Assistant Counsel

New York State Homes & Community Renewal; City of Albany (NY); On-site; USD 110,000 - 180,000; Full time

Benefits offered by this job

Health insurance

Retirement system participation

Promotional opportunities

Work-life balance (37.5-hour week)

Paid parental leave

Paid family leave

Public Service Loan Forgiveness (PSLF)

Job summary

New York State Homes and Community Renewal (HCR) seeks a real estate transactional attorney for the Housing Trust Fund Corporation (HTFC) in Albany. You will represent the Agency in complex lending and mortgage financing for multi-family affordable housing and gain exposure to state and federal housing programs and related regulations.

The role requires a law degree, NYS Bar admission, and post-bar experience, with strong written and oral communication, analytical and organizational skills.

Qualifications

• A law degree from an accredited law school; admission to, and member in good standing of, the New York State Bar; and two years of relevant post-bar experience.
• Ability to establish effective working relationships
• Excellent oral and written communication skills
• Strong analytical and organizational skills

Responsibilities

• Work as a real estate transactional attorney within the fast-paced DHCR/HTFC real property unit representing the Agency in complex construction and permanent lending and mortgage financing of multi-family affordable housing.
• Gain knowledge of state and federal housing programs; familiarity with statutes and regulations affecting the programs.
• Apply Private Housing Finance and other applicable laws and rules when negotiating and drafting agreements and legal documents.
• Manage projects including State and Federal Low Income Tax Credits (SLIHC/LICH) funding requiring regulatory agreements, bindings and carry over reviews, SLIHC bifurcation and transfer transactions.
• Handle other transactions such as refinances, workouts and other portfolio needs as assigned.
• Assist with additional programs and projects as the unit evolves.

Skills

Relationship building

Communication skills

Analytical skills

Education

Law degree

NY State Bar Admission

Job description

New York State Homes and Community Renewal (HCR) is the State’s affordable housing agency, with a mission to build, preserve, and protect affordable housing and increase homeownership throughout New York State.

This position is with HCR's Housing Trust Fund Corporation (HTFC).This is not a civil service position and does not require a civil service exam. Candidates must meet the minimum qualifications outlined below to be considered.

NYS Homes and Community Renewal (HCR) is committed to fostering a culture of diversity, equity, inclusion, and accessibility. Our work would not be possible without the diverse backgrounds, experiences, ideas, and abilities of our employees. HCR is committed to developing a workforce that represents the diverse population of New York State. HCR embraces a diverse and inclusive work environment by encouraging all individuals, including those with disabilities, to apply to open positions at the agency.

The Office of Legal Affairs is the legal unit of the Division of Housing and Community Renewal and is headed by a General Counsel. The unit provides legal advice, counsel and representation to all the Agencies' offices and program areas and ensures compliance with federal and state legal mandates. The primary functions are organized within four major subject matter areas or units, General Law, Litigation,

Hearings, and Transactions

DUTIES AND RESPONSIBILITIES:

• Candidate will work as a real estate transactional attorney within the fast-paced DHCR/HTFC real property unit representing the Agency in complex construction and permanent lending and mortgage financing of multi-family affordable housing.
• Candidate will gain knowledge of many of the state and federal housing programs, familiarity with statutes and regulations affecting the programs.
• Candidate shall need to be capable of applying Private Housing Finance and other applicable laws and rules when negotiating and drafting agreements and legal documents.
• Candidate will be assigned projects including State and Federal Low Income Tax Credits (SLIHC/LICH) funding which will require regulatory agreements, bindings and carry over reviews, SLIHC bifurcation and transfer transactions.
• Candidates may be assigned other types of transactions such as refinances, workouts and other portfolio needs.
• Candidate may be assigned addition programs and projects as the needs of the unit evolve.

QUALIFICATIONS:

• A law degree from an accredited law school; admission to, and member in good standing of, the New York State Bar; and two years of relevant post-bar experience.
• Ability to establish effective working relationships
• Excellent oral and written communication skills.
• Strong analytical and organizational skills.

This job description is not intended to be all inclusive and the employee will be expected to perform other reasonably related duties as assigned.

WHAT WE OFFER AT NYS HCR:

• Extensive benefits package including participation in New York State’s Health Insurance Program and New York State & Local Employees’ Retirement System.
• Promotional opportunities for dedicated professionals.
• Work-life balance benefits including a 37.5-hour work week, opportunity for compressed scheduling, and paid time off benefits (vacation, sick, personal days, and federal holidays).
• 12 weeks of Paid Parental Leave.
• Paid Family Leave.
• As a New York State employee, you may qualify to participate in the Federal Public Service Loan Forgiveness Program (PSLF). The PSLF Program forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under an accepted repayment plan and while working full-time for an eligible employer.

ABOUT NEW YORK STATE HOMES AND COMMUNITY RENEWAL:

Under the leadership of Governor Kathy Hochul and Commissioner RuthAnne Visnauskas, HCR is a vibrant, innovative agency that integrates and leverages New York State’s housing resources. We have offices in New York City, Albany, Buffalo, and Syracuse, and employ a diverse workforce of professionals who are hard-working and committed to serving low- and moderate-income families. Our mission is far-reaching, encompassing single and multifamily housing finance, home improvement, rent regulation, housing subsidies, and community development. We partner regularly with a variety of public and private stakeholders.

Achieving this mission requires a wide range of skills and backgrounds in public policy, administration, real estate, construction, finance, law, and many other areas of expertise. We seek to provide a workplace environment that is productive, flexible, accountable, ethical, and caring. Our employees are empowered to make a difference where they live and work. We offer competitive pay and a comprehensive benefits package, including paid leave, health, dental, vision, retirement, and family-friendly policies.

New York State is an Equal Opportunity Employer (EOE)