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Under the administrative direction of the Director, Programs, to plan, organize, coordinate and direct the activities of the Agency's Multifamily Rental Housing Program in either the San Francisco or Los Angeles regional office; and to do other related work.
Directs the following activities with respect to California Housing Finance Agency (CHFA) financing of multifamily projects in either Northern or Southern California: (1) the mortgage loan underwriting function, including the evaluation and analysis of multifamily loan proposals to determine their economic feasibility; (2) the design function, including the review and evaluation of submitted project plans and specifications for livability and general marketability; (3) the construction and development function from loan closing through final inspection, including development control, field inspection and cost estimating activities; and (4) the management function, including the maintenance and fiscal management and tenant relations of rental housing projects financed by the CHFA; assumes responsibility for the administrative direction of the entire Los Angeles or San Francisco regional offices and is held fully accountable for all phases of that office's operation; coordinates and resolves the differences between the various functional activities to insure efficient, timely processing of multifamily rental loans; speaks for and represents the Agency in all matters relating to the Rental Housing Program and interprets policies, regulations and major operating procedures in meetings with developers, sponsors, contractors, local government officials, and citizen participation groups; negotiates with the Area Managers of Housing and Urban Development's (HUD) Los Angeles, San Francisco or Sacramento offices; serves as a principal advisor to the Director, Programs, with respect to the Rental Housing Program and with respect to other activities within his/her regional office; acts as a member of the executive staff in formulating major Agency housing finance policy; selects, trains, supervises, and evaluates the performance of subordinates and takes appropriate action.
One year of experience in the mortgage operations of the California Housing Finance Agency at a level of responsibility equivalent to that of a Housing Finance Chief.
Experience: Broad and extensive (at least five years) administrative or managerial experience which shall have included either work in the public housing sector involving responsibility for developing and administering a major housing program, or work in the private housing industry such as a developer involved in developing government assisted housing projects. At least two years of this experience must have involved multiunit housing projects. The candidate must have had at least one year nongovernmental housing experience. (A Master's Degree in Planning, Economics, Business, Government, Finance or a related field may be substituted for one year of the required experience.) and
Education: Equivalent to graduation from college, preferably in planning, economics, business, government, finance or a related field. (Additional qualifying managerial experience may be substituted for the required education on the basis of one year of experience equals two years of college.)
Knowledge of: Policies and operations of the California Housing Finance Agency; practices and procedures followed in the mortgage loan market, including those followed by the Federal Housing Administration in making multifamily residential loans; Federal housing subsidy programs; methods, principles and terminology used in underwriting loans for multifamily projects; mortgage credit requirements; practices and procedures followed in the design, development, construction and management of multifamily rental housing projects; principles and practices of business administration, supervision, and personnel management, including affirmative action objectives and a manager's role in meeting those objectives.
Ability to: Locate and analyze statistical data affecting cost, value and marketability of residential, commercial and income properties, and draw sound conclusions; negotiate agreements with developers and/or sponsors; determine economic feasibility of proposals submitted by developers/sponsors; deal effectively with members of other governmental entities; plan, organize and direct the work of others; take effective action; prepare and complete clear and concise loan proposals; make presentations; communicate effectively both orally and in writing; effectively contribute to the department's affirmative action objectives.