Housing/Community Developer V - Associate Director, Real Estate Finance

Print


Housing/Community Developer V - Associate Director, Real Estate Finance

Salary

$84,842.99 - $141,404.64 Annually

Location

FAIRFAX (FH22), VA

Job Type

FT Salary W BN

Job Number

22-00796

Department

Housing & Community Dev

Opening Date

03/12/2022

Closing Date

4/1/2022 11:59 PM Eastern

Pay Grade

S31

Posting Type

Open to General Public

Job Announcement

The Department of Housing and Community Development (HCD) is looking for a results-oriented, motivated self-starter to become Associate Director for the Real Estate Finance team. This senior manager will be responsible to oversee and manage the complex real estate financing that helps to make affordable housing a reality in Fairfax County.  Leads the team in developing, managing, and closing complex financial transactions involving low income housing tax credits and tax exempt bonds. Collaborates with internal and external customers, including senior management and third-party clients. Develops marketing plans for HCD's financing programs. Negotiates terms with bankers and underwriters on financing plans for housing projects and programs.  Responsible for the complete operations of the branch, including structuring, underwriting and closing complex financing transactions. Responsible for implementing policies, legal and program compliance, and management of multi-million dollar loan programs and financing transactions; including but not limited to maintaining the status of the FCRHA affiliates and corporation. Provides supervision to highly skilled and specialized staff including Housing Community Developer IV's.

Illustrative Duties

(The illustrative duties listed in this specification are representative of the class but are not an all-inclusive list. A complete list of position duties and unique physical requirements can be found in the position description.)
Oversees a large branch within a division and manages more than one program with significant funding implications and high degree of specialization and complexity for the County and is responsible for program's compliance with federal, state and local laws and regulations;
Prepares and presents policies, analyses and reports to the Fairfax County Redevelopment and Housing Authority (FCRHA), the Fairfax County Board of Supervisors, high level agency staff, citizen boards, representatives of the Department of Housing and Urban Development (HUD) and other federal and state officials; 
Directs efforts to seek outside funding opportunities ranging from federal or state programs to public/private partnerships.  Prepares responses or oversees preparation of responses to Notices of Funding Availability, and Requests for Proposals;
Prepares Requests for Proposals and other solicitations on behalf of the FCRHA or HCD;
Evaluates responses and participates in a leadership capacity as part of a selection committee;
Negotiates terms and price;
Undertakes complex development and financing of housing projects;
Develops and implements new programs and policies, including the documentation of procedures, guidelines and handbooks. Sets performance measures.
Establishes and works toward achievement of program goals and objectives, implementing corrective action when required;
Serves as a point of contact for federal, state and local officials and FCRHA commissioners regarding program policies and procedures;
Plans and sets goals and priorities for the program and subordinate staff, providing significant coaching and training;
Plays key role in carrying out specific strategic work of the agency;
Analyzes program progress and implements corrective action when necessary;
Makes presentations regarding programs to County agencies, business and industry representatives, nonprofit groups and the public;
Prepares complex reports for use by the County, state and federal government;
Represents the agency on interagency and community work groups and committees;
Develops and provides training to Housing and Community Development (HCD) staff and outside groups as requested;
Manages staff as part of a critical group or program;
Responsible for hiring, evaluation, coaching, and disciplinary action;
Reviews and coordinates applications for certain federal, state, and grant awards;
Leads regular program, branch and team meetings to improve inter- and intra-division communication and coordination of activities and projects;
Participates in development of the branch's budget submission and reviews expenditures; and
Acts for the division director in his/her absence.
  

Required Knowledge Skills and Abilities

(The knowledge, skills and abilities listed in this specification are representative of the class but are not an all-inclusive list.)
Expert knowledge of federal, state and local housing programs, regulations and standards;
Thorough knowledge of, and ability to effectively apply managerial methods, practices, theories and processes;
Knowledge of the issues relating to the application of supervised programs for real estate acquisition/sale, negotiations, financing and construction;
Knowledge of loan processing, underwriting and general real estate finance in the housing industry using a variety of private, federal, state and local programs;
Ability to plan, organize, coordinate, assign and evaluate the work of professional and support staff in a complex, highly-interactive team-based work environment;
Ability to direct programs requiring coordination with other governmental agencies, private developers, lending institutions, partnerships and citizen organizations;
Ability to oversee reporting for a variety of complex projects;
Ability to communicate effectively, both orally and in writing;
Ability to structure, prepare and deliver concise, understandable presentations on complex issues;
Ability to establish and maintain effective working relationships with elected and appointed officials and representatives of the public/private sector and community organizations.

Employment Standards

MINIMUM QUALIFICATIONS:
Any combination of education, experience, and training equivalent to the following:
(Click on the aforementioned link to learn how Fairfax County interprets equivalencies for "Any combination, experience, and training equivalent to") A bachelor's degree in public or business administration, real estate finance or related field, plus five years of progressively responsible managerial experience in the fields of real estate, real estate finance and lending programs or grants management. A master's degree in a related field may be substituted for one year of the required experience.  

PREFERRED QUALIFICATIONS:
  • Extensive experience in tax-exempt bond financing, loan underwriting, tax credit syndication and other complex financing structures;
  • Direct knowledge of and experience with financial analysis, mortgage finance, finance structuring and underwriting;
  • Document preparation and review;
  • Program compliance related to the use of a variety of private, federal, state and local loan and grant programs for multi-family affordable housing and commercial revitalization;
  • Working with the public, elected officials and government agencies;
  • Planning and implementing activities in order to ensure effective and efficient utilization of resources.
  • Must be results driven, organized, and detail-oriented, with the ability to manage multiple priorities; Have excellent communication skills (verbal, written and presentation);
  • Have strong team leadership skills with supervisory experience and a commitment to staff development.

NECESSARY SPECIAL REQUIREMENTS:
  • The appointee to the position must satisfactorily complete a criminal background check and a credit report check.
  • This position is considered essential personnel and will be required to report to work during times designated countywide as approved for unscheduled leave regardless of the emergency situation (i.e., weather, transportation, other disaster).
  • All newly hired employees are required to be fully vaccinated against COVID-19 (two weeks after the last required dose) as a condition of employment or obtain approval of a medical or religious exemption prior to their start date. Proof of an exemption or vaccination status will be required during the pre-employment onboarding process. New employees who obtain an exemption from the vaccine mandate for medical or sincerely held religious beliefs will still be subject to the weekly testing requirement. Vaccinated employees and employees with a medical or religious exemption will complete the attestation online on their first day of employment or shortly thereafter.

PHYSICAL REQUIREMENTS:
Job is generally sedentary in nature, however, job entails walking, standing, sitting, climbing stairs, reaching and bending; uses hands to grasp, handle, or feel. Visual acuity is required to read data on a computer monitor.  Incumbent must be able to operate keyboard driven equipment and computer. Ability to communicate with others verbally and in writing. Employee may be required to lift up to 15 lbs. All duties performed with or without reasonable accommodations.

SELECTION PROCEDURE:
Panel interview.

Fairfax County Government prohibits discrimination on the basis of race, color, religion, national origin, sex, pregnancy, childbirth or related medical conditions, age, marital status, disability, sexual orientation, gender identity, genetics, political affiliation, or military status in the recruitment, selection, and hiring of its workforce.  

 Reasonable accommodations are available to persons with disabilities during application and/or interview processes per the Americans with Disabilities Act. Contact 703-324-4900 for assistance. TTY 703-222-7314. EEO/AA/TTY.

Merit Positions

Fairfax County is proud to offer employees an attractive and comprehensive benefits program, including the following:

  • Medical/Vision/Dental Insurance Coverage
  • Group Term Life Insurance
  • Long Term Disability
  • LiveWell Program
  • Flexible Spending Programs
  • Paid Leave (annual, sick, parental, volunteer activity, and more!)
  • Paid Holidays
  • Contributory Retirement Plan
  • Deferred Compensation
  • Employee Assistance Program
  • Employees' Child Care Center
  • Commuter Benefit Program
  • Continuous Learning Opportunities

NOTE:  Fairfax County Government is a qualifying employer under the Public Service Loan Forgiveness program. For more information about the PSLF program: https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service

For additional details please visit the County's benefits webpage.

 

Non-Merit Positions

  1. Non-Merit Benefit Eligible: scheduled to work a minimum 1,040 hours and no more than a maximum of 1,560 hours in a calendar year.
    • Medical/Vision/Dental Insurance Coverage
    • Flexible Spending Program
    • Deferred Compensation
  2. Temporary:  scheduled to work a maximum of 900 hours in a calendar year.
    • No benefits

01
What is the highest level of education that you have completed?
  • Less than 12th grade
  • High school diploma or GED
  • Some college
  • Associate's degree
  • Bachelor's degree
  • Master's degree
  • Doctorate degree
02
Please indicate all major(s) or minor(s) for your completed degree(s). Check all that apply.
  • Real estate finance
  • Business administration
  • Public administration
  • Other (related field)
  • Other (non-related field)
  • Not applicable
03
If you answered "Other (related field)" or "Other (non-related field)" for the previous question, please list the discipline of your degree. If this question does not pertain to you or you do not possess a degree, enter "N/A".
04
If you answered "Some college" for the highest level of education completed, please indicate the number of quarter or semester hours you have completed towards a related degree.
  • Less than 45 quarter hours
  • 45 to less than 90 quarter hours
  • 90 to less than 135 quarter hours
  • 135 to less than 180 quarter hours
  • 180 or more quarter hours
  • Less than 30 semester hours
  • 30 to less than 60 semester hours
  • 60 to less than 90 semester hours
  • 90 to less than 120 semester hours
  • 120 or more semester hours
  • Not applicable
05
How many years of progressively responsible managerial experience do you have in the fields of real estate, real estate finance and lending programs or grants management? (Progressively responsible experience: Refers to tasks, job duties, or roles that demonstrate growth and/or advancement in complexity, difficulty, or level of responsibility - Details must be substantiated in your application.)
  • None
  • Less than one year
  • One to less than two years
  • Two to less than three years
  • Three to less than four years
  • Four to less than five years
  • Five to less than six years
  • Six to less than seven years
  • Seven to less than eight years
  • Eight to less than nine years
  • Nine to less than ten years
  • Ten or more years
06
Do you currently possess a valid driver's license?
  • Yes
  • No
07
How many years of progressively responsible managerial experience do you have in the fields of real estate, real estate finance or lending programs?
  • None
  • Less than one year
  • One to less than two years
  • Two to less than three years
  • Three to less than four years
  • Four to less than five years
  • Five to less than six years
  • Six to less than seven years
  • Seven to less than eight years
  • Eight to less than nine years
  • Nine to less than ten years
  • Ten or more years
08
How many years of full-time equivalent professional-level experience in financing or loan underwriting do you have?
  • None
  • Less than one year
  • One to less than two years
  • Two to less than three years
  • Three to less than four years
  • Four to less than five years
  • Five to less than six years
  • Six to less than seven years
  • Seven to less than eight years
  • Eight to less than nine years
  • Nine to less than ten years
  • Ten or more years
09
How many years of experience do you have supervising and managing a team of professional level staff members?
  • None
  • Less than one year
  • One to less than two years
  • Two to less than three years
  • Three to less than four years
  • Four to less than five years
  • Five to less than six years
  • Six to less than seven years
  • Seven to less than eight years
  • Eight to less than nine years
  • Nine to less than ten years
  • Ten or more years
10
Please indicate in which of the following areas you have experience. Check all that apply.
  • Loan underwriting
  • Real Estate Finance
  • Tax Exempt Bond Financing
  • Tax Credit Syndication
  • Presenting to public and/or private boards/committees
  • None of the above

Required Question

Agency
Fairfax County
Address
12000 Government Center Pkwy. Suite 270

Fairfax, Virginia, 22035
Phone
703-324-4900
Website
http://agency.governmentjobs.com/fairfaxcounty/default.cfm
Job Opportunities
Account
Terms Of Use
Cookie Settings
Copyright © 2024