Housing Finance Analyst

HOUSING FINANCE ANALYST Location New York, NY (Financial District area) : HOUSING FINANCE ANALYST Apply HOUSING FINANCE ANALYST Agency: HRA/DEPT OF SOCIAL SERVICES Posted on: 10/18/2023 Job type: Full-time Location
NYC-ALL BOROS
Title Classification: Exam may be required Department
Legal Assist Initiative NM
Salary range: $56,972.00 - $155,020.00 *****APPLICANTS MUST BE PERMANENT IN THE ADMINISTRATIVE HOUSING DEVELOPMENT SPECIALIST CIVIL SERVICE TITLE, PERMANNENT IN A COMPARIABLE TITLE ELIGIBLE FOR 6.1.9 TITLE CHANGE OR REACHABLE ON EXAM#1144***** The Office of Supportive/Affordable Housing and Services (OSAHS) helps former homeless clients succeed in permanent housing, by providing access to permanent housing with support services. OSAHS works closely with other divisions of HRA and with other governmental and non-governmental service providers to create new programs and to integrate and refine existing services so that clients experiencing homelessness can move into safe, affordable housing that best supports their stability and integration in the community. Program areas under OSAHS' purview include the design and implementation of the Mayor's 15,000-unit supportive housing commitment, affordable housing for former homeless households, providing support services for former homeless seniors and developing innovative housing models to house in need individuals and families. OSAHS supports and coordinates the development of affordable and supportive housing, provides referrals to and services in supportive, senior affordable housing and other related affordable and supportive housing initiatives. Under general direction of the Director of Contracts, the Housing Finance Analyst in HRA's Office of Supportive/Affordable Housing (OSAHS) is responsible for the management of a pipeline of affordable housing projects (both acquisition projects and master leased projects), as well as future initiatives that require housing finance expertise. This Analyst will work with affordable housing developers, financial sector partners, and the DHS Office of Rehousing Policy to identify and implement affordable housing projects, and to expand housing opportunities for DHS clients. This analyst maintains consistent relationships between DHS, housing providers, and other divisions of HRA which assist DHS clients in locating and securing permanent housing. This Housing Finance Analyst will work collaboratively with the Assistant Deputy Commissioner for Housing and Program Planning in assisting the Division in expanding additional housing opportunities for DHS clients. This position will involve collaborating with not for-profit-providers and various stakeholders within DSS. This position is not client oriented. The Office of Affordable/Supportive Housing and Services is recruiting for one (1) Administrative Housing Development Specialist, NM-I to function as Housing Finance Analyst who will support the portfolio of existing and expanding affordable housing programs that are all managed by OSAHS. Under the supervision of the Director of Contract Budgets, the Housing Finance Analyst will: Review new DSS affordable housing/master lease projects, evaluates budgets, and coordinates with DHS partners as new projects come into the OSAHS portfolio. Ensure provider and OSAHS staff understand basic financial obligations of each site to support strong start-up for new sites. Create new financial models to project program costs and to facilitate project analysis. Monitor the affordable housing/master lease portfolio with focus on analyzing financial health of existing contracts and sites, flagging patterns of expenses and payments related to broader financial obligation of the project, and making recommendations to HRA leadership to support nonprofit provider and program to best operate per regulatory and contract requirements. This position will be responsible for identifying any major financial/building issues that may jeopardize the project and will work with both HRA and DHS teams to problem solve accordingly. Serve as an on-going liaison and coordinates meetings between the Agency and property managers; respond to various stakeholders via phone and email. Support and participate in presentations to educate specific Community Based organizations, housing developers and other concerned parties on the benefits of the Master lease program, document policy and analysis. Generate reports and data as requested by Director. Participate on committees to review proposals submitted in response to RFPs procured through HRA, with special focus on services in supportive and affordable housing. Perform other related duties as directed by Director of Contracts. Minimum Qualifications 1. A baccalaureate degree from an accredited college and four years of full-time satisfactory professional experience in the development, design, construction, appraisal, financing, negotiation or disposition of real estate or in real estate law, or in urban planning, design or renewal, or analytical or coordination work related to housing programs; at least 18 months must have been in an executive, administrative or managerial capacity or supervising professional personnel performing work in the fields noted above; or 2. Education and/or experience which is equivalent to "1" above. Graduate study in the field of urban studies, city planning, business or public administration, finance, architecture, engineering or other related fields may be substituted for up to one year of the required experience on the basis of 30 credits equaling one year of experience. Graduation from an accredited law school may be substituted for one year of the required experience. However, all candidates must have three years of work experience including at least 18 months of executive, administrative, managerial or supervisory experience as described in "1" above.
Preferred Skills - Ability to assess impact of policies and procedure and proactively plan to ensure systems can efficiently support initiatives. - Experience developing reports and presenting recommendations to key stakeholders, including high level executives. - Strong writing, analytic and training skills. - Advanced skills with Microsoft Excel, Outlook and PowerPoint. 55a Program This position is also open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate at the top of your resume and cover letter that you would like to be considered for the position through the 55-a Program. Public Service Loan Forgiveness As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education's website at Residency Requirement New York City residency is generally required within 90 days of appointment. However, City Employees in certain titles who have worked for the City for 2 continuous years may also be eligible to reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. To determine if the residency requirement applies to you, please discuss with the agency representative at the time of interview. Additional Information The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.
Minimum Qualifications 1. A baccalaureate degree from an accredited college and four years of full-time satisfactory professional experience in the development, design, construction, appraisal, financing, negotiation or disposition of real estate or in real estate law, or in urban planning, design or renewal, or analytical or coordination work related to housing programs; at least 18 months must have been in an executive, administrative or managerial capacity or supervising professional personnel performing work in the fields noted above; or 2. Education and/or experience which is equivalent to "1 " above. Graduate study in the field of urban studies, city planning, business or public administration, finance, architecture, engineering or other related fields may be substituted for up to one year of the required experience on the basis of 30 credits equaling one year of experience. Graduation from an accredited law school may be substituted for one year of the required experience. However, all candidates must have three years of work experience including at least 18 months of executive, administrative, managerial or supervisory experience as described in "1 " above.
Preferred Skills tAbility to assess impact of policies and procedure and proactively plan to ensure systems can efficiently support initiatives.-tExperience developing reports and presenting recommendations to key stakeholders, including high level executives.-tStrong writing, analytic and training skills.-tAdvanced skills with Microsoft Excel, Outlook and PowerPoint. 55a Program This position is also open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate at the top of your resume and cover letter that you would like to be considered for the position through the 55-a Program. Public Service Loan Forgiveness As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education's website at Residency Requirement New York City residency is generally required within 90 days of appointment. However, City Employees in certain titles who have worked for the City for 2 continuous years may also be eligible to reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. To determine if the residency requirement applies to you, please discuss with the agency representative at the time of interview. Additional Information The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.
Job ID
587962
Title code
8300A
Civil service title
ADM HOUSING DEV SPEC(NON MGRL)
Title classification
Competitive-1
Business title
HOUSING FINANCE ANALYST
Experience level: Experienced (non-manager) Number of positions
1
Work location
4 World Trade Center
Category: Social Services