Jobs and Careers

Strategic Operations Intern (Fall)

New York City Housing Development Corporation

New York City, United StatesinternshipVerifiedPosted 13 Aug 2025

💰 $35,000/yr

About the role

Intern role name: Strategic Operations Intern (Fall)Area of Talent: Strategy, Analysis, and Management Position Type: Fall Undergraduate InternshipOffice Location: NYC/Financial DistrictReports to: Vice President, Strategic OperationsHourly Rate: $17.50/hr
Note: If needed, HDC will fully support an intern’s application for credit or stipend from their school/university. About HDCThe New York City Housing Development Corporation (HDC) is a public benefit corporation and the nation’s largest municipal Housing Finance Agency. HDC seeks to increase the supply of multi-family housing, stimulate economic growth, and revitalize neighborhoods by financing the creation and preservation of affordable housing for low-, moderate-, and middle-income New Yorkers. HDC’s programs support the construction and preservation of multi-family affordable housing in New York City. Position Summary:The Strategic Operations Undergraduate Intern will work with colleagues in the President's Office, across HDC, and with external partners to identify and implement solutions to issues of strategic importance to the Corporation. As part of the team, you will gain experience analyzing and managing issues that cut across HDC's different divisions that require a comprehensive approach. Through one or more projects, you will receive coaching and support on how to:

Define challenging policy, operational, and financing problems
Synthesize complex and unstructured qualitative and quantitative information to inform decision-making
Collaborate in a cross-functional environment with professionals from different disciplines
Fine-tune your writing, presentation, and communication skills to be effective in time-constrained environments

The Strategic Operations Undergraduate Intern will work on the Vice President for Strategic Operations' team in the President's Office and report to the Director of Strategic Planning & Analysis. Recent projects or issues on which the team has worked include: an evaluation of a legacy middle-income affordable housing program; estimation of revenue trends, cost trends, and capital needs across HDC’s portfolio; development of proposals to streamline the moving of formerly homeless households into permanent affordable housing; crafting successful recommendations to reduce federal administrative barriers in the lease-up process; structuring a new equity-enhancing loan guarantee with an external financial institution; and investigating solutions to rising insurance costs in multifamily affordable housing.

Responsibilities:Responsibilities, depending on the project, could include:

Analyze quantitative and qualitative data to describe a program or issue's characteristics, challenges, and trends
Research and summarize policies, programs, or statutes
Write short memos describing policy and programmatic options
Build financial models to evaluate programmatic or operational changes
Assess how current tools can be modified or used in novel ways to advance new goals
Identify misalignment between operations and policies that can be addressed to improve outcomes
Provide a sounding board for idea development, stakeholder engagement, and project management
Synthesize existing procedural documents, process flows, and program eligibility requirements

Application DeadlineHDC will review applications and schedule interviews on a rolling basis. The deadline for submission is 8/29/2025.

Required Qualifications:

Must be pursuing an undergraduate-level degree in any field of study

Preferred Qualifications:

Professional experience or coursework in real estate finance, housing policy, program design, program implementation, quantitative analysis, management consulting, or equity research
Data analysis skills in at least one analytics framework (e.g., R, Python, Stata, SAS)
Financial modeling skills in Excel

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