You are viewing a preview of this job. Log in or register to view more details about this job.

Real Estate Project Manager

Worcester Common Ground
Email

Real Estate Project Manager

Worcester Common Ground, Inc. (WCG) is seeking a dynamic and experienced Real Estate Project Manager to lead its real estate development activities and support the management of its diverse affordable housing portfolio. WCG currently manages 77 scattered-site rental units directly and oversees an additional 96 LIHTC units managed by an external property management company. To date, WCG has developed 34 First-Time Homeownership properties under our Community Land Trust model.

WCG is currently renovating 16 buildings across 10 sites, totaling 73 units, within our self-managed portfolio. We are also constructing a three-unit condominium development scheduled for completion in April 2026 as part of our First-Time Homeownership Program.

The ideal candidate will be a hands-on, highly motivated, and fearless professional prepared to take on a broad range of real estate responsibilities, including proactively identifying new development opportunities. Strong negotiation skills and the ability to work collaboratively with property owners and partners are essential. Bilingual candidates are strongly encouraged to apply.

Minimum Qualifications

  • At least 2 years of project management experience in affordable housing development
  • Working knowledge of federal, state, and local funding programs, particularly those used in the Commonwealth of Massachusetts
  • Experience with Low-Income Housing Tax Credits (LIHTC) and State and Federal Historic Tax Credits (HTC) (required)

Required Skills

  • Strong verbal communication and negotiation skills
  • Ability to prepare and analyze detailed financial spreadsheets, including predevelopment, development, and operating budgets and project schedules
  • Proficiency with Microsoft Word and Excel
  • Experience negotiating development contracts (e.g., architect, environmental engineering, general contractor)
  • Experience structuring financing with equity investors and lenders (predevelopment, construction, and permanent financing)

Compensation & Benefits

Starting Salary: $55,000 – $65,000 (commensurate with experience)

Benefits package includes:

  • Full Health Insurance (Harvard Pilgrim)*
  • Dental Insurance (Delta Dental)*
  • Workers Compensation
  • Accidental Death & Dismemberment / Life Insurance (equal to annual salary)
  • Pre-tax savings plan with company match of the first 3% of salary
  • Optional 2% employer contribution to IRA
  • 40 hours paid sick time (no carryover)
  • Three personal days
  • Ten vacation days (no carryover)
  • Benefits accrue throughout the year based on time of service
  • 90-day probationary period for all new employees

Available to full-time employees only.
Benefits are prorated based on percentage of full-time employment.