Position Status: Full Time, Exempt
Summary of Position: The Senior Project Manager at CEDAC is primarily a predevelopment lender and technical assistance provider and is also involved in deferred payment loan underwriting. They are expected to work collaboratively with our borrowers and to provide support and technical assistance with a strong customer service focus. The Senior Project Manager facilitates the successful management of all phases of the real estate development process. They provide advice to borrowers during development and manage the predevelopment and acquisition loan process from underwriting to disbursement. They also work with borrowers to achieve successful project completion by helping to identify additional resources as needed. The Senior Project Manager reports to CEDAC’s Executive Director.
CEDAC is an Affirmative Action/Equal Opportunity Employer and encourages applications from candidates from diverse personal, cultural, and ethnic backgrounds. CEDAC will provide job-specific training as well as professional development opportunities.
CEDAC is a publicly-created community development finance institution (CDFI) that serves as a vital financial and technical assistance resource to nonprofit organizations engaged in effective community development in Massachusetts. We provide financial resources and technical expertise for community-based and other nonprofit organizations building thriving communities. We work closely with state and local partners to assist affordable and supportive housing production and preservation programs.
CEDAC provides predevelopment and acquisition loans and technical assistance to nonprofit community-based organizations involved in affordable housing development and preservation across Massachusetts. In addition, CEDAC staff performs the underwriting activities for several housing loan and grant programs for the Massachusetts Department of Housing and Community Development.
Full-time starting salary range: $90,000 — $105,000, commensurate with experience and education.
In addition to a competitive salary, this position offers an impressive benefits package that includes:
● Health, dental, life, and disability insurance (please note that at the current time, CEDAC pays the entire medical and dental insurance HMO premium for employees and their qualified dependents).
● Section 125 flexible spending account for medical and dependent care.
● 403(b) deferred compensation plan, vesting immediately.
● Three weeks of paid vacation to start.
● Thirteen paid holidays.
● Three personal days.
● Twelve sick days.
● Flexible work schedule, if needed, due to COVID-19 pandemic.
*Please note: Applicants need to live in or are expected to relocate to Massachusetts.
To apply, email your details to email@example.com