Finances and preserves affordable multi‑family housing via bonds and loans in New York City.
Manage inspections, repairs, and construction monitoring for NYC affordable housing assets.
6 days ago ago
$80,000 - $95,000
Intermediate (4-7 years), Junior (1-3 years)
Full Time
New York, NY
Field
Company Size
293 Employees
Service Specialisms
Financing affordable housing
Investment in affordable housing
Development of affordable housing
Management of affordable housing
Sector Specialisms
Residential
Commercial
Government
Energy
Role
Description
nspire inspection
annual inspections
cost review
rfr processing
condition analysis
construction monitoring
Review and assess owner responses to existing condition findings and determine the acceptability of proposed remediation.
Monitor construction progress and review construction requisitions.
Participate in evaluating initiatives and policies affecting the physical strength of HDC’s portfolio and identify possible risks to the portfolio.
Serve as HDC’s representative during interactions with borrowers, their representatives, business partners, and other agencies.
Conduct inspections in accordance with NSPIRE (National Standards for the Physical Inspection of Real Estate).
Complete plan and cost reviews of rehabilitation scopes of work to advise financing team.
Prepare written reports describing findings of existing conditions and recommendations for management and ownership.
Perform comprehensive Annual Physical, Reserve for Replacement (RFR), LIHTC (Low-Income Housing Tax Credit), and Insurance inspections of projects in HDC’s portfolio.
Process Reserve for Replacement Requests for project’s capital needs.
Evaluate the performance, compliance, and maintenance practices of managing agents.
Analyze and assess building conditions.
Requirements
nyc codes
hvac
construction mgmt
bachelor's
4-6 years
microsoft office
Knowledge of housing regulations, and inspection standards.
Knowledge of NYC building codes, multi-family residential construction, HVAC, plumbing, electrical and building conveyance systems.
Knowledge of Federal, State, and New York City affordable housing programs.
Foundational understanding of construction management including, but not limited to, meeting participation, roles of trades, requisitioning process, and means and methods.
Excellent written and verbal communication abilities.
Driver’s license preferred but not required.
Frequent travel throughout the five boroughs of New York City by mass transit or corporation provided vehicle (subject to availability).
Strong analytical skills for evaluating building conditions and compliance issues.
4-6 years relevant experience in engineering, architecture, or construction management.
Ability to prepare detailed reports and present findings to management and stakeholders.
Bachelor’s degree in architecture, engineering, or construction management.
Experience with property inspections, preferably in multifamily housing or similar settings.
Proficiency in Microsoft Office productivity tools.
Benefits
Wellness reimbursement
Dental and Vision Benefits at no cost
Public Service Loan Forgiveness for eligible employees
Retirement savings plan with a generous match and a pension plan
Professional development opportunities
Paid holiday, vacation, sick time and parental leave
Training + Development
Information not given or found
Interview process
Information not given or found
Visa Sponsorship
Information not given or found
Security clearance
Information not given or found
Company
Overview
201,000 homes
Homes Financed
Since 2003, the entity has financed over 201,000 affordable housing units across New York City.
$28 billion
Bonds Issued
Over $28 billion in tax-exempt multi-family housing bonds have been issued through the Open Resolution program.
5,000 units
Preserved Housing
Through the PACT initiative with NYCHA, 5,000 public housing units were preserved in 2023 alone.
AA+/Aa2
Credit Ratings
The entity holds AA+/Aa2 credit ratings, reflecting strong financial discipline and investor confidence.
Since 2003, it has financed over 201,000 homes with more than $28 billion in bonds and over $3 billion in subsidies. They hold AA+/Aa2 credit ratings, reflecting strong financial discipline and investor confidence.
Its flagship 'Open Resolution' issues billions in tax-exempt multi-family housing bonds to fuel affordable housing projects.
Typical projects range from new construction to preservation, spanning senior, family, formerly homeless, and mixed-income housing.
Its work revitalizes neighborhoods across all five boroughs—financing public-private partnerships in Brownsville, Hunts Point, Staten Island, and more.
Culture + Values
Financing the creation or preservation of affordable housing under Housing New York plan
Issuing mortgage revenue bonds to support affordable multi-family housing
Aligning bond financing with Social Bond Principles and Sustainability Bond Guidelines
Using Enterprise Green Communities Criteria for environmental quality in developments
Investing in public-private partnerships to revitalize neighborhoods across NYC
Environment + Sustainability
2019 Bonds
Introduced Sustainable Development Bonds
These bonds were introduced to finance affordable housing projects that are both socially beneficial and environmentally conscious.
60-70% Energy Savings
Energy-efficient senior housing project
The Passive House senior housing project uses significantly less energy than standard buildings, incorporating stormwater reuse features.
2015 Bonds
Sustainable Neighborhood Bonds
These bonds finance affordable housing projects that adhere to environmental and sustainability standards.
Projects comply with the Enterprise Green Communities Criteria, which is the only comprehensive green building framework for affordable housing.
Passive House senior housing (Haven Green) incorporates stormwater reuse via permeable surfaces and rooftop harvesting.
Inclusion & Diversity
Committed to recruiting and retaining a diverse workforce and promoting inclusive policies that cover legally protected statuses, including gender.
Currently lacks publicly available gender-related statistics or specific metrics on DEI outcomes.