Development Project Manager

at Gorman & Company in Chicago, Illinois, United States

Job Description

Position: Development Project Manager
Location: Chicago, IL
Job Id: 2739
# of Openings: 1

Development Project Manager

A Development Project Manager is responsible for providing technical support to the project development team on all aspects of a real estate development project from early conception through completion.

Our team members are passionate about making a difference in our residents' lives, we build outstanding communities and serve a diverse group of residents. It's an "all hands-on deck" type of environment to get our jobs done. We were voted "Best Place to Work," have a Diversity, Equity and Inclusion Committee, a Culture Club Committee, and volunteer in our communities. We offer a great line of benefits, including 18 days PTO and even, Pet Insurance! If you want to have fun, be valued, and make a difference, apply today!

As a Development Project Manager, you will:
Work with the Regional Market President(s) to generate new business opportunities and determine optimal financial structures and funding sources.
Identify market and site identification for LIHTC, Workforce Housing Projects, RAD, etc. housing projects.
Manage pre-development work such as QAP Site scoring and viability, QCT/DDA status, local government support, community support site design and financial feasibility.
Obtain entitlements, and attend entitlement meetings, neighborhood meetings, and community events.
Assist with obtaining entitlements, and attending entitlement meetings, neighborhood meetings, and community events.
Work with Market President and Financial Analyst to determine optimal financial structures and funding sources.
Network and build relationships with municipalities, non-profits, brokers, and landowners to source potential real estate prospects and track upcoming RFP's.
Provide on-going coordination between architects, contractors, and other members of the project development team.
Coordinate and submit responses to application paperwork such as Requests for Qualifications (RFQ's) and Requests for Proposals (RFP's) for potential future development opportunities with a focus on affordable and mixed-income rental housing.
Prepare preliminary market studies, maintain project schedules, submit funding applications, and follow up documentation, prepare post award documentation and submit according to deadlines.
Conduct strategic planning for future development sites and activities.
Maintain a high level of understanding of federal and state tax credit markets, real estate closing processes, and legal documentation related to affordable housing transactions.
Participate in events held by Affordable Housing support organizations, state conferences, and other community programs sponsored by government and non-profit organizations.

What do I need to qualify to be at Development Project Manager?
Bachelor's degree in real estate, Finance, Business Administration, or another related field.
3-5 years of experience with state or federal housing programs, LIHTC program under Section 42 is preferred.
Knowledge of affordable housing issues and programs, and a passion to create service-enriched housing options for low and moderate-income households.
Experience with Microsoft Office (i.e. Word, Excel, Outlook, PowerPoint) and Adobe Acrobat.
Must possess proficient ability to communicate in English in oral and written format.
Ability to apply discretion with confidential material.
Ability to maintain a high level of accuracy.
Ability to effectively apply analytical and problem-solving skills.
Excellent time managing skills with the ability to multi-task, prioritize and meet deadlines.

Why work with us at Gorman?
Competitive salary starting at $65,000 per year
Full Benefits- Medical, Dental, Vision, Life, Short/Long-term disability, Flex Spending, and more!
401K+ Match (up to 6%)
18 Days PTO & 11 1/2 Paid Holidays!
Education Reimbursement towards position related coursework.
Team Member Development & Training
DEI Committee and Culture Club Committee dedicated to making your employee experience great!

Gorman & Company is a trusted partner in the community specializing in downtown revitalization, the preservation of affordable housing, workforce housing, and the adaptive reuse of significant historic buildings.
Pay Range: $65,000 - $75,000 per year
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Gorman & Company is an Equal Employment Affirmative Action Employer.