Stacey Hartnett

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  • Skid Row Housing Trust seeks Project Manager in Real Estate Development Office

    Project Manager - POSITION DETAILS

    Job Location
    USA-CA-Los Angeles
    Travel Percentage
    Up to 25%
    Position Type
    Full Time
    Job Shift
    Day
    Education Level
    4 Year Degree
    Job Category
    Real Estate

    POSITION DESCRIPTION

    Working under the direction of the Real Estate Development Director, the Project Manager works as part of a team and is responsible for the development of new and existing permanent supportive housing, affordable housing, and community development projects in Los Angeles and the surrounding area; overseeing projects from acquisition and entitlements, through design and construction and initial occupancy, and handing the project off once it is in operations. The essential duties of this position include, but are not limited to, the following:

     

    ESSENTIAL FUNCTIONS

    • Manage all phases of development for new construction projects including conducting feasibility analysis, obtaining entitlement and local approvals, developing and maintaining preforms, securing all financing, and managing the design and construction phases;
    • Manage all phases of development for recapitalization projects including all refinancing any existing loans, developing rehabilitation scope, creating property budget and financing plan, securing all necessary financing and local approvals, and managing the construction and relocation process;
    • Conduct all physical, financial and operational due diligence on properties during the acquisition, predevelopment and feasibility phases, working with various consultants to obtain necessary reports and studies;
    • Obtain any necessary Senior Management and Board of Directors’ approvals for projects;
    • Coordinate with internal departments (asset management, property management, accounting, and resident programs) before and during and after construction to ensure smooth tenant relations and transition to operations;
    • Serve as a contact person on project-related issues for all internal and external parties involved with the project, including internal departments, public and private lenders, local planning and building and safety departments, community groups and joint-venture partners;
    • Manage all aspects of project financing: Conduct financial feasibility analysis and identify funding sources and strategies, prepare all public and private loan applications and documents, grant and subsidy applications and proposals to various private and public funding agencies for acquisition, predevelopment, construction and permanent financing as well as rental subsidies, secure commitments from any necessary funding sources, and manage and coordinate all aspects of acquisition, construction and permanent financing escrow closings;
    • Manage the negotiation with lenders, investors, sellers, architects, contractors and consultants on legal agreements, loan documents and contracts;
    • Manage architects and contractors during design and construction phases, oversee preparation of construction bidding and contract materials, and select and supervise all third party consultants;
    • Coordinate transition to operations, monitor property management and resident programs and all related-parties during tenant selection and lease up;
    • Obtain all necessary approvals and permits from local planning and building and safety departments in order to begin construction, and represent the owner at all construction meetings and coordinate with local utility companies;
    • Attend public agency workshops regarding financing and design requirements, as applicable to specific projects;
    • Stay informed on local, regional, and state politics that could impact development projects;
    • Provide guidance to Project Managers and Assistant Project Managers;
    • Perform other duties as assigned by the Real Estate Development Director; and
    • Perform all duties with a high level of execution and with very little direction.

    QUALIFICATIONS

    • A Master’s degree in a related field and one (1) or more years of experience in real estate/housing development, finance, urban planning, architecture or a related field; OR a Bachelor’s degree and two (2) or more years’ experience in real estate/housing development, finance, urban planning, architecture or a related field;
    • Experience managing or assisting in the management of the entire development process of a typical affordable housing development, preferably with experience in permanent supportive housing;
    • Knowledge of affordable housing and real estate development and finance including key aspects such as land use and entitlement, property due diligence and acquisition, and site planning and design, with preference for experience with affordable housing transactions, which include public subsidies, low income housing tax credits and tax exempt bonds;
    • Interest in permanent supportive housing and passion for finding solutions to ending homelessness;
    • Understanding of local government financing and design approval processes;
    • Ability to take initiative and think critically under pressure with the goal of finding creative solutions to complex and technical problems;
    • Must be able to work well with employees and colleagues at all levels, with an entrepreneurial and creative approach to problem-solving in the field of real estate development, and an enthusiasm and team building spirit;
    • Ability to effectively engage and present to community representatives, including persons with diverse economic and educational backgrounds, in the real estate and community development process;
    • Strong ability to multitask and manage multiple projects at once;
    • Well-organized, detail oriented, and excellent analytical skills;
    • Strong problems solving skills, good client and public presentation skills, and excellent oral and written communication skills;
    • Ability to read, analyze, and interpret financial reports, legal documents, and physical and operational assessments;
    • In-depth understanding of and ability to prepare and update affordable housing development financial proformas;
    • Preferably have managed or assisted with the management of at least two (2) different affordable housing funding applications and at least one (1) escrow closing (preferably a construction closings) for developments utilizing LIHTC funding;
    • Proficient in Microsoft Office applications such as Outlook, Word, Excel and PowerPoint, and the ability to learn proper use of various software programs, as needed;
    • Proof of ability to work in the United States. Must have and maintain a valid California driver's license and auto insurance at all times and have the availability of an insured vehicle to travel within the organization’s service area.

     

     

    Feel free to contact Stacey in regards to this position at stacey@skidrow.org.


  • donated 2016-11-15 22:08:17 -0800

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  • commented on Forum on Student Debt Recap by Delanie Ureño 2016-10-19 15:47:51 -0700
    So glad that Delaine was able to gain valuable knowledge by attending the forum. If you added we would love to hear about your experience. Comment below of send us an email.
  • Skid Row Housing Trust is looking for a Asset Manager in Compliance Department

    Skid Row Housing Trust (the “Trust”) is a nationally recognized nonprofit corporation that produces, preserves, and operates supportive housing in and around downtown Los Angeles.  The Trust serves the poorest and most vulnerable people in Los Angeles, including homeless individuals and those who may become homeless.  Our VISION is that all residents of downtown Los Angeles have a home that is affordable and safe.

    The Trust develops, manages and operates affordable homes for the homeless in the Los Angeles area.  The Trust is a 501(c)(3) nonprofit organization that owns and operates 26 properties and is developing two properties that will be in operation in the next two years.  Most of the properties receive subsidies under the Section 8 program through the Housing Authority of the City of Los Angeles.

     POSITION SUMMARY

    The Asset Manager-Compliance works as part of team to ensure that all properties comply with the occupancy regulations and requirements established by the Department of Housing and Urban Development (HUD), the Tax Credit Allocation Committee (TCAC), and other regulatory agencies.  This position reports to the Director of Asset Management and works closely with the Asset Management staff and Property Management staff.  This position serves as the primary contact for regulatory agencies regarding compliance issues.  Specific duties and responsibilities include, but are not limited to, the following:

    ESSENTIAL FUNCTIONS

    • Serve as the asset management contact person for regulatory compliance issues for all properties in the Trust’s portfolio;
    • Work with Property Management Company on initial project lease-ups ensuring timely and accurate processing of applicants and provide reporting to limited partners and funders;
    • Review documents related to compliance reporting to limited partners, funders and other agencies and use judgment, experience and professional skills to identify documents necessary for reporting requirements and asset management recordkeeping;
    • Work on the implementation of annual rental increases in the Trust’s portfolio;
    • Conduct reviews of resident files on a quarterly basis to ensure compliance and recommend and monitor any corrections to files that are needed;
    • Coordinate with property management to conduct quarterly asset management compliance training for property management staff, and evaluate the effectiveness of the training and make recommendations on structuring future seminars, as necessary;
    • Complete and/or supervise the completion of all quarterly and annual reports to investors and housing programs on time; and
    • Other duties as assigned by the Director of Asset Management.

    Oversight Responsibilities

    Carries out oversight responsibilities in accordance with the organization’s policies and procedures and all applicable laws.  Responsibilities include training compliance assistant and working with Property Management to train site staff on current compliance requirements; planning, assigning and reviewing the work submitted to our funders and partners; and addressing complaints and resolving problems.

    Works with Property Management Company to ensure:

    • Timely submittal of the compliance reports and timely data entry into database;
    • Effective and efficient management of the annual occupancy reporting processes to funders; and
    • Accurate completion of documentation for compliance reporting.

    QUALIFICATIONS

    • To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skills and/or abilities required.
    • Individual must be a self-starter, be able to take initiative, and make good decisions under pressure.  Individual must be able to work well with employees and colleagues at all levels.

     

    Education and Experience

    • Bachelor’s degree in Business, Finance or field of study equivalent preferred;
    • Minimum of three (3) years’ work experience in occupancy reporting in affordable housing, preferably with tax credit projects required; and
    • Knowledge of HUD, TCAC and other affordable housing programs required.

    Language and Communication Skills

    • Above average interpersonal, verbal and written communication skills;
    • A proven ability to interact well with all levels in an organization and to work as a productive team member;
    • An ability to compose correspondence and basic reports, knowledge of proper English, grammar and punctuation and the ability to edit documents is required with knowledge of a variety of written styles and formats;
    • Able to communicate effectively with people from diverse cultures and backgrounds;
    • Ability to read/interpret regulatory requirements; and
    • Bilingual English/Spanish a plus.

    Mathematical Skills

    • Ability to prepare, review, comprehend, analyze and monitor financial reports; and

     

    • Ability to calculate figures and amounts such as monthly/annual income, rental increase, etc.

     

     

    Reasoning  and Critical Thinking Skills

    • Effectively manage and solve problems; and
    • Effectively handle sensitive situations with complex variables where only limited information exists.

    Computer Skills

    • Excellent computer skills, including Microsoft Office applications such as Outlook, Word and Excel as well as project data systems software such as Yardi.

    Other Skills and Abilities

    • Ability to take direction and accept constructive criticism from the Director of Asset Management;
    • Ability to maintain confidentiality;
    • Flexible and adaptable to work plan changes and organizational changes;
    • Ability to prioritize a heavy workload and handle simultaneous tasks; organized and self-motivated, paying close attention to detail;
    • Ability to work in a collaborative manner as a member of a team, and demonstrate at all times cooperative behavior with colleagues and supervisors. Relate professionally and maintain positive relationships with colleagues and co-workers;
    • Relate professionally and maintain positive relationships with owners, regulatory agencies, the community, other professionals, vendors, residents and co-workers;
    • Maintain a professional personal appearance at all times;
    • Ability to understand and follow posted work rules and procedures; and
    • Ability to perform simple and repetitive tasks as well as complex and variable tasks.

     

    Certificates, Licenses, Registrations

    • Proof of ability to work in the United States; and

     

    • Must have and maintain a valid California driver’s license and auto insurance at all times and have the availability of an insured vehicle to travel within the organization’s service area.

     

    Compensation:  Salary is commensurate with qualifications and experience.  Benefits include: Two (2) weeks annual vacation accrual, nine (9) paid holidays, ten (10) sick days accrual; company-paid health, dental and vision insurance, STD, LTD, and life insurance.  Voluntary benefits include: additional life insurance, critical and accidental insurance, discounted Metro TAP card, and eligibility to participate in 403(b) plan.

    Send cover letter and resume to:  jobs@skidrow.org

    Skid Row Housing Trust is an equal-opportunity employer.  Women and Minorities are encouraged to apply.


  • Skid Row Housing Trust is looking for a Senior Project Manager

    Skid Row Housing Trust (the “Trust”) is a nationally recognized nonprofit corporation that produces, preserves, and operates supportive housing in and around downtown Los Angeles.  The Trust serves the poorest and most vulnerable people in Los Angeles, including homeless individuals and those who may become homeless. Our VISION is that all residents of downtown Los Angeles have a home that is affordable and safe.

    The Trust develops, manages and operates affordable homes for the homeless in the Los Angeles area.  The Trust is a 501(c)(3) nonprofit organization that owns and operates 26 properties and is developing two properties that will be in operation in the next two years.  Most of the properties receive subsidies under the Section 8 program through the Housing Authority of the City of Los Angeles.

    POSITION SUMMARY

    Working under the direction of the Real Estate Development Director, the Senior Project Manager works as part of a team and is responsible for the development of new and existing permanent supportive housing and community development projects in Los Angeles and the surrounding area; overseeing projects from acquisition and entitlements, through design and construction and initial occupancy, and handing the project off once it is in operations. The essential duties of this position include, but are not limited to, the following:

    ESSENTIAL FUNCTIONS

    • Manage all phases of development for new construction projects including conducting feasibility analysis, obtaining entitlement and local approvals, developing and maintaining proformas, securing all financing, and managing the design and construction phases;
    • Manage all phases of development for recapitalization projects including all refinancing any existing loans, developing rehabilitation scope, creating property budget and financing plan, securing all necessary financing and local approvals, and managing the construction and relocation process;
    • Conduct all physical, financial and operational due diligence on properties during the acquisition, predevelopment and feasibility phases, and working with various consultants to obtain necessary reports and studies;
    • Obtain any necessary Senior Management and Board of Directors’ approvals for projects;
    • Coordinate with internal departments (asset management, property management and resident services) before and during and after construction to ensure smooth tenant relations and transition to operations;
    • Serve as a contact person on project-related issues for all internal and external parties involved with the project, including internal departments, public and private lenders, local planning and building and safety departments, community groups and joint-venture partners;
    • Manage all aspects of project financing:  Conduct financial feasibility analysis and identify funding sources and strategies; prepare all public and private loan applications and documents, grant and subsidy applications and proposals to various private and public funding agencies for acquisition, predevelopment, construction and permanent financing as well as rental subsidies; secure commitments from any necessary funding sources; manage and coordinate all aspects of acquisition, construction and permanent financing escrow closings;
    • Manage the negotiation with lenders, investors, sellers, architects, contractors and consultants on legal agreements, loan documents and contracts;
    • Manage architects and contractors during design and construction phases, overseeing preparation of construction bidding and contract materials, and selecting and supervising all third party consultants;
    • Coordinate transition to operations, monitor property management and resident services and all related parties during tenant selection and lease up;
    • Obtain all necessary approvals and permits from local planning and building and safety departments in order to begin construction, representing the owner at all construction meetings and coordinate with local utility companies;
    • Attend public agency workshops regarding financing and design requirements, as applicable to specific projects;
    • Stay informed on local, regional, and state politics that could impact development projects;
    • Provide guidance to Project Managers and Assistant Project Managers;
    • Perform other duties as assigned by the Housing Development Director; and
    • Perform all duties with a high level of execution and with very little direction.

    QUALIFICATIONS

    • Master’s degree in a related field and three or more years’ of experience in real estate/housing development, finance, urban planning, architecture or a related field, or a Bachelor’s degree and four or more years’ experience in real estate/housing development, finance, urban planning, architecture or a related field required;
    • Experience managing all of the development process of a typical affordable housing development, preferably with experience in permanent supportive housing required;
    • Knowledge of affordable housing and real estate development and finance, including key aspects such as land use and entitlement, property due diligence and acquisition, and site planning and design required;
    • Experience in structuring and negotiating affordable housing transactions, which include public subsidies, low-income housing tax credits and tax exempt bonds preferred;
    • Interest in permanent supportive housing and passion for finding solutions to ending homelessness;
    • Understanding of local government financing and design approval processes;
    • Ability to take initiative and think critically under pressure with the goal of finding creative solutions to complex and technical problems;
    • Individual must be able to work well with employees and colleagues at all levels;
    • An entrepreneurial and creative approach to problem-solving in the field of real estate development;
    • Enthusiasm and team building spirit;
    • Ability to effectively engage and present to community representatives, including persons with diverse economic and educational backgrounds, in the real estate and community development process;
    • Strong ability to multitask and manage multiple projects at once;
    • Well-organized, detail oriented, and excellent analytical skills, strong problem-solving skills, good client and public presentation skills, and excellent oral and written communication skills;
    • Ability to read, analyze, and interpret financial reports, legal documents, and physical and operational assessments;
    • In-depth understanding of and ability to prepare and update affordable housing development financial proformas;
    • Managed at least three (3) escrow closings (at least 2 construction closings) for developments utilizing LIHTC funding;
    • Proficient in Microsoft Office applications such as Outlook, Word, Excel and PowerPoint, and the ability to learn proper use of various software programs, as needed; and
    • Proof of ability to work in the United States, and must have and maintain a valid California driver’s license and auto insurance at all times and have the availability of an insured vehicle to travel within the organization’s service area.

     

    Compensation:  Salary is commensurate with qualifications and experience.  Benefits include:  Two (2) weeks annual vacation accrual, nine (9) paid holidays, ten (10) sick days accrual, company-paid health, dental and vision insurance, STD, LTD, and life insurance. Voluntary benefits include: additional life insurance, critical and accidental insurance, discounted Metro TAP card, and eligibility to participate in 403(b) plan.

    Send cover letter and resume to:  jobs@skidrow.org

     

    Skid Row Housing Trust is an equal-opportunity employer.  Women and Minorities are encouraged to apply.


  • commented on February Board Meeting 2016-03-02 17:41:21 -0800
    Love these stickers!
Nonprofit professional serving LA's formerly homeless.

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