Executive Advisor for Finance and Structuring
Apply NowCompany: City Of New York
Location: New York, NY 10025
Description:
Company Description
Job Description
NYCHA is the largest public housing authority in North America, providing housing to over 400,000 residents. Our mission is to enhance the quality of life for New Yorkers by delivering safe, affordable housing and fostering sustainable, equitable communities. As part of our ongoing efforts to revitalize and expand our supply of quality housing, we are seeking an experienced housing finance professional to join the Real Estate Development Department (REDD) and lead initiatives that will create and unlock financial value across NYCHA's portfolio and advance the financing of new developments and the rehabilitation of existing buildings.
The Executive Advisor for Finance and Structuring will play a pivotal role in ensuring that projects align with our agency's mission of providing affordable housing and fostering sustainable communities. The Executive Advisor will work directly with key NYCHA departments and partners to: source capital; structure financially efficient and effective preservation and new construction transactions; assess NYCHA's real estate portfolio for revenue generation opportunities, and assess existing deals for potential refinancings and other opportunities to unlock value.
Key Responsibilities:
-Represent NYCHA in all aspects of efforts to raise capital for rehabilitation projects using PACT and related programs. This task will include helping to structure the solicitation of interest from financial partners, evaluating responses, negotiating with respondents and working with NYCHA's financial advisors to do the same, and assisting in the closing of any successful transactions.
-Structure and negotiate partnerships with private developers, investors, and government entities to deliver high-quality mixed-income housing.
-Lead NYCHA's efforts to Identify and secure public capital and development funding sources.
-Work with external advisors and others to assess NYCHA's portfolio for opportunities to raise capital.
Additional Information
1.NYCHA employees applying for transfer, promotional, title or level change opportunities must have served a period of one year at current location and in current title and level (if applicable).
2.NYCHA residents are encouraged to apply.
3.NYCHA provides benefits that include a choice of medical coverage plans, deferred compensation plans and a defined pension benefit plan as a member of the New York City Employees' Retirement System (NYCERS).
Please read this posting carefully to make certain you meet the minimum qualification requirements before applying to this position.
SPECIAL ASSISTANT TO THE DEPUT - 95725
Qualifications
1.A baccalaureate degree from an accredited college and four (4) years of satisfactory, responsible, full-time experience in a large government agency or business firm with programs in the field of housing, real estate/management, housing construction, engineering or a related field of which at least eighteen (18) months must have been in a responsible administrative, consultative, managerial or executive capacity; or
2.Education and/or experience equivalent to "1" above. However, all candidates must possess the eighteen (18) months of administrative, consultative, managerial or executive experience as described above.
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.
Job Description
NYCHA is the largest public housing authority in North America, providing housing to over 400,000 residents. Our mission is to enhance the quality of life for New Yorkers by delivering safe, affordable housing and fostering sustainable, equitable communities. As part of our ongoing efforts to revitalize and expand our supply of quality housing, we are seeking an experienced housing finance professional to join the Real Estate Development Department (REDD) and lead initiatives that will create and unlock financial value across NYCHA's portfolio and advance the financing of new developments and the rehabilitation of existing buildings.
The Executive Advisor for Finance and Structuring will play a pivotal role in ensuring that projects align with our agency's mission of providing affordable housing and fostering sustainable communities. The Executive Advisor will work directly with key NYCHA departments and partners to: source capital; structure financially efficient and effective preservation and new construction transactions; assess NYCHA's real estate portfolio for revenue generation opportunities, and assess existing deals for potential refinancings and other opportunities to unlock value.
Key Responsibilities:
-Represent NYCHA in all aspects of efforts to raise capital for rehabilitation projects using PACT and related programs. This task will include helping to structure the solicitation of interest from financial partners, evaluating responses, negotiating with respondents and working with NYCHA's financial advisors to do the same, and assisting in the closing of any successful transactions.
-Structure and negotiate partnerships with private developers, investors, and government entities to deliver high-quality mixed-income housing.
-Lead NYCHA's efforts to Identify and secure public capital and development funding sources.
-Work with external advisors and others to assess NYCHA's portfolio for opportunities to raise capital.
Additional Information
1.NYCHA employees applying for transfer, promotional, title or level change opportunities must have served a period of one year at current location and in current title and level (if applicable).
2.NYCHA residents are encouraged to apply.
3.NYCHA provides benefits that include a choice of medical coverage plans, deferred compensation plans and a defined pension benefit plan as a member of the New York City Employees' Retirement System (NYCERS).
Please read this posting carefully to make certain you meet the minimum qualification requirements before applying to this position.
SPECIAL ASSISTANT TO THE DEPUT - 95725
Qualifications
1.A baccalaureate degree from an accredited college and four (4) years of satisfactory, responsible, full-time experience in a large government agency or business firm with programs in the field of housing, real estate/management, housing construction, engineering or a related field of which at least eighteen (18) months must have been in a responsible administrative, consultative, managerial or executive capacity; or
2.Education and/or experience equivalent to "1" above. However, all candidates must possess the eighteen (18) months of administrative, consultative, managerial or executive experience as described above.
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.