Senior Project Manager

Job Description

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 and other City and state agencies.

The Division of Homeownership Opportunities and Preservation (HOP) within the Office of Development 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:

- The HomeFirst down payment assistance program, which provides financial assistance towards down payment and closing costs for first-time homebuyers,

- The Affordable Neighborhood Cooperative Program (ANCP), which works to rehabilitate distressed city-owned occupied multi-family properties to create affordable cooperatives for low- and moderate-income households,

- The Open-Door Program, which funds construction of cooperative and fee simple buildings to low, moderate- and middle-income families,

- Small Homes Rehab, which works to rehab existing public sites and privately owned 1-4 family homes to create affordable homeownership opportunities for low-income residents,

- The Plus One Accessory Dwelling Unit (ADU) program that finances ADU conversions in small homes,

- Home Fix and Project Help programs 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 in New York City in partnership with nonprofit organizations, and special initiatives including Community Land Trusts, the Community Restoration Fund, and other projects designed to support long-term affordable homeownership opportunities through New York City.

Your Impact:

The Division of Homeownership Opportunities and Preservation seeks a Senior Project Manager to support the work of the HomeFirst Program. The HomeFirst Program provides qualified first-time homebuyers with up to $100,000 toward the down payment or closing costs on a 1-4 family home, a condominium, or a cooperative within New York City.

Your Role:

The Senior Project Manager will be responsible for the management of project applications, liaising with program servicer partner agencies, and collaborating across various HPD departments to support the operations of the program. The Senior Project Manager may oversee some of the most complex applications within the HomeFirst portfolio and will be required to understand local and federal funding regulations. This role will also perform specialized program management and administrative functions under the supervision of the HomeFirst Program Director and the Deputy Director.

Your Responsibilities:

- Processing loan application packages by reviewing mortgage and supporting documentation for accuracy, consistency and completeness.

- Performing required due diligence to verify the eligibility of the applicants’ household income, HomeFirst housing inspection report and HomeFirst loan amount, in addition to assessing the primary mortgage underwriting to ensure compliance with HomeFirst Term Sheet and program guidelines.

- Liaising with loan servicers, lenders and counseling partners to obtain missing or updated application documents in order to maintain application package integrity, quality control and compliance.

- Submitting completed and pre-approved application package to Program Director, or Deputy Director, or designee for final approval.

- Conducting pipeline management and tracking of applications within the program portfolio and provide status updates and briefings on deals in-review or processing to Program Director as requested.

- Organizing, filing, maintaining and tracking of homebuyer files in the pre- and post-closing phases, within the HomeFirst Client Management System including assistance with the transfer and/or archiving of program files.

- Assisting in compiling loan application and closing trends data for unit’s reporting needs.

- Performing data entry for homebuyer projects in HUD Disbursement and HPD Works and other internal tracking systems, and generate other ad hoc reports, as assigned.

- Preparing and routing program end loan/enforcement documents to the Program Director, Legal and Executive Office for sign-off.

- Coordinating with loan servicers and bank attorneys to ensure executed enforcement documents are promptly delivered to the project closing, recorded and returned to HPD, post-closing.

- Performing consistent monitoring and follow-up with appropriate parties to en