Director of Housing Finance

Description

 Join Mutual Housing California’s Mission to Build Equitable Communities!

Are you passionate about affordable housing and empowering communities? Do you believe in creating vibrant, inclusive neighborhoods where everyone can thrive? Mutual Housing California is seeking dedicated professionals to join our innovative team and advance our mission of developing, managing, and supporting sustainable affordable housing where residents are partners in creating equitable communities.

Our team is our strength!

When you join Mutual Housing California you will be surrounded by affordable housing professionals who are an experienced force for revitalizing low-income communities by strengthening neighborhood assets and developing community leadership.    

About Mutual Housing

At Mutual Housing California, we are driven by a powerful mission: to develop and manage sustainable affordable housing that strengthens neighborhood assets and empowers resident leaders. Founded with the vision of revitalizing low-income communities, we are a locally controlled nonprofit committed to addressing historic inequities by creating high-quality, affordable housing in safe, healthy neighborhoods. Our residents are at the heart of everything we do, partnering with us to build thriving, equitable communities.

We look forward to meeting you!

If you’re inspired to join a mission-driven team dedicated to affordable housing and community empowerment, we want to hear from you!  

Together, let’s create sustainable, affordable housing where residents and communities thrive!

Our compensation and benefits show how much we value our team.

• Medical, Dental, Vision, & Employee Assistant Program: Kaiser plan fully covered for Employee and dependents
• Optional Life, Long Term Disability, Critical Illness, Identity Theft Protection and Accident Insurance
• Generous paid time off, including 16 paid holidays which includes the week between Christmas and New Years
• 2 Floating Holidays (16 hours)
• 401K Plan with company match up to 6%

Position: Director of Housing Finance  
Location: Sacramento (Hybrid)
Schedule: Full Time, Exempt, Monday – Friday 8:00 AM – 5:00 PM
Compensation: $130,000 - $170,000

Job Summary:
Reporting to the VP of Real Estate, the Director of Housing Finance provides leadership on the Housing Development (HDV) project financing and pipeline. The Director of Housing Finance is responsible for coordinating, monitoring and ensuring financial feasibility and compliance as they bring housing development projects through the financing, construction, and post construction phases of development, as well as supporting Mutual Housing’s growth by leading and/or assisting in designing and implementing systems for effective communications and information sharing both within the department, other Mutual Housing departments, and outside parties. The position will work with HDV Directors in sourcing, originating, coordinating, and implementing all aspects of the development process. Projects may include new construction, acquisition and rehabilitation, portfolio syndication, inclusionary, and joint ventures with other developers.

Requirements

 Responsibilities:

STRATEGY & NEW BUSINESS DEVELOPMENT

• Supporting VP of Real Estate in developing strategic goals and implementation strategies for Housing Development activities.
• Supporting organizational growth by assisting in designing and implementing communication and information-sharing systems within Housing Development and between Housing Development and other departments (Property Management, Community Development, Asset Management, Accounting, Communications), the board of directors, and outside partners.
• Providing analysis and recommendations to the Director of Acquisitions and VP of Real Estate on potential sites, purchase agreements, development plans, financing plans, and potential partners and partnerships.
• Sourcing, identifying, and evaluating potential new project sites and properties.
• Negotiating acquisition agreements, as applicable, with Director of Acquisitions.
• Conducting preliminary feasibility analyses and organizing critical community support.
• Researching and securing sources of predevelopment, construction, and permanent financing from public and private sources.
• Propose recommendations for lenders, investors and public programs

DEPARTMENT LEADERSHIP AND MANAGEMENT

• Coordinating with Housing Development Project Managers, Senior Project Managers, Assistant Project
• Managers and