Job Description

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.