LIHTC Development Senior Project Manager

Senior Project Manager

OVERVIEW

The Chavez Foundation (CCF) transforms communities by providing critical services that address the needs of working families. CCF’s Housing and Economic Development (HED) Fund builds, owns, and operates high-quality, service-enhanced affordable housing for families, seniors, and those with special needs across the Southwest U.S. (California, New Mexico, Arizona, Texas).

POSITION SUMMARY

The Senior Project Manager is a mid-level position in affordable housing finance and development. Under general guidance from senior leadership, the Senior Project Manager takes ownership of complex financial processes—supporting funding strategy, underwriting, and application efforts for acquisition, construction, and permanent financing of developments in California, New Mexico, Arizona, and Texas.

RESPONSIBILITIES

Funding Applications and Loan Packaging

• Coordinate and prepare comprehensive funding proposals for local, state, and federal agencies, including responses to RFPs and RFQs.

• Develop and update proformas, budgets, and timelines to support funding applications.

• Prepare and submit loan packages for acquisition, development, and construction financing to relevant agencies, lenders, and investors.

Financial Structuring and Capital Strategy

• Design and structure financing for affordable housing projects, maintaining a database of key financial indicators to inform project estimates.

• Evaluate financing options (e.g., LIHTC, tax-exempt bonds, soft loans, grants) and recommend optimal capital stacks.

Budget Management and Financial Reporting

• Create and monitor project budgets, coordinating with Construction and Accounting teams on revisions.

• Support the production of monthly and quarterly financial reports, including cost vs. budget tracking, cash flow forecasting, and variance analyses.

• Interpret financial results for leadership and project teams.

Compliance and Process Improvement

• Ensure all financial activities comply with applicable regulations, lender requirements, and reporting standards.

• Assist in standardizing financial models, streamlining data-collection workflows, and documenting best practices.

EXPERIENCE

• Three to five years of progressively responsible experience in project management with a strong preference on LIHTC, tax-exempt bonds, or public agency programs.

• Experience with spreadsheets and project budgeting tools.

SKILLS

• Strong written and verbal communication.

• Excellent organization and attention to detail.

• Ability to manage deadlines and juggle multiple tasks.

EDUCATION/QUALIFICATIONS

• Bachelor’s degree in Finance, Real Estate, Urban Planning, or a related field.

• Master’s degree strongly

MINIMUM REQUIREMENTS

• Demonstrated interest in affordable housing or community development.

• Experience in real estate finance or public sector funding.

• Experience with Microsoft Excel or financial modeling software.

PREFERRED REQUIREMENTS

• Familiarity with affordable housing financing tools, including Low-Income Housing Tax Credits (LIHTC), tax-exempt bonds, and public agency funding programs.

• Experience supporting the preparation of development budgets and grant or public funding applications.

• Ability to manage tasks across multiple projects and meet deadlines in a fast-paced environment.

• Comfort working collaboratively across teams, coordinating with Project Managers, Construction, and Accounting teams.

• Interest in process improvement, standardization of financial models, and team support initiatives.