Project Manager - Real Estate Development

Project Manager

Type: Full-time

Hours: 37.5 hours/week

Location: Valley office, occasional remote negotiable

The Organization

Valley Community Development (Valley) seeks a dynamic Real Estate Project Manager. Valley is a community-based nonprofit formed in 1988 that primarily serves Hampshire and Franklin counties. Our mission is to create social equity by increasing access to housing and small business opportunities.

About the position

Valley seeks an experienced Real Estate Project Manager to work with the Director of Real Estate Development to maintain an active pipeline and manage affordable housing development from concept through completion. This is a fast-paced, deadline driven role requiring strong problem-solving skills, flexibility and the ability to manage multiple priorities and projects, primarily in Northampton, Amherst and surrounding communities.

Responsibilities

•Manage all phases of affordable real estate development from pre-development to lease up

•Conduct site feasibility

•Acquisition negotiation and financing

•Select and manage third-party contractors

•Provide design oversight

•Write applications and secure funding from local, state, and federal sources

•Facilitate community engagement with neighbors

•Develop pro-formas, cash flows, and operating budget

•Manage development during construction, including schedules, requisitions, change orders, and lender relationships

•Complete project close out to lenders

•Build relationships with community partners, lenders, funders, and public agencies

•Other duties as assigned

Qualifications

•5+ years of experience in affordable real estate development or related field

•Strong knowledge of Massachusetts real estate development, LIHTC financing, construction oversight, land use zoning and planning, and project management

•Strong financial and analytical skills, including budgeting and financial modeling

•Experience managing multiple projects simultaneously

•Experience with financially complex development projects preferred

• Exceptionally strong organizational, communication, and collaboration skills

• Proficiency with Microsoft Office

• Commitment to affordable housing, community development, and sustainable building practices

• Bachelor's degree in planning, real estate, business, or related field preferred

The position is full-time 37.5 hours per week, with hours generally scheduled between 9 a.m. - 5 p.m.

Monday through Friday. Occasionally early morning or evening hours are required. Valley is a community-based organization which requires consistent in-office time during the week, some remote work is negotiable.

Salary range for this position is $95,000 - $105,000 depending on experience. This is an exempt position.

Valley’s full-time benefits start at 15 vacation days, 2 personal days, 15 sick days, and 13 paid holidays plus a flex spending account, health, vision, and dental, and short-term disability insurance with Valley covering 85% of all insurance premiums. Valley contributes 5% to a 401(k) retirement plan. Our office is located in downtown Northampton with free parking.

We encourage all to apply even if you do not meet 100% of the requirements. Valley is an equal opportunity employer. Valley will not engage in discrimination against, or harassment of any person employed or seeking employment with Valley on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran, or other characteristics protected by law. We are committed to fostering a diverse and inclusive environment.

Application Process Please email Sarah (ss@valleycdc.org) your resume and responses to the questions below, do not send a cover letter. Valley will begin reviewing applications on a rolling basis, and the position will remain open until filled. References may be requested.

1. Why do you want to work at Valley Community Development?

2. Please explain your current experience in developing affordable housing, either in Massachusetts or elsewhere.

3. What’s your familiarity with the housing landscape in the Commonwealth, and particularly Hampshire County?

Pay: $95,000.00 - $105,000.00 per year

Benefits:

• 401(k)
• 401(k) 5% Match
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Work Location: In person