Kansas , MO – Affordable Housing Development Project Manager

Overview

Affordable Housing Development Project Manager – Full-Time Position

Reports to:

Director of Rental Production

Salary Range: $70,000- $75,000/year

Missouri Housing Development Commission (MHDC) is the Housing Finance Agency for the state of Missouri. MHDC is a mission-driven organization providing affordable housing opportunities for extremely-low to moderate income Missourians with both federal and state funding. The organization offers a rewarding career in public service by providing the opportunity for dynamic, impactful and fulfilling work serving individuals and families across the entire state.

MHDC strives to be an employer of choice and offers competitive pay, work-life balance including generous time off, business casual dress code, downtown location with paid parking, and extensive benefits.

Health Insurance with Immediate Coverage
State of Missouri Pension
Paid Covered Downtown Parking
Prime Downtown Location – on Street Car Line (KC)
Tuition Reimbursement
Paid Professional Licensure / Fees / Continuing Education
Paid Professional Development Opportunities
LEAVE TIME

Annual Leave and Medical Leave accrual begin immediately.

3 Weeks Paid Time-off (Annual Leave)
3 Weeks Paid Time-off (Medical Leave)
13 Paid Holidays (annually)
6 Weeks Paid Parental Leave

Low Salary High Salary

Annual Base Salary $70,000 $ 75,000

Annual Benefits Value $55,199 $ 58,026

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TOTAL COMPENSATION VALUE* $125,199 $ 133,026

* Actual total compensation is based on benefit elections.

In-office – Downtown Kansas City, Missouri

Periodic day and overnight travel (< 10%)

MHDC is seeking a full-time Affordable Housing Development Project Manager for the Affordable Housing Division of MHDC. The Affordable Housing Division oversees the administration of public-private partnerships for the development of affordable multifamily rental properties for the state of Missouri. The Division administers federal and state Low-Income Housing Tax Credits (LIHTC) and U.S. Department of Housing and Urban Development (HUD) HOME Program and Housing Trust Fund federal funding sources to finance affordable multifamily rental housing developments.

This position will manage assigned affordable housing developments from submission to application underwriting to construction completion. Development management will primarily be direct communication with external development teams and on-going development proforma and plan analysis to ensure requirements are met. The Affordable Housing Development Project Manager will work within a team and report to the Director of Rental Production within the Affordable Housing Division.

To perform this job successfully, the individual must be able to perform the following essential duties successfully. Reasonable accommodations will be made to disabled individuals.

Essential Duties

• Perform as a project manager for all assigned developments from initial application through the construction completion/initial lease-up phase.
• Review and underwrite Multifamily Rental Production Program applications submitted to MHDC for completeness, feasibility and adherence to Low-Income Housing Tax Credit (LIHTC), HUD, and MHDC funding requirements, state and federal regulation, and industry standards.
• Review due diligence items for assigned application and closing submissions and collaborate with internal departments throughout the process.
• Independently manage internal and external communication among a diverse mix of stakeholders and colleagues.
• Coordinate multifamily development closings with internal departments and external stakeholders.
• Provide guidance and technical assistance through written and oral communication for developers, tax credit syndicators, and other stakeholders.
• Develop and maintain up-to-date industry knowledge by performing independent research regarding industry standards and practices.
• Provide constructive and innovative input on proposed policy changes.
• Review, reconcile, and provide feedback on Cost Certifications for assigned developments.
• Compile data and draft documents or reports as requested or necessary for the efficient administration of business.
• Attend and actively participate in internal and external industry-relevant meetings, trainings, and conferences upon request, which may include multiple-day travel, overnights, weekends, and out-of-state travel (