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Real Estate Development Project Manager

Downstreet Housing and Community Development is a private, mission-driven, not-for-profit organization dedicated to delivering social justice through the power of housing. We pride ourselves on connecting people to the resources they need to thrive and creating equitable opportunities for everyone in Central Vermont to access safe, healthy homes. Through our work, we strengthen the health and future of our local communities.

We are looking for a Real Estate Development Project Manager to join our team!

Downstreet is seeking an enthusiastic and dedicated Real Estate Development Project Manager who will have the oversight and project management, from conception to completion, of specific housing projects, performing a wide range of tasks related to the planning and development of affordable housing.

Key Responsibilities

• Collaborate with the Director of Real Estate (DRE) on project selection and feasibility analysis for future projects including housing types, resident populations, and site.
• With the DRE, establish development schedule; coordinate same with third parties and funding sources.
• Oversee the selection of, and supervise the work of, professional consultants, including architecture, environmental, market analysts, appraisals and more.
• Prepare and manage predevelopment budget, ensuring adequate sources are authorized/committed prior to authorizing expenditures.
• In collaboration with the DRE, work to secure pre-development and development funding by drafting applications to local, state, federal and private funding sources, including tax credit applications.
• Assist in preparation of development and operating proformas; develop and manage project proforma.
• Give public presentations on behalf of the project, including local zoning meetings.
• In coordination with consultants, prepare and submit permit applications.
• Coordinate with architects to develop building designs and later, review construction documents.
• Coordinate with Property Management and Facilities in design process to secure input into project plans and specifications; coordinate in the transition of completed property to Property Management and Facilities.
• Administer the construction process, including contractors’ selection, contract execution, inspection of work in progress, final punch list, and warranty. Attend all construction meetings.
• Manage development budgets, project cost tracking, and construction draws during construction.
• Manage design team coordination and monitor construction schedule, cost, and quality of work.
• Assist with the preparation and completion of reports to funders, partners, board and other stakeholders, including Davis Bacon and Section 3 reporting.
• Manage two to four projects concurrently at any given time.

Experience and Education

• Bachelor’s degree and four years’ non-profit administrative experience preferred.
• Background in affordable housing, development, architecture, or a related field preferred.
• Excellent writing and verbal skills: Must be able to communicate with a broad array of third parties, whose interests may often conflict. Sensitivity to audience, brevity, clarity and ability to achieve desired results are essential.
• Technical skills: Must have thorough working knowledge of development and construction processes. Must be computer literate; experience with Excel and Word required.
• Financial skills. Must have thorough working knowledge of development process financing. Ability to use electronic spreadsheets essential. Development budget monitoring and reporting required.
• People skills: Ability to manage multiple priorities, interests and deadlines in a professional, cooperative manner. Excellent negotiating and decision-making skills, focused on results. Ability to clearly articulate problems and concerns, as well as potential solutions to same.
• Commitment to equity and inclusion, and social and economic justice.
• Valid Vermont Driver’s License and reliable personal vehicle.

Research shows that candidates from underrepresented backgrounds often don’t apply unless they meet 100% of the job criteria. While we have worked to consolidate the minimum qualifications for each role, we aren’t looking for someone who checks each box on a page; we’re looking for active learners and people who care about supporting and promoting affordable housing opportunities for all in Vermont. If this sounds like you, please apply!

Physical Requirements

• Prolonged periods sitting at a desk and working at a computer
• Must be able to lift 25 pounds at a time
• Ability to access all Downstreet sites, buildings, apartments, and facilities

Downstreet is strongest when we have a team that represents a variety of backgrounds, perspectives, and skills. We know that the more inclusive we are, the better our work will be. We are an equal employment opportunity employer, and all qualified applicants, regardless of race, color, ancestry, religion, gender, gender identity or expression, sexual orientation, age, national origin, marital status, disability, or Veteran status are encouraged to apply.

Job Type: Full-time

Salary: $50,000 - $58,000 per year

Benefits: Competitive benefits package including 403b match, health and dental insurance, paid holidays, paid time off, life insurance, short-term disability

To apply, please submit cover letter and resume.

Job Type: Full-time

Pay: $50,000.00 - $58,000.00 per year

Schedule:

• 8 hour shift

People with a criminal record are encouraged to apply

Work Location: In person