Capital Analyst

About HPD

HPD is the nation’s largest municipal housing agency, responsible for building and preserving affordable housing, protecting tenants from harassment and displacement, and holding landlords accountable across New York City’s five boroughs. Under Commissioner Dina Levy and the Mamdani Administration, HPD pursues an ambitious housing agenda focused on the needs of New York’s tenants, using tools such as standards enforcement, tenant resources, and the creation of new affordable housing.

Your Team

The Division of Capital Planning, part of the Office of Finance and Administration, manages funding for HPD’s capital program—including affordable housing development, technology initiatives, and critical housing infrastructure projects. The division oversees HPD’s $20 billion Ten‑Year Capital Strategy and collaborates with the Office of Development, HPD Tech, Division of Operations & Support Services, and other city capital agencies to conduct financial analysis, review underwriting, shepherd projects through approval, and guide eligible use of capital funding per Comptroller’s Directive 10.

Your Impact

As a Capital Analyst you will play an integral part in HPD’s capital planning process, securing funding approval for affordable housing projects. Your work will directly support the preservation and new construction of affordable housing in New York City, advancing the Mayor’s housing plan and HPD’s mission to create and preserve quality, affordable housing.

You will receive on‑the‑job training in the city’s budgeting procedures and fundamentals of real‑estate finance for affordable housing, gaining broad knowledge of HPD’s loan programs, statutory lending authorities, and capital‑spending requirements.

Role & Responsibilities

• Manage capital funding requests for affordable housing projects pursuant to the Mayor’s Office of Management and Budget’s Certificate to Proceed (CP) process.
• Review and evaluate project submissions, assessing budgetary and policy implications.
• Serve as a liaison to OMB, advocating for assigned project portfolios, answering questions promptly, and troubleshooting issues needed for final CP approval.
• Develop strong working relationships with internal and external stakeholders.
• Maintain internal tracking of project data for pending and approved CPs.
• Conduct ad‑hoc quantitative and qualitative analysis as needed.
• Prepare briefing materials, memos, and reports.

Preferred Skills

• Ability to simultaneously manage multiple projects with competing deadlines.
• Critical thinking and analytical skills.
• Excellent interpersonal and communication skills (both oral and written).
• Strong fluency with Microsoft Office 365 (especially Excel and Word) and willingness to learn new applications.
• Interest in affordable housing policy issues.
• Familiarity with the city’s budgeting process.

Minimum Qualifications

• Baccalaureate degree from an accredited college + 2 years of community‑oriented experience related to the duties described.
• OR high school graduation/equivalent + 6 years of community‑oriented experience related to the duties described.
• OR equivalent education/experience as described above, provided the candidate has at least 1 year of experience meeting the first option.

Public Service Loan Forgiveness

As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. More information is available at the U.S. Department of Education’s website: https://studentaid.gov/pslf/.

Residency Requirement

New York City residency is generally required within 90 days of appointment. City employees in certain titles who have worked for the City for two continuous years may also reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. Confirm applicability with the agency representative during the interview.

HPD is an inclusive equal‑opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment free from discrimination and harassment based on any legally protected status or characteristic.