Housing Finance Analyst - Range 2

Sacramento-Housing-and-Redevelopment-Agenc; California; On-site; USD 120,000 - 150,000; Full time

Benefits offered by this job

Alternate 9/80 Schedule

CalPERS Pension

Health benefits

Paid time off

Parking subsidy

Professional development

Job summary

The Sacramento Housing and Redevelopment Agency (SHRA) is hiring a Housing Finance and Policy Analyst who will manage housing finance data systems, prepare internal and external reports, and support policy research in collaboration with the Development Department.

Responsibilities include developing housing finance programs, analyzing projects for loan and bond financing, coordinating with developers and lenders, and contributing to the agency's strategic planning.

Qualifications

• Bachelor's Degree in Public Administration, Community Development, Urban Planning, Social Services, Business, Banking or related field.
• Minimum of three years experience in commercial real estate development, affordable housing, community planning, finance, or project delivery work in community development, redevelopment or similar organization.
• Experience with finance, reporting or GIS is a plus.

Responsibilities

• Develop housing finance programs to provide affordable housing and revitalize neighborhoods.
• Lead or participate in project teams for major housing developments or programs.
• Review loan and bond financing applications and provide funding recommendations.
• Prepare and review agency loan and bond documents.
• Coordinate meetings with developers, lenders and other related parties to communicate Agency programs and policies.
• Support housing policy research and contribute to local, state and federal housing strategies.

Education

Bachelor's Degree in Public Administration, Community Development, Urban Planning, Social Services, Business, Banking or related field

Job description

Classification: Represented by SHRA Employee Association

To finance, assist in the development of, and establish programs and policies that provide affordable housing and neighborhood revitalization

SHRA's mission is to revitalize communities, provide affordable housing opportunities, and to serve as the Housing Authority for the City and County of Sacramento. In addition to being a part of an influential organization in the Sacramento community, employees in this classification are eligible for many great benefits.

Some of these benefits include:

• Alternate 9/80 Work Schedule:Enjoy a two-week schedule of nine 9-hour days with every other Friday off, giving you more long weekends to relax and maintain work-life balance.
• CalPERS Pension Retirement:Secure your future with a robust retirement plan. CalPERS is the largest public pension fund in the US.
• Comprehensive Health Benefits:Medical insurance offered through CalPERS, dental options, and free vision insurance for up to Employee +1
• Generous Paid Time Off Package:12 paid holidays, 3 floating holidays, 2 weeks of vacation per year
• $175 Downtown Parking subsidy for eligible employees
• Professional Development opportunities

Please note, this position is required to work onsite in Sacramento, California.

Through a variety of funding sources, the Development Department finances affordable housing developers to preserve and develop affordable housing in the City and County of Sacramento. In addition, the department works collaboratively with the City and County on the development and implementation of housing policy, including the City's and County's inclusionary housing programs and initiatives. This position will assume the duties outlined in the Job Description and will have responsibility for the housing finance data systems, internal and external reporting, GIS mapping, and assisting with housing policy research.

Education: Bachelor's Degree in Public Administration, Community Development, Urban Planning, Social Services, Business, Banking or related field AND Experience: Minimum of three years experience in commercial real estate development, affordable housing, community planning, finance, or project delivery work in community development, redevelopment or similar organization.

Program Development

• Develop housing finance programs that provide affordable housing and/or revitalize older deteriorated neighborhoods
• Seek funding from private and public entities to further leverage use of Agency funds and development objectives
• Undertake market studies and gather other relevant information on effective housing programs and financing

Project Implementation and Management

• Lead or participate in project teams for major housing developments or programs
• Manage contracting and performance of development-related entities (engineers, architects etc. ) for major projects
• Review applications for loan and grant financing and bond issuances leading to funding recommendations
• Complete financial analyses and risk assessments consistent with Agency underwriting policies and program guidelines
• Prepare proposals for developer selection and other required consultants, including bond counsel and bond underwriters
• Prepare reports and recommendations for governing board approval
• Prepare and review Agency loan and bond documents
• Coordinate intra-Agency communication with construction management and development staff to secure efficient project reviews
• Review complex legal documents related to Agency lending or guarantees
• Evaluate housing developments requesting financing under state or federal programs
• Organize, attend and coordinate meetings with developers, lenders and other related parties to communicate Agency programs and policies

Policy and Strategy Development

• Develop and articulate housing finance and development policies at local, state and federal levels
• Communicate Agency's positions at local, state and federal hearings
• Assist development staff in planning neighborhood strategies by providing technical expertise and project information
• Establish priority activities for Agency involvement and incorporation in Agency strategic plan
• Organize, attend and coordinate meetings with government officials to plan common strategies and policies for affordable housing finance and development

OTHER DUTIES:

All employees may be assigned, and required to carry out, additional duties at any time. An employee with a known disability will only be assigned additional duties when the duty being added is an essential function of the position, or can be carried out with reasonable accommodation.

Every employee is expected to participate in discussions of individual, department and Agency performance and work on problem-solving teams as assigned. Any employee serving on a problem-solving team may be asked to carry out the role of team leader.

Any person driving for Sacramento Housing and Redevelopment Agency must maintain a valid driver's license on his/her person, and demonstrate compliance with the motor vehicle law, standards of courtesy on the road and attention to safety. All drivers must maintain their insurability.

SHRAis an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, protected veteran status, or any other characteristic protected by applicable law.

Applicants must be authorized to work in the United States. We do not offer visa sponsorship at this time. Employment is contingent upon successful completion of a background check, in accordance with applicable laws including the California Fair Chance Act.