Affordable Housing and Finance Specialist

1 week ago

Santa Rosa, United States County of Sonoma Full time

**Position Information**:

- THIS RECRUITMENT IS PROMOTIONAL ONLY. YOU MUST PRESENTLY BE A FULL- OR PART-TIME REGULAR OR PROBATIONARY COUNTY OF SONOMA, COMMUNITY DEVELOPMENT COMMISSION, SONOMA COUNTY FAIRGROUNDS, OR SONOMA COUNTY WATER AGENCY EMPLOYEE IN ORDER TO APPLY FOR THIS POSITION.

The Community Development Commission (CDC) has requested a **department promotional** certification to fill a Finance Specialist position. **_Only qualified permanent and/or probationary CDC employees on the eligible list may be eligible for referral to the department for the advertised position._** The Sonoma County CDC is a separate entity from the County of Sonoma and not within the Sonoma County Civil Service System. This employment list may also be used to fill future full-time, part-time, or extra-help (temporary) positions as they occur during the active status of the list.

The Affordable Housing and Finance Specialist coordinates Notice of Funding Availability (NOFA) processes; prepares staff reports; works with title companies, lenders, and state regulatory agencies to ensure that the CDC's position is clear; and assists in the management of the CDC's property affordability agreements. Some of the funding programs include the County Fund for Housing (CFH), Low
- and Moderate-Income Housing Asset Fund (LMIHAF), Home Investment Partnerships Program (HOME), Community Development Block Grant (CDBG), Homeownership Funds, and Housing Assistance Committee (HAC,) contract.
Typical duties include:

- Performing loan servicing tasks including defaults, resales, and assisting with loan inquiries
- Managing the agency’s loan portfolio
- Preparing and recording new agreements and liens for all single family and multifamily properties
- Preparing and issuing loan payoffs and processing lien releases
- Loan filing, administration, and origination
- Reviewing and analyzing development pro-forma and financial projections
- At least five years of recent work experience in development finance, affordable housing, mortgage lending, project management, government grants such as CDBG and HOME programs
- Knowledge of the County’s housing element and environmental laws
- Knowledge and education in the fields of affordable housing/ conventional financing, administration, compliance, government
- An understanding of federal, state, and grant funding sources including NOFA review and award process
- Knowledge of California Environmental Quality Act (CEQA)/ National Environmental Policy Act (NEPA) requirements
- The ability to interpret federal regulations, local policies, and laws
- A comfort with public speaking and presentations
- The ability to communicate effectively with individuals from diverse, underserved populations
- Advanced Microsoft Office skills
- Training courses or certifications in affordable housing finance, low-income tax credits, real estate, compliance, Fair Credit Reporting Act, Environmental laws, and compliance with the Brown Act are highly desirable

The formal title of this position is Community Development Program Specialist.

**APPLICATION SUBMISSIONS REQUIRE THE SUPPLEMENTAL QUESTIONNAIRE BE COMPLETED.**

**Minimum Qualifications**:
**Education and Experience**: Any combination of education and work experience which would provide the opportunity to acquire the knowledge and abilities listed herein. Normally, this would include academic coursework in public administration, business, accounting, real estate, finance, or related fields, and three years of work experience equivalent to performing duties as a Community Development Specialist II.

**License**: Possession of a valid driver's license at the appropriate level including special endorsements, as required by the State of California, may be required depending upon assignment to perform the essential job functions of the position.

**Bilingual Designation**: Designated positions may require the ability to speak, read, and write a language in addition to English.

**Knowledge, Skills, and Abilities**:
**Ability to**:work independently in performing most assignments and in resolving problems; provide training and support to lower level staff; establish and maintain effective working relationships with clients, other employees, supervisors, community organizations, representatives, the general public, and state and federal agencies; analyze and evaluate program effectiveness and make recommendations; analyze situations accurately and adopt an effective course of action; assist in management of multi-faceted programs; independently manage multiple projects of a multi-faceted program; organize, coordinate, analyze, and synthesize the work of varied and changing work groups including staff of municipalities, County departments, local and state agencies, community organizations, lenders, title companies, real estate agents, developers, and others; communicate effectively verbally and in writing with individuals from diverse socio-economic and cultural backgrou

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