Jose Colon
*** ****** **** ~ Cornwall, NY *****
Phone: 845- 476- 6386 ************@***.***
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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-***-**** ~ ************@***.*** 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