About the position
The Capital Project Manager is responsible for representing the owner’s interests and maintaining the housing stock, and commercial properties. The portfolio is comprised of properties financed with diverse funding streams including Low Income Housing Tax Credits (LIHTC), Housing Urban Development (HUD)-Section 8, and other affordable housing financing. The position serves as the contact for investors, lenders and regulatory agencies for the purpose of compliance and reporting. The position interfaces closely with DESC’s Finance Department, Housing Development Department, Facilities Department, and Housing Project Managers.
Responsibilities
- Assess current building conditions and plans for long-range maintenance in collaboration with Director of Facilities.
- Prepare Capital Needs Assessments, with assistance from Director of Facilities and evaluates building reserves to meet needs.
- Oversees bidding and selection of outside vendors for capital projects and supports vendor selection for Property Management.
- Manages larger construction projects stemming from water, fire other damage from emergency situations.
- Assist with preparation, review and compliance with commercial leased spaces.
- Assist Director of Facilities with lease negotiation, tenant related property management issues.
- Assist Accounting with rent collection and lease management.
- Oversee all agency leases for individual and multiple site units that the agency leases as landlord.
- Negotiate lease terms and represent agency interests in leasing terms as applicable with contract requirements.
- Manage landlord relationships in relation to these leases and confirm compliance with lease terms.
- Manage partnership issues pertaining to asset management as they arise.
- Assist with generation of annual budget for each property.
- Make budget recommendations on building maintenance and reserve projects.
- Assist with oversight of contractors and vendors performing repair and maintenance work at existing properties.
- Reports to utility providers and funders on energy usage benchmarks in coordination with Senior Portfolio Manager and others.
- Oversees energy efficiently upgrades to properties, including grant and funding applications such as Homewise or PSE incentives.
- Oversee processes related to acquisition, use, and care of other major physical assets as assigned (such as equipment, vehicles, etc.).
- Participate in staff meetings and trainings, as assigned.
- Other duties as assigned.
Requirements
- Bachelor’s degree in finance, real estate, or related field.
- Minimum of 4 years’ experience in asset management with a background in affordable housing preferred. A Master’s degree in Business, Real Estate or Finance may be substituted for experience.
- Strong analytical skills with the ability to read, interpret, and present financial data.
- Proficient and experienced in project management.
- Proficient in financial statement analysis and modeling.
- Understanding of property management fundamentals.
- General knowledge and understanding of building systems and general construction methodologies.
- Proficiency in Word, Excel, and Outlook.
- Excellent oral and written communication skills.
- Ability to effectively prioritize tasks and work independently.
- Ability to handle sensitive and confidential information.
- Ability to work with diverse cultures and aptitudes.
- Ability to maintain up to date knowledge/training critical for the position.
- Ability to communicate and work effectively with people from various background.
- Ability to handle a wide range of unpleasant and/or bizarre behavior from clients.
- Commitment to the philosophy of cooperation and continuity across programs and consideration and respect for clients.
Benefits
- Dental insurance
- Life insurance
- Long-term disability insurance
- Medical insurance
- Employee Assistance Program (EAP)
- Flexible Spending Account (FSA)
- ORCA card subsidy
- Paid Time Off (34 days per year)
- Retirement Plan
