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City of New York · 2 days ago

Deputy Director, Moderate Rehabilitation and Stabilization Loan Programs for the Division of Preservation Finance

New York City, NY

Full-time

Onsite

Director/Executive

$88K/yr - $101K/yr

The City of New York's Department of Housing Preservation & Development (HPD) is focused on promoting quality and affordability in housing. The Deputy Director for Moderate Rehabilitation and Stabilization Loan Programs will assist in managing and administering various financing programs aimed at preserving affordable housing in New York City.

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Responsibilities

Assist the Director with the development and implementation of plans, strategies and tools for effective program management

Work with the Director to supervise and provide technical and procedural assistance to project management staff

In conjunction with the Director, establish appropriate productivity measures for staff and work effectively with staff to achieve them

Assist in the establishment of effective systems for monitoring and tracking project manager’s work

Assist in the preparation of budget and program proposals and in managing a budget of approximately $80 million in city capital and other funding sources

Review project management staff’s work and ensure adherence to program terms, including underwriting analyses, credit memos, and tax exemption and loan approval packages

In conjunction with the Director, assist project managers in project negotiations with developers and financial institutions

Assist project management staff in their general project management duties as needed, including project development, negotiations and due diligence requirements on construction loan closings, troubleshooting projects in construction, facilitating project completion and preparing recommendations for work-outs prior to permanent loan conversion

Represent the Director and the agency in external (i.e. community meetings, conferences, and inter-agency working groups) and internal meetings (i.e. intra-agency working groups and development team meetings) as necessary

Prepare reports, memoranda and written correspondence regarding program’s performance and issues

Expedite and follow up on programs’ projects with other city agencies, before, during and after construction, as required

Coordinate special projects, conduct policy analyses, initiate research and make recommendations that relate to the management and operations, as well as policy objectives, of the programs and other issues as requested by the Director and the Assistant Commissioner for the Division of Preservation Finance

Qualification

Financial analysisFinancial modelingUnderwriting experienceNYC affordable housingExcel proficiencyWord proficiencyNegotiating skillsProject managementManage multiple projectsCommunication skillsDetail-orientedSelf-motivatedProblem-solving skills