New York City Housing Development Corporation
Director, Preservation Programs
New York City Housing Development Corporation, New York, New York, us, 10261
The New York City Housing Development Corporation (HDC) is a public benefit corporation and the nation’s largest municipal Housing Finance Agency. HDC’s programs support the construction and preservation of multi-family affordable housing in New York City.
Area of Talent:
Asset Management/Preservation Programs
Position Type:
Full Time/Exempt
Salary Range:
$100,000 – $115,000 annually
Office Location:
NYC/Financial District
Position Summary:
The Director of Preservation Programs reports to the Vice President, Preservation Programs, and oversees a portfolio of construction loans and Mitchell-Lama properties including both mortgage requirements and NYC rules for Mitchell Lamas, budget, and financial aspects of construction lending, and maintaining, analyzing, and reporting on property data.
Job Responsibilities:
Lead a team of Asset Managers responsible for monitoring the Mitchell Lama portfolio and managing construction loan budgets and advances.
Build strong working relationships with other teams within HDC and HPD to enhance compliance efforts and education.
Supervise the Fannie Mae review, approval, and distribution of reports according to the programmatic and regulatory requirements.
Oversee fund requests and authorizations of capital projects from reserve accounts and loan proceeds.
Maintain property data and prepare reports and status accounts to analyze potential risks and concerns within the portfolio.
Establish and maintain relationships with project owners, managing agents, and various governmental agencies.
Manage inquiries from residents, attorneys, elected officials, owners, or managing agents and provide timely and detailed responses substantiated by HDC regulatory and programmatic guidelines.
Present/represent HDC at on-site board and tenant meetings as needed.
Develop training materials and tools to support the staff.
Head detailed internal staff meetings that provide programmatic information and guidance.
Review credit memos and supporting schedules prior to Credit Committee submission.
Streamline existing and create new processes and systems to maximize the Department’s productivity and oversight capabilities.
Participate in interdepartmental projects.
Required Qualifications:
A bachelor’s degree from an accredited college plus 3-5 years minimum of relevant experience with federal, state, or local housing programs.
Knowledge of NYC Mitchell Lamas and HUD Section 8 project compliance a plus.
Thorough understanding of loan administration, construction lending, and funding procedures.
3 – 5 years prior supervisory experience managing team projects and time-sensitive deadlines.
Superior organizational, analytic, and problem-solving skills with excellent attention to detail.
Strong interpersonal, verbal, and written communication skills.
Ability to build relationships with staff executives and external partners.
Proficiency in Microsoft Office.
It is strongly preferred that you submit a cover letter with your resume. You may also fax your resume and cover letter to (212) 227-6816.
HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits, including:
Health Benefits at a reasonable cost
Dental and Vision Benefits at no cost
Retirement savings plan with a generous match and a pension plan
Paid holiday, vacation, sick time, and parental leave
Professional development opportunities
Public Service Loan Forgiveness for eligible employees
Wellness reimbursement
Back-up Caregiver Benefit
HDC 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.
HDC is committed to the full inclusion of all qualified individuals. As part of this commitment, HDC will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please complete the reasonable accommodations section on the application or contact Human Resources by emailing jobs@NYCHDC.com.
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Area of Talent:
Asset Management/Preservation Programs
Position Type:
Full Time/Exempt
Salary Range:
$100,000 – $115,000 annually
Office Location:
NYC/Financial District
Position Summary:
The Director of Preservation Programs reports to the Vice President, Preservation Programs, and oversees a portfolio of construction loans and Mitchell-Lama properties including both mortgage requirements and NYC rules for Mitchell Lamas, budget, and financial aspects of construction lending, and maintaining, analyzing, and reporting on property data.
Job Responsibilities:
Lead a team of Asset Managers responsible for monitoring the Mitchell Lama portfolio and managing construction loan budgets and advances.
Build strong working relationships with other teams within HDC and HPD to enhance compliance efforts and education.
Supervise the Fannie Mae review, approval, and distribution of reports according to the programmatic and regulatory requirements.
Oversee fund requests and authorizations of capital projects from reserve accounts and loan proceeds.
Maintain property data and prepare reports and status accounts to analyze potential risks and concerns within the portfolio.
Establish and maintain relationships with project owners, managing agents, and various governmental agencies.
Manage inquiries from residents, attorneys, elected officials, owners, or managing agents and provide timely and detailed responses substantiated by HDC regulatory and programmatic guidelines.
Present/represent HDC at on-site board and tenant meetings as needed.
Develop training materials and tools to support the staff.
Head detailed internal staff meetings that provide programmatic information and guidance.
Review credit memos and supporting schedules prior to Credit Committee submission.
Streamline existing and create new processes and systems to maximize the Department’s productivity and oversight capabilities.
Participate in interdepartmental projects.
Required Qualifications:
A bachelor’s degree from an accredited college plus 3-5 years minimum of relevant experience with federal, state, or local housing programs.
Knowledge of NYC Mitchell Lamas and HUD Section 8 project compliance a plus.
Thorough understanding of loan administration, construction lending, and funding procedures.
3 – 5 years prior supervisory experience managing team projects and time-sensitive deadlines.
Superior organizational, analytic, and problem-solving skills with excellent attention to detail.
Strong interpersonal, verbal, and written communication skills.
Ability to build relationships with staff executives and external partners.
Proficiency in Microsoft Office.
It is strongly preferred that you submit a cover letter with your resume. You may also fax your resume and cover letter to (212) 227-6816.
HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits, including:
Health Benefits at a reasonable cost
Dental and Vision Benefits at no cost
Retirement savings plan with a generous match and a pension plan
Paid holiday, vacation, sick time, and parental leave
Professional development opportunities
Public Service Loan Forgiveness for eligible employees
Wellness reimbursement
Back-up Caregiver Benefit
HDC 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.
HDC is committed to the full inclusion of all qualified individuals. As part of this commitment, HDC will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please complete the reasonable accommodations section on the application or contact Human Resources by emailing jobs@NYCHDC.com.
#J-18808-Ljbffr