LIHTC Development Senior Project Manager
Cesar Chavez Foundation · Los Angeles Metropolitan Area · 2 mo ago
On-siteBusiness DevelopmentFull-time
Funding Applications and Loan Packaging
- Coordinate and prepare comprehensive funding proposals for local, state, and federal agencies, including responses to RFPs and RFQs.
- Develop and update proformas, budgets, and timelines to support funding applications.
- Prepare and submit loan packages for acquisition, development, and construction financing to relevant agencies, lenders, and investors.
Financial Structuring and Capital Strategy
- Design and structure financing for affordable housing projects, maintaining a database of key financial indicators to inform project estimates.
- Evaluate financing options (e.g., LIHTC, tax-exempt bonds, soft loans, grants) and recommend optimal capital stacks.
Budget Management and Financial Reporting
- Create and monitor project budgets, coordinating with Construction and Accounting teams on revisions.
- Support the production of monthly and quarterly financial reports, including cost vs. budget tracking, cash flow forecasting, and variance analyses.
- Interpret financial results for leadership and project teams.
Compliance and Process Improvement
- Ensure all financial activities comply with applicable regulations, lender requirements, and reporting standards.
- Affirmative action statement not specified.
- Assist in standardizing financial models, streamlining data-collection workflows, and documenting best practices.
Experience
- Three to five years of progressively responsible experience in project management with a strong preference on LIHTC, tax-exempt bonds, or public agency programs.
Skills
- Strong written and verbal communication.
- Excellent organization and attention to detail.
- Ability to manage deadlines and juggle multiple tasks.
Education/Qualifications
- Bachelor’s degree in Finance, Real Estate, Urban Planning, or a related field.
- Master’s degree strongly preferred.
Minimum Requirements
- Demonstrated interest in affordable housing or community development.
- Experience in real estate finance or public sector funding.
- Experience with Microsoft Excel or financial modeling software.
PREFERRED REQUIREMENTS
- Familiarity with affordable housing financing tools, including Low-Income Housing Tax Credits (LIHTC), tax-exempt bonds, and public agency funding programs.
- Experience supporting the preparation of development budgets and grant or public funding applications.
- Ability to manage tasks across multiple projects and meet deadlines in a fast-paced environment.
- Comfort working collaboratively across teams, coordinating with Project Managers, Construction, and Accounting teams.
- Interest in process improvement, standardization of financial models, and team support initiatives.