Development Project Manager - Affordable Housing

Development Project Manager - Affordable Housing Our SelectLeaders client is a family‑owned construction management, development, and general contracting firm based in Brooklyn, NY. We are seeking a Community Development Project Manager to oversee affordable housing developments from inception through stabilization. This milestone‑driven, highly visible role reports directly to the CEO. We are looking for someone who: Is deeply community‑oriented and mission‑driven Thrives in complex, fast‑moving environments Understands affordable housing finance and compliance Wants hands‑on involvement in shaping neighborhoods and creating opportunity Responsibilities Development & Financial Oversight Manage projects through the full development lifecycle (pre‑development through stabilization) Analyze state and city subsidy term sheets and execute initial financial feasibility reviews Structure and execute LIHTC transactions, tax exemptions, municipal bond financing, and debt‑to‑perm financing Coordinate with lenders, tax credit syndicators, and financial institutions throughout construction Track requisitions, capital stack components, and milestone deadlines Ensure compliance with affordable housing tax credit guidelines Identify potential sources of financing including pre‑development loans, construction and permanent loans, tax‑exempt bonds, IDA bonds and New Market Tax Credits during the initial underwriting phase Create, modify and update financial modeling for various real‑estate transactions specifically LIHTC programs, municipal bonds and new market tax credits Government & Stakeholder Coordination Interface with city and state agencies (HPD, HCR, HUD‑related programs) Maintain strong relationships with lenders and syndicators (e.g., major banks, tax credit equity providers) Work closely with faith‑based partners and community organizations Community & Mission Impact Identify and create pathways for local workforce participation in construction projects Empower tenants and promote stabilized, well‑managed housing environments Contribute recommendations for property management improvements Aid in identifying opportunities for future development and community partnerships Process & Operations Drive project milestones and proactively remove roadblocks Maintain detailed documentation and ensure responsiveness across stakeholders Build or refine internal processes Qualifications 3+ years experience in affordable housing development Direct experience with LIHTC, tax‑exempt bond financing, municipal bonds, debt and equity structuring, and subsidy layering (city/state programs) Familiarity with lender relationships and syndicators Understanding of compliance and regulatory requirements in affordable housing Yardi and Procore experience encouraged Strong financial modeling and pro forma analysis skills Ability to work collaboratively with co‑workers and representatives from the nonprofit, corporate, philanthropic, and public sectors, and demonstrate flexibility and poise in dealing with a diverse range of individuals and organizations Entrepreneurial spirit and ability to work independently on multiple tasks and projects, set priorities, and be a positive, solution‑oriented professional Proactive, responsive communicator Desire to empower and uplift communities Availability for occasional evening events, workshops, and training Salary: $85,000 – $125,000 annually (commensurate with experience) Benefits Medical, Dental and Vision Insurance 10 Days PTO annually Designated Sick leave accrual 401(k) This is a grassroots opportunity to shape affordable housing development at scale while staying deeply connected to the communities served. You won’t just manage projects—you’ll help build pathways for neighborhoods to thrive. If you’re driven by impact and ready to take ownership of complex, meaningful work, we’d love to hear from you. #J-18808-Ljbffr SupportFinity™