Community Development Project Manager

A family-owned construction management, development, and general contracting firm in Brooklyn focused on multifamily affordable and supportive housing is hiring a Community Development Project Manager. The role oversees affordable housing developments from inception through stabilization, with direct reporting to the CEO and a strong community-impact mission.

• Manage affordable housing projects through the full development lifecycle (pre-development through stabilization).
• Review city/state subsidy term sheets and perform initial financial feasibility analysis.
• Structure and execute LIHTC transactions, tax exemptions, municipal bond financing, and debt-to-perm financing.
• Coordinate with lenders, tax credit syndicators, and financial institutions throughout construction.
• Track requisitions, capital stack components, and milestone deadlines; drive milestones and remove roadblocks.
• Ensure compliance with affordable housing tax credit guidelines and related regulations.
• Identify financing sources (pre-development, construction, permanent loans, tax-exempt/IDA bonds, New Markets Tax Credits) during underwriting.
• Create, update, and refine financial models and pro formas for LIHTC, bonds, and NMTC-related transactions.
• Interface with government agencies and programs (HPD, HCR, HUD-related programs) and manage stakeholder communications.
• Work with faith-based partners and community organizations; support community partnerships and future development opportunities.
• Promote local workforce participation in construction projects and support tenant/stabilized housing outcomes.
• Provide recommendations for property management improvements.
• Maintain detailed documentation and help build/refine internal processes.

• 3+ years of experience in affordable housing development.

• Direct experience with LIHTC, tax-exempt bond financing, municipal bonds, debt and equity structuring, and subsidy layering across city/state programs.

• Understanding of affordable housing compliance and regulatory requirements.

• Strong financial modeling and pro forma analysis skills.

• Familiarity with lender and syndicator relationships.

• Yardi and Procore experience encouraged.

• Ability to collaborate across nonprofit, corporate, philanthropic, and public-sector stakeholders; flexibility and poise with diverse groups.

• Entrepreneurial, self-directed, able to prioritize multiple projects; proactive and responsive communicator.

• Mission-driven orientation and desire to empower and uplift communities.

• Availability for occasional evening events, workshops, and training.

• In-office role in Brooklyn with site travel required.

• Salary range: $85,000–$125,000 annually (commensurate with experience).

• Benefits: Medical, Dental, and Vision insurance; 10 days PTO annually; designated sick leave accrual; 401(k).

• Hiring process may use AI tools to support application review; final decisions made by humans.