ASSISTANT PROJECT MANAGER
Company: April Housing
Location: Los Angeles
Posted on: October 29, 2024
Job Description:
April Housing is a leading owner and operator of high-quality
affordable housing throughout the United States. Founded in 2022
and headquartered in Los Angeles, April Housing is the asset
management business that oversees Blackstone's affordable housing
and LIHTC portfolio. April oversees a portfolio of over 85,000
affordable housing units in approximately 650 communities. April
Housing seeks to preserve critical affordable housing stock while
providing best in class management and high-quality housing. April
is committed to being a fair, transparent, and responsible
owner.
Is this the role you are looking for If so read on for more
details, and make sure to apply today.
April Housing's long-term commitment to owning affordable housing
is supported by Blackstone Funds, predominantly BREIT, a non-listed
REIT. This perpetual capital vehicle provides April with a patient
and flexible source of capital and plays a critical role in
enabling the creation and preservation of more affordable housing.
In addition to managing a growing portfolio, April Housing will
ensure assets in the existing portfolio remain affordable and in
compliance with all rent regulations while making significant
improvements and aligning the operations with April Housing's
Standards of Excellence in Residential Operations.In its pursuit of
excellence, April Housing is looking for individuals who share in
its mission to provide high-quality housing to affordable
residents.Job DescriptionAssistant Project Manager's primary
responsibility is to support the Preservation and Investment
departments (under direction of Resyndication Project Managers and
Head of Preservation) to complete Year 15
resyndications/acquisition and rehabilitation transactions.
- Provides support to several Project Managers as needed in
connection with acquisition/rehabilitation transactions, developing
systems and processes to manage and track necessary documents and
letters; communication across with internal staff; management of
relevant consultants; management of construction and permanent loan
closing due diligence and internal document review.
- Identifies necessary information and assembles tax credit and
tax-exempt bond applications and bond inducement packages.
- Prepares and submits funding draws to various financial
institutions during the rehabilitation stage.
- Performs relevant aspects of due diligence review including
reviewing preliminary title reports, appraisals, market studies,
Physical Needs Assessments, and relocation plans. Manages due
diligence portion of closings.
- Gathers data required to analyze preliminary financial
projections for potential transactions; updates projections as
needed.
- Prepares construction bidding and contract materials.
- Analyzes funding competition and scoring of competitive
applicants in connection with various sources.
- Manages aspects of tenant relocation process (in collaboration
with asset management, property management, and relocation
consultants).
- Provides input, analysis, and recommendations for development
team member selection, including contractors and construction
managers.
- Represents April Housing at certain industry
conferences.Qualifications:
- Qualified candidates must have a Bachelor's degree and some
related work or field work experience in matters related to
affordable housing development such as residential architecture,
finance, planning, construction, etc.
- Exposure to private and public debt financing.
- At least one successful LIHTC financial construction closing a
plus.Qualified applicants with arrest or conviction records will be
considered for employment in accordance with the Los Angeles County
Fair Chance Ordinance for Employers, the California Fair Chance Act
and any other applicable city, county, or local ordinances. Good
cause exists for a criminal background check because one of the
material duties of this position requires access to sensitive
financial information and confidential and proprietary information
and accordingly requires the candidate to possess a high level of
integrity and discretion. The Company faces a significant risk to
its business operations or business reputation if a criminal
history check is not performed. A criminal history that has a
direct, adverse, and negative relationship with these material
duties may potentially result in the withdrawal of a conditional
offer of employment.Equal Opportunity Employer StatementApril
Housing is an equal opportunity employer. In accordance with
applicable law, we prohibit discrimination against any applicant,
employee, or other covered person based on any legally recognized
basis, including, but not limited to: veteran status, uniformed
servicemember status, race, color, caste, immigration status,
religion, religious creed (including religious dress and grooming
practices), sex, gender, gender expression, gender identity,
marital status, sexual orientation, pregnancy (including
childbirth, lactation or related medical conditions), age, national
origin or ancestry, citizenship, physical or mental disability,
genetic information (including testing and characteristics),
protected leave status, domestic violence victim status, or any
other consideration protected by federal, state or local law. We
are committed to providing reasonable accommodations, if you need
an accommodation to complete the application process, please email
talent@revantage.com.
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Keywords: April Housing, La Habra , ASSISTANT PROJECT MANAGER, Executive , Los Angeles, California
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