The mission of the Chicago Community Loan Fund (CCLF) is to provide flexible, affordable and responsible financing and technical assistance for community stabilization and development efforts and initiatives that benefit low- to moderate-income neighborhoods, families and individuals throughout metropolitan Chicago.
CCLF was founded in 1991 by a group of visionary social-investment advocates. Their aim was to create a nimble, flexible nonprofit lender who would fill the community development credit gaps as they emerged across the city and region. In particular, CCLF was created to ensure that Chicago community development organizations (including small and emerging groups) would have a lender to turn to for harder-to-underwrite projects and enterprises.
Individual and institutional investors concerned about the social dividend of their investments place funds in CCLF at or below market-rate, creating a pool of loan capital dedicated to improving the lives of people in disinvested communities. CCLF, in turn, re-lends this capital at affordable rates to finance community organizations’ development projects.
The Senior Program Officer - Economic Development position requires maintaining working relationships with fellow team members; borrowers; customers; consultants; vendors; financial institutions; partners; other public and private sector institutions; peers in the field of community development; and CCLF Board of Directors and committee volunteers. This position will report to the Vice President of Economic Development.
CCLF’s Senior Program Officer - Economic Development assists in the functions of the Economic Development Department including program management; new business development (including special initiatives and partnership development); commercial real estate (CRE) deal identification, originating, packaging, closings; and representing CCLF at public events as determined. The Senior Program Officer - Economic Development will network with community groups as well as community leaders, including meetings hosted by other agencies as they relate to the CCLF objectives or when a valuable relationship can be established.
- Assist in implementing departmental strategy
- Assist in managing existing and new economic development programs and initiatives
- Market department services including business development for the department
- Assist in identifying, originating, and packaging economic development loans, including presenting transactions to the Loan Committee and/or Board of Directors for approval
- Assist in providing deal structuring and project planning technical assistance to customers
- Assist customers in recruiting funding and tenants
- Assist in recruiting efforts for funding of CCLF’s economic development activities (e.g. Activate Retail, NMTC, HFFI, Federal loan/guarantee programs, etc.)
- Assist with the development of workshops and technical assistance to promote loan production for the department
- Follow –up with residents, community groups, CDC’s, nonprofit organizations, community leaders and other service providers on activities related to CCLF events
- Coordinate and carry out all logistics for meetings, events and relevant activities for CCLF projects
- Attend and participate in policy forums, committees, community meetings and public events as required
- Track departmental social impact, manage community benefits agreements
- Complete other assignments as required
Economic Development will have economic development experience to manage and implement strategic plans for the continued growth of CCLF. They will possess the skills and ability required to be a part of an economic development team (once CCLF is in a position to hire additional staff for the department) while maintaining the flexibility, decisiveness, creative problem resolution and relationship-building skills required of a team member of economic development activities for CCLF. The ideal candidate will also possess the following:
- At least 5 years’ experience in commercial real estate (CRE) deal identification, originating, packaging and closings to nonprofits, small businesses, and developers in a financial institution or CDFI in the community economic development arena
- A working knowledge of loan underwriting will be useful
- Presentation and public speaking experience
- Working knowledge of affordable housing, commercial retail, commercial real estate, economic development, other community financing and deal structuring
- Excellent project and process management skills
- Excellent oral and written communications skills
- Strong marketing skills
- Strong quantitative analysis skills
- Ability to organize and handle multiple priorities simultaneously
- Ability to work with a diverse range of community-based groups
- A keen attention to detail
- Ability to work effectively in a team environment
- Working knowledge of Microsoft Office Suite, Microsoft Access, Microsoft Project or other database programs required
Minimum educational requirement: Bachelor’s degree in business, economics or related field. Master’s degree in Real Estate Finance or Development, Business Administration, Public Policy, Public Administration or Urban Planning is preferred. Bilingual skills (English/Spanish) are preferred, but not required.
Salary will be commensurate with experience.
How to Apply:
Please send your resume and salary history to firstname.lastname@example.org
No phone calls please.
Reinvestment Fund is a national leader in rebuilding America’s distressed towns and cities through the innovative use of capital and information. Our mission is to build wealth and opportunity for low-wealth people and places through the promotion of socially and environmentally responsible development.
Reinvestment Fund is a catalyst for change in low-income communities. We integrate data, policy and strategic investments to improve the quality of life in low-income neighborhoods. Using analytical and financial tools, we bring high-quality grocery stores, affordable housing, schools and health centers to the communities that need better access—creating anchors that attract investment over the long term and help families lead healthier, more productive lives.
Reinvestment Fund total revenues are in excess of $48 million. We manage $964 million in capital, sourced from 850 investors, which range from individuals to civic organizations to financial institutions. Our total assets are $457 million and total net assets
Reinvestment Fund is currently seeking a Senior Loan Officer within the Lending Department in its MD, DC, VA regional office based in Baltimore. Our Lending Department is unique in its range of expertise and disciplined approach to financing. As a nationally recognized innovator in the financing of economic and neighborhood revitalization, RF attracts enormous talent and offers its lending staff an unrivaled platform to combine business acumen and financial skills with social mission. A career at Reinvestment Fund is a chance to learn, train and contribute to this work with some of the best in the community development field. It offers opportunities for knowledge and skill enhancement that are uncommon for a company of its size.
The Senior Loan Officer is responsible for developing and maintaining strong relationships with borrowers and providing quality customer service, acting as the principal account manager for new and existing customers. The Loan Officer develops, generates, and follows-up on new client leads through referrals, and calls on existing borrowers to review lending activities and makes recommendations as needed. The Loan Officer is responsible for business development, credit analysis, underwriting, and proper loan structuring within the parameters of existing lending programs.
- Identify opportunities for new business in existing portfolio, from referrals, and through proactive marketing efforts
- Assist in development of marketing tools, loan products, process reviews, etc. as required
- Represent RF in various public settings
- Assist borrowers with loan applications; assess adequacy of information provided; provide feedback to borrower and Manager
- Structure Loan Transactions - fit borrower needs in tandem with RF program guidelines; make pricing and loan structuring recommendations
- Financial Analysis - spread financial statements; author concise summaries of borrower’s financial condition including trend analysis; comparison to peers/industry; analyze composition and percentages, and quality of financial documents’ preparation; review budgets, operating statements, and cash flows
- Credit Analysis – author credit memos including both analytical and descriptive writing; assess risks of transactions’ strengths and weaknesses, make recommendations and present to loan committee for approval
- Attendance and participation at loan committee required
Loan Closing & Monitoring
- Negotiate loan’s financial, business and legal terms
- Prepare loan commitments and loan documents with assistance from legal counsel
- Coordinate loan set up and loan servicing needs of borrower with Credit Administration Department
- Monitor assigned loan portfolio and maintain relationships with current borrowers, underwriting and closing additional loans as requested by borrowers and soliciting repeat business
- Assure timely loan closing and funding activities
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education, Experience, Certifications:
Bachelor’s degree required from 4-year College or university in business field including specific courses in accounting, finance, and economics. Additional bank related training a plus. Minimum 5 years’ experience in community development real estate.
- Well developed organizational and decision making skills
- Ability to meet deadlines and handle multiple responsibilities simultaneously
- Ability to create and manage external client relationships
- Verbal: Ability to communicate in a clear, comfortable and confident manner. Communicates effectively and in a way that supports teamwork – conveys insights to peers and managers quickly and concisely. Ability to present credit recommendations to Loan Committee and answer questions with confidence
- Written: Demonstrated ability to write clear, organized and accurate memos, incorporating a range of information and analysis. Ability to translate financial and numerical data into written form
- In-depth knowledge of development proformas, operating projections, and financial statements. Ability to both prepare proformas and projections and analyze/manipulate those prepared by borrowers to conform to RF’s underwriting criteria
- Ability to spread and analyze audits, tax returns and other financial statements; comfortable discussing questions and concerns with borrowers and preparers
- Ability to draw conclusions from financial and market data to make sound recommendations regarding loan conditions and requirements
- Excellent Word, Excel and Windows file management skills mandatory
- Demonstrated web research skills
- Familiarity with Outlook or similar network-based email and calendar software
Reinvestment Fund offers a competitive salary based on experience and skills, as well as an excellent benefits package including employer-paid health, disability and life insurance, 401(k) savings plan with employer match, flexible spending accounts (medical, dependent care and transportation), tuition reimbursement, paid time off, and EAP program. A partial telecommuting schedule is available.
How to Apply:
Please complete the online employment application and attach your resume and a cover letter with your salary requirement. https://www.reinvestment.com/career/loan-officer-baltimore/
Reinvestment Fund uses E-Verify to validate all new hires’ ability to legally work in the United States. Reinvestment Fund is an Equal Opportunity Employer. Reinvestment Fund does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job related disabilities, or status as a veteran
PolicyMap is a national online mapping tool and platform that enables government, commercial, non- profit and academic institutions to access data about communities and markets across the US. It is used for research, market studies, business planning, site selection, grant applications and impact analysis.
What began as solely a mapping tool has grown into a platform from which our clients leverage data and access their own instances of the mapping interface—either through maps on their websites or through proprietary site licenses. Launched in 2008, we now have over 300 clients, including agencies of the Federal Government, Fortune 500 companies, major universities, non-profits, real estate firms, and the media.
PolicyMap is a wholly owned LLC of Reinvestment Fund, a national leader in rebuilding America's distressed towns and cities, through the innovative use of capital and information. A Community Development Financial Institution (CDFI), Reinvestment Fund finances a variety of projects and activities including food access, health care, education and housing, to build healthy communities in under- invested places. Reinvestment Fund has long recognized that information drives change in all sectors: public, private, and civic — and that getting that information has not always been simple or efficient.
Data and analytics need to be reliable, consistent, and relevant. They need to be readily accessible. And they need to be responsive to the issues public and civic organizations are trying to understand. Changes in technology and the advent of online mapping applications are creating new opportunities for the public and civic sectors to increase their ability to use and share good data and analytics to inform decisions.
PolicyMap seeks a Data Analyst to contribute to the Data and Product Development Team by sourcing, acquiring, maintaining and curating data for our online data and mapping services, including data concerning housing, poverty, and health, to name a few. The Data Analyst has direct contact with existing PolicyMap clients and potential clients and is responsible for interpreting their needs and providing a work product consistent with the expectations of the client and of the Team. This role also requires candidates who are invested in and enthusiastic about providing attention to detail to the
PolicyMap platform by testing beta products and QA of the various PolicyMap products, which include our main site, our major client projects, and our API offering.
Reporting to the Vice President of Data and Product Development, the Data Analyst will research and procure datasets, analyze, and process them using MS SQL Server Management Studio, MS Access and ArcGIS. He/she needs to have strong writing skills and the ability to translate technical data descriptions into user friendly text accessible to our spectrum of users.
The Data and Product Development Team is a collective work effort in which attention to detail and enthusiasm for our products and for our clients are core values. We work well independently, and we take ownership of our individual workloads, while leveraging the strengths of all our team members through collaboration. The 5-person data team is agile, creative, and uses the best tools and approaches at hand for each task.
Data Set Processing
- Research and procure large and small public, proprietary, and subscriber datasets
- Collect, process and document our datasets using SQL, MS Access and ArcGIS
- Communicate with tech team to ensure data appears properly in PolicyMap
- Author documentation of process and dataset indicators
- Provide validation and quality assurance of datasets
- Validate other team members’ datasets
- Manage custom project work, working iteratively with larger clients, from initial scope development to final deliverable
- Serve as primary client contact for many of PolicyMap’s subscribers and larger clients
- Advise clients with preparation of their subscriber dataset, separate mapping interface and/or enterprise license
- Participate in testing beta versions of new features
- Brainstorm with team about new functionality and site improvements
- Write weekly articles for the PolicyMap blog
- Provide occasional online trainings to prospective PolicyMap users
- Contribute to Mapchats webinar series effort
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Bachelor’s degree required with preference for Master’s Degree in urban planning, public policy, health services research, economics, public health, anthropology, sociology, demography or other related field
- Two years’ commensurate work experience required (can include internships)
- Demonstrated proficiency and experience required with GIS (ArcGIS), SQL and/or MS Access, or other relational databases; one or more statistical software programs (SPSS, SAS, R) a plus
- Experience using federal data, such as U.S. Census and Bureau of Labor Statistics (BLS)
- Familiarity with current public policy issues and community development concerns
- Proven organizational skills and attention to detail
- Excellent technical and compositional writing skills
- Strong project management skills
- Excellent interpersonal and customer service skills
To perform the job successfully, an individual should demonstrate the following competencies:
- Ownership/Accountability – Actively manages work and issues through to completion.
- Customer Service – Understands and manages customer expectations.
- Initiative – Anticipates and communicates challenges and opportunities.
- Commitment – Demonstrates sense of passion and urgency for work, mission and organization.
- Adaptability – Sees opportunity and risk for continuous improvement.
- Efficiency and Productivity – Determines priorities and allocates time and focus accordingly.
- Professional/Technical Expertise – Understands and applies technical/procedural knowledge of job
PolicyMap offers a competitive salary based on experience and skills, as well as an excellent benefits package including employer-paid health, disability and life insurance, 401(k) savings plan with employer match, flexible spending accounts (medical, dependent care, and transportation), tuition reimbursement, generous paid time off, and EAP program.
How to Apply:
Please mail or email resume with cover letter, salary requirement and research and/or writing sample to:
Vice President, Data and Product Development PolicyMap
1315 Walnut Street, Suite 1500
Philadelphia, PA 19107
PolicyMap uses E-Verify to validate all new hires’ ability to legally work in the United States. PolicyMap is an Equal Opportunity Employer. PolicyMap does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job related disability, or status as a veteran. Minority candidates are encouraged to apply.
The National Development Council (NDC) is one of the oldest national economic development non-profits in the country whose mission is to increase the availability of affordable housing and quality jobs through developing and implementing economic and community development strategies that increase the flow of capital to urban and rural communities.
NDC undertakes our work through providing Technical Assistance, training and capacity building, and financing and development. In all areas, we bring resources to the implementation side of development projects through either technical advice or direct capital in the form of SBA loans, low income housing tax-credits (LIHTC), and new markets tax credits (NMTC).
In 1988, NDC expanded its mission through the creation of NDC Housing & Economic Development Corporation (HEDC). This model has allowed NDC, through HEDC, to lessening the burdens of government and promote economic development by designing, building, financing, operating, and maintaining buildings for government and not for profit Sponsors.
Since its inception HEDC has developed 43 projects with total project costs exceeding $2.5 billion. Project types range from University Laboratories, Student Housing, Government use office buildings, Parking facilities, and a Community Theater. The HEDC active portfolio consists of 20 projects. The majority of the projects are located in the Pacific Northwest and Northeast. The candidate will initially have primary asset management responsibilities for 6 projects to be expanded as new projects come on line. Four of the projects are stand alone garages containing in excess of 2,000 parking spaces located in Ithaca, Newburgh, Syracuse, and Yonkers, New York. Included in the Portfolio is one lease concession project located in Scranton, Pennsylvania with an additional 3,200 spaces in 6 separate garages and 1,500 on street spaces. The Community Theater is located in Brooklyn, NY.
This newly created position will be responsible for the day-to-day oversight of a P3 portfolio including nearly 4,800 parking spaces and a Community Theater. Each project is operated by a third party and the responsibilities of the P3 Asset Manager will include maintaining Sponsor relations, managing the third party operators, coordinating organizational approvals, maintaining compliance activities, negotiating contracts and monitoring financial performance related to the portfolio.
Primary Duties: community relations; manage parking operators; budgeting; capital planning; construction monitoring; manage Board and organizational responsibilities; manage bank and third party relationships.
The position will require frequent visits to the communities in which the projects are located. NDC’s expectation is that the candidate will work from NDC’s NYC office located at 24 Whitehall Street.
Ideal candidates will have both a commitment to NDC’s mission, and an understanding of general Real Estate principals and Community and Economic Development Financing Programs. A bachelor’s degree in business administration, public administration, or related field, and a minimum of five years of experience in a similar position is required, or any combination of experience and education that results in the required knowledge, skills and abilities to perform the work. Preference will be given to individuals with experience in parking management and compliance and reporting requirements associated with tax-exempt bonds. Each project was developed using various federal, state and local financing programs including New Markets Tax Credits, and various State and local grants in addition to tax-exempt bonds and knowledge of these and other community development financing programs a plus.
Excellent compensation package. EOE
How to Apply:
PLEASE SUBMIT RESUME AND COVER LETTER TO:
Manager, NDC HEDC Economic Development
Who we are
Ecotrust is powered by the vision of a world where people and nature thrive together. Since 1991, we have partnered with local communities from California to Alaska to build new ways of living and doing business. From forestry to finance, food access to green building, we work to advance social equity, economic opportunity, and environmental well-being. Together, we are making this place we live a home that we love. Learn more at ecotrust.org.
The mission of Affiliated Tribes of Northwest Indians Economic Development Corporation (ATNI-EDC) is to provide financial and technical assistance to ATNI Member Tribes in the priority areas of community and economic development. It currently operates a Revolving Loan Fund that aims to increase access to capital for Native American entrepreneurs.
Ecotrust holds a deep commitment to equity and diversity as core principles integral to the work we do. As we add new members across all levels of the organization, we seek diverse perspectives that will add richness to our evolving organization and networks.
In partnership with the Affiliated Tribes of Northwest Indians Economic Development Corporation (ATNI-EDC), Ecotrust is hiring a joint Loan Servicing and Compliance Associate who will assist both organizations with the day to day operations with loan administration and New Markets Tax Credit (NMTC) compliance. The Loan and Compliance Associate will work closely with the Ecotrust’s NMTC Compliance Manager, and ATNI-EDC’s Executive Director.
The position offers an excellent opportunity to work on both the origination and asset management sides of community investments. The position also offers exposure to alternative lending, and the opportunity to advance economic development in a historically marginalized population.
Successful candidate must be a self-starter that diligently monitors and follows up on loan payments and reporting as well as NMTC (and other) program requirements. Creation and maintenance of relationships with loan customers and ability to effectively work as part of a team that includes accountants, attorneys, program and compliance consultants, program staff, co-lenders, financial institutions, Tribes, and government agencies are key elements of the job.
- Screen inquiries and manage the pipeline of potential investments
- Prepare and maintain loan portfolio summary reports
- Monitor and review borrowers’ ongoing NMTC program and loan covenant compliance reporting
- Collect and manage community impact reporting and prepare the annual Community Investment Impact System (CIIS) report
- Review and analyze borrowers’ quarterly and annual financial statements, track performance against projections, and make recommendations for appropriate risk ratings
- Identify and address compliance issues, report findings to investors and lenders, identify strategies and implement procedures to improve project performance
- Work with the investors, co-lenders, accountants, legal counsel, and project sponsors to prepare for and carryout the successful unwind of NMTC structure at the end of the NMTC compliance term
- Prepare presentations for NMTC Advisory Board, Ecotrust CDE management/Board of Directors, ATNI-EDC Board and Finance Committee, investors, and/or the CDFI Fund, as needed
- Prepare wire transfer packets for monthly and quarterly distributions to investors and lenders
- Review construction draw requests, track progress, and work with accounting department to disburse and transfer funds
- Perform general program compliance and marketing activities, as assigned
- Review and understand specific requirements and stipulations for various loan fund sources
- General loan management, including sending bills, processing payments, and collections
- Timely and accurate periodic reporting as required by loan funding sources
- Assist with accounting duties such as audits and producing annual interest statements
- Exceptional attention to detail
- Excellent analytical, verbal, and written communication skills
- Ability to prioritize work assignments
- Proficiency with Salesforce
- Previous work experience with a Nonprofit or Socially Driven Enterprise
- Previous experience in lending, especially to businesses and working capital loans
- General understanding of compliance laws and regulations related to lending
- Bookkeeping or accounting
- Data entry
- Flexible, and able to thrive in diverse working environments
- Nimble, and able to handle a high degree of ambiguity
- Experience working for or with a Tribal government, Tribal non-profit, or Native led organization
- Knowledge of Pacific Northwest based Tribes — working understanding of governments, cultures, customs, and histories
- Knowledge of economic development organizations and relevant non-profits in the Pacific Northwest
- Demonstrated ability to work with communities of diverse cultures and backgrounds
Salary Range: $45,000 to $55,000 annually depending on experience.
This is a full-time position. Ecotrust offers a full benefits package including medical and dental insurance, retirement plan, life insurance, and disability coverage.
How to Apply:
Please follow these directions closely. Complete an Ecotrust Employment Application form (available on the Ecotrust website as a PDF or Word DOC) and forward with a cover letter (1 page maximum) and resume to email@example.com with this position’s title in the subject line by close of business on the day of the application deadline listed above. It is preferable if you send your documents as one pdf. Your cover letter should clearly explain how your skills, experience, and interests fit this position.
SEIU United Healthcare Workers-West (UHW), with more than 90,000 members, is the largest healthcare union in California. We are caregivers from every sector of the industry, united to win better care for our patients and better lives for our families and ourselves. For further information about UHW, please visit our website: www.seiu-uhw.org.
Advocates with members of the California Legislature, members of Congress and other elected officials to persuade them to support or oppose legislation or regulation on behalf of SEIU-UHW. GR Coordinators are responsible for overseeing all aspects of major projects or programs within the department. Coordinators are responsible for directing the work of multiple staff, contractors and member leaders in support of objectives. Under the supervision of the Director, the coordinator collaborates in the overall development and implementation of the department's strategic organizational plan. Directly supervises the work of legislative advocate(s).
Essential Job Functions:
- Writing legislative language, support/oppose letters, comments on proposed regulations press releases, and reports.
- Testifies as expert witness before various agencies.
- Organizing meetings of stakeholders, allies and elected officials.
- Attending events such as political fundraisers, briefings, stakeholder meetings and committee hearings.
- Analyzing information sources produced by the Legislative Analyst Office, State Auditor, the Executive Branch, public policy foundations, government departments, non-government organizations (NGOs) and think tanks.
- Providing SEIU-UHW with information about policy and political developments in the fields of healthcare, labor and public finance.
- Responding to information requests.
- Offering strategic advice to SEIU-UHW on legislative and regulatory issues. Communicating with relevant official bodies
- Liaising with civil servants, elected officials, regulatory bodies and local government staff.
- The GR Coordinator is responsible for working with staff from other divisions to integrate various elements of the program or campaign.
- The GR Coordinator is responsible for the overseeing programs in support of the goals and strategic organizational plan for the department.
- Responsible for the review and evaluation of campaigns or program work.
- Develops recommended budgets, allocates resources effectively and plans and implements program activities as appropriate.
- Three years of experience in the field of governmental relations or working in the Legislature or equivalent body.
- In depth knowledge of relevant subjects including health policy, the California State Budget, legislative processes and procedures, California regulatory processes and California politics.
- Knowledge of union, health care workers and health care workplaces
- Good research and analytical skills.
- Interpersonal skills, including an ability to be effective in a multi-cultural and diverse organization like SEIU-UHW and also in the complex environment of California government.
- Communication skills both writing and speaking.
- IT skills include working knowledge of computer programs including Word, Excel,e-mail, accessing the Internet, and databases.
- Work long and varying hours including weekends, nights and holidays; Driving long distances for extended periods of time; Traveling statewide and out of state with overnights and periods away from home may be required.
- Other duties as assigned.
- The Coordinator is required to have a valid driver's license, automobile insurance and a working automobile.
- Able to drive, sit, stand, and walk for long periods of time. Ability to work long and irregular hours including nights and weekends.
- The GR Coordinator works closely with and interacts with government officials, officers, other staff, staff from other labor organizations, grassroots organizations, trade associations, union members, workers and employers.
How to Apply:
LISC is a national nonprofit intermediary that provides financial and technical assistance to community-based organizations, public agencies and private nonprofit and for-profit entities focused on the redevelopment of urban neighborhoods and rural communities. LISC works through 31 local offices in urban sites and a national rural program which operates in 43 states. LISC assists its local partners with the development of affordable multi-family and senior and other supportive rental housing, for-sale housing and homeownership initiatives, commercial and retail developments, community facilities and various community-building programs such as employment, child care, health care and open space. Please see www.lisc.org for additional information about LISC and its national and local programs.
LISC was awarded a $1.33 million federal grant from the Corporation for National Community Service (CNCS) to administer the Social Innovation Fund (SIF) Pay for Success program (PFS). Through an open competition, LISC has selected three projects for transaction structuring services, helping bring the projects from development/feasibility to PFS contract execution and program launch. The Program Director will be a grant-funded position that is anticipated to last between eighteen months and twenty-four months.
The Program Director will report to the Director of Business Development, National Lending (DBD). S/he will provide overall direction, under the DBD’s guidance, to the LISC PFS Project team, including a PFS Program Manager and PFS Program Associate, to ensure that selected projects receive appropriate transaction structuring assistance to move them towards contract execution and project launch in a timely manner and within budget. The Program Director will also support the DBD in building relationships with stakeholders in the PFS field including investors, funders and Technical Assistance providers and represent the SIF PFS program externally, as appropriate. S/he will also work with the DBD to oversee compliance, reporting and knowledge sharing deliverables required under the program.
The position will require travel for a select number of compliance site visits to selected projects across the country, trainings and conferences
- Oversee and work collaboratively with the PFS Project team to deliver transaction structuring services to selected projects;
- Work with the DBD to guide the PFS Project team on individual projects by providing strategic direction and guidance and facilitating negotiation and decision making on key terms related to the projects;
- Lead investor development efforts, including pitching projects to new investors and soliciting and closing on capital for PFS projects structured by LISC;
- Work with the PFS Project team on knowledge sharing efforts, including leading webinars on PFS topics and contributing to content for white papers and blog posts that share lessons learned and observations from LISC’s work in PFS;
- Coordinate with the PFS Project team to support SIF’s evaluation efforts, data capture and grant reporting;
- Work closely with LISC’s finance, program, development and communications staff to deliver on all aspects of the program;=
- If applicable, lead the selection process of a second cohort of PFS projects that will receive transaction structuring assistance from LISC supported with SIF grant dollars;
- Stay informed of new developments in the PFS field, build relationships with key players and represent LISC and the SIF PFS program externally;
- As applicable, lead LISC efforts to respond to RFPs or RFIs that align with LISC’s strategy; and
- Perform other duties as required.
The successful candidate will possess the following:
- A Master's degree with a focus in Business/Public Administration or in a related field.
- Minimum of 7 years of relevant experience.
- Transaction structuring experience working with multiple stakeholders and funders.
- Program and project management experience.
- Strong interpersonal skills and with an ability to be flexible, patient and poised in dealing with a diverse range of individuals and organizations.
- Exceptional written and verbal communication skills.
- Self-directed with the ability to work independently as well as collaborate within a close-knit group.
- Entrepreneurial spirit necessary to oversee a complex and innovative program.
- Strong organizational skills with keen attention to detail.
- Self-motivated and results-oriented with drive and initiative.
- Ability to handle confidential information and/or issues where using discretion and judgment will be crucial.
- Strong computer skills, including demonstrated competency in Microsoft Word, Excel, PowerPoint and other customized systems.
- Ability to travel.
- Demonstrated interest in social impact investing and community development.
- Have a working knowledge of the executed government and any match-funding grants/capital as well as specific compliance requirements for the grant and compliance procedures at LISC Strong knowledge or experience with the PFS, impact investing or social finance arena in the United States.
Salary and benefits are competitive and commensurate with experience
How to Apply:
LISC offers a competitive salary and excellent benefits. For consideration, please forward a resumé and a cover letter addressing how you meet the minimum qualifications to:
501 Seventh Avenue, 7th Floor
New York, NY 10018
THF has a 20-year track record of financing affordable housing and neighborhood revitalization projects throughout Tennessee. THF fulfills its mission by providing lending to low and moderate income individuals for home ownership, and to for-profit and not-for-profit developers working to meet the housing and community development needs of low and moderate income individuals and their communities. THF is a not-for-profit Community Development Financial Institution (CDFI) located in Nashville. More information on THF may be found at www.thehousingfund.org.
THF is a not-for-profit Community Development Financial Institution (CDFI) located in Nashville, TN that was created in 1996 as a part of a community wide visioning effort, Nashville’s Agenda, that included affordable housing as one of its “21 goals for the 21st Century.” THF’s mission has evolved over the years. Its original focus was exclusively on providing low to moderate income homebuyers with down payment assistance loans. Its current work includes helping homeowners attain their first home, financing residential developments that provide affordable housing opportunities, lending for non-residential projects that benefit low to moderate income communities and loans for artists’ living and work space. Some of THF’s greatest areas of community impact to date include:
- Loaned more than $25 million to over 4,000 first-time homebuyers for down payment assistance;
- Loaned over $51 million to non-profit and for-profit developers for the construction and development of over 1,500 units;
- Leveraged in excess of $456 million in private financing for the activities above; and
- Responded to immediate community needs and opportunities, such as leading Nashville’s flood recovery efforts for homeowners impacted by a 500-year event in 2010, and writing and coordinating the Nashville consortium application for a $30 million Neighborhood Stabilization Program 2 (NSP2) Grant.
The Development Loan Officer carries the full range of responsibilities typically associated with such a position. Reporting to the President/CEO, the Development Loan Officer’s responsibility is to help develop and originate The Housing Fund’s lending activities in such a way that makes effective use of the agency’s resources and creates a positive impact on the housing and community development needs of low and moderate income persons and neighborhoods.
- Essential Functions
- Working under the direction of the President/CEO, and in partnership with the other members of the Housing Fund staff, the Lending Officer is the primary loan originator for the Housing Fund’s loan programs. Specific responsibilities include:
- Leading efforts to originate, structure and close loans, both residential and community development;
- Actively markets THF loan products to a diverse array of potential borrowers, the community, and key organizations and agencies;
- Underwriting and analyzing loan applications in accordance with established policies;
- Presenting loans to the Board of Directors and its committees for approval;
- Working with closing attorneys and preparing required documents for closing;
- Coordinating disbursement and draw process as required;
- Working with portfolio management team to ensure that loans are booked appropriately and balanced monthly;
- Monitoring loans for compliance and accuracy of documents;
- Monitoring loan performance and working with borrowers to make corrective actions as required;
- Making recommendations for policies that affect loan portfolio performance and portfolio risk
- Relying on judgment to plan and accomplish goals using a certain degree of creativity and latitude;
- Working with the executive leadership team and the Board of Directors on program development and policy;
- Preparation of periodic reports as required;
- Participating in internal audits and analysis of lending activities;
- Maintaining records necessary for external audits and monitoring.
- Software used
- THF uses the Microsoft suite of programs and Loan Servicer 3D (or similar software). Advanced proficiency is required in Microsoft Excel and desired in Microsoft Word.
Education and Experience required:
- A college degree with four or more years of increasing responsibility working in the field of real estate lending or closely related fields, with credit analysis experience;
- Direct experience in loan origination, marketing and business development;
- Extensive knowledge of lending practices, regulations and guidelines.
Knowledge, Skills and Abilities required:
- Ability to translate and adapt past experience to current community development and affordable housing lending;
- Desire to provide internal and external leadership in the field of community development lending and interest in developing a personal alignment with the mission, goals and programs of THF;
- Understanding of federal community development programs and Community Development Financial Institutions is desirable;
- Strong management skills and organized approach to work;
- Strong analytic and math skills as applied to lending;
- Problem solving is an important aspect of the work, including innovative approaches where appropriate;
- Ability to perform job functions with limited supervision;
- Ability to manage multiple projects and priorities simultaneously and maintain momentum in each;
- Good oral and written communication skills;
- Customer service orientation with ability to use tact and courtesy when dealing with others.
Salary is competitive and commensurate with qualifications and experience
How to Apply:
To apply, email cover letter, vitae/resume, and salary requirements to: firstname.lastname@example.org Email applications are required. No phone inquiries please.
Communications will be treated with confidence, and resumes will be accepted until the position is filled. However, the active application period is now through March 31, 2017 or until the position is filled. Resume reviews begin immediately.
THF is an equal opportunity employer
The California Endowment, a private, statewide health foundation, was established in 1996 to expand access to affordable, quality health care for underserved individuals and communities, and to promote fundamental improvements in the health status of all Californians. Headquartered in downtown Los Angeles, The Endowment has regional offices in Sacramento, Oakland, Fresno and San Diego, with program staff working throughout the state. The Endowment challenges the conventional wisdom that medical settings and individual choices are solely responsible for people's health. The Endowment believes that health happens in neighborhoods, schools, and with prevention. For more information, visit The Endowment’s Web site at www.calendow.org.
The California Endowment has a $100MM commitment to use Program-Related Investments as its primary impact investing tool to support its mission of “health and justice for all.” The PRI Analyst position has substantial responsibility on a small and entrepreneurial team that leads this impact investing activity at The California Endowment (TCE).
At TCE, we use our PRI capital to fill financing gaps, address market failures and promote innovative ideas that affect the health and wellbeing of vulnerable populations and low-to-moderate-income communities in California. Sample PRIs include a portfolio of loans supporting community health centers, increasing access to healthcare for all populations, and loans providing economic opportunity for small business owners and low-income populations.
This is an exciting and ideal position for an individual that wants to build an impact investing career. This position reports to the Director, Program-Related Investments.
- Responsible for portfolio management and monitoring of PRIs (e.g., borrower relationship management, covenant compliance, waivers, etc.)
- Performing due diligence, structuring and closing of PRIs
- Business development through internal partnerships and external outreach
- Representing TCE and the PRI team in the broader impact investing field
- Partnering with finance and operations staff on loan management and other operational functions
- Preparing board materials including financial and social performance reporting and exposure analysis
- Experienced in underwriting financial transactions, including analyzing financial statements, understanding of accounting principles and evaluating organizational and management strength
- Familiarity with capital markets and/or impact investing and community development
- Ability to collaborate effectively across diverse departments and organizations to drive business results
- Above average written and oral communication skills; effective in formal and informal presentation settings
- Results and detail oriented; demonstrated ability to establish and achieve goals with rigor
- Strong business acumen in working with diverse constituencies
- Ability to travel and work independently as a team partner
- Undergraduate Business degree or related degree.
- Four to five years of experience in investments or related field.
- MBA a plus.
How to Apply:
Please log on to our online application system at: http://cyberrecruiter.calendow.org/cyberrecruitercareers
The National Development Council (NDC) is one of the oldest national economic development non-profits in the country, headquartered in NYC, whose mission is to increase the availability of affordable housing and quality jobs through developing and implementing economic and community development strategies that increase the flow of capital to urban and rural communities.
NDC undertakes our work through providing Technical Assistance, training and capacity building, and financing and development. In all areas, we bring resources to the implementation side of development projects through either technical advice or direct capital in the form of SBA loans, low income housing tax-credits (LIHTC), and new markets tax credits (NMTC).
In 1988, NDC expanded its mission through the creation of NDC Housing & Economic Development Corporation (HEDC). This model has allowed NDC, through HEDC, to lessen the burdens of government and promote economic development by designing, building, financing, operating, and maintaining buildings for government and not for profit Sponsors. Since its inception, HEDC has developed 43 projects with total project costs exceeding $2.5 billion. Project types range from University Laboratories, Student Housing, Government use office buildings, Parking facilities and a Community Theater. The HEDC active portfolio consists of 20 projects. The majority of the projects are located in the Pacific Northwest and Northeast.
This newly created position will be responsible for managing the reporting and compliance requirements of a wide-ranging P3 portfolio. This individual will work closely with the P3 asset management team and property managers to ensure the accounting and finance operations are working efficiently. The position will require occasional visits to the communities in which the projects are located. NDC’s expectation is that the candidate will work from NDC’s NYC office. The position will report directly to the Chief Financial Officer.
- Ensure that quarterly and annual reporting requirements are met
- Manage relationships with 3rd party accountants and auditors
- Manage tax-exempt bond compliance and reporting
- Provide support to the asset management team and project sponsors
Ideal candidates will have both a commitment to NDC’s mission, and a proven understanding of generally accepted accounting standards (“GAAS”) related to real estate transactions. CPA preferred. A bachelor’s degree in finance, accounting, business administration, public administration or related field, and a minimum of five years of experience in a similar position or combination of experience and education that result in the required knowledge, skills and abilities to perform the work. Preference will be given to individuals experienced with the compliance and reporting requirements associated with tax-exempt bonds.
Excellent compensation package. EOE.
How to Apply:
Email resume and cover letter to email@example.com