COLORADO HOUSING AND FINANCE AUTHORITY-posted about 13 hours ago
$80,000 - $110,000/Yr
Full-time • Mid Level
Hybrid • Denver, CO
101-250 employees

The incumbent in this position will evaluate Low Income Housing Tax Credit (LIHTC) and state Affordable Housing Tax Credit (AHTC) multifamily housing project proposals for eligibility and feasibility, present and recommend projects for approval, and provide technical assistance to Housing Credit applicants. This position reports to the Manager, Housing Tax Credit.

  • Underwrite multi-family rental housing transactions in accordance with established policies and procedures and assess such areas as current rental housing market conditions, project development team, financial structure, rental income and operating expenses and projections, and project development budget, adjust tax credit award amount based on industry standards and program requirements as appropriate; Perform these functions with a high level of independence;
  • Present proposed projects and make Housing Credit allocation recommendations to the CHFA Tax Credit Allocation Committee;
  • Collaborate with and support the Program Administrator and Tax Credit staff in reviewing applications from the preliminary application stage to final allocation;
  • Present updates and action items to CHFA’s Board of Directors as needed;
  • Public speaking at groundbreaking and grand opening events, conferences, workshops, webinars, and other venues;
  • Serve as a resource and technical expert for project sponsors, lending partners, investors, and other professionals on affordable housing matters at conferences, meetings, and one-on-one interactions;
  • Maintain a thorough knowledge of the Housing Credit program; and
  • Oversight of other projects as assigned.
  • Other duties as assigned.
  • Strong knowledge of real estate lending and underwriting principles that incorporate some of the following: financial feasibility, market analysis, and site analysis;
  • High level of competence in public speaking;
  • High level of initiative and ability to work independently;
  • Excellent organizational and analytical skills;
  • Proficient in the use of PC based applications, including, but not limited to, Excel, Word, video meeting technology, and PowerPoint.
  • Project management skills that will effectively facilitate coordination of the application and approval process;
  • Strong skillset in communicating both orally and in writing in a positive, diplomatic, and friendly manner;
  • Strong ability to negotiate issues and resolve problems;
  • Strong customer service skills; and
  • Ability to establish rapport with persons of diverse ethnic, racial, and cultural backgrounds.
  • Ability to continuously improve and develop knowledge and skills, while adapting quickly to changing circumstances and processes
  • Ability to work towards inclusion in all activities, and decisions through the solicitation and appreciation of diverse perspectives.
  • Ability to exercise personal accountability in all activities and decisions.
  • Ability to embrace a culture of operational excellence to ensure processes are continually evaluated and improved as necessary.
  • Ability to operate with a sense of integrity
  • Ability to have fun with a demonstrated sense of humor
  • Requires in-depth experience in the Section 42 Low Income Housing Tax Credit program as well as knowledge of multifamily real estate lending principles that incorporate financial feasibility, market assessment, and site analysis.
  • Requires a Bachelor’s Degree in Business Administration, Marketing, Finance, Planning, or a related field, or equivalent experience.
  • Requires between 1 and 5 years of work experience in a position that incorporates some or all of the following: loan underwriting, market analysis, and financial feasibility, with an emphasis in housing or a housing-related field.
  • Comprehensive medical, dental, and vision insurance plans, with very low rates
  • Generous Paid Time Off, including paid volunteer time, and leave programs
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service