City Of New York

Senior Project Manager

City Of New York$90K — $130K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a relevant field.
  • Two years of experience in community work or related activities, or equivalent.
  • Strong interpersonal, communication, and analytical skills.
  • Background in real estate finance and program implementation.
  • Advanced Excel and presentation software skills.

Responsibilities

  • Manage development project activities for supportive housing and shelter projects.
  • Serve as primary contact for project sponsors and consultants.
  • Negotiate deal structures and funding commitments.
  • Review project proformas and underwrite loans as needed.
  • Coordinate environmental review and ULURP submissions.
  • Prepare loan closing documentation with legal department.
  • Track construction status and resolve disputes.

Benefits

  • Opportunities for professional development and training.
  • Collaboration with a diverse team of city officials and community partners.
  • Direct impact on affordable housing initiatives in the community.
Full Job Description
Job Description

Your Team:

The Office of Development (OOD) leads the agency's effort to create and preserve affordable housing in collaboration with other HPD offices as well as other city, state and federal agencies. The OOD is comprised of seven divisions that administer a range of programs. These divisions include New Construction Finance, Special Needs Housing, Building and Land Development Services (BLDS), Homeownership Opportunities and Preservation, Preservation Finance, Compliance and Enforcement and Housing Incentives.

The Division of Special Needs Housing (DSNH), within the Office of Development, administers three loan programs/initiatives: the Supportive Housing Loan Program (SHLP), the Senior Affordable Rental Apartments (SARA) program, and Homeless Housing Strategic Initiatives (HHSI).

Your Impact:

As a Senior Project Manager for DSNH, you will work on all three loan programs/initiatives:
- HPD's Supportive Housing Loan Program (SHLP) makes loans to non-profit and for-profit developers of permanent supportive housing with on-site social services. Projects developed with SHLP funding must provide60% of units for homeless, disabled individuals or homeless families with a disabled head-of-household. The remaining 40% can be rented to households from the community earning up to 60% of the Area Median Income.
- The Senior Affordable Rental Apartments (SARA) Program provides gap financing in the form of low interest loans to support the construction and renovation of affordable housing for seniors, 62+ years in age, with low incomes.
- Homeless Housing Strategic Initiatives partners with DHS and other City Agencies on various homeless housing development initiatives including clusters conversion initiative, development of
co-located permanent affordable housing with DHS shelters, and other develop opportunities.

Your Role:

In your role as Senior Project Manager, you will oversee housing and housing with shelter development activities from the earliest stages of predevelopment through construction completion
and rent-up, and will work closely with the Director of Development, program Deputy Directors, other project managers and HPD staff. Development activities on projects that include a shelter
element will also include permanent housing within the project scope.

Your Responsibilities:

Your duties will involve managing development project activities for multiple supportive housing, senior housing and shelter projects, including:
- Serving as the primary point of contact for project sponsors, consultants, government agencies and other departments internal to HPD;
- Negotiating deal structure, funding commitments and other project requirements on behalf of HPD;
- Reviewing project proformas and performing other loan underwriting activities as needed;
- Assisting sponsors in preparing applications for additional capital and operating funds including tax credits, rental assistance and service funding;
- Working with architects, sponsors and HPD design review staff to ensure high-quality, sustainable cost-efficient design;
- 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;
- Working with HPD's legal department to collect and prepare loan closing documentation;
- Coordinating construction loan and syndication closings;
- Tracking construction status of projects post-closing and assisting in resolution of construction disputes;
- Coordinating processing of construction requisitions and change orders;
- Onboarding and training other project managers and other Division staff;
- Developing Division resource materials and process improvements;
- Reporting on status of projects in predevelopment, construction, and operation.

In addition to the tasks described above, the individual hired will be expected to take on additional tasks as time allows which may include tracking workflow across the Division,
participating in the development of RFPs, assisting the team directors and others with time-sensitive research and report production and additional administrative activities as required.

Preferred Skills
- Excellent verbal and written communication and strong interpersonal skills, strong analytical, organizational, and quantitative skills.
- Background in or knowledge of real estate finance, pro forma/spreadsheet analysis, and/or program implementation experience.
- Experience working for or with government agencies and government programs related to affordable housing development.
- Advanced experience utilizing and developing complex Excel spreadsheets and presentation software.
- Demonstrated ability to meet deadlines and manage multiple projects in a timely manner and to be a team player.

Additional Information:
This position is open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate in your resume that you would like to be considered for the position under the 55-a
Program.

Authorization to work in the United States is required for this position. The NYC Department of Housing Preservation and Development does not provide sponsorship for international employees for
visa applications, extensions, or status changes, including H-1B visas. Applicants are responsible for ensuring that they meet all qualifying requirements for this position at the time of application.

COMMUNITY COORDINATOR - 56058

Qualifications

1. A baccalaureate degree from an accredited college and two years of experience in community work or community centered activities in an area related to the duties described above; or
2. High school graduation or equivalent and six years of experience in community work or community centered activities in an area related to the duties as described above; or
3. Education and/or experience which is equivalent to "1" or "2" above. However, all candidates must have at least one year of experience as described in "1" above.

Additional Information

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