Jose Colon

*** ****** **** ~ Cornwall, NY *****

Phone: 845- 476- 6386 abgz8u@r.postjobfree.com

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QUALIFICATIONS

Accomplished, senior level Manager with over 20 years administering

multi-family projects in subsidized and market units. Demonstrated

success in budget control, construction oversight, risk and portfolio

management. Expert in designing and implementing best-practices in

affordable housing non-profit organizations, building strong viable

organizations. Extensive experience in facilitating grant proposals and

obtaining funds for community programs. Excellent communication skills;

ability to interface with diverse groups including government officials,

senior partners, and underprivileged community members. Fluent in

Spanish.

Computer Skills: Microsoft Word, Excel, Yardi, and One Site

CAREER ACHIEVEMENTS

Portfolio Management: Managed Fund of affordable housing projects valued at

over $2B.

Facilitation: Secured quick turnaround of $3M government funding for

Cornell Cooperative Extension program.

Expense Control: Known for using strong negotiation skills, astute

purchasing, and close monitoring to contain costs. Developed organizational

assessments in property operations, energy conservation, and compliance to

define and implement cost effective practices; have saved clients hundreds

of thousands of dollars on multiple, specific projects.

Workout Negotiator: Recognized for developing successful workout strategies

for National Equity Fund's troubled real estate holdings.

Training / Best Practices: Extensive background developing 'best practices'

for nonprofit/affordable housing organizations nationwide and training

staff in compliance and underwriting.

PROFESSIONAL EXPERIENCE

CORNELL COOPERATIVE EXTENSION, Kingston, NY

2007-Present

Project Supervisor

Administer and manage Phase II and III for a CDBG (Community Development

Block Grants) farm working housing projects for the rehabilitation outreach

program serving New York communities.

. Collaborate with government officials to develop needs assessments and

grant proposals in order to obtain ongoing funding and support for the

program.

. Evaluate construction documents and specifications to determine project

scope and assess construction needs.

. Analyze materials and labor, prepare cost estimates, and control

purchasing and expenditures.

. Facilitate efforts to obtain quick government funding and owner

contributions to house farm laborers.

. Implement strategies to keep costs down in order to maximize dollars

through vendor negotiations, project monitoring, and purchasing

oversight.

CITIGROUP, New York, NY

Asset Manager

2009-2010

Provided risk management for a portfolio of loan products and Low Income

Housing Tax Credit Funds. Loan products included both affordable housing

and market facilities. Financial services offered include pre-development,

construction and permanent financing for affordable housing, commercial and

mixed use properties.

. Completed Risk Ratings and Annual Reviews for loans and funds in the

portfolio.

. Processed requests for credit extensions, permanent financing

conversions, and construction draws.

. Monitored LIHTC funds and worked with syndicators to insure compliance to

Fund Agreements.

. Worked with Bankers, Underwriters, Transaction Group, on underwriting of

deals and initial funding.

US HOUSING CONSULTANTS, Epson, NH

2008-2009

Director of Asset Management

Oversee startup and direct operations for consulting firm delivering and

implementing best-practices solutions to non-profit organizations and

property management companies in the affordable housing arena. Created

processes, procedures, and policies for new program.

. Assess client organizational structures and practices to identify

ineffective processes; recommend and implement cost effective systems to

run a viable operation.

. Train all levels of client staff in affordable housing rules,

regulations, industry, compliance, and underwriting.

. Introduce property management companies to energy conservation options

and practices resulting in significant savings.

. Develop operating plans and performance metrics for clients to monitor

ongoing operational viability.

. Serve as ongoing expert for clients to monitor progress, ensure ongoing

compliance, and update on new and pending legislation.

NATIONAL EQUITY FUND, INC., New York, NY 2002-2007

Asset Manager

Monitored General Partners' compliance with partnership agreements valued

up to $500M, including financial reporting, insurance, IRS Section 42, and

Low Income Housing Tax Credit Program.

. Collaborated with General Partners in preparation of project budgets and

annual plans.

. Developed work out strategies for troubled assets.

. Assisted in underwriting new properties including budget projections,

market studies, and other asset

management issues.

. Reviewed and analyzed quarterly reporting and risk ratings of properties,

audited statements, and insured that operations were within underwriting

guidelines and projections.

JOSE COLON Phone: 845-***-**** ~ abgz8u@r.postjobfree.com Page Two

PROFESSIONAL EXPERIENCE, continued

CORNELL COOPERATIVE EXTENSION, Kingston, NY

2001-2003

Project Supervisor

Led startup functions; created processes, policies, and procedures to

administer $2M Community

Development Block Grant (CDBG) providing funding for the rehabilitation of

farm worker housing.

. Performed construction assessments, evaluated work scopes, and prepared

Requests for Proposals(RFPs).

. Reviewed bids and estimates, selected contractors, and provided final

approvals on all construction work.

WESTHAB, INC., Elmsford, NY

1991-1999

Director of Facilities, AVP

Managed Housing Division $7M operation; managed construction projects and

oversaw CapEx (capital budgets and expenditures). Implemented controls,

procedures and methods to insure compliance to strategic mission and goals.

Liaised with community to build positive public relations and support of

organizations efforts.

CAPITAL HOLDING COMPANY, New York, NY

1986-1990

Property Supervisor

Managed a portfolio of 3000 units, including construction projects and

moderate rehabilitation for hundreds of units and building wide systems.

Supervised outside property managers; calculated rents, reviewed tenant

billings and collections, and directed capital improvements. Monitored J-

51 applications of residential apartment buildings.

PROFESSIONAL CONSULTING (CONCURRENT)

US HOUSING CONSULTANTS, Epson, NH

Consultant

Provide consulting and contract services to owners, investors, managers and

non-profit organizations, working with affordable housing programs, in

areas of compliance, staff development, underwriting, and operations.

. Train all levels of client staff in affordable housing rules,

regulations, industry, compliance, and underwriting.

. Prepare affordable housing site staff and properties for Agency

inspections, LIHTC annual reviews, HUD audits.

. Develop operating plans and performance metrics for clients to monitor

ongoing operational viability.

. Serve as ongoing expert for clients to monitor progress, ensure ongoing

compliance, and update on new and pending legislation.

. Perform project levels audit site inspections for LIHTC investors,

including financial reviews, management and file reviews, and market

risks.

QUADEL CONSULTING, INC, Washington, DC

Trainer, Contractor

Facilitate workshops and training in Housing and Urban Development (HUD)

Assisted Housing Programs, Low Income Housing Tax Credit program, and Mixed

Use Financing.

. Develop course outlines and course materials appropriate for target

audience.

. Provide guidance in securing program approval.

. Collaborate with senior management and other trainers on program

curriculum and success.

EDUCATION

MANHATTAN COLLEGE, Riverdale, NY

Master of Business Administration

UNIVERSITY OF PUERTO RICO, Rio Piedras, PR

Bachelor of Science in Political Science

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