Job DetailsJob LocationColorado - COPosition TypeFull TimeEducation LevelBachelors DegreeSalary Range$89,000.00 - $114,000.00 SalaryTravel PercentageUp to 50% Job CategoryFinanceDescriptionpositionConstruction Project Managerdivision/departmentAsset Management/Asset Qualityclassification Exemptnature of positionCHFA, acting as an allocator of housing tax credits and as a lender, is responsible for monitoring and ensuring quality of construction by borrowers and owners. The person in this position will perform construction management and property inspection functions on various projects related to multifamily housing programs administered by CHFA. Responsibilities include participation in the underwriting process through physical inspection of collateral, review of cost estimates, identification of environmental issues, making initial recommendations, and reviewing construction draws. essential functions
- Monitors construction processes and budgets for rehabilitation and new projects.
- Acts as lender's representative throughout the construction process, including reviewing construction draws.
- Reviews rehabilitation and new construction loan proposals for overall project feasibility which would include the following:
- Reviews construction contracts, contract documents, cost estimates, specifications, and blueprints, ascertains compliance with federal, state, and local codes, HUD standards, and Davis-Bacon Wage Requirements
- Explains procedures to customers and contractors, reviews Environmental Assessments, conducts transaction screenings, identifies accessibility issues and recommends remediation actions as appropriate, review construction draw requests and change orders, makes recommendations related to scheduling, identifies conflicts and resolving issues; coordinates communication with the production division ensures accuracy and completeness of design as they relate to materials, equipment systems, ensures that contractors follow the contract documents and adhere to schedules and projects
- Perform construction monitoring and property inspection functions. Participation in the underwriting process through physical inspection of collateral, identification of environmental issues, make initial recommendations and implement approved actions
- Evaluation of Environmental Conditions and application of ASTM and NEPA review processes as they apply to project conditions/reviews which includes working with other Divisions within CHFA.
- Understanding of Housing Tax Credit Allocation (LIHTC and MIHTC), Proposition 123 programs, CHFA multifamily lending products, including 542 (c) risk-share, and New Market Tax Credit (NMTC) Programs as they relate to the specific construction processes
- Participate and contribute in all activities and/or projects that directly support CHFA in fulfilling its mission and achieving its vision through dedication to the community in which CHFA serves, operational excellence, and fiscal responsibility.
- Other duties as assigned.
knowledge, skills, and ability Must possess:
- Knowledge of civil structural, architectural, mechanical, and electrical systems
- Ability to interpret local codes, have a thorough understanding of construction terminology and be capable of production cost pricing, including knowledge of construction estimating and accounting practices
- Knowledge of Davis-Bacon wage requirements
- Ability to understand the correlation between construction, maintenance practices, property management techniques, and prudent underwriting procedures
- Ability to read and interpret construction documents (plans and specifications)
- Knowledge of computer software programs such as Microsoft Word, Excel, Project, etc.
- Ability to make effective presentations in a clear and concise manner
- Ability to establish rapport, effectively communicate orally and in writing, and provide excellent customer service with persons of diverse ethnic, racial, and cultural backgrounds.
- Understanding of the following programs as they relate to the specific environmental and construction processes: Housing Tax Credit Allocation (LIHTC and MIHTC), Proposition 123 programs, CHFA multifamily lending products, including 542 (c) risk-share, and New Market Tax Credit (NMTC) Program
- Abilities that reflect our values:
- Ability to continuously improve and develop knowledge and skills, while adapting quickly to changing circumstances and processes
- Ability to work towards inclusion in all activities, and decisions through the solicitation and appreciation of diverse perspectives.
- Ability to exercise personal accountability in all activities and decisions.
- Ability to embrace a culture of operational excellence to ensure processes are continually evaluated and improved as necessary.
- Ability to operate with a sense of integrity
- Ability to have fun with a demonstrated sense of humor
- Valid Colorado Driver's License
experience/education
- Requires Bachelor's in Construction Management, Architecture, Engineering, or related field, or three years of construction management, owners representation, and/or lending in new construction.
- Preferred coursework or experience in owners' representation, property management, construction management, environmental concerns, and construction loan underwriting practices.
equipment usedSmart Phone; personal computer; calculator; photocopy, and personal or CHFA fleet vehicle.work environmentThe incumbent in this position will perform the essential functions of the position in a hybrid office environment and at construction sites with or without accommodations. Extensive travel may be required in the state of Colorado. This position requires high levels of interaction and collaboration with others.hiring range$89,000 - $114,000 plus bonus opportunityvalidation statementThis job description is a general description of essential job functions, not intended as an employment contract or to describe all duties someone in this position may perform.benefit information
- Comprehensive medical, dental, and vision insurance plans with competitive rates
- Generous Paid Time Off, including paid volunteer time and leave programs.
- Please visit our benefits page for additional information
how to applyExternal candidates: Please apply online at www.chfainfo.com - Careers TabApplications for this position are encouraged through April 19, 2025, and will be accepted util the position is filled.With respect to its programs, services, activities, and employment practices, Colorado Housing and Finance Authority prohibits unlawful discrimination against applicants or employees on the basis of age 40 years and over, race, sex, sexual orientation, gender identity, gender expression, color, religion, national origin, disability, military status, genetic information, marital status or any other status protected by applicable federal, state or local law. Requests for reasonable accommodation, the provision of auxiliary aids, or any complaints alleging violation of this nondiscrimination policy should be directed to the nondiscrimination coordinator, 1.800.###.####, TDD/TTY 303.###.####, CHFA 1981 Blake Street, Denver CO 80202-1272, available weekdays 8:00 a.m. to 5:00 p.m.