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East LA Community Corporation (ELACC)

Assistant Project Manager - RED

Employment type
Full-Time
Posted
about 1 month ago
Location
Los Angeles
Description

Four passionate Eastside activists who came together formed East LA Community Corporation (ELACC) in 1995. ELACC’s mission is to advocate for economic and social justice in Boyle Heights and Unincorporated East Los Angeles by building affordable housing, grassroots leadership, and access to economic development opportunities for low and moderate‐income families. Over the 25‐year history of ELACC, we have leveraged over $259 million in investments through community‐driven real estate development, mobilized thousands of residents to change policies, served thousands of low‐income residents with community wealth services, and we provide quality affordable homes for over 2,900 people.

Assistant Project Manager
ELACC seeks an individual who will work as part of the development team and assist in a full range of development related activities for multi‐family affordable housing developments. The Assistant Project Manager (APM) assists in the predevelopment process thru acquisition, community engagement, entitlements, funding application cycle, construction loan closing, construction, lease‐up and permanent loan conversion. The APM, with supervision and direction, supports the Real Estate Development Department by taking on specific tasks of the development process, as assigned, to advance the project management of multi‐family affordable housing developments.

Under the supervision and direction of the Director of Real Estate Development, the Assistant Project Manager’s primary responsibility is to assist in a full range of real estate development functions in order to ensure project deadline requirements and budget guidelines are met relating to the development of multi‐family affordable housing.

The Assistant Property Manager is an ELACC team member that leads their core project and fulfills their responsibilities to the entire team by actively fundraising, supporting organization wide projects, participating in all staff planning sessions, and being part of achieving the organization’s mission and vision.

Specific Duties

  • Prepare, Coordinate, and complete loan and funding applications to various private and public funding agencies for its real estate projects and submit for peer review and approval
  • Administering loan closings, including working with attorneys, lenders, investors, and escrow/title companies in the coordination and delivery of due diligence, and legal and financial documents
  • Conduct due diligence on properties during the acquisition and predevelopment phases
  • Obtain clearances during the plan check process in order to obtain building permits
  • Prepare, maintain, and submit funding draws to numerous financial institutions for acquisition, predevelopment, and construction phases of affordable housing projects
  • Maintain accurate and up‐to‐date files for all projects
  • Support in all phases of development, including feasibility analysis, community engagement, design development, securing of financing, construction, and lease up

 

Candidates should be detail oriented and able to communicate all agreement milestones and performance items to responsible parties. Have an understanding and applicable experience in working with the California Tax Credit Allocation Committee funding program as well as other City, County and State funding sources.

Accountability and Review:
Position reports to: Director of Real Estate

Performance review: Development Annual

Direct Reports:

Number of employees receiving work direction: Zero

Position titles reporting to position: Zero 

Required experience and skills:

Education and Experience

  • A Bachelor’s degree from an accredited University with:
    • One (1) year of relevant experience in real estate, urban planning/housing development, finance, public policy, or a related field
    • Firsthand knowledge of affordable housing project management procedures, terminology, and concepts

And/or

  • A graduate degree from an accredited University in real estate, urban planning/housing development, finance, public policy, or a related field

 

Knowledge and Skills

  • General knowledge and understanding of real estate development concepts and affordable housing finance
  • Proficiency with Microsoft Excel and Microsoft Word. Ability to read, analyze, and interpret financial reports and legal real estate documents
  • Capacity to handle multiple tasks simultaneously in an organized, efficient, and timely manner and successfully meet project deadlines. Excellent organizational, time management, and problem‐solving skills
  • Strong verbal communication skills and clear writing ability
  • Self‐starter, able to take initiative, and work independently with little or no supervision
  • Need to work well in a high‐pressured environment
  • Ability to exercise discretion and use independent judgement during the course of performing the duties of the position
  • Use of a personal vehicle to travel between worksites and other locations isrequired
  • Must have and maintain a valid California Driver’s License and insurance in good standing
  • Ability to work a 9/80 work schedule
  • Expected to demonstrate superior professional manner, professionalism in interpersonal relations, and work as an effective team member
  • Bilingual English‐Spanish desired ability to speak in Spanish and work with monolingual Spanish speaking residents

 

Compensation: Competitive salary based on qualifications and experience. 55K – 62K. This is a full‐time bargaining unit non‐exempt position with a competitive benefits package that includes health, dental, retirement, life and disability insurance.

ELACC is an Equal Opportunity Employer
 

To apply

Email cover letter and resume to: VP Human Capital & COO East LA Community Corporation
Email: [email protected] www.elacc.org
Position open until filled