Development Project Manager - Affordable Housing job opportunity at BISNOW.

Home Jobs In United States Of America Tag: SelectLeaders – SelectLeaders Managers Development Project Manager - Affordable Housing position at BISNOW


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BISNOW Development Project Manager - Affordable Housing
Experience: 3 Years
Pattern: On-site
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SelectLeaders,SelectLeaders Managers

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degreeBachelor's (B.Sc.)
loacation New York City, United States Of America
loacation New York City....United States Of America

Community Development Project ManagerBrooklyn, NYIn-Office | Site Travel RequiredOur SelectLeaders client is a family-owned construction management, development, and general contracting firm based in Brooklyn, NY, focused on multifamily affordable and supportive housing.For decades, they have partnered with faith leaders, local officials, and community organizers to shape the neighborhoods in which we live and work. The firm develops affordable housing in partnership with HPD and HCR, leveraging city and state subsidies, tax credit structures, and additional capital sources. They also provide construction and ownership representation services for church-led housing initiatives across New York City, Maryland, and Atlanta. With approximately 1,500 units nearing completion and 2,500 units in the pipeline, this is an opportunity to play a meaningful role in shaping the future of affordable housing in New York and beyond.At this time, they are seeking a Community Development Project Manager to oversee affordable housing developments from inception through stabilization. This is a milestone-driven, highly visible role reporting directly to the CEO.This position is ideal for someone who:Is deeply community-oriented and mission-drivenThrives in complex, fast-moving environmentsUnderstands affordable housing finance and complianceWants hands-on involvement in shaping neighborhoods and creating opportunity\nResponsibilitiesDevelopment & Financial OversightManage projects through the full development lifecycle (pre-development through stabilization)Analyze state and city subsidy term sheets and execute initial financial feasibility reviewsStructure and execute LIHTC transactions, tax exemptions, municipal bond financing, and debt-to-perm financingCoordinate with lenders, tax credit syndicators, and financial institutions throughout constructionTrack requisitions, capital stack components, and milestone deadlinesEnsure compliance with affordable housing tax credit guidelinesIdentify potential sources of financing including pre-development loans, construction and permanent loans, tax-exempt bonds, IDA bonds and New Market Tax Credits during the initial underwriting phase Create, modify and update financial modeling for various real estate transactions specifically LIHTC programs, municipal bonds and new market tax credits Government & Stakeholder CoordinationInterface with city and state agencies (HPD, HCR, HUD-related programs)Maintain strong relationships with lenders and syndicators (e.g., major banks, tax credit equity providers)Work closely with faith-based partners and community organizationsCommunity & Mission ImpactIdentify and create pathways for local workforce participation in construction projectsEmpower tenants and promote stabilized, well-managed housing environmentsContribute recommendations for property management improvementsAid in identifying opportunities for future development and community partnershipsProcess & OperationsDrive project milestones and proactively remove roadblocksMaintain detailed documentation and ensure responsiveness across stakeholdersBuild or refine internal processesQualifications3+ Years experience in affordable housing developmentDirect experience with LIHTC, tax-exempt bond financing, municipal bonds, debt and equity structuring, and subsidy layering (city/state programs)Familiarity with lender relationships and syndicatorsUnderstanding of compliance and regulatory requirements in affordable housingYardi and Procore experience encouragedStrong financial modeling and pro forma analysisAbility to work collaboratively with co-workers and representatives from the nonprofit, corporate, philanthropic, and public sectors, and demonstrate flexibility and poise in dealing with a diverse range of individuals and organizationsEntrepreneurial spirit and ability to work independently on multiple tasks and projects, set priorities, and be a positive, solution-oriented professionalProactive, responsive communicatorDesire to empower and uplift communitiesAvailability for occasional evening events, workshops, and training\n$85,000 - $125,000 a yearSalary: $85,000 – $125,000 annually (commensurate with experience)BenefitsMedical, Dental and Vision Insurance10 Days PTO annuallyDesignated Sick leave accrual401(k)\nThis is a grassroots opportunity to shape affordable housing development at scale while staying deeply connected to the communities served. You won’t just manage projects, you’ll help build pathways for neighborhoods to thrive.If you’re driven by impact and ready to take ownership of complex, meaningful work, we’d love to hear from you.

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