Assistant Project Manager

LIHTC Leaders; Los Angeles (CA); Hybrid; USD 95,000 - 110,000; Full time

Benefits offered by this job

Health insurance

Retirement savings plan

Paid holidays

Paid time off

Discretionary bonus

Incentive compensation

Job summary

April Housing, a leading owner and operator of affordable housing based in Los Angeles, seeks an Assistant Project Manager to support Year 15 resyndication and related transactions. The role collaborates with Preservation and Investment teams under the Resyndication Project Managers and Head of Preservation.

The position involves coordinating acquisition-rehabilitation processes, managing due diligence, and preparing funding and bond applications in a hybrid, full-time capacity in Los Angeles.

Qualifications

• Bachelor's degree and related work or field experience in affordable housing development (e.g., residential architecture, finance, planning, construction).
• Exposure to private and public debt financing.
• Ability to manage multiple concurrent workstreams and outside consultants.

Responsibilities

• Support Project Managers on acquisition and rehabilitation transactions, building systems and processes to track documents, letters, and internal communication.
• Assemble tax credit and tax-exempt bond applications and bond inducement packages.
• Prepare and submit funding draws to financial institutions during rehabilitation.
• Review preliminary title reports, appraisals, market studies, Physical Needs Assessments, and relocation plans, and manage due diligence portion of closings.
• Gather data for preliminary financial projections and update as transactions develop.
• Prepare construction bidding and contract materials, and analyze funding competition and scoring.
• Manage aspects of the tenant relocation process with asset management, property management, and relocation consultants.

Education

Bachelor's degree in related field (affordable housing development)

Job description

About The Employer

April Housing is a leading owner and operator of high-quality affordable housing across the United States. Founded in 2022 and headquartered in Los Angeles, it is a portfolio company of Blackstone Real Estate supporting the affordable housing and LIHTC portfolio. Its mission is to preserve critical affordable housing stock while delivering exceptional management and high-quality homes to the communities it serves.

Location: Los Angeles, CA

Work Arrangement: Hybrid

Employment Type: Full-time

Compensation: $95K-$110K

About The Employer

April Housing is a leading owner and operator of high-quality affordable housing across the United States. Founded in 2022 and headquartered in Los Angeles, it is a portfolio company of Blackstone Real Estate supporting the affordable housing and LIHTC portfolio. Its mission is to preserve critical affordable housing stock while delivering exceptional management and high-quality homes to the communities it serves.

Role Summary

The Assistant Project Manager supports the Preservation and Investment teams, under the direction of the Resyndication Project Managers and the Head of Preservation, to complete Year 15 resyndication and acquisition-rehabilitation transactions.

What You'll Do

• Support Project Managers on acquisition and rehabilitation transactions, building the systems and processes that track documents, letters, and internal communication
• Assemble tax credit and tax-exempt bond applications and bond inducement packages
• Prepare and submit funding draws to financial institutions during the rehabilitation stage
• Review preliminary title reports, appraisals, market studies, Physical Needs Assessments, and relocation plans, and manage the due diligence portion of closings
• Gather data for preliminary financial projections and update them as transactions develop
• Prepare construction bidding and contract materials, and analyze funding competition and scoring
• Manage aspects of the tenant relocation process alongside asset management, property management, and relocation consultants

Required Qualifications

• A bachelor's degree and related work or field experience in affordable housing development, such as residential architecture, finance, planning, or construction
• Exposure to private and public debt financing
• Ability to manage multiple concurrent workstreams and outside consultants

Preferred Qualifications

• At least one successful LIHTC construction financing closing
• Experience with Year 15 resyndications
• Familiarity with tax-exempt bond and tax credit application processes

Benefits

The Company provides health insurance coverage, a retirement savings plan, paid holidays and paid time off.

This role is also eligible for discretionary bonus and incentive compensation on an annual basis.

Equal Opportunity Statement

April Housing is an equal opportunity employer.