Associate Project Manager

April Housing

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profile Job Location:

Los Angeles, CA - USA

profile Yearly Salary: $ 110000 - 125000
Posted on: 2 days ago
Vacancies: 1 Vacancy

Job Summary

April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles April Housing is the asset management business that oversees Blackstones affordable housing and LIHTC portfolio. April oversees a portfolio of over 85000 affordable housing units in approximately 650 communities. April Housing seeks to preserve critical affordable housing stock while providing best in class management and high-quality housing. April is committed to being a fair transparent and responsible owner.

April Housings long-term commitment to owning affordable housing is supported by Blackstone Funds predominantly BREIT a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable addition to managing a growing portfolio April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housings Standards of Excellence in Residential Operations.

In its pursuit of excellence April Housing is looking for individuals who share in its mission to provide high-quality housing to affordable residents.

The Associate Project Manager supports the Preservation Teamunder the direction of VP Project Managers and the Head of Preservationin executing Year 15 resyndications and acquisition-rehabilitation transactions. This role bridges tactical execution and strategic coordination managing key aspects of project development while mentoring junior staff and collaborating across departments.

What you will do:

Project and Consultant Management

  • Provide input on development team selection including design professionals due diligence consultants general contractors and construction managers.

  • Manage all consultants during predevelopment and construction (relocation survey geotechnical environmental etc.).

  • Create and maintain project schedules from predevelopment through closing construction and stabilization; manage multiple projects concurrently.

  • Assist the Director of Construction with preparation of general contractor contracts.

  • Fully collaborate with asset management property management resident services and relocation consultants during predevelopment and construction.

  • Partner with the postclosing management team to ensure smooth transition to stabilized operations.

Transaction Support and Due Diligence

  • Assist VP Project Managers throughout acquisition and rehabilitation transactions.

  • Assemble tax credit and taxexempt bond applications including bond inducement packages.

  • Manage due diligence reviews: title appraisals market studies physical needs assessments (PNA) environmental assessments radon analysis and related reports.

  • Fully Manage and track closing deliverables for construction and permanent financing.

  • Work with the Draw Administrator to ensure timely preparation and submission of funding draw requests during rehabilitation.

  • Manage transition to post-stabilized operations with post-closing management team.

Financial Analysis and Budget Management

  • Research and validate financial assumptions; assist underwriters with pro forma development.

  • Develop maintain and oversee predevelopment and construction budgets.

  • Monitor cost performance and support the Director of Construction with change order review and budget reconciliation.

Problem Solving and Strategy

  • Review state Qualified Allocation Plans (QAPs) and analyze competitive funding criteria.

  • Identify applicable tax abatements and advise on qualification strategies.

  • Identify diagnose and resolve complex discreet issues within the development cycle.

  • Ensure accuracy and completeness of documentation and project deliverables.

CrossDepartmental Collaboration and Leadership

  • Serve as a liaison to Asset Management Capital Markets Legal Accounting and FP&A.

  • Ability to lead external communications with lenders investors public agencies and stakeholders.

  • Contribute to interdepartmental projects that streamline operations and strengthen the platform.

  • Provide coaching and guidance to Assistant Project Managers; welcome feedback apply coaching constructively and foster a culture of growth and collaboration.

What you should have:

  • Experience: Minimum of 3 years in affordable housing and LIHTC project development. Prior work with a LIHTC developer exposure to both private and public debt financing and participation in at least two successful LIHTC financial closings strongly preferred. Multistate LIHTC experience preferred.

  • Education: Bachelors degree required (preferably in real estate urban planning business administration public policy or related field). Masters degree preferred.

  • Communication: Proven ability to communicate clearly and collaboratively: listens actively confirms understanding and engages across teams. Strong written communication and email etiquette required.

  • Technical proficiency: Exceptional attention to detail and organizational skills. Proficiency in Microsoft Excel Word and PowerPoint required; experience with a plus. Demonstrated problemsolving ability and intellectual curiosity.

  • Project management: Strong organizational skills with the ability to manage multiple deadlines and align tasks to program goals.

  • Travel: Occasional outofstate travel required.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers the California Fair Chance Act and any other applicable city county or local ordinances. Good cause exists for a criminal background check because one of the material duties of this position requires access to sensitive financial information and confidential and proprietary information and accordingly requires the candidate to possess a high level of integrity and discretion. The Company faces a significant risk to its business operations or business reputation if a criminal history check is not performed. A criminal history that has a direct adverse and negative relationship with these material duties may potentially result in the withdrawal of a conditional offer of employment.

Base Compensation Range:

$110000.00 To $125000.00 Annually. This represents the presently-anticipated low and high end of the Companys base compensation range for this position. Actual base compensation range may vary based on various factors including but not limited to location and experience.

Total Direct Compensation: This job is also eligible for discretionary bonus and incentive compensation on an annual basis.

Benefits: The Company provides a variety of benefits to employees including health insurance coverage retirement savings plan paid holidays and paid time off (PTO).

The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans policies practices agreements or other materials or documents as in effect from time to time including but not limited to terms and conditions regarding eligibility.

Please review the job applicant privacy notice here.

EEO Statement

April Housing is an equal opportunity accordance with applicable law we prohibit discrimination against any applicant employee or other covered person based on any legally recognized basis including but not limited to: veteran status uniformed servicemember status race color caste immigration status religion religious creed (including religious dress and grooming practices) sex gender gender expression gender identity marital status sexual orientation pregnancy (including childbirth lactation or related medical conditions) age national origin or ancestry citizenship physical or mental disability genetic information (including testing and characteristics) protected leave status domestic violence victim status or any other consideration protected by federal state or local law. We are committed to providing reasonable accommodations if you need an accommodation to complete the application process please email


Required Experience:

IC

April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles April Housing is the asset management business that oversees Blackstones affordable housing and LIHTC portfolio. April oversees a portfolio ...
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Key Skills

  • Bluebeam
  • Construction Estimating
  • Construction Experience
  • ProCore
  • Microsoft Outlook
  • Prolog
  • Construction Management
  • Project Engineering
  • Project Management
  • Project Management Software
  • Microsoft Project
  • Budgeting