Assistant Counsel

Connecticut Housing Finance Authority•Rocky Hill, CT

14h•Hybrid

About The Position

Connecticut Housing Finance Authority ("CHFA") is a self-funded, quasi-public organization. Its mission is to alleviate the shortage of housing for low- and moderate-income families and persons in the state of Connecticut ("State") and, when appropriate, to promote or maintain the economic development of the State through employer-assisted housing efforts. CHFA is a mission-driven leader in creating affordable housing opportunities for families and individuals in Connecticut. We believe in the power of the diverse and inclusive communities we serve. We provide a challenging, progressive, and supportive environment that encourages and promotes employee development. We offer competitive salaries; tuition reimbursement; 457 deferred compensation, state-sponsored pension plan, comprehensive health, dental, life, and disability plan, paid vacation, sick, and holidays, hybrid work schedule, ongoing training, career development, and, if qualified, employee may be eligible for student loan forgiveness under Federal Loan assistance program. The position is responsible for: documentation and closing multifamily financing transactions made pursuant to Chapter 134 of the Connecticut General Statutes and under other programs administered by CHFA including, but not limited to, federal low-income housing tax credits, single-family loans closed in-house, group home and supportive housing loan closings, state and federal emergency mortgage assistance loans, and real estate owned sale transactions; preparation of legal documents, closing of loans, and resolution of general legal matters involving existing developments under CHFA's multifamily housing portfolio and under the state-sponsored multifamily housing portfolio; preparation of contracts, requests for proposals and request for qualifications; assisting with legislative matters; reviewing documents in response to freedom of information requests; and the provision of general legal support and assistance to the General Counsel and Deputy General Counsel or Senior Counsel, senior management, and to staff of all CHFA departments as may be required to attend to the daily business, operation and mission of CHFA. Provides general legal support for single-family program matters and all aspects of multifamily financing and tax credit programs, including conducting closings, addressing asset management matters, tax credit allocation matters, and other program matters. Interacts with legal department, finance department, multifamily and single-family staff to accomplish the timely provision of legal services and efficient accomplishment of CHFA objectives and mission. Provides legal assistance and support to General Counsel, Deputy General Counsel and/or Senior Counsel(s) with legal research, legal counsel, and the preparation of documentation regarding CHFA department requests, human resources matters, requests for proposals, and request for qualifications, contracts, structured finance matters, legislative matters, general CHFA governance, audit matters, single-family servicing matters, freedom of information matters, and general compliance or policy matters.

Requirements

Requires a Juris Doctorate degree and admission to the Bar of the State of Connecticut.
Requires 5 years experience in the practice of real estate and/or finance law with working knowledge of commercial real estate finance and/or housing finance programs and structures.
Requires experience in a law firm or in a corporate or other organizational legal department.
Requires extensive experience in preparation and review of loan documents and other legal documentation, including contract preparation.
Requires scheduling and balancing priorities under time constraints.
Requires strong working knowledge of commercial real estate finance and/or federal and State housing finance programs and structures.
Requires daily decision-making in response to legal inquiries from CHFA staff and external parties.
Requires high degree of written and verbal communication skills and familiarity with current office technology.
Must have a strong understanding of real estate, finance & general governmental administration legal authority and general legal practice.

Responsibilities

documentation and closing multifamily financing transactions made pursuant to Chapter 134 of the Connecticut General Statutes and under other programs administered by CHFA including, but not limited to, federal low-income housing tax credits, single-family loans closed in-house, group home and supportive housing loan closings, state and federal emergency mortgage assistance loans, and real estate owned sale transactions
preparation of legal documents, closing of loans, and resolution of general legal matters involving existing developments under CHFA's multifamily housing portfolio and under the state-sponsored multifamily housing portfolio
preparation of contracts, requests for proposals and request for qualifications
assisting with legislative matters
reviewing documents in response to freedom of information requests
provision of general legal support and assistance to the General Counsel and Deputy General Counsel or Senior Counsel, senior management, and to staff of all CHFA departments as may be required to attend to the daily business, operation and mission of CHFA
Provides general legal support for single-family program matters and all aspects of multifamily financing and tax credit programs, including conducting closings, addressing asset management matters, tax credit allocation matters, and other program matters
Provides legal assistance and support to General Counsel, Deputy General Counsel and/or Senior Counsel(s) with legal research, legal counsel, and the preparation of documentation regarding CHFA department requests, human resources matters, requests for proposals, and request for qualifications, contracts, structured finance matters, legislative matters, general CHFA governance, audit matters, single-family servicing matters, freedom of information matters, and general compliance or policy matters.

Benefits

competitive salaries
tuition reimbursement
457 deferred compensation
state-sponsored pension plan
comprehensive health, dental, life, and disability plan
paid vacation, sick, and holidays
hybrid work schedule
ongoing training
career development
if qualified, employee may be eligible for student loan forgiveness under Federal Loan assistance program