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:

Leasing and Compliance Specialist
Marketing and Compliance Specialist
Project Manager, Engineering & Architecture
Project Manager, Development
 

 HDC is an Equal Opportunity Employer

Leasing and Compliance Specialist

Area of Talent:    Low Income Housing Tax Credit (LIHTC) Compliance/ Affordable Housing

Position Type:     Full Time/Exempt

Location:              NYC/Wall Street Area

 

Position Summary:

The Leasing and Compliance Specialist reports to the Assistant Vice President of Leasing and is primarily responsible for monitoring and evaluating applicant files for initial and ongoing LIHTC, Tax Exempt Bond, Taxable Bond, and HDC Marketing and Regulatory compliance. 

 

Job Responsibilities:

  • Evaluate the income and rent qualifications for applicant files to ensure compliance with specific building and program limits.
  • Review applicant files to ensure that they contain complete and accurate documentation as required by HDC’s Marketing Guidelines and LIHTC requirements.
  • Ensure turn-around on approvals within three (3) business days or less of the receipt of a complete submission.
  • Review rent rolls and annual owner certification packages to ensure ongoing programmatic and regulatory compliance.
  • Communicate regularly with agents to ensure timely processing and provide technical assistance and ongoing guidance.
  • Create and update project spreadsheets to document initial and historical tenant data. 
  • Conduct offsite audits of tenant files or unit inspections.
  • Respond in writing to inquiries and complaints in a timely fashion.

 

Required Qualifications:

  • A Bachelor’s Degree from an accredited college in a related field and relevant affordable housing industry experience is preferred; or,
  • A satisfactory combination of experience and/or education that is equivalent to the above.
  • Ability to work independently and meet critical deadlines.
  • Strong Organizational and Communication Skills (Oral and Written).
  • High level of proficiency in mathematics and data analysis.
  • Ability to travel by public transportation in New York, Bronx, Brooklyn, Queens and Richmond Counties.
  • Proficiency with Microsoft Office suite specifically Excel and Word.

 

Preferred Qualifications:

  • Comprehensive understanding of HDC Marketing Guidelines and Fair Housing and Rent Stabilization guidelines

 

Interested applicants may email a cover letter with salary requirements and resume to  jobs@nychdc.com or fax to the Human Resources Department at (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

 

 HDC is an Equal Opportunity Employer

Marketing and Compliance Specialist

Area of Talent:    Compliance/ Marketing/ Affordable Housing

Position Type:     Full Time/Exempt

Location:              NYC/Wall Street Area

 

Position Summary:

The Marketing and Compliance Specialist reports to the Assistant Vice President of Marketing and monitors all aspects of the marketing and ongoing lease-up of HDC financed developments while ensuring strict adherence to HDC compliance and statutory requirements.  Must be proactive, innovative and detailed-oriented with a broad understanding of affordable housing.  The position ensures the communication and enforcement of all policies and regulations throughout HDC’s portfolio.  

 

Job Responsibilities:

  • Monitor affordable housing lotteries for advertised projects, including lottery logs, to ensure proper processing of applicants.
  • Review Marketing Plans to ensure initial and long term regulatory compliance.
  • Field complaints from applicants, elected officials, owners and agents and provide timely and detailed responses substantiated by HDC regulatory and programmatic guidelines.
  • Regular review of HDC portfolio and implementation of corrective compliance measures as needed.
  • Streamline and create systems to ensure ongoing compliance throughout the HDC portfolio.
  • Review applicant files for programmatic eligibility.
  • Coordinate and take the lead in HDC Marketing and Compliance meetings.
  • Establish and maintain relationships with project owners, managing agents and various government agencies.
  • Coordinate with other HDC departments to resolve regulatory issues.
  • Prepare and maintain timely, accurate, and updated project records and compliance reports.
  • Conduct offsite audits of housing lotteries, tenant files and unit inspections.
  • Review rent rolls and annual owner certification packages to ensure ongoing programmatic and regulatory compliance.
  • Monitor and ensure that HDC’s website is up to date.

 

Required Qualifications:

  • A Bachelor’s Degree from an accredited college in a related field and relevant affordable housing industry experience.
  • A satisfactory combination of experience and/or education that is equivalent to the above.
  • Demonstrated ability to create and implement new systems to streamline existing protocols to maximize productivity and oversight.
  • Ability to work independently and meet critical deadlines.
  • Superior organizational, analytic, problem solving skills.
  • Strong oral and written communication skills.
  • Proficiency in data analysis and regulatory agreement review.
  • Thorough understanding of the low-income housing tax credit (LIHTC) program including LIHTC or comparable certifications/experience.
  • Microsoft Office: Proficiency in Excel, Word and Power Point.
  • Ability to travel by public transportation in all five boroughs.

 

 

Preferred Qualifications:

  • Comprehensive understanding of affordable housing Marketing Guidelines, Fair Housing and Rent Stabilization guidelines

 

Interested applicants may email a cover letter with salary requirements and resume to  jobs@nychdc.com or fax to the Human Resources Department at (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

 

 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 recommendations.
  • Review owner responses to findings and determine the feasibility of the proposed remediation.
  • Complete plan and cost reviews of rehabilitation scopes to advise financing staff.
  • Monitor construction progress and review construction requisitions.
  • 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.
  • Oversee third party consultants as applicable.
  • Frequent travel throughout the five boroughs of New York City.

 

Required Qualifications:

  • Bachelor’s degree in engineering, architecture, or construction management.
  • 2-5 years experience 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:

  • 5 plus years relevant experience
  • 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.

Interested applicants may email a cover letter with salary requirements and resume to  jobs@nychdc.com or fax to the Human Resources Department at (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

 

  HDC is an Equal Opportunity Employer

Project Manager, Development

Area of Talent:    Development/Affordable Housing

Position Type:     Full Time/Exempt

Location:              NYC/Wall Street Area

 

Position Summary:

The Project Manager, Development reports to the Senior Vice President, Development and is responsible for originating and underwriting mortgage loans using funds raised through bond issuances and/or allocations of corporate reserves.

 

Job Responsibilities:

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

 

Required Qualifications:

  • A Bachelor’s degree with substantial course work/credits specific to finance, and/or real estate; a minimum of 2 years of relevant experience in real estate lending, and/or development; or a satisfactory combination of education and/or experience equivalent to the above.
  • Demonstrated interest in the affordable housing industry.
  • Proficiency in using mortgage loan models and employing financial concepts.
  • Strong interpersonal, verbal, and written communication skills.
  • 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