Salary Range: $85000 - $95000
This is a full-time hybrid position involving a combination of in-office remote and field work. Please attach cove letter.
JOB SUMMARY:
The Project Manager will support supportive and affordable housing projects from pre- development construction through conversion to permanent financing with supervision from the Vice President of Real Estate and Development. The Project Manager will also work on projects to preserve ICLs existing housing portfolio including overseeing projects to increase energy efficiency. This position offers the opportunity to directly impact the lives of low-income New Yorkers in need of housing and supportive services.
ESSENTIAL JOB FUNCTIONS:
- Conduct predevelopment activities including but not limited to managing design development financing applications and City/State/Federal approvals.
- Coordinate with internal and external development team members towards successful project completion including architects general contractors attorneys environmental consultants financing partners and others.
- Evaluate and assess the zoning and financial feasibility of potential real estate transactions including responding to Requests for Proposals.
- Oversee capital projects in ICLs existing real estate portfolio
- Review contracts manage relationships and work progress and coordinate payment.
- Underwrite transactions manage budgets including the tracking of predevelopment expenditures and develop financial models.
- Apply for funding to facilitate new construction preservation and supportive housing real estate projects
- Coordinate financing closings including communicating with partners reviewing legal documents and managing submissions to lenders and investors.
- Participate in construction administration identify decisions for ownership and coordinate decision-making process submit monthly requisitions to lenders.
- Other duties assigned based on operational needs.
ESSENTIAL KNOWLEDGE SKILLS AND ABILITIES:
- Committed to active promotion of ICL values and goals.
- Excellent oral and written communication skills.
- Organized solution oriented driven to take projects to completion.
- Proficient in MS Office Suite with strong excel skills.
QUALIFICATIONS AND EXPERIENCE:
Bachelors degree with at least two years of relevant experience
- Experience in urban planning real estate development or finance business or other relevant
- Working knowledge of NYC/NYS affordable housing programs financial modeling/underwriting
PREFFRED QUALIFICATIONS:
- Graduates of/or current students in a masters program in urban planning public policy real estate development construction management or architecture.
Required Experience:
IC