HPD-HDC Housing Fellows Program
The deadline for applying for the 2013-2015 Class of Housing Fellows has past; we are no longer accepting applications. The next time to apply will be in the winter of 2015.
The NYC Department of Housing Preservation and Development (HPD) is the nation’s largest municipal housing preservation and development agency. Its mission is to promote quality housing and viable neighborhoods for New Yorkers through education, outreach, loan and development programs and enforcement of housing quality standards. It is responsible for implementing Mayor Bloomberg’s New Housing Marketplace Plan to finance the construction or preservation of 165,000 units of affordable housing by 2014. Since the plan’s inception, a total of more than 143,300 affordable homes have been created or preserved. For more information, please visit www.nyc.gov/hpd
The NYC Housing Development Corporation (HDC) provides a variety of financing programs for the creation and preservation of multi-family affordable housing throughout New York City. In partnership with the NYC Department of Housing Preservation and Development, HDC works to implement Mayor Michael R. Bloomberg’s New Housing Marketplace Plan to finance the creation or preservation of 165,000 affordable housing units by the end of the 2014 fiscal year. Since the plan launched in 2004, HDC has financed nearly 67,000 homes for low- , moderate- and middle-income New Yorkers. The New York City Housing Development Corporation is rated AA by S&P and Aa2 by Moody’s. For more information, please visit www.nychdc.com
The HPD-HDC Housing Fellows Program is designed to bring talented young professionals to HPD and HDC to expose them both to the inner workings of New York City government and to the field of affordable housing, with the goal of developing the next generation of affordable housing leadership. The Fellowship provides a forum for the exchange of fresh and current ideas with those who shape the City’s housing policy through housing- and community development-related lectures, site visits, hands-on policy work and mentoring.
The HPD-HDC Housing Fellowship is a two-year program, and individuals who are selected to join the program make a two year commitment. Each class of Fellows is chosen following a national search. Fellows must be recent graduates of schools of public policy, urban studies, planning, management, law or a related field. In the first year, Housing Fellows rotate through three four-month placements, learning firsthand about HPD’s efforts to revitalize New York City’s neighborhoods through financing, including tax-exempt and taxable bonds; new construction; rehabilitation; code enforcement; housing litigation; outreach and loans to private owners. In the second year, Fellows expand their time in a specific program area to encourage further growth by choosing two half-year or one full-year placement. In addition to their work experiences, Fellows participate in site visits to developments across the City; meet with housing leaders in government, business, nonprofit organizations and academia; accompany HPD housing inspectors investigating complaints in the field; and participate in conferences, among other activities. At the end of the two year period, Fellows either secure positions within HPD or HDC or move on to continue working in the field at other agencies or organizations. Please note that neither HPD nor HDC can promise permanent employment at the end of the program.
Applicant must be a recent graduate with a master’s or law degree, and have good writing, analytical, and interpersonal skills. Demonstrated interest in government and housing is preferred, as is experience and/or course work in finance. [Note that we can only hire American citizens or green-card holders; also, we do not reimburse for relocation costs.] Selected applicants must become residents of New York City within ninety days following the start of employment.
Salary & Benefits
The salary range for the Fellows is approximately $50,000 to $60,000 depending on years and kind of previous work experience. Health care benefits begin three months after the start of employment.
How to Apply
The next time to apply for the Housing Fellows Program will be in February 2015. Please check this page in December 2014-January 2015 for more information.
Need Additional Information?
NYC Department of Housing Preservation & Development
100 Gold Street, Room 5-B2
New York, NY 10038