Join Us

 

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:

 

Portfolio Analyst in Asset Management

Reports To: Vice President, Portfolio Analysis 
  

Position Summary:

Position actively participates in the monitoring and analysis of risk exposure for housing developments and loans within the HDC Asset Management portfolio. The portfolio analyst will evaluate the physical and financial performance of assigned projects individually and collectively based on groupings such as by housing provider (i.e. external developers & managing agents) and by HDC program type.  

Responsibilities:

  • Actively monitor and evaluate assigned portfolio of projects on an on-going basis 
  • Establish and maintain relationships with project owners, managing agents and various government agencies 
  • Input financial statements into HDC database 
  • Review and analyze financial statements and physical inspections for each property; coordinate with HDC's engineers on noted issues
  • Follow up and remedy financial issues such as mortgage delinquencies 
  • Assess troubled properties to provide technical assistance and work with more senior staff to devise workout strategies 
  • Review legal documents and agreements to identify project-specific regulatory obligations 
  • Perform field audits and site inspections to develop personal experience with assigned projects. This involves some local travel via public transportation to project locations throughout the five boroughs 
  • Work with senior staff to establish criteria and reports to assess the performance of the HDC portfolio 

 

Requirements:

  • Strong Financial Analysis Skills required
  • Excellent Organizational and Communication Skills (Oral and Written)
  • Proficiency with spreadsheets, financial analysis and database management (including Microsoft Office)
  • B.A or B.S. Degree Required either in Finance, Real Estate, or Accounting.  Degree in Business Administration may also be acceptable if it includes substantial course work/credits specific to Finance, Real Estate, and/or Accounting.
  • Some experience in, or working knowledge of affordable housing programs is preferred

 

HDC is an equal opportunity employer


Assistant Director of Communications

Reports To: Vice President of Communications   
Department: Communications    

Position Summary:

The Assistant Director of Communications is responsible for assisting in the development and implementation of HDC's communication strategy and broadening the visibility of the Corporation and its work on affordable housing. Reporting to the Vice President of Communications, the person in this position will manage the day-to-day operations of the Communications team and spearhead HDC press, website, social media, and all other communications initiatives. S/he will handle outreach to the media; supervise the organization of events in coordination with City Hall, other City and State agencies, and private and non-profit partners; and produce a broad range of online and print materials to promote the Corporation's programs and accomplishments. 

Responsibilities:

  • Assist in the development and implementation of a strategic and proactive communications strategy for HDC.
  • Respond to inquiries from the press and proactively pitch stories, op-eds, and interviews to advance HDC’s priorities and enhance its profile.
  • Supervise the coordination of HDC media events, including logistics, briefings, press releases, talking points, media outreach, and photography for groundbreakings, ribbon-cuttings, and press announcements.
  • Work with the Communications staff to ensure the news is poured through on a daily basis to identify stories relating to HDC, affordable housing, and related policy areas, and share relevant coverage with appropriate agency teams.
  • Prepare written remarks, speeches, powerpoint presentations, quotes, and statements for the HDC President and other members of the senior leadership team.
  • Create, edit, and manage content for the HDC website; help develop a clear and consistent online presence for the Corporation; and work with other departments to ensure existing pages are current, accurate, and accessible.
  • Write, edit, and design quality communications materials, including press releases, media advisories, newsletters, brochures, Q&A documents, fact sheets, and public presentations.
  • Plan, write, and oversee the production of HDC’s Annual Report, ensuring that it aligns with the goals for the agency's online presence and broader communications strategy.
  • Help develop a visual identity for HDC that is consistent across online, print, and presentation materials, and ensure adherence to City styles, standards, and practices.
  • Evaluate the opportunities for the Corporation to create a social media presence (Facebook, Twitter, etc.), and oversee its implementation.

 

Requirements:

  • A Bachelor’s degree and minimum of three to five years of experience in communications, press, and/or related fields in a competitive and fast-paced environment.
  • Excellent writing, presentation, communication, analytical, problem-solving, client service, and interpersonal skills.
  • Graphic design experience and familiarity with powerpoint and various social media platforms is a plus.
  • Knowledge of urban planning, housing development, community engagement, or city government is preferred.
  • A positive self-starter with a can-do attitude, sense of humor, and willingness to go the extra mile.
    Please include a cover letter, resume and salary requirements.
     

HDC is an equal opportunity employer


Cash Management Analyst

Reports To: Vice Presidents of Cash Management
Department: Debt Issuance and Finance

The Cash Management Group is part of the Debt Issuance and Finance Department.  Cash Management is responsible for tracking all cash receipts and expenditures for the Corporation. This group is also responsible for mortgage loan set up and certain servicing functions.  This position would involve interaction with all departments within the Corporation. 

Position Summary: Responsible for mortgage loan set up and certain investment functions of the Corporation.  Will also provide back-up for various Cash Management Functions such as debt management and creating and maintaining various reports.  

Responsibilities:

  • Review documents related to new mortgage loans and conversions
  • Set up and verify of information for new and converted mortgage loans on the mortgage loan servicing system.
  • Coordinate with management on the investment activities of the Corporation, including reporting functions.
  • Work with brokers to research potential investments for the Corporation.
  • Assist as needed in maintaining debt outstanding files for all fixed and variable rate bonds.
  • Prepare management reports and loan tracking information as needed

Requirements:

  • Bachelor’s degree
  • Strong analytical and problem solving skills
  • Understanding of financial concepts and mortgage loans
  • Proficiency in Word, Excel and PowerPoint
  • Comfortable working with financial systems
  • Ability to prioritize and meet deadlines
  • Accuracy and attention to detail
  • Excellent communication skills
  • Comparable experience

 

HDC is an equal opportunity employer