Director of Affordable Housing - New York, NY at Rose Associates Inc. | NY, US | Rezi

Director of Affordable Housing - New York, NY at Rose Associates Inc.

Director of Affordable Housing - New York, NY

Rose Associates Inc. · NY, US

1 weeks ago

Director of Affordable Housing - New York, NY

Rose Associates Inc. · NY, US

10 days ago
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About the Role

Oversee a rapidly growing Affordable Housing portfolio, manage team members, and ensure residents receive the highest level of customer service while maintaining compliance. This role requires a deep understanding of Affordable housing policies, HAP payment processes, and a commitment to social equity.

Responsibilities

  • Oversee and manage the day-to-day operations of a diverse affordable housing portfolio, ensuring operational efficiency, resident satisfaction, and regulatory compliance.
  • Ensure compliance with all local, municipal, state, and federal affordable housing regulations, including recertifications, leasing, occupancy, income verification, reporting, and file management requirements.
  • Oversee compliance activities related to LIHTC, HOME, Project-Based Section 8, Housing Choice Voucher (Section 8), CityFHEPS, FHEPS, HASA, supportive housing, and other rental assistance and subsidy programs.
  • Maintain a thorough understanding of all governing policies, procedures, and reporting requirements established by agencies including NYCHDC, HPD, NYCHA, NYSHCR, HUD, and other federal, state, and local regulatory entities.
  • Prepare and review owner, investor, lender, syndicator, and agency reporting packages, including operational, financial, compliance, and occupancy reports.
  • Coordinate compliance audits, management reviews, physical inspections, file reviews, and agency monitoring visits, ensuring timely corrective action and resolution of findings.
  • Collaborate with property managers to optimize daily operations, implement financial strategies, control expenses, analyze monthly financial performance, and achieve portfolio goals.
  • Proactively manage assigned communities through regular site visits, inspections, file audits, and operational reviews.
  • Develop and implement compliance controls, procedures, and monitoring systems to mitigate risk and maintain audit readiness.
  • Cultivate and maintain strong working relationships with government agencies, developers, investors, syndicators, lenders, nonprofit organizations, and other affordable housing stakeholders.
  • Provide leadership, training, mentoring, and performance management to regional and site-level team members.
  • Deliver effective leadership and foster a collaborative, high-performing work environment focused on accountability and continuous improvement.
  • Be present in corporate offices and on-site communities as needed, with the ability to travel throughout the portfolio and effectively communicate with residents, staff, vendors, ownership representatives, and regulatory agencies.
  • Collaborate across departments to achieve operational, financial, compliance, and resident service objectives.

Requirements

  • Bachelor's or Master's Degree in Business, Real Estate, Finance, Accounting, Public Administration, Housing, Urban Planning, Psychology, or a related field required.
  • Minimum of 7-10 years of affordable housing property management experience, including multi-site portfolio oversight.
  • Strong working knowledge of HOME, Project-Based Section 8, Housing Choice Vouchers (Tenant-Based Section 8), CityFHEPS, FHEPS, HASA, supportive housing, Mitchell-Lama, Section 236, and other federal, state, and local affordable housing programs.
  • Extensive experience administering and ensuring compliance with LIHTC programs.
  • Affordable housing certifications preferred and/or required, including HCCP, C3P, COS, TCS, SHCM, or equivalent industry-recognized credentials.
  • Demonstrated expertise interpreting and administering Regulatory Agreements, Extended Use Agreements, HAP Contracts, Regulatory Restrictions, and agency policies and procedures.
  • Deep familiarity with affordable housing regulatory agencies including NYCHDC, HPD, NYCHA, NYSHCR, HUD, HCR, and related oversight entities.
  • Demonstrated experience preparing, reviewing, and presenting compliance reports, occupancy reports, agency submissions, investor reporting packages, audit responses, and management review documentation.
  • Proven success managing affordable housing compliance programs, agency audits, recertifications, lease-up activities, occupancy requirements, budgeting, staffing, risk management, and operational performance.
  • Strong analytical skills with the ability to review compliance data, identify risks, implement corrective actions, and monitor portfolio performance.
  • Excellent communication, presentation, and interpersonal skills, with the ability to build relationships across diverse stakeholder groups.
  • Experience working with government agencies, community partners, advocacy organizations, and affordable housing stakeholders.
  • Proficiency in Microsoft Office Suite and property management software platforms, including Yardi, and related affordable housing compliance systems.
  • Valid NYS Real Estate License, or ability to obtain one within 120 days of employment.
  • Work authorization required.

Skills

  • Affordable Housing Compliance
  • HAP Payment Processes
  • Social Equity
  • LIHTC
  • HOME
  • Project-Based Section 8
  • Housing Choice Voucher (Section 8)
  • CityFHEPS
  • FHEPS
  • HASA
  • Supportive Housing
  • Rental Assistance Programs
  • Subsidy Programs
  • NYCHDC
  • HPD
  • NYCHA
  • NYSHCR
  • HUD
  • Regulatory Agreements
  • Extended Use Agreements
  • HAP Contracts
  • Microsoft Office Suite
  • Yardi
  • Property Management Software

Location

  • New York City

Work Type

  • Onsite
  • Hybrid

Experience Level

  • 7-10 years

Education Level

  • Bachelor's Degree
  • Master's Degree

Salary/Compensations

  • $160,000 - $180,000

Benefits

  • Significant incentive pay
  • Full benefits packages

About the Company

  • Rose Associates' dynamic services platform spans development, management, leasing, and marketing, catering to private and institutional property owners globally.
  • Established in 1925, Rose Associates boasts almost a century of New York real estate expertise, continuously expanding across the tri-state area.
  • Rose Associates is where excitement meets opportunity!