Senior Loan Officer, Purpose Built Communities

Company: Low Income Investment Fund

Location: Atlanta, GA

Job Function: Lending/Loan Operations



Low Income Investment Fund (LIIF) is a non-profit Community Development Financial Institution (CDFI), that mobilizes capital and partners to achieve opportunity, equity and well-being for people and communities. LIIF innovates financial solutions that center racial equity to create more equitable outcomes for all by building and preserving affordable homes, quality educational opportunities from early childhood through higher education, health clinics, healthy food retail and community facilities. In this way, LIIF provides a bridge between private capital markets and communities. LIIF’s headquarters is in San Francisco and has offices in Los Angeles, New York, Atlanta, and Washington D.C. More on LIIF can be found at 


In partnership with JPMorgan Chase Bank, Amalgamated Bank, Truist Bank, MUFG Union Bank, and the Robert Wood Johnson Foundation, LIIF’s $45M Accelerator Fund (the “Fund”) was launched to support Purpose Built Communities’ comprehensive community-driven neighborhood development, aimed at supporting racial equity, economic mobility, and improved health outcomes.  The Fund also has two related and supporting pools of capital: 1) Equity with a Twist, an enterprise-level flexible debt product and 2) capital grants that support projects being financed by the Fund.  Purpose Built Communities (PBC) is a network of more than 25 independent non-profit organizations with  its members working to break the cycle of intergenerational urban poverty.   PBC members (“Network Members”) are community quarterbacks leading complex, holistic community revitalization efforts that include mixed-income housing, cradle-to-college education, and health and wellness services.

The Senior Loan Officer (the “SLO”) will develop a deep understanding of  Purpose Built Network Members’ capital needs and will look to fill gaps with the Fund whenever possible.  The SLO will also build an understanding of all LIIF’s product offerings, to combine with the Fund as needed to meet the Network Members’ financing requirements.  The SLO  will originate, underwrite, and close loans in support of Purpose-Built Network Members.  The SLO will also originate and manage Equity with a Twist and capital grant deployment, which activities are expected to comprise less than 20% of the SLO’s workload.  In connection with the deployment of capital, the SLO will provide hands-on technical assistance to Network Members when needed to become LIIF borrowers.  The Senior Loan Officer will provide input on and support the achievement of the Fund (and its larger Accelerator Initiative) work plan goals and will work in partnership with LIIF’s VP Funds to restructure the Fund if necessary to support deployment.   The SLO will also be a key relationship partner to the Purpose Built Communities organization.  The Senior Loan Officer is also involved in marketing LIIF products and programs to potential clients and is responsible for relationship management with borrowers, lending partners, technical assistance providers, government agencies, and public officials.


The Sr. Loan Officer reports to the Southeast Region Market Director.  Most Network Members, although not all, are located in the Southeast region.  The SLO’s role requires close collaboration across multiple departments.   The SLO will work closely with other regional market directors, with the VP of National Funds and Affordable Housing, and with the Chief Program Officer (CPO).



  • Work directly with Purpose Built Network Members to proactively identify and assess their capital and TA needs; connect Network Members to debt and/or grant financing through the Accelerator Fund. The SLO will drive Fund capital deployment.
  • Create and maintain Fund pipeline; assess potential transactions for feasibility and readiness; work closely with VP National Funds on project eligibility and support VP in any needed exceptions from Fund investors.
  • For all Fund loans, obtain credit approval from LIIF’s Chief Credit Officer. As and when needed, obtain credit approval from LIIF’s Internal Loan Committee and Lending Risk Committee.
  • Work with Market Directors to market, structure, and underwrite other LIIF financial products for Network Members as appropriate.
  • Interrogate Fund’s ability to meet the debt capital needs of Network Members and partner with VP National Funds to recommend changes to the Fund’s structure as needed.
  • Manage, underwrite, and close capital grants and Equity with a Twist loans associated with the Fund, in collaboration with the CPO.
  • Provide ongoing TA to Network Members and Community Quarterbacks and document TA support and progress.
  • Prepare for and attend meetings with funders, investors, and partners; prepare reports for internal and external stakeholders; and create and participate in webinars and convenings to build knowledge among the Network Members.
  • Material travel for site visits, meetings, conferences, etc. (overnight travel may be necessary)



  • Experience with community development, and/or commercial real estate lending is required, including credit analysis, deal structuring, underwriting, and closing. Experience in housing, charter schools and community facilities and/or small business financing, including tools such as NMTC is preferred.
  • Strong external relationship skills, ability to collaborate with a wide variety of stakeholders across sectors, including financial institutions, philanthropy, the public sector, and non-profits. Must have strong written, speaking, and external relationship skills.
  • Experience providing support and technical assistance related to planning and structuring financing to developers, community organizations, and other potential borrowers.
  • Familiarity with federal, state, and local government funding sources for capital and operating needs of charter schools and community facilities (e.g., child care centers, health centers, healthy food markets, social service and educational programs, etc.).
  • Ability to work independently and manage competing priorities, strong program management, budgeting, and time management skills.


  • Creative, strategic thinker with demonstrated imagination and flexibility.
  • Effective written and oral communication skills. Excellent presentation skills. Thoughtful listener. Direct and open communication style.
  • Dedicated self-starter who is accustomed to taking initiative, and driving toward results.
  • Demonstrated ability to meet and exceed production targets.
  • Professional in demeanor, actions, and attitude, toward external audiences and colleagues.
  • Must be willing to engage in, and execute, LIIF’s mission and its commitment to racial equity.


A Bachelor’s degree is required.  A minimum of five to seven years of progressively responsible experience in  structuring and underwriting project finance, and developing lending/investing strategies is preferred. Must possess excellent verbal, presentation, and written communication skills.  In lieu of education, directly related experience can be substituted. Ability to travel required.

Compensation and Benefits

Salary range: $120,000 to $130,000 Annually
Medical, Life, Vision, Dental, 401k

How to Apply

Please apply with Resume and Cover Letter via our recruitment portal:


Notice to Third Party Recruitment Agencies:

Please note that Low Income Investment Fund does not accept unsolicited resumes from recruiters or employment agencies.  In the absence of an executed Recruitment Services Agreement, there will be no obligation to any referral compensation or recruiter fee.

In the event a recruiter or agency submits a resume or candidate without an agreement Low Income Investment Fund shall explicitly reserve the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, shall be deemed the property of Low Income Investment Fund.

We do not accept unsolicited phone calls. Only candidates being considered for a position will be contacted.

LIIF, an EOE (Equal Opportunity Employer), believes that diversity ensures excellence. All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender, or national origin. Candidates of diverse background and with diverse experience are strongly encouraged to apply for this position.