Deputy Director for the Division of Preservation Finance

Job description

About the Agency: 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 (OOD) leads the agency’s effort to create and preserve housing in collaboration with other HPD offices as well as other city, state and federal agencies. The Office of Development is composed of eight divisions that administer a range of programs: - New Construction Finance - Special Needs Housing - Building and Land Development Services (BLDS) - Homeownership Opportunities and Preservation - Preservation Finance - Portfolio Management and Conversions - Housing Incentives - Compliance and Enforcement The Division of Preservation Finance administers multiple financing programs to improve financial and physical conditions and preserve or create affordability within privately-owned multi-family and single-family buildings. The division oversees programs utilizing low-cost loans and property tax benefits among other public incentives including the Multifamily Housing Rehabilitation Loan Program (HRP), the Participation Loan Program (PLP), the Third Party Transfer Program (TPT), Multi-Family Preservation Loan Program (MPLP), Neighborhood Pillars Program (Pillars) the Housing Preservation Opportunities Program (HPO), The Capital Partnership for Affordable Renovations Program (CPAR), the Lead Hazard Reduction and Healthy Homes Program (PPP), HUD Multifamily Program (HUD MF), and the LIHTC Portfolio Preservation (Year 15) Program. Your Impact: The Division of Preservation Finance seeks a Deputy Director to assist with the implementation of the Division’s new intake process for new applications for assistance from the loan and tax exemption programs housed in the Division of Preservation Finance. The goal of the intake process is to streamline and standardize applications to benefit our external stakeholders. The intake role will ensure applicants have a clear understanding of the various loan and tax exemption programs and can successfully navigate the application process. This position represents an exciting opportunity to do meaningful process implementation and coordination work with our clients and internal team. Under the direction of the Preservation Finance Director of Operations, the Deputy Director will work to develop and oversee the administration of the intake process including meeting with applicants to introduce them to the City’s preservation programs, provide process refinement and implementation, tracking and reporting on capitally funded project intake information, outreach & communication, and program evaluation. The Deputy will act as an internal navigator and will be the main point of contact with external partners, including property owners, developers and HPD selected external vendors providing loan packaging work. The Deputy will conduct reviews of submitted applications for capitally funded program areas and direct owners to the correct program area for assistance. The role involves substantive liaising and coordination with parties internal to HPD, including senior leadership and intake staff in the Preservation Finance Loan Program areas to move projects forward. Your Responsibilities: Primary responsibilities of the Deputy Director will include, but not be limited to: - Conduct initial meetings with sponsors to discuss program requirements - Assist in outreach to owner/sponsor to complete application; answer questions - Assist program teams with secondary review of submitted application materials - Lead implementation of the intake process within the Division of Preservation Finance - Conduct initial review of submitted application materials for capitally funded projects, determine capacity and route clearly eligible and ineligible projects - Coordinate with teams to determine appropriate program assignments; liaise with external and internal stakeholders to move projects forward - Ensure coordination across teams and assist teams in implementing intake process protocol - Coordinate tracking for capitally funded projects, assignments and prioritization; compile and disseminate reporting Preferred skills Candidates must have strong financial analysis skills including financial modeling and financial statement analysis, be meticulous, organized, detailed-oriented, and self-motivated, be able to manage multiple projects and meet competing deadlines. You must also demonstrate strong verbal and written communication skills. Preference will be given to candidates with a strong financial background (including underwriting experience), knowledge of affordable housing development/lending and knowledge of HPD development programs and specifically, demonstrated analytical skills, and ability to work effectively with others to obtain results promptly. You should possess strong facility with Excel and Word. Candidates with master's in urban planning, Real Estate Finance, Business/Public Administration or related fields are strongly preferred. 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. Please note, finalist for this position must have filed for the Open Competitive Associate Housing Development Specialist exam #4122 or promotional exam #4570. In addition, the position is open to applicants who are already permanent in the Associate Housing Development Specialist title, or permanent in another comparable civil service title. Candidates must indicate permanent civil service title on resume. ASSOCIATE HOUSING DEVELOPMENT - 22508 1.A baccalaureate degree from an accredited college or university and three years of full-time satisfactory professional experience in the development, appraisal, financing, negotiation, or disposition of real estate, or in real estate law, or in urban planning or analytical or coordination work related to housing programs; or 2. A four year high school diploma or its educational equivalent approved by a State's Department of Education or a recognized accrediting organization and seven years of full-time satisfactory experience as described in "1" above; or 3.A satisfactory combination of education and/or experience which is equivalent to "1" or "2" above. Graduate study in the field of urban studies, city planning, business or public administration, finance, architecture, engineering or other related fields may be substituted for up to one year of the required experience on the basis of 30 credits equaling one year of experience. Graduation from an accredited law school may be substituted for one year of the required experience. However, all candidates must have at least two years of experience as described above. The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.