Program Officer, Lending

5 days ago


Duluth, Minnesota, United States Local Initiative Support Corporation Full time
Job Title: Program Officer, Lending

We are seeking a highly skilled and experienced Program Officer, Lending to join our team at Local Initiative Support Corporation (LISC). This is an exciting opportunity to work with a dynamic organization that is dedicated to strengthening communities and promoting economic development.

About the Role

The Program Officer, Lending will be responsible for managing LISC Duluth's lending pipeline and Emerging Developers Capacity Building Initiative. This includes developing a strategic approach to support and manage the growth of lending and real estate-based transactions in Duluth, Duluth MSA, and Northeast region of MN. The successful candidate will have a strong background in community development, lending, and project management, with a proven track record of success in managing multiple projects and working with diverse stakeholders.

Key Responsibilities
  • Develop and manage a pipeline of projects in affordable housing, commercial developments, and community facilities.
  • Identify and develop new financing partnerships to sustain and/or increase access to capital.
  • Work with community development partners to assess feasibility, develop realistic financing strategies, access public subsidies, and conventional financing to assure successful project execution.
  • Source, originate, and underwrite loans, including working with borrowers to assess feasibility, structure the transaction, conduct due diligence, and financial analyses.
  • Coordinate with LISC Duluth and national staff to present loan recommendations to LISC's national Credit Committee and assist with closing.
Requirements
  • Bachelor's degree in finance, business administration, public policy, community development, planning, or related field.
  • Minimum five (5) years of demonstrated and increasingly progressive experience in the field of community development, including lending.
  • Familiarity with the real estate markets in the Duluth and Northeastern MN.
  • Experience working with city, county, state, and federal financing programs available to support projects.
What We Offer

LISC offers a competitive salary of $70,000 - $85,000 commensurate with experience and excellent benefits, including medical, dental, vision coverage, disability insurance, retirement savings, generous holidays, vacation, PTO, and sick days, tuition assistance, referral program, and professional development opportunities.

LISC is an equal opportunity employer committed to diversity, equity, inclusion, and justice. We welcome applications from diverse candidates and are committed to creating an inclusive work environment.



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