Senior Project Manager For The Division Of Special Needs Housing

About the Agency:

The New York City Department of Housing Preservation and Development (HPD) is the nation’s largest municipal housing preservation and development agency. Its mission is to promote quality housing and diverse, thriving neighborhoods for New Yorkers through loan and development programs for new affordable housing, preservation of the affordability of the existing housing stock, enforcement of housing quality standards, and educational programs for tenants and building owners.

Your Team:

The Division of Special Needs Housing (DSNH), within the Office of Development, administers three loan programs/initiatives: the Supportive Housing Loan Program (SHLP), the Senior Affordable Rental Apartments (SARA) program, and Homeless Housing Strategic Initiatives (HHSI).

Your Impact:

As a Senior Project Manager for DSNH, you will work on all three loan programs/initiatives:

• HPD’s Supportive Housing Loan Program (SHLP) makes loans to non-profit and for-profit developers of permanent supportive housing with on-site social services. Projects developed with SHLP funding must provide 60% of units for homeless, disabled individuals or homeless families with a disabled head-of-household. The remaining 40% can be rented to households from the community earning up to 60% of the Area Median Income.
• The Senior Affordable Rental Apartments (SARA) Program provides gap financing in the form of low interest loans to support the construction and renovation of affordable housing for seniors, 62+ years in age, with low incomes.
• Homeless Housing Strategic Initiatives partners with DHS and other City Agencies on various homeless housing development initiatives including clusters conversion initiative, development of co-located permanent affordable housing with DHS shelters, and other develop opportunities.
  

Your Role:

In your role as Senior Project Manager, you will oversee housing and housing with shelter development activities from the earliest stages of predevelopment through construction completion and rent-up, and will work closely with the Director of Development, program Deputy Directors, other project managers and HPD staff. Development activities on projects that include a shelter element will also include permanent housing within the project scope.

Your Responsibilities:

Your duties will involve managing development project activities for multiple supportive housing, senior housing and shelter projects, including:

• Serving as the primary point of contact for project sponsors, consultants, government agencies and other departments internal to HPD;
• Negotiating deal structure, funding commitments and other project requirements on behalf of HPD;
• Reviewing project proformas and performing other loan underwriting activities as needed;
• Assisting sponsors in preparing applications for additional capital and operating funds including tax credits, rental assistance and service funding;
• Working with architects, sponsors and HPD design review staff to ensure high-quality, sustainable cost-efficient design;
• Reviewing and coordinating submissions of required CEQR, NEPA and other environmental review reports;
• Coordinating submissions of ULURP applications for UDAAP and disposition of City-owned property;
• Working with HPD’s legal department to collect and prepare loan closing documentation;
• Coordinating construction loan and syndication closings;
• Tracking construction status of projects post-closing and assisting in resolution of construction disputes;
• Coordinating processing of construction requisitions and change orders;
• Onboarding and training other project managers and other Division staff;
• Developing Division resource materials and process improvements;
• Reporting on status of projects in predevelopment, construction, and operation.

In addition to the tasks described above, the individual hired will be expected to take on additional tasks as time allows which may include tracking workflow across the Division, participating in the development of RFPs, assisting the team directors and others with time-sensitive research and report production and additional administrative activities as required. Minimum Qual Requirements 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. Preferred Skills

• Excellent verbal and written communication and strong interpersonal skills, strong analytical, organizational, and quantitative skills.
• Background in or knowledge of real estate finance, pro forma/spreadsheet analysis, and/or program implementation experience.
• Experience working for or with government agencies and government programs related to affordable housing development.
• Advanced experience utilizing and developing complex Excel spreadsheets and presentation software.
• Demonstrated ability to meet deadlines and manage multiple projects in a timely manner and to be a team player.

Additional Information As a current or prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. Please review the notice to see if you may be eligible for programs and how to apply at nyc.gov/studentloans. To Apply Apply online. 55-a Program This position is also open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate at the top of your resume and cover letter that you would like to be considered for the position through the 55-a Program. Work Location 100 Gold Street Residency Requirement New York City residency is generally required within 90 days of appointment. However, City Employees in certain titles who have worked for the City for 2 continuous years may also be eligible to reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. To determine if the residency requirement applies to you, please discuss with the agency representative at the time of interview.