Lending Analyst I

PHFA Pennsylvania Housing Finance Agency; Harrisburg (Dauphin County); Hybrid; USD 65,000 - 85,000; Full time

Job summary

The Pennsylvania Housing Finance Agency is seeking a detail‑oriented analyst to determine eligibility for loan and tax credit financing on rental housing developments. You will coordinate the multifamily review process, input and review Excel spreadsheets, and liaise with developers to ensure timely submissions and compliance with program guidelines.

Responsibilities include maintaining records, preparing reports, and staying current with Section 42 and related federal housing programs.

Qualifications

• Bachelor degree in accounting, finance, or real estate.
• 1–3 years of relevant professional experience.
• Hybrid work model with in-office three days weekly.

Responsibilities

• Assess eligibility of rental housing developments for financing.
• Coordinate all stages of the multifamily review process.
• Input and review underwriting spreadsheets in Excel.
• Maintain records and prepare reports for funding programs.
• Liaise between divisions and developers to meet deadlines.

Skills

Experience 1-3 years

Education

Bachelor of Science - Accounting

Bachelor of Science - Finance

Bachelor of Science - Real Estate

Tools

Excel

Job description

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business.

Job Description

Determine the eligibility of rental housing developments for loan and tax credit financing using sound land use, environmental issues, market criteria, and prudent loan underwriting techniques. Coordinate all phases of the Agency’s multifamily development review process in a timely, complete, and accurate manner including inputting, editing, and reviewing multi-tabbed underwriting spreadsheets in Excel. Ensure effective coordination and collaboration as the liaison between PHFA’s multifamily divisions and rental housing developers being responsible for all necessary follow up with developers throughout the development process to assure compliance with Agency submission requirements and deadlines from application to project completion. Become well versed in Section 42 of the Internal Revenue Code of 1986, as amended and federal housing programs (including those administered by HUD and Rural Development) and keep apprised of all changes to regulations that are used by the Treasury Department, HUD, and Rural Development. Originate correspondence relating to assigned developments and as required, maintain necessary records, prepare reports, and perform related activities (including data entry) in a timely, complete, and accurate manner, which may include Carryover Allocation Agreements, Subsidy Layering Reviews, Indenture of Restrictive Covenants, and related documents. Interpret PHFA rules and regulations related to tax credit, federal, state, and local funding programs. Responsible for the ongoing maintenance of both the computer and hard copy files for proposals which receive funding. Entry-level professional with limited or no prior experience to contribute on a project or program. Role learns to use professional concepts to resolve problems of limited scope and complexity under close supervision while achieving day-to-day objectives. Works on developmental assignments that are initially routine in nature, requiring limited judgment and decision making. This level is typically focused on self-development. Requires theoretical knowledge through specific education and training Perform any and all duties as assigned. Maintaining a physical presence at the office on scheduled workdays is required in order to collaborate more fully with Agency staff.

Preferred knowledge

Preferred knowledge of the federal Low Income Housing Tax Credit Program and/or federal housing programs is desirable.

Hybrid Work Schedule

Hybrid Work Schedule - Minimum of three days in office required.

Qualifications

Bachelor of Science - Accounting, Bachelor of Science - Finance, Bachelor of Science - Real Estate, Relevant professional experience (1-3 years) Experience Relevant professional experience (1-3 years)

EEO Statement

As an employer, PHFA is committed to having a workforce that is diverse and reflects the residents that it serves. We strive to maintain a workplace where all employees and applicants for employment receive equal opportunities in all aspects of employment. There are numerous policies in place at PHFA to help us honor this commitment. The Pennsylvania Housing Finance Agency is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, disability, family status, gender, national origin, political affiliation, race or religion.

Diversity Statement

PHFA values, honors and commits to the equitable treatment and elimination of discrimination in all forms. We are committed to the diversity of all staff, and in all programs and services offered.

Invitation to Join Our Team

We look forward to meeting you and building something great together.

The Pennsylvania Housing Finance Agency offers affordable homeownership and rental apartment choices to support people with special housing needs, low- and moderate-income families, and older adults.