Senior Project Manager, Affordable Housing Development

NYC Department of Housing Preservation & Development; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

NYC Department of Housing Preservation and Development is seeking a Senior Project Manager to oversee a portfolio of development projects from predevelopment through construction, completion, conversion and workouts. You will manage complex financing using tax-exempt bonds, LIHTC, city-subsidized loans, and private financing for mixed-use developments.

You will work with HPD divisions and external partners to underwrite loans, close deals, and guide projects through RFPs/RFQs, environmental

Qualifications

• A baccalaureate degree and two years of full-time, satisfactory professional experience in planning, analysis, coordination and/or development of housing projects or programs.
• Graduate study may be substituted for up to one year of the required experience (30 credits per year).
• All candidates must have at least a baccalaureate degree and one year of the experience described in "1" above.

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 Requests for Proposals (RFPs) and/or Requests for Qualifications (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

Verbal and written communication

Interpersonal skills

Analytical skills

Organizational skills

Quantitative skills

Excel

Project management

Real estate finance

Program implementation

Education

Bachelor’s degree

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

Job description

NYC Department of Housing Preservation and Development is seeking a Senior Project Manager to oversee a portfolio of development projects from predevelopment through construction, completion, conversion and workouts. You will manage complex financing using tax-exempt bonds, LIHTC, city-subsidized loans, and private financing for mixed-use developments.

You will work with HPD divisions and external partners to underwrite loans, close deals, and guide projects through RFPs/RFQs, environmental