Director, Affordable Multi Housing
1 week ago
Exciting opportunity to work with a non-profit lender whose mission is to increase access to capital for businesses unable to access traditional financing and is specifically focused on small, minority-owned, women-owned, veteran-owned businesses.
Primary Responsibilities:
- Works in conjunction with the President and CEO and the SVP Lending, and other representatives of the nonprofit to develop and implement a strong affordable multi-family housing lending program that meets identified affordable housing financing needs throughout the target market.
- Directs and oversees the overall operations of the Affordable Multi-Family Housing lending program including prospecting, underwriting, funding, and identifying potential development opportunities and prioritizing them with the goals of the financing program.
- Gather the necessary documentation required to comply with local, state, and federal affordable housing lending programs.
- Manage developer, financial institution, government, community, and foundation partner relationships and expectations by participating in the coordination of the financing process, including but not limited to, marketing, community outreach, partner development, attending closings, providing customer service, and open communication for the duration of the loan.
- Establish and maintain relationships with various lenders, developers, affordable housing associations, and government offices/agencies to promote the Affordable Multi-Family Housing lending program.
- Collaborate with other programs and services, including the Memphis Medical District Investment Fund, Small Business Lending program, and Energy Efficiency Financing Program, and educational services.
- Responsible for the procedures that cover the administrative process required for reporting to funders to ensure compliance with terms and conditions set forth in grants, borrowing agreements, and other partnership agreements. This includes routine reporting requirements, funder updates, and individual project impact data reporting.
- Represents the organization at community and business functions/groups to provide a positive image for the organization and its affordable multi-family housing lending program.
- At least 6 years of job-related activities associated with multi-family housing deal sourcing, deal analysis, deal underwriting, and other job-related activities with proven results is required .
- Bachelor's degree required.
- Must have experience in affordable housing programs and be able to resolve and work through complex customer issues and have the ability to perform in a fast-paced, high-demand environment while balancing multiple priorities.
Compensation: Negotiable, Depends on Experience
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