Senior Project Manager (Affordable Housing)

The role

The Senior Project Manager manages all stages of affordable housing development for a portfolio of three to four projects. This includes leading projects from feasibility and acquisition through financing, construction, and transition to operations. The role also involves supervising entry and mid-level development staff.

What you will do

• Identify and evaluate prospective affordable housing and mixed-use development opportunities.
• Lead preliminary site due diligence, feasibility analysis, and assessment of project risks.
• Lead the acquisition and due diligence process for approved sites.
• Create, maintain, and update project pro formas, budgets, and financial models.
• Evaluate financing options and recommend optimal capital stacks.
• Lead the land-use entitlement and public-approval process.
• Direct and coordinate multidisciplinary development teams including architects, attorneys, and engineers.
• Provide owner-side oversight during construction and manage construction budgets.
• Coordinate project marketing, lease-up, and transition to stabilized operations.
• Supervise assigned development staff by setting priorities, delegating work, and coaching performance.

Required qualifications

• At least 5 years of progressively responsible, directly related real estate development experience.
• Demonstrated experience independently managing multiple complex development projects through major milestones.
• Advanced knowledge of the real estate development process.
• In-depth knowledge of affordable housing finance.
• Strong proficiency in project pro forma analysis, financial modeling, development budgeting, and Microsoft Excel.
• Ability to synthesize complex financial, legal, design, construction, and policy issues.
• Demonstrated ability to lead consultants and multidisciplinary project teams.
• Demonstrated experience supervising and developing staff.
• Ability to initiate and maintain effective, cooperative relationships with various stakeholders.
• Strong analytical, problem-solving, negotiation, presentation, and conflict-resolution skills.
• Ability to communicate complex issues clearly and concisely in plain English.
• Highly organized and detail-oriented.

Nice to have

• Substantial experience in affordable housing development
• Review cost estimates, evaluate value-engineering opportunities, and ensure design and program decisions remain aligned with approved budgets and financing requirements

Benefits

• Employer-paid medical and dental insurance
• Life insurance
• 401(k) retirement plan with a 5% employer match after one year of continuous employment
• 14 paid holidays
• Vacation
• Sick days
• Comp days
• Cell phone stipend
• On-site parking

About the company

DECRO is a California nonprofit, tax-exempt affordable housing developer committed to meeting the shortage of affordable and permanent supportive housing. Envision Consulting was retained by DECRO to conduct the search for this position.