The New York City Housing Authority’s Real Estate Development Department (REDD) is charged with leading and structuring real estate transactions that will address over $15 billion in capital needs and overseeing the long-term stewardship of NYCHA property. REDD will utilize the following three tools to generate the necessary revenue: 1) Permanent Affordability Commitment Together (PACT) – PACT will use US Department of Housing and Urban Development (HUD) Section 8 programs to fund renovations and convert public housing (Section 9) apartments to permanently affordable housing. NYCHA plans to convert 62,000 apartments over 10 years, which will address $12.8 billion of capital needs. 2) Build to Preserve (BTP) – New mixed-income buildings will be constructed on some underutilized spaces across the NYCHA portfolio. NYCHA expects to address $2 billion in capital need across approximately 10,000 apartments. 3) Transfer to Preserve (TTP) – NYCHA will sell a portion of its estimated 80 million square feet of unused development rights (aka “air rights”) to adjacent privately-owned sites. TTP will generate $1 billion for capital repairs at adjacent developments. Under the direction of the Design Director, the Design Program Manager will work on the implementation design excellence for PACT developments and other REDD projects. In doing so the Design Program Manager will perform complex analytical and coordination work related to the development, and/or implementation of housing programs designed to preserve and upgrade neighborhoods, or to improve urban renewal areas or public and private housing; may supervise subordinate staff; perform related work. This is an exciting opportunity to join a small but growing team of real estate professionals, public housing experts, architects, planners, and urban designers to shape meaningful investments in NYCHA’s portfolio that not only address the physical needs of buildings and apartments but also enhance resident health and access to opportunity.
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Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees