Multi-Family Affordable Housing Program (AHP) Analyst

Yoh, A Day & Zimmermann Company; Irving (TX); Hybrid; USD 43,000 - 62,000; Full time

Benefits offered by this job

Medical, Prescription, Dental & Vision

Health Savings Account (HSA)

Life & Disability Insurance

MetLife Voluntary Benefits

Employee Assistance Program (EAP)

401K Retirement Savings Plan

Direct Deposit & weekly epayroll

Referral Bonus Programs

Certification and training

Job summary

Yoh, a Day & Zimmermann company, seeks an AHP Analyst for a 12+ month contract in Irving, TX. The role requires deep experience with 15-year proformas, multi-family rental, rent rolls, LIHTC compliance, and funding requests on construction draws.

Hybrid work is offered with travel up to 10%. Responsibilities include evaluating and underwriting AHP applications, providing technical assistance to institutions, and ensuring program compliance across federal and state affordable housing programs.

Qualifications

• Bachelor’s degree in business, Finance, Economics, Real Estate, Public Policy, Urban Planning; a master’s preferred.
• 4–6 years financial analysis and credit underwriting in commercial real estate or housing.
• Completion of major corporate bank credit training or equivalent preferred.
• Excellent presentation, interpersonal, written, and oral communication skills.
• Advanced PowerPoint, Excel, Adobe Acrobat and Word skills.
• Ability to travel and present at bank/industry events.

Responsibilities

• Analyze AHP rental and owner-occupied disbursement requests for compliance with AHP rules.
• Recommend approvals or denials to the AHP General Fund Manager.
• Participate in analysis and selection of Affordable General Fund Housing program applications.
• Provide technical assistance to member institutions and community leaders on AHP features.
• Interact with analysts on complex funding and monitoring issues.
• Review multi-family project disbursements for funding viability.
• Approve HELP, SNAP and AHP owner-occupied disbursements when designated.
• Conduct compliance reviews of AHP rental projects (income targeting and rent).
• Provide updates to management on project status and viability.
• Review project status reports to ensure compliance with policies.
• Travel up to 10% for speaking engagements and promotions.
• Develop knowledge of other Bank Community Investment products and services.
• Stay current on local, state, and national affordable housing programs.
• Perform user acceptance testing and maintenance of internal systems; ensure compliance with controls.
• Plan AHP workshops and webinars; support department operations.

Skills

Proformas experience (15y)

Multi-family rental monitoring

Rent rolls review

Affordable housing / LIHTC compliance

Affordable housing ownership

Funding requests on construction draws

Federal and state affordable housing

Education

Bachelor’s degree in Business, Finance, Real Estate, Public Policy, Urban Planning

Master’s in public administration preferred

Job description

Multi-Family Affordable Housing Program (AHP) Analyst

12+ month contract

Irving, TX (Hybrid)

Must have experience with:

• 15-year proformas
• Multi-Family Rental; monitoring of multi-family real estate properties
• Experience reviewing rent rolls including tenant files
• Affordable Housing or LIHTC Compliance
• Affordable Housing Ownership Experience
• Funding requests—experience processing funding requests on a construction draw
• Federal and state affordable housing programs

PURPOSE

Responsibilities include the evaluation, underwriting, selection and compliance of Affordable Housing Program (AHP) applications; technical assistance to member institutions and community organizations concerning the Affordable Housing Program as well as the Community Investment Program; review, analyze and process requests for grant funds from member institutions and community organizations and assist in preparation of departmental marketing materials. Ensure compliance of AHP projects to the program rules and regulations.

RESPONSIBILITIES

• Analyze AHP Rental and Owner-Occupied disbursement requests to ensure all required documentation is in compliance with AHP regulations and departmental policies and procedures. Make approval/denial recommendations for funding to AHP General Fund Manager.
• Participates in the analysis, review, and selection of Affordable General Fund Housing program applications.
• Provide technical assistance to member institutions, non-profit organizations and community/government leaders on the features and uses of the Affordable Housing Program.
• Interacts with other analysts on complex issues regarding applications, modifications, fundings and monitoring.
• Analyze complex multi-family rental project disbursements to ensure project is viable for funding, as assigned.
• Review and approve HELP, SNAP and AHP owner-occupied disbursements request when designated.
• Perform the compliance review of AHP rental projects to ensure that AHP compliance requirements are being met. (Income targeting and rent compliance)
• Provide the management team with updates and status reports on project completion/modification, as assigned. Make recommendations concerning the continued viability of said projects.
• Analyze and review project status reports and other information to ensure that projects are in compliance with AHP regulations and departmental policies.
• Up to 10% travel required to participate in various speaking engagements and promotional appearances (local, state-wide, regional, or national).
• Develop a working knowledge of the Bank's other products and services, especially those offered by the Community Investment Department.
• Develop and maintain knowledge of local, state, and national programs that are involved in financing affordable housing development; provide assistance and update policies and procedures to ensure effective administration of the Affordable Housing Program.
• Perform user acceptance and validation testing and maintenance of internal systems and applications. Ensure implementation is in compliance with department internal controls, policies and procedures, FHFA regulations and Bank policy.
• Participate in the planning and organizing of the AHP workshops and webinars.
• Perform regular and ad hoc activities in support of the operational needs of the department.

REQUIREMENTS

• Bachelor’s degree in business, Finance, Economics, Real Estate, Public Policy, Urban Planning. A master’s in public administration preferred.
• 4-6 years financial analysis and credit underwriting experience associated with commercial real estate/multi-family properties, housing development, commercial finance or other demonstrated affordable housing experience.
• Completion of major corporate bank credit training or equivalent experience preferred.
• Excellent presentation, interpersonal, oral and written communication skills.
• Advanced experience with PowerPoint, Excel, Adobe Acrobat and Word.
• Ability and flexibility to travel and/or make presentations at Bank and industry functions, workshop, conferences, etc.
• Grow America (fka the National Development Council) or other comparable professional housing certification preferred.

Estimated Min Rate

$31.50

Estimated Max Rate

$45.00

What’s In It for You?

Benefits include:

• Medical, Prescription, Dental & Vision Benefits (for employees working 20+ hours per week)
• Health Savings Account (HSA) (for employees working 20+ hours per week)
• Life & Disability Insurance (for employees working 20+ hours per week)
• MetLife Voluntary Benefits
• Employee Assistance Program (EAP)
• 401K Retirement Savings Plan
• Direct Deposit & weekly epayroll
• Referral Bonus Programs
• Certification and training opportunities

Note: Any pay ranges displayed are estimations. Actual pay is determined by an applicant's experience, technical expertise, and other qualifications as listed in the job description.

Yoh, a Day & Zimmermann company, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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For California applicants, qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. All of the material job duties described in this posting are job duties for which a criminal history may have a direct, adverse, and negative relationship potentially resulting in the withdrawal of a conditional offer of employment.

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