Multi Family Affordable Home Program Analyst

Category:

Banking & Financial Services

Employment Type:

Contract

Reference:

BH-384108

Multi-Family Affordable Home Program Analyst
7+ month contract
Irving, TX (Hybrid)

MUST HAVES

• 15-year proformas
• Multi-Family Rental; monitoring of multi-family real estate properties
• Experience reviewing rent rolls including tenant files
• Affordable Housing or LIHTC Compliance
• Affordable Housing Ownership Experience
• Funding requests-experience processing funding requests on a construction draw
• MS Office Skills - using Adobe
• Federal and state affordable housing programs

• Analyze AHP Rental and Owner-Occupied disbursement requests to ensure all required documentation is in compliance with AHP regulations and departmental policies and procedures. Make approval/denial recommendations for funding to AHP General Fund Manager.
• Participates in the analysis, review, and selection of Affordable General Fund Housing program applications.
• Provide technical assistance to member institutions, non-profit organizations and community/government leaders on the features and uses of the Affordable Housing Program.
• Interacts with other analysts on complex issues regarding applications, modifications, fundings and monitoring.
• Analyze complex multi-family rental project disbursements to ensure project is viable for funding, as assigned.
• Review and approve HELP, SNAP and AHP owner-occupied disbursements request when designated.
• Perform the compliance review of AHP rental projects to ensure that AHP compliance requirements are being met. (Income targeting and rent compliance)
• Provide the management team with updates and status reports on project completion/modification, as assigned. Make recommendations concerning the continued viability of said projects.
• Analyze and review project status reports and other information to ensure that projects are in compliance with AHP regulations and departmental policies.
• Up to 10% travel required to participate in various speaking engagements and promotional appearances (local, state-wide, regional, or national).
• Develop a working knowledge of the Bank's other products and services, especially those offered by the Community Investment Department.
• Develop and maintain knowledge of local, state, and national programs that are involved in financing affordable housing development; provide assistance and update policies and procedures to ensure effective administration of the Affordable Housing Program.
• Perform user acceptance and validation testing and maintenance of internal systems and applications. Ensure implementation is in compliance with department internal controls, policies and procedures, FHFA regulations and Bank policy.
• Participate in the planning and organizing of the AHP workshops and webinars.
• Perform regular and ad hoc activities in support of the operational needs of the department.
• Perform other duties as assigned.

• Bachelor's degree in business, Finance, Economics, Real Estate, Public Policy, Urban Planning. A master's in public administration preferred.
• 4-6 years financial analysis and credit underwriting experience associated with commercial real estate/multi-family properties, housing development, commercial finance or other demonstrated affordable housing experience.
• Completion of major corporate bank credit training or equivalent experience preferred.
• Excellent presentation, interpersonal, oral and written communication skills.
• Advanced experience with PowerPoint, Excel, Adobe Acrobat and Word.
• Ability and flexibility to travel and/or make presentations at Bank and industry functions, workshop, conferences, etc.
• Grow America (fka the National Development Council) or other comparable professional housing certification preferred.