Associate Director - Real Estate Finance (Housing Community Developer V)

$75,849.49 - $126,415.54 yr
Aug 28, 2017
Oct 02, 2017
Executive, Director
Full Time
Come to work at Fairfax County, for one of the premier Public Housing Authorities in the nation! Recently awarded the 2017 Outstanding Project Innovation Award by the National Council for Public-Private Partnerships for collaboration between public and private sector organizations in developing the Residences at the Government Center. (To read more, click here (Download PDF reader).) 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.
Illustrative Duties
  • 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;
  • 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;
  • Plays key role in carrying out specific strategic work of the agency;
  • Manages staff as part of a critical group or program;
  • Reviews and coordinates applications for certain federal, state, and grant awards.
Required Knowledge Skills and Abilities
  • 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 STANDARDS:
Any combination of education and experience 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.

Appointee will be required to complete a criminal background investigation, a credit check, and a driving record check to the satisfaction of the employer.

Extensive experience with the following is preferred:
  • 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.
Preferred applicants:
  • 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.
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; ability to drive a vehicle. Incumbent must be able to operate keyboard driven equipment and computer, and have the ability to lift up to 15 pounds with or without reasonable accommodations. Duties can be performed with or without reasonable accommodations.

Panel interview.

It is the policy of Fairfax County Government to prohibit discrimination on the basis of race, sex, color, national origin, religion, age, veteran status, political affiliation, genetics, or disability 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 711. EEO/AA/TTY.

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