SENIOR VICE PRESIDENT OF HOMEOWNERSHIP & COMMUNITY DEVELOPMENT

Job Opportunities at New York State Homes and Community Renewal

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SENIOR VICE PRESIDENT OF HOMEOWNERSHIP & COMMUNITY DEVELOPMENT

New York State Homes and Community Renewal (HCR) fosters the creation and preservation of high quality affordable housing, while working strategically to revitalize neighborhoods and communities throughout the Empire State. Under the leadership of Governor Andrew M. Cuomo and Commissioner RuthAnne Visnauskas, HCR is a vibrant, innovative agency that integrates and leverages New York State’s housing resources. We have offices in New York City, Albany, Buffalo and Syracuse, and employ a diverse workforce of professionals who are hard-working and committed to serving low and moderate income families. Our mission is far reaching, encompassing single and multifamily housing finance, home improvement, rent regulation, housing subsidies, and community development. We partner regularly with a variety of public and private stakeholders. 

Achieving this mission requires a wide range of skills and backgrounds in public policy, administration, real estate, architecture, finance, law and many other areas of expertise. We seek to provide a workplace environment that is productive, flexible, accountable, ethical and caring. Our employees are empowered to make a difference where they live and work. We offer competitive pay and a comprehensive benefits package, including paid leave, health, dental, vision, retirement and familyfriendly policies. 
The Office of Finance & Development manages HCR's multifamily and single family housing programs and bond offerings. HCR has been the most active housing bond issuer in the country in 4 of the last five years, issuing nearly $9.5 billion in tax exempt and taxable housing bonds to fund initiatives ranging in scope from mixed income rental developments to single family mortgages. Finance & Development actively engages with a range of partners including for-profit, and not for profit borrowers, municipalities, lenders, investors and other funding entities to leverage Low Income Housing Tax Credits, tax exempt bonds, single family lending programs, and a multitude of State funded programs. Our resources have helped finance over 42,000 affordable apartments and affordable homes since 2011. Finance & Development has primary responsibility for implementing many of the initiatives under the Governor’s new House NY 2020 plan, an unprecedented $20 billion investment over the next five years. 
JOB SUMMARY 
The SVP of Homeownership and Community Development is a senior level position in the division of Homeownership and Community Development within New York State Homes & Community Renewal – the State’s integrated housing agency. This position is responsible for contributing to the success of the Agency by actively managing its portfolio of state and federal mortgage assistance, homeownership, and community and economic development programs and opportunities. The SVP will be accountable for directing these investments to meet the mission, goals and objective of the Agency within respect to its activities and policies relating to the following units: the State of New York Mortgage Agency, the Job Opportunities at New York State Homes and Community Renewal Affordable Housing Corporation, the Office of Community Renewal, and the Governor’s Office of FaithBased Community Development. 
The SVP will report directly to the Commissioner/CEO and will be responsible for actively managing a professional staff and exercising sound judgment concerning their development, hiring, promotion, evaluation and training. The SVP will also act as a liaison with external stakeholders in the development and/or implementation of new or existing Agency programs. Other responsibilities include: timely preparation and submission of annual budget requests, review and representation of materials to be made at Credit Committee and Board of Directors Meetings, and representing the Agency at public events. 
QUALIFICATIONS 
 Master’s Degree in Finance, Real Estate, City Planning/Public Policy or related field – or 10+ years’ relevant experience. 
 Proven track record of expertise in state and federal housing and community and economic development programs and all relevant governmental regulations. 
 Excellent analytical, organization, management and communication skills essential. 
 Positive, pragmatic approach to problem resolution. 
 Demonstrated ability and willingness to be part of a team. 
This job description is not intended to be all inclusive, and employee will also perform reasonable related business duties as assigned. 
What we offer: 
 Exciting opportunity to be part of New York’s resurgence to greatness; 
 Extensive benefits package including paid leave, excellent health, dental, vision and retirement benefits; 
 Promotional opportunity for dedicated professionals. 
TO APPLY, please send resume and cover letter to: Jobopportunities@nyshcr.org New York State is an Equal Opportunity Employer (EOE)
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Senior Associate, Community Development Finance

At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.                                               

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

 

Senior Associate, Community Development Finance

Support a team of Portfolio Managers that manage Community Finance construction and permanent financings and low-income housing tax credit (LIHTC) fund investments from pre-closing to repayment or end of term. 

Responsibilities include but are not limited to:

  • Review documents and monitor loans for compliance with terms, conditions and financial covenants. Maintain credit files.
  • Standardize and prepare quarterly interest and/or letter of credit fee reserve analyses for construction projects.
  • Reevaluate real estate collateral, analyze guarantor financial wherewithal and prepare risk rating summaries for asset reviews and approval requests.
  • Prepare lease-up analysis, operating analysis and amortization schedules for permanent loan conversion requests.
  • Monitor and prepare updates for the monthly pipeline report.
  • Maintain the integrity of the system of record for LIHTC funds, by post-closing setup of new investments, periodic review of data and preparation of reports.
  • Support accounting function by monitoring LIHTC fund benefit schedules, financial statements and Schedule K-1s. 

Basic Qualifications:

  • Bachelor's Degree or military experience
  • At least 3 years of experience in the administration or portfolio management of commercial real estate OR At least 3 years of experience in the administration or portfolio management of community finance construction loans OR At least 3 years of experience in the administration or portfolio management of LIHTC fund asset management 

Preferred Qualifications:

  • Strong oral and written communication, presentation and influencing skills with a high level of attention to detail
  • Completion of credit training program

 

At this time, Capital One will not sponsor a new applicant for employment authorization for this position. 

 No agencies please. Capital One is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries. 

If you require an accommodation to apply for a job or to perform a job, please contact Capital One Recruiting at 1-800-304-9102 or RecruitingAccommodation@capitalone.com.

 All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

https://capitalone.wd1.myworkdayjobs.com/Capital_One/job/New-York-NY/Senior-Associate--Community-Development-Finance_R19528

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Senior Community Development Officer for Housing

The New York City office of the Local Initiatives Support Corporation (LISC) seeks a professional to fill the position of Senior Community Development Officer for Housing. The position reports to the Director of Housing.


Background
LISC NYC invests in underserved neighborhoods to help them become places of choice and opportunity where people can thrive. We connect community leaders to the funding and technical expertise needed to make this happen. We bring financial and technical resources to partners who share our deeply held vision for an inclusive city. We build and nurture effective collaborations, equipping them with our expertise in affordable housing, community development finance, program design, implementation, and organizational capacity building. In today's rapidly changing city, LISC NYC ensures that critical neighborhood assets can take root and thrive, and that low-income residents share in growth and prosperity. Over the past three decades, LISC NYC has invested over $2.5 billion, leveraging an additional $5.7 billion in low-income communities. This has resulted in 37,000 affordable homes built and preserved as well as 1.7 million square feet of retail and community space created. LISC NYC also invests
in health, economic development, financial well-being and environmental sustainability so that the communities our partners serve are good places to live, work, do business and raise children. For more information visit http://programs.lisc.org/nyc/

Responsibilities
Housing is the cornerstone of LISC NYC’s mission. The Senior Community Development Officer (CDO) for Housing works with the LISC NYC Director of Housing and Executive Director to develop and execute a program of strategic housing investments. The position will market, structure, negotiate, and originate a robust pipeline of affordable housing transactions that facilitate the deployment of LISC capital and technical assistance resources. A primary focus will be deepening and enhancing LISC NYC’s strategic partnerships with city and state housing agencies (HPD, HCR, and NYCHA), as well as working with nonprofit and for-profit developer partners that are considering new affordable housing development, affordable housing preservation transactions and other real estate transactions. The position will build on LISC NYC’s established historic relationships with nonprofit community development corporations (CDCs), with an eye toward continued stewardship of the community-based housing sector, while also
identifying opportunities for expanding LISC NYC’s client base and other business development strategies. The Senior CDO for Housing will have deep knowledge of the public and private resources available to leverage LISC’s investment, and will strategically deploy LISC’s full array of financing products such as predevelopment loans, acquisition, construction, bridge lending, lines of credit, and tax credit equity, working alongside LISC affiliate National Equity Fund.

Specifically, the Senior CDO for Housing will:

  • Source investment and development opportunities; build a robust pipeline of affordable housing real estate deals for closing and execution by the Senior CDO and other LISC staff.
  • Work with LISC NYC senior management to develop strategic collaborations with public sector agencies at the local, state, and federal levels that leverage LISC’s capabilities and national platform.
  • Provide project-specific analysis, deal structuring assistance, and underwriting support for affordable multifamily rental housing transactions.
  • Coordinate internal and external relationships that are critical to LISC NYC’s housing strategy, including LISC NYC housing staff, national LISC housing staff, originators of Low Income Housing Tax Credit transactions via LISC affiliate National Equity Fund, financial institutions and other program partners.
  • Oversee implementation of LISC NYC technical assistance program to make health, energy, and water efficiency upgrades to affordable housing; coordinate strategic partnerships with NYC HPD, NYC DOHMH, NYSERDA, utilities, philanthropic partners and others to advance LISC NYC’s leadership at the intersection of housing and health.
  • Market LISC NYC’s financial and technical assistance resources.
  • In collaboration with Executive Director and the LISC NYC Housing team, develop a strategic business plan to more fully define LISC NYC’s unique role in the affordable housing sector and identify opportunities for earned revenue.

Qualifications

  • Bachelor’s degree in business, finance, real estate or related fields. Master’s degree preferred.
  • At least 7 years of demonstrated experience with housing and community development and/or multifamily real estate development is preferred, including project financing; market analysis; deal structuring; and financial analysis.
  • Strong understanding of community development financial models, including but not limited to low income housing tax credit investments and federal, state and city subsidy programs.
  • Experience building and maintaining relationships with senior level government officials, including federal, state and city government, especially within the New York City Department of Housing, Preservation and Development and New York State Homes & Community Renewal.
  • Strong oral and written communication skills and comfort with speaking in diverse public forums.
  • Entrepreneurial spirit and ability to work independently on multiple tasks and projects, prioritizing a challenging workload.
  • Ability to work collaboratively with others. Flexibility and poise in dealing with a diverse range of individuals and organizations.

LISC offers a competitive salary and excellent benefits.

Please send cover letter and resume via e-mail to:
Sam Marks
Executive Director
LISC NYC
501 Seventh Avenue, 7th Floor
New York, NY 10018
liscnycresumes@lisc.org


LISC IS AN EQUAL OPPORTUNITY EMPLOYER COMMITTED TO DIVERSITY AND INCLUSION

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Asset Manager, Associate / Analyst

Hudson Valley Property Group (HVPG) is an innovative New York City based real estate firm committed to the preservation of affordable and mixed income housing. We provide quality, well managed affordable and workforce housing to the communities we serve through investment in and renovation of residential properties. We identify as a double bottom line company: a for profit company that prioritizes social impact in our real estate investments. We currently have holdings of 2,400 units across 16 properties in NJ, NY and FL. We are in contract to close another 800+ units in the next 12 months and will be entering new states: PA, MD and CT.

Job Description

HVPG seeks an Asset Manager, Associate / Analyst for our fast paced and growing company. The Asset Manager, Associate / Analyst will support the development staff and principals of Hudson Valley Property Group by analyzing, monitoring, and reporting on the performance of HVPG’s portfolio. He / she will assist in the creation of budgets and plans for our properties and ensure that our third-party managers are executing on those plans. He / she will make recommendations on operating expense improvements, strategies related to compliance / financing strategies and alert HVPG on any relevant issues or trends.

Responsibilities

Specific duties are expected to include, but not be limited to performing, or assisting others with the performance of, the following:

• Review, analyze and reconcile monthly property financial statements; write standard monthly reports and maintain plans and actions. Update monthly cash analysis for each asset, monitoring cap ex and other operating expense items.

• Monitor the financial performance of investments, which entails maintaining financial models, reviewing annual budgets, and raising awareness of performance concerns.

• Produce ad hoc analyses to evaluate the performance of assets.

• Analyze and identify opportunities for value enhancement, improving cash flow and reducing expenses within the portfolio, including dispositions and refinancings.

• Collect market data and conduct benchmarking analysis.

Skills and Experience

• Bachelor’s Degree preferably with a concentration in Real Estate, Finance, Accounting or Business; related degree.

• 5+ years of relevant experience in investment banking, multi-family lending or asset management.

• Knowledge of affordable housing finance programs, including Low Income Housing Tax Credits, IRS Section 42 and Section 8 programs a plus.

• Strong analytical skills and quantitative skills/highly skilled in financial analysis.

• Understanding of accounting procedures and financial reports with ability to analyze variances.

• Proficiency with Microsoft Office suite, with proficiency in Excel

• Demonstrated ability to identify trends, errors, and opportunities.

• Highly organized, detail oriented, motivated, and able to multitask effectively in a deadline driven environment.

• Excellent oral and written communication skills.

• Meticulous; ability to work well in an entrepreneurial environment

Compensation is competitive and based on experience. Benefits include, company paid medical, vacation, and holiday schedule.

If Interested: Please send resume along with cover letter to:

lflicker@selectleaders.com

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Manager of Affordable Housing Initiatives

The Actors Fund, a nationwide human services organization that helps all professionals in performing arts and entertainment, seeks a Manager of Affordable Housing Initiatives to design, manage, and implement initiatives that increase access to affordable housing for members of our creative community. Accessing affordable housing is a challenge for this community, not just because of low incomes, but also because income is typically episodic and generated from multiple sources, which makes the application process more difficult.

The Actors Fund maintains three affordable housing residences (two in New York City and one in West Hollywood, California), as well as a skilled nursing home and assisted living facility in Englewood, New Jersey. The Fund is also working to create additional affordable housing opportunities for our community and help our clients to access existing options. The manager will work with clients seeking housing, as well as government agencies, developers, and other organizations involved in providing or advocating for affordable housing opportunities.

RESPONSIBILITIES

Under the direction of the Chief Operating Officer, the Manager of Affordable Housing Initiatives will facilitate the development of a comprehensive strategy for affordable housing. The position demands a combination of direct service, advocacy and housing development. The manager will be expected to maintain familiarity with affordable housing programs, opportunities, and key players in New York City and Los Angeles.

The Manager of Affordable Housing Initiatives will oversee the Housing Resource Center, which helps clients to access and maintain housing through seminars, online resources, and one-on-one counseling. The manager will continually update seminar materials and lead seminars 2-4 times per month throughout New York City. The manager will provide expertise to social workers whose clients face housing issues and supervise the Housing Resource Center volunteer.

The Manager of Affordable Housing Initiatives will also participate in affordable housing advocacy, with particular attention to advancing the cause of affordable housing for artists. The manager will represent the agency in coalitions and working groups, such as the New York City HPD Housing Ambassadors, as well as raise awareness about artists’ unique affordable housing concerns amongst community groups, developers, government officials and the philanthropic community.

Additionally, the Manager of Affordable Housing Initiatives will be responsible for cultivating and maintaining strategic partnerships in the areas of affordable housing development, marketing, and lease-up. The manager will be responsible for securing and executing marketing contracts with housing developers. Marketing responsibilities include extensive outreach to the arts community, overseeing temporary staff, event planning, public speaking to large audiences,and collaboration with the external development team. In addition, as development opportunitiesarise, the manager will maintain relationships with developers, draft development proposals andcollaborate on responses to RFPs.

 REQUIREMENTS

·         Advanced degree in urban planning, public affairs, social work, or other relevant area

and at least two (2) years of experience in a field or discipline related to housing. (Or an equivalent combination of education and experience.)

·         Knowledge of housing policies and government subsidized affordable housing programs.

·         Experience with or interest in the performing arts and entertainment industry a plus.

·         Experience planning and conducting training sessions, workshops, or seminars.

·         Experience managing partnerships and collaborative working groups.

·         Excellent written, verbal, and visual communication skills.

·         Self-starter, able to work independently and as a member of a team.

·         Excellent leadership and organizational skills.

·         Demonstrated ability to prioritize and coordinate a large number of projects independently.

·         Strong interpersonal skills and ability to work with a diverse group of clients, colleagues, and external partners.

·         Comfortable providing individual technical assistance, guidance, and counsel to low-income clients, in partnership with staff social workers where appropriate.

OTHER REQUIREMENTS

·         Routine travel throughout the New York metropolitan area.

·         Occasional travel to Los Angeles or other areas of the U.S. possible.

·         Availability for evening seminars 2-4 times per month, in addition to other occasional evening meetings.

ABOUT THIS POSITION

This is a full-time salaried position based in The Actors Fund’s National Headquarters Office in Times Square, New York City.   The Actors Fund offers a competitive salary, as well as a comprehensive benefits package, including: choice of multiple health and dental plan options, voluntary vision, flex and dependent care plans, employer-paid life and long-term disability insurance, supplemental life and disability, 401(k) plan with generous employer match, tuition reimbursement, generous paid time off and TransitCheck commuter benefit or paid parking, depending on location. 

TO APPLY

Please complete the application below.

 ABOUT THE ACTORS FUND

The Actors Fund is a national human services organization that helps everyone— performers and those behind the scenes—who works in performing arts and entertainment, helping more than 17,000 people directly each year, and hundreds of thousands online. Serving professionals in film, theatre, television, music, opera, radio and dance, The Fund’s programs include social services and emergency financial assistance, health care and insurance counseling, housing, and employment and training services. With offices in New York, Los Angeles and Chicago, The Actors Fund has been—for 132 years—a safety net for those in need, crisis or transition.

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Internship

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Director of Communications

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