Job Description

The John Stewart Company (JSCo) is a statewide provider of diversified housing services including affordable housing development (both new construction and acquisition/rehabilitation), multifamily property management, financial consulting and construction management services. JSCo currently manages over 30,000 housing units through offices in San Francisco (headquarters), Sacramento, Scotts Valley, Los Angeles and San Diego. Since 1978, the Company has developed over 3,800 units of affordable and mixed-income housing and it is currently involved in projects totaling over 2,000 units of additional rental and for sale housing in several locations throughout California.

OF THE POSITION:

The Project Manager will have primary responsibility for the full range of activities relating to affordable and mixed-income multifamily housing development. The Project Manager will have sole responsibility for several housing development projects being undertaken by the Company.

Responsibilities

The Project Manager will have primary responsibility for the full range of activities relating to affordable and mixed-income multifamily housing development. The Project Manager will have sole responsibility for several housing development projects being undertaken by the Company.

• Prepare financial, physical, and entitlement feasibility analyses of potential housing sites and developments;
• Prepare budgets, variance analysis and draws;
• Process invoices and manage project budgets;
• Secure permits and approvals as required;
• Negotiate with property owners and sellers;
• Prepare loan, grant and other financing applications (including tax-exempt bonds, low-income housing tax credits and local, state and federal financing programs);
• Work with public and private lenders to secure predevelopment, construction and permanent financing;
• Procure members of design and development teams (including negotiation of consultant contracts);
• Manage architects, general contractors, and related consultants during project predevelopment and construction to ensure high quality work and timely completion;
• Represent JSCo before public agencies, elected officials, community groups, and residents;
• Work with JSCo Property Management staff to assure a smooth transition to operations;
• Develop and implement community acceptance strategies for projects; and
• Perform related duties as required.

Qualifications

The Project Manager should have five or more years of experience in affordable housing, real estate development and/or financing of multifamily housing. The position requires a strong knowledge of affordable housing real estate development practices, affordable housing funding programs, real estate finance, construction, and permitting/entitlement processes. Applicant should have experience and/or demonstrated abilities in the following areas:

• Preparation and analysis of pro forma financial spreadsheets and other relevant financial and physical analyses of low income multifamily housing developments;
• Preparation of financing and equity applications for lenders, public agencies and tax credit investors;
• Thorough working knowledge of federal, state, local and private financing sources and low income housing programs, including low income housing tax credits;
• Initiation and maintenance of effective, cooperative working relationships with public and private lenders, equity investors, public agencies, community groups, architects, contractors, development consultants, social service providers, nonprofit organizations and low income tenants;
• Strong work ethic and personal commitment to the provision of high quality affordable housing;
• Clear and effective verbal and written communications; and
• Ability to work independently and achieve results.

Benefits-at-a-glance

Benefits for Employees who work 30+ hours/week -

• Medical, dental and vision care; preventative medical care paid at 100%.
• Vacation leave of up to ten days per year in the first year.
• Up to 80 hours of sick time per year.
• Flexible Spending Accounts for Health Care and Dependent Care.
• Company paid Life AD&D Long Term Disability.
• Free, confidential counseling through our Employee Assistance Program.
• Commuter benefit program.
• Discounts for AT&T and ClassPass.
• $100 annual Wellness Reimbursement.
• Matching 401(K) Retirement Savings Plan of up to 2% of your compensation (for any employee who works 20 hours or more per week).

Benefits for Employees who work less than 30 hours/week -

• Free, confidential counseling through our Employee Assistance Program.
• Commuter benefit program.
• Discounts for AT&T and ClassPass.
• $100 annual Wellness Reimbursement.
• Matching 401(K) Retirement Savings Plan of up to 2% of your compensation (for any employee who works 20 hours or more per week)
• Up to 80 hours of sick time per year.

Equal Opportunity Employer

The John Stewart Company provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, marital status, veteran status, or any other consideration made unlawful by federal, state, or local laws. The John Stewart Company will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance and Los Angeles Fair Chance Initiative.

California Consumer Privacy Act

Effective January 1, 2020, the California Consumer Privacy Act requires businesses that meet certain minimum threshold requirements to provide a “notice at collection” to applicants for employment who reside in California. The notice at collection describes the categories of personal information to be collected about these California applicants and the purposes for using that personal information. Therefore, we have posted the Company’s “Notice At Collection For California Applicants” here. Please review this Notice at your convenience.