Project Manager

Overview

Trust Neighborhoods is seeking a Project Manager to fill a critical role of working with neighborhood partners to launch and manage MINTs. This role will be a part of the MINT team and report directly to the Senior Project Manager. This is a highly cross-functional role which will require analytic skills and the ability to lead management and coordination across neighborhood partners, key stakeholders, legal counsel, funders, and other Trust Neighborhoods team-members and leadership. Applications due by Monday, January 12th

Description

About Trust Neighborhoods

Trust Neighborhoods is a nonprofit dedicated to helping neighborhoods facing gentrification fight displacement by directing their own investment. Our team is motivated by reversing decades of unjust and racist disinvestment in our neighborhoods and a belief that a different future for neighborhoods is possible, necessary, and urgent. We believe that there can be more neighborhoods that are diverse, mixed-income, and deliver opportunity for everyone.

Trust Neighborhoods works with existing neighborhood-based organizations across the US in communities at risk of gentrifying and helps them secure affordable housing and retail through a Mixed-Income Neighborhood Trust (MINT) before pricing pressure displaces renters. Trust Neighborhoods supports neighborhood-based organizations to launch MINTs that use outside investment to buy, renovate, build, and manage high-quality, affordable rental housing and retail to preserve affordability, prevent displacement, and enable community governance.

Trust Neighborhoods created the MINT model in 2020 and has launched five MINTs to date in Denver-Aurora, Boston, Fresno, Tulsa, and Kansas City. In this time, the MINT model has gained national recognition as an innovative and promising solution to housing affordability, including being selected into UC Berkeley’s Housing Lab, as a finalist for the Enterprise / Wells Fargo Housing Affordability Breakthrough Challenge, and highlighted by Shelterforce in their Innovations in Community Ownership series. We are building our team to meet the demand we’re seeing for MINTs from dozens more communities across the country.

About the Role

Trust Neighborhoods is seeking a Project Manager to fill a critical role of working with neighborhood partners to launch and manage MINTs. This role will be a part of the MINT team and report directly to the Senior Project Manager. This is a highly cross-functional role which will require analytic skills and the ability to lead management and coordination across neighborhood partners, key stakeholders, legal counsel, funders, and other Trust Neighborhoods team-members and leadership.

Specifically, an individual filling this role will:

• Lead the MINT launch process in new neighborhoods, including:
  • Early diligence and data collection on market and demographic trends
  • Build and manage relationships with the lead neighborhood partner and other key local stakeholders
  • Conduct financial modeling and underwriting in collaboration with the Managing Director of MINTs and the Senior Asset Manager
  • Support a capital raise strategy including creating funder materials
  • Support the resident engagement and governance design process in collaboration with the Trust Neighborhoods governance team
  • Coordinate legal counsel and partners through the legal incorporation and formation of the MINT
• Lead technical assistance relationship with existing MINT neighborhoods including:
  • Support MINT portfolio growth with coordination of acquisitions analysis, redevelopment analysis, and capital raising
  • Collaborate with the Trust Neighborhoods Senior Asset Manager to track and evaluate the performance of existing MINTs and their operating partners such as property managers, brokers, development consultants, and service providers
  • Collaborate with the Trust Neighborhoods operations team to support MINT governance maintenance and member support
  • Regular travel to MINT neighborhoods to strengthen and grow relationships with neighborhood partners, stakeholders, and funders
• Develop internal approval documentation, fundraising materials, and other project-critical work products
• Maintain effective communication with internal team and external stakeholders, seeking input, troubleshooting issues, and elevating priorities
• Work as part of an entrepreneurial and growing team, helping create new processes, influence the growth of Trust Neighborhoods, and continue the design and iteration of the MINT model

Required experience and qualifications:

• 4+ years professional experience with community development, real estate, or affordable housing
• 3+ years of financial modeling experience and/or underwriting experience
• 3+ years managing complex projects from start to finish, including experience managing timelines, budgets, scopes of work, and relationships with third parties
• Extensive presentation skills, including the creation of slide decks and other marketing materials, as well as experience participating in and leading internal and external meetings
• Strong attention to detail and process
• Comfort with active relationship management
• Strong ability to multitask
• Passion for community development and/or impact investing

Preferred experience and qualifications:

• Experience working with and analyzing demographic and neighborhood data
• Experience working directly within communities/neighborhoods
• Experience working in new markets and building relationships remotely
• Proficiency in a second language, Spanish or other community representative languages

Salary & logistics:

• Full-time role beginning in Q1 2025
• Remote position, willing to travel for team retreats (twice a year) and neighborhood visits (approximately once per quarter)
• Salary based on experience ($90,000-115,000 per year)
• Competitive comprehensive benefits package including health, dental, and vision insurance; professional development stipend; flexible benefit stipend; and unlimited vacation policy

Our values:

Trust Neighborhoods

When in doubt, trust the neighborhood. We are a service to the passion, creativity, and potential of residents, to neighborhoods being their best selves. We must be worthy of trust, through the quality of our work and actions.

Get Proximate

We believe staying close to the issues we are trying to address and the people we want to support provides energy and insight.

Embrace learning for ourselves and others

Learning makes us better. From our failures. From our feedback. From a diversity of perspectives. From our curiosity.

Be intentional about process

Good process creates good. We evaluate ourselves based on the quality and equity of our processes, not just our outcomes.

Cultivate our playground

We take our work seriously, but not ourselves. We foster lightness and belonging alongside intense ambition. This breeds our creative and open culture, which produces good ideas.

Application process:

Please submit applications by Monday, January 12th. Applications will be reviewed on a rolling basis.

Competitive comprehensive benefits package including health, dental, and vision insurance; professional development stipend; flexible benefit stipend; and unlimited vacation policy

Proficiency in a second language, Spanish or other community representative languages