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CommonBond Communities Project Manager (Acquisition & Development) in St. Paul, Minnesota

Description Home is the foundation for everything in life. Since 1971, our model has been about supporting residents in finding stability and achieving their goals. It's why we're more than housing-we combine quality affordable homes with our on-site Advantage Services-because we believe that with the right support and opportunities, all people can thrive. Today, over 13,000 people-families, seniors, veterans, and people with disabilities and other barriers-call a CommonBond community "home." Our core values are Respect, Integrity, Partnership, Innovation, and Excellence. We live these values and look for people who embody them to represent our organization in the community. If this sounds like you, please consider joining our team. Why CommonBond Communities?: Work-life balance Competitive salary Employee referral program Comprehensive benefits package Employee recognition and rewards program A respectful and growth-oriented workplace A chance to make a difference in the community! Ongoing training and professional development CommonBond Communities invites qualified applicants to apply for the A& D Project Manager role located at our Central Office in St. Paul, MN. The A&D Project Manager is expected to manage an average workload of three to four projects and related responsibilities as assigned by the Director, who will also provide guidance and support to complete the following: ESSENTIAL JOB FUNCTIONS AND ASSOCIATED TASKS Acquisition & Development Department Responsibility Assist with the implementation of the A&D business development plan. Maintain tracking of business opportunities and report same to A&D team on a monthly basis. With assistance from other Real Estate Team members, identify members of the development team (e.g., architects, contractors, etc.). With assistance and direction from Director, negotiate contracts with development team members. Research and Analysis Identify, and receive from other real estate team members, multifamily new construction and acquisition opportunities and define project scope. Majority of projects are originated by others. Define project financial feasibility in consultation with other Real Estate team members and additional guidance and support from the Director. Research and, with assistance from the Director, secure the interest of potential sources of predevelopment, construction and permanent financing from the public and private sectors. Collaborate with community stakeholders including residents, neighbors, public agencies, and other groups. Prepare written presentations to IRC, Housing Board and CommonBond Board with details of project, impact on CommonBond mission and current strategic plan, financing and operating plans, and risks to CommonBond including mitigating factors. Revise project in response to comments from IRC, Housing Board, and/or CommonBond Board. Project Management Determine financial feasibility of projects in consultation with the Director and other Real Estate and Housing & Services ("H&S") team members. With assistance and support from Director, model and evaluate a variety of project structures (e.g., different financing sources, different subsidy sources, different construction programs, etc.). Negotiate project acquisition agreements with assistance/direction from Director. Work with public agency staff to assure timely public review and approval including environmental, entitlement and other required project reviews. With assistance from the Director, secure financing for predevelopment, construction and permanent financing from public and/or private sectors. Prepare written report materials and grant and financing applications, and make presentations before public bodies and community groups. With assistance from the Director, lead all closing efforts as it relates to funder due diligence, underwriting, financial structuring, and document review. Work with Advantage Services to identify feasibility of on-site service programs and identify project related sources of necessary funding (i.e., cash flow, rent-related services subsidy). Manage all aspects of project construction, including, but not limited to solicitation of bids, contract negotiations with, and management of architects, contractors, engineers, etc.; change order management; draws; etc. Attend on-site construction meetings and other meetings as required to ensure projects are completed on time and within budget. Manage and resolve critical issues that arise during construction. Engage and consult with internal teams to negotiate and finalize project designs, adhering to CBC Building Guidelines; ensure customary and unique property management requirements are included in and architect's and general contractor's plans; coordinate materials, colors, equipment & furnishings selection; and coordinate relocation, site issues, etc. Keep internal CommonBond teams apprised of construction timeline, potential issues, etc. on a timely and regular basis. Establish and manage project budgets to achieve projected financial objectives with assistance and support from Director, including tracking costs, and analyzing and resolving budget shortfalls. Ensure projects are completed on time and within approved budget. Prepare and monitor cash flow projections and project schedules with assistance and support from Director to ensure timely and successful project completion through stabilization. Lead interdepartmental planning with Property Management and Asset Management to develop a) a Property Management Budget and b) a Project Transition Plan, to ensure a smooth transition to Housing and Services and occupancy by residents. Manage all YARDI construction module use on projects for which this position is responsible as required by Accounting. Report project progress to management on an ongoing basis. Post Construction Manage and facilitate interdepartmental execution of the Project Transition Plan, ensuring a successful transition to Housing and Services, and occupancy by residents. General Ensure compliance with all regulatory requirements for all activities taken to advance the development of housing projects. Complete other assignments as assigned by or approved by Director of Acquisitions & Development and/or Executive Vice President of Real Estate. EDUCATION, EXPERIENCE, AND SKILLS REQUIREMENTS Education: Bachelor's degree with an emphasis in real estate, urban planning, political science, business administration, finance, public administration or a closely related field. Experience: 2+ years of real estate development experience in public or private sector. Affordable multi-family development experience preferred. Skills: Strong ability to conduct research and present recommendations. Strong analytical skills. Ability to accurately interpret and implement requirements of municipal, state, and federal programs. Understanding of general real estate finance and development concepts, including all debt and equity affordable housing programs or demonstrated ability to learn. Strong project management capabilities and ability to manage and direct multiple long-term projects. Strong interpersonal skills with the ability to interact effectively and professionally with staff, prospective and current residents, contractors, architects, bankers and potential funders, community representatives, industry peers, elected and appointed officials, and staff from government and other funder agencies/organizations. Proficient in Microsoft programs including Word, Excel, PowerPoint, MS Project, and others. Excellent oral and written communication skills. Ability to work independently, establish priorities and follow through on completion of tasks. PHYSICAL REQUIREMENTS Ability to sit for extended periods of... For full info follow application link. CommonBond Communities is an Equal Opportunity/ Affirmative Action Employer

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