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The Housing related entities of the Archdiocese include the Association of New York Catholic Homes, Inc., (ANYCH) which provides oversight to Archdiocesan related housing companies, and the New York Institute for Human Development (IHD), which aids in creation, survival, and growth of community-based organizations through a broad range of technical assistance, consulting services and financial support, together operate as Catholic Homes New York (Catholic Homes). Catholic Homes provides over 2,700 affordable housing units throughout the Archdiocese which includes Manhattan, Staten Island, the Bronx, and parts of upstate New York. In addition, approximately 2,000 units are under construction or in the pipeline for new development. Catholic Homes is seeking to fill the Housing Development Associate position currently vacant.

Job Summary: The Housing Development Associate will work with the housing development team in the creation of new affordable housing projects. These teams include the developer, financial consultant, legal counsel, architect, owner's representative, contractors, etc. The Development Associate will assist in managing projects and keeping track of the development process, communicating its progress, identifying issues and concerns, and working to resolve issues as they arise. This is an exciting opportunity to work on all aspects of housing development from concept to occupancy while helping to further our mission to provide the highest quality affordable housing to those most in need. The successful applicant will have demonstrable financial analysis and project management experience and the ability to manage multiple priorities and deadlines. This position requires applicant to work both as part of a team and independently on complex assignments. AU responsibilities will be under the direction of the Senior Director of Development.

Responsibilities:

Feasibility Concept Phase:

• Site - Engage zoning architect to study potential development options.
• Financial - Prepare preliminary pro forma. Engage financial consultant, analyze, and review pro formas, verify assumptions.
• Community Outreach - With the development team, meet with community representatives, parish leadership, and elected officials as needed to assess community needs for new development.
• Government Agencies - Meet with various government housing agencies to present potential projects, secure consent for funding, discuss timing of predevelopment activities up to closing, and follow up throughout predevelopment after initial consent.
• Plan - Develop initial project proposal for review by Catholic Charities and Archdiocesan leadership.

Predevelopment Phase:

• Hire Development Team - Prepare request for qualifications/proposals for development team including consultants, architects, contractors, owners' representatives, and others as needed. Conduct due diligence on development team members. Coordinate the provision of professional services. Review contracts and agreements with team members as necessary.
• Oversee Formation of Proper Governance - Work with the team and counsel to establish advisory and governance boards. Meet with board members and provide staffing to board leadership, follow-up, suggested agendas and reports as needed. Monitor quality of corporate governance and maintain essential documents.
• Financial - Assist in the preparation and submission of applications for financing. Oversee budget and assumptions. Overseeing LIHTC and Bank Loan and L/C process from preparing and reviewing bids and selecting investor/bank.
• Legal - Work with lawyers on legal matters in regard to zoning, ownership structures, and acquisition.
• Design - Work with ANYCH/IHD and project stakeholders on developing the new building's program and space needs, and then conveying this to the architect. Reviewing architectural plans throughout predevelopment and keeping an eye out for cost implications of design decisions.
• Community - Secure letters of support. Serve as internal and external contact for project management.
• Zoning - Work with zoning consultants/lawyers on zoning considerations, i.e. ULURP, minor modifications, and tax lot splits and/or mergers.
• Site - Conduct Environmental Reviews and Studies as needed.
• Initial Project Closing- With legal counsel, ensure all agreements, contracts and commitments and other key documents are in place to secure construction financing.

Development Phase:

• Establish and maintain project schedule and budget.
• Help in managing development team in addressing problems and unforeseen conditions.
• Work with development team to ensure smooth transition to occupancy- utility hook-up, securing permit sign-offs, overseeing marketing and rent-up, ordering furnishing and finishes, etc.
• Other job duties as assigned.

Position Type and Expected Hours of Work:

This is a full-time position. Days and hours of work are generally 9 AM - 5 PM, Monday - Friday (Temporarily Hybrid Remote). Additional weekend and evening hours may be required to meet agency deadlines.

Qualifications:

• Bachelor's Degree required.
• Master's Degree in Real Estate, Planning, or Business, a plus.
• A minimum of 2-3 years of experience in housing or community development, project planning, underwriting and/or construction management.
• Asset management and/or property management experience is preferred.
• Willingness to travel by public transit to both existing housing developments and new construction sites.
• Ability to work well with a diverse group of professionals, excellent written and oral communications skills, and a can-do attitude is required.
• Excellent communication, writing and analytical abilities.
• Deep commitment and understanding of affordable housing.
• Financial analysis and project management experience, and familiarity with subsidized funding programs, a plus.
• Ability to juggle multiple priorities and maintain attention to detail.
• Microsoft Office 365 with outstanding Excel skills required.
• Adobe Creative Suite experience preferred.
• Remote systems literate.

Job Type: Full-time

Pay: $65,000.00 - $100,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Referral program
• Tuition reimbursement
• Vision insurance

Schedule:

• 8 hour shift
• Day shift
• No weekends

Application Question(s):

• Are you fully vaccinated against Covid-19?

Education:

• Master's (Preferred)

Experience:

• housing or community development: 2 years (Preferred)

Work Location: One location

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