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Experience in affordable housing development financing and working knowledge of local, state and federal housing programs and financing tools, including LIHTC. Demonstrated effective negotiation skills, and ability to build strong relationships with development partners, investors, banks, funding agencies, and other entities.
$106,479.78 - $181,016.16 a yearFull-timeExpandApply NowActive JobUpdated 3 days ago - UpvoteDownvoteShare Job
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What is your experience in affordable housing development and financing? This unit is responsible for administering programs and funding processes for state-funded affordable housing development resources.
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Experience with housing or real estate finance, including financing large residential projects utilizing multiple funding sources; extensive affordable and multifamily housing and related financing experience and/or municipal finance.
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Collaborate with various HUD financing programs including RAD as well as other state and local funding. Attends public meetings and advocates for affordable housing for our community.
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Economic Development, Energy Policy, Transportation Systems, Economic Transformation, Financing, Real Estate Services, Waterfront Development, Community Engagement, Urban Planning, Green Jobs, Freight Logistics, Cybersecurity, Life Sciences, Asset Management, Affordable Housing, and Maritime Development.
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Experience preparing financing applications for at least one (1) State of California Housing and Community Development Department funding source and one (1) City or County capital funding source for an affordable housing development as the lead Project or Acquisitions Manager.
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The Maryland Department of Housing and Community Development (DHCD) is a national leader in the financing and development of affordable housing and community development lending.
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In-depth experience in using affordable housing financing tools including LIHTC, OAHTC, FHA loan products, Project-Based HAP contracts, CDBG, HOME, HUD, bond programs, year-15 exists, etc.
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Keep up with regulatory changes and provides advocacy for affordable legislature, policies and procedures. Prepare, perform, and analyze pro forma, financial modeling of development projects, and be responsible for the oversight of financing/budgeting for projects.
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Exhibit strong familiarity with principles of affordable housing and commercial funding programs and mechanisms including local, state, and federal housing and community development programs including but not limited to low-income housing tax credits (LIHTC.
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Works collaboratively with local, state and federal government agencies and nonprofit and private sector developers on affordable housing issues, including project funding, down payment assistance, rehabilitation loan programs and special needs housing programs.
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Financing Programs: Must have direct experience with various funding programs, such as the Low-Income Housing Tax Credit program, Federal Funds (CDBG, HOME, etc.) Must possess comprehensive knowledge of financial risk and liability mitigation and show competency in multi-family real estate financing and analysis, including affordable housing finance.
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Extensive knowledge of and experience with affordable housing programs, including Supportive Housing programs, inclusionary zoning, special needs housing, Section 8 Rental Housing, Low Income Housing Tax Credits and Employer Assisted Housing Programs.
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Demonstrated experience with public and private affordable housing funding resources and subsidy programs, including low income housing tax credit program, tax exempted bonds, and syndication process; ability to creatively combine financing tools to leverage housing funds.
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Knowledge of policy in housing; community development funding including grants, bond financing and debt, tax credit, equity, and tax increment incentives; economic development, including small business and workforce; and wealth-building.
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