Multi-Family Loan Administrator

Development Officer II Community Assistance (045632)
Multi-Family Loan Administrator
Recruitment #22-004382-0003
Filing Deadline    6/6/2022 11:59:00 PM
Salary    $45,439 - $58,704/year 

Work that matters. The Maryland Department of Housing and Community Development (DHCD) is a national leader in the financing of affordable housing and revitalizing communities.  This is an opportunity to join this nationally-recognized, award-winning organization and apply your skills to this high public purpose and challenging area. Annually, DHCD finances approximately 2,700 units of multifamily rental housing in 40 properties, amounting to $350 million in construction and permanent financing. Funding comes from a variety of sources, including state-appropriated funds, taxable and tax-exempt revenue bonds, federal low income housing tax credits, federal HOME funds and other federal funds. Additionally, DHCD administers rental assistance programs and innovative initiatives designed to expand affordable housing opportunities for persons with disabilities, increase the energy efficiency and sustainability of affordable multifamily developments, and preserve rental housing.

The Loan Administrator manages the processing of loan underwriting and approval for the Community Development Administration’s Multifamily Housing Development Programs, and reports directly to the Director for Rental Lending, Multifamily Housing Development Programs. This position oversees a process that begins with an application and involves extensive communication among a very large array of public and private participants typically lasting 12-15 months until the project begins construction.

This position provides: DHCD offers a flexible work schedule, telework and job sharing options, training, advancement and career path opportunities, casual business dress on Fridays, and a competitive salary. There is ample parking and our offices are located in walking distance to the New Carrollton MARC Train Station. Candidates must have seven years of community assistance experience (or a bachelor’s and three years). For more information and to apply online:
https://www.jobapscloud.com/MD/sup/bulpreview.asp?R1=22&R2=004382&R3=0003