Senior Compliance Analyst for the Division of Asset Management

About the Agency:

The New York City Department of Housing Preservation (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.
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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 five divisions, which includes the Divisions of Asset Management, Property Management & Client Services, Housing Supervision, Housing Opportunities & Program Services, and Co-op Readiness & Technical Services.

The Division of Asset Management is responsible for ensuring the longevity and affordability of units the agency has created and preserved. Its programs are geared to proactively identify at-risk buildings and portfolios and to stabilize struggling and mismanaged assets. The Division tracks information on the physical and financial condition of properties, as well as oversees compliance with regulatory agreements ensuring affordability. Working with owners, partners, and HPD's Office of Development, the Division helps reposition projects using a variety of approaches including financial assistance, changes in property management and/or ownership.

Your Impact:

As the Sr. Compliance Analyst for the Division of Asset Management/Tax Credit & HOME Compliance Unit (TCHM) you will be responsible for help ensure that the agency meets its compliance monitoring obligations for buildings receiving TC and/or HOME funds and assist in managing and directing the work of the unit to monitor more than 1,800 buildings with approximately 25,000 units of assisted housing


Your Role:

Your role will be to manage the TCHM staff and work directly with property owners, managers, Tax Credit (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. . You will act as direct supervisor of the TCHM team as it conducts 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.

Your Responsibilities:

- Manage a team of approximately eight (8) in the monitoring of projects in the TCHM portfolio.
- 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.
- Conduct TC, HOME and E-rent roll training for staff, building owners and managers
- Update and maintain Access database and produce ad hoc reports.
- Assist the Director with day-to-day operation of the unit.



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.
- Knowledge of Microsoft Access.

1. A baccalaureate degree from an accredited college and two years of experience in community work or community centered activities in an area related to the duties described above; or
2. High school graduation or equivalent and six years of experience in community work or community centered activities in an area related to the duties as described above; or
3. Education and/or experience which is equivalent to "1" or "2" above. However, all candidates must have at least one year of experience as described in "1" above.

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.