Preservation Finance Specialist

3 weeks ago


New York, New York, United States New York State Housing Finance Agency Full time
Job Description
We are seeking an experienced Senior Underwriter to join our team at the Office of Multifamily Finance & Development. As a key member of our team, you will be responsible for all aspects of financial and project management for assigned multifamily rental projects. This includes financial underwriting of construction and permanent financing utilizing HCR subsidy, as well as assisting in coordinating internal approvals for transactions, preparing written materials for presentation to Credit Committee, and working with the Legal team to prepare for closings.

The ideal candidate will have a strong background in multifamily real estate lending and/or development, with a minimum of 4+ years of relevant experience. Your expertise in Excel loan modeling and financial concepts will be essential in evaluating feasibility and eligibility of project proposals. You will also work closely with developers, lenders, and other stakeholders to ensure successful project completion.

The salary range for this position is approximately $110,000-$140,000 per year. In addition to your annual salary, you will also receive an extensive benefits package, including paid leave, excellent health, dental, vision, and retirement benefits, as well as promotional opportunities for dedicated professionals.

What We Offer
We offer an exciting opportunity to join a dynamic team dedicated to fostering a culture of diversity, equity, inclusion, and accessibility. If you are passionate about affordable housing and possess excellent relationship management, analytical, and negotiation skills, we encourage you to apply.

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