Glen Allen, VA
Salary Estimate: $100,000.00 - $124,999.00
Employment Type: Full Time
Work Place: Hybrid
Experience Required: 5+ to 7 years
Education Required: 4 Year College
Benefits
Job Description
Join Virginia Housing and help make a difference as a Development Officer.
This important role has responsibility for multi-family loan underwriting and production. The Development Officer is a project leader that works closely with internal Virginia Housing Associates as well as external stakeholders such as mortgage brokers and multi-family housing developers to evaluate loan requests and make recommendations for real estate development financing. Responsibilities include underwriting, closing and administering both construction and permanent loans funded by tax-exempt and taxable bonds.
Virginia Housing is one of the nation’s premier housing finance agencies. Our mission is to help Virginians attain quality, affordable housing, which we accomplish through our public-private partnerships.
We are focused on employee engagement and committed to a healthy and diverse workforce. Educational opportunities to support and advance your career are available through classroom and online programs.
To be successful in this role you must possess:
- Several years of multi-family real estate lending experience.
- Understanding of real estate development and construction
- Strong organizational skills, communication skills and relationship management experience
- Strong interest in affordable housing and mission-driven lending
- Bachelor’s Degree (or equivalent work experience) in Real Estate, Business, Finance, Economics, or Urban Planning
- Valid Driver’s License
The ideal candidate would also have experience in:
Affordable housing, multi-family mortgage underwriting, rental housing development, real estate finance, low-income housing tax credits (LIHTC).
This position will close at midnight on 11/24/2024
Hiring Range: $92,886 - $148,616
A background and MVR check will be performed as a condition of employment.
Internal applicants
Please review relevant HR policy under 'Employment Practices' on the Zone before applying.
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