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Recapitalization Transaction Specialist

Employer
USAJobs
Location
Washington, D.C
Closing date
Dec 14, 2022
Duties

Making a Difference: HUD's Mission
HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes; utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination and transform the way HUD does business.

As a/an Recapitalization Transaction Specialist, you will:

- Advise and make recommendations on affordable housing transactions to supervisors and managers in the Affordable Housing Transaction Division.
- Actively participate in solving some of the Nation's most complex and plaguing problems associated with public and affordable housing.
- Provide technical support to housing authorities, multifamily owners, as well as HUD field staff with the goal of improving, preserving and repairing assisted rental housing, which may include leveraging improvements in education, health, safety and employment.
- Coordinate, interact and participate in meetings with Office of Recapitalization management, HUD, OMB, and other governmental agencies, both Federal and State, housing finance agencies, Public Housing Authorities, private owners, participating administrative entities, and joint ventures to coordinate and maximize the achievement of the Office of Recapitalization's mission.

Requirements

Conditions of Employment



The official duty station for this position will be in Washington, District of Columbia. Failure to report to duty at this location may be grounds for a disciplinary action, including removal.
Key Requirements:
  • Must be U.S. Citizen or U.S. National.
  • A one year probationary period may be required.
  • Must successfully complete a background investigation.
  • Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency.
  • Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
  • If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.
  • Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form i-9. Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.
  • Please refer to "Additional Information Section for additional Conditions of Employment."
  • Obtain and use a Government-issued charge card for business-related travel.


Qualifications

You must meet the following requirements within 30 days of the closing date of this announcement.
Specialized experience is one year of experience at the GS-12 level or equivalent in either public or private sectors, that is directly related to the position as listed in this announcement and which has equipped the candidate with the particular knowledge, skills, and abilities to successfully perform the duties of the position.
Specialized experience includes:

- Providing interpretation and guidance of procedures, laws, and regulations related to multifamily housing development, including multifamily loan origination, underwriting, or a related multifamily or commercial area; AND
- Overseeing or completing underwriting of multifamily project budgets; AND
- Analyzing and resolving housing project issues relating to multifamily underwriting or operations.


Experience may have been gained in either the public, private sector or volunteer service . One year of experience refers to full-time work; part-time work is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week on your resume.

Time-in-Grade: In addition to the above requirements, you must meet the following time-in-grade requirement, if applicable:
For the GS-13 you must have been at the GS-12 level for 52 weeks.

Time After Competitive Appointment: Candidates who are current Federal employees serving on a non-temporary competitive appointment must have served at least three months in that appointment.

Education

This job does not have an education qualification requirement.

Additional information

OTHER INFORMATION:
  • Relocation incentive will not be paid.
  • A recruitment incentive may be paid to newly appointed (non-Federal) applicants. A service agreement will be required.
  • This is a bargaining unit position.
  • This position is Non-Exempt from the Fair Labor Standards Act (FLSA).
  • HUD offers alternative and flexible work schedules.
CONDITIONS OF EMPLOYMENT (CONTINUED):
HUD employees are subject to a number of government-wide and HUD specific ethics laws and regulations, including restrictions on working in a real estate related business, and having Section 8 tenants, along with other prohibited interests and activities. To review applicable ethics rules and HUD specific restrictions, please visit https://portal.hud.gov/hudportal/HUD?src=/program_offices/general_counsel/ethics .

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