Location:
Chicago, IL
Organization Overview:
The Community Builders, Inc. (TCB) is a leading nonprofit developer of mixed-income housing in the United States. Our mission is to build and sustain strong communities where people of all incomes can achieve their full potential. We realize our mission by developing, financing and operating high-quality housing and implementing neighborhood self-help initiatives to drive economic opportunity for our residents. Since 1964, we have constructed or preserved over 320 affordable and mixed-income housing developments and secured over $2.5 billion in project financing from public and private sources. Today, we own or manage more than 10,000 apartments in 14 states and Washington, D.C. We are headquartered in Boston with regional hubs in Chicago and Washington, D.C.
Position Overview:
Looking for a mission driven Development Project Manager to join our Chicago based team and support efforts to grow our portfolio of over 2000 affordable housing units. This individual will have responsibility for implementing real estate development projects from initial conception through construction to rent-up and stabilized occupancy or sale, delivering quality finished products on schedule and within budget.
Essential Functions:
- Relationship management and strategic positioning.
- Project Initiation - site analysis & selection, financial feasibility, schedule & budget, and secure appropriate local support.
- Project determination - financial structure, funding commitments, cost estimates, establish project pro forma, and due diligence.
- Prepare RFQ/RFP responses. Demonstrate the ability to thoroughly convey TCB’s ideas to potential clients.
- Lead the structuring, assembly, review of funding applications and managing the closing
- Management of all appropriate public and community meeting processes.
- Overseeing project design and construction to ensure the timeliness, quality and cost effectiveness of all associated activities.
- Secure Public approvals, including zoning.
- Ensure that Property Management department requirements are met and Human Services planning is continuous throughout the project.
- Ensuring seamless hand off to Property Management and Asset Management post construction.
- Supervision of Development Project Associate.
- Process and track development expenses with accounting staff.
- Attend on-site meetings, public and community meetings.
Desired Skills and Experience:
- Ideal candidates will have a minimum of 2+ years affordable housing development experience with development of mixed finance transactions, and an ability to successfully drive and close these transactions. Must have ability to manage all elements of a project, from creating a successful application for tax credits to managing construction and lease up calls. Experience with:
- Large scale residential real estate development.
- Managing a sizeable development team of internal and external contributors.
- Transaction structuring.
- Public/private financing and developing budgets.
- Understanding regulatory issues and permitting processes.
- Bachelor’s degree required with a Master’s preferred.
To Apply:
To apply for this position please submit your resume and cover letter via the TCB website at www.tcbinc.org or submit your information directly to David Jones, VP of Human Resources, at david.jones@tcbinc.org.