Job Description

April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, April Housing is the asset management business that oversees Blackstone's affordable housing and LIHTC portfolio. April Housing seeks to preserve critical affordable housing stock while providing best in class management and high-quality housing. April is committed to being a fair, transparent, and responsible owner.

April Housing’s long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential Operations.

In its pursuit of excellence, April Housing is looking for individuals who share in its mission to provide high-quality housing to affordable residents.

The Associate Project Manager supports the Preservation Team—under the direction of VP Project Managers and the Head of Preservation—in executing Year 15 resyndications and acquisition-rehabilitation transactions. This role bridges tactical execution and strategic coordination, managing key aspects of project development while mentoring junior staff and collaborating across departments.

What you will do:

Project and Consultant Management

Provide input on development team selection, including design professionals, due diligence consultants, general contractors, and construction managers.
Manage all consultants during predevelopment and construction (relocation, survey, geotechnical, environmental, etc.).
Create and maintain project schedules from predevelopment through closing, construction, and stabilization; manage multiple projects concurrently.
Assist the Director of Construction with preparation of general contractor contracts.
Fully collaborate with asset management, property management, resident services and relocation consultants during predevelopment and construction.
Partner with the post‑closing management team to ensure smooth transition to stabilized operations.

Transaction Support and Due Diligence

Assist VP Project Managers throughout acquisition and rehabilitation transactions.
Assemble tax credit and tax‑exempt bond applications, including bond inducement packages.
Manage due diligence reviews: title, appraisals, market studies, physical needs assessments (PNA), environmental assessments, radon analysis, and related reports.
Fully Manage and track closing deliverables for construction and permanent financing.
Work with the Draw Administrator to ensure timely preparation and submission of funding draw requests during rehabilitation.
Manage transition to post-stabilized operations with post-closing management team.

Financial Analysis and Budget Management

Research and validate financial assumptions; assist underwriters with pro forma development.
Develop, maintain, and oversee predevelopment and construction budgets.
Monitor cost performance and support the Director of Construction with change order review and budget reconciliation.

Problem Solving and Strategy

Review state Qualified Allocation Plans (QAPs) and analyze competitive funding criteria.
Identify applicable tax abatements and advise on qualification strategies.
Identify, diagnose, and resolve complex discreet issues within the development cycle.
Ensure accuracy and completeness of documentation and project deliverables.

Cross‑Departmental Collaboration and Leadership

Serve as a liaison to Asset Management, Capital Markets, Legal, Accounting, and FP&A.
Ability to lead external communications with lenders, investors, public agencies, and stakeholders.
Contribute to interdepartmental projects that streamline operations and strengthen the platform.
Provide coaching and guidance to Assistant Project Managers; welcome feedback, apply coaching constructively, and foster a culture of growth and collaboration.

What you should have:

Experience: Minimum of 3 years in affordable housing and LIHTC project development. Prior work with a LIHTC developer, exposure to both private and public debt financing, and participation in at least two successful LIHTC financial closings strongly preferred. Multi‑state LIHTC experience preferred.
Education: Bachelor’s degree required (preferably in real estate, urban planning, business administration, public policy, or related field). Master’s degree preferred.
Communication: Proven ability to communicate clearly and collaboratively: listens actively, confirms understanding, and engages across teams. Strong written communication and email etiquette required.
Technical proficiency: Exceptional attention to detail and organizational skills. Proficiency in Microsoft Excel, Word, and PowerPoint required; experience with Monday.com a plus. Demonstrated problem‑solving ability and intellectual curiosity.
Project management: Strong organizational skills with the ability to manage multiple deadlines and align tasks to program goals.
Travel: Occasional out‑of‑state travel required.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers, the California Fair Chance Act and any other applicable city, county, or local ordinances. Good cause exists for a criminal background check because one of the material duties of this position requires access to sensitive financial information and confidential and proprietary information and accordingly requires the candidate to possess a high level of integrity and discretion. The Company faces a significant risk to its business operations or business reputation if a criminal history check is not performed. A criminal history that has a direct, adverse, and negative relationship with these material duties may potentially result in the withdrawal of a conditional offer of employment.

Base Compensation Range:

$95,000.00 To $125,000.00 Annually. This represents the presently-anticipated low and high end of the Company’s base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience.

Total Direct Compensation: This job is also eligible for discretionary bonus and incentive compensation on an annual basis.

Benefits: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO).

The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility.

EEO Statement

April Housing is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com

Asset Management

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