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Senior Project Leader - Michigan

Senior Project Leader - Michigan

Columbus StaffingDetroit, MI, US
1 day ago
Job type
  • Full-time
Job description

Senior Project Leader

The Senior Project Leader will focus on opportunities in the Midwest, primarily Michigan, but also projects in Ohio and elsewhere. The Senior Project Leader will be accountable for the success of each assigned affordable housing project including deal sourcing in targeted markets, preliminary deal evaluation, negotiation of purchases and related documents, procurement of financing, management of third-party consultants, and coordination of internal resources to facilitate successful closings. The Senior Project Leader must have initiative, be an effective communicator and have excellent organizational skills. The position reports to the Director of Senior Housing Development who manages and directs the team toward excellence. The Senior Project Leader will be a part of the Development Department at National Church Residences. National Church Residences is the nation's largest not-for-profit developer and manager of affordable senior housing with 360+ properties in 25 states. The Development Department applies its 40 plus years of property development credentials to initiate, construct, acquire and expand the nation's senior affordable and market rate housing supply.

Desired Attributes :

  • Strong appreciation for the mission of National Church Residences and ability to identify with and support the needs of its residents and other stakeholders.
  • Excellent communication skills and willingness to support a multi-disciplinary department of design, construction, finance, legal and project management professionals.
  • Demonstrated knowledge of real estate investment and the real estate development process.
  • A reliable and responsible team player, that manages time effectively.
  • Strong organizational skills.

Essential Functions and Basic Duties :

  • Identify, pursue and submit tax credit, bond, subordinate (FHLB, HOME, etc.) and lender applications to develop affordable housing communities.
  • Provide recommendations for development team (Syndicator / Investor, Construction and Perm lenders, etc.
  • Submit three or more tax credit applications each year. Close two or more tax credit transactions per year.
  • Obtaining not less than two revenue producing projects per year (9% awards and / or 4% awards, acquisition projects, and / or third-party management contracts.
  • Identify and analyze new and existing senior housing development opportunities. Prepares reports on topics including market investigation, comparable sales analysis, competitor evaluation and demographic research.
  • Actively involved in relationship building and policy-shaping with Michigan State Housing Development Authority, affordable housing owners, developers, brokers and others as needed.
  • Prepare financial underwriting for potential new construction projects, substantial renovations and / or acquisitions.
  • Management of third-party consultants and interpretation of resulting work product / reports.
  • Lead community stakeholder outreach including developing materials and strategies for new development projects. Including but not limited to attending and representing National Church Residences in municipal and community presentations.
  • Lead zoning and entitlement process for affordable housing development.
  • Negotiate and prepare business terms for Purchase & Sale Agreements.
  • Represent National Church Residences with various jurisdictional staff (city, county, state, etc.).
  • Review construction / rehab plans with Pre-Construction Department, architects and third-party engineers / consultants.
  • Participate in strategic planning efforts for the De
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    Project Leader • Detroit, MI, US

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