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Alembic Community Development
Alembic currently seeks a full-time equivalent Project Manager to oversee all phases of an affordable or supportive housing project, from predevelopment, construction, through conversion, and serve as the Alembic representative on the development team. The Project Manager, with supervision from the Director of the New York Office, will work to fulfill Alembic's mission to develop affordable and supportive housing, often in joint venture partnerships with nonprofit housing and service providers.
Work independently, or with a small team of colleagues through all phases of an affordable or supportive housing project. Responsibilities include:
•Participating in project identification, site assessment and feasibility analysis for development.
•Participating in selecting the development team.
•Identifying and securing financing from public and private sources, preparing pro formas and completing applications and due diligence requirements.
•Participating in community planning and outreach efforts.
•Coordinating construction oversight, processing of requisitions, and project financial management.
•Working with development team on the completion of lease-up process.
•Working with development team through the conversion process.
•Real estate development experience, including experience in affordable and LIHTC housing development, preferred.
•Commitment to working with community-based organizations and a shared commitment to Alembic’s mission and values.
•Experience in the non-profit, government, or for- profit real estate development sector preferred.
•Ability to successfully manage and complete complex development projects that involve multiple sources of financing.
•Excellent verbal and written communications and interpersonal skills.
•Experience in financial modelling, construction management, asset management desired but not required.
•Professionalism and diplomacy in maintaining client relationships.
•Ability to take initiative and work with directed, but limited, supervision.
How TO APPLY:
Please email cover letter, resume and references to:
Heidie Joo Burwell Alembic Community Development firstname.lastname@example.org Subject Line: New York Project Manager Deadline: September 5, 2014
No phone calls please. We will be contacting applicants for interviews.
Alembic Community Development is an equal opportunity employer.
Alembic is a community development company that makes long-term commitments to partnerships and investments in underserved neighborhoods through real estate development, organizational capacity building and community-based planning initiatives. The company was founded in 1998 in New York City as a consulting firm (Warnke Community Consulting) to community organizations, and in 2005 expanded its focus to include real estate development in order to create equitable joint venture partnerships with nonprofit organizations for affordable and supportive housing developments. In 2006, Alembic began its sustained work in the Gulf Coast and established its New Orleans Office in response to communities’ ongoing recovery needs following Hurricane Katrina.
Through our real estate development work, we plan, finance and build affordable and supportive housing and community facilities in collaboration with nonprofit organizations and residents in New York, Louisiana and Mississippi. To date, Alembic has assisted in the development of over 1,100 units of affordable, supportive and senior housing. Alembic currently has six housing projects in construction with a total of 380 units and a total development cost of $150 million. The company has one commercial building in construction with a total of 33,000 square feet and total development costs of $14 million. In addition, Alembic has five housing projects in predevelopment.