9774 - Senior Community Development Specialist I

Asset Manager

Recruitment #TEX-9774-112509

Introduction


*ANNOUNCEMENT UPDATED 7/28/2021 TO REFLECT NEW CONDITION OF EMPLOYMENT*

CONDITION OF EMPLOYMENT:  All City and County of San Francisco employees are required to be vaccinated against COVID-19 as a condition of employment.  For details on how it is applicable to your employment, please click here.


9774 - Senior Community Development Specialist I 

Asset Manager 

Mayor's Office of Housing and Community Development 

Mayor’s Office of Housing and Community Development (MOHCD)

MOHCD’s mission is to support San Franciscans with affordable housing opportunities and essential services to build strong communities. We are industry leaders in financing the development, rehabilitation and preservation of affordable housing.  Through our financing, we strengthen the social, physical and economic infrastructure of San Francisco’s low-income neighborhoods and communities in need. We actively collaborate with community-based organizations, non-profits, affordable housing developers, and other City agencies and staff, in our pursuit of a more equitable and affordable San Francisco.  In our hiring practices, we strive to build teams that reflect the diversity of our City and the populations we serve, and we urge qualified candidates of all races, ethnicity, sexual orientation, and gender identity to apply.

Position Description:

The Senior Community Development Specialist I (Asset Manager) performs difficult and complex housing program analysis and oversight. The Asset Manager serves on the Housing Division’s Asset Management Team, which focuses on preserving the City’s existing investments in affordable housing. The position reports to the Senior Asset Manager. 

The Asset Manager performs a number of complex multifamily housing duties, including but not limited to:

· Preserving the City’s existing investments in affordable housing through transactional asset management such as refinancing, recapitalization, repositioning, and workouts. 

·        Monitoring projects for compliance with a wide range of occupancy, financial and capital needs requirements; enforcing contracts and overseeing completion of remedial actions.

· Identifying, interpreting and applying laws, policies, and regulations as necessary for compliance monitoring, transactional work, and policy and procedures development.

· Leading project workouts and capacity-building activities for lower-performing grantees/borrowers/owners.

· Reviewing and making recommendations regarding the programs, operating budgets, and proposed activities of entities receiving funds.

· Inspecting buildings and recommending physical improvements based on site visits and capital needs assessments.

· Leading negotiations with prospective and existing grantees/borrowers/sponsors regarding compliance, funding, workouts, capital needs, and tenant complaints; actively building mutually-beneficial relationships with project sponsors/owners/borrowers.

·        Leading the drafting and processing of documents for loan, note and ground lease amendments, subordinations, LP exits, security agreements, deeds of trust, declarations of restrictions, etc; collaborate with deputy city attorneys to prepare, review and execute these contracts and other necessary documents.

·        Shepherding ground lease amendments and other applicable documents through the approval of the Board of Supervisor as needed.

·        Drafting complex memoranda requesting approvals from Directors and/or for Citywide Multifamily Housing Loan Committee.  

· Managing complex multi-project recapitalization deals through sponsor negotiations, financial analysis, and approvals with Loan Committee; overseeing closings and recordations in collaboration with the loan Administrators

·        Participating in policy, procedures, and systems development.

·        Providing technical assistance on program operations and systems, and support to project internal and external staff, senior management, and different key stakeholders.

·        Collecting data, working with confidential information and preparing a variety of reports, memoranda, and correspondence.

·        Invoicing, calculating accrued interest, collecting and processing loan payments, and managing draws for small rehabs.

·        Fielding and responding to inquiries from residents and community members.

·        Related duties as required.

Minimum Qualifications


1. Possession of a baccalaureate degree from an accredited college or university AND four (4) years administrative/professional experience in community development, housing and/or housing development, workforce development, finance, education, social work, children/youth work, or criminal justice; OR

2. Possession of a baccalaureate degree from an accredited college or university with a major in one of the following fields: public or business administration, urban planning, government, social work, education, finance or criminal justice AND three (3) years of administrative/professional experience in community development, housing and/or housing development, workforce development, finance, education, social work, children/youth work or criminal justice; OR

3. Possession of a Master's degree from an accredited college or university in public policy, planning, social work, public administration, finance, education, criminal justice, or business administration AND two (2) years of administrative/professional experience in community development, housing and/or housing development, workforce development, finance, education, social work, children/youth work, or criminal justice; OR

4. Possession of a Ph.D. or Juris Doctor degree from an accredited college or university AND two (2) years of administrative/professional experience in community development, housing and/or housing development, workforce development, finance, education, social work, children/youth work, or criminal justice.

SUBSTITUTION:

Verifiable administrative/professional experience involving community development, housing and/or housing development, workforce development, finance, education, social work, children/youth work, or criminal justice may substitute for the educational requirement in Minimum Qualification #1 on a year-for-year basis.

 


How To Apply

n order to be considered for this position you must complete the online application through Smart Recruiters by clicking onto the hyperlink https://smrtr.io/5SDfh

Conviction History

As a selected candidate for a job, you will be fingerprinted, and your fingerprints will be sent to the California Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI). The resulting report of your conviction history (if any) will be used to determine whether the nature of your conviction (or arrest, in limited circumstances) conflicts with the specific duties and responsibilities of the job for which you are a selected candidate. If a conflict exists, you will be asked to present any evidence of rehabilitation that may mitigate the conflict, except when federal or state regulations bar employment in specific circumstances, such as:

  • Candidates for positions with the Unified School District and the Community College District may be disqualified from consideration should their conviction history not meet the standards established under the California Education Code.
  • Candidates for positions with the Recreation and Park Department may be disqualified from consideration should their conviction history not meet the standards established under California Public Resources Code 5164.

Having a conviction history does not automatically preclude you from a job with the City.

If you are a selected candidate, the hiring department will contact you to schedule a fingerprinting appointment.

Disaster Service Workers

All City and County of San Francisco employees are designated Disaster Service Workers through state and local law (California Government Code Section 3100-3109). Employment with the City requires the affirmation of a loyalty oath to this effect. Employees are required to complete all Disaster Service Worker-related training as assigned, and to return to work as ordered in the event of an emergency.

Benefits

All employees hired on or after January 10, 2009 will be required (pursuant to San Francisco Charter Section A8.432) to contribute 2% of pre-tax compensation to fund retiree healthcare. In addition, most employees are required to make a member contribution towards retirement, ranging from 7.5%-13.25% of compensation. For more information on these provisions, please contact the personnel office of the hiring agency.

For more information about benefits, please click here.

 



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