Multifamily Project Manager - 9774 - Senior Community Development Specialist I

Company Description

Mayor's Office of Housing and Community Development

MOHCD’s mission is to address social, economic, and racial inequities through the creation of affordable housing opportunities and the funding of essential services that are foundational for 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 neighborhoods and communities. 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.   

MOHCD’s Housing Division 

MOHCD’s programs are organized into three divisions: Housing, Community Development, and Homeownership/Below Market Rate programs. The Housing division focuses on creating housing policies and funding programs that create safe, stable, and affordable housing.  We are recognized nationally for our ground-breaking work including transforming public housing through the HOPE SF and RAD initiatives, stabilizing communities through the anti-displacement efforts of our Small Sites Program and increasing the number of affordable housing opportunities across the widest range of household incomes by advancing new housing production and inclusionary housing policies.  Our diverse staff and leadership work together to: 

• Monitor the long-term affordability and physical viability of the City’s publicly assisted affordable housing portfolio of over 28,000 units, providing funding for needed repairs and upgrades to ensure sustainable operations and habitability for residents. 

• Guide and coordinate citywide housing policies under direction of the Mayor and through collaboration with the Board of Supervisors. 

• Incubate new programs, initiatives, and financing tools that further our production and preservation activities. 

• Conduct program evaluation and research to document housing needs and trends and communicate accomplishments to elected officials, collaborating partners, and the public at large. 

Job Description

The Senior Community Development Specialist I / Multifamily Project Manager performs multifamily housing finance work, which may include: 

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

• 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. 

• 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. 

• collecting data, working with confidential information and preparing a variety of reports, memoranda, and correspondence. 

• invoicing, calculating accrued interest, collecting and processing loan payments. 

• affordable housing loan underwriting; 

• project planning, development and implementation, often with other City agencies; 

• project review to ensure compliance with applicable Federal, State and local laws, regulations and procedures;  

• providing technical assistance to development partners, project staff, and other agencies;  

• reviewing and making recommendations regarding the financing plans and programs, development budgets, construction budgets, operating budgets, timelines, entitlements, service plans, and proposed activities of entities receiving funding;  

• reviewing and approving funding requests to entities receiving funds;  

• collecting and evaluating performance data from development partners; 

• meeting with agencies, architects, and contractors to outline funding program requirements and procedures;  

• monitoring progress of construction, including site visits, and processing payments; 

• preparing a wide variety of reports, memoranda, and correspondence related to housing and community de