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Open nowPosted 9 hours ago

Director, Tax Credit & Home Compliance

City of New York1,618 open roles

Where
New York City, NY, United States
Work mode
On site
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Your applicationOpen nowDirector, Tax Credit & Home ComplianceCity of New York · New York City, NY, United States

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The clock on this job

Early applications get read.

12.4% of postings close within 7 days. Measured by our own scanner across the market. City of New York postings stay open a median of 43 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.4%7 days
  4. 20.0%14 days
  5. 35.5%30 days
  6. 58.6%60 days
This job: posted 9 hours ago

City of New York median: 43 days open

The posting

Job Description

About the Agency: The Department of Housing Preservation and Development (HPD) oversees housing standards across all 3.7 million homes in New York City.

As the nation’s largest municipal housing agency, HPD is responsible for building and preserving affordable housing, protecting tenants from harassment and displacement, and holding landlords accountable across the five boroughs. Under Commissioner Dina Levy and the Mamdani Administration, HPD is pursuing an ambitious housing agenda focused on the needs of New York’s tenants. With a broad set of tools including standards enforcement, tenant resources, and the creation of new affordable housing, HPD is committed to making New York City a more affordable place for renters and homeowners alike.

Your Team:

The Office of Asset and Property Management (APM) leads the agency’s effort to protect the City’s investment in affordable housing and ensure that properties remain stable and affordable over the long-term. APM actively monitors the performance and regulatory compliance of projects sponsored, supervised, and owned by the City, and connects people to affordable housing opportunities.

The Office of Asset and Property Management (APM) is composed of three divisions, which includes the Divisions of Asset Management, Property Management and Housing Supervision.

The Tax Credit and Home Compliance unit monitors housing projects developed or preserved over the last 20 years that were financed with federal Low Income Housing Tax Credits (LIHTC) and/or HOME. The use of such funds involves extensive regulatory requirements and the monitoring of an owner’s compliance with those regulations. On a yearly basis the team examines rent-rolls to ensure that rents and incomes are within the prescribed limits, conducts site visits to audit tenant files, works with Code Enforcement to assess the physical condition of the apartments, while also following up on any non-compliance related to previous years.

Your Impact:

As the Director of TCHM within the Division of Asset Management, you will oversee the compliance monitoring of projects receiving TC and/or HOME funding through HPD. You will supervise the TCHM team in conducting annual oversight of a portfolio of properties to ensure that owners meet their affordable housing obligations in accordance with the rules of the TC and HOME programs, including those relating to tenant income restrictions, rent limits, and housing quality standards. You will also work with colleagues in the Division of Asset Management’s Asset Management Unit and in HPD’s Office of Development to provide information and feedback regarding the compliance records of property owners who are subject to TCHM oversight.

Your Role:

Your role as Director will be to work directly with property owners, managers, TC syndicators, and other internal and external partners to promote and ensure the responsible ownership of a portfolio of TC- and/or HOME-assisted affordable rental housing projects.

Your Responsibilities:

- Directly manage a team of approximately thirteen (13) in the monitoring of projects in the TCHM portfolio. - Provide leadership and guidance to help shape both the day-to-day and long-term work of TCHM. - Proactively identify areas for process improvement. - Communicate regularly with HPD’s Asset Management Unit and Office of Development to provide information and feedback on the compliance performance of various property owners and managers. - Work directly with property owners and managers to highlight compliance issues and address/correct instances of noncompliance with TC and/or HOME rules. - Master the federal rules and HPD policies governing both the TC and HOME programs, ensuring that TCHM’s work is completed accurately and timely, ensuring policies and procedures are followed, resolving conflicts between programs, communicating with and resolving issues with building owners and business partners. - Oversee the Access data system that is used for tracking and reporting on compliance issues, as well as for work management and planning.

Preferred skills

- Demonstrated ability to effectively manage a team working on complex issues. - Project and interpersonal management skills, including planning, communication, prioritization, and delegation. - Knowledge of affordable housing and of TC and HOME rules and regulations. - Experience interpreting regulations and legal documents. - Knowledge of Microsoft Access.

ADM MANAGER-NON-MGRL FRM M1/M2 - 1002C

Qualifications

1. A baccalaureate degree from an accredited college and four years of satisfactory, full-time progressively responsible clerical/administrative experience requiring independent decision-making concerning program management or planning, allocation for resources and the scheduling and assignment of work, 18 months of which must have been in an administrative, managerial, executive or supervisory capacity. The supervisory work must have been in the supervision of staff performing clerical/administrative work of more than moderate difficulty; or 2. An associate degree or 60 semester credits from an accredited college and five years of satisfactory, full-time progressively responsible experience as described in "1" above, 18 months of which must have been in an administrative, managerial, executive or supervisory capacity. The supervisory work must have been in the supervision of staff performing clerical/administrative work of more than moderate difficulty; or 3. A four-year high school diploma or its educational equivalent and six years of satisfactory, full-time progressively responsible experience as described in "1" above, 18 months of which must have been in an administrative, managerial, executive or supervisory capacity. The supervisory work must have been in the supervision of staff performing clerical/administrative work of more than moderate difficulty; or 4. Education and/or experience equivalent to "1", "2" or "3" above. However, all candidates must possess the 18 months of administrative, managerial, executive or supervisory experience as described in "1", "2" or "3" above. Education above the high school level may be substituted for the general clerical/administrative experience (but not for the administrative, managerial, executive or supervisory experience described in "1", "2" or "3" above) at a rate of 30 semester credits from an accredited college for 6 months of experience up to a maximum of 3½ years.

Additional Information

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.

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