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About the Role
This position is with HCR's Housing Trust Fund Corporation (HTFC), a division of New York State Homes and Community Renewal (HCR). The role involves representing the Agency in complex real estate transactions, including construction and permanent lending and mortgage financing of multi-family affordable housing.
Responsibilities
- Work as a real estate transactional attorney within the fast-paced DHCR/HTFC real property unit.
- Represent the Agency in complex construction and permanent lending and mortgage financing of multi-family affordable housing.
- Gain knowledge of state and federal housing programs, statutes, and regulations.
- Apply Private Housing Finance and other applicable laws and rules when negotiating and drafting agreements and legal documents.
- Be assigned projects including State and Federal Low Income Tax Credits (SLIHC/LICH) funding, requiring regulatory agreements, bindings, and carry-over reviews, SLIHC bifurcation and transfer transactions.
- May be assigned other types of transactions such as refinances, workouts, and other portfolio needs.
- May be assigned additional programs and projects as the needs of the unit evolve.
Requirements
- A law degree from an accredited law school.
- Admission to, and member in good standing of, the New York State Bar.
- Two years of relevant post-bar experience.
- Ability to establish effective working relationships.
- Excellent oral and written communication skills.
- Strong analytical and organizational skills.
- Must include a resume with application.
Skills
- Real estate transactional law
- Negotiation
- Drafting agreements and legal documents
- Understanding of state and federal housing programs
- Knowledge of Private Housing Finance law
- Low Income Tax Credits (SLIHC/LICH) funding
- Communication skills
- Analytical skills
- Organizational skills
Location
- New York City
- Albany
- Buffalo
- Syracuse
Work Type
- Hybrid
- Full-time
Experience Level
- Two years of relevant post-bar experience
Education Level
- Law degree from an accredited law school
- Admission to the New York State Bar
Benefits
- Participation in New York State’s Health Insurance Program
- Participation in New York State & Local Employees’ Retirement System
- Promotional opportunities
- 37.5-hour work week
- Opportunity for compressed scheduling
- Paid time off benefits (vacation, sick, personal days, and federal holidays)
- 12 weeks of Paid Parental Leave
- Paid Family Leave
- Potential eligibility for Federal Public Service Loan Forgiveness Program (PSLF)
About the Company
- New York State Homes and Community Renewal (HCR) is the State’s affordable housing agency, with a mission to build, preserve, and protect affordable housing and increase homeownership throughout New York State.
- HCR is committed to fostering a culture of diversity, equity, inclusion, and accessibility.
- The Office of Legal Affairs is the legal unit of the Division of Housing and Community Renewal and is headed by a General Counsel.
- The unit provides legal advice, counsel and representation to all the Agencies' offices and program areas and ensures compliance with federal and state legal mandates.
- HCR is a vibrant, innovative agency that integrates and leverages New York State’s housing resources.
- We have offices in New York City, Albany, Buffalo, and Syracuse, and employ a diverse workforce of professionals who are hard-working and committed to serving low- and moderate-income families.
- Our mission is far-reaching, encompassing single and multifamily housing finance, home improvement, rent regulation, housing subsidies, and community development.
- We partner regularly with a variety of public and private stakeholders.
- We seek to provide a workplace environment that is productive, flexible, accountable, ethical, and caring.
- Our employees are empowered to make a difference where they live and work.
- We offer competitive pay and a comprehensive benefits package, including paid leave, health, dental, vision, retirement, and family-friendly policies.
Equal Opportunity
- New York State is an Equal Opportunity Employer (EOE)