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Housing Subsidy Program Analyst

3 months ago

Boston, United States Exec Office of Housing and Livable Communities Full time

Executive Office of Housing and Livable Communities (EOHLC) is seeking a Housing Subsidy Program Analyst in the Division of Housing Development

**AGENCY MISSION**:
The Executive Office of Housing and Livable Communities (EOHLC) is charged with creating more homes in Massachusetts and lowering housing costs for residents.

Formerly known as the Department of Housing and Community Development (DHCD), EOHLC works with municipalities, local housing authorities, non-profit organizations, and development partners to provide affordable housing options, financial assistance, and other support to Massachusetts communities.

**OVERVIEW OF ROLE**:
The focus of this work is to increase the supply of privately-owned affordable housing, both rental and homeownership, through the management of competitive funding rounds for federal and state funds, oversight of the construction process, and monitoring of developments in operation.

**DUTIES AND RESPONSIBILITIES (NOT ALL INCLUSIVE)**:
**1) Application Review**:
**2) Financing**:

- Help prepare funding recommendations for subsidy managers, director/undersecretary.
- Chair/participate in business meetings with other lenders, developers and their representatives.
- Coordinate MassDocs loan closing with outside counsel and other lenders.
- Coordinate/negotiate project workouts; review/analyze refinance or loan modification requests.
- Coordinate Executive Office of Housing and Livable Communities (EOHLC) role in HOME/Housing Stabilization Fund(HSF)-assisted homeownership unit sales, refinance requests and foreclosure situations.

**3) Construction/Project Management**:

- Monitor and/or coordinate construction oversight with contract architect.
- Track project expenditures and review lender advisor reports on a monthly basis.
- Conduct site visits and on-going project reviews, including project eligibility letter (PEL) requests.
- Review/approve project cost certifications and close out reports.
- Maintain current project and program information in division’s rental database, shared drives, and file storage.

**4) Technical Assistance**
- Provide technical assistance to project sponsors/borrowers through meetings, phone calls, and correspondence.

**5) Training & Agency Representation**:

- Assist in the training of new junior program staff.
- Represent the agency at various housing related events.
- Represent the division and the agency on inter
- and intra-agency working groups.

**6) Assisting**:

- Assist in preparing public presentations on agency policies and programs.
- Assist in meeting various federal and state funding requirements such as: preparing environmental reviews, including associated legal notices, assisting in the Community Housing Development Organization (CHDO) (re)certification process, assisting in compliance monitoring, and assist in the development of Program information for submittal to our development partners or to other executive offices and to the legislature.
- Assist in the preparation of detailed reports on the programs, as required by federal and state legislative committees and as needed for federal and state reporting purposes.
- Assist as directed in implementation of new rental sources available through federal recovery acts of 2021/2022 (ARPA and HOME-ARP).

**PREFERRED QUALIFICATIONS**:
1. Knowledge of the principles and practices of real estate financing.

2. Knowledge of federal, state and local resources to support the development of affordable housing, including permanent, transitional and special needs housing.

4. Knowledge of principles and practices of affordable and market rate housing and factors influencing the housing market.

5. Ability to analyze development and operating pro forma.

6. Knowledge of legal terminology and requirements of the real estate loan closing process.

7. Ability to analyze and determine the applicability of verbal, written and statistical information to a particular housing issue, policy or program.

8. Ability to communicate effectively in written and oral expression, including the ability to make public presentations to different audiences.

9. Ability to assume a leadership role in a team setting and to facilitate group participation/process.

10. Knowledge of effective techniques for motivating staff and overseeing specific team projects/activities/initiatives.

11. Ability to adjust to changing priorities and to carry substantial responsibilities related to the Programs and to initiatives within the division.

12. Excellent computer skills, including Microsoft Excel, Word, and PowerPoint.

13. Demonstrated sound judgement.

**COMMENTS**:
**Please upload resume and cover letter.**

This position would be expected to follow a hybrid model of reporting to work that combines in-office workdays and work from home days, as needed.

**Qualifications**

Minimum Entrance Requirements:
Applicants must have at least (A) four years of full-time, or equivalent part-time, professional experience in real