Peddy Ligonde
at New York State Homes & Community Renewal- Claim this Profile
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Bio
Experience
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New York State Homes & Community Renewal
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United States
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Government Administration
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100 - 200 Employee
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Oct 2019 - Present
NYS Housing Finance Agency (HFA)'s mission is to create and preserve high quality affordable multifamily rental housing that serves communities across the State of New York.
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Nov 2013 - Oct 2019
-Monitor asset management functions and compliance of Agency’s existing housing loan portfolio financed under various bond and subsidy programs including the Secured Loan Rental Program, Low Income Housing Tax Credit Program, and HUD Section 8 and 236 programs. Conduct periodic compliance reviews and management evaluations as required by Section 42 of IRS code Interact on daily basis with owners and property managers regarding operation of properties post-closing and during construction. Implement and enforce the Agency’s regulatory requirements regarding financial reporting, lease analysis, and low income set aside requirements. Analyze annual financial statements, income and expense reports, and occupancy to identify potential risk in housing portfolio. Develop action plans to mitigate risk and enhance physical and financial performance of portfolio projects. Conduct meetings with borrowers, managers, other agencies, and professionals on Agency business relating to portfolio projects. Show less
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Civic Builders
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Greater New York City Area
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School Portfolio Manager
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Jan 2013 - Mar 2013
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The Richman Group
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United States
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Real Estate
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100 - 200 Employee
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Sr. Associate
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Nov 2010 - Jan 2013
¨ Provided support for the ongoing oversight of the financial viability and compliance of a portfolio of 165 projects representing over 15,000 units and $1.3 billion in net equity. ¨ Analyzed quarterly and annual financial data during tax and audit seasons for senior management and investors. ¨ Worked intimately with asset manager to identify, evaluate, and mitigate risk factors as it pertains to investor equity. ¨ Coordinated with developers to analyze data during stabilized and lease-up phases in order to report to investors and lenders. ¨ Audited tenant files during annual site visits to ensure compliance with low-income housing tax credit regulations. ¨ Performed annual inspections of properties to assess building conditions and compliance with investor requirements. ¨ Supported asset manager with special projects. ¨ Established viable relationships with project sponsors, lenders, property management companies, and accountants within the affordable housing sector. Show less
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Harlem Congregations for Community Improvement, Inc. (HCCI)
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United States
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Real Estate
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1 - 100 Employee
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Sr. Asset manager
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May 2006 - Nov 2010
•Provided systematic and ongoing oversight of organization’s real estate portfolio of more than 25 affordable housing development entities. •Assisted Property Management in day to day services. •Provided compliance with NYC and NYS regulating agencies and HUD projects in affordable housing reporting requirements and Low Income Tax Credits. •Implemented proactive strategies to resolve operational, fiscal, and non-compliance with low-income housing tax credit requirements. •Established benchmarks and monitor milestones to maximize entire real estate portfolio. •Reported to executive staff on weekly and monthly basis performance trends and goals. •Establish relationships with management agents, housing agencies, lenders, accountants, and syndicators. •Acted as liaison between fiscal and real estate departments. •Actively participated in programs of continuing education from the Consortium for Housing and Asset Management with the goal of final designation of Certified Housing Asset Manager (CHAM) Show less
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Empire State Development
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United States
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Economic Programs
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300 - 400 Employee
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Financial Analyst
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Jan 2002 - May 2006
•Supported economic development and business expansion in the State of New York by providing project team with financial analysis for capital projects. •Strengthened NYS economy through due diligence and financial analysis by assisting staff in the underwriting of loans for projects financed via the New York Job Development Authority (JDA). •Provided financial information at monthly Board meetings. •Supported economic development and business expansion in the State of New York by providing project team with financial analysis for capital projects. •Strengthened NYS economy through due diligence and financial analysis by assisting staff in the underwriting of loans for projects financed via the New York Job Development Authority (JDA). •Provided financial information at monthly Board meetings.
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Project Team Associate
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Jan 2002 - Apr 2002
Project: WTC Business Recovery and Small Firm Retention Grant Programs: funded by a $700 million appropriation to New York State by the US Dept. of Housing and Urban Development (HUD) to provide assistance to businesses adversely impacted as a result of the events on September 11,2001. Project: WTC Business Recovery and Small Firm Retention Grant Programs: funded by a $700 million appropriation to New York State by the US Dept. of Housing and Urban Development (HUD) to provide assistance to businesses adversely impacted as a result of the events on September 11,2001.
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CSFB direct
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Jersey City, New Jersey
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Operations Associate
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Jul 1999 - Oct 2001
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JPMorgan Chase & Co.
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United States
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Financial Services
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700 & Above Employee
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Customer Service-Research and Correspondence
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1996 - 1998
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Education
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Long Island University- Post Campus
MBA, Finance -
State University of New York College at Old Westbury
BS, Management Information Systems, General -
Brooklyn Technical High School
Computer Science