About RCD
Resources for Community Development (RCD) is a leading regional nonprofit developer and owner of affordable housing. RCD’s mission is to create and preserve affordable housing for people with the fewest options, to build communities and enrich lives.

Since RCD was established in 1984, our company has developed or preserved over 65 communities that provide affordable, high-quality, and service-enriched affordable rental housing to over 2,200 low-income households throughout the Bay Area. Through a robust pipeline, RCD is actively growing. RCD strives for excellence, and are we are seeking an outstanding candidate to join our team.

Major Job Responsibilities and Duties: The Project Manager III, under the direction and supervision of RCD’s Director of Housing Development, will have primary responsibility for a full range of development activities relating to affordable multifamily housing development projects.

• Responsible for researching and securing funding sources to support feasibility, pre-development, construction and permanent loan phases of development.
o Research and identify viable funding sources to support project development and completion
o Oversee preparation and submittal of complete funding applications, including organizing and assembling reports, attachments, graphics, budgets, narratives, letters, certifications, and other documentation, as needed
o Assign and oversee tasks assigned to support staff, as appropriate
o Lead in negotiations with lenders, investors, and grantors while incorporating reviews and approvals from multiple departments within the organization.
o Represent RCD and its development work at staff, Council, Supervisor, etc. meetings, as needed
o Manage RFPs, selection and negotiations related to lender and equity investments

• Responsible for securing entitlements for new projects in the RCD pipeline
o Research zoning and entitlements requirements and procedures
o Oversee submission and approval of zoning applications and other required city approvals.
o Initiate and lead in community outreach and engagement work, including making presentations to community groups, Planning Commissions, Design Review Boards, City Councils, and Board Committees, etc.

• Responsible for procuring, contracting with, and managing a variety of development related vendors, consultants, and contractors.
o Oversee identification, selection and contract negotiations with development related vendors, consultants and contractors
o Manage design development process, using continuous input through the course of the project development and completion from Asset Management, Property Management and Services Departments.
o Coordinate and oversee the work of the development team to maintain budget, quality and schedule.
o Monitor construction work, assure high quality work and meet project schedules.

• Responsible for developing and maintaining multiple budgets and financial pro forma throughout the development process.
o Conduct feasibility analysis of new and existing properties.
o Develop and manage project budgets, cash flow projections and schedules from project inception through construction completion, including the implementation of cost containment strategies and value engineering processes throughout the life of the project.

• Manage transition of completed projects from development to operation
o Oversee scheduling and coordination of marketing and lease up of properties
o Ensure successful close out of funding and investor requirements
o Manage complete packaging and transfer of project documents, agreements, and terms to Asset Management and Services teams.
o Assist with management and resolution of construction warranty claims through year 1

• Participate in industry advocacy and marketing efforts for the organization
o Participate in workshops and speaking engagements
o Participate in advocacy efforts for the industry, as appropriate

• Participate in department, RCD and other staff or industry meetings and activities

• Perform other duties as required.

Qualifications: Qualified applicants should have at least five years of progressive experience in affordable housing, finance, and/or real estate. The position requires a strong knowledge of affordable housing real estate development, affordable housing funding programs, real estate finance, and construction

The applicant should have demonstrated experience and/or abilities in the following areas:
• Strong organizational skills and an ability to juggle, prioritize and delegate in a fast-paced environment
• Demonstrated relationship building experience, and an ability to work collaboratively with the diversity of affordable housing and real estate development stakeholders
• Excellent negotiation skills and experience
• Advanced experience in preparation and analysis of pro forma financial spreadsheets, cash flow projections, and other relevant financial and physical analyses of real estate
• Clear and effective verbal and written communications
• Ability to work with minimal supervision
• An entrepreneurial mindset and an interest in exploring new product types and partnerships


Education
Minimum: Bachelor’s degree in finance, economics, urban studies, architecture or related field, or
equivalent combination of education and/or experience.
Desirable: MBA, master’s degree in city planning or related field

Work Environment: Majority of time spent in a sedentary office environment.

Travel Requirements: The responsibilities of this position will require travel to off-site locations.

Physical Requirements: Must be able to communicate clearly, both verbally and in writing. Must be able to lift twenty (20) pounds. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Application Procedure and Salary: Applicants should send a cover letter, resume AND salary requirements via e-mail to careers@rcdev.org. Please reference “Project Manager III” in the subject line. Applicants with suitable experience and/or skills will be contacted for interviews. Compensation is negotiable depending on experience and qualifications. RCD offers competitive benefits including: paid vacation and sick leave; health, dental, vision, life and long-term disability insurance; pre-tax flexible spending and commuter check plans; and employer contributions to a retirement savings plan. No calls please.

RESOURCES FOR COMMUNITY DEVELOPMENT IS AN EQUAL OPPORTUNITY EMPLOYER