Senior Project Manager, Development
New York City Housing Development CorporationNew York, New York, United States
Posted December 24, 2025
100000 - 120000 USD year
Full Time
About the Company
New York City Housing Development Corporation (HDC) is a leading local housing finance agency dedicated to increasing affordable housing supply for low-, moderate-, and middle-income New Yorkers. Established in 1971, HDC provides financing through bonds, subsidies, and loans for various types of housing projects, including rentals and homeownership. With the flexibility to adapt to changing economic conditions, HDC has become a top issuer of multi-family bonds, ranking third nationally in 2012 and dedicating over $1.8 billion in direct subsidy to enhance affordability.
Job Description
The Senior Project Manager is responsible for originating, underwriting, and closing mortgage loans to finance the new construction and preservation of affordable and public housing using funds raised through bond issuances and/or allocations of corporate reserves.
Requirements
- Bachelor’s degree with substantial course work/credits specific to finance and/or real estate.
- Minimum of 4+ 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 preservation.
- Proficiency in creating mortgage loan models. employing financial concepts and analyzing property financial audits.
- 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.
Benefits
- Health Benefits at a reasonable cost
- Dental and Vision Benefits at no cost
- Retirement savings plan with a generous match and a pension plan
- Paid holiday, vacation, sick time and parental leave
- Professional development opportunities
- Public Service Loan Forgiveness for eligible employees
- Wellness reimbursement
- Back-up Caregiver Benefit
