Multifamily Housing Operations Specialist

2 weeks ago

Rocky Hill, Connecticut, United States Connecticut Housing Finance Authority Full time
Job Overview

Position Title: Multifamily Operations Officer 1

About the Connecticut Housing Finance Authority:

The Connecticut Housing Finance Authority (CHFA) is a self-sustaining, quasi-public entity dedicated to addressing the housing needs of low- and moderate-income families and individuals throughout Connecticut. Our mission extends to fostering economic development within the state through initiatives such as employer-assisted housing.

As a leader in promoting affordable housing solutions, CHFA is committed to serving diverse and inclusive communities. We provide a dynamic, supportive work environment that prioritizes employee growth and development.

Compensation and Benefits:

We offer competitive salaries, tuition reimbursement, a 457 deferred compensation plan, a state-sponsored pension plan, and a comprehensive health, dental, life, and disability insurance package. Employees enjoy paid vacation, sick leave, holidays, a hybrid work schedule, ongoing training, and career advancement opportunities. Eligible employees may also benefit from federal student loan forgiveness programs.

Position Purpose:

This role is pivotal in supporting the expansion of the Authority's multifamily housing initiatives through high-level assistance, research, compliance monitoring, and evaluation.

Supervision:

The position reports to the Senior Program Officer or a higher-level position.

Key Responsibilities:

  • Monthly Advances/Construction Draws: Manage and process monthly advances for various multifamily projects.
  • Reporting: Execute queries on MFaSys, CHFA's proprietary database. Generate reports and conduct surveys for the Multifamily Housing department, providing necessary data for research initiatives.
  • Insurance Review: Assess and approve insurance documentation for multifamily transactions to ensure adherence to CHFA's insurance requirements.
  • MFaSys Management: Update and track information within the database, initiating data integrity review projects.
  • Compliance Monitoring: Evaluate and approve compliance with Affirmative Action and Very Low-Income Construction Employment standards.
  • Documentation Review: Analyze guidelines and other materials for updates, preparing drafts for new processes.
  • Research Projects: Conduct research to gather information on various topics using diverse resources.
  • Training Support: Assist in the preparation and delivery of training sessions for both internal and external participants.
  • Cross-Departmental Support: Provide assistance to Multifamily Asset Management, Underwriting, and Program Administration teams for program implementation or development.

Minimum Qualifications:

An Associate's Degree in business or a related field with two years of relevant experience, or a Bachelor's Degree with one year of experience is preferred. Equivalent combinations of education and experience will be considered.

Knowledge and Skills:

Proficiency in Microsoft Word, Excel, and PowerPoint is required. Strong analytical abilities and knowledge of accounting, financial analysis, and real estate principles are essential. Candidates should possess excellent problem-solving, communication, time management, and organizational skills, along with a willingness to learn and adapt.

This description is not exhaustive, and employees may be required to perform additional duties as assigned. Responsibilities may be modified at management's discretion. This job description does not constitute an employment contract.

CHFA is an equal opportunity/affirmative action employer and encourages applications from women, minorities, veterans, and individuals with disabilities.

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