Multifamily Lending Senior Project Manager

  • Full-time
  • Work Hours: Weekdays
  • Job Code and Title: 9775-Senior Community Development Specialist II
  • Fill Type: Permanent Exempt

Company Description

Mayor’s Office of Housing and Community Development (MOHCD)

MOHCD’s mission is to support San Franciscans with affordable housing opportunities and essential services to build strong communities. We are industry leaders in financing the development, rehabilitation and preservation of affordable housing.  Through our financing, we strengthen the social, physical and economic infrastructure of San Francisco’s low-income neighborhoods and communities in need. We actively collaborate with community-based organizations, non-profits, affordable housing developers, and other City agencies and staff, in our pursuit of a more equitable and affordable San Francisco.  In our hiring practices, we strive to build teams that reflect the diversity of our City and the populations we serve, and we urge qualified candidates of all races, ethnicity, sexual orientation, and gender identity to apply.

MOHCD’s Housing Division

MOHCD is organized into two divisions – Housing and Community Development.

The Housing division focuses on creating housing policies and funding programs that create safe, stable, and affordable housing.  We are recognized nationally for our ground-breaking work to transform public housing through the HOPE SF and RAD initiatives; acquire and rehabilitate existing properties through innovative financing structures; steward an extensive portfolio of affordable housing; and expand that portfolio by advancing new housing production and inclusionary housing policies.  Our diverse staff and leadership work together to:

  • Guide and coordinate citywide housing policies under direction of the Mayor and through collaboration with the Board of Supervisors.
  • Administer a diverse set of financing programs to develop new affordable housing, preserve existing housing, and acquire and rehabilitate housing at-risk of market speculation. 
  • Monitor the long-term affordability and physical viability of the City’s publicly-assisted affordable housing portfolio of over 28,000 units, providing funding for needed repairs and upgrades to ensure sustainable operations and habitability for residents.
  • Incubate new programs, initiatives, and financing tools that further our production and preservation activities.
  • Conduct program evaluation and research to document housing needs and trends and communicate accomplishments to elected officials, collaborating partners, and the public at large.

Job Description

Position Description:

The Multifamily Lending Senior Project Manager position offers the opportunity to coordinate, develop and implement a wide variety of projects, program areas and policy, and operates with considerable independence within a fast moving, exciting and challenging environment.  In addition to managing a portfolio of projects, the Multifamily Lending Senior Project Manager is responsible for leading a program area, such as Bond Program, Small Sites and Preservation, or Senior Operating Subsidy.

The Senior Project Manager performs difficult and complex multifamily housing finance work, including but not limited to

  • Coordinating the development and implementation of program areas and housing development activities with other government agencies, private corporations, and community organizations.  Contributing to effective program design and assisting with the development of operating procedures and policies, including providing directions to implementing agencies on those policies.  Monitoring and evaluating programs and/or projects to ensure compliance and responsiveness to community needs.
  • Preparing, reviewing and making recommendations regarding the financing plans and programs, development budgets, construction budgets, operating budgets, timelines, entitlements, service plans, and proposed activities of entities receiving funding to ensure the City’s compliance with applicable Federal, State, and local laws and regulations.
  • Attending program or project-related meetings when requested and representing the office in explaining and interpreting program policies and objectives as well as their applicability to the City and various communities. Providing technical assistance on program operations and systems, and support to project staff, management, and different key stakeholders.
  • Supervising junior staff in carrying out the activities of housing development, as assigned;
  • Other duties, as assigned.  

Positions in this classification function at the principal journey level in the Community Development Specialist series. Employees in this class carry out their assignments with considerable independence. Positions in this classification are assigned significant planning, development, implementation, monitoring, and evaluation responsibilities in housing development programs. This classification is distinguished from the 9774 Senior Community Development Specialist I by its major program and/or supervisory responsibilities.  

Desired Qualifications:

  • A minimum of 6 years of relevant experience in affordable housing development and/or real estate finance, preferably in San Francisco.
  • Possession of a Master’s degree from an accredited college or university in a field related to real estate development, planning, business, public policy, or finance. 
  • Direct experience in the development and/or management of affordable housing assets including new construction, acquisition/rehabilitation, refinancing, resyndications, year 15 buy-outs and LP exits, capital improvements, affordable housing finance, pre-development, construction administration, and project close-out.
  • Direct experience with program development and administration including establishing policies and procedures, budget development and funding processes, monitoring and reporting to funding partners and public and private stakeholders, outreach and education, and managing stakeholder input.
  • Direct experience with Federal, State and local financing programs and rent subsidies such as CDBG, HOME, LIHTC, tax-exempt bonds, HUD Section 811 and 202, Section 8 Project-based and tenant-based vouchers, CalHFA and HCD programs, and MOHCD programs, etc.
  • Demonstrated organizational skills and ability to meet deadlines and manage multiple projects in a timely manner and to be a team player.
  • Excellent verbal and written communication and strong interpersonal skills, strong analytical, organizational, and quantitative skills. 
  • Proficiency in utilizing and developing complex mortgage loan models in Excel.

Qualifications

1. Possession of a baccalaureate degree from an accredited college or university AND four (4) years administrative/professional experience in community development, housing and/or housing development, workforce development, finance, education, social work, children/youth work, or criminal justice; OR

 2. Possession of a baccalaureate degree from an accredited college or university with a major in one of the following fields: public or business administration, urban planning, government, social work, education, finance or criminal justice AND three (3) years of administrative/professional experience in community development, housing and/or housing development, workforce development, finance, education, social work, children/youth work or criminal justice; OR

 3. Possession of a Master's degree from an accredited college or university in public policy, planning, social work, public administration, finance, education, criminal justice, or business administration AND two (2) years of administrative/professional experience in community development, housing and/or housing development, workforce development, finance, education, social work, children/youth work, or criminal justice; OR

4. Possession of a Ph.D. or Juris Doctor degree from an accredited college or university AND two (2) years of administrative/professional experience in community development, housing and/or housing development, workforce development, finance, education, social work, children/youth work, or criminal justice.

SUBSTITUTION: Verifiable administrative/professional experience involving community development, housing and/or housing development, workforce development, finance, education, social work, children/youth work, or criminal justice may substitute for the educational requirement in Minimum Qualification #1 on a year-for-year basis.

Additional Information

The San Francisco Mayor’s Office for Housing and Community Development recruiting to fill three (3) Multifamily Lending Senior Project Manager positions.  You may review the job description and apply to join our amazing team through Smart Recruiters. 

Classification:  9775 - Senior Community Development Specialist II

Annual Salary: $116,688 - $141,882

Application filing deadline ends on Friday, November 5, 2021 - 5:00 pm

All your information will be kept confidential according to EEO guidelines.

CONDITION OF EMPLOYMENT:  All City and County of San Francisco employees are required to be vaccinated against COVID-19 as a condition of employment.  For details on how it is applicable to your employment, please click here.

The City and County of San Francisco encourages women, minorities and persons with disabilities to apply. Applicants will be considered regardless of their sex, race, age, religion, color, national origin, ancestry, physical disability, mental disability, medical condition (associated with cancer, a history of cancer, or genetic characteristics), HIV/AIDS status, genetic information, marital status, sexual orientation, gender, gender identity, gender expression, military and veteran status, or other protected category under the law.

Carol Isen - Human Resources Director

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