Senior Affordable Housing Analyst — Hybrid Role

Federal Home Loan Bank of Des Moines; Des Moines (IA); Hybrid; USD 81,000 - 97,000; Full time

Benefits offered by this job

11 paid holidays

5 weeks PTO

Hybrid work schedule

401(k) match and Total Rewards

Job summary

The Senior Rental Housing Analyst at Federal Home Loan Bank of Des Moines supports the Affordable Housing Program by reviewing AHP rental project applications, providing technical assistance to sponsor organizations and member institutions, and coordinating with stakeholders to monitor funding and project progress.

You will analyze budgets, sources and uses statements, and legal documents, while ensuring compliance with AHP guidelines and program administration.

Qualifications

• Bachelor’s Degree in Finance, Accounting, Real Estate, Business, Economics, or related field is required.
• 5 to 7 years of experience with commercial real estate lending, real estate development, property management or multi-family project development and management.
• Affordable housing program experience such as HOME, CDBG, and/or LIHTC or other regulatory background preferred.
• Experience in providing technical assistance, including training seminars.
• Asset management experience helpful.
• Strong written and verbal communication skills, including oral presentation.
• Strong problem solving skills.
• Strong organizational skills and ability to handle multiple tasks in a timely manner.
• Skilled with Office software including Outlook, Excel, Word and PowerPoint.

Responsibilities

• Analyzes complex real estate budgets and operating statements to determine feasibility and communicate conclusions to management and the Board.
• Independently completes rental housing project feasibility review analyses at application, funding disbursement, modification and completion monitoring.
• Analyzes complex Sources and Uses Statements, Cost Breakdowns, Pro formas, and legal documents.
• Provides technical assistance to Member Institutions, Sponsor Organizations, and project owners regarding AHP products, development and program administration.
• Analyzes, recommends, and negotiates repayment, settlement, and modification options for non-compliant projects.
• Partners with Rental Housing Specialists and other Analysts to ensure projects comply with AHP regulations and implementation plans.
• Provides support to Rental Housing Specialists and other Analysts in completion of AHP projects.
• Exercises knowledge of AHP guidelines, policy and procedures, and helps research and recommend forms and systems.
• Assists in promoting AHP products through direct calling or presentations at meetings and conferences.

Skills

Budget analysis

Real estate finance

Communication

Problem solving

Office software

Education

Bachelor’s Degree in Finance, Accounting, Real Estate, or related field

Tools

Excel

PowerPoint

Outlook

Word

Job description

The Senior Rental Housing Analyst at Federal Home Loan Bank of Des Moines supports the Affordable Housing Program by reviewing AHP rental project applications, providing technical assistance to sponsor organizations and member institutions, and coordinating with stakeholders to monitor funding and project progress.

You will analyze budgets, sources and uses statements, and legal documents, while ensuring compliance with AHP guidelines and program administration.