About the Agency :
The New York City Department of Housing Preservation (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.
HPD is entrusted with fulfilling these objectives through the goals and strategies of Housing Our Neighbors : A Blueprint for Housing and Homelessness, Mayor Adams’ comprehensive housing framework.
To support this important work, the administration has committed $5 billion in new capital funding, bringing the 10-year planned investment in housing to $22 billion the largest in the city’s history.
This investment, coupled with a commitment to reduce administrative and regulatory barriers, is a multi-pronged strategy to tackle New York City’s complex housing crisis, by addressing homelessness and housing instability, promoting economic stability and mobility, increasing homeownership opportunities, improving health and safety, and increasing opportunities for equitable growth.
Your Team :
The Division of Portfolio Management & Conversions in the Office of Development manages development projects after closing with an initial loan to ensure compliance with program requirements through the conversion of the loan to permanent financing as part of the City’s ambitious Housing New York affordable housing plan.
The Conversions team plans, organizes and manages the conversion of construction loans to permanent loans for New Construction, Preservation, and other programs, and manages rent-restructuring implementation and rental achievement according to regulatory guidelines.
The work involves communicating with HPD’s development staff and project owners, and other stakeholders, regarding requirements and timing, reviewing due diligence documentation and confirming projects are meeting their financial and regulatory obligations.
The Division is also responsible for processing Section 8 applications in support of conversion projects, monitoring and reporting on the progress of construction, assisting with payment requisitions and guiding owners toward timely completions.
Your Impact :
The Construction Monitoring Unit is responsible for monitoring the construction of HPD funded affordable housing projects to track and report on construction progress, and to identify and troubleshoot significant construction issues that could affect the project or delay construction and recommend solutions.
The unit also works with the Requisitions unit to resolve delays and processing issues that could delay the processing of requisitions in a timely manner.
Your Role :
As a Director of Construction Management and Completions, you will be responsible for overseeing the Construction Management Unit.
The Construction Management Unit has primary responsibility to track and a portfolio of projects that are financed by loan programs in the Division of Preservation Finance during the construction phase.
The Director is the main point of contact for ensuring that construction management protocols are being followed for all projects post-closing, including but not limited to resolving construction-related issues as they arise.
The Director will supervise a team of two Construction Monitoring Project Management staff, who will oversee portfolios of affordable housing construction projects.
The Director also interacts and manages relationships with a variety of internal and external public and private development and construction partners, bank engineers, including general contractors, the NYC Department of Buildings and for and not-for-profit developers.
Your Responsibilities :
Your responsibilities will include, but not be limited to :
- Coordinate with the Division of Preservation Finance to establish and track annual completion targets, ensure that completion targets set as part of the Mayor’s Housing Blueprint are met
- Supervise Construction Monitoring Project Managers, assign projects and portfolios, check in on project progress and review work
- Communicate with owners, owner agents, lenders and others regarding construction related issues that may increase costs or have an adverse impact on construction projects including significant scope changes
- Working with the technical assistance team in BLDS, recommend solutions to owners, the Office of Development, and other stakeholders
- Ensure high level tracking of progress on construction projects monitored by different lenders and within HPD; develop strategies to ensure efficient tracking and communication across portfolios
- Track the progress and resolution of identified issues and act as a troubleshooter and facilitator in the coordination and implementation of solutions
- Ensure that correspondence and / or communicate with owners is in place regarding owner obligations to complete specific tasks associated with construction, marketing, conversions, or other related commitments
- Work with the Requisitions unit to resolve construction requisition payment issues and provide guidance to owners and owner agents regarding requisition issues, including the identification and troubleshooting of issues delaying the processing of requisitions in a timely manner
- Other construction related assignments as needed.
Preferred skills
Strong preference for candidates who possess :
- Candidates must have knowledge of residential construction lending requirements
- Problem-solving and portfolio management and strong attention to detail and accuracy
- Ability to exercise sound judgement
- Excellent interpersonal communication, organization, management, and quantitative skills
- Advanced computer skills including with the full Microsoft Office suite, especially Excel
- Experience supervising staff in a fast-paced environment
Please note : Only candidates permanent in the Associate Housing Development Specialist or comparable title will be considered.
Candidates who have taken and passed the exam are also encouraged to apply.
Minimum Qualifications
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.
55a 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.
Public Service Loan Forgiveness
As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs.
For more information, please visit the U.S. Department of Education’s website at class "jobad-residencyRequirement">
Residency RequirementNew 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.