Project Manager Ii - North Hollywood, United States - LAFHBUILDS

Description

SUMMARY OF THE ORGANIZATION
LA Family Housing is a leading homeless service provider and affordable housing developer in Los Angeles.

In March 2024, LA Family Housing created LAFHBUILDS, a separate 501 (c)3 organization, to lead it's real estate development efforts and manage the operations of its entire real estate portfolio.

The two organizations now work in unison to achieve the mission of ending homelessness.

We believe that housing is a human right, and we are invested in driving forward the innovative solutions we know are effective in ending homelessness.

With 40 years of experience, we know what works:
an individualized approach that combines a continuum of housing options enriched with supportive services. In 2023, we connected nearly 12,000 people with housing resources and supportive services.

We also own 30 interim, affordable, and supportive housing properties and have over 700 additional units of permanent supportive housing in our pipeline.

Our community-based approach allows us to influence how homelessness is addressed in Los Angeles and nationwide.

We take tremendous pride in positioning our staff as national leaders in innovation, best practices, and policy within housing production and homeless services.

From presenting at national conferences to facilitating service collaboration among providers in other regions, we equip our industry to effectively respond to homelessness and ultimately move more people home.

Join this incredible team of changemakers and start making a difference in people's lives today at LAFHBUILDS


SUMMARY OF RESPONSIBILITIES

SPECIFIC DUTIES

• Lead in the acquisitions of new permanent supportive housing & affordable housing:
• Identify and secure new land or project sites that are consistent with the organization's mission, strategic plan, and production goals.
• Conduct preliminary site due diligence; work with architect and design team to define building program and design; including identifying the community needs and, population to be served.
• Develop and implement project entitlement plan.
• Complete financial feasibility analysis.
• Implement necessary formation documents and financing structure.
• Work to complete land acquisition loan closing.
• Support preparing development proposals and statements of qualification in response to Request for Proposals (RFPs) and Request for Qualifications (RFQs) that meets the permanent supportive housing pipeline goals.
• Additional tasks, projects, and responsibilities as assigned by supervisor.
• Lead development of IInterim/bridge housing opportunities:
• Support Director of Business Development, Real Estate in all phases of development of bridge/Interim/bridge housing, including feasibility analysis, community engagement, design development, securing of financing, construction, and lease up.
• Administering loan closings, including working with attorneys, lenders, investors, and escrow/title companies in the coordination and delivery of due diligence, and legal and financial documents.
• Lead in conducting due diligence on properties during the acquisition and predevelopment phases.
• Manage obtaining clearances during the plan check process in order to obtain building permits.
• Prepare, maintain, and submit funding draws to numerous financial institutions for acquisition, predevelopment, and construction phases of affordable housing projects.
• Maintain accurate and uptodate files for all projects.
• Support resyndication, refinancing, rehabilitation of existing LAFHBUILDS portfolio:
• Support Director of Business Development, Real Estate in all phases of re-syndication of existing portfolio projects, including feasibility analysis, design development, securing of financing, construction, relocation, and all other duties related to the work.
• Support Director of Business Development, Real Estate in sale of underperforming projects within the portfolio and any work as assigned related to the sale of assets.
• Oversee rehabilitation work in conjunction with Asset Management team of any projects within the portfolio that have received financing as a result of resyndication or refinancing.

ACCOUNTABILITY AND REVIEW

Position reports to:
Director of Business Development, Real Estate


Performance review:
Annual


DIRECT REPORTS
Number of employees receiving work direction: Zero (0)

Position titles reporting to position:
Zero (0)


MINIMUM QUALIFICATIONS

KNOWLEDGE AND SKILLS

• General knowledge and understanding of real estate development concepts and affordable housing finance including low incomelowincome housing tax credits.
• Proficiency with Microsoft Excel and Microsoft Word.
• Ability to read, analyze, and interpret financial reports and legal real estate documents.
• Capacity to handle multiple tasks simultaneously in an organized, efficient, and timely manner and successfully meet project deadlines.
• Excellent organizational, time management, and problemsolving skills