Careers at HDC

The New York City Housing Development Corporation (HDC) is a public benefit corporation and the nation’s largest municipal Housing Finance Agency.  HDC’s programs support the construction and preservation of multi-family affordable housing in New York City.

HDC is an Equal Opportunity Employer
 

Available Positions:

Project Manager, Preservation Finance
Associate Director, Policy & Portfolio Analytics
Project Manager, Engineering & Architecture
Database Administrator (DBA)
Portfolio Analyst
Administrative Assistant
Compliance Specialist
Communications Specialist

 

 

Project Manager, Preservation Finance

Area of Talent:  Finance/Real Estate Lending/Affordable Housing
Position Type:  Full Time/Exempt
Location:  NYC/Wall Street Area

Position Summary:

The Project Manager, Preservation Finance reports to the Vice President, Asset Management and is responsible for originating and underwriting mortgage loans using funds raised through bond issuances and/or allocations of corporate reserves to preserve and rehabilitate affordable housing developments in HDC’s portfolio.

Job Responsibilities:

  • Underwrite mortgage loans (analyze loan proposals; review due diligence materials; prepare spreadsheets outlining each proposal; prepare credit memos; present loans to HDC’s Credit Committee and Board for approval).
  • Coordinate mortgage loan closings with internal and external parties, including developers/borrowers, other governmental agencies, bankers, bond underwriters and tax credit syndicators.
  • Manage relationships with current and prospective developers/borrowers.
  • Manage communications with resident organizations and local officials.
  • Prepare management reports and loan tracking information.
  • Assist in evaluating and/or formulating affordable housing program and policy initiatives.

 

Required Qualifications:

  • Bachelor’s degree with substantial course work/credits specific to finance, and/or real estate.
  • Demonstrated interest in affordable housing.
  • Minimum of 2 years of relevant experience in real estate lending, and/or development.
  • Proficiency in creating mortgage loan models and financial concepts.
  • Strong interpersonal, verbal, and written communication skills, and the ability to build relationships with staff, executives and external partners.
  • Strong organizational skills with excellent attention to detail.

 

Preferred Qualifications:

  • Graduate degree in related field a plus.
  • Knowledge of Federal, New York State, and New York City affordable housing programs and the development process is a plus.

 

Submitted resumes must be accompanied by a cover letter that includes salary requirements.

Please email your cover letter and resume to jobs@nychdc.com or fax to (212) 227-6893. 

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer

 


 

Associate Director, Policy & Portfolio Analytics

Area of Talent: Quantitative and Qualitative Analysis/Affordable Housing
Position Type: Full Time/Exempt
Location: NYC/Wall Street Area

Position Summary: 

The Associate Director – Policy & Portfolio Analytics reports to the Chief Credit Officer and helps shape and implement HDC priority projects and special initiatives that address the most critical housing policy issues facing HDC and the City, working in partnership with various city agencies, including the NYC Department of Housing Preservation and Development (HPD). HDC is seeking an experienced professional with strong analytic skills (to work on projects independently), as well as strong leadership and organizational skills to manage time-sensitive team projects requiring the contributions of assigned subject matter experts from HDC’s various other departments, as needed.

Job Responsibilities:

  • Define and manage a pipeline of analytic and development projects.
  • Work with senior staff and colleagues across departments to define and structure both discrete tasks and long-term projects, through coordination and supervision of project teams.
  • Help to define project work plans, including crafting and digging into analysis of data and written communications, preparing and reviewing draft deliverables, and ensuring client readiness of materials.
  • Review and analyze City, State and Federal policies and proposals, underwriting standards, development costs, land valuations, affordability, real estate tax benefits, and any other pertinent affordable housing issues.
  • Provide general coaching on project direction and management to colleagues assigned to particular team projects.
  • Ensure frequent and consistent communication of project status and issues on behalf of the team to the Chief Credit Officer and other key stakeholders.
  • Undertake special projects/initiatives as requested.

 

Required Qualifications:

  • Bachelor’s degree in a relevant field such as Business Administration, Public Administration, Economics, or Urban Planning.
  • At least five years of professional experience related to housing, urban policy, planning, real estate, fiscal and economic impact analysis, economic development and/or a related field working in affordable housing policy, management, program evaluation, or similar capacity.
  • Advanced experience performing and/or analyzing the financial underwriting of real estate transactions.  High degree of proficiency with Microsoft Word, Excel, PowerPoint, and Outlook, including complex financial modeling
  • Professional experience managing teams and indirect reporting relationships.
  • Demonstrated experience managing proprietary information with integrity and public policy considerations with sensitivity.
  • Advanced skill and experience in executing and leading analysis-oriented projects and managing time-sensitive deadlines. 

 

Preferred Qualifications:

  • Graduate degree in a relevant field (such as Business Administration, Public Administration, Urban Planning, etc.)

 

Submitted resumes must be accompanied by a cover letter that includes salary requirements.

Please email your cover letter and resume to jobs@nychdc.com or fax to (212) 227-6893.

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer

 


Project Manager, Engineering & Architecture

Area of Talent: Engineering/Affordable Housing
Position Type: Full Time/Exempt
Location: NYC/Wall Street Area

Position Summary: 

The Project Manager, Engineering & Architecture position reports to the Assistant Vice President in the Asset Management Department. This position performs physical inspections, design reviews, rehabilitation plan and cost review, and construction monitoring of occupied rehabilitation projects to preserve the integrity of HDC’s portfolio of affordable multi-family housing developments.

Job Responsibilities:

  • Analyze and assess building conditions, maintenance practices, energy efficiency, storm resiliency, construction plans, rehabilitation costs, and progress.
  • ​Prepare written reports to management and ownership with findings and recommendation.
  • Review owner responses to findings and determine the feasibility of the proposed remediation.
  • Participate in evaluating initiatives and policies affecting the physical strength of  HDC’s portfolio.
  • Participate and represent HDC in meetings with borrowers, business partners and other agencies.
  • Frequent travel throughout the five boroughs of New York City.

 

Required Qualifications:

  • Bachelor’s degree in engineering, architecture, or construction management.
  • Knowledge of NYC building codes, multi-family residential construction, HVAC, plumbing  and building conveyance systems.
  • Strong interpersonal, verbal and written communication skills.
  • Proficiency in Microsoft Office productivity tools.

 

Preferred Qualifications:

  • Relevant experience (2 to 5 years preferred, but recent graduate will be considered).
  • NYS licensed PE or RA, LEED, BPI or CEM certification.
  • Knowledge of Federal State and New York City affordable housing programs.
  • NYS driver’s license preferred, but not required.

 

Submitted resumes must be accompanied by a cover letter that includes salary requirements.

Please email your cover letter and resume to jobs@nychdc.com or fax to (212) 227-6893.

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer

 


 

Database Administrator (DBA)

Area of Talent: Information Technology/Affordable Housing
Position Type: Full Time/Exempt
Location: NYC/Wall Street Area

Position Summary: 

The Database Administrator (DBA) reports to the Assistant Vice President (AVP), Network Operations and is responsible for all mission-critical Oracle and SQL server environments providing support for testing and production environments. The DBA also provides strategic direction to HDC by researching, testing and implementing new technologies and system architectures.

Job Responsibilities:

  • Perform system administration including daily maintenance, monitoring, problem resolution, tuning, uptime, security, and coordination of the database and application upgrades.
  • Monitor and maintain database security and database software.
  • Provide support for the production and test environments.
  • Communicate regularly and effectively with internal IT partners and HDC non-technical end users to ensure system understanding and compliance.
  • Perform system backup and recovery (RMAN).
  • Perform root cause analysis of production-related database issues.
  • Test, validate and implement performance and resource solutions.
  • Be “on-call” for production databases on a rotation basis.
     

Required Qualifications:

  • A Bachelor’s Degree in Computer Science or equivalent combination of technical education and experience.
  • Seven or more years of Oracle DBA experience.
  • High availability of Oracle and Microsoft SQL server systems. Maintenance, configuration, troubleshooting and developing on both Oracle Enterprise Linux and Windows platforms.
  • High level of proficiency with tuning tools including TKPROF and Statspack.
  • In-depth knowledge and experience in the Oracle Financial Suite of applications and upgrade paths.
  • Demonstrated knowledge and experience in Oracle and SQL database monitoring tools in virtualized, as well as physical environment installations.
  • Experience in backup and recovery (RMAN and database hot backups).
  • Working knowledge and implementation of disaster recovery solutions for all database systems to ensure business continuity.
  • Working knowledge of tuning tools such as TKPROF and STATSPACK.
  • Ability to work well with others and complete tasks with minimal supervision.
  • Demonstrated experience in using project management tools.
  • Ability to work flexible hours including evenings and weekends.
  • Ability to work independently and meet critical deadlines.
  • Superior organizational and problem solving skills.
  • Ability to communicate effectively with technical and non-technical audiences.

 

Preferred Qualifications:

  • Working knowledge and experience in Oracle Financials R 12 with AD Online patching, business intelligence, Sharepoint, Discoverer 10g, Oracle BI/XML Publisher, Web Logic, Tools for the PL/SQL development,Oracle Fusion Applications and VMWARE and Oracle OVM.

 

Submitted resumes must be accompanied by a cover letter that includes salary requirements.

Please email your cover letter and resume to jobs@nychdc.com or fax to (212) 227-6893.

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer

 


Portfolio Analyst

Area of Talent: Asset Management/Affordable Housing
Position Type: Full Time/Exempt
Location: NYC/Wall Street Area

Position Summary: 

The Portfolio Analyst reports to the Vice President, Portfolio Analysis, actively monitoring  and performing analysis of risk exposure for housing developments and loans within the HDC Asset Management portfolio.  The Portfolio Analyst evaluates the physical and financial performance of assigned projects.  

Job Responsibilities:

  • Establish and maintain relationships with project owners, managing agents and various governmental agencies.
  • Review and analyze financial statements and physical inspection reports for each property.
  • Work closely with HDC Engineers on physical inspections that require timely follow up.
  • Monitor and take appropriate and swift action on financial issues such as mortgage delinquencies.
  • Work closely with Senior HDC staff to assess the performance of the HDC portfolio  and to help to design workout strategies for delinquent properties.
  • Identify project-specific regulatory obligations through thorough review of legal documents and agreements.
  • Occasionally perform field audits and site inspections to gain familiarity and experience with assigned projects; requiring local travel via public transportation to project locations within the five boroughs of NYC. 
     

Required Qualifications:

  • Bachelor’s degree in finance, real estate, or accounting; business administration with substantial course work/credits specific to finance, real estate, and/or accounting also acceptable.
  • Strong financial analysis skills.
  • Proficiency in Microsoft Office.
  • 1-3 years Microsoft Excel experience performing Intermediate level functions including spreadsheet creation and database management.
  • Strong interpersonal, verbal, and written communication skills, and the ability to build relationships with staff, executives and external partners
  • Strong organizational skills with excellent attention to detail.

 

Preferred Qualifications:

  • Working knowledge of affordable housing programs.

 

Submitted resumes must be accompanied by a cover letter that includes salary requirements.

Please email your cover letter and resume to jobs@nychdc.com or fax to (212) 227-6893.

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer

 

 


 

Administrative Assistant

Area of Talent: Direct Administrative Support of Executives
Position Type: Full Time/Non Exempt
Location: NYC/Wall Street Area

Position Summary: 

The Administrative Assistant reports to the Vice President, Engineering and Architecture Division and supports a small team of Engineers in a fast-paced, results-driven environment. The position plays a critical role within the Engineering Team acting as the primary point of contact on all matters involving the Division.  

Job Responsibilities:

  • Plan and schedule the Division’s inspections, meetings, and teleconferences.
  • Enter all appointments on the Division’s appointment calendar.
  • Make the calendar readily available to engineering staff and ensure the Division’s compliance with all appointments.
  • Be proactive to identify the potential for any scheduling conflicts.  
  • Manage the Engineering & Architecture Excel database and report logs.  
  • Liaise with internal and external business partners to facilitate compliance with reporting and recordkeeping requirements.
  • Perform other related duties as requested.  

 

Required Qualifications:

  • High School Diploma
  • Minimum 2 years experience providing direct administrative or program support to organizations and executives.
  • Strong organizational skills with and attention to detail.
  • Excellent interpersonal, verbal, and written communication skills.
  • Ability to handle multiple tasks simultaneously, meet deadlines and prioritize assignments.
  • Ability to build and maintain relationships with HDC staff and the Division’s constituents. 
  • Proficiency with Microsoft Word and PowerPoint.
  • 1-3 years Microsoft Excel experience performing Intermediate level functions. 
  • Highly adaptable to changing needs, and the reprioritization of tasks and projects as needed.

 

Preferred Qualifications:

  • Associates Degree and/or Certificate in Office Administration or the equivalent.

 

Submitted resumes must be accompanied by a cover letter that includes salary requirements.

Please email your cover letter and resume to jobs@nychdc.com or fax to (212) 227-6893.

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer

 


 

Compliance Specialist

Area of Talent: Compliance/Affordable Housing
Position Type: Full Time/ Exempt
Location: NYC/Wall Street Area

Position Summary: 

The Compliance Specialist reports to the Deputy Director of Compliance and is responsible for monitoring and evaluating compliance within HDC’s Low Income Housing Tax Credit (LIHTC), Tax Exempt Bond (TEB),  and Taxable Bond (TB) properties.  

Major Responsibilities:

  • Performs on-site LIHTC and TEB audits of properties pursuant to Section 42 and 142 of the Internal Revenue Code.
  • Reviews annual owner certification packages and rent rolls to ensure ongoing programmatic and regulatory compliance. 
  • Monitors program updates on a regular basis and takes the appropriate actions to ensure compliance.
  • Prepares and maintains timely, accurate, and updated compliance reports. 
  • Establishes and maintains key external relationships with property owners, managing agents and various governmental agencies.
  • Acts promptly to respond in writing to inquiries and complaints. 
  • Assists in all functions of HDC’s Leasing and Marketing Groups. 
  • Provides technical assistance to stakeholders.  

 

Requirements:

  • A Bachelor’s Degree from an accredited college in a related field and relevant affordable housing industry experience; or,
  • A satisfactory combination of education and/or experience that is equivalent to the above. 
  • Ability to travel frequently by public transportation in New York, Bronx, Brooklyn, Queens and Richmond Counties.
  • Ability to work independently and meet critical deadlines.
  • Superior organizational, problem solving, oral and written communication skills.
  • High level of proficiency in mathematics and data analysis.
  • Proficiency with Microsoft Office suite specifically Excel and Word.

 

Preferred Qualifications:

  • Working knowledge of Fair Housing and Rent Stabilization guidelines

 

Submitted resumes must be accompanied by a cover letter that includes salary requirements.

Please email your cover letter and resume to jobs@nychdc.com or fax to (212) 227-6893.

 

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer

 


 

Communications Specialist

Department: Communications/Administration
Reports to: Director of External Affairs

Position Summary: 

The Communications Specialist will support the Communications Department on all internal and external communications, with an emphasis on visual design and content. The ideal candidate will have solid organizational, graphic design, communication, and writing skills; and some experience with photography and digital media is preferred. The ideal candidate will also have the ability to work independently, analyzing information critical to HDC’s business and proposing strategies for the successful communication of that information to HDC’s staff, partners and the general public as appropriate. The position requires creativity and judgment, with responsibilities increasing over time.

Major Responsibilities:

  • Create, edit, and coordinate content for the website, digital media, and other materials critical to the messaging of HDC’s business.  
  • Participate in the design, editing, and distribution of various media including press releases, marketing materials, and presentations.
  • Event planning; including coordinating/preparing events, attending events, and providing photographic and written coverage.
  • Ensure consistency of brand, logo, and messaging on all internal and external digital content.
  • Prepare daily news clips of media related to HDC and all relevant affordable housing news
  • Provide strategic support to the communications department; including the organization and retention of records, the processing of invoices, the tracking of inter-departmental materials and photographs, and maintaining/updating key contact lists. 
  • Maintain a correspondence log tracking arrival, assignment and disposition of the department’s incoming and outgoing mail, emails and calls.
  • Assess the nature of received inquiries and prepare responses independently or, as needed, in coordination with members of the team and other HDC departments. 

 

Requirements:

  • B.A. Degree in a related field
  • Graphic Design skills with proficiency in Adobe Creative Suite (Illustrator, InDesign, and Photoshop).
  • Web Design experience and knowledge of Content Management Systems (Drupal, Sharepoint, etc.)
  • Multimedia production skills preferred, including photography and videography.
  • Proficient in Microsoft Office: Excel, Word & PowerPoint.
  • Social media management knowledge a plus: Twitter, Facebook, Instagram, LinkedIn, etc.
  • Strong interpersonal and writing skills
  • Ability to coordinate across departments and organizations, as well as work independently.

 

Submitted resumes must be accompanied by a cover letter that includes salary requirements.

Please email your cover letter and resume to jobs@nychdc.com or fax to (212) 227-6893.

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs. 

HDC is an Equal Opportunity Employer