Impact and Investment Manager
Company: National Housing Trust
Location: Washington, DC
Job Function: Lending/Loan Operations
Background
ORGANIZATIONAL BACKGROUND
National Housing Trust (NHT) has been dedicated to creating and preserving affordable housing for almost 40 years. Our mission is to create and preserve affordable homes to provide opportunity, advance racial equity, reduce economic disparities, and strengthen community resilience through our integrated policy-plus-practice approach. We build, preserve, and finance affordable housing and use that expertise to inform and advance resident-focused solutions to strengthen the broader affordable housing industry.
NHT has a staff of 50+ across five program areas: Policy, Lending, Real Estate Development, Community Outreach and Impact, and Energy Solutions. Our hallmark is our cross-functional, integrated approach to innovating, demonstrating, and amplifying solutions to the affordable housing crisis in the U.S.
About NHT Lending
NHT’s lending practice is made up of two Community Development Financial Institutions (CDFI): the National Housing Trust Community Development Fund (NHTCDF) and the Institute for Community Economics (ICE). NHT Lending is committed to providing access to flexible financing for the preservation and creation of affordable housing around the country. Through our unique lending practice, capital is accessible to a broad range of borrowers including non-profit and for-profit owners and developers, Community Land Trusts, and limited-equity housing cooperatives. We offer a full array of loan products in the Washington metropolitan region and specific products in other markets nationwide.
We focus on expanding access to capital to underserved markets, including emerging and/or BIPOC developers and owners. We understand the role that housing plays in stabilizing individuals and families, most of who are Black, Indigenous, or People of Color, and the role of systemic racism in our current housing crisis.
Summary
NHT seeks a mission-oriented Impact and Investment Manager to join our lending team and contribute to addressing the nation’s affordable housing crisis through investor relations and capital-raising efforts. Reporting to the Senior Director of Lending and Investments, the Impact and Investment Manager will play a pivotal role in supporting NHT’s fundraising strategy, managing funder relationships, and overseeing impact data collection and reporting.
This position is DC-based and qualifies for a hybrid work schedule, working a minimum of two days per week (Tuesdays and Thursdays) at NHT’s corporate office.
Responsibilities
RESPONSIBILITIES
The Impact and Investment Manager will support the Managing Director and Senior Director in developing and implementing strategies raising capital for lending and investment activities of NHTCDF and ICE.
Core responsibilities include:
- Support the development and execution of fundraising strategies to ensure short- and long-term growth in investment and grant revenue for NHTCDF and ICE.
- Manage relationships with existing funders and investors including banks, foundations, CDFI Fund, and individual investors.
- Manage impact data collection and reporting to various stakeholders.
- Gather necessary data and materials across NHTCDF and ICE to support capital raising.
- Manage the reporting, compliance process, and deliverables for all investors and CDFI Fund grant awards.
- Enhance visibility and represent NHT’s mission and impact to potential funders.
Requirements
DOES THIS SOUND LIKE YOU?
This is a fantastic opportunity for an affordable housing finance champion with at least 5 years of experience in compliance, philanthropy, or investor relations, and at least 3 years of experience working with funding applications such as CDFI Fund applications. Candidates will ideally have prior experience working at a CDFI.
Other qualifications include:
- Commitment to NHT’s mission, including a deep dedication to assisting low-income and BIPOC communities.
- Excellent interpersonal and organizational, communications skills, including verbal and written.
- Impeccable attention to deadline and strong project management skills, including coordinating timely inputs from cross-functional teams.
- Excellent proficiency in Excel.
- Advanced knowledge of CDFI Fund applications and compliance.
- Familiarity with Salesforce.
- Ability to integrate thoroughness and attention to details with a big picture, strategic vision.
- Collaborative work ethic and positive attitude.
- Bachelor’s degree in a relevant field (e.g. business, finance, real estate, urban planning) required.
Compensation and Benefits
Salary and benefits are competitive and commensurate with experience. The salary range for this position is $82,400 to $109,850. For further details on the benefits available, please refer to, NHT’s Summary of Benefits for 2024.
How to Apply
JOIN US
Apply for This Job. No phone calls, please.
NHT is committed to providing equal employment opportunity in all our employment programs and decisions, including, but not limited to recruitment and hiring. Equal employment opportunity is provided to all employees and applicants for employment without regard to race, color, religion, creed, sex, national origin or ancestry, age, marital status, personal appearance, sexual orientation, gender identity or expression, family responsibilities, political affiliation, disability, matriculation, genetic information, covered veteran’s status or any other protected characteristic under federal, state, or local law. BIPOC applicants, women, and persons with disabilities are especially encouraged to apply.