Housing Development Project Manager/Senior Project Manager

North Loop of Minneapolis, MN

Organization Background

Aeon is a nonprofit developer, owner and manager of quality, affordable homes in the Twin Cities. Since 1986, the award-winning nonprofit has built or renovated 5,900 apartments and townhomes. These homes provide stability to more than 17,000 people each year. At Aeon, we believe everyone deserves a home. But the threat of homelessness is real. Too many people are struggling to make ends meet. One illness, one day without work, one family emergency, could leave them with nowhere else to go. Together, we will act boldly to create and preserve quality, affordable homes for those who need them most. With Aeon, you’ll discover hard work that’s worth it. Learn more about Aeon at www.aeon.org.

Position Summary

The Project Manager or Senior Project Manager will lead internal and external project teams to produce quality, affordable multi-family apartment homes, and report effectively and efficiently to the Director of Housing Development. Candidate will coordinate housing development projects through pre-development, financing, regulatory/community approvals, design, and construction.

Skills & Qualifications

The successful candidate will demonstrate strong leadership and motivational abilities, exceptional verbal and written communication skills and the ability to successfully interact with a wide range of people. They should be a resourceful problem solver with attention to detail and a seeker of excellence who values results, hard work, community service, and teamwork. Above all, the candidate must have a strong belief in the mission of Aeon and in the people and neighborhoods it serves. It is critical that the candidate has the ability to work effectively with a diverse group of people.

Qualifications include but are not limited to:

  • Work Experience: A minimum of two years of successful, professional real estate development experience, in multi-family affordable housing development.
  • Strong understanding of affordable housing financing.
  • Project Leadership:  Must have successfully led projects through all development phases, and have demonstrable competency in feasibility analysis, political strategy, architectural design, and construction, and in the overall real estate development process.  Must have proven ability to complete projects on time, within a set budget, and within quality standards. 
  • Acquisition: Must have successfully participated in real estate negotiations and acquisitions.  Must exhibit an understanding of options for controlling real estate property and have an in-depth knowledge of related legal contracts.
  • Financing: Must illustrate an ability to craft housing development budgets and proforma.  Must possess comprehensive knowledge of financial risk and liability mitigation and show competency in multi-family real estate financing and analysis, including affordable housing finance.
  • Financing Programs:  Must have direct experience with various funding programs, such as the Low-Income Housing Tax Credit program, Federal Funds (CDBG, HOME, etc.), Housing Revenue Bonds and/or 501(c)3 Bond programs, HUD programs (221d4, 223f, 202, 811, etc.), Tax Increment Financing, Minnesota Housing funding programs.
  • Personal Characteristics: Ability to engage in interpersonal communication that is culturally responsive, ensuring consideration for differing needs and expectations. Must have a commitment to learning and participating in Aeon’s diversity, equity, and inclusion efforts.
  • A commitment to equitable service to our community, valuing the diversity of everyone’s culture, background, and voice is required.

Compensation, Title, Hours & Location

Compensation is commensurate with experience. We are open to a range of experience for this open position and are prepared to offer either an Project Manager or Senior Project Manager role depending on experience and skillset. Compensation would align with the role offered. Aeon offers an impressive benefits package which includes medical, dental, vision, life insurance, short-term and long-term disability, retirement plan, paid time off and an employee assistance program. This position would work Monday-Friday, daytime hours, in-person at our Central Office in the North Loop, with the possibility of a hybrid schedule to include at least 2 days of in-person work.

If you are interested in applying for this position, please visit: https://aeonmn.applicantpro.com/jobs/3275963

Position is open until filled.

Aeon values a diverse work environment. Individuals with disabilities, persons from BIPOC communities, the LGBTQ+ community, and people from underrepresented communities are strongly encouraged to apply.

Aeon is an Equal Opportunity / Affirmative Action Employer

Employees and residents are encouraged to apply.