Director of Special Projects & Workouts for the Division of Preservation and Portfolio Management

Responsibilities

• There will be significant contact with developers, tenants and affordable housing lenders and an opportunity to work directly and indirectly on multiple projects. This position will work across multiple teams and require broader coordination across multiple teams within HPD.
• Your Role

Benefits

Additional Information

About the Agency: The New York City Department of Housing Preservation & Development (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. Your Team: The Office of Development (OOD) leads the agency's effort to create and preserve affordable housing as a critical part of Housing Our Neighbors: A Blueprint for Housing and Homelessness 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, Portfolio Management and Conversions, Compliance and Enforcement and Housing Incentives. HPD's Division of Preservation and Portfolio Management oversees two divisions. The Division of Preservation Finance administers multiple financing programs including the Multifamily Housing Rehabilitation Loan Program (HRP),), Participation Loan Program (PLP), Housing Preservation Opportunities Program (HPO), Neighborhood Pillars Program, the Third Party Transfer Program (TPT), Multi-Family Preservation Loan Program (MPLP), Community Partnerships for Affordable Renovation Program (CPAR), the Lead Hazard Reduction and Healthy Homes Program, HUD Multifamily Program (HUD MF), and LIHTC Preservation ("Year 15") Program. The Division also oversees programs to provide technical assistance to multifamily owners. These programs facilitate the financial and physical viability, as well as affordability of privately-owned multi-family and single-family buildings throughout New York City. The Division of Portfolio Management & Conversions (PMC) comprises of four teams, including Conversions, Requisitions, and Construction Monitoring. PMC is responsible for overseeing a large pipeline of HPD projects financed across the Divisions of New Construction, Special Needs Housing, Homeownership Opportunities and Preservation, and Preservation Finance. The division is responsible for proactively managing projects from closing through construction to permanent loan conversion and transition to other teams within HPD. The position is responsible for overseeing the strategic management, restructuring, and resolution of troubled or underperforming affordable housing assets within the City's portfolio. The Director will oversee and supervise a team of multiple staff.

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