Senior Project Manager, Multifamily Cooperative Preservation Team for the Division of Preservation Finance

City of New York • New York City, NY

3d

About The Position

The Department of Housing Preservation and Development (HPD) is the nation's largest municipal housing agency, responsible for overseeing housing standards, building and preserving affordable housing, protecting tenants, and holding landlords accountable across New York City. The Office of Development (OOD) leads HPD's efforts in housing creation and preservation, comprising eight divisions. The Division of Preservation Finance administers programs using low-cost loans and property tax benefits to improve financial and physical conditions and preserve affordability in privately-owned multi-family and single-family buildings. This Senior Project Manager role is within the Multifamily Cooperative Preservation Team, which develops strategies for affordable housing preservation and executes financial transactions to maintain the integrity of existing affordable housing developments. The team provides rehabilitation loans to multifamily affordable housing developments that need financing for major building system replacements to ensure safe and affordable living conditions for low- and moderate-income households.

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.
• Strong financial analysis skills, including financial modeling and financial statement analysis.
• Detail-oriented.
• Self-motivated.
• Able to independently manage multiple projects.
• Make policy recommendations.
• Exceptional analytical, problem-solving and negotiating skills.
• Experience in meeting competing deadlines.
• Strong verbal and written communication skills.
• At least 1 year of underwriting experience.
• Capacity to simultaneously work on multiple tasks and set priorities for a challenging workload.
• Strong interpersonal and communication skills.
• Excellent writing and editing skills.

Nice To Haves

• Interest in community development, urban planning, affordable housing or real estate finance.
• Knowledge of New York City affordable housing and private lending programs.
• Interest and/or experience working with small building owners and/or low-capacity borrowers.
• Advanced computer skills including competency in full Microsoft Office suite, especially Excel.
• 2-3 years of applicable experience working in a fast-paced and often-changing environment.

Responsibilities

• Manage intake, assessment, and underwriting of complex capitally funded projects, including resolving complex workouts and challenges.
• Ensure timely completion of transactions.
• Prepare statistical and tracking reports.
• Assist in onboarding and training other project managers and other Division staff, including providing direct mentorship on projects.
• Develop Division resource materials, process improvements, analyze policy recommendations, and facilitate the implementation of new policies.
• Communicate with interagency partners and external parties to facilitate program goals and policies when directed by Deputy Directors or Director.
• Work on other special projects as needed.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior