Legal Associate for Housing Initiatives

1 week ago

Albany, New York, United States New York Housing Trust Fund Full time
Position Overview

Potential for Hybrid Work Environment

The New York Housing Trust Fund is dedicated to enhancing affordable housing solutions and promoting homeownership across New York State.

No Civil Service examination is necessary for this role. Candidates must fulfill the minimum qualifications detailed below to be eligible.

This role is under the auspices of the Housing Trust Fund Corporation (HTFC). HTFC operates as a public benefit corporation affiliated with the New York State Housing Finance Agency, focusing on community development through the construction, revitalization, and preservation of low-income housing, business development, job creation, and public infrastructure.

Legal Affairs Office serves as the legal department within the Division of Housing and Community Renewal, led by a General Counsel. This unit provides legal guidance, representation, and ensures adherence to federal and state legal requirements across all agency offices and program areas. The primary functions are categorized into four key areas: General Law, Litigation, Hearings, and Transactions.

Position Summary:

The Associate Attorney will contribute as a key member of a dynamic transactional real estate practice, representing the agency in intricate construction financing and mortgage refinancing for multi-family affordable housing projects.

Key Responsibilities:

  • Possess a comprehensive understanding of state and federal housing programs, be well-versed in relevant statutes and regulations, and adept at applying these laws when negotiating and drafting agreements, legal contracts, and documents for various program areas related to capital development, community renewal, and housing preservation.
  • Oversee a portfolio of ongoing projects requiring refinancing, workouts, or restructuring, as well as finance and development initiatives, and conduct document reviews for closing.
  • Support program staff in formulating and executing enforcement policies as needed for the agency units served.
  • Supervise attorneys and/or legal personnel while assisting in the allocation of refinancing assignments within the HTFC portfolio.
  • Handle confidential materials and aid in the implementation of policies and procedures pertinent to various funding sources.

Minimum Qualifications:

  • Admission to the New York State Bar and a minimum of four years of legal practice experience.
  • Additional expertise in public policy, administration, real estate, finance, procurement, the NYS Freedom of Information Act, and supportive housing will be advantageous.

This job description is not exhaustive, and the employee may be expected to perform other related duties as assigned.

Benefits Offered by NYSHCR:

  • Comprehensive benefits package including paid leave, excellent health, dental, vision, and retirement benefits through the New York State & Local Employees' Retirement System.
  • Opportunities for professional advancement for committed individuals.
  • Work-life balance benefits, including a 37.5-hour work week and paid time off for vacation, sick leave, personal days, and Federal Holidays.
  • Options for compressed work schedules.
  • 12 weeks of Paid Parental Leave.
  • Paid Family Leave.

About the New York Housing Trust Fund:

Under the guidance of state leadership, the Housing Trust Fund is a progressive agency that consolidates and optimizes New York State's housing resources. We employ a diverse group of professionals dedicated to serving low and moderate-income families. Our mission encompasses a wide array of housing finance activities, home improvement initiatives, rent regulation, housing subsidies, and community development. We frequently collaborate with various public and private stakeholders.

To achieve our mission, we require a diverse skill set in public policy, administration, real estate, construction, finance, law, and other areas of expertise. We strive to create a productive, flexible, accountable, ethical, and supportive workplace environment. Our employees are empowered to make a meaningful impact in their communities. We offer competitive compensation and a comprehensive benefits package, including paid leave, health, dental, vision, retirement, and family-friendly policies.

Applicants are encouraged to submit a resume and cover letter.

The New York Housing Trust Fund is an Equal Opportunity Employer (EOE).

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