HOUSING AND COMMUNITY DEVELOPMENT SPECIALIST I

State of California•Sacramento, CA

38d•Hybrid

About The Position

At HCD, we are dedicated to fostering a dynamic and inclusive work environment where innovation and collaboration thrive. If you're interested in promoting safe, affordable, sustainable communities for all Californians, HCD is the place for you. By joining our team, you'll have the opportunity to make a meaningful impact in your community while working along passionate professionals. Under the general direction of the Staff Services Manager II, the incumbent independently provides high-level expertise, research, and analysis on technical aspects of the programs and policies of the Division of State Financial Assistance (DSFA) with a focus on Climate Change, Access to Opportunity, & Homelessness Prevention Programs. The incumbent functions as an advisor and lead technical staff to assist with the most complex loan closings during all phases of multifamily loan/grant closings including analysis, oversight, underwriting, change approval, construction and permanent loan/grant closing and disbursement phase of the multifamily housing projects for the DSFA. Please Note: A Statement of Qualifications must be submitted along with your application in order to be considered for this position. Please see Statement of Qualifications section below for instructions. Under California Government Code Section 14200, this position is eligible for hybrid telework and may be eligible for full-time remote work in some circumstances and/or time-periods, at the sole discretion of the Department. Telework-eligible applicants must reside in California. Headquarter location will be designated based on the selected candidate's primary residence location. This is subject to change if HCD's criteria is met. You will find additional information about the job in the Duty Statement.

Requirements

You will find the Minimum Requirements in the Class Specification.

Nice To Haves

Knowledge of and experience in loan underwriting, loan document analysis, escrow, negotiation, appraisals, funds disbursal and loan-related report production.
Ability to effectively interpret regulations, guidelines and policies associated with various affordable housing programs.
Demonstrated ability to communicate clearly to all audiences (stakeholders, lenders, developers, HCD staff and management, etc.) regarding various affordable housing-related issues.
An effective self-starter who is also able to work collaboratively when appropriate.
Ability to prioritize workload without direction as needed to meet deadlines.
Experience/Knowledge with Real Estate Transactions.
Experience/Knowledge of Affordable Multifamily Housing Finance and Programs, including Loan Documentation and Multifamily Loan or Grant Closing Experience.
Communication skills and experience with Sponsors, Lenders, Investors, Consultants, Government and Private Sector Parties.
Implementing Policies, Procedures, Government Codes, and Regulations.
Experience Underwriting and Analytical Skills.

Responsibilities

Provides high-level expertise, research, and analysis on technical aspects of the programs and policies of the Division of State Financial Assistance (DSFA) with a focus on Climate Change, Access to Opportunity, & Homelessness Prevention Programs.
Functions as an advisor and lead technical staff to assist with the most complex loan closings during all phases of multifamily loan/grant closings including analysis, oversight, underwriting, change approval, construction and permanent loan/grant closing and disbursement phase of the multifamily housing projects for the DSFA.