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Multifamily Project Manager (due 9/19/2025)
The Mayor’s Office of Housing and Community Development is recruiting for a 9774 – Senior Community Development Specialist 1 - Multifamily Project Manager position. This is a Permanent Exempt – Full-time position.
The Senior Community Development Specialist I / Multifamily Project Manager performs multifamily housing finance work, which may include:
- preserving the City’s existing investments in affordable housing through transactional asset management such as refinancing, recapitalization, repositioning, and workouts.
- identifying, interpreting and applying laws, policies, and regulations as necessary for compliance monitoring, transactional work, and policy and procedures development.
- leading project workouts and capacity-building activities for lower-performing grantees/borrowers/owners.
- leading negotiations with prospective and existing grantees/borrowers/sponsors regarding compliance, funding, workouts, capital needs, and tenant complaints; actively building mutually-beneficial relationships with project sponsors/owners/borrowers.
- collecting data, working with confidential information and preparing a variety of reports, memoranda, and correspondence.
- invoicing, calculating accrued interest, collecting and processing loan payments.
- affordable housing loan underwriting;
- project planning, development and implementation, often with other City agencies;
- project review to ensure compliance with applicable Federal, State and local laws, regulations and procedures;
- providing technical assistance to development partners, project staff, and other agencies;
- reviewing and making recommendations regarding the financing plans and programs, development budgets, construction budgets, operating budgets, timelines, entitlements, service plans, and proposed activities of entities receiving funding;
- reviewing and approving funding requests to entities receiving funds;
- collecting and evaluating performance data from development partners;
- meeting with agencies, architects, and contractors to outline funding program requirements and procedures;
- monitoring progress of construction, including site visits, and processing payments;
- preparing a wide variety of reports, memoranda, and correspondence related to housing and community development activities;
- monitoring projects for compliance with a wide range of occupancy, financial and capital needs requirements;
- enforcing contracts and overseeing remedial actions;
- inspecting buildings and recommending physical improvements based on site visits and capital needs assessments;
- preparing and negotiating loan documents specific to multifamily lending, including loan, note and ground lease documents and amendments, subordinations, LP exits, security agreements, deeds of trust, declarations of restrictions, etc.;
- collaborating with deputy city attorneys to prepare, review and execute these contracts and other necessary documents;
- fielding and responding to inquiries from residents and community members.
See details and apply by Friday, September 19, 2025, 11:59pm.