Abode Communities' mission is to open doors in people’s lives through creative and responsible design, development and operation of service-enhanced affordable housing and community based architecture. A social enterprise established in 1968, the organization provides a multi-disciplinary community investment approach focused on four key areas of service: architecture, real estate development, property management, and resident services.  Our mission is to open new doors in people’s lives through creative and responsible design, development and operation of service-enhanced affordable housing.

Abode Communities Real Estate has created some 45 affordable residential communities with more than 2,700 homes throughout California; leveraged some $545 million in economic activity; generated more than $225 million in tax credit financing; and secured more than $120 million in local funding sources. In addition to the production of new affordable housing, the organization’s development team has expertise in acquisition and rehabilitation of existing affordable housing (with or without expiring affordability covenants), as well as the re-syndication of properties within its own housing portfolio as a means to extend the useful life of the asset and ensure affordability in perpetuity.

Under the direction of the Senior Vice President, Development, the Project Manager will have primary responsibility for the full range of development activities for selected housing and community development projects on behalf of Abode Communities.

SPECIFIC DUTIES AND RESPONSIBILITIES

1. Manage all phases of development including financial feasibility analysis, overseeing design development, securing all necessary entitlements and financing, procuring and contracting with all third party consultants, overseeing construction.

2. Manage all aspects of financing developments; identify funding sources and complete loan/funding applications; secure predevelopment, construction and permanent financing.

3. Coordinate with asset management, property management and resident services during predevelopment and construction to ensure smooth tenant relations.

4. Manage the construction process; select and negotiate contract with contractors; monitor construction team.

5. Manage transition to operations; supervise property management; monitor tenant selection and lease up.

1. A bachelor’s degree and one to three years of experience in urban planning, business or real estate/housing development or finance, or a graduate degree in a related field and one to three years experience in housing development, real estate development, urban planning, business, finance or a related field.

2. Knowledge of key aspects of real estate development and finance, land use and entitlement, property due diligence and acquisition, and site planning and design. Direct experience with at least some phases of the development process preferred. 

3. Familiarity with affordable housing finance structures including low income housing tax credits and syndication concepts.

4. Knowledge of and experience with loan packaging, public and private affordable housing resources, and subsidy programs;

5. Ability to initiate and maintain effective and cooperative working relationships with team members, local government agencies, consultants, lenders/investors, and community stakeholders.

6. Well-organized, detail oriented, and excellent analytical skills; proficiency in sophisticated financial analysis using Excel and with word processing software such as Microsoft Word.

7. Strong analytical and problems solving skills; good client and public presentation skills; and excellent oral and written communication skills.

8. An entrepreneurial and creative approach to problem-solving in the field of real estate development; enthusiasm and team building spirit.

Compensation

The salary is commensurate with experience. Benefits include health, dental, vision and life insurance, long-term disability insurance, 401(k) plan with employer match, Flexible Spending Accounts (Health and Dependent Care), company subsidized parking, paid vacation and sick leave, and a work schedule that includes every other Friday off.

Abode Communities is an equal opportunity employer. Women, people of color, veterans, and people with disabilities are encouraged to apply.