Director of Affordable Housing Development
UHAB is seeking the right candidate to fill the position of Director of Affordable Housing Development. Since 2001, UHAB’s development group has taken on the acquisition, financing, rehabilitation, and cooperative homeownership conversion of 97 buildings containing over 1,500 apartments. The Director of Affordable Housing Development will not only act as a project manager but will also have a unique opportunity to expand UHAB’s role as a developer of shared-equity housing cooperatives.
Real estate development is a vital part of UHAB’s mission. Since our founding at the Cathedral of St. John the Divine more than 47 years ago, UHAB has been assisting tenants and low-income New Yorkers to become part of their own housing solutions. Whether as homesteaders using their own sweat equity to rehab a vacant distressed building; or as a group of tenants in a tax foreclosed city-owned property to take over the management and eventually ownership as an affordable cooperative; or as residents in a building owned, managed and rehabbed by UHAB that is being converted to their co-operative; or as tenants in a building in foreclosure, organized by UHAB housing advocates to choose how their building will be owned and redeveloped — each of these circumstances is an instance of a successful housing solution based on UHAB’s founding principle of self-help.
About the Organization
UHAB, Urban Homesteading Assistance Board, supports affordable housing and self-reliance by organizing, developing and supporting low-income resident-controlled housing cooperatives. UHAB’s activities include: advocacy, organizing, classroom and on-site training, direct technical assistance, development consulting, development and sponsorship of new co-ops, and services to member co-ops that include bookkeeping, insurance, legal services, fuel and other bulk purchasing, newsletters, seminars and online information. UHAB is committed to an egalitarian culture which values individual initiative and the principle of self-help. All of UHAB’s organizing, development and cooperative support services are also the work of our management team whose members participate actively in financial planning and are accountable for the financial performance of the organization. The Director of Affordable Housing Development is a senior position and member of the management team.
UHAB is seeking an individual with a unique skill set that includes the ability to function as an independent problem solver as well as a member of a team of colleagues – including executive staff, lawyers, trainers and organizers, who are necessary to the process of creating strong and successful affordable housing. Please apply if you find this opportunity intriguing.
At the present time, UHAB’s development portfolio consists of 22 buildings with over 500 units. Of these, 19 of the 22 buildings have completed construction and are in the process of co-op conversion. UHAB is responsible for all aspects of the pre-development, development, rehabilitation and co-op conversion of the projects. However, UHAB is neither a construction contractor nor a property manager, but rather retains third party, like minded companies to this work. The challenge facing UHAB’s next Director of Affordable Housing Development is to oversee the pre-development process, construction completion of the buildings, and to provide financial analysis for the permanent financing and cooperative conversion. In addition, the Director of Affordable Housing Development will oversee all of UHAB’s future direct and indirect real estate development activities including the acquisition and management of new projects while supervising the necessary staff for implementation of a strategic plan.
Specific responsibilities include:
- Draft all aspects of the development budgets and project plans, including; Oversight of construction contractors; project schedule (including tracking milestones) for all aspects of the development; development budgets; sources, uses and settlement statements; mortgage analysis; proposed operating budgets and schedule of maintenance charges; affordability plans
- Maintain positive working relationships with, and coordinate the activities of all key players in the development process, which include: internal stakeholders such as: organizers, relocation specialists, clerk of the works, trainers, fiscal officers, tax abatement staff and attorneys, external stakeholders such as: residents, government agencies (e.g. HDC, HUD, and HPD, including DAMP, BLDS, Finance), architects, general contractors and property managers
- Negotiate construction and permanent loan terms and agreements with government agencies, lenders, and other funders to finalize the financial terms and conditions of the development project.
- Work with HPD BLDS, the project architect, clerk of the works, and residents to define the rehabilitation scope of work.
- Work with the Fiscal Department to process all payments, construction requisitions and monitor expenses against the development budget.
- Attend construction progress and requisition site meetings with project architect, general contractor and resident association construction committees.
- Oversee the work of property managers before, during, and after construction.
- Track progress against milestones, prepare monthly progress reports and lead internal UHAB team meetings with all relevant UHAB team members.
- Oversee the work of consultant and third party contractors.
- Respond timely and accurately to requests for information from government agencies, lenders, UHAB colleagues, and residents.
- Meet frequently with contractors, resident associations and committees at all stages of the development process.
The Director of Affordable Housing Development must be a team player with a willingness to explore new and innovative ways of approaching the development process, including ways that promote a self-help ethos as a means of empowering residents. The ideal candidate will have the following qualifications:
- Knowledge of, or demonstrated expertise in, construction management and oversight, including the development of appropriate scopes of work, timetables, and cost estimates;
- A strong background in affordable housing finance, experience with self-help cooperative housing is a plus;
- Experience or knowledge of the development process, including specific programs such as Tenant Interim Lease (TIL), Affordable Neighborhood Cooperative Program (ANCP), Third Party Transfer (TPT), Inclusionary Housing and Homesteading programs;
- Strong quantitative analysis and computer skills;
- Excellent negotiation skills, and the ability to communicate effectively with the diverse group of actors in the development process, including architects, engineers, contractors, bankers, government officials, and residents.
- Very high level of energy and the willingness to travel throughout the City to visit projects;
- Ability to work both as part of a team, as well as a team leader, in an environment that values and requires openness, transparency and information sharing;
- Ability to think creatively and a strong interest in finding new ways to improve organizational performance;
- Persistence and optimism in the face of obstacles;
- Is an excellent “multi-tasker” who can keep track of a number of projects simultaneously;
- Is able to work in a highly organized and efficient manner, and produce a work product that is accurate and reliable.
- Has a strong commitment to public service.
- Can derive job satisfaction from serving and supporting UHAB’s programmatic staff and activities.
- Personal qualities of integrity, credibility, and dedication to UHAB’s mission.
- Handles pressure well, with nerves of steel and a sense of humor.
- Conversational Spanish a plus.
UHAB’s work is carried out at our office in Lower Manhattan by 32 dedicated staff members. The Director of Affordable Housing Development will report to directly to UHAB’s Executive Director. Please note, our staff is currently working remotely due to COVID-19. We expect to eventually return to the office.
Commensurate with experience.
Email (as attachments) a cover letter including salary expectation and/or current salary and resume to: email@example.com
UHAB is an equal opportunity employer.