Rental Housing Policy Advisor

Tennessee Housing Development AgencyNashville, TN
Onsite

About The Position

Coordinates policy development activities of the Low Income Housing Tax Credit (LIHTC), Multifamily Tax‑Exempt Bond Authority (MTBA), and National Housing Trust Fund (NHTF), programs with internal and external customers and other interested parties to meet agency goals in an efficient and effective manner; responsible for conducting policy research and providing technical support to the Director, Assistant Director, and Allocations Manager, as well as assisting in implementation and administration of the systems related to the programs administered by the Division.

Requirements

  • Bachelor’s degree in social sciences, business, finance or related field required.
  • Five (5) years of experience in development or lending as related to the housing industry required.
  • Five years of full-time experience in program planning, strategy development, and administration.
  • Current, valid driver’s license from domicile state and the ability to drive.

Nice To Haves

  • Master’s degree in Business Administration, Finance, Public Policy, Public Administration, City and Regional Planning or related field is preferred.
  • Considerable working knowledge of federal affordable housing production programs is preferred.
  • Experience with and knowledge of the LIHTC and/or NHTF programs is preferred.
  • Knowledge of building standards, costs, and a working knowledge of affordable housing programs is preferred.

Responsibilities

  • Proactively identifies, frames, and researches emerging policy issues affecting multifamily programs; develops substantive policy positions and presents recommendations to Division leadership with analysis of tradeoffs, precedent from peer agencies, and alignment with Agency goals.
  • In partnership with the Research and Planning Division, engages in ongoing evaluation of the effectiveness of existing multifamily housing policies, including identification of emerging housing trends, outcomes of existing programs and policies, and potential contributing factors.
  • Serves as the primary author and steward of program documents, developing and making policy recommendations on the Qualified Allocation Plan (QAP), MTBA Program Description, and NHTF Program Description at the direction of and in conjunction with the Director and Legal.
  • Leads the annual update to the QAP, MTBA Program Description, and NHTF Program Descriptions, including policy changes, point scoring system, and allocation and processing documents as required by IRS Section 42, HUD and related and/or subsequent regulations.
  • As may be required, reviews and analyzes applications for economic feasibility and compliance with federal, state, and organization program requirements.
  • Creates and delivers presentations to internal and external stakeholders.
  • Serves as a liaison among Multifamily Programs, Compliance and Asset Management, Research and Planning, Rental Assistance, other THDA divisions, and outside partners.
  • Assists with coordinating and implementing training activities for the Division, including training for internal and external partners.
  • Provides program information to the THDA Board of Directors and Leadership Team as needed and/or directed.
  • Builds and maintains relationships and contact with government officials, developers, other for-profit and non-profit organizations, state agencies, and other interested parties in order to keep abreast of market conditions and opportunities and the impact of program provisions.
  • In coordination with the Director and Assistant Director, continuously seeks to improve processes and procedures in line with program objectives.
  • Coordinates the periodic revision of program documents as required by the THDA Board of Directors, Director, and federal, state, and organization program requirements.
  • Represents organization at seminars, conferences and meetings.
  • Represents the Division in the absence of the Director and Assistant Director.
  • Performs other specialized duties and special projects as assigned.
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