Tax Incentives Analyst for the Division of Housing Incentives in the Office of Development

About the Agency:

The New York City Department of Housing Preservation & Development (HPD) promotes quality and affordability in the city’s housing, and diversity and strength in the city’s neighborhoods because every New Yorker deserves a safe, affordable place to live in a neighborhood they love.
• We maintain building and resident safety and health
• We create opportunities for New Yorkers through housing affordability
• We engage New Yorkers to build and sustain neighborhood strength and diversity.

HPD is entrusted with fulfilling these objectives through the goals and strategies of Housing Our Neighbors: A Blueprint for Housing and Homelessness, Mayor Adams’ comprehensive housing framework. To support this important work, the administration has committed $5 billion in new capital funding, bringing the 10-year planned investment in housing to $22 billion-the largest in the city’s history. This investment, coupled with a commitment to reduce administrative and regulatory barriers, is a multi-pronged strategy to tackle New York City’s complex housing crisis, by addressing homelessness and housing instability, promoting economic stability and mobility, increasing homeownership opportunities, improving health and safety, and increasing opportunities for equitable growth.

Your Team:

The Office of Development leads the implementation of the Mayor’s Housing Plan to create or preserve 300,000 units of affordable housing by 2026. This is performed in close collaboration with HPD colleagues, other City and state agencies, and the New York City Housing Development Corporation (HDC).

The Office of Development is composed of eight divisions:
• Division of Building & Land Development Services (BLDS)
• Division of Housing Incentives
• Division of Compliance and Enforcement
• Division of New Construction Finance
• Division of Preservation Finance
• Division of Homeownership Opportunities and Preservation
• Division of Special Needs Housing
• Division of Portfolio Management and Conversions

Your Impact:

The Tax Incentives Program unit within the Division of Housing Incentives, administers a wide variety of tax abatement and exemption programs to facilitate private and publicly-subsidized rehabilitation and new construction and rehab programs throughout New York City. As a Tax Incentives Analyst for the Tax Incentive Program, you will gain invaluable knowledge in one the most complex and sought after tax benefits for new construction and rehabilitated residential buildings.

Your Role:

Under general supervision, the Tax Incentives Analyst will perform responsible work in the review and analysis of 421-a Partial Tax Exemption applications for new residential construction, J-51 tax exemption and abatement for residential rehabilitation or conversion to multiple dwellings and other tax incentive programs. The review regularly involves coordination with the private sector and other city and state agencies.

Your Responsibilities:
• Reviews and assesses applications for completeness and eligibility, and prepares files for supervisory review;
• Conducts research using public and internal databases to validate application information;
• Tracks status of applications and documentation received as well as generates correspondence;
• Identifies and analyzes eligibility issues and troubleshoots applications problems;
• Provides programmatic and technical guidance to filing agents and members of the general public on issues relating to the tax incentive application;
• Provides guidance to junior analyst on program details and application review;
• Monitor and maintain electronic data integrity and status of all assigned applications;
• Maintain complete and organized case files;
• Work with other Division staff to update and maintain tracking and case management systems and to compile Division-wide data for reports to senior managers, the New York City Mayor’s Office and the City Council; and
• Assists senior staff with special projects, as needed.

Minimum Qual Requirements

1. A baccalaureate degree from an accredited college and two years of experience in community work or community centered activities in an area related to the duties described above; or
2. High school graduation or equivalent and six years of experience in community work or community centered activities in an area related to the duties as described above; or
3. Education and/or experience which is equivalent to “1” or “2” above. However, all candidates must have at least one year of experience as described in “1” above.

Preferred Skills
• (1) A baccalaureate degree from an accredited college and two years of experience in community work or community-centered activities in an area related to the duties described above; or (2) high school graduation or equivalent and six years of experience in community work or community-centered activities in an area related to the duties; or (3) education and/or experience which is equivalent to “1” or “2” above. However, all candidates must have at least one year of experience as described in “1” above
• Candidates must have excellent verbal and written communication and strong interpersonal skills;
• Ability to meet deadlines and manage multiple projects in a timely manner and to be a team player;
• Research and analytical skills;
• Keen attention to detail and organizational skills;
• Strong facility with Microsoft Office Suite (Word, Excel, Outlook, PowerPoint)

Additional Information

In addition, the Department of Housing Preservation & Development offers competitive salaries and the following benefits: Generous Pension Plans (The New York Employees’ Retirement System);
401(k) and Roth 457(k) Retirement Savings Programs; U.S. Savings Bonds Flexible Spending Program; Health Benefits, Dental, Vision Coverage, Prescription Drug Program; Training and Professional Development; Opportunity for Scholarship; ‘College Savings Program; Paid Holidays and Generous Annual Leave.

HPD’s vision is to promote strength and diversity in our workforce and an inclusive and equitable work environment.

To Apply

Apply Online.

Public Svc Loan Forgiveness
As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education’s website at StudentAid.gov/PSLF .

Work Location

100 Gold Street, New York, NY 10038

Residency Requirement

New York City residency is generally required within 90 days of appointment. However, City Employees in certain titles who have worked for the City for 2 continuous years may also be eligible to reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. To determine if the residency requirement applies to you, please discuss with the agency representative at the time of interview.

POSTING DATE
07/14/2023
POST UNTIL
08/13/2023

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual’s sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.

Job Category
Accounting and Finance
Job Type
unspecified
Salary
USD 70,000.00 - 77,500.00 per year
Country
United States
City
NYC
Career Level
unspecified
Company
City of New York
JOB SOURCE
https://a127-jobs.nyc.gov/psc/nycjobs/EMPLOYEE/HRMS/c/HRS_HRAM_FL.HRS_CG_SEARCH_FL.GBL?Page=HRS_APP_JBPST_FL&Action=U&FOCUS=Applicant&SiteId=1&JobOpeningId=593245&PostingSeq=1