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Development, Assistant Project Manager

Omni New York, LLC

Development, Assistant Project Manager

New York, NY
Full Time
Paid
  • Responsibilities

    Job Description

    ASSISTANT PROJECT MANAGER Omni New York LLC (ONY) is a rapidly growing affordable housing developer and owner with an affiliated security company, property management company, and general contracting company. ONY and its affiliates own and manage over 13,00 units of affordable rental housing located throughout eight states. Please see our website at www.onyllc.com for more information about our growing company.

    SUMMARY/OBJECTIVE: ONY is seeking an Assistant Project Manager with experience in Affordable Housing to join their team. This position assists the development team with the acquisition, financing, and overall development of affordable housing.

    Great opportunity to work with a fast-paced company and experienced staff.

    CLASSIFICATION: Exempt (not overtime eligible)

    Hybrid Schedule- 3 days in office/2 days work from home

    ESSENTIAL FUNCTION/RESPONSIBILITIES: DUTIES INCLUDE BUT ARE NOT LIMITED TO THE FOLLOWING:

    • Serve as manager for existing and future transactions.
    • Interact with lenders, equity investors, and public agencies in preparation for construction loan closings and permanent loan conversions.
    • Interact with third-party consultants (architects, engineers, environmental consultants, lawyers, etc.) to ensure the delivery of services in a timely manner.
    • Prepare monthly requisitions for funding from public & private lenders during the construction period.
    • Prepare funding applications for lenders, Low Income Housing Tax Credits, and other types of financing.
    • Respond to requests for information from financing agencies in the pre-development, construction, and permanent phase of developments.
    • Assist in the gathering and preparation of due diligence required for external parties.
    • Review financial information and prepare financial models.
    • Lead special projects as they arise.

    REQUIREMENTS:

    • Bachelor’s Degree required

    • Must be detail oriented, organized and able to multi-task

    • Strong writing, quantitative and communication skills

    • Proficiency in Microsoft Excel, PowerPoint and Word

    • Experience in affordable housing development or interest in affordable housing

    • Real estate finance experience preferred

    BENEFITS:

    • Hybrid schedule 3 days in office 2 days work from home
    • We pay 100% of medical benefits, for employee only.
    • Dental, vision and additional benefit selections plan options also available.
    • 401 (K) available plus company match
    • Paid Time Off & Holidays
    • Commuter Benefits, FSA, DFSA
    • STD, LTD, life insurance, dependent coverage

    Job Type: Full-time

    Company Description

    Omni New York LLC is a full service real estate development company founded in 2004 with a vision to bring quality, well-managed affordable housing to historically under served communities. Omni revitalizes communities not just by providing quality affordable, environmentally-friendly housing, but also by working to strengthen the social fabric of the neighborhoods it serves through its partnerships with non-profit social service organizations. Since 2004, Omni has owned and managed 14,005 units of affordable housing in eleven states. The Omni Organization acquires, rehabilitates, builds and manages quality affordable housing throughout the United States. For Omni, it’s more than just building real estate – it’s about building the community. That’s why Omni partners with local community and neighborhood organizations to provide vital social services including after school programs for children, skills training seminars and adult education classes.