Washington, District of Columbia, United States · On-site
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Washington, District of Columbia, United States · On-site
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Washington, District of Columbia, United States · Remote OK
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Washington, District of Columbia, United States · Hybrid
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Washington, District of Columbia, United States · On-site
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Washington, District of Columbia, United States · On-site
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District of Columbia, United States · Hybrid
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Washington, District of Columbia, United States · Remote OK
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Washington, District of Columbia, United States · On-site
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Washington, District of Columbia, United States · On-site
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Washington, District of Columbia, United States · Hybrid
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Washington, District of Columbia, United States · Hybrid
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Washington, District of Columbia, United States · Hybrid
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Washington, District of Columbia, United States · On-site
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Washington, District of Columbia, United States · On-site
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Washington, District of Columbia, United States · Remote OK
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District of Columbia, United States · On-site
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Washington, District of Columbia, United States · On-site
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Washington, District of Columbia, United States · On-site
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Washington, District of Columbia, United States • On-site
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The role involves conducting analytical assessments and underwriting for affordable housing projects using tax-exempt bonds and Low-Income Housing Tax Credits. It requires managing relationships with developers and stakeholders while coordinating the loan closing process and monitoring construction draws.
Candidates must have a Bachelor's degree in Finance, Real Estate, or a related field and 3-5 years of experience in real estate and finance. Specific expertise in multifamily construction and permanent loan underwriting is required.
Description
The Multifamily Lending and Neighborhood Investments division finances multifamily housing through the issuance of tax-exempt bonds, taxable bonds, and 4% low-income housing tax credits. The division also manages predevelopment loans through its McKinney Act Program. The Multifamily Loan Underwriter contributes to the success of the financing program through robust analytical assessment of the sponsor, project and market feasibility of each transaction. This position requires an experienced, analytical, disciplined and creative candidate that can move at the speed of the transaction.
Requirements
Innovative Solutions for Affordable Housing
The District of Columbia Housing Finance Agency is a uniquely created and organized financial intermediary and administrator of affordable housing programs and homeownership resources in the District of Columbia. Through its Multifamily Lending and Neighborhood Investment and Capital Markets divisions, DCHFA issues tax-exempt mortgage revenue bonds to lower the developers’ costs of acquiring, constructing and rehabilitating rental housing. The Agency offers private for-profit and non-profit developers low-cost predevelopment, construction and permanent financing that supports the new construction, acquisition, and rehabilitation of affordable rental housing in the District. DCHFA’s Single Family Programs division creates homeownership opportunities in the District by providing low-cost single family mortgages and down payment assistance, made possible through the issuance of mortgage-backed securities. The Agency offers a variety of programs for current and potential homeowners with the goal of expanding and retaining homeownership opportunities in the District.
Offices: 815 Florida Ave NW, Washington, District of Columbia, US
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