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:

Portfolio Analyst
Director of Government Affairs
Administrative Assistant
Compliance Specialist
Communications Specialist
Chief Accountant

 

Portfolio Analyst

Area of Talent: Asset Management/Affordable Housing
Postion 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

 


 

Director of Government Affairs

Area of Talent: Governmental Affairs/Affordable Housing
Postion Type: Full Time/Exempt
Location: NYC/Wall Street Area

Position Summary: 

The Director of Government Affairs reports to the Office of The President, through the Senior Vice President & Chief of Staff, at the NYC Housing Development Corporation (HDC) and works closely with and under direction of the Assistant Commissioner for Governmental Affairs at the NYC Department of Housing Preservation and Development (HPD). The Director will work to support projects benefiting both agencies and the City of New York’s initiatives. The Director will work with City, State and Federal elected officials, as well as agencies, policy makers, advocates, and planners to assess, craft, and secure legislative changes needed to implement NYC’s goals of creating and preserving affordable housing.  

Job Responsibilities:

  • Work closely with senior HDC and HPD staff in crafting both agencies’ federal and state agendas, recommending a strategy for implementation, and advocating for this agenda in Washington DC and Albany.
  • Act as the primary HDC/HPD liaison with Congress and Housing Urban and Development (HUD) on important housing issues such as Low Income Housing Tax Credits (LIHTC), private activity bonds, and Government- Sponsored Enterprises (GSE).
  • Advocate in Albany for State issues of interest to HDC such as volume cap allocations and HDC’s statutory reauthorizations.
  • Prepare clear and persuasive advocacy documents and materials, draft letters on behalf of HDC and HPD, and analyze and compile data into succinct, easily understood materials. 
  • Maintain relations with housing advocacy groups relating to federal and state legislation, and contribute to consensus building and advocacy efforts.
  • Regularly brief senior HDC staff on legislative and regulatory developments.
  • Prepare senior HDC staff for meetings with elected officials, including preparing and reviewing briefing memos, and completing necessary follow-up.
  • Serve as the main point of contact between HDC and HPD on government affairs matters, and ensuring proper coordination between both organizations.
  • Analyze and research proposed federal and state legislation and recommend appropriate HDC/HPD responses. 

 

Required Qualifications:

  • Bachelor’s degree in public policy, public administration, urban planning, urban studies, real estate development, economic development and/or a related field. 
  • At least six years of government relations/legislative affairs experience related to housing, urban policy, planning, real estate, economic development and/or a related field. 
  • Equivalent combination of education and experience in housing policy and finance. 
  • Experience in federal housing policy and a strong aptitude for working with housing finance concepts. 
  • Ability to travel to Albany, NY and Washington DC. 
  • Experienced and knowledgeable in the federal, state and local legislative processes. 
  • Strong interpersonal, verbal and written communication skills. 
  • Excellent presentation skills. 
  • Ability to work well under pressure and meet tight deadlines. 
  • Demonstrated research, analytical and problem solving skills. 
  • Skilled at establishing and cultivating strong, long-term relationships with internal and external stakeholders. 

 

Preferred Qualifications:

  • A Master’s degree in public policy, public administration, urban planning, urban studies, real estate development, economic development and/or a related field. 

 

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
Postion 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
Postion 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

 


 

Chief Accountant

Department: Accounting and Budget
Reports to: Controller and Deputy Controller 

Position Summary: 

The Chief Accountant is expected to work closely with the Controller and Deputy Controller in the everyday management of the accounting department, its staff and its interaction with all departments throughout the Corporation. This position requires an individual with the ability to think logically and proactively as the department implements new and complex financial transactions, softwares, accounting standards, and reporting requirements.

Responsibilities:

  • Work closely with the Controller and Deputy Controller to implement and carry out the department’s goals as well as that of the Corporation; have the ability to think through issues and solve problems; have the ability to make decisions and recognize when to escalate to senior managers
  • Supervise senior and staff accountants in the daily activities and transactions of the Corporation; train new staff 
  • Provide guidance and analytical support to accounting staff on recording new types of financial transactions
  • Review and analyze financial transactions for accurate accounting including mortgage, bond and investment transactions
  • Read and interpret mortgage and bond documents to set up complex financial transactions in the general ledger as well as to be able to discuss the documents with other departments
  • Provide guidance and support to staff in the preparation of the Corporation’s operating budget and five year capital plan
  • Supervise the preparation of the Corporation’s financial statements
  • Analyze quarterly and year-end financial statements and prepare a written summary of financial activities for those financial statements
  • Assist in managing the fiscal year-end financial statement audit process; communicate and work with the external auditors and coordinate requests with accounting staff during the audit
  • Serve as a coordinator between the accounting division and other departments on financial, technical, and other corporate matters; represent the department at project management meetings and have the ability to report updates back to senior management as well as recommend solutions and decisions as needed
  • Maintain and update the department’s procedural manual

 

Requirements:

  • BA/BS in Accounting with a minimum of 7 years of relevant experience in the accounting field
  • Proficiency in accounting principles; knowledge of GASB a plus
  • Experience in managing a large staff for a minimum of 3 years
  • Strong financial analysis and problem solving skills
  • Proficiency in Microsoft (Excel, Word, Access, Power Point) required; Oracle Financials and Business Intelligent Query Tool a plus 
  • Strong project management skills
  • Excellent communication (oral and written) and presentation skills

 

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