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:

Director, Policy and Portfolio Analytics
Payroll Coordinator
Project Manager/Senior Project Manager, Development
Marketing and Compliance Specialist
Compliance Specialist

 
 

 HDC is an Equal Opportunity Employer

Area of Talent:    Quantitative and Qualitative Analysis/Affordable Housing

Position Type:     Full Time/Exempt

Location:             NYC/Wall Street Area

 

Position Summary:

The Director, Policy & Portfolio Analytics reports to the Chief of Staff in the HDC Office of the President and helps shape and implement HDC priority projects and special initiatives that address the most critical housing policy issues facing HDC and the City. This position works closely in partnership with various city agencies, including the NYC Department of Housing Preservation and Development (HPD) and NYC Housing Authority (NYCHA). HDC is seeking an experienced professional with strong analytic skills to identify and complete projects independently, as well as strong leadership and organizational skills to drive 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 to further HDC’s and the City’s affordable housing goals.
  • 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, translating analysis for broader audiences, preparing and reviewing 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 to senior staff and other key stakeholders. Represent HDC at project meetings and flag issues for HDC senior staff on all policy projects.
  • 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.)

 

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

Payroll Coordinator

Area of Talent:    Payroll/ Reporting/Compliance

Position Type:     Full Time/Exempt

Location:             NYC/Wall Street Area

Reports to :         Senior Human Resources Information Systems (HRIS) Manager
 

Position Summary:

The Payroll Coordinator is an integral member of the HR/Benefits/Payroll/Timekeeping team and is responsible for fully supporting the Senior HRIS Manager in the processing of the bi-weekly payroll for 175+ exempt and non-exempt HDC employees, benefits administration and reporting. 

 

Job Responsibilities:

 

Timekeeping/Payroll

  • Perform all aspects of payroll processing for exempt and non-exempt employees through HDC’s Human Capital Management (HCM) platform Ceridian Dayforce.
  • Use and embrace the full range of capabilities in Ceridian Dayforce, a comprehensive, modern cloud HCM platform for managing the entire employee lifecycle.
  • Continuously identify ways to improve payroll and timekeeping processes to enhance HDC staff’s experience.
  • Perform analytical reviews of bi weekly, quarterly and annual payroll information and reports to ensure accuracy.
  • Provide hands-on support for all payroll matters by working closely with HDC’s Accounting and Cash Management teams
  • Ensure regulatory compliance for all payroll processing procedures including taxation (both multi-state and localities).
  • Handle and monitor employee payroll and benefit inquiries and ensure that all inquiries are promptly and appropriately resolved
  • Perform other duties and special projects as requested by management

 

Benefits

  • Support all payroll related aspects of HDC’s benefit programs including but not limited to health benefits, life insurance, pre-tax benefits programs and retirement savings plans (NYCERS and 403B)
  • Fully support the Senior HRIS Manager in benefit system implementations and enhancements including transition to a third-party platform for FSA administration
  • Ensure compliance with all payroll/benefit laws and regulations
  • Cross-trained in benefits administration and acts as back-up to HR/Benefits Coordinator.

 

HRIS/Reporting

  • Leveraging Dayforce, gather critical employee data in standard and customized formats to support the EEO Office, and Senior/Executive staff needs for organizational review and business reporting

 

Qualifications:

  • Bachelor’s Degree in accounting, finance, mathematics, business/public administration or related field
  • Minimum of 3+ years experience of end to end payroll processing
  • Current and ongoing knowledge of applicable federal, state, and local wage/hour laws is a must
  • Strong organizational, problem-solving, and analytical skills
  • Excellent written and oral communication skills
  • Proven ability in HRIS platforms and reporting
  • Intermediate level Microsoft Office skills with heavy emphasis in Excel
  • Ability to complete all assignments (including those unexpected) with flexibility & creativity
  • Proven ability to keep all payroll/employee information completely confidential

 

Preferred Qualifications:

  • 3+ years experience with Ceridian Dayforce including the Reporting Module
  • Knowledge of employee health benefits, pre-tax programs, life insurance and short term and long term disability programs
  • Direct experience with New York City Employees Retirement System (NYCERS) and 403B administration
  • Experience with governmental health benefit programs such as the New York State Health Insurance Program (NYSHIP)

 

 

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/Senior Project Manager, Development

Area of Talent:    Development/Affordable Housing

Position Type:     Full Time/Exempt

Location:             NYC/Wall Street Area

 

Position Summary:

The Project Manager/Senior Project Manager is responsible for originating, underwriting, and closing mortgage loans to primarily finance the rehabilitation of New York City Housing Authority (NYCHA) units, using funds raised through bond issuances and/or allocations of corporate reserves. The Project Manager/Senior Project Manager may also close other affordable housing mortgages outside of the NYCHA preservation pipeline, subject to availability. 

 

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, most notably NYCHA, 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 to 5+ 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.

 

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

Compliance Specialist

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

Position Type:     Full Time/Exempt

Location:              NYC/Wall Street Area

 

Position Summary:

The Compliance Specialist reports to the Assistant Vice President 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. 
 

Job 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.  
     

Required Qualifications:

  • 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 primarily in New York City.
  • 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
     

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