About The Position

The New York City Department of Housing Preservation & Development (HPD) promotes quality and affordability in the city's housing, and diversity and strength in the city’s neighborhoods because every New Yorker deserves a safe, affordable place to live in a neighborhood they love. - We maintain building and resident safety and health - We create opportunities for New Yorkers through housing affordability - We engage New Yorkers to build and sustain neighborhood strength and diversity. Your Team: The Office of Development leads the agency's effort in the production of affordable housing. This is achieved in close collaboration with HPD colleagues, other City and state agencies, and the New York City Housing Development Corporation (HDC). The Division of Homeownership Opportunities and Preservation (HOP) creates and preserves affordable homes to facilitate generational wealth-building, maintain housing quality, and address the legacy of discrimination, segregation, and concentrated poverty. We do so by providing financial assistance to low- and middle-income homeowners, limited equity cooperatives, and community land trusts. Programs within the Division include: - HomeFix and Project Help programs provide access to affordable low- or no-interest and potentially forgivable loans and grants for home repairs as well as resiliency or energy efficiency improvements to eligible owners of one- to four-family homes in New York City in partnership with nonprofit organizations - The Plus One Accessory Dwelling Unit (ADU) program that finances ADU conversions in small homes and newly authorized basement legalizations under local law - Small Homes Rehab, which works with non-profit developers to rehab existing public sites and privately owned 1-4 family homes to create affordable homeownership opportunities for low-income New Yorkers. - The HomeFirst down payment assistance program, which provides resources to first-time low- and moderate-income homebuyers - The Affordable Neighborhood Cooperative Program (ANCP), which selects qualified developers to rehabilitate distressed city-owned occupied multi-family properties, managed by the Tenant Interim Lease Program, to create affordable cooperatives for low- and moderate-income households - The Open Door Program, which funds construction of cooperative and fee simple buildings to low, moderate- and middle-income families - and special initiatives, including the Community Land Trust initiative, designed to ensure community stewardship of land and long-term housing affordability, the Zombie Homes initiative intending to develop an acquisition strategy for vacant and abandoned homes and reposition them as affordable homeownership opportunities. Your Impact: The Division of Homeownership Opportunities and Preservation seeks a Project Manager for Small Homes Repair Programs working primarily on the HomeFix and Project Help programs. The Project Manager reports to the Director of Small Homes Repair Programs. The Small Homes team works in a close partnership with various non-profit organizations to provide home repair loans to private owners of 1- to 4-family homes in New York City. The Project Manager may be expected to provide support across other programs. Our unit also oversees programs that support stabilization and acquisition strategies for distressed 1- to 4-family homes such as the Plus One Accessory Dwelling Unit (ADU), the Zombie Homes Initiative and the Community Restoration Fund (CRF). These programs are funded by city capital funds, City Council discretionary funds, private and other governmental sources.

Requirements

  • A baccalaureate degree from an accredited college and two years of experience in community work or community centered activities in an area related to the duties described above; or
  • High school graduation or equivalent and six years of experience in community work or community centered activities in an area related to the duties as described above; or
  • Education and/or experience which is equivalent to "1" or "2" above. However, all candidates must have at least one year of experience as described in "1" above.
  • Authorization to work in the United States is required for this position.
  • The NYC Department of Housing Preservation and Development does not provide sponsorship for international employees for visa applications, extensions, or status changes, including H-1B visas.
  • Applicants are responsible for ensuring that they meet all qualifying requirements for this position at the time of application.

Nice To Haves

  • Interest in community development, urban planning, affordable housing and real estate finance.
  • Knowledge of housing development/lending as well as HPD development programs.
  • Capacity to simultaneously work on multiple tasks and set priorities for a challenging workload.
  • Strong analytical skills, attention to detail and demonstrated ability to meet deadlines.
  • Strong interpersonal/communication skills and ability to work effectively with others to obtain results promptly.
  • Excellent writing and editing skills.
  • Strong facility with Excel and Word required; experience with financial analysis or underwriting strongly preferred.
  • Degree in Urban Planning, Public Administration, Real Estate Finance, Business Administration or related fields are strongly preferred.
  • At least 2 years of applicable experience working in a fast-paced and dynamic environment preferred.

Responsibilities

  • Determining feasibility of proposed projects and proposed loan terms, including performing financial analysis;
  • Managing the contracts with designated non-profit partners and reviewing all loan packages submitted by program partners for compliance with program and agency requirements;
  • Modeling, preparing, reviewing, interpreting, and making recommendations related to development budgets, pro formas, and affordability analyses;
  • Preparing project proposal materials and loan documents for senior staff review;
  • Reviewing legal documents;
  • Preparing and reviewing documents for requisitions, encumbrances, vouchering, and other fiscal processes;
  • Acting as a liaison to designated program partners, other HPD divisions, and governmental agencies to resolve problems and move projects forward;
  • Tracking, monitoring and troubleshooting projects through processing, pre-construction, and construction; Assisting with special projects and underwriting analysis, working across several units;
  • Attending agency and community meetings to represent the team, explain the programs, and specific project details;
  • Counseling designated non-profit partners and homeowner applicants in program policies, regulations, and assisting to resolve issues related to their projects.
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