Honors Fellow

New Jersey Housing and Mortgage Finance Agency•Trenton, NJ

12d

About The Position

The New Jersey Housing and Mortgage Finance Agency (NJHMFA) advances the quality of life for residents of, and communities throughout, New Jersey by investing in financing, and facilitating access to affordable rental housing and homeownership opportunities for low and moderate-income families, older adults, and individuals with specialized housing needs. For recent college graduates between May 2025 and May 2026, individuals in the last semester of a bachelor’s degree or individuals pursuing advanced degrees, to participate in an innovative program. The Honors Fellow Program (“Program”) is designed to be a twelve (12) month on-the-job training opportunity. The Program will introduce participants to various aspects of the development and financing of affordable housing throughout the state. Honors Fellows will learn about, and assist in, program development and implementation, research, and participate in special projects. Honors Fellows will be provided the opportunity to work on projects involving the new construction of affordable housing, rehabilitation and rental housing, mortgage assistance, and foreclosure prevention. Honors Fellows will have the opportunity to participate in an intra-divisional rotation (several units within one division) although additional opportunities may arise through the year in other divisions. Upon successful program completion, Honors Fellows will have a robust understanding of the Agency’s mission and vision, and the opportunity to apply for a position in one of the Agency’s divisions, in conjunction with Agency needs and budget. This is a 12-month program. If the Honors Fellow is hired at the conclusion of the Program, he/she is expected to commit to one additional year of employment at the Agency. Those hired under NJHMFA’s Honors Fellow Program are full-time Agency employees with benefits including: healthcare, retirement, and tuition assistance. This program is for those interested in state government service, specifically in affordable housing in New Jersey. Please visit the Honors Fellow webpage, under the About tab, to learn about application requirements. https://nj.gov/dca/hmfa/about/careers/honorsfellowprogram/ Honors Fellows will participate in the following duties as appropriate:

Requirements

Bachelor’s (4-year) degree, completion of a bachelor’s degree between May 2025 and May 2026, or a bachelor’s degree pursuing an advanced degree, and the required knowledge, skills and abilities.
Ability to communicate effectively, orally, in writing and to listen actively.
Ability to analyze financial statements and draw conclusions.
Ability to accurately enter and retrieve computer data.
Ability to establish and maintain effective working relationships with staff and the general public.
Ability to organize and accomplish multiple assignments simultaneously.
Ability to apply complex regulations to varying situations.
Maintain positive work atmosphere in an appropriate manner of behavior which ensures cooperation and effective communication with customers, clients, peers and management.
Familiarity with Microsoft Suite.
A valid driver’s license in the state in which the person resides is required only if the operation of a vehicle, rather than employee mobility, is necessary to perform the essential duties of the position.

Responsibilities

Assist in data collection for Agency programs.
Assist in research, program development, evaluation process and procedures.
Respond to requests for information internally and from various government entities such as DCA and the Governor’s Office.
Assist in responding to requests for information by the public.
Assist in review of mortgage loan commitments and closing documents.
Assist in the development of Agency policies.
Assist in Agency program compliance.
Assist in drafting revisions to Agency regulations.
Assist with special projects as assigned.
Assist in all aspects of project financing.
Assist in Board meeting preparation.
Assist in other duties as needed.