Senior Community Investment Officer

About the position CSH is seeking a results-oriented individual committed to sharing their talent to support a mission-driven organization that leads efforts to expand housing and service solutions for highly impacted populations. The Senior Community Investment Officer (SCIO) will originate loans for multi-family housing developments that include supportive housing throughout New York State. This position will also provide technical assistance to our government and other partners to shape funding policies and housing production efforts to create stronger governmental systems that expedite the creation of supportive housing. Applicants must live in or relocate to New York City. This position will be hybrid based out of CSH’s New York City headquarters and some travel across the region will be required.

Responsibilities

• Develop and lead our lending strategy across New York City and New York State.
• Market CSH’s loan products and expertise, while cultivating a robust lending pipeline.
• Manage relationships with borrowers across New York State from intake through loan repayment.
• Partner with our local Program Team to identify lending opportunities resulting from programmatic activities, while also contributing to the Team’s efforts to expand and streamline supportive housing funding programs.
• Provide feedback on policies and financing systems where systems change can provide more streamlined and quality supportive housing pipelines.
• With the support of the Director of Loan Originations and Chief Lending Officer, support the creation of new sources of funding for supportive housing pipelines.
• Cultivate and maintain strong relationships with industry partners, including government agencies, banks, foundations, CDFI partners, and supportive housing developers and service providers.
• Establish and nurture relationships with borrowers, including gathering feedback on new strategies and barriers to create affordable and supportive housing.
• Originate new loans, analyzing the feasibility of multi-family affordable housing developments, and the capacity of development teams to successfully execute the project and repay the CSH loan.
• Propose loan structures and terms that meet borrower needs, comply with our credit policies, and advance our strategic priorities.
• Underwrite loans based on thorough review and analysis, comprehensive due diligence and sound risk assessment, and present loans for approval to our internal and board credit committees.
• Support loan closing staff and loan servicing staff with loan closings and loan monitoring.
• Provide technical assistance to nonprofit, for-profit, and public organizations around the financing, creation, and operation of supportive housing, including trainings and represent the organization at conferences and events.

Requirements

• A minimum of 7 years’ experience in affordable or supportive housing lending or development.
• Any combination of Bachelor’s degree or equivalent education, training and experience that demonstrates the ability to perform the duties of the position.
• Particularly deep expertise in affordable or supportive housing development or finance.
• A solid grasp of the Low-Income Housing Tax Credit program, Section 8 and other federal, state and local affordable and supportive housing finance programs.
• Familiarity of zoning processes and other land acquisition challenges for affordable and supportive housing developers.
• An interest in issues related to supportive housing, including homelessness, affordable housing development, public finance, public housing, community development/planning, or support service programs that address mental illness or substance use issues.
• Demonstrated success in project management, including creating work plans and building teams to advance housing development and finance-related activities that advance CSH’s goals.
• Strong analytical, interpersonal, presentation, and communication skills with an ability to present to stakeholders.
• CSH uses a Microsoft Office environment. Proficiency is required or a commitment to self-learn and achieve proficiency upon hire.
• Candidates seeking to work remotely, or hybrid must provide their own access to a secure high-speed internet signal (preferably hard wired) at a capacity sufficient to support video, web, and email processing simultaneously based on their personal work environment. This is typically 100Mb and above.
• Travel required.

Benefits

• CSH offers generous benefits, opportunities for professional growth, and competitive salaries based on geographic location.

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