Housing Finance Analyst - Range 2

Sacramento Housing and Redevelopment Agency; Sacramento (CA); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

CalPERS Pension Retirement

Health benefits through CalPERS (Med/D

Dental options

Vision insurance for employee +1

Paid time off – holidays and vacation

Bilingual pay – 5% additional

Downtown parking subsidy $175/month

Professional Development opportunities

Job summary

Sacramento Housing and Redevelopment Agency is seeking a seasoned housing finance and development professional to finance, develop, and implement affordable housing programs. The role collaborates with city and county partners to advance policy and funding strategies, manage data systems, and produce internal and external reports.

Responsibilities include leading complex financing, coordinating with developers, lenders, and consultants, and guiding equity and bond processes, with a strong

Qualifications

• Education: Bachelor's Degree as specified.
• Minimum of three years experience in commercial real estate development, affordable housing, or related fields.
• Experience with housing policy and finance data systems is preferred.

Responsibilities

• Develop housing finance programs to provide affordable housing and revitalize neighborhoods.
• Seek funding from private and public entities to leverage Agency funds.
• Undertake market studies and gather information on effective housing programs.
• Lead or participate in project teams for major housing developments.
• Review loan and bond financing applications and provide funding recommendations.
• Prepare reports and recommendations for governing board approval.
• Coordinate with developers, lenders and staff to communicate programs.

Skills

GIS mapping software

Financial analysis

Stakeholder engagement

Education

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

Tools

GIS mapping

Excel

Data visualization tools

Job description

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.

• Bilingual pay – 5% additional

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.

Essential Areas of Responsibility

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 & Experience

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.

Job Duties & Responsibilities

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.

SHRA is 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.

Benefits

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:

• 12 paid holidays plus 3 floating holidays
• Agency closure the last full week of December
• 2 weeks of vacation per year with increasing accruals based on years of service
• 12 sick days per yearMedical and Dental insurance for full family (through CalPERS)
• Free Vision insurance for up to Employee + 1
• CalPERS Pension Retirement
• $10,000 life insurance
• Bilingual pay – 5% additional
• Downtown parking subsidy of $175/month (eligible locations)
• Tuition and Student loan reimbursement up to $5,250 per year
• Professional Development opportunities

Retirement benefits

Employees who retire with SHRA are eligible for the following CalPERS benefits.

• CalPERS pension
• Free medical insurance after retirement after 20 years of service

Additional benefits

• Bilingual certified staff receive an additional 5% each pay period once they have been tested and certified as a bilingual resource.
• SHRA is also a qualified employer for the Public Service Loan Forgiveness (PSLF) program. The PSLF program forgives the remaining balance on your Direct Loans.
• SHRA strives to provide a work-life balance to all employees. In addition to generous paid leave benefits, SHRA employees work a two-week schedule of nine 9-hour days with every other Friday off.