Restructuring Analyst (AHP)

Company: U.S> Department of Housing and Urban Development

Location: Washington, DC

Job Function: Other


The Office of Housing provides vital public services through its nationally administered programs.  It oversees the Federal Housing Administration (FHA), the largest mortgage insurer in the world, and regulates important parts of the housing industry.  The Office of Housing is committed to building and preserving healthy neighborhoods and communities through homeownership, rental housing, and healthcare opportunities.

The Office of Multifamily Housing is responsible for the overall management, development, direction, and administration of HUD’s Multifamily Housing Programs. HUD’s Multifamily programs provide mortgage insurance to HUD-approved lenders to facilitate the construction, substantial rehabilitation, purchase and refinancing of multifamily housing projects. MFH is widely responsible for productionasset management and portfolio oversight, and recapitalization of assisted properties, and field operations. As part of the National Housing Act of 1934, Congress created the Federal Housing Administration (FHA) which later became a part of the Department of Housing and Urban Development’s (HUD) Office of Housing in 1965.


HUD’s Office of Recapitalization is seeking an Underwriter (aka ‘Restructuring Analyst’) (GS-12) to be based in the Office’s Transaction Division located in Washington, DC. This role will include support for the Department’s overall goals and will focus specifically on the underwriting and program compliance of affordable housing transactions under the Rental Assistance Demonstration (RAD) program, a high-profile initiative to significantly improve and preserve deeply affordable housing across the country. Duties may include overseeing and underwriting a portfolio of HUD Multifamily assets or public housing properties undergoing RAD conversions, analyzing, and resolving underwriting and policy issues, and providing technical support to various internal and external stakeholders. Applicants with backgrounds in accounting, finance, urban planning, and real estate development are encouraged to apply. Knowledge of affordable housing preservation policy is preferred.



  • Ensure timely submission of Rental Assistance Demonstration (RAD) forms for various actions as required by outstanding RAD directives, trains PHAs and owners on proper completion of these forms and makes recommendations for action by a Recap Transaction Specialist or supervisor.
  • Review documentary submissions from PHAs and owners in response to RAD requirements and makes recommendations for action by a Recap Transaction Specialist or supervisor.
  • Prepare and write Housing Assistance Program (HAP) contracts for review by a Debt Restructuring Specialist, Recap Transaction Specialist, or supervisor.


The official duty station for this position will be in Washington, District of Columbia. Failure to report to duty at this location may be grounds for a disciplinary action, including removal.

Key Requirements:

  • Must be U.S. Citizen or U.S. National.
  • A one year probationary period may be required.
  • Must successfully complete a background investigation.
  • Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency.
  • Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
  • If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.
  • Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form i-9. Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.
  • Please refer to “Additional Information Section for additional Conditions of Employment.”
  • Obtain and use a Government-issued charge card for business-related travel.


You must meet the following requirements by the closing date of this announcement.
Specialized Experience: For the GS-12, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the GS-11 grade level in the Federal service.
Specialized Experience
 for this position includes:

-Performing activities related to affordable rental housing including project based rental assistance, public housing, project based vouchers, housing choice vouchers, or other affordable housing programs such as HUDs Section 202 and Section 236 programs, Low-Income Housing Tax Credits, or other federal and state agency multifamily housing programs; AND

-Performing activities for the preservation of affordable housing including Section 8 project based rental assistance contracts or financing of affordable housing construction or rehabilitation.; AND

-Experience producing memoranda, tracking systems, spreadsheets, presentations, and reports for the use of staff and management.; AND

-Collaborating with Federal, state, and local government officials, or development teams on a variety of affordable housing development or recapitalization matters.

Experience may have been gained in either the public, private sector or volunteer service. One year of experience refers to full-time work; part-time work is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year and indicate number of hours worked per week on your resume.

Compensation and Benefits

$89,834 – $116,788 per year

How to Apply