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:

 

Assistant/Associate General Counsel
Assistant/Associate General Counsel

Receptionist/Office Assistant
Asset Manager and Deputy Director of Marketing
IT Senior Business Analyst
Project Manager, Development 
Leasing and Compliance Specialist

 


HDC is an Equal Opportunity Employer

Assistant/Associate General Counsel

Area of Talent:     Public Finance/Legal

Position Type:      Full Time/Exempt

Location:              NYC/Wall Street Area

 

Position Summary:

The Assistant General Counsel or Associate General Counsel reports to the Deputy General Counsel, Legal Department and serves as counsel for HDC primarily to analyze, negotiate, structure and close bond transactions.  Ideal candidate would run day-to-day operations of the bond transactions unit within the Legal Department as primary liaison with outside bond counsel and HDC’s Development and Capital Markets departments.

 

Job Responsibilities:

  • Reviews official statements, bond purchase agreements and bond resolutions.
  • Reviews and analyzes due diligence items for bond transactions, including TEFRA.
  • Prepares materials for HDC Board meetings.
  • Drafts commitments, notes and mortgages.
  • Handles general miscellaneous legal duties as assigned.

 

Required Qualifications:

  • Law Degree from an accredited Law School.
  • A minimum of 2 to 5+ years of relevant experience in public finance.
  • Superior organizational, analytic, and problem-solving skills.
  • Strong communication skills.

 

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

Assistant/Associate General Counsel

Area of Talent:     Real Estate/Legal

Position Type:      Full Time/Exempt

Location:              NYC/Wall Street Area

 

Position Summary:

The Assistant General Counsel or Associate General Counsel reports to the Deputy General Counsel, Legal Department and serves as counsel for HDC in negotiating, analyzing, structuring and closing secured loan transactions.

 

Job Responsibilities:

  • Drafts commitments, regulatory agreements, notes and mortgages.
  • Reviews and analyzes due diligence items for real estate transactions, including title.
  • Reviews documents of borrower’s and lender’s counsel.
  • Assists in converting construction loans to permanent loans.
  • Handles general miscellaneous legal duties as assigned.

 

Required Qualifications:

  • Law Degree from an accredited Law School.
  • A minimum of 2 to 5+ years of relevant experience in transactional real estate, corporate transactions and/or public finance.
  • Superior organizational, analytic, and problem-solving skills.
  • Strong communication skills.

 

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

Receptionist/Office Assistant

Area of Talent:     Office Services/Customer Service

Position Type:      Full Time/Exempt

Location:              NYC/Wall Street Area

 

Position Summary:

The HDC Receptionist/Office Assistant reports to the Vice President, Office Services and plays a key role by performing important administrative and clerical tasks.  The individual in this position undertakes a variety of activities in the office, including filing, answering the phone, organizing documents, basic bookkeeping, and more. Reliability and a strong work ethic combined with great communication skills are a must, as well as familiarity with all necessary office equipment, software, and procedures.

 

Job Responsibilities:

  • Greet and direct visitors in a professional and courteous manner
  • Answer the phone, take messages, and redirect calls to the appropriate offices.
  • Assist with scheduling conference rooms and corporate vehicles.
  • Assist callers requesting information about our apartments or housing lotteries.
  • Schedule messenger service and assist with mail distribution.
  • Maintain messenger and vehicle logs.
  • Assist with processing receipts and invoices received from vendors.
  • Create and maintain vendor related spreadsheets in Excel.
  • Maintain HDC’s First-Aid kit.
  • Assure that the HDC reception area is maintained in a neat and organized manner.
  • Act as back-up driver for company vehicle on as needed basis.
  • Perform other work-related duties as directed by supervisor.

 

Required Qualifications:

  • High school diploma or equivalent
  • Successful work experience in a front office setting or in another clerical position
  • Strong working knowledge of office procedures
  • Ability to effectively use and maintain office equipment
  • Solid knowledge of Microsoft Office including experience creating Excel spreadsheets
  • Excellent verbal and written communication skills
  • Great organizational, time management and multitasking abilities
  • Valid clean driver’s license with 3 years minimum driving experience

 

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

Asset Manager and Deputy Director of Marketing

Area of Talent:     Asset Manager and Deputy Director of Marketing

Position Type:      Full Time/Exempt

Location:              NYC/Wall Street Area

 

Position Summary:

The Asset Manager and Deputy Director of Marketing reports to the Assistant Vice President of Marketing and oversees all aspects of the marketing and ongoing lease-up of HDC financed developments ensuring strict adherence to HDC compliance and statutory requirements including the communication and enforcement of all policies and regulations throughout HDC’s portfolio.  HDC is seeking an experienced professional with the knowledge, skills and abilities to provide detailed guidance at marketing and compliance meetings as well as deliver presentations on behalf of HDC at public seminars and gatherings involving elected officials and their constituents. ​ 

 

Job Responsibilities:

  • Conduct regular review of the HDC portfolio and implementation of appropriate corrective compliance measures as applicable.
  • Streamline existing processes and systems to maximize the Department’s productivity and oversight capabilities.
  • Manage inquiries from applicants, elected officials, owners and agents and provide timely and detailed responses substantiated by HDC regulatory and programmatic guidelines.
  • Ensure the proper implementation of new policies and procedures by HDC staff and outside parties.
  • Update and improve related aspects of the HDC website.
  • Coordinate and take the lead in HDC marketing and compliance meetings
  • Review marketing plans to ensure initial and long term regulatory and marketing compliance
  • Establish and maintain relationships with project owners, managing agents and various government agencies.
  • Monitor affordable housing lotteries for advertised projects, including lottery logs, to ensure proper processing of applicants.
  • Lead detailed interactive educational seminars that provide project specific as well as general programmatic information and guidance.
  • Coordinate with other HDC departments to resolve regulatory issues.  
  • Act as a liaison for NYC Housing Connect.
  • Review applicant files for programmatic eligibility.
  • Prepare and maintain timely, accurate, and updated project records and compliance reports.

 

Required Qualifications:

  • A Bachelor’s Degree from an accredited college in a related field such as Business Administration, Public Administration, or Urban Planning.
  • 2 years minimum of relevant experience in affordable housing and marketing compliance.
  • Thorough understanding of the low-income housing tax credit (LIHTC) program including LIHTC or comparable certifications/experience.
  • Ability and experience managing projects and time-sensitive deadlines.
  • Superior organizational, analytic, and problem solving skills.
  • Strong communication and presentation skills.
  • Ability to build relationships with staff, executives and external partners.
  • High level of proficiency in data analysis and regulatory agreement review.
  • Proficiency in Microsoft Office - Excel, Word and Power Point

 

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

IT Senior Business Analyst

Area of Talent:     Information Technology/Real Estate Finance/Banking

Position Type:      Full Time/Exempt

Location:              NYC/Wall Street Area

 

Position Summary

The IT PMO team at the New York City Housing Development Corporation (HDC) is looking for a Senior Business Analyst with project management experience.  Reporting to the PMO Director, this individual will work as the primary liaison between HDC’s business units and the IT application development teams in HDC and/or external vendors.  This role will elicit, define, analyze and validate requirements throughout the project lifecycle and also provide ongoing support for issue resolution and enhancement requests.

 

Job Responsibilities:

  • Become a subject matter expert in HDC’s business processes to support system enhancements and provide guidance for new development.  Be a strategic partner with HDC’s business units by implementing services and applications that they can use to automate and improve their processes.
  • Perform business requirement activities by providing end-to-end analysis for projects utilizing data modelling, use cases, workflows and user interface design across HDC’s existing applications and upcoming initiatives.
  • Create and maintain high-quality business and functional requirements documentation.  Work with project stakeholders to prioritize requirements and assess impact of changes on existing systems and business processes.
  • Assist the project manager in maintaining the project plan and managing assigned activities and tasks through completion by collaborating with business users and technology teams.
  • Support the project team through all iterations of discovery, elaboration, development, testing, training, implementation and application usage.
  • Develop and enforce the use of standards, best practices and methodologies for IT-related projects to drive continuous business improvement.

 

Required Qualifications:

  • Bachelor’s degree in a related field
  • 5+ years of experience as a Business Analyst or Product Owner
  • 2+ years of experience as a Project Manager
  • Experience with full project lifecycle, project management practices and SDLC methodologies
  • Excellent organizational skills with the ability to coordinate and assist cross-functional teams in resolving business process and technical issues
  • Outstanding analytical skills – comfortable addressing ambiguous questions and clearly articulating complex ideas to both technical and non-technical teams
  • Strong communication (written, verbal and visual) and interpersonal skills with internal and external contacts
  • Proficiency in MS Office tools
  • Self-motivated and self-directed

 

Preferred Qualifications, Skills and Experience:

  • Experience in data architecture/warehousing
  • Experience in wireframing, mockups and UI design
  • Familiarity with user journey mapping and UX concepts
  • Agile experience
  • Experience in public sector, government (housing) agencies
  • Comfortable around executive leadership

 

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, 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.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:

  • Bachelor’s degree with substantial course work/credits specific to finance, and/or real estate.
  • Demonstrated interest in affordable housing.
  • Minimum of 2 years of relevant experience in real estate lending, and/or development.
  • Proficiency in creating mortgage loan models and financial concepts.
  • 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:

  • 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

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. 
  • Conduct offsite audits of housing lotteries, tenant files and unit inspections.
  • Field complaints from applicants, elected officials, owners and agents and provide timely and detailed responses substantiated by HDC regulatory and programmatic guidelines.
  • Assist with the monitoring of affordable housing lotteries for advertised projects, including lottery logs, to ensure proper processing of applicants.

 

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

 

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