Director, Fund Investments

LISC is one of the country’s largest community development organizations, helping forge vibrant, resilient communities across America. LISC works with residents and partners to close gaps in health, wealth, and opportunity so that people and places can thrive. We do this by acting as a conduit for grants, loans, and equity—and by providing technical assistance and capacity building—to locally rooted organizations that carry out the work in communities.

About Strategic Investments

The LISC Strategic Investments team leads the design, development, and deployment of impact investment funds in LISC’s local markets nationwide. Employing an “impact first” investment methodology, we aim to optimize community impact while achieving sustainable risk-adjusted returns for investors.

Our local presence, combined with national investment expertise, creates a powerful impact. This network requires careful coordination between Strategic Investments, LISC Local Offices, and other stakeholders. While many groups support fund management, the Strategic Investments team is ultimately responsible for ensuring a successful track record of LISC’s off-balance sheet fund investments. Visit us at www.liscstrategicinvestments.org.

About This Role

Are you a strategic community development finance professional passionate about creating impactful investment strategies? LISC Strategic Investments seeks a dynamic Director of Fund Investments to lead our national investment efforts across diverse markets and products.

You will drive our national investment strategy, build relationships with strategic partners, and source, evaluate, and structure impactful deals aligned with our geographic, impact, and financial goals.

The ideal candidate has at least ten years of experience in community development finance, with a proven track record in originating, structuring, and closing complex transactions. Deep knowledge of financing products—such as predevelopment, permanent loans, lines of credit, and tax credit equity—is essential.

This role involves building and managing relationships with developers, borrowers, and stakeholders, managing multiple transactions, and ensuring alignment with community needs and investor expectations.

Key responsibilities include:

1. Create and implement innovative investment strategies for national funds.
2. Build a diverse pipeline of impactful opportunities.
3. Structure complex financial transactions balancing risk, return, and community impact.
4. Manage relationships with partners and borrowers.
5. Contribute to the growth of LISC SI’s community development initiatives.

Essential Duties and Responsibilities

Origination Strategy Development and Pipeline Management (35%)

• Develop multifaceted investment strategies for affordable and workforce housing funds.
• Manage tracking and follow-up with strategic partners.
• Provide feedback to leadership and refine strategies as needed.
• Ensure investment targets are met across various metrics.
• Develop success metrics and coordinate outreach efforts.

Deal Sourcing and Risk Assessment (30%)

• Identify pipeline opportunities and assess transactional risks.
• Ensure opportunities meet fund requirements and manage negotiations.
• Lead due diligence and manage underwriting expectations.

Deal Structuring and Investment Process (25%)

• Coordinate with credit officers and underwriters.
• Present recommendations to the investment committee.
• Support closing, manage post-closing risk, and serve as a liaison for asset management.

Relationship Management and External Representation (10%)

• Build and maintain relationships with developers and partners.
• Represent LISC at events and conferences.
• Serve as a thought leader in community development finance.

Qualifications

• Bachelor’s degree in business, finance, real estate, or related fields, or equivalent experience.
• At least 8 years in housing/community development or multifamily real estate, including deal origination and closing.
• Strong network of potential clients and partners is preferred.
• Deep knowledge of financing products, especially affordable housing sources.
• Experience with transaction financing at the business/entity level.
• Excellent communication skills and attention to detail.
• Proficiency in Microsoft Office, especially Excel.
• Interest in LISC’s community development mission.

Salary and Benefits

Competitive salary based on experience and qualifications, with tiers ranging from $102,000 to $159,400. Up to 20% travel expected annually. Benefits include health coverage, retirement plans, paid time off, tuition assistance, and professional development opportunities.

Equal Opportunity Employment

LISC is committed to diversity and inclusion and does not discriminate based on race, gender, age, disability, or other protected characteristics. We provide reasonable accommodations for applicants with disabilities.