Senior Project Manager (Affordable Housing)
Envision Consulting · Hybrid · Los Angeles, CA · $140k–$160k
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SENIOR PROJECT MANAGER (AFFORDABLE HOUSING)
ABOUT DECRO
Since 1989, DECRO, a California nonprofit, tax-exempt affordable housing developer, has been committed to meeting the critical shortage of affordable and permanent supportive housing for those who most need this housing – individuals, families, and seniors who are homeless or at risk of becoming so and those whose wages do not keep pace with ever-increasing rents.
ABOUT THE POSITION
Under the direction of Decro's Chief Executive Officer (CEO) and Chief Real Estate Development Officer (CRDO), the Senior Project Manager reports to the Director of Real Estate Development. The Senior Project Manager has primary responsibility for managing all stages of affordable housing development for a portfolio of three to four projects at any given time, depending on size, complexity, and development phase. The Senior Project Manager is expected to lead complex projects from initial feasibility analysis and acquisition through financing, entitlements, construction, lease-up, and transition to operations, while managing risk, schedule, budget, consultants, and key stakeholder relationships.
As a senior member of the development team, this position provides strategic judgment, anticipates and resolves complex project issues, communicates effectively with executive leadership and the Decro Board, and helps strengthen Decro's development practices and organizational capacity. The Senior Project Manager directly oversees assigned entry level and mid-level development staff, including setting priorities, delegating work, reviewing deliverables, coaching performance, and supporting professional development. The Senior Project Manager also represents Decro with public agencies, financing partners, community stakeholders, and other external partners.
ROLES & RESPONSIBILITIES
Development Strategy, Site Acquisition & Feasibility
- Identify and evaluate prospective affordable housing and mixed-use development opportunities consistent with Decro's mission and growth strategy.
- Lead preliminary site due diligence, feasibility analysis, development concept evaluation, and assessment of project risks, opportunities, schedule, and financial viability.
- Prepare clear recommendations and decision materials for review and approval by the Director of RED and then submitted to the CEO, CRDO, and Decro Board for their consideration and decision.
- Lead the acquisition and due diligence process for approved sites, including coordination of brokers, attorneys, consultants, purchase and sale agreements, escrow, closing, and related loan disbursements.
- Establish the overall project vision in consultation with executive leadership, the project architect, property management, and service-provider staff, including identification of target resident populations and long-term operational needs.
Project Finance, Pro Formas & Capital Strategy
- Create, maintain, and regularly update project pro formas, development budg
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through competing priorities and constraints.
- Demonstrated experience supervising and developing staff, including delegating work, setting expectations, providing feedback, and maintaining accountability for results.
- Ability to initiate and maintain effective, cooperative relationships with colleagues, project team members, consultants, local government agencies, lenders and investors, community stakeholders, and external partners.
- Strong analytical, problem-solving, negotiation, presentation, and conflict-resolution skills.
- Demonstrated ability to communicate complex issues clearly and concisely in plain English, both orally and in writing, including with executive leadership, Board members, public officials, and community stakeholders.
- Highly organized and detail-oriented, with the capacity to manage multiple projects and deadlines simultaneously and remain accountable for results under pressure.
- Entrepreneurial, creative, and solutions-oriented approach to real estate development, with strong judgment, initiative, collaboration, and team-building skills.
COMPENSATION & BENEFITS
The annual salary range is $140,000 to $160,000. This is a hybrid role based in Culver City, California. Benefits include employer-paid medical and dental insurance for the employee, life insurance, a 401(k) retirement plan with a 5% employer match after one year of continuous employment, 14 paid holidays, vacation, sick and comp days, a cell phone stipend, and on-site parking.
DECRO is an Equal Opportunity Employer and encourages applications from qualified individuals regardless of gender, race, religion, national origin, sexual orientation, gender orientation, or different ability.
Envision Consulting was retained by DECRO to conduct the search for their incoming Senior Project Manager (Affordable Housing).
Applicants needing accommodation for any part of the application process may contact Envision Consulting at 626.714.7577 to request and arrange for assistance.