Project Manager

Description

Who We Are

Resources for Community Development (RCD) is a leading regional nonprofit developer and provider of affordable housing. RCD’s mission is to create and preserve affordable housing for people with the fewest options, to build community, and enrich lives. RCD fosters strong, inclusive neighborhoods through strategies that address the health, economic development, education, and housing needs of residents across the community.

Over the past 40 years, we have developed or preserved over 65 communities that provide affordable, high-quality, and service-enriched rental housing to 2,660 low-income households throughout the Bay Area. Through a robust pipeline, RCD is actively growing with over 1,000 new apartments in development or under construction. RCD strives for excellence, and we are seeking an outstanding candidate to join our team.

“What I really love about RCD is how much positive impact we have in people’s lives just by where we build, how we design, and the services we offer. It’s incredibly motivating to open the doors to residents and watch them thrive.” –Dan Sawislak, Executive Director 

The Role

The Project Manager, under the direction and supervision of RCD’s Associate Director of Real Estate Development, will have primary responsibility for a full range of real estate activities relating to the development of affordable multifamily housing, ranging from entitlements and community engagement work through construction closings, construction management, and lease-up and transitioning into full operations. Successful candidates will have current housing development experience and a passion for growth within the affordable housing industry. RCD prides itself in being an industry leader in taking on complicated projects with positive impacts in the communities where we work while advancing intellectual and technological innovation in affordable housing development. We are looking for entrepreneurial, collaborative persons able to move multiple projects forward for this position simultaneously. The position will offer the opportunity to develop impactful projects in our communities and contribute to the organizational growth and direction for RCD’s future.

Essential Responsibilities

Project Financing

• Responsible for researching and securing funding sources to support feasibility, pre-development, construction, and permanent loan phases of development.
• Oversee preparation and submittal of complete funding applications, including, but not limited to, organizing and assembling reports, attachments, graphics, budgets, narratives, letters, certifications, and other documentation, as needed, while achieving financing deadlines and maintaining high quality work product.
• Represent RCD and its development activities at funder, council, and other meetings, as needed.
• Assist with creating and managing RFPs, selection, and negotiations related to lender and equity investments.
• With support from senior real estate development staff, negotiate terms with lenders and investors, as appropriate.
• With support from senior real estate development staff, assign and oversee tasks assigned to support staff, as appropriate.

Entitlements

• Research zoning, entitlements, and environmental requirements and procedures.
• Assist with submissions and approvals of zoning applications and other required city approvals.
• Participate in community outreach and engagement work, including making presentations to community groups, commissions, design review boards, city councils, board committees, etc.

Project Management

• Responsible for procurement and contract negotiations with a variety of development-related vendors, consultants, and contractors
• Responsible for managing development-related vendors, consultants and contractors, and ensuring timely and high-quality deliverables for their work 
• With support from senior real estate development staff, manage the design development, construction estimating, and construction execution processes, using continuous input from asset management, property management, and services departments, from concept to completion.
• With support from senior real estate development staff, coordinate and oversee the overall development team's work to maintain project budgets, quality, and schedule.
• Oversee scheduling and coordination of marketing and lease-up of properties.
• Ensure successful close-out of financing, permitting and construction requirements.
• Assist with management and resolution of construction warranty claims during the first year of project occupancy.
• Manage the transition of completed projects from development to operations, including the complete packaging and transfer of project documents, agreements, and terms to asset management and resident services teams

Budget Management

• With support from senior real estate development staff, responsible for developing and managing multiple project budgets, cash flow projections, and schedules, from project inception through construction completion, including implementing cost containment strategies and value engineering processes throughout.

Organizational Responsibilities

• Participate in department, RCD, and other staff or industry meetings and activities, as appropriate or required

Requirements

Qualifications & Skill Set 

Qualified applicants should have at least three years of progressive experience in affordable housing, finance, and/or real estate. The position requires a strong knowledge of affordable housing real estate development, affordable housing funding programs, real estate finance, and construction.

The applicant should have demonstrated experience and/or abilities in the following areas:

• Strong organizational skills and an ability to juggle, prioritize and delegate in a fast-paced environment.
• Demonstrated relationship-building experience and an ability to work collaboratively with the diversity of affordable housing and real estate development stakeholders.
• Strong negotiation skills and experience.
• Experience in preparing and analyzing pro forma financial spreadsheets, cash flow projections, and other relevant financial and physical analyses of real estate.
• Clear and effective verbal and written communications.
• Ability to work with minimal supervision.
• An entrepreneurial mindset and an interest in exploring new product types and partnerships.
• Bachelor’s degree in finance, economics, urban studies, architecture or related field, or equivalent combination of education and/or experience, required.
• MBA, master’s degree in city planning or related field, preferred.

Work Environment

 RCD is currently practicing a hybrid work model. Depending on your distance from our main office in Berkeley, you will be expected to work up to two days in the office.

Travel Requirements

The responsibilities of this position will require occasional travel to off-site locations around the San Francisco Bay Area.

Physical Requirements

While performing the duties of the job, the employee is regularly required to sit, speak and hear. Requires frequent use of a keyboard, computer monitor and phone. Must be able to communicate clearly, both verbally and in writing. Must be able to lift up to twenty (20) pounds occasionally. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of the job.

Application Procedure & Compensation

Applicants should send a cover letter, resume via Paylocity. Applicants with suitable experience and/or skills will be contacted for interviews. People of historically marginalized groups are strongly encouraged to apply.

RCD offers competitive benefits including: paid vacation and sick leave; health, dental, vision, life and long-term disability insurance; pre-tax flexible spending and commuter plans; and employer contributions to a retirement savings plan.

The salary range for this position is $108,900 to $114,600, based on factors including experience, qualifications, role specialization, and market conditions. Salary placement within this range considers current and past employees' salaries for similar roles, budgetary limits, and market demand.

RESOURCES FOR COMMUNITY DEVELOPMENT IS AN EQUAL OPPORTUNITY EMPLOYER

Salary : $108,900 - $114,600