Affordable Housing Redevelopment Project Manager

Community League of the Heights(CLOTH)

Affordable Housing Redevelopment

Project Manager

Status: Full-Time with full benefits

Location: CLOTH

Background

Community League of the Heights (CLOTH) is a multi-faceted community development and service organization dedicated to supporting and empowering the economically disadvantaged residents of Inwood, Washington Heights and Hamilton Heights. Our mission is to provide the knowledge, resources, and opportunities our residents need to empower themselves and their community. Our work encompasses advocacy, organizing and the providing of services related to decent affordable housing, education, health, youth services, workforce development and neighborhood improvement. Since our inception in 1952, CLOTH has grown from an all-volunteer agency focused on the youth of Washington Heights to an influential community development corporation.

CLOTH is a highly experienced developer of affordable housing and a recognized leader in the transformation of distressed properties into high quality affordable homes. CLOTH’s housing portfolio currently includes over 1,000 units located in the neighborhoods of Inwood, Washington Heights and Hamilton Heights. Our properties serve a variety of different populations including the formerly homeless, youth aging out of foster care, those with chronic mental illness, the elderly, and families. With extensive experience in low-income housing tax credits, HOME, RAD, and other programs, CLOTH has successfully secured millions of dollars in project financing to redevelop and preserve hundreds of units of affordable housing.

Job Description

Community League of the Heights (CLOTH) is seeking a full-time Project Manager to oversee the redevelopment of various affordable housing buildings in Washington Heights, New York city. CLOTH is an experienced affordable housing developer with a portfolio of over 1,000 units. This is an opportunity to redevelop and preserve affordable housing for families in NYC in a dynamic, community-based organization.

Responsibilities and Duties

• This Project Manager will be responsible for implementing a range of projects from pre-development through construction and permanent financing conversion. The Project
• Manager will serve as the primary point person for CLOTH’s redevelopment projects and will be responsible for ensuring the on-time and on-budget completion of projects.
• The Project Manager must have the ability to work both as part of a team and independently on complex assignments. Specific responsibilities include the following:
• Manage real estate development projects from predevelopment through construction.
• Oversee project development and team.
• Review and negotiate project legal and contract documents.
• Monitor construction process including progress schedules and project financial management.
• Prepare, analyze, and revise functional proformas.
• Communicate with internal and external development team members (i.e. architect, contractor, HPD, or other consultants).
• Develop and track project budgets before and during construction.
• Coordinate relocation for existing tenants during construction.
• Marketing of rental units and selling of rehabilitated low-income cooperative units.

Skills, Behaviors and Experience Required

• Bachelor’s Degree required, Master’s Degree in Real Estate, Planning, Public Administration or Business preferred.
• Minimum two years of real estate experience required.
• Real estate development experience, including experience in affordable and LIHTC housing development preferred.
• Knowledge and experience with NYC HPD programs such as YR 15, PLP etc.
• Solid understanding of operating budgets and proformas with experience in the use of various related computer programs including Microsoft Suite.
• Ability to successfully manage and complete complex development projects that involve multiple sources of financing.
• Excellent verbal and written communications and interpersonal skills.
• Ability to take initiative and work with directed, but limited, supervision.
• Experience with and interest in working in a community-based organization.
• Bi-lingual Spanish & English preferred.

To Apply

Send your resume and cover letter to Samantha at saroman@cloth159.org. Please include “Affordable Housing Redevelopment Project Manager” in the subject line.

Equal Opportunity Employer

CLOTH is an equal opportunity employer. We strongly encourage and seek applications from women and people of color including bilingual and bicultural individuals. Applicants will not be discriminated against because of race, color, religion, sex, national origin, ethnicity, age, disability, sexual orientation, gender identity or expression, or any other characteristic protected by law.

Job Type: Full-time

Pay: $80,000.00 - $85,000.00 per year

Benefits:

• 403(b)
• Health insurance
• Paid time off

Application Question(s):

• Must have Real Estate experience & Affordable housing & LIHTC housing development.
• Must have knowledge & experience with NYC HPD programs ex: YR 15, PLP etc.
• Must have solid understanding of operating budgets & proforma with experience in the use of various related computer programs ex: Microsoft Suite.
• Must have Management & leadership skills: Planning & execution

Education:

• Bachelor's (Preferred)

Experience:

• Real Estate: 2 years (Preferred)

Language:

• Must be fluent in Spanish and English. (Preferred)

Work Location: In person

Salary : $80,000 - $85,000