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Oklahoma City Housing Authority · 1 month ago

Development/Asset Manager Project Associate

Oklahoma City, OK

Full-time

Onsite

Entry, Mid Level

2+ years exp

Oklahoma City Housing Authority is responsible for managing affordable housing projects, and they are seeking a Project Associate to oversee the planning, implementation, and monitoring of real estate development projects. The role involves managing funding resources, contracts, and compliance with regulatory requirements throughout the project lifecycle.

GovernmentInfrastructureLeasingReal Estate

Responsibilities

Works collaboratively to identify property capital needs prior to conversion from Housing Authority Asset to the CEC Affordable Housing portfolio

Manages the process to receive necessary approvals to allocate funds from HUD and other partnership resources through the annual plan and multi-annual debt funding package specific to each project

Manage any adjustments to annual budgets required for reallocation of funds

Implements, manages, and maintains development programming financial and project development records, including assessments, contracts, and ongoing costs/funding allocations according to Sources Sought compliance

Project specific reviews and monitoring of Draw reports ensuring requirements of David-Bacon prevailing wages and Section 3 are being met, where applicable

Reviews and monitors Schedule of Values and Procurement reports ensuring Build America / Buy America compliance is met, where applicable

Monitors implementation schedules for all programs to ensure schedules and compliance requirements are met, applicable to Funding Partners, and other systems including HUD systems like EPIC, PIC, REAC, and Section 3

Prepares Sources Sought funding applications for supplemental funds (CDBG, HOME, NHTF, etc.) and monitors applicable schedules, reporting, and status of grants to relevant grantor agencies

Coordinate with the City of Oklahoma City and other agencies to receive environmental clearance for federally funded activities

Participates in the administration of construction contracts and financial records for Development project activities

Participates in the administration of architectural and engineering contracts and other contracts as needed, including all necessary coordination with architects and engineers and other consultants and contractors

Perform other duties and responsibilities as assigned

Qualification

Real Estate DevelopmentAccountingContract ManagementDavis-Bacon ComplianceSources Sought FundingFinancial ReportingMS WordMS ExcelEffective CommunicationProblem Solving

Required

Demonstrated self-sufficiency and independence in completing work products

Demonstrated writing skills

Effective communication skills

Knowledge of MS Word and Excel

Excellent problem solving abilities

Ability and desire to learn new things

Adjust with a fluctuating portfolio and set of regulations

(2) years minimum Accounting, Bookkeeping, Ledger development including tracking with Project / Property Budgets during Development and ongoing upon Occupancy

Preferred

A minimum of 2 years working with Real Estate Development / Design / Construction projects with an understanding of contracts and Sources Sought funding sources, Davis-Bacon prevailing wages, managing subcontractors, and/or implementing Sources Sought for real estate, ideally with a public housing authority, real estate management company, architect or construction management company

Utilize priority accounting software, develop and maintain financial spread sheet/ledgers, review and comment on contracts/invoices, facilitate income and payment tracking, maintain Sources Sought funding compliance reporting and maintain electronic master files of all Project/Property documents and coordination