Executive Director of Small Homes Stabilization
- HOUSING PRESERVATION & DVLPMNT
- Full-time
Location
NYC-ALL BOROS
- No exam required
Department
Disposition Programs
Job Description
This vacancy has now expired.
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.
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 in implementing the Mayor's Housing Plan. This is achieved in close collaboration with HPD colleagues, other City and state agencies, and the New York City Housing Development Corporation (HDC).
The Division of Homeownership Opportunities and Preservation creates and preserves affordable homes to facilitate generational wealth-building, maintain housing quality, and address the legacy of discrimination, segregation, and concentrated poverty. We do so by providing financial assistance to low- and middle-income homeowners, limited equity cooperatives, and community land trusts. Programs within the Division include:
- HomeFix, Project Help, and the Single-Family Resiliency programs that provide access to affordable low- or no-interest and potentially forgivable loans and grants for home repairs as well as resiliency or energy efficiency improvements to eligible owners of one- to four-family homes throughout New York City in partnership with nonprofit organizations
- The Basement Apartment Conversion Pilot Program and the Plus One Accessory Dwelling Unit (ADU) program that finance ADU conversions in small homes.
- Small Homes Rehab, which works with nonprofit developers to rehab existing public sites and privately owned 1-4 family homes to create affordable homeownership opportunities for low-income New Yorkers.
- Community Restoration Fund, which facilitate the acquisition of distressed mortgage notes from mortgage lenders and repositions these assets to preserve affordable homeownership and rental opportunities.
- The Affordable Neighborhood Cooperative Program (ANCP), which selects qualified developers to rehabilitate distressed city-owned occupied multi-family properties, managed by the Tenant Interim Lease Program, to create affordable cooperatives for low- and moderate-income households.
- and special initiatives including Community Land Trusts, designed to ensure community stewardship of land and long-term housing affordability and the Zombie Homes initiative to develop an acquisition strategy for vacant and abandoned homes and reposition them as affordable homeownership opportunities.
Your Impact:
As the Executive Director of Small Homes Stabilization for the Division, you will lead the modernization and expansion of the repair loan and stabilization programs for single family (1-4 unit) homeowners to meet the needs of New York City today. The Small Home Stabilization team currently assists over one hundred low- to middle-income homeowners of 1-4 family homes on average annually and will soon serve over 200 homeowners annually. This role will provide oversight, direction, and support to all aspects of the home repair, single family resiliency, accessory dwelling unit (ADU) conversion, and distressed mortgage note purchase programs.
Your Role:
The Executive Director will take a broad and cohesive look at HPD’s homeownership-related programs for 1- to 4-family homes. These include programs that provide funds for qualifying homeowners to make repairs in their homes or fund the addition of a new unit (HomeFix, Project HELP, Single Family Resiliency Program, and ADU programming) as well as programs that focus on the acquisition of distressed 1-4 unit properties to create affordable homeownership opportunities (Community Restoration Fund and Zombie Homes Initiative). These programs receive a combination of city, state, and federal funding, which the Executive Director will be responsible for managing both internally with HPD’s budget and fiscal teams, as well as externally with city, state and federal officials. This role is also responsible for management of the Small Homes Stabilization staff, and collaboration with other divisions to create opportunities for the production and preservation of affordable homeownership. As Executive Director, you will also maintain relationships with a network of communication among homeownership initiatives within the agency, developers, nonprofit organizations, and programs outside of the agency.
Your Responsibilities:
The ideal candidate is an experienced, creative, analytical, entrepreneurial, solutions-oriented professional that can assess existing programs to determine pathways to improve and expand their impact and collaborate with staff and agency leadership to create and implement new programs. The Executive Director will also drive new policy initiatives related to existing small homes for New York City.
There will be significant contact with government officials, not-for-profit partners, developers, and affordable housing lenders. The Executive Director will define and negotiate the business and legal terms of their programs, including finalizing contracts and legal documents. The Executive Director will be responsible for managing several contracts and grant agreements, including Community Development Block Grant (CDBG) requirements. The Executive Director is also expected to maintain written standard operating procedures, correspondence, documents, reports, and files regarding all assigned programs.
Finally, the Executive Director will have two direct reports and will be responsible for leading a team of 17 staff – including Directors, Deputy Directors, and Project Management staff. The Executive Director is responsible for teaching, inspiring, and empowering all staff in the Small Homes Stabilization program portfolio.
Primary responsibilities will include, but not be limited to:
Overview
- In collaboration with the Assistant Commissioner, overseeing the development and implementation of homeownership programs to meet the goals of the Mayor’s Housing Blueprint and other initiatives.
- Improving the agency’s ability to serve the 1-4 family housing stock of New York City with a keen eye towards standard operating procedures to achieve operational efficiency, as it relates to homeownership.
- In collaboration with Directors/Deputy Directors, managing the development pipeline for the homeownership financing programs and ensuring timely, high-quality closings, completions, and conversions of projects.
- Assist the Directors/Deputy Directors and their teams to proactively manage projects, troubleshoot, make appropriate recommendations, and ensure all necessary approvals;
- Managing special projects, including development and implementation of homeownership and homeowner assistance initiatives and strategies;
- Communicating with elected officials, other City agencies, homeowners, developers, lenders, community groups and other stakeholders as necessary, including presenting program materials at interagency meetings, meetings with elected officials and community meetings;
- Representing the Assistant Commissioner on behalf of the agency at internal and external meetings;
- Collaborate with other HPD divisions to achieve agency goals as they relate to homeownership.
Program Oversight and Policy
- Managing and directing staff, including establishing appropriate productivity measures; supporting staff in achieving programmatic and agency goals, promoting collaboration among staff, promoting high achievement, overseeing staff in their performance of their responsibilities, and evaluating staff;
- Developing and maintaining standard operating procedures, program workflows, and other organizational processes and materials to ensure compliance and efficiency
- Leading and engaging in programmatic policy discussions;
- Identifying opportunities to train and build out expertise of program staff;
- Assist HPD Legal in preparing and reviewing legal documents with a keen eye on accuracy and intended terms including mortgage notes, regulatory agreements, other documents requiring understanding of complex regulations;
- Negotiating and managing procurement actions, such as contracts with vendors as well as negotiating deal terms with developers and affordable housing lenders.
- Overseeing construction requisition processes and performance;
- Reviewing and analyzing project proposal materials and loan documents prepared by program staff;
- Preparing documents and materials for audits of program compliance in coordination with HPD’s Audit Review Unit and external auditors.
- Managing administrative functions such as budget forecasting, setting productivity goals, tracking/reporting and compliance;
- Facilitating budget and program negotiations with interagency teams, including the Office of Management and Budget (OMB), the Mayor’s Office of Climate and Environmental Justice (MOCEJ), the Department of Buildings (DOB), the Department of City Planning (DCP), the Mayor’s Office of Housing Recovery Operations (HRO), the Office of Recovery and Resiliency (ORR) and City Hall.
Candidates should have strong managerial and leadership experience, a record of achieving results in a fast-paced environment, experience managing programs as well as seeking ways to improve programs and procedures, - Candidates must able to assess situations and persuade with concise specific solutions and have the ability to coordinate and troubleshoot concerns with internal and external partners - Candidates must demonstrate strong verbal and written communication skills - Candidates must have strong financial analysis skills including financial modeling, financial statement analysis, and real estate underwriting - Candidates must be detail-oriented, self-motivated, be able to manage multiple projects and meet deadlines - Prior experience managing federally grant-funded programs - Prior experience working with homeownership programs - Knowledge of housing development/lending and knowledge of HPD development programs - Knowledge of climate resiliency and sustainability priorities as they relate to housing - Demonstrated analytical skills, and ability to work effectively with others to obtain results promptly - Knowledge of NYC government and housing issues - Excellent analytical, quantitative and research skills - Excellent interpersonal skills - Ability to perform complex tasks with limited supervision - Strong facility with Microsoft Word, Excel & PowerPoint - At least 5 years of applicable experience supervising staff and working in a fast-paced and dynamic environment preferred. Graduation from an accredited college with a baccalaureate degree and three years of progressively responsible supervisory, administrative or consultative experience in a large scale real estate management or maintenance operations, government subsidized relocation activities or a related field. Graduate work in an appropriate field may be substituted for up to two years of the general experience required or high school graduation and seven years of the experience as described in the aforementioned
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 https://studentaid.gov/pslf/
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.
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
622537
Title code
95538
Civil service title
DIRECTOR OF PROPERTY MANAGEMEN
Title classification
Non-Competitive-5
Business title
Executive Director of Small Homes Stabilization
Posted until
2024-03-09
- Manager
Job level
M1
Number of positions
1
Work location
100 Gold Street
- Constituent Services & Community Programs