Project Manager, RE Development

Job Details
Job Location: West 37th Street - NEW YORK, NY
Position Type:    Full Time
Education Level:    Not Specified
Salary Range:    $ $ Salary/year
Job Category:    Real Estate

Description

About SHF: Settlement Housing Fund, Inc. (SHF) is a nonprofit organization which creates and sustains high-quality affordable housing and programs, building strong and economically diverse neighborhoods throughout New York City. SHF works closely with community partners to provide low- and moderate-income New Yorkers with pathways to long-term affordable housing, education, employment, and wellness. SHF currently oversees approximately 3,100 units of affordable housing in 51 buildings, located in the Bronx, Manhattan, and Brooklyn; and has pipeline of more than 1,300 new units in construction or predevelopment. 

Overview of position: SHF is seeking a Project Manager to support the development process for a mixture of acquisition, new construction, and preservation projects.

Salary Range: $90,000 to $110,000; commensurate with experience. SHF offers a hybrid work schedule, excellent benefits, including medical, dental, and retirement. This is a fantastic opportunity for a professional seeking a highly successful organization with the opportunity to grow, take initiative and  ownership of meaningful work.

Report to: Director of Real Estate Development

Responsibilities:

• Conduct predevelopment activities, including but not limited to managing design development, financing applications, and City/State/Federal approvals.
• Evaluate and assess potential real estate acquisitions, including responding to Requests for Proposals.
• Oversee repositioning and refinancing transactions within SHF's existing portfolio.
• Coordinate consultants and partners, such as architects, general contractors, attorneys, environmental consultants, financing and local partners. Review legal agreements, manage relationships and work progress, and coordinate payment.
• Underwrite transactions, manage budgets including the tracking of predevelopment expenditures, and develop financial models.
• Coordinate financing closings, including communicating with partners, reviewing legal documents, and managing submissions to lenders and investors.
• Develop and maintain relationships with resident, neighborhood, and community leaders. Prepare for and lead resident focused meetings and implement strategies to engage and empower stakeholders in the development process.
• Participate in construction administration, identify decisions for ownership and coordinate decision-making process, submit monthly requisitions to lenders.
• Coordinate resident relocations with property management agent and consultants.

We are committed to hiring from a diverse pool of candidates. We are creative in our work and if you don't meet all of the qualifications below but have others that make you well-suited to this role, we highly encourage you to apply. Settlement Housing Fund is an equal opportunity employer.

Qualifications

Our ideal candidate will bring affordable housing experience, good judgment, and resourceful problem-solving skills. They will be an independent and innovative thinker who is adept at collaboration and committed to SHF's mission. The Project Manager will possess many of the following skills and qualifications:

• 2+ years of experience in affordable housing; New York City experience preferred
• Interest in working at a mission-driven organization
• Expertise in financial underwriting, data analysis, and Excel
• Strong organizational, analytical, communication, and writing skills; detail-oriented
• Experience networking, communicating, and mobilizing support in a community-based context
• Familiarity with construction, building systems, and general property management
• Ability to work in a fast-paced environment and complete multiple tasks with simultaneous deadlines
• Demonstrated track record of learning quickly and being able to work both independently and with a team
• Demonstrated ability to take initiative, suggest new ideas, and move tasks forward
• Available for frequent local travel (within walking distance of public transit) and occasional weeknight work
• Commitment to principles of diversity, equity, and inclusion. Preference for candidates with lived experience connected to SHF's mission.

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