Community Development Funding Specialist

3 days ago


Portland, Maine, United States Evernorth Full time
Community Development Funding Specialist Job Description

Annual Salary: $70,000 - $90,000

Job Summary:

This is an exciting opportunity to join our team at Evernorth as a Community Development Funding Specialist. The successful candidate will support our Community Investments department in making affordable housing, economic, and community development investments.

Key Responsibilities:
  1. Review and analyze prospective Low-Income Housing Tax Credit (LIHTC) opportunities, including preliminary project intake, review of project proforma and tax credit application, information transfer into our proprietary syndication financial model, preliminary letter of interest generation, and responses to requests for equity investment proposals.
  2. Collaborate with department staff on pre-closing due diligence, financial modeling, and underwriting of LIHTC and New Markets Tax Credit (NMTC) investments by preparing initial due diligence checklists, collecting, tracking, filing, and/or storing information and data from partners, performing initial reviews of received due diligence, uploading information for file/information sharing with investors, project partners, and/or legal counsel, preparing NMTC project summaries, and drafting legal intake forms and other duties as assigned.
  3. Oversee various department reports, including working with directors and staff to confirm updates and data field population.
What We Offer:
  • A dynamic work environment with a talented team of professionals.
  • A competitive salary range of $70,000 - $90,000 per year.
  • An excellent benefits package, including medical, dental, and vision coverage.

We are an equal opportunity employer and welcome applications from diverse candidates.



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