Acquisitions Specialist and Housing Cooperative Coach

Background

The organization

The New Hampshire Community Loan Fund, a community development financial institution founded in 1983, is nationally recognized as an innovator in the field of community development finance and has a rich history of providing access to capital to achieve home ownership, business growth, climate solutions, sustainable agriculture, child care, and cooperatives that secure and protect access to affordable housing.

Diversity, equity, and inclusion have always been key to our success. We are an Equal Opportunity Employer, and our employees are people with different strengths, experiences, and backgrounds who share a passion for improving people’s lives.

Summary

The position

We are looking for an energetic and talented individual to fill a critical role in our housing program, ROC-NH. ROC-NH works with homeowners in and owners of manufactured-home parks statewide to convert those parks into communities that are owned and governed by residents, known as resident-owned communities or ROCs. ROC-NH’s financing, training, and technical assistance help homeowners in ROCs build equity, achieve stable housing, develop leadership, and strengthen their communities.

Do you thrive while helping people overcome obstacles and reach their goals? Our team helps historically underserved communities achieve long-term housing stability. In this job you will assist homeowners who wish to purchase and operate their communities as ROCs. From negotiating the commercial real estate purchase to adding value through strong relationships and cooperative solutions, you will find meaningful work. The successful applicant will also be responsible for providing general governance-related technical assistance to an assigned portfolio of ROCs. This position involves regular weekend and night commitments and in-state travel.

Responsibilities

Major responsibilities/accountabilities

Housing Cooperative Specialist
Mobilize people for collective decision-making. Assist cooperatives in the acquisition process by organizing and facilitating meetings of manufactured-home-park residents and providing guidance on the potential purchase of their community through a time-constrained acquisition process or negotiated sale.

• Coordinate attorneys, bankers, and engineers to help new cooperative boards analyze potential commercial real estate purchases.
• Prioritize multiple tasks, meet deadlines, and coordinate stakeholders through the financing and purchase process.
• Provide input in preparing and presenting credit memos and proformas for loan committees.
• Assist in the preparation of all documents necessary to complete acquisitions.
• Help communities build skills by providing training resources to develop community bylaws, rules, and documentation, including membership and occupancy agreements.
• Adhere to policies, procedures, and regulatory guidelines, including fair lending and ethical behavior.

Technical assistance
Technical assistance helps ROC members build skills and understand the roles and responsibilities necessary to effectively manage the ROC while fostering empowerment, community spirit, and self-sufficiency.

• Provides governance support and management guidance to an assigned portfolio of ROCs, including but not limited to:
  • Regularly attending board and membership meetings.
  • Helping ROC boards and members navigate and apply their governing documents.
  • Monitoring ROC budgets and meeting minutes.
  • Capturing and updating important ROC-related information in internal records and databases.
  • Facilitating ROC self-assessments.
  • Connecting ROCs with external resources as appropriate.
  • Serving as ROC-NH’s primary point of contact for the assigned ROCs.
• Support all aspects of community financial and loan compliance, including plans to assess organizational health, troubleshoot problems, and develop goals and action plans.

Team player

• Support ROC-NH team members by sharing knowledge, serving as a backup, and participating in team initiatives.
• Complete updates and summaries for databases and weekly team meetings.
• Embrace the Community Loan Fund’s values: We live respect, embrace challenges, and advance equity.
• Contribute to information-sharing through blogs and social media.

Qualifications and characteristics

• Calm, comfortable thinking on your feet and problem-solving.
• Able to self-manage work-life balance.
• Demonstrated leadership skills.
• Ability to earn trust quickly.
• Ability to manage meetings to move things forward with diplomacy and tact.
• Ability to read financial documents.
• Proficient in Microsoft Office Suite.
• Valid driver’s license.
• Ability to work nights and weekends.
• Ability to work remotely when needed.

Physical demands

The physical demands described herein are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

While performing the duties of this job, the employee is regularly required to sit, talk, and hear. The employee is regularly required to stand, walk, use hand to finger, handle, and reach with hands and arms above shoulder height, stoop, kneel, and crouch. Specific vision abilities required in this job include the ability to adjust focus between near and far.

• Ability to answer telephones and use standard office equipment (copier, fax, etc.).
• Ability to read, write, and understand and speak English clearly.
• Ability to use a computer for Community Loan Fund business.
• Ability to drive for extended periods, both day and night.
• Ability to walk for extended periods on various terrains.
• Ability to lift at least five pounds.

Requirements

Education and experience

• Bachelor’s degree or equivalent experience.
• Current New Hampshire real estate salesperson or broker’s license or willingness to complete licensure in first six months of employment as directed and financially supported by the N.H. Community Loan Fund.
• Experience with project management, real estate development, and/or financing systems.
• Experience with Salesforce and Monday.com a plus.

Compensation and Benefits

Starting salary $60,000

The Community Loan Fund’s current benefit package which includes medical and dental coverage, group life and disability options, health, and dependent care Flexible Spending Accounts and our 401(k) Plan upon completion of each plan’s eligibility requirements. These benefits are subject to modification at any time by the Community Loan Fund and will be reviewed with you in detail on your first day of employment.  We also offer vacation, sick time, 11 Federal Holidays and 4 Floating Holidays.

How to Apply

If this description is a good fit, we would love to hear from you! Please send a resume with cover letter to [email protected].

No phone calls, please.
Equal Opportunity Employer
Visit us at www.communityloanfund.org.