Housing Assistance Council Inc
Remote Jobs
3 Jobs
Role Description The Portfolio Manager, Closing and Disbursement is responsible for all aspects of loan closing and loan disbursements for an assigned portfolio of loans made to entities engaged in affordable housing activities in rural communities throughout the United States. The Portfolio Manager, Closing and Disbursement works as part of a remote team working to develop lending opportunities and underwrite and close loans. Primary Responsibilities - Analyze internal loan approvals to determine required due diligence and documentation for each loan transaction. - Prepare and review loan closing documents (e.g., loan agreement, promissory note, deed of trust) and disbursement packages. - Collect and review due diligence materials submitted for closing and disbursements. - Work with title agent to prepare title insurance policy, binders, and title commitments, and review real estate settlement statements for accuracy. - Review property title records. - Provide instructions to closing agents/attorneys, borrowers, and third-party entities. - Ensure all settlement figures are correct, and work with the post-closing agent to ensure the transaction is recorded and any outstanding issues are resolved prior to closing. - Examine construction loan disbursement documentation and compare with budget. - Track cumulative disbursements to ensure the total disbursements are less than or equal to the approved loan amount. - Accurately and timely, enter loans and transactions into HAC’s loan administration system (Nortridge Loan Software). - Organize and maintain borrower organizational documents, loan documents, and due diligence documents. - Perform regular quality control checks of all assigned loan files to ensure completeness and compliance prior to, during, and after the closing and funding of the loan. - Maintain a positive and professional relationship with borrowers and partners (e.g., third-party lenders, attorneys and other external parties) by responding promptly to any and all requests in a responsive, consistent, accurate manner. - Understand, comply with, create and recommend updates to the policies and procedures related to the portfolio management and lending functions. - Communicate orally and make presentations to HAC’s Loan Committee and/or Board of Directors related to closing and disbursement activities. - From time to time, work on miscellaneous projects and initiatives related to either the lending functions or across the organization as needed. Qualifications - Undergraduate degree in real estate, finance or related field preferred. - 3+ years of experience in loan closings, preferably in relation to affordable housing, real estate, or bank or CDFI loans. - Knowledge of the affordable housing development and construction process. - Ability to work independently with minimal supervision. - Ability to manage multiple projects and deadlines simultaneously; must be able to prioritize duties, follow through and meet deadlines. - Advanced Excel, Outlook, Adobe, and Word knowledge needed. - Excellent verbal and written communication skills. - Strong organization and time-management skills. - Commitment to customer service. - Critical thinking skills. - Detail orientation. Benefits - Competitive wages. - Flexible benefits packages including health insurance. - Life and other insurance. - Financial benefits, including a retirement plan with partial employer match. - Time off. - Work/life benefits, including education assistance. - Salary range is $70,000 to $85,000 per year, depending on qualifications. Equal Opportunity Employment Information HAC is an equal opportunity provider and employer. HAC does not discriminate against any applicant or employee based on race, color, sex, national origin, age, disability, or any other basis protected by applicable federal, state, or local laws. To Apply Applications will be reviewed upon receipt, with interviews starting immediately. Submissions received without cover letters with the required salary information will not be considered.
Role Description The Grants and Contracts Manager oversees government grants, manages relationships with government funders, and works with Senior staff to inform the organization's government funding strategy. The position has responsibility for ensuring the regulatory and fiscal accountability of all government funded programs. The grants and contracts manager also collaborates with program management on data oversight and related outcomes and analysis and interpretation and application of 2 CFR 200 and related technical accounting standards and codifications. Primary Responsibilities - Responsible for financial decision-support activities including but not limited to budgeting, forecasting, and financial analysis for Senior Leadership Team for all government funded grants. - Prepare financial reports for grants, donors, and CDFI fund, including Foundation and Corporate reporting support. - Implement and maintain the organization’s grant management software, PyanGo. - Pre-and post-award administration, including organizing all submission documents and preparing budgets. - Assess opportunities to enhance the grant management process by eliminating bottlenecks, streamline processes, and partner with program departments. - Support solicitation of public funding with research and grant writing. - Conduct in-depth analysis of grants and contracts to determine maximization of all funding and proper management according to the terms of awards/contracts and provide education and training to Voucher Support staff. - Mitigate common contract management risks, such as financial, legal, and security risks. - Support the preparation of grants, donor, and CDFI fund financial reports. - Participate in the annual budgeting and quarterly forecast processes as it relates to government funding. - Perform ad hoc reporting and analysis as required. - Serve as a point of contact for entering new grants in the accounting system. - Compilation and submission of federal reports requesting advances or reimbursement and ensuring compliance with federal grant regulations. - Develop and prepare budgets to guide management strategy and resource allocation as it relates to government funded programs. Qualifications - Exceptional writer and communicator required. - Strong analytical and critical thinking skills required. - Proficient in the use of personal computers and related software applications for financial analyses and accounting transactions required. - Excellent people skills for establishing and maintaining effective working relationships with peers, senior management, and other business stakeholders required. - Work collaboratively across business units and within the Finance and Accounting Department (FAD) required. - Set and manage multiple priorities required. - BA in Accounting, Business, Finance or related field required. - 5+ years’ experience with government grants to non-profits. - Familiarity with NetSuite is preferred. Benefits - Competitive wages, benefits, and growth opportunities consistent with industry standards. - Flexible benefits packages include health insurance; life and other insurance; financial benefits, to include a retirement plan with partial employer match; time off; and work/life benefits, to include education assistance. - The salary is $90,000-$100,000 per year, depending on qualifications.
This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more. Role Description The Program Manager of the Center for Rural Multifamily Housing Preservation (CRMPHP) will be the entrepreneurial leader of the CRMHP, providing leadership, subject matter expertise, and day-to-day oversight of the Center’s work. Primary Responsibilities - Oversee an active USDA 515 role as a leading thought partner and expert on preservation of rural housing. - Reinforce and expand HAC’s role as a leading thought partner and expert on preservation of rural housing. - Expand and evolve HAC’s 515 technical assistance work to meet the needs in the field, increasing 515 preservation activity and capacity of nonprofit developers and housing authorities through improved resources and policies. - Preserve as many Sections 515 and other rural multifamily properties as possible. - Support state and Federal policy development focused on affordable housing preservation. - Collaborate across HAC’s divisions to accomplish these goals. Preservation Technical Assistance - Lead HAC’s USDA Section 515 Technical Assistance (TA), including supervision of Rural Housing Preservation Specialists. - Provide hands-on TA to nonprofits that are acquiring Section 515 properties, supporting through each stage of property acquisition and development—from initial due diligence through the potential rehabilitation construction and lease-up period. - Develop and maintain a pipeline of TA opportunities through marketing efforts. - Provide technical assistance on preservation of rural multifamily properties outside the 515 program. - Develop tools, templates, best practices, and case studies to assist the team and field. - Manage TA funding, including reporting and compliance. Policy - Support HAC’s policy team on Section 515 and housing preservation issues. - Assist in managing an industry-wide Rural Preservation Working Group (RPWG). Policy Advocacy - Track federal and state policy funding models that are resulting in successful preservation. - Build connection and professional community with other preservation-focused partners. Lending - Support HAC Loan Fund with subject matter expertise on Section 515 and other rental housing preservation transactions. - Work with the Lending team to identify and secure other loan capital for preservation lending. - Be an expert in affordable housing and community development finance on the needs of USDA 515 properties. Research - Work with HAC’s research team to develop effective research studies, tools, and publications that will help communicate the need for preservation of Section 515 and other rural multifamily properties. - Monitor data to assess trends and emergent issues with the stock of rural rental housing. - Assist with planning for and development of data utility to monitor and assess rural housing preservation. Inform, Influence and Interact - Be a leading voice on affordable rural housing preservation to increase awareness and grow resources to address this issue on a national scale. - Develop and grow partnerships with other national and regional partners and funders of preservation including GSEs, Federal Home Loan Banks, HUD, USDA, housing finance agencies, and public and tribal housing authorities to educate and increase engagement in rural rental housing preservation. - Develop and expand partnerships with national, regional, and local housing organizations to grow the pool of stakeholders interested in rural multifamily properties considered for energy retrofit and energy efficiency funding emerging through new EPA and HUD sources and other opportunities that arise. - Represent HAC and rural interests at conferences, meetings, and other events to influence developers, lenders, investors, CDFIs, elected officials, non-profits, and others to expand preservation. Qualifications - Bachelor’s degree and minimum of seven years of experience in real estate development, housing preservation, or community development finance. - Substantial real estate development knowledge or loan underwriting skills, with experience in understanding complex transactions and deal structures. - At least three years of experience managing people, preferably at a nonprofit. - Experience with and knowledge of USDA’s Section 515 program and the transfer process. - A strong understanding of real estate transactions including federal multifamily housing programs and preservation funding sources. - Innovative, entrepreneurial, and willing to pursue new ventures in service to the mission. - Organized, detail-oriented, able to manage multiple projects and meet deadlines. - Excellent and creative problem solver. - Excellent communication skills, excellent writer, and capable public speaker. - Able to protect and maintain confidentiality. - Able and willing to travel and occasionally work long hours. - Proficient in Office365 and able to thrive in an online workplace. - A good colleague and enjoyable person to work with. - Committed to HAC’s mission of improving housing conditions for the rural poor, with an emphasis on the poorest of the poor in the most rural places. Benefits - Competitive wages, benefits, and growth opportunities consistent with industry standards. - Flexible benefits packages include health insurance; life and other insurance; financial benefits, including a retirement plan with partial employer match; time off; and work/life benefits, including education assistance. - Salary range is $110,000 to $130,000 per year, depending on qualifications. Equal Opportunity Employment Information HAC is an equal opportunity provider and employer. HAC’s policy is not to discriminate against any applicant or employee based on race, color, sex, religion, national origin, age, disability, or any other basis protected by applicable federal, state, or local laws.