Maryland Department of Housing and Community Development

Community Development Administration

Homeowner Assistance Fund Operations Manager/CDA Lending and Risk Analyst Senior IV

Recruitment # 21-003732-0001

Deadline: 7/13/2021

Hourly Range: $35.96 - $52.50/hour

Location: Lanham, Maryland

This is Contractual position with limited State of Maryland Benefits.

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. Also DHCD, through its flagship program, the Maryland Mortgage Program (MMP) assists thousands of Marylanders annually to achieve the homeownership dream.  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 incumbent is responsible for the day to day management of the entire Operations of the Homeowner Assistance Fund (HAF) as part of the Single Family Housing programs. The HAF Operations Manager has direct management responsibility for the HAF processing, personnel and budgetary functions.  The position is also responsible for supervising the daily reporting activities of the various HAF mortgage financial assistance programs. Serves as a system administrator for related databases and reporting systems.  

The duties include:  (1) management of the HAF program; (2) supervising and providing training opportunities; (3) ensuring that loans assigned are processed in accordance with the Treasury guidelines for HAF and state laws, regulations, guidelines,  and policies, including observing the deadlines; (4) supervising the underwriting of HAF loans and/or grants as applicable; (5) managing the loan pipeline and coordination (including loan/grant post-closing) with the mortgage loan Servicers, as applicable, in relation to each of the borrowers benefitting from HAF; and (6) participating as a member of the SFH management group. 

This is a highly complex and technical position.  It requires understanding of mortgage loan underwriting, computerized financial management systems, loan servicing and real estate finance. Successful candidates will have four years of professional financial/risk analysis experience and a Bachelor’s degree in Finance, Business Administration, Economics, Accounting, Construction Management, Architecture, or a related field from an accredited college or university.

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.

https://www.jobapscloud.com/MD/sup/bulpreview.asp?R1=21&R2=003732&R3=0001    EOE