LIHTC Development Sr. Project Manager

LIHTC Leaders; Los Angeles (CA); On-site; USD 130,000 - 150,000; Full time

Job summary

Chavez Foundation in Los Angeles is seeking a Senior Project Manager to lead complex financing for affordable housing developments across the Southwest. You will own funding strategy, underwriting, and application efforts for acquisitions, construction, and permanent financing in CA, NM, AZ, and TX.

Collaborate with internal teams and external lenders to prepare proposals, update proformas and budgets, structure capital stacks (LIHTC, tax-exempt bonds, soft loans, grants), and monitor reporting

Qualifications

• Three to five years of progressively responsible experience in project management.
• Experience with LIHTC, tax-exempt bonds, or public agency programs.
• Strong written and verbal communication and attention to detail.

Responsibilities

• Coordinate and prepare 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.
• 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.
• 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.
• 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.

Skills

LIHTC knowledge

Tax-exempt bonds

Project management

Financial analysis

Strong communication

Deadline management

Education

Bachelor's degree in Finance, Real Estate, Urban Planning, or related field

Master's degree preferred

Tools

Microsoft Excel

Financial modeling software

Job description

About The Employer

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).

Location: Los Angeles, CA

Employment Type: Full-time

Compensation: $130K-$150K

Role 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.

What You'll Do

• 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
• 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
• 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
• 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

Required Qualifications

• Three to five years of progressively responsible experience in project management, with a strong preference for LIHTC, tax-exempt bonds, or public agency programs
• Experience with spreadsheets and project budgeting tools
• Strong written and verbal communication
• Excellent organization and attention to detail
• Ability to manage deadlines and juggle multiple tasks
• Bachelor's degree in Finance, Real Estate, Urban Planning, or a related field; Master's degree preferred
• 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 Qualifications

• 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