APAH is a non-profit affordable housing developer that works throughout the DC region. APAH’s mission is to develop, preserve and own quality affordable places to live; to promote stability and opportunity for our residents; and, to advocate with the people and communities we serve. APAH is a mission driven, community minded and resident focused organization guided by six core values: compassion, integrity, collaboration, innovation, excellence, and impact. APAH owns 18 communities and has developed over 2000 apartments, with an additional 700+ apartments under construction or in development throughout the DC metro area.
APAH is looking for an experienced Real Estate Project Manager who can be a leading member of the real estate development team. Our ideal candidate is familiar with the Low Income Tax Credit Program and has experience managing all aspects of the development cycle, from design and development through construction completion and lease up. They will be a hard-working and conscientious team player who is committed to APAH’s mission and values.
Key position responsibilities include:
- Managing all aspects of multi-family affordable housing development, including design, financial, legal, construction and stabilization phases
- Vetting new deals, including due-diligence, financial analysis, working with consultants and competitive analysis
- Creating and reviewing financial models of proposed projects to evaluate feasibility throughout the development process
- Leveraging financial, political and community support for projects and collaborating with neighborhood groups and local government staff to secure regulatory approvals and easements
- Preparing applications for project funding, including pre-development, construction, and permanent financing
- Leading financial closings, negotiating debt and equity terms and assuring timely completion of all steps required for a successful transaction
- Overseeing the general contractor and coordinating other consultants to ensure construction remains on schedule and on budget
- Minimum 7 years of real estate project management experience, preferably with affordable housing multi-family. Track record in developing successful real estate projects on budget and on schedule.
- Bachelor’s degree in real estate, construction management, architecture, planning, finance, business, law, urban planning, or related field.