Executive Director of Inclusionary Housing for the Division of Development

Full Time
New York, NY 11201
Posted
Job description
About the Agency:

The New York City Department of Housing Preservation (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.

HPD is entrusted with fulfilling these objectives through the goals and strategies of Housing Our Neighbors: A Blueprint for Housing and Homelessness, Mayor Adams’ comprehensive housing framework. To support this important work, the administration has committed $5 billion in new capital funding, bringing the 10-year planned investment in housing to $22 billion—the largest in the city’s history. This investment, coupled with a commitment to reduce administrative and regulatory barriers, is a multi-pronged strategy to tackle New York City’s complex housing crisis, by addressing homelessness and housing instability, promoting economic stability and mobility, increasing homeownership opportunities, improving health and safety, and increasing opportunities for equitable growth.

Your Team:

The Office of Development leads the agency’s effort to develop affordable housing, through new construction and preservation of existing affordable housing. The Inclusionary Housing division, operating within the Office of Development’s Division of Housing Incentives, administers the Voluntary Inclusionary Housing (VIH), Mandatory Inclusionary Housing (MIH), Privately Financed Affordable Senior Housing (PFASH), and Cure programs (collectively, the “IH program”) and is instrumental in the implementation of the Mayor’s Housing Blueprint.

Your Impact:

The Inclusionary Housing Program promotes economic integration in areas of the city undergoing substantial new residential development by offering an optional floor area bonus in exchange for the creation or preservation of permanently affordable housing. This fast-paced program operates under tight deadlines and deals with highly complex, technical, and politically sensitive issues, and relies on both the technical and strong leadership skills of the Executive Director of Inclusionary Housing to help meet the agency’s goals effectively.

Your Role:

Under the direction of the Assistant Commissioner of Inclusionary Housing, with latitude for independent judgment, initiative and decision-making, the Executive Director oversees the day-to-day operations and transactions in the production pipeline and leads a team of Project Managers in the review and analysis of IH applications and issues. The Executive Director is highly organized, deadline-driven, with exceptional analytical, qualitative, quantitative, and relationship management skills. Technical skills and specialized knowledge in planning, zoning, policy, analysis, underwriting, and negotiating are essential to supporting the Assistant Commissioner in addressing a high volume of complex requests, and in elevating issues for senior management consideration when applicable. The Executive Director must possess strong management and team-building skills, attention to detail, the ability to effectively multi-task and work under pressure, good judgment and excellent customer-service and communication skills, and an ability to successfully collaborate and coordinate with internal and external stakeholders.

Your Responsibilities:

Your responsibilities include, but are not limited to:
  • In collaboration with the Assistant Commissioner and senior management, oversee the development and implementation of Inclusionary Housing programs to meet the goals of Housing Blueprint and other initiatives.
  • Oversee and manage transactions in the IH development pipeline, and ensure timely reviews, efficient closings and completions, operational effectiveness, and compliance with regulations, policies, and procedures.
  • Oversee Project Managers in reviewing and analyzing IH Applications, which includes, but is not limited to:
  • Financial feasibility analysis and comprehensive underwriting review
  • Zoning analysis: ensure projects are following all applicable sections of the Zoning Resolution and Rules of the City of New York.
  • Perform due diligence in accordance with HPD’s Integrity Review policies and procedures
  • Direct and conduct complex technical analyses related to the IH programs.
  • Establish and maintain effective working relationships among staff, internal and external partners and stakeholders, and the public.
  • Manage and train staff, including establishing appropriate productivity measures, supporting staff in achieving programmatic and agency goals, promoting collaboration among staff, promoting high achievement and skill development/progression, overseeing staff in their performance of their responsibilities, and evaluating and providing constructive feedback to staff.
  • Ensure quality control across all staff deliverables.
  • In collaboration with the Director of Operations, actively participate in and lead discussions on improving program processes to increase efficiency and effectiveness; participate in requirements gathering, testing, and other processes with HPD Tech to support the development of new applications.
  • Manage administrative functions such as setting productivity goals, tracking, reporting and compliance.
  • Respond promptly to requests for information and oversee the production of detailed reports, memoranda, presentations, and written correspondence regarding projects, programs, new initiatives, or other special projects, as needed.
  • Use sound judgment in flagging politically sensitive and complex inquiries for the Assistant Commissioner and/or other senior staff, and in interacting with outside parties, including other agencies and developers and their agents.
  • In partnership with the Assistant Commissioner, serve as the program’s liaison and representative to developers, banks, architects, attorneys, Community Boards, local organizations, and other government agencies.
  • Communicate any personnel issues to the Assistant Commissioner and Director of Operations in a timely manner.
  • Collaborate with other HPD divisions to achieve agency goals, as well as to identify, monitor and/or resolve project, program, and policy issues.

Minimum Qual Requirements

1. A baccalaureate degree from an accredited college and four years of experience in one or more of the following areas: community organization, social work, urban development projects, real estate, public administration, or a related field, of which two years must have been in a field directly related to neighborhood improvement such as housing, community organization, urban renewal or planning, or real estate. A Law Degree or graduate work in an appropriate field may be substituted for up to two years of the general experience required; or

2. Education and/or experience equivalent to "1", including part-time and/or volunteer experience.

Preferred Skills

Candidates should have a record of achieving results in a fast-paced environment, experience managing programs as well as seeking ways to improve programs and procedures, strong financial analysis skills including financial modeling and financial statement analysis, strong managerial experience, and be detailed-oriented, self-motivated, and able to manage multiple projects and meet deadlines. Candidates should also demonstrate strong verbal and written communication skills.

Preference will be given to candidates with:
  • A proven track-record of closing real estate transactions; a strong financial background, including underwriting experience
  • Knowledge of real estate development, affordable housing finance, various state, local, and federal affordable housing programs and guidelines, and knowledge of HPD development programs
  • Strong management experience;
  • Demonstrated analytical skills, and ability to work effectively with others to obtain results promptly
  • Demonstrated experience performing complex financial analyses; capability of utilizing and developing complex spreadsheets
  • Excellent judgment and decision-making skills
  • Excellent interpersonal skills; ability to work effectively in collaboration with and in the supervision of others
  • Strong facility with Microsoft Office Suite (Excel, PowerPoint, OneNote, Outlook, Visio, Word) required
Candidates with a graduate degree in city planning, real estate development, urban studies, business or public administration, finance, architecture, engineering, or another related field are strongly preferred

Additional Information

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.

In addition, the Department of Housing Preservation & Development offers competitive salaries and the following benefits: Generous Pension Plans (The New York Employees' Retirement System);
401(k) and Roth 457(k) Retirement Savings Programs; U.S. Savings Bonds Flexible Spending Program; Health Benefits, Dental, Vision Coverage, Prescription Drug Program; Training and Professional Development; Opportunity for Scholarship; ‘College Savings Program; Paid Holidays and Generous Annual Leave.

HPD's vision is to promote strength and diversity in our workforce and an inclusive and equitable work environment.

To Apply

Apply online

Public Svc 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 StudentAid.gov/PSLF.

Work Location

100 Gold Street

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.

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