Job Information
Acacia Network Project Manager in BRONX, New York
MISSION STATEMENTAre you ready to give back to the community while pursuing your passion? For over 50 years, Acacia Network and its affiliates have been committed to improving the quality-of-life and wellbeing of underserved communities in New York City and beyond. We are one of the leading human services organizations in New York City and the largest Hispanic-led nonprofit in the State, serving over 150,000 individuals every year. Our programs serve individuals at every age and developmental level, from the very young through our daycare programs to mature adults through our older adults centers. Our extensive array of community-based services are fully integrated, bilingual and culturally competent.POSITION OVERVIEWUnder the supervision of the Director of Real Estate Housing Development, the project manager will oversee the activities and deliverables to develop new economic development efforts. This position will assist in the implementation of Acacias development strategic plan and provide leadership in identifying potential new business opportunities, new development projects, project management, and securing funding from the city, state, federal and private sources. The Project Manager works closely with the Director of Affordable Housing Development and other senior level teammates to ensure the housing portfolio is aligned with the integrated health and human services the Network provides to the community. This position emphasizes strategic, economic and finance aspects of development, and requires a high level of skills in business planning, financial structuring and negotiating key partnership relationships. Travel to different development sites will be required. KEY ESSENTIAL FUNCTIONS * Works closely with the Director of Housing Development, funders, investors, community partners and stakeholders to implement the Housing Division Strategy and goals. * Assist in identifying new business opportunities including potential new sites for acquisition and rehabilitation and new construction in order to maintain an active and healthy pipeline of new and expansion affordable and real estate projects. * Assist in the management of the development of pipeline of affordable and market rate real estate projects, including feasibility studies, market studies, financing, construction and placed in service requirements. * Prepares funding applications such as of a city and state Requests for Proposals (RFPs), Requests for Qualifications (RFQs), private lending proposals and applications for various capital funding sources- including 4% tax exempt bonds, 9% Low Income Housing Tax Credits (LIHTCs), construction lenders, HUD, HPD and other public and private lenders, investors and funders. * Interact with financing and planning/development agencies, including New York Citys Departments of Housing Preservation & Development (HPD), City Planning (DCP), Buildings (DOB), the NYC Housing Development Corporation (HDC), and the NYC Economic Development Corporation (EDC), New York State Housing and Community Renewal (HCR) and the U.S. Department of Housing and Urban Development (HUD). * In collaboration with the Director of Housing Development manages Real Estate closing processes on various transactions. * Develop and revise budgets and pro forma as needed. * Create and maintain project development budgets and timelines. * Prepare and submit periodic requisitions to pre-development and project funders. * Maintain relationships with development partners, syndicators and lenders. * Assist the Legal Team in the review of contracts, leases and other agreements with public and private funders, lenders, third party consultants and others. * Assist accounting staff in maintaining development and project accounts, and during annual audits. * Stay up to date with housing trends at a local and national level, including best practices for community development, age in place, active living and healthy community init