Summer Legal Intern

New York City Housing Development Corporation
17dOnsite

About The Position

HDC is the nation’s largest municipal housing bond issuer for affordable housing projects and offers an opportunity to gain hands on experience with, and insight into, the affordable housing industry, public finance and City government. The Legal Intern will work on real estate closings for affordable housing projects including new construction, preservation loan and conversion loan closings and other aspects of the legal department’s work as needed.

Requirements

  • Currently matriculated student at an accredited United States law school.
  • Completed a course on Real Property Law prior to beginning the internship.

Nice To Haves

  • Prior real estate, affordable housing, public finance, and/or New York City government experience and/or coursework strongly preferred.
  • Demonstrable interest in affordable housing, public service and/or transactional real estate.
  • Strong organizational, analytical, and problem-solving skills.
  • Excellent interpersonal, verbal, and written communication skills.
  • It is strongly preferred that you submit a cover letter with your resume.

Responsibilities

  • Assist in all aspects of documenting, negotiating, and closing new construction and preservation financings and conversions of construction loans to permanent financing.
  • Review contracts, leases, title, and other documents related to real estate financings and HDC programs.
  • Research and prepare memoranda on affordable housing law and in connection with HDC transactions, programs, and policy issues.
  • Perform general legal work related to the Corporation’s work as required.
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