HNS Housing Trust Fund Manager
Full Time
Charlotte, NC 28202
$79,519 - $86,082 a year
Posted
Job description
Charlotte’s local government works hard to ensure that the community will be a winning city for everyone – a truly remarkable place to live, work, learn and play.
Housing & Neighborhood Services focuses on creating vibrant, diverse neighborhoods through the delivery of four major service areas: Community Engagement, which works to create successful neighborhoods where people of diverse backgrounds and incomes can build successful lives, Code Enforcement, which works to improve the appearance of communities and maintain standards of living, Housing Services, which provides a wide array of programs and services for families residing the City of Charlotte, as well as CharMeck 311, which provides important information and services for customers in the City of Charlotte and Mecklenburg County.
Function
Community
Summary
The Housing Trust Fund Manager fills a critical senior leadership position within the Housing Services Division. This position oversees the management of the City’s Housing Trust Fund, a multimillion-dollar investment tool designed to create and preserve below market rate housing options in the City of Charlotte. The HTF Manager is responsible for the full life cycle of HTF investments including developing requests for proposals, reviewing proposed developments, financial underwriting, due diligence, contract development, loan closing and construction oversight.
Major Duties and Responsibilities
This position will manage the City’s Housing Trust Fund (HTF), including city-funded multi-family and single-family developments. Duties include
- Administering the HTF Request for Proposal process, underwriting, evaluating, and preparing financial commitments and loan closings to approved developments.
- Financing and approval of all draw requests for construction.
- Monthly/quarterly project reports, providing research and analysis on affordable housing as required, and reviewing all rezoning petitions to provide housing department comments.
- Provides Charlotte-Mecklenburg Home Consortium and Community Housing Development organizations technical assistance and financing housing programs and developments.
Knowledge, Skills & Abilities
- Experience in financing affordable housing is required.
- Ability to prepare computer generated financial proforma, cash flow reports and can blend financial analysis techniques with problem-solving skills.
- Proven ability to handle multiple high-pressure complex projects creatively, flexibly, and independently.
- Sound understanding of the affordable, rental, multi-family development process and at least five years’ experience in affordable multi-family real estate development, management, financing, construction, and rehabilitation, including at least one year of experience in program and project management
- Multi-family underwriting experience and the ability to independently assess the financial feasibility of proposed developments
- Understanding of multi-family asset management
- Understanding of multi-family ownership entities, debt structuring and equity financing, and single-family mortgage financing packages for single and multi-family housing new construction and rehabilitation projects
- Ability to establish and analyze financial models that will contribute to the development of affordable and workforce housing
- Working knowledge of multi-family operations and federal and state housing and community development regulations, programs and resources
- Working knowledge of general, financial, and construction administration; inspection, and housing mortgage and financing
- Excellent Interpersonal, oral and written communication skills
- Ability to work with for profits and non-profit developers, charitable groups, and provide information on City housing programs
- Ability to exercise good judgment, think strategically with innovative ideas and focus on detail as required by the job
Preferred Qualification
- Graduation from a four-year college or university in public or business administration, or finance; or an equivalent combination with at least seven years of experience
- A master’s degree is preferred with five years of experience or a demonstrated record of equivalent experience and training.
- Coursework in finance, accounting, public administration, community development, urban planning and real estate.
- Housing Development Certification a plus.
- Bilingual ability (Spanish/English) a plus, but not required
Minimum Qualifications
High school graduation or equivalent and seven years relevant work experience, OR Associates degree and five years relevant work experience, OR Bachelor's level degree and three years relevant work experience, OR Master's level degree and one year of relevant work experience
Salary
$76,519 to $86,082, based on experience
Conditions of Employment
The City’s Background Check Policy requires background checks to be conducted on final internal or external candidate(s) applying for any position with the City of Charlotte. The type of information that will be collected as part of a background check includes, but is not limited to: reference checks, social security verification, education verification, criminal conviction record check, and, if applicable, a credit history check, sex offender registry and motor vehicle records check.
The City of Charlotte requires proof of COVID-19 vaccination as a condition of employment for any new City of Charlotte employees. The City is an Equal Opportunity Employer, and as such, will consider reasonable accommodations as required by law.
Background checks must be in compliance with all federal and state statutes, such as the Fair Credit Reporting Act (FCRA). The checks must be consistent with the guidelines set forth by these laws requiring organizations to obtain a candidate’s written authorization before obtaining a criminal background report, motor vehicle records check or credit report; and to properly store and dispose of information derived from such reports.
Final candidates must pass a pre-employment drug-screening test and physical examination. During the selection process, candidates may be asked to take a skills test, and/or participate in other assessments.
The City of Charlotte is an Equal Opportunity Employer.
How To Apply
Apply online.
Federal law requires employers to provide reasonable accommodations to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job.
You are welcome to visit the City of Charlotte Human Resources Department lobby where we have workstations available. Our office is located at 700 East 4th Street, Suite 200, Charlotte, NC 28202. Our hours are Monday through Friday, 8 a.m. to 5 p.m. (EST), excluding official City holidays.
Anyone seeking an accommodation to apply for a job may call (704) 336-2285 for assistance or you may email questions to CityHrJobPostingsNotify@ci.charlotte.nc.us.
Benefits
The City of Charlotte provides a comprehensive benefits package to all employees.
Click here to learn more about the City of Charlotte’s benefits.
The City of Charlotte is a drug and alcohol-free workplace.
In Conclusion
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