000 - $105,000, depending on experience, as well as health insurance, sick leave, vacation time, all state and national holidays off, partial cell phone reimbursement, and retirement savings through the Commonwealth of Massachusetts' CORE plan.

We strive to be a safe, inclusive workplace for people of all backgrounds and encourage applications from people of all races, religions, national origins, gender identities, gender expressions, sexual orientations, neurotypes, and ages, as well as from veterans and people with disabilities.


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