Real Estate Project Manager


Valley Community Development Corporation (Valley) seeks an enthusiastic, motivated, and experienced Real Estate Project Manager. Valley is a community based nonprofit organization formed in 1988 and serves Hampshire and Franklin counties. Our mission is to empower underserved low- and moderate-income people and improve the quality of their lives. We accomplish this by developing affordable housing, providing small business economic opportunities, and first-time homeownership support.

Valley owns 81 units of affordable housing spread across six properties in Northampton and Amherst. The organization receives federal and state grants, and donations from corporations and individuals. Valley’s seven staff members are dedicated professionals from varying backgrounds. The organization, Board of Directors, and staff adopted the MACDC Racial Equity pledge in December 2021. One of the prime tenants of this pledge is that our staff should be diverse, equitable, inclusive, and representative of the communities we serve.

Valley is an equal opportunity employer. Valley will not engage in discrimination against, or harassment of any person employed or seeking employment with Valley on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran, or other characteristics protected by law. We are committed to fostering a diverse and inclusive environment.

Company
Valley Community Development
Northampton
Responsibilities

• Engage in planning, site selection, securing site control, permitting, design, loan closings, construction, and implementation of real estate development projects
• Schedule capital needs assessments and coordinate re-capitalization/re-finance of Valley’s existing portfolio, as needed
• Prepare development and operating budgets, conduct financial analyses and financial tracking
• Select and manage project team members i.e., architects, engineers, development consultants, attorneys, and other professionals as appropriate
• Develop project proposals, determine feasibility, and seek project financing
• Provide project management services during construction including tracking budgets, managing project schedule, preparing requisitions, and managing lender relationships
• Collaborate on efforts to engage community residents in housing development and mixed-use real estate development
• Participate in coalitions with a variety of community-based, statewide and/or national organizations
• Other related duties and responsibilities as assigned

Qualifications

Required Skills and Qualifications

• At least 5 years of progressively responsible experience in affordable real estate development and/or related fields
• Proven understanding of real estate project development, financing, construction, and planning
• Excellent organizational and time management skills including at least 3 years of experience managing project teams
• Strong financial and analytical skills, including modeling
• Familiarity with permitting and zoning in Massachusetts
• Passion for energy efficient building, including Passive House and Net Zero Construction
• Computer literacy, including fluency in MS Office
• A passion for housing and community development
• Affinity for working with people across cultures and economic positions

Preferred skills
• Preferred experience in property and asset management
• Experience developing larger (25 units +) and complex real estate developments
• Experience with the Massachusetts One Stop Application process
• Demonstrated experience using a range of public and private affordable housing and community development resources, including Low Income Housing Tax Credits, preferably in Massachusetts
• Spanish proficiency

Instructions


Please email Joshua Swift (js@valleycdc.org) your resume and responses to the questions below. Do not send a cover letter. Valley will begin review of applications on July 8, 2022 and the position will remain open until filled. References may be requested.

1. Why do you want to work at Valley Community Development?
2. Why do you want to develop affordable housing?
3. What’s your familiarity with the housing landscape in our service area of Hampshire County?

Job Type
Full-Time