Senior Project Manager - Real Estate Development

About Us: For over 40 years, LA Family Housing Corporation has operated two very distinct businesses as a real estate developer and homeless services provider. In fact, in the early 1980’s there were two different corporations formed: Valley Shelter (a homeless services agency) and L.A. Family Housing Corp. (a real estate development company). Due to shared vision, mission, and leadership of the two companies, they legally merged in the late 1980s to become the LA Family Housing Corp that operates today: one of the most trusted and respected leaders in the homeless services industry as well as the affordable and supportive housing development sector. The early leaders of LA Family Housing believed in the strength of this combined model, recognizing that the needs of the community were best served by the seamless coordination of housing and supportive services to effectively end homelessness in people’s lives. LAFH has operated under this combined model to advance our corporate mission to end homelessness and poverty in people’s lives with housing enriched with supportive services.

In 2024, LA Family Housing created LAFHBUILDS, a separate and distinct legal non-profit affiliate corporation to develop, manage, and operate long-term multi-family real estate assets. We continue with our community-based approach which allows us to influence how homelessness is addressed in Los Angeles and nationwide. We take tremendous pride in positioning our staff as national leaders in innovation, best practices, and policy within housing production and homeless services. From presenting at national conferences to facilitating service collaboration among providers in other regions, we equip our industry to effectively respond to homelessness and ultimately move more people home.

Join this incredible team of changemakers and start making a difference in people’s lives today at LAFHBuilds!

Position Summary: We are seeking a Senior Project Manager who will have primary responsibility for the full range of development activities for selected housing and community development projects, including but not limited to managing new projects, as well as the refinance and rehabilitation of existing portfolio on behalf of LAFHBUILDS.

Key Responsibilities:

• Find and evaluate development opportunities for the development of new construction or potential acquisition.
• Manage all phases of development, including: initial feasibility analysis including identifying the needs of the community, population to be served, financial feasibility; overseeing design development; securing all necessary entitlements and financing; procuring and contracting with all third-party consultants; overseeing construction; overseeing lease-up.
• Manage all aspects of financing developments; identify funding sources and complete loan/funding applications (i.e. TCAC, CDLAC, LAHD, LACDA, AHP); secure predevelopment, construction, and permanent financing.
• Coordinate with asset management, property management, and resident services during predevelopment and construction to ensure smooth tenant relations.
• Manage the construction process; select and negotiate contracts with contractors; monitor construction team.
• Manage transition to operations; supervise property management; monitor tenant selection and lease-up.
• Additional tasks, projects, and responsibilities as assigned by supervisor.

Desired Skills and Qualities:

• Knowledge of key aspects of real estate development and finance, land use and entitlement, property due diligence and acquisition, and site planning and design. Experience with all phases of the development process preferred, preferably with at least one project taken from concept through completion.
• Familiarity with structuring and negotiating real estate development transactions and affordable housing finance, including public subsidies, low-income housing tax credits, and tax exempted bonds; ability to creatively combine financing tools to leverage housing funds.
• Knowledge of and experience with loan packaging, public and private affordable housing resources, and subsidy programs.
• Experience preparing funding applications, managing construction financing closings for tax credits projects, and converting projects to permanent financing.
• Ability to initiate and maintain effective and cooperative working relationships with team members, local government agencies, consultants, lenders/investors, and community stakeholders.
• Ability to effectively engage community representatives, including persons with diverse economic and educational backgrounds, in the real estate and community development process.
• Well-organized, detail oriented, and excellent analytical skills; proficiency with sophisticated financial analysis using Excel models.
• Strong analytical and problem-solving skills, good public presentation skills, and excellent oral and written communication skills.
• Ability to work independently with minimal direction.
• Maintain and execute confidential information according to HIPAA standards.
• Obtain and maintain CPR/First Aid Certification.
• Ability to pass post offer Tuberculosis (TB) clearances.
• Travel is a regular duty for this position and is required 15% of the time.
• Use of a personal vehicle to travel between worksites and other locations is required.
• Must have and maintain a valid California Driver’s License and insurance in good standing.
• Ability to work a 9/80 work schedule

Education and Experience:

• Bachelor’s Degree Urban Planning & Development, Real Estate, Finance or a related field preferred.
• Five (5) years of working in the field of real estate development, or the educational equivalent (e.g. bachelor’s degree in a related field).

LAFHBUILDS is an equal opportunity employer. We are committed to creating an inclusive environment for all employees and applicants. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other legally protected status. We encourage applications from individuals of all backgrounds and experiences, and we are dedicated to providing a workplace that respects and values each person's unique contributions.

If you require accommodations during the application or interview process, please contact us at [email protected]. We are committed to providing reasonable accommodations to ensure equal access to employment opportunities.

How to Apply: Interested candidates should submit their resume and cover letter through Indeed. Join us in making a difference in the lives of those in need.

Job Type: Full-time

Pay: $110,000.00 - $150,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid time off
• Vision insurance
• Flexible work schedule with hybrid options
• Opportunities for professional development
• Engaging work environment with a focus on community impact