Deputy Director for the Division of Housing Incentives, Inclusionary Housing, Universal Affordability Program

Job Description

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 implementation of the Mayor’s Housing Plan to create or preserve 300,000 units of affordable housing by 2026. This is performed in close collaboration with HPD colleagues, other City and state agencies, and the New York City Housing Development Corporation (HDC).

The Office of Development is composed of nine divisions:

- Executive Office Operations and Policy
- Division of Compliance and Enforcement
- Division of Housing Incentives
- Division of Building & Land Development Services
- Division of New Construction Finance
- Division of Homeownership Opportunities & Preservation
- Division of Preservation Finance
- Division of Special Needs Housing
- Division of Portfolio Management and Conversion

Your Impact:

The Inclusionary Housing (“IH”) Program, operating within the Office of Development’s Division of Housing Incentives, administers the Universal Affordability Program (UAP), 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 City of Yes for Housing Opportunity.
The IHnclusionary 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 Deputy Director of Inclusionary Housing to help meet the agency’s goals effectively.

Your Role:

Under the direction of the Director of Inclusionary Housing, Universal Affordability Program and g and the Assistant Commissioner of Housing Incentives, the Deputy Director guides and oversees all Inclusionary Housing transaction activities, with a focus on UAP. The Deputy Director is responsible for managing a portfolio of projects from pre-development through completion of construction, in order to facilitate the development of permanently affordable housing that is financially feasible and compliant with the New York City Zoning Resolution. To do so, the Deputy Director will also assist in supervising a team of Project Managers and Senior Project Managers, including several recent hires, and in interacting with a variety of public and private partners on complex multi-family real estate transactions. The Deputy Director of IH should be an individual with specialized planning, zoning, policy, analytical, underwriting and negotiating skills, essential to supporting the division in addressing the increased volume of requests to perform complex financial analyses on private re-zonings and special projects that are seeking City subsidy.

Your Responsibilities:

- In collaboration with the Director of Inclusionary Housing, UAP, Assistant Commissioner and senior management, oversee the development and implementation of Inclusionary Housing programs to meet the goals of Housing Blueprint, Mayor’sCity of Yes for Housing Opportunity and other initiatives Housing Blueprint and other initiatives.
- Oversee and manage transactions in the IH Program pipeline, and ensure timely reviews, efficient closings and completions, operational effectiveness, and compliance with regulations, policies and procedures.

- Oversee as