Senior Affordable Housing Analyst
You will be the central figure for the most complex aspects of the Affordable Housing Program (AHP), primarily focusing on two areas :
Advanced Underwriting & Funding
- Lead the review and selection for the most complicated loan applications for affordable housing projects, assessing their financial viability and risk.
- Provide final approval / denial recommendations for large grant and funding disbursements, ensuring all required documentation is correct and compliant.
- Manage transactions and processes related to various grant programs (AHP, HELP, SNAP).
Regulatory Compliance & Monitoring (The "Rules" Side)
Oversee ongoing compliance for all rental projects, specifically monitoring Income Targeting and Rent Compliance over the long term.Serve as the subject matter expert (SME), providing technical advice on complex AHP rules to internal teams, member banks, and non-profits.Develop and update policies to ensure the AHP is administered as effectively and compliantly as possible.Monitor project performance and provide strategic recommendations on troubled projects to senior management.What You'll Need
Education : A Bachelor's degree in Finance, Business, Real Estate, or a related field is required.Experience : 6+ years of progressive experience in financial analysis and credit underwriting, with a significant focus on commercial real estate, multi-family properties, or housing development.Essential Expertise : Demonstrated deep expertise in Affordable Housing Program (AHP) compliance and long-term regulatory monitoring.Skills : Exceptional communication and presentation skills to clearly explain complex regulations.Travel : Ability to travel up to 10% for presentations and industry events.Preferred : A Master's degree, completion of a major bank credit training program, or professional housing / compliance certification.
Compensation / Pay Rate (Up to) : $80,000.00 - $104,000.00