Rural Lending Specialist

Company: Local Initiatives Support Corporation

Location: , Remote

Job Function: Lending/Loan Operations


What We Do

LISC forges resilient and inclusive communities of opportunity across America – great places to live, work, visit, do business and raise families.

Strategies We Pursue

  • Equip talent in underinvested communities with the skills and credentials to compete successfully for quality income and wealth opportunities
  • Invest in businesses, housing and other community infrastructure to catalyze economic, health, safety and educational mobility for individuals and communities
  • Strengthen existing alliances while building new collaborations to increase our impact on the progress of people and places
  • Develop leadership and the capacity of partners to advance our work together
  • Drive local, regional, and national policy and system changes that foster broadly shared prosperity and well-being

Over the last 40 years, LISC and its affiliates have invested approximately $24 billion in businesses, affordable housing, health, educational mobility, community and recreational facilities, public safety, employment and other projects that help to revitalize and stabilize underinvested communities. Headquartered in New York City, LISC’s reach spans the country from East coast to West coast in 38 markets with offices extending from Buffalo to San Francisco and in 2,400 rural counties across 49 states and Puerto Rico. Visit us at


The national rural program of the Local Initiatives Support Corporation (Rural LISC) seeks a candidate for a Program Officer position focused on providing creative capital solutions and technical assistance for rural development projects. LISC offers flexible loan options and technical support through our suite of commercial and real estate loan products that support small businesses, economic development programs, affordable housing, community facilities, and more to help strengthen underserved neighborhoods and rural communities.

The Program Officer will work under the guidance of the Lending Director to execute the team’s broad Creative Capital programmatic agenda with a primary focus on providing underwriting support but will also participate in the creating community development lending products and grant programs, technical assistance, and project pipeline management.

The candidate will be both externally and internally focused on creating project pipeline opportunities while simultaneously helping to strengthen internal lending operations. The candidate should possess work experience in community development lending and underwriting, and possess knowledge of small business/entrepreneurial development, training/outreach, and skills in building key relationships. Candidates should also have experience working with diverse populations. A belief in the future and promise of rural communities is paramount.

Ability to remote work and frequent travel required.



  • Outreach to non-profits and businesses to develop project pipeline opportunities for lending and grant products, including coordination with LISC affiliates. Expand Rural LISC’s economic development partnerships with funders, including national, state and local stakeholders, as appropriate.
  • Serve as a key contributor to Rural LISC lending activities with a focus on lending and grant management, including origination, underwriting, closing, monitoring and portfolio management of loan facilities.
  • Manage Rural LISC KIVA (micro-lending) program, including coordination with National Economic Development Team, recruiting, training and managing local KIVA Trustees.
  • Identify capacity needs and strengths in order to provide lending technical assistance and training, in coordination with Rural LISC team.
  • Represent Rural LISC in Creative Capital discussions and meeting obligations.
  • Maintain a portfolio of partner CDCs (non-profits), identifying capacity needs and strengths in order to provide technical assistance and training tailored to each partner, or group of partners.
  • Provide capacity-building support to CDC Partners to position their organization to successfully implement local and regional economic development strategies.
  • Manage relationships with other lending partners, including for profit or nonprofit financial institutions and local, state, and national governmental programs, in addition to LISC Small Business lending, New Markets Support Corporation, Strategic Investments, and National Equity Fund to maximize support and collaboration on lending and development opportunities.
  • Work with Vice President, National LISC and other partners to design new loan products and lending programs and create related marketing, informational and application materials.
  • Help identify and strategize on ways in which internal LISC resources can be strengthened and leveraged.
  • Provide support and input for fundraising, budgeting, Rural Advisory Committee loan review and reporting, Rural Seminar activities and other special projects as assigned by Rural LISC Vice President.
  • Assist the Vice President and the Leadership team in achieving and exceeding National and Rural LISC goals and objectives.
  • Perform all other duties as assigned.


  • Bachelor’s degree from an accredited college or university or commensurate related work experience
  • Minimum five years of related work experience in real estate underwriting and/or credit analysis. Proven skills in financial analysis including the ability to evaluate financial statements.
  • Familiarity with programs and concepts related to affordable housing, economic development, small business, entrepreneurship, or other areas that complement Rural LISC’s work.
  • Proven ability to take a project idea from concept to completion and to creatively solve problems.
  • Familiarity with rural economic development financing programs across a broad range of public and private resources including, regional, state and federal programs, to include Small Business, USDA, EDA and NMTC. Experience in developing and implementing projects in rural areas utilizing layered financing with local, state and federal programs preferred.
  • Extensive knowledge of non-profit program management and organizational development.
  • Capacity to work on multiple tasks and projects, prioritize a challenging workload, be positive and solution-oriented is critical.
  • Strong communication skills that externally translate to new business opportunities and internally assist with operational excellence.
  • Flexibility and poise in dealing with a diverse range of individuals and organizations. Ability to work independently, without constant supervision is a must.
  • Adept at multi-tasking, independent and detail-oriented; able to adjust to changing business requirements.
  • Excellent writing and verbal communication skills are essential. Advanced knowledge of Word and Excel required.
  • Comfort and adaptability working on a “virtual” team, collaborating, and communicating with staff both in-person and remotely (e.g., via phone, e-mail, webinar, etc.) is a must

Job Specifications:

  • Geographic location for this position is negotiable.
  • This position will involve travel up to 40% of the time.


Compensation and Benefits

LISC offers a competitive salary and excellent fringe benefits.


How to Apply

Please send a detailed cover letter and resume via email with “Program Officer – Rural Lending Specialist” in the subject line to