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:

Accountant
Project Manager, Development
Leasing and Compliance Specialist
 


 HDC is an Equal Opportunity Employer

Accountant

Area of Talent:    Accounting/Affordable Housing

Position Type:     Full Time/Non-Exempt

Location:              NYC/Wall Street Area

 

Position Summary:

  • The Accountant reports to the Chief Accountant and is responsible to apply the principles of accounting to process, analyze and report financial transactions.

 

Job Responsibilities:

  • Process financial transactions related to Bond, Mortgage, Investment and Escrows in the General Ledger.
  • Calculate and record revenue and expense accruals in the General Ledger.
  • Review investment, bonds and mortgage related transactions and amortize deferred revenues and expenses.
  • Prepare bank reconciliations, account analysis, mortgage confirmation and payoff amounts.
  • Prepare periodic and annual financial statements with supporting schedules and footnote disclosures.

 

Required Qualifications:

  • Bachelor’s degree in Accounting from an accredited college or university, and two years’ experience in a related area and/or internship; or equivalent combination of education and experience.
  • Proficiency in Microsoft Office – Word, Excel, and Outlook.
  • Detail oriented with the ability to multi-task and work both independently and as part of a team.
  • Excellent written and oral communication skills.

 

Preferred Qualifications:

  • Familiarity with Oracle.
  • Knowledge of investment securities.

 

​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

 

 


 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

 

 


 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.
  • Review and analyze data on lottery log excel spreadsheets to ensure that applicants are being processed in the proper order.
  • 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

 

​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