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Project Management Associate (Real Estate Development)

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Posted : Tuesday, March 05, 2024 09:43 AM

Company Description About Abode Communities Abode Communities is a nonprofit social enterprise that has been rooted in community development throughout the State of California since 1968.
As an affordable housing developer and architect, our work fosters a culture of housing inclusion by integrating families and individuals with neighborhoods so communities at-large can thrive.
Equal Opportunity Policy Abode Communities embraces equal opportunity and diversity is a core value.
We define diversity as “Fostering an organizational culture of inclusion, where different experiences and perspectives of those we serve and those with whom we work are respected and valued.
” Abode Communities fosters a work environment that is free of discrimination and harassment, whether based on race, national origin, gender, gender expression, religion, ethnic background, age, disability, marital status, sexual orientation, or any other criterion prohibited by applicable federal, state, or local laws.
We seek to recruit, develop, and retain talented people from diverse candidate pools.
Applications from traditionally underrepresented communities are encouraged.
Job Description Position Summary Under the direction of the Associate Vice President, Development, the Project Management Associate’s primary responsibility is to implement and coordinate a broad range of real estate development and related activities for various affordable housing and community development projects.
A primary function of this position is to assist in obtaining high-level financing and serve as a liaison for the company in its project-specific dealings with various public and private financial institutions.
Primary Responsibilities & Accountabilities Assists project managers by conducting feasibility analyses and organizing critical community support efforts as part of the land use entitlements process; Assists an assigned project manager with community outreach and engagement efforts; Supports project manager in tracking expenses during predevelopment, construction and post-construction; Support Project Managers’ financial modeling efforts by researching current fees required by various jurisdictions and utility companies applicable to affordable housing development projects; Support the solicitation and analysis of consultant proposals for specific scopes of work during each phase of a project’s development; Support the preparation, completion and coordination of grant and loan applications to various private and public funding agencies related to affordable housing and community development projects; Support Project Managers by administering loan closings, including working with attorneys, lenders, investors, and escrow and title companies in the coordination and delivery of due diligence, legal and financial documents; Coordinate, as needed, with Abode Communities’ Finance Department to prepare, maintain and submit funding draws to numerous financial institutions for acquisition, predevelopment and construction phases of affordable housing projects; Coordinate preparation and/or analysis of real estate documents such as easements, title reports, relocation documentation, utility service applications, etc.
Maintain accurate and up to date project files.
Conduct extensive real estate information research as requested.
Provide administrative support to Project Managers and the Real Estate Division, such as filing, scanning, photocopying, etc.
Special projects as designated by SVP, Development, AVP, Development or designee.
Qualifications Equivalent Education, Experiences, Skills, Knowledge, and Abilities: Minimum bachelor's degree and two-years work experience; graduate degree in related field preferred; OR equivalent years of work experience in urban planning, housing development, real estate development, business, finance or a related field will be considered.
Knowledge of local, state and federal housing financing programs, including Low income Housing Tax Credits (LIHTC), Tax-Exempt Bond financing, and assorted programs administered by local and state agencies such as HCD, HCID, LACDA, etc.
Proficiency with computer programs and spreadsheet software such as Microsoft Excel, Microsoft Word and Microsoft PowerPoint.
Ability to read, analyze, and interpret financial reports and legal real estate documents.
Strong math and analytical abilities.
Ability to conduct financial analysis and prepare budgets.
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
Capacity to handle multiple tasks simultaneously in an organized, efficient and timely manner and successfully meet project deadlines.
Excellent organizational, time management and problem-solving skills.
Strong verbal communication skills and clear writing ability.
Self-starter, able to take initiative, and work well under pressure.
Ability to initiate and maintain effective, cooperative working relationships with colleagues, consultants, and development team members.
Additional Information All your information will be kept confidential according to EEO guidelines.
Compensation and Benefits The target salary range for this role is $30 - $35/per hour; offers are commensurate with the education and experience of the finalist.
Additionally, a full benefits package is offered which includes: health, dental and vision insurance, long term disability insurance, 401K plan, paid vacation and sick leave benefits.

• Phone : NA

• Location : 1149 South Hill Street, Los Angeles, CA

• Post ID: 9001392833


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