Senior PM, New Construction Finance — Affordable Housing

City of New York; New York (NY); On-site; USD 80,000 - 90,000; Full time

Job summary

City of New York’s HPD invites applications for a Senior Project Manager in the Division of New Construction Finance. This role oversees a portfolio from predevelopment through construction, coordinating with multiple HPD divisions to underwrite loans and manage projects through closing, construction, and conversion.

You will manage complex housing finance programs (NCP, ELLA, M2, Mix-and-Match) and liaise with developers, banks, and government partners to advance affordable housing goals.

Qualifications

• A bachelor’s degree from an accredited college or university and two years of full‑time, satisfactory professional experience in planning, analysis, coordination and/or development of housing projects or programs.
• Graduate study from an accredited college or university in urban studies, city planning, real estate development, public administration, public policy, finance, community organization, architecture, or urban design may substitute for up to one year of the required experience.
• However, all candidates must have at least a bachelor’s degree and one year of the experience described in the first bullet.

Responsibilities

• Reviewing and analyzing project proposals and budgets.
• Performing financial analysis and underwriting.
• Managing, monitoring, and tracking all aspects of projects from predevelopment through commitment, loan closing, and construction.
• Defining and negotiating business terms to advance HPD's goals and policy objectives.
• Serving as a liaison to external partners, including for-profit and non-profit developers, banks, tax credit syndicators and investors, general contractors, and other government agencies.
• 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.
• Supporting the issuance of RFPs and/or RFQs by performing financial modeling of anticipated affordability scenarios.
• Performing financial feasibility review of RFP responses and make recommendations to senior staff.
• Preparing, maintaining, and circulating written correspondences, documents, reports, and files regarding all assigned projects.
• Monitoring progress and performing troubleshooting duties for projects in construction.
• Providing analysis and other services for projects pending conversion to permanent financing.
• Assisting with rent-up or other asset management issues.

Skills

Communication

Interpersonal skills

Analytical skills

Organizational skills

Quantitative skills

Team collaboration

Education

Bachelor's degree

Graduate study in urban studies / city planning / real estate development / public policy

Tools

Excel

Job description

City of New York’s HPD invites applications for a Senior Project Manager in the Division of New Construction Finance. This role oversees a portfolio from predevelopment through construction, coordinating with multiple HPD divisions to underwrite loans and manage projects through closing, construction, and conversion.

You will manage complex housing finance programs (NCP, ELLA, M2, Mix-and-Match) and liaise with developers, banks, and government partners to advance affordable housing goals.