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Senior Project Manager for Real Estate Development
West Side Federation for Senior and Supportive Housing (WSFSSH)
WSFSSH is a non-profit organization providing affordable housing to seniors and others in need of supportive services for over 35 years. WSFSSH develops, owns, manages, and provides supportive services in 24 buildings (in Harlem, the Bronx, and the West Side of Manhattan) serving over 1,700 individuals. WSFSSH specifically seeks to provide quality affordable housing and services to the elderly, homeless individuals, persons living with HIV/AIDS, individuals with mental illness, and others in need of supportive services.
WSFSSH's real estate development includes construction and/or substantial rehabilitation of new affordable and supportive housing units, often in conjunction with development of complementary community facility and/or commercial space, and acquisition/preservation of existing housing units to ensure their long-term affordability. WSFSSH development projects are typically financed via a range of local, state and federal capital grants; equity proceeds from the sale of Historic or Low Income Housing Tax Credits (HTC & LIHC), Brownfield Tax Credits (BTC), &/or New Markets Tax Credits (NMTC); and debt financing. Most projects also require operating subsidies.
Projects WSFSSH is currently engaged include: development of a Bronx brownfield site to include 170 new units of housing with 20,000 square feet of retail; construction of a 480-student charter school in Washington Heights; assemblage of several Upper West Side properties to create 160 units of new affordable and supportive housing; and evaluation of preservation-oriented acquisition opportunities.
The Senior Project Manager for Real Estate Development (SPM) will report to the WSFSSH Director of Real Estate Development and will be responsible for implementing a range of projects from pre-development through construction and permanent financing conversion. The SPM will serve as the primary WSFSSH point person and be responsible for ensuring the on-time and on-budget completion of a minimum of two real estate projects. Organizational and communication skills are foundational to the responsibilities of the position, including:
•Developing and tracking project budgets before and during construction;
•Coordinating, securing, and requisitioning project capital and operating funding sources;
•Communicating with internal and external development team members (i.e. WSFSSH staff, architect, contractor, counsel, & other consultants);
•Coordinating various pre-development activities (i.e. community outreach and notification, tenant relocation, land use approvals, commercial tenant identification, etc);
•Reviewing and negotiating project legal and contract documents;
The successful applicant will be a strategic thinker, with a strong degree of initiative and the capacity to develop and implement critical project milestones. The candidate must be highly organized, with the ability to effectively juggle multiple priorities and maintain an attention to detail. Strong oral and written communication and interpersonal skills are requisite. The ideal candidate will have a demonstrated interest in affordable and supportive housing and a minimum of 3-5 years of real estate development or related project management experience. The candidate must be able to work effectively within a collaborative team approach.
Employment will be based upon personal capabilities and qualifications without discrimination on the basis of race, color, religion, sex, gender identity, age, national origin, disability, sexual orientation, or any other protected characteristic as established by law.
How TO APPLY:
Interested applicants should send 1) a cover letter and 2) a resume by email to HousingDevJobs@wsfssh.org. The cover letter should provide the applicant’s salary requirements and indicate in detail how he/she meets the specific qualifications of the job. For more information about WSFSSH, please visit www.wsfssh.org.