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The New York City Housing Development Corporation (HDC) is the nation’s number one issuer of bonds for multi-family affordable housing. Established as a public benefit corporation by the State of New York in 1971, HDC is responsible for financing the creation and preservation of affordable housing within the five boroughs of New York City. The financing provided by HDC is in the form of low-cost mortgages made through the sale of tax-exempt and taxable bonds. Our programs are designed for multi-family rental housing and cooperative developments and serve a wide range of income segments from very-low to middle-income tenants. 

HDC is an equal opportunity employer. Please email your resume to jobs@nychdc.com or fax your cover letter and resume to (212) 227-6893.

Available Positions

Vice President of Communications

Reports to: President

Department: Communications

The NYC Housing Development Corporation (HDC) and the NYC Department of Housing Preservation and Development (HPD) seek a Vice President of Communications to serve as the chief public information officer for both agencies.

Position Summary:

The VP of Communications is charged with the control, coordination, and dissemination of all public information. The VP formulates strategies to effectively communicate HPD/HDC initiatives, achievements, and policies, and manages the team responsible for public relations activities. This position is central to broadening the visibility and credibility of HPD and HDC. It also has a strong link to our ability to move policy makers and the public to care about the issues and challenges of affordable housing in New York City. Reporting to HPD’s Chief of Staff/Deputy Commissioner for Strategy, Research, and Communications and the HDC President, the VP works closely with the HPD Commissioner and all senior staff of both agencies to shape the institutional message and convey it to diverse audiences

Responsibilities:

•Develop and oversee the implementation of a strategic and proactive communications strategy for HPD/HDC.
•Manage the planning and coordination of all public relations activities.
•Oversee, produce, and edit quality communications materials, including press releases.
•Create HDC’s Annual Report.
•Serve as the primary speechwriter for the HPD Commissioner and HDC President for all formal speaking engagements.
•Review remarks and statements prepared by other offices across HPD/HDC.
•Manage and partner with the Press Secretary on all matters.
•Generate media interest in stories, op-eds, and interviews to advance HPD/HDCs' priorities and enhance their profile.
•Oversee creative production and launch of any advertising, traditional media coverage, web content, and social media efforts.
•Collaborate with the Mayor's press office on a daily basis, as well as communications staff from sister agencies, elected officials, and external partners.
•Responsible for internal agency communications, including drafting bi-weekly Commissioner's emails
 

Requirements

•A minimum of seven to ten years of experience in communications, press, and/or related fields in a competitive and   fast-paced environment.
•Experience in managing communications activities for a high-level individual in the private or public sector preferred.
•Proven experience in developing and executing comprehensive communications campaigns.
•Ability to think on one’s feet in difficult and fast developing situations.
•Ability to synthesize complex issues into accessible and compelling content.
•Superior written and oral communications skills.
•Experience in speechwriting and strategic message development.
•Excellent relationships with the media and ability to build new ones.
•Comfort with both traditional and new media platforms.
•Creative thinker, problem solver, and motivated team player.
•Strong familiarity with the public policy arena and political process.
•Strong understanding of the New York City news media markets.
•Bachelor’s degree required. Master’s degree a plus.

 

Project Manager

Reports to: Sr. Vice President

Department:  Development

The Development Department is responsible for bringing new and viable projects into HDC by researching proposals, performing underwriting, guiding projects through HDC’s Credit Committee and Board approval process, creating sound financial programs and structures that leverage the Corporation’s assets while encouraging private investment.

Position Summary: This position originates and underwrites mortgage loans using funds raised through bond issuances and/or allocations of corporate reserves.

 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

 

Requirements:

 

  • Proficiency in creating mortgage loan models
  • Understanding of financial concepts
  • Excellent communication skills (oral/written)
  • Advanced degree in a related field
  • Comparable experience (min. 2 years)