Lending Analyst II

PHFA Pennsylvania Housing Finance Agency; Harrisburg (Dauphin County); Presencial; USD 95.000 - 135.000; Jornada completa

Descripción de la vacante

PHFA Pennsylvania Housing Finance Agency in Harrisburg seeks a Multifamily Project Underwriting & Financial Analyst to review multifamily applications, determine LIHTC and loan eligibility, and apply prudent underwriting practices to complex transactions.

You will coordinate with developers and internal divisions, manage closing processes, and ensure compliance with QAP and program guidelines while supporting continuous improvement and external relations in the affordable housing sector.

Formación

• Bachelor degree in business administration, public administration, finance, IT, or real estate.
• 3–5 years of work experience in the affordable multifamily housing field.
• Experience with Low Income Housing Tax Credit underwriting or development preferred.

Responsabilidades

• Underwrite and analyze multifamily applications to determine eligibility for LIHTC and Agency loans.
• Coordinate project review processes with Developers and internal Agency divisions to meet submission deadlines.
• Facilitate closings and prepare closing-related documents and compliance materials.
• Prepare comprehensive underwriting memoranda and maintain organized project files and data in Agency systems.
• Represent the Agency at industry events and maintain relationships with developers and financing partners.
• Support program improvements through research on industry trends and policy developments.

Educación

Bachelor of Science - Business Administration/Management

Bachelor's degree in business administration, public administration, finance, computer technology, or real estate

Descripción del empleo

Job Description

Multifamily Project Underwriting & Financial Analysis

Coordinate the review of assigned multifamily applications.

Determine eligibility for Low-Income Housing Tax Credits (LIHTC) and Agency loans.

Apply prudent underwriting techniques to complex affordable housing transactions.

Conduct comprehensive reviews of applications, environmental reports, appraisals, market studies, financing commitments, and project updates.

Assess financial feasibility and compliance with the Agency's QAP, Development Cost Limits, and Application Instructions.

Project Management & Stakeholder Coordination

Serve as the primary point of contact for assigned developments.

Act as liaison between developers and internal Agency divisions.

Facilitate communication among Housing Management, Technical Services, Financing, Legal, and other stakeholders.

Coordinate project review activities and ensure adherence to submission requirements and timelines.

Reprioritize projects based on Agency staffing, financing resources, and bond issuance schedules.

Participate in weekly project closing calls following Board approval.

Closing & Transaction Execution

Facilitate financial closings for multifamily developments.

Finalize pre-commitment packages, modification requests, and Board write-ups.

Prepare closing-related documents, including:

• Subsidy Layering Reviews
• Other required closing documents
• Compliance
• Regulatory Review & Risk Management

Documentation, Reporting & Records Management

Prepare comprehensive developer correspondence and underwriting review memoranda.

Document deficiencies and required resolutions throughout the review process.

Maintain complete project files in both electronic and hard-copy formats.

Ensure timely and accurate data entry into Agency systems.

Produce Board materials and project status documentation.

Industry Relations & External Representation

Represent the Agency at industry conferences, meetings, groundbreakings, ribbon cuttings, and housing events.

Build and maintain relationships with developers, financing partners, and industry stakeholders.

Serve as an Agency representative during project development and closing activities.

Strategic Planning, Research & Program Improvement

Monitor affordable housing industry trends and policy developments.

Provide recommendations regarding program enhancements and emerging market trends.

Conduct qualitative and quantitative research to improve Agency programs, guidelines, and operational efficiencies.

Support continuous improvement initiatives within the department.

Professional Development & Organizational Participation

Participate in Agency-sponsored training and professional development opportunities.

Maintain current knowledge of affordable housing finance, underwriting, and regulatory requirements.

Perform additional duties as assigned.

Maintain required in-office presence and collaborate effectively with Agency staff.

Location: Harrisburg Office

Qualifications

• Bachelor of Science - Business Administration/Management, Relevant professional experience (2-5 years)
• Experience Relevant professional experience (2-5 years)
• Bachelor's degree with a preferred degree in business administration, public administration, finance, computer technology, or real estate. or an equivalent amount of relevant experience.
• Three to five years work experience in the affordable multifamily housing field.
• Previous work experience with Low Income Housing Tax Credit underwriting or development.

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.

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.