Save Job Back to Search Job Description Summary Similar JobsJoin a fast-growing affordable housing developer with a strong pipelineExposure to real estate development, investment, and asset managementAbout Our ClientOur client is a leading real estate developer based in New York City, recognized for delivering high‑quality affordable, supportive, and mixed‑income housing that strengthens communities through a people‑first, design‑driven approach. Since 2016, the organization has rapidly expanded its impact, developing and preserving more than 12,000 residential units-a scale that reflects both its credibility and long‑term commitment to community development.With a vertically integrated structure that includes in‑house development, construction, investment management, and property management teams, the client offers employees the rare opportunity to work across the full project lifecycle and see their efforts materialize into meaningful, lasting housing. Their culture values creativity, innovation, and responsible decision‑making, and they collaborate with both public and private partners to deliver housing that meets the evolving needs of New York's diverse neighborhoods.This is an ideal environment for candidates who want to grow quickly, take ownership of impactful projects, and contribute to work that directly benefits communities across the NYC metro area.Job DescriptionDevelopment & Pre-developmentConduct feasibility analyses, zoning reviews, and due‑diligence activitiesOnboard and manage design consultants (architects, engineers, expediters, environmental, sustainability, elevator, etc.)Support and oversee design processes from schematic design through construction documents, incorporating value‑engineering strategiesCoordinate required approvals with city and state agencies (e.g., HPD, HDC, HFA, DOB)Maintain comprehensive project schedules and risk assessmentsPrepare financing applicationsAssist in preparing investment memorandums outlining project risksFinancing & ClosingsPrepare and manage financing applications and serve as the primary contact with relevant agenciesUpdate development budgets and sources & uses throughout underwritingReview lender, investor, and agency due‑diligence materials; negotiate term sheets and loan documents with legal counsel and senior staffCoordinate construction and permanent loan closingsMonitor construction progress, change orders, budgets, and schedulesLead bank requisition processes and invoice trackingEnsure compliance with regulatory requirements, MWBE goals, labor standards, and affordability covenantsLease‑Up & StabilizationCoordinate with property management teams on marketing strategies and regulatory complianceOversee cost certifications and tax‑credit investor compliance and conversion processesManage TCO/CO processes and permanent loan conversionsTransition stabilized assets to long‑term asset managementLeadershipServe as a key liaison with agency representatives, lenders, equity partners, and community stakeholdersDrive internal process improvements and help establish best practicesMPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.The Successful ApplicantA successful Affordable Housing Project Manager should have:Brings a strong understanding of affordable housing or real estate development, including financing structures, underwriting, and key deal documents.Demonstrates proven financial analysis skills, including modeling, evaluating project‑level returns, and structuring transactions.Is capable of identifying and resolving deal‑related issues with limited guidance.Excels at managing multiple tasks, prioritizing effectively, and meeting deadlines in a fast‑paced environment.Communicates clearly and professionally, both in writing and verbally, with internal teams and external stakeholders.Shows strong problem‑solving abilities and quantitative reasoning skills.Is proficient in Microsoft Office and demonstrates strong data management capabilities; experience with exploratory data analysis is a plus.Works well both independently and collaboratively within cross‑functional teams.Has direct experience with or a strong understanding of NYC real estate development processes.What's on OfferCompetitive salary ranging from $110,000 to $150,000 USD.Cash bonus and long-term incentive plan.Comprehensive health benefits.Unlimited vacation policy to support work-life balance.401(k) matching for retirement planning.This is an exciting opportunity to make a meaningful impact in the property industry. If you are passionate about affordable housing and project management, we encourage you to apply!ContactRoland WurstQuote job refJN-032026-6966369Job summarySectorReal EstateSub SectorProject ManagerIndustryPropertyLocationNew YorkContract TypePermanentConsultant nameRoland WurstJob ReferenceJN-032026-6966369Job NatureHybrid working
