Development Project Manager

Job Description

MDG Design and Construction LLC, an affordable housing developer, with over 30 years of excellence and industry leader real estate firm that develops and constructs high quality affordable housing, based in Woodbury, NY seeks a Development Project Manager.   

Our company oversees all aspects of multifamily residential development, an expert in construction, development, and design and specializes in new construction and moderate rehabilitation of affordable apartment buildings nationally.  

In this position, the Development Project Manager will be the key person in charge of coordinating all development activities to: 1) source projects via partnerships, RFPs and acquisitions; 2) drive projects to closing, balancing complex affordable financing structures and multiple stakeholders; 3) and ensuring that projects are both beneficial to their community and residents and financially profitable and viable.

The Project Manager works cooperatively together with our in-house team members in development and construction and with third-party experts such as architects and engineers to direct all the key elements of affordable housing development and to bring projects to completion.

In this position, the Development Project Manager will be responsible for:

• Coordinate and drive projects to achieving development milestones.
• Manage and track predevelopment costs and budgets.
• Underwrite or review underwriting and coordinate cash flow and budgets with actual or estimated costs and terms provided by government bodies, investors, or lenders.
• Seek out and complete RFP and RFQs for new projects aligning with MDG’s strengths.
• Establish strong relationships within affordable housing across a wide range of professions.
• Prepare reports and presentations as needed to communicate with clients and community stakeholders as needed.
• Coordinate project team including but not limited to internal staff, development partners, attorneys, contractors, government agencies, accountants, engineers, architects, housing authorities, and managing agents.
• Review and negotiate relevant legal documentation with approval as needed from senior management.
• Determine realistic project plans and specs with architect and engineers and coordinate pricing.
• Create and adhere to a timeline outlining the development project and tracking design, funding and construction milestones as needed.
• Identify potential real estate development and partnership opportunities aligning with MDG’s strengths.
• Report to senior management to determine final approval for development opportunity.
• Monitor project milestones during construction and lease-up

The ideal candidate must have:

• Bachelor Degree or relevant experience
• 3 years of relevant experience
• Experience handling sensitive and confidential information and material
• Excellent verbal and written communication and outstanding customer service skills,
• Ability to be resourceful and proactive in dealing with issues that may arise

We are also looking for the ideal candidate to be:

• Proficient in MS Office; Word, Excel and Outlook-Calendar
• Familiarity with affordable housing funding processes
• Familiarity with affordable housing structures and participants
• Be driven to overcome challenges and drive projects to closing
• Detail-oriented, highly organized, self-Motivated and ability to prioritize tasks and projects with limited direction and time constraints.
• A good culture fit: Professional presence, open-minded, positive attitude and team player

When applying, submit your your resume and cover letter with subject line: Resume – Development Project Manager.

We are an Equal Opportunity Employer.