City of Alhambra- Affordable Housing Assistance Project Manager

1/30/2024 2:46:35 PM 558

Salary

$58,942.24 - $83,567.46 Annually

Location 

Alhambra, CA

Job Type

Regular

Remote Employment

Flexible/Hybrid

Job Number

24010

Division

Housing Investment & Finance

Opening Date

01/30/2024

Closing Date

3/1/2024 at 11:59 PM Pacific Time (US & Canada); Tijuana







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Qualifications

Any combination of education and/or experience that provides the required knowledge, skills, and abilities to perform the essential functions of the position. Experience, as outlined below, may be substituted for required education on a year-for-year basis.

  • Bachelor’s degree in Public Administration, Business Administration, Urban Planning, Real Estate Development, or related field.
AND

  • Two (2) years of professional experience in real estate project management, loan administration, or housing financing.
DESIRABLE QUALIFICATIONS
In addition to the minimum qualifications, the ideal candidate will also possess:
  • Master's degree in Public Administration, Business Administration, Urban Planning, Real Estate Development, or a related field.
  • Experience in housing underwriting and lending.
  • Experience analyzing and reviewing real estate proformas to evaluate a project’s feasibility and compliance with agency guidelines.
  • Experience with public financing resources for affordable and supportive housing development, Low-Income Housing Tax Credits, and/or tax-exempt bond financing.
  • Knowledge of permanent supportive housing and services provided to special needs populations. 
Knowledge of:
  • Public lending requirements, workflow, and timing in the administration of a range of affordable housing funding sources, especially as it applies to the leveraging of other public funding sources.
  • Rules, regulations, and practices governing affordable multifamily housing development, acquisition/rehabilitation, and other housing-related activities.
  • Issues and evolving best practices related to the development and operation of permanent supportive housing for homeless and special needs populations, including supportive services, property management, coordinated entry systems, rental subsidies, and local, state, and federal homeless programs.
  • Financial analytical skills with an understanding of affordable multifamily housing finance; various funding sources, including Low-Income Housing Tax Credits and tax-exempt bond financing; experience interacting with housing developers and investors.
  • Affordable housing project analysis and loan underwriting.
Skill in:
  • Composing comprehensive, well-written reports.
  • Communicating effectively orally and in writing.
  • Analyzing situations, identifying problems, and recommending solutions.
  • Exercising sound judgement when making decisions.
  • Interacting professionally with various levels of employees, outside representatives, and public officials.
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