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Portfolio Analyst Intern (Summer)
New York City Housing Development CorporationNew York City, United StatesinternshipVerifiedPosted 25 Apr 2025
About the role
Intern role name: Portfolio Analyst Intern Area of Talent: Asset Management Position Type: Summer 2025Office Location: NYC/Financial DistrictHourly Rate: Undergrad $17.00If requested, HDC will 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:HDC purchased a large portfolio of loans from the City in October of 2020. The summer intern will be tasked with obtaining documentation for these loans and summarizing key data points.Responsibilities:
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:HDC purchased a large portfolio of loans from the City in October of 2020. The summer intern will be tasked with obtaining documentation for these loans and summarizing key data points.Responsibilities:
- Accessing the City’s Automated Register Information System (ACRIS) to download and electronically file specific documents (ex: mortgage notes, regulatory agreements)
- Reviewing these documents to record specific data into a spreadsheet
- Collaborating with the Legal and Asset Management departments to ensure the needs of the Corporation are fulfilled by this project
- Pursuing a BA or BS degree. This internship is open to all majors, but see “preferred qualifications” below for coursework areas most relevant to this opportunity
- Excellent communication skills
- Proficiency in Word, Excel, and Microsoft Office
- Understanding of basic mortgage concepts helpful
- Knowledge of Federal, New York State, and New York City affordable housing programs is a plus
- Intermediate coursework in finance, accounting, economics, or public administration
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