Associate Counsel

Duties and Responsibilities

• Reviewing and negotiating legal documents of SAMU projects undergoing ownership transfers (for example, Year 15 dispositions) and refinancing with non-HCR debt.
• Responding to legal questions and issues in connection with HCR’s affordable housing requirements including amendments and modifications of HCR regulatory agreements of SAMU projects.
• Loan workouts and mortgage/regulatory enforcement of SAMU projects.
• Negotiating and closing certain HCR mortgage loans of affordable housing projects HCR administrative and program matters in connection therewith, and other legal issues that may arise.

Requirements

• Must be admitted to the practice of law in New York State.
• Minimum of five years of experience in providing legal counsel with respect to affordable housing programs, real estate lending or asset management, public finance, and other corporate transactions such as loan workouts and bankruptcy matters; knowledge of affordable housing programs and real estate lending is strongly preferred.
• Experience supervising attorneys or support staff.
• Excellent oral and written communication skills, including attention to detail, a commitment to analytical thinking, and respect for the contributions of colleagues and others.
• Proficiency in Microsoft Office and other standard applications.
• Ability to work independently, manage multiple matters at the same time, and achieve deadlines.

Qualifications

The Associate Counsel position is not subject to civil service rules and does not require a civil service examination. Candidates must meet the minimum qualifications outlined above to be considered.

Benefits

• Extensive benefits package including paid leave, including excellent health, dental, vision and retirement benefits with the New York State & Local Employees’ Retirement System.
• Promotional opportunity for dedicated professionals.
• Work life balance benefits including a 37.5-hour work week and paid time off benefits including vacation, sick, personal days, and Federal Holidays.
• Opportunity for compressed scheduling.
• 12 weeks of Paid Parental Leave.
• Paid Family Leave.
• Opportunity for compressed/flextime scheduling.
• Eligibility for the Federal Public Service Loan Forgiveness Program (PSLF).
• Additional SONYMA/HFA/AHC Benefits: Cash in for Wellness!, Tuition reimbursement program, Vacation Leave Buy-Back program, Plum Benefits, Optical reimbursement program.

About NYS Homes and Community Renewal

NYS Homes and Community Renewal (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. Achieving this mission requires a wide range of skills and backgrounds in public policy, administration, real estate, construction, finance, law, and many other areas of expertise. 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.