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Description
SUMMARY
Reviews applications for funding of projects and developments for all of the federal and state funding programs administered by the Agency, including both a review of the financial viability of the proposed projects and developments, as well whether they meet all the federal and state rules and requirements for the appropriate programs.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
Program Knowledge:
Responsible for obtaining and maintaining a thorough knowledge of the various programs administered by the Housing Development, by attending various training courses, seminars, certification classes and other training opportunities, as well as self-directed learning from available information and resources.
Program Duties:
Evaluate applications for all programs. Includes underwriting and review of market analysis, and verifying applications meet program requirements.
Process all paperwork for projects and developments that receive an award of funding, until transferred to Compliance. Duties include processing carryovers and finals, preparing written agreements, reviewing Bond documents, and all other required paperwork and documentation. Follow up with Owners/Awardees on issues that arise.
Provide input to HD Allocation Supervisor in developing rules and program guidance for all programs in order to meet all federal and state regulatory requirements.
Provide technical assistance to interested parties on different program requirements and possibilities. Includes, email correspondence, phone calls, and meetings.
Program Training:
Assist management in providing training and guidance to participants on technical issues, regulations, rules, and procedures.
Program Responsibilities:
Maintain appropriate databases for Housing Development programs on a timely basis.
Research legal, technical or policy issues to assist in updating various program Rules, internal guidelines, and policy issues to comply with all federal or State regulations.
Review professionally developed statistical housing data and market analysis information to interpret and summarize for the effect it may have on programs and funding.
Review status reports of funded projects and developments for adherence to contractual requirements.
Assist in the preparation of materials for Agency board meetings and participates when required.
Assist in reviewing and preparing various program reports from all relevant sources.
Responsible for doing whatever needs to be done to enhance the overall operation of the Agency on a day-to-day basis.
Responsible for delivering exceptional customer service to all external and internal customers by being polite and helpful at all times.
Requirements
EDUCATION and/or EXPERIENCE
Bachelor's degree from four-year college or university in Business, Finance, Management, or Accounting; or eight years’ experience in underwriting single-family or multifamily housing and ensuring compliance with federal and state rules and regulations may be considered in lieu of a degree.
CERTIFICATES, LICENSES, REGISTRATIONS
Required to obtain the Housing Development Finance Professional Certification within 18 months of hire, if not already certified.
Valid driver's license
Must be eligible bonding
OTHER KNOWLEDGE, SKILLS AND ABILITIES
Knowledge of and experience in HOME Investment Partnerships Program, the National Housing Trust Fund Program, and/or the Affordable Housing Tax Credit program, as well as the local, state, and federal laws governing these programs preferred. Ability to understand, act on, and interpret policies, regulations and procedures as set forth by OHFA, HUD, IRS, or other entities governing these programs. Ability to establish and maintain effective working relationships with co-workers, vendors, consultants, contractors, HUD, and local, State, and federal officials. Knowledge of and experience in operating a computer including MS office products such as but not limited to Excel, Word, Outlook, etc.
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