Finance Fund and Finance Fund Capital Corporation were created to connect underserved communities with public and private sources of capital. We simplify the complexities of the funding process to help good ideas come to life ideas that change systems, create jobs, address community needs and improve the quality of life in Ohio’s neighborhoods and communities. It takes committed leaders, clients, partners and staff to enable the kind of change that we support to work to develop healthy, sustainable economies in low-and moderate-income, at-risk rural and urban communities. This work is guided and driven by our Mission, Vision, and Values.
Originate and structure loans and grants to small business and nonprofit organizations. Foster and maintain key strategic relationships. Attend and make presentations at outreach and networking events. Contribute to loan production goals by identifying lending opportunities and originating new loans.
Review applications, analyzing financial, project and management capacity. Appropriately structure loans based on applicant ability, available loan programs/capital, and in compliance with internal credit and program requirements under the supervision of the manager. Communicate with applicants, regarding status of loan application. Negotiate loan proposals with borrowers and partners (business term sheets and commitment letters) under the supervision of the manager. Contribute to pipeline reports to monitor loan applications. Support marketing and outreach efforts. Underwrite financing requests in a timely manner and within lending guidelines, and work with borrowers through all stages of the financing process. Underwriting responsibilities may include: Spreading applicants’ financials; provide historical analysis of financial strengths and weakness in order to assess capacity for new debt; analyze borrower budget and projections to assess and stress test debt service capacity. Compare applicants’ liquidity, profitability, and credit histories with similar organizations within industry environment to determine risk relative to sector. Provide an assessment of the collateral and contribution to risk mitigation. Prepare credit memos for review and approval, including all relevant underwriting information and recommendations.
Possess a Bachelor’s degree in business or related field with at least 2 years pertinent experience in banking, finance, and/or community development. Strong interest in supporting disadvantaged communities and low-income people and passionate about economic justice. Interest in learning the craft of community development lending. Knowledge of and/or experience in some of the following: small business lending, alternative business lending, small business management, economic development, technical assistance, and real estate development. Ability to navigate complex interactive situations both on the phone and in person. Detail oriented with strong analytical, writing and communication skills. Proficiency with Microsoft Office and Adobe Acrobat. Some travel required, mostly in the state of Ohio.
How to Apply:
To apply for this position, please send a cover letter and resume to Suzette Berry, MBA, the Vice President, Human Resources at Finance Fund and Finance Fund Capital Corporation at SBerry@FinanceFund.org
Since 2004, Aeris has guided capital to good. We provide performance data, analysis, and ratings of both financial risk and impact management capacity. Aeris helps investors to screen, underwrite, and monitor investments that meet their risk parameters and social/environmental impact goals. Learn more at www.aerisinsight.com.
Aeris seeks numbers-loving Financial Institutions Specialists who will contribute to our leading-edge analysis and data collection initiatives. Successful candidates will bring a keen attention to detail, as well as a high aptitude for the analysis of financial statements. We are seeking candidates who may have less experience but are looking to grow along with our organization, as well as mature professionals interested in a second career, and who are comfortable in a fast-paced, startup-like environment.
Duties will involve interacting with Aeris-rated institutions and Aeris analysts in critical phases of the production of Aeris Rating Reports, most significantly in the preparation of data and tables for further analysis by our expert analysts. Financial Institutions Specialists will also play a key role in the operation of the Aeris’ custom-built web application enabling industry-first, real-time analytics of CDFI performance data and supporting the industry adoption and use of Standardized Impact Metrics.
Financial Institutions Specialists will be responsible for reviewing and proofing financial statements, working with reporting institutions to address any errors and omissions, spread financial statements from institutions’ internally-generated format to the Aeris industry-standard format, and prepare rating report templates.
Responsibilities include, but are not limited to:
1. Play an essential role in the Aeris Rating process
a. Reviewing and verifying accuracy of collected data, calculated ratios and related tables and graphs
b. Prepare detailed financial and narrative report templates for Aeris Analysts.
c. Request and track document submission for all Aeris Rating Reports. Following up as necessary with CDFIs to ensure that all materials are submitted in timely fashion.
2. Prepare CDFI financial statements for the Aeris Cloud
a. Work with Aeris Operations team to understand CDFI financial presentation.
b. Prepare CDFI financial statements and performance metrics for Aeris analyses or quarterly reporting.
c. Working with CDFIs, proof and finalize quarterly financial statements and reported performance data.
d. Communicate with CDFIs and Analysts regarding clarification of materials submitted and requests for additional data.
3. Aeris Cloud maintenance
a. Orient CDFIs to uploading data and supporting documentation to the Aeris Cloud.
b. Lead Webinar demonstrations of the Aeris Cloud for CDFIs, as requested.
c. Load data and documents into appropriate “libraries” on the Aeris Cloud.
d. Work with CDFIs to set up their Aeris “library” and financial template on the Aeris Cloud.
e. Follow up with CDFIs as necessary to ensure timely upload of quarterly financial statements and performance data.
4. Aeris Rating Committee
a. Schedule meetings and conference calls by coordinating and confirming attendance, arranging for the meeting dates/equipment/advance materials, etc.
b. Schedule ratings committee, coordinating analyst selection with the Director of Ratings.
c. Support ratings committees.
5. Aeris document preparation
a. Proof and note corrections on draft Aeris reports during the layout process.
b. Prepare ratings certificates, ensuring that ratings are correctly represented before they are released to CDFIs.
Aeris is seeking candidates with Bachelor’s Degree in a business major, preferably with some professional experience in financial services or accounting; or other candidates with the requisite skills. Prior experience reading and understanding the financial statements of financial institutions with lending activities is preferred.
Key success measures include quality, quantity, accuracy, timeliness, and team work. These require:
* Strong financial and analytical experience
* Familiarity with nonprofit financial statements (preferred)
* Strong financial, market, and qualitative analysis skills
* Strong written and verbal communications skills
* Ability to focus on detailed work for accuracy
* Advanced Microsoft Excel and Word skills, knowledge of Sharepoint
* Normal physical requirements for an office position (EOE/ADA Compliant)
Aeris offers a competitive compensation and benefits package
How to Apply:
To apply please email cover letter and resume to:
Search: Financial Institutions Specialist
Aeris Insight Inc.
We believe worker ownership is an integral part of creating a fundamentally fairer economy where every person has economic security and access to valued, dignified work. The ICA Group is the country’s leading expert on worker ownership and the oldest national organization dedicated to the development of worker cooperatives. We are a mission driven non-profit organized as a worker cooperative that brings to the worker ownership sector a level of analysis and rigor offered by the most competitive national business advisory firms. We combine this with a deep understanding of worker ownership and other worker-centered structures and a commitment to serving low-wage workers and communities of color.
The ICA Group seeks an outreach coordinator to join its growing team working to expand economic democracy through the creation and growth of worker owned companies and other social enterprises.
The outreach coordinator will work closely with the ICA leadership team to develop strategic partnerships and client pipelines across ICA’s national program footprint. The ideal candidate is brings experience working with diverse stakeholders, particularly micro-to-midsize business owners, community leaders, business and economic development organizations, unions, and funders.
This full-time position can be located in ICA’s offices in Northampton, MA, Boston, MA or New York, NY or staffed remotely in Philadelphia, PA, Jackson, MS, Detroit, MI, Chicago, IL, or San Francisco, CA.
Client Outreach (50%):
Build relationships with businesses and identify opportunities to establish cooperative ownership models.
Engage with local groups and organizations that promote and engage with businesses and economic development initiatives in ICA’s program service areas.
Bring a strategic and collaborative approach to engaging economic developers, policy makers, business associations, government agencies, and educational institutions.
Present to economic development officials, small business support centers, and other stakeholder groups as well as attend partners’ events and conferences as relevant.
With support from communications and program staff, develop and disseminate direct outreach campaigns targeted to business owners within specific industries (mailers, email blasts, social media campaigns, etc.)
Help develop place-based communications and refine consulting tools and resources to meet local/regional needs and interests.
Respond to inquiries and requests for information from partners, media, and other stakeholders
Business Support (10%)
Participate in the development, promotion, coordination, and delivery of business training programs, conferences, and workshops.
Provide business owners with technical assistance, support, and/or referrals as appropriate
The ICA Group is seeking self-directed, engaged, and accomplished candidates who have at least 4 years of relevant experience. Successful candidates will be comfortable taking initiative, scoping projects, managing priorities and time, and holding themselves accountable to realistic goals.
4+ yrs. experience working with any small business in a relevant capacity
Experience providing technical assistance to businesses (preferred)
Prior work with minority owned businesses, business owners, and workers of color is required.
Experience with on the ground organizing and relationship building among communities of color is required. Must be able to communicate with a broad range of people and institutions confidently and effectively, with a critical analysis of power, privilege, race, class and gender.
Excellent written and verbal communication skills are required, including presentation and training skills, and familiarity with participatory and popular education. Strong phone skills and ability to build relationships remotely are key to success in this position.
Strong diplomatic skills and judgment are required in this position. You need to be able to both see possibility and ask hard questions with respect and discretion.
Must be able and willing to travel within the U.S. 1-2 times/month, often multi-city or for extended periods.
This is highly satisfying work in a diverse and stimulating environment. The ICA Group is an Equal Opportunity Employer. Women and people of color are strongly encouraged to apply.
Salary range: $60,000-$70,000. ICA’s salary range considers experience and local cost of living.
Benefits package includes 4 weeks of vacation, 12 paid holidays, 8 days of sick leave, and health insurance
How to Apply:
Please email a resume and cover letter (as a single PDF attachment), as well as a short writing sample to firstname.lastname@example.org, addressed to David Hammer. Please submit your application using the subject line: “Application for Outreach Coordinator”: [Your First and Last Name]”
No phone calls, please. We will call candidates to schedule interviews. We will accept applications until we fill the position.
The ICA Group is an Equal Opportunity Employer that seeks to create an organization that is reflective of the people we serve. Women and people of color are strongly encouraged to apply. We will not discriminate and will take affirmative action measures to ensure against discrimination in employment, recruitment, advertisements for employment, compensation, termination, upgrading, promotions, and other conditions of employment against any employee or job applicant on the bases of race, color, gender, national origin, age, religion, creed, disability, veteran’s status, sexual orientation, gender identity or gender expression.
For thirty years, Southern Bancorp Community Partners has been working to provide entrepreneurs, homeowners, and individuals with the financial tools needed to achieve the American Dream – regardless of their zip code. From credit repair and financial education to lending and public policy advocacy, Southern Bancorp Community Partners has a long history of creating economic opportunity in communities that need it most. Find out more by visiting our website. https://southernpartners.org/
Responsible for leading Southern’s public policy and advocacy efforts in Arkansas and Mississippi, as well as at the federal level. This includes lobbying on Southern’s behalf, monitoring policy and advocacy activities, representing Southern in public forums related to policy matters, and developing communications that support advocacy efforts.
Public Policy Advocacy - 55%
• Advocates for and against issues related to Southern’s mission that arise through legislation and/or regulation, including direct lobbying at all levels of government.
• Represents Southern in public forums both in person and in writing to support advocacy efforts.
• Builds relationships with political and government leaders representing our markets to facilitate advocacy efforts.
Research and Communications – 40%
• Conducts and coordinates research to monitor policy and regulatory issues and activity at the local, state and federal level; Works with leadership to determine action as needed.
• Supports Southern’s policy-related communications by creating content in coordination with Southern’s research consultants and communications teams for a variety of channels including blogs, research papers, op-eds, and others as assigned.
Administrative/Other - 5%
• Supports fundraising efforts through reporting and other communications activities as needed to explain and communicate on advocacy efforts.
• Performs other related duties as required or assigned.
Qualifications and Requirements:
• Bachelor’s degree in communication, public policy, political science, economics, or related field
and minimum of five years of experience in community engagement/outreach, program advocacy, or marketing engagement or an equivalent combinations of education and experience will also be considered.
• Ability to work collaboratively with others and demonstrate flexibility and poise in dealing with a diverse range of individuals, community leaders, and organizations.
• Ability to engage in face-to-face dialogue in one-on-one and group settings; Communicate data findings to external audiences, including policymakers, the media, and the general public.
• Excellent communication skills, analytical and writing skills, including ability to write policy and issue briefs.
• Excellent computer skills, including proficiency with Microsoft Office products.
• Proficient skills with knowledge of statistics and research design principles; ability to conduct analyses of complex public policy issues
• Capacity to critically review statistical analyses that have been conducted by others
• Understanding of federal and state policies that impact low-income individuals.
• Working knowledge of federal and state fiscal issues, including state taxes and budgets.
Two years of experience with a law or Master’s degree in related field preferred
While performing the duties of this job, the employee is regularly required to sit, to talk, and to hear. Must occasionally stand and walk; reach with hands and arms; stoop, kneel, or crouch. Specific vision abilities required by this job include close and color vision. May be required to lift or move up to 10 pounds occasionally
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions
Must have a valid driver's license
Must be able to travel including some overnight stay
Compensation commensurate with job related education and experience.
How to Apply:
Please apply on-line:
The Low Income Investment Fund is a non-profit community development financial institution, with headquarters in San Francisco and satellite offices in Los Angeles, New York and Washington D.C. LIIF builds healthy communities by bridging the gap between private capital markets and low-income neighborhoods. LIIF is a steward for capital invested in affordable housing, childcare, education and other community initiatives.
The Underwriter/Senior Underwriter is responsible for conducting due diligence and underwriting for approval loans made to support the development of affordable housing, charter schools, and other community facilities. The Underwriter/Senior Underwriter works closely with Loan Officers to obtain credit approval of new loans and also to prescreen potential loans for term sheet offers. As part of the Lending team, the Underwriter/Senior Underwriter supports the achievement of regional and overall Lending work plan goals.
The Underwriter/Senior Underwriter reports to the Director, Northeast Region in the New York City office but will work closely with market Directors and Deputy Directors, Loan Officers, and the Chief Credit Officer to underwrite for approval transactions throughout the Eastern US to help meet LIIF’s lending goals. The Underwriter/Senior Underwriter will communicate with borrowers, third party lenders, attorneys and other external parties, as appropriate.
•Due Diligence: The Underwriter/Senior Underwriter manages the collection of the loan application materials from the borrower and commissions third-party due diligence reports (e.g., appraisal, plan and cost review, etc.) from vendors.
•Site Visits – The Underwriter/Senior Underwriter will conduct a site visit as part of underwriting each transaction and will attend prospect/customer calls as needed to support market Directors and Loan Officers.
•Underwriting: The Underwriter/Senior Underwriter will use the application package and third-party reports to underwrite the loan request. Underwriting will include analysis of: financial proforma projections, budgets, repayment sources, market and regulatory conditions, appraisal reviews, entitlement/land use assessments, environmental reports, plan and cost reviews, property conditions reports, requirements related to other capital sources and subsidies, borrower and guarantor financial statements, management and leadership of sponsor, any commercial tenant leases, and other analysis as appropriate to assess credit risk on a given transaction. The Underwriter/Senior Underwriter will compare the credit to LIIF’s standard product requirements to ensure conformance or identify exceptions. He or she may also support Loan Officers in assessing eligibility of the credit for special funding programs.
•Credit Approval: Underwriter/Senior Underwriter will prepare written loan approval requests for presentation to the market Director and to the Chief Credit Officer and/or Loan Committee for final approval. He or she will prepare exhibits (e.g., financial analysis) for the loan approval package and work closely with Loan Officer to present the credit approval requests.
•Customer Service: The Underwriter/Senior Underwriter will maintain a positive and professional relationship with LIIF’s customers and business partners (which include third party lenders, attorneys and other external parties such as appraisers) by both initiating and responding promptly to any and all requests in a responsive, consistent, and accurate manner.
•Pipeline Management: The Underwriter/Senior Underwriter will input prospective new transactions into the transaction database and assist the department with reporting and management of the regional pipelines.
The ideal candidate for this position will have these key qualifications:
•For Underwriter, at least two years of experience in real estate-based lending and/or business lending, including borrower contact, credit analysis, due diligence and loan documentation. For Senior Underwriter, at least five years of such experience;
•Proficiency in analyzing financial statements of individuals, for-profit businesses, and nonprofit organizations and their real estate operations (in particular, rental housing and community facilities occupied by a single tenant). Familiarity with basic accounting principles including the ability to translate cash to accrual accounting and vice versa and ability to spread and analyze such statements to assess financial condition;
•Familiarity with federal, state, and local government funding sources for capital and operating needs of multi-family housing, special needs housing, charter schools, and community facilities (e.g., child care centers, health clinics, etc.);
•Working experience with both private sector financial institutions and public agencies;
•Familiarity with the design, permitting, and construction process for developing real property.
•Basic familiarity with business law concepts including contracts, loan collateral, uniform commercial code, creditors' rights and forms of business organization and sufficient knowledge to review and negotiate loan documents;
•Proficiency with Microsoft Office Suite Programs, and other database software; and
•Excellent skills in managing multiple tasks requiring strong attention to detail.
EDUCATIONAL AND OTHER REQUIREMENTS:
Educational background should include a bachelor’s degree in a relevant area of study such as real estate, urban planning, business administration or finance, and at least an introduction to accounting; an advanced degree is preferred. In addition, the position requires a high degree of self-motivation, dedication, creativity, and perseverance; flexibility with time and willingness to accept a demanding (and personally satisfying) position. Excellent teamwork and strong time management skills are essential. Travel is required, and candidates must have a valid driver’s license.
How to Apply:
Low Income Investment Fund
Attn. Human Resources
50 California St., Suite 2900
San Francisco, CA 94111
Launched in February 2010, Mercy Investment Services is the socially responsible investing program for the Sisters of Mercy of the Americas and their sponsored ministries. Mercy Investment Services works for systemic change in the areas of non-violence, racism, environment, concern for women, and immigration through shareholder advocacy and community investments (www.mercyinvestmentservices.org). Mercy Partnership Fund, the concessionary global community investing program of Mercy Investment Services, provides investments to mission-driven organizations and funds, including those that are working to alleviate poverty and protect the environment.
The Loan Fund Administration and Impact Analyst is primarily responsible for supporting the Social Responsibility department by:
Assisting the Director of Mercy Partnership Fund with loan fund administration, research and financial and impact analysis of community investment opportunities and monitoring of loan portfolio performance and compliance.
Supporting impact measurement reporting processes for Mercy Partnership Fund’s community investments.
Supporting the governance processes for Mercy Partnership Fund.
Researching community investment topics of interest to Mercy Investment Services.
Impact Measurement and Reporting
Oversee annual investee impact survey process, including: conducting the online survey, corresponding with survey respondents to ensure high-quality survey responses, using Microsoft Excel to manage impact and financial data, assisting with analysis, including written summary and visual support materials, and maintaining annual impact survey database.
Assist with special projects in community investing and impact measurement. Provide research on additional requested topics and provide written reports and/or analyses.
Loan Fund Administration
Utilize loan monitoring software to regularly review loan portfolio performance and compliance and provide reports on lending activity.
Prepare loan documents and other closing documents. Maintain complete and up-to-date paper and digital (via Dropbox) loan files and records.
Provide research and financial and impact analysis related to existing and future community investment opportunities.
Communicate via phone and email with investees regarding loan payments, organizational updates, applications, etc.
Meetings and Communications
Provide support for Mercy Partnership Fund’s governance processes, including meeting agendas and minutes, preparation of reports and materials, and effective use of Directors Desk (board/committee management software).
Assist in writing articles for monthly, quarterly and annual publications. Create presentations, talking points and other communication materials for meetings and events.
Carry out responsibilities in accordance with Mercy Investment Services’ policies and applicable laws.
Perform other duties as required.
Bachelor’s degree in a related field;
Demonstrated related experience and/or training, including in financial analysis and research methods;
Demonstrated personal integrity and a commitment to ethical principles;
Ability to work collaboratively and/or independently on multiple projects, prioritize and take initiative to proactively identify and address issues;
Ability to synthesize complex information and communicate it in understandable terms to various audiences;
Strong organizational skills, attention to detail, highly organized, and ability to execute tasks in a timely manner;
Demonstrated sensitivity to and knowledge of cultural differences;
Excellent written, verbal, analytical and communication skills; and
Solid computer, software, and database skills with strong knowledge of Microsoft Office including Word, Excel and PowerPoint, and Adobe Acrobat.
Master’s degree in a related field;
Understanding and appreciation of the traditions and culture associated with the Sisters of Mercy; and
Familiarity with the Catholic Church structures and teaching.
To be discussed during interview process.
How to Apply:
Application Process: Mercy Investment Services is an Equal Opportunity Employer. Interested candidates should send a cover letter, résumé, and salary requirements to the attention of the Director of Mercy Partnership Fund at HR@mercyinvestments.org.
Santander Bank, N.A. is one of the country’s largest retail and commercial banks with more than $79 billion in assets. The bank got its start in Spain, but has been serving customers in the Northeast since 2013. With its corporate offices in Boston, the Bank’s 9,700 employees, more than 650 branches, 2,100 ATMs, and 2.1 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania, and Delaware. The Bank is a wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE: SAN)—one of the most respected banking groups in the world with more than 125 million customers in the U.S., Europe, and Latin America. It is managed by Santander Holdings USA, Inc., Banco Santander’s intermediate holding company in the U.S. For more information on Santander Bank, please visit www.santanderbank.com.
From how we talk and listen, to how we act, respect is in everything we do. And we’re recruiting people like you who want to strive to help people prosper every single day. At Santander, you’ll be rewarded with competitive compensation and market leading benefits. You’ll have access to comprehensive career development programs that empower you to grow and advance. You’ll discover a company where you can shape a bright future.
Agency submissions and contacts are by invitation only and must be initiated by Santander’s Recruiting Department only. Unsolicited agency submissions will not be honored.
AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO
Respect adds up.
The Community Development Finance (CD Finance) Relationship Manager will be responsible for originations and relationship management of Community Reinvestment Act (CRA) qualifying equity investments and loans in support of community development financial institutions (CDFIs), low income housing tax credit (LIHTC) projects, Small Business Investment Companies (SBIC) and New Markets Tax Credits (NMTC) for Santander Bank, N.A.’s CRA Program. The RM will conduct financial analysis and due diligence on potential loans and investments, prepare committee approval packages, and work with legal counsel to manage the closing process for the Bank’s growing community development portfolio, especially CDFI loans. This position provides support to the CD Finance Director and works in partnership with CD Finance Portfolio Management.
- Conduct due diligence analysis on potential community development loans and investments throughout the Bank’s footprint. Perform site visits to lending opportunities 20%
- Conduct financial modeling to evaluate the structure of community development loans and investments. Coordinate reviews with internal partners 15%
- Prepare committee materials for review and approval. Assist with the coordination of internal reviews and approvals with internal departments 25%
- Work with internal and external counsel to achieve timely closing of transactions 20%
- Coordinate new client onboarding with Operations, CD Finance Portfolio Management Team and third party vendors. Collect new client onboarding documents 10%
- Assist with outreach for new relationships with a focus on CDFIs. Maintain lead database and prepare pipeline reports on potential transactions 10%
- Bachelor’s Degree in business, finance, accounting, or economics
- Business Experience (prior years work/related experience) 5 years of commercial real estate finance or community development experience
- Minimum of 3 years hands-on project finance experience in real estate lending, credit and tax credit finance
- Knowledge of applicable regulations and tax law for community development products
- Knowledge of real estate investments including community development financing such as Low-Income Housing Tax Credits, New Markets Tax Credits and Historic Tax Credits
- Strong analytical and financial skills. Knowledge of credit policy and asset management processes
- Strong verbal and written communication skills as well as strategic planning and management ability
- Ability to work with third party accounting and legal consultants as well as sophisticated project development consultants and advisors
- Competitive salary based on experience
- Market leading benefits
How to Apply:
Click apply here https://jobs.santanderbank.com/job/new-york/associate-community-developm...
The Northern California Community Loan Fund (NCCLF) works in collaboration with local partners to confront issues of social justice and financial equity. NCCLF provides nonprofits, small businesses, and social enterprises with strategic investment and guidance to deepen work, scale impact, and strengthen our communities.
NCCLF is one of the country’s 950 Community Development Financial Institutions (CDFIs). Since its inception in 1987, NCCLF has invested more than $254 million into projects throughout Northern and Central California, impacting the lives of over 1.5 million community members. The organization’s lending and consulting services support organizations that develop affordable housing; provide critical social, medical and youth services to low-income people; create community arts programs; and increase people’s access to healthy foods.
NCCLF is governed by a 13-member board of directors. The organization’s current operational budget is approximately $7M. There are currently 37 staff, including a Leadership Team of 6. NCCLF’s programs and services include:
• Lending – NCCLF provides real estate loans for affordable housing, community facilities, healthy foods, and economic development projects; working capital loans to meet the short- and medium-term operating needs of nonprofits and other mission-driven enterprises serving low-income communities.
• Consulting – NCCLF offers financial management and real estate guidance to nonprofits, small businesses and social enterprises seeking to expand capacity, evaluate real estate readiness, and use financial resources more strategically. NCCLF intentionally creates equitable opportunities for people who have been shut out of traditional financial spaces, and offers strategic guidance to help them achieve stability and financial growth.
• Social Impact Investing – NCCLF invites investors to join the organization as community allies, displacement mitigators, and long-term equity builders through impact investments. Each investment is made to fund positive social change within underserved communities while offering the potential of financial return for investors.
Over the past 30 years, NCCLF has made tremendous improvements to nonprofits and enterprises in the community. Its recent initiatives have further advanced the viability of these organizations across Northern and Central California. For example:
• NCCLF is one of very few CDFIs in the nation to receive the highest rating, four-star AAA policy plus, from the AERIS CDFI Assessment and Ratings System in recognition of NCCLF’s financial strength, policy advocacy, and social impact.
• NCCLF expanded its focus on food equity and access by assuming leadership of the California Fisheries Fund, a loan pool dedicated to bringing capital to small family fishing operations in California coastal communities. In 2017, NCCLF also became the administrator of the California FreshWorks initiative, which unlocks capital for innovative projects that bring healthy food options to areas of low access throughout California.
• For over a decade, NCCLF has run a place-based initiative in San Joaquin Valley focused on increasing equity in rural communities, with particular focus on strengthening the nonprofit sector and supporting enterprises that contribute to the advancement of racial and economic equity.
• NCCLF partners with California State University Fresno to offer a Community Facilities Challenge where students from Finance, Design, Construction Management and Humanics work together to develop a real estate analysis on behalf of a community based organization to benefit a low-income community.
• In 2016, NCCLF launched PRO Oakland, a three-year collaboration with Main Street Launch, which supports nonprofits and small businesses impacted by the Alameda County Transit Bus Rapid Transit project. PRO Oakland offers expert technical assistance and flexible capital to these organizations in order to mitigate disruption, avert displacement, and prepare these entities to thrive once construction is complete.
• In 2013, NCCLF helped develop the Community Arts Stabilization Trust (CAST), which purchases real estate to protect arts organizations from the surging San Francisco real estate market.
• In 2011, NCCLF launched its partnership with the City and County of San Francisco to provide technical and financial assistance to nonprofits at risk of being displaced. The Nonprofit Displacement Mitigation Program administered more than $2.5M in financial assistance grants to 57 organizations, and provided technical assistance to 80 nonprofits at risk of displacement.
NCCLF’s FY19 – FY21 strategic plan outlines three core focus areas which include:
• Impact and Influence – A commitment to advancing economic equity by providing products and services to enterprises that lack access to capital or fulfill a community need; advancing racial equity by supporting enterprises that are led by people of color or address issues related to people of color; meeting the needs of low and moderate income individuals by preserving and supporting the community through lending that fills a gap in the housing market; supporting the growth and sustainability of nonprofits that align with NCCLF’s mission; and, forging strategic partnerships, sharing best practices and participating in systems change work.
• Financial Sustainability – Actively seeking a healthy mix of revenue sources and implementing robust financial scenario planning that allows NCCLF to react proactively to changes in the funding climate.
• Organizational Excellence – Strengthening NCCLF’s capacity to attain its organizational goals by implementing decision-making and change management processes that are rooted in the organization’s values and culture, enhancing professional development for staff, strengthening program evaluation systems, and deepening efforts to share compelling stories about NCCLF’s impact.
The new President should be passionate about NCCLF’s work, have a strong vision about NCCLF’s future direction, and provide strong, credible leadership both inside and outside the organization. The new leader will directly engage with marginalized communities in accordance with NCCLF’s commitment to promoting equity and building strong and healthy communities.
The President will report to the Board of Directors, and will have direct reports including the Director of Finance and Administration, the Director of Development and Communications, the Chief Lending Officer, the Director of Strategic Initiatives, and the Director of Consulting Services. The President will also:
• Provide vision and leadership in pursuit of the Fund’s mission; and ensure that NCCLF continues to implement impactful, high quality programs and services.
• Provide thought leadership across the CDFI network and beyond.
• Foster an organizational culture that values high performance, high quality services, successful and measurable outcomes, and rigorous evaluation.
• Advance NCCLF’s firm commitment to racial and economic equity.
• Guide the implementation of the strategic plan; oversee the identification and development of new programs and products including lending, technical assistance and capitalization.
• Further the Fund’s public relationships by representing the Fund in public forums, foster key external relationships and partnerships, and oversee the growth and focus of the Fund’s public visibility and image.
• Oversee NCCLF’s rebranding efforts and work collaboratively with the communications team to ensure the thoughtful implementation of all rebranding efforts.
• Provide leadership in fundraising and capitalization by overseeing development strategies, and serve as a liaison to major development partners and funders.
• Ensure the Fund’s financial strength and ongoing sustainability through oversight of the financial management function.
• Oversee management of assets and compliance with all government and investor requirements.
• Oversee lending activity by reviewing and approving organizational lending decisions including loan commitments, closings, extensions, renewals, and other actions.
• Coordinate involvement in public policy, advocacy work, and public education efforts.
• Provide vision and direction to senior management, and inspiration to NCCLF’s workforce by encouraging innovation and continuous development; and foster a healthy and vibrant organizational culture.
• Advise the Board on policy and strategic matters, nurture and support Board leadership efforts to ensure exemplary governance and oversight of all NCCLF activities, and assist with Board recruitment, orientation and development efforts.
Ideal candidates for this position will bring a variety of experiences and attributes to NCCLF, including:
• A career that demonstrates a strong commitment to building social, economic, and political power in marginalized communities.
• Demonstrated experience in one or more of NCCLF’s core lines of business.
• An innovator and stellar strategist with a successful track record aligning multiple stakeholders around a common vision and related strategies; and the ability to also foster an outcomes-driven team.
• Well-honed business acumen; and proven experience with fiscal management and operations.
• A successful track record developing relationships with investors, cultivating and expanding investor relationships, and securing funding from individual and institutional investors.
• A collaborative leadership style, including experience inspiring and motivating staff, and fostering collaboration and professional development.
• Demonstrated experience fostering high performance teams.
• Demonstrated experience in advancing a racial and economic equity agenda.
• Experience and ability to interact with diverse audiences and stakeholders, and the ability to listen to and be responsive to communities served.
• Masterful communication skills with excellent interpersonal and networking skills: a communicator who inspires genuineness and trust.
• Experience supporting the Board of Directors in its governance role, fostering its ongoing development, and engaging its members in strategy and resource development.
• Familiarity with CDFI’s business lines and the community development sector a plus.
Salary will be competitive and commensurate with experience.
How to Apply:
To apply, e-mail resume, cover letter and salary requirements to: NCCLF@raffa.com (e-mail applications are required). Only complete applications will be considered. For other inquiries contact Peggy Sand at email@example.com. Resume reviews begin immediately.
NCCLF provides equal employment opportunities without regard to race, color, ethnicity, religion, sex, pregnancy or recent childbirth or related medical condition, gender identity and expression, sexual orientation, national origin, ancestry, age, disability, the use of a guide or support animal because of blindness, deafness or physical handicap of any individual, citizenship, veteran or military status, genetic information, marital status, familial status, domestic or sexual violence victim status, possession of a GED instead of a high school diploma, or any other protected characteristic under applicable federal, state or local laws.
About Raffa, PC
On behalf of NCCLF, Raffa, PC is working with the Board of Directors and leading the President search. Founded in 1984, Raffa is, and always has been, a mission-driven professional services firm seeking to do more for nonprofits and socially conscious companies. We exist to do meaningful work for organizations like NCCLF who are making a difference in our communities and our world. Learn more about Raffa at www.raffa.com.
The mission of the CDFI Fund is to promote access to capital and enable locally based organizations to further economic growth and community development in urban and rural low-income communities. The New Market’s Tax Credit Program is designed to attract private investment to businesses in low-income communities or businesses that are owned by, employ, or serve targeted populations by permitting investors to receive a tax credit for making equity investments in Community Development Entities.
New Markets Tax Credit (NMTC) Program Manager at the CDFI Fund: Announcement Number 18-DO-465-P
As the New Markets Tax Credit (NMTC) Program Manager, you will:
Establish, implement and ensure compliance with policies and procedures governing awards, terms and conditions for funding investment, and compliance determinations;
Perform award reviews and provide funding concurrence and/or recommendations for award justifications based on considerations such as quality, consistency and adherence to policies, procedures and applicable OMB and other Federal regulations;
Contribute to the development and implementation of the Fund's strategic plan and performance indicators. This includes setting and communicating organizational goals; establishing operational plans with outcomes and milestones; determining priorities; and monitoring, measuring and reporting on the performance of staff, workgroups and business unit;
Coach, train and supervise Associate Program Managers (APM) and staff in order to ensure consistent, high quality performance and timely responses;
Build internal and external partnerships and coalitions. This includes maintaining collaborative efforts between the Fund and others in order to share knowledge, promote informed decision making, and leverage the resources of the Fund.
Specialized experience for this position includes:
Experience overseeing the work of others in performing financial analysis and evaluation work of the financial and management structure, operations and practices of certified community development finance entities; AND
Experience with the development and execution of policies, procedures and risk plans for implementation of programs related to certified community development finance entities; AND
Experience evaluating program or organizational effectiveness of business processes of certified community development finance entities.
See link to application questions: https://careerconnector.jobs.treas.gov/cc/vacancy/previewVacancyQuestion...
Grade 15: $134,789 to $164,200 per year
How to Apply:
See link for USAJobs website. https://www.usajobs.gov/GetJob/ViewDetails/512546300#how-to-apply
Who we are:For over 25 years, CSH has been a game-changer for the most vulnerable people in our country:
- Helping communities create 200,000 homes for individuals and families who did not have one;
- Bringing hope to thousands who thought they would live on the streets or reside in institutions forever;
- Ensuring not only a stable home for each, but access to the services that brought healthcare, recovery and training to their doorsteps;
Not only has CSH proven supportive housing works and changes the lives of individuals facing acute disabilities, complex medical and mental conditions, substance use disorders and economic barriers, we have done so while creating a family of nationally recognized experts who stay committed to our organization and mission throughout their careers. We attract talented professionals, offer competitive salaries with benefits, generous family leave and PTO, and fully embrace the philosophy that a sustainable work-life balance is desirable and achievable. With the aim of attracting good people who possess the confidence and drive to get the job done, CSH is now accepting applications for a Senior Program Manager to work with our Metro Team.
CSH is seeking an enthusiastic, results-oriented individual who has a passion for the CSH mission and possesses the leadership and management skills necessary to advance our work. You should have project management skills and understand the nature of working with fee-for-service contracts and be able to manage workload and project deliverables within a specific time frame. You will deliver technical assistance through consulting contracts to support our local offices and work in areas where CSH does not have an office presence. Projects focus on engaging systems and communities, aligning resources to create new supportive housing, and ensuring quality services and operations.
CSH is seeking a professional strong in project management, setting priorities and who works well independently within a multi-disciplinary team environment. If you demonstrate these skills and have experience with housing and service models for vulnerable populations, CSH needs you.
The Metro Team consists of five staff within CSH’s Eastern Region and consists of PA, NJ and NY. Reporting to the Metro Team Director, the Senior Program Manager may work remotely in the region or may work out of our office in Manhattan.
• Deliver in-person and virtual technical assistance; trainings and/or webinars on technical aspects of supportive housing, such as financing, operations, and/or service delivery.
• Act as project manager for contracts and/or grants, ensuring clearly defined team roles, on time and on-budget deliverables, and delivery of quality products. CSH expects project managers to foster a work environment based on quality teamwork, mutual accountability, and high quality performance.
• Provide system transformation technical assistance, analysis, and support to healthcare and government partnerships working to coordinate with homeless, criminal justice, family and youth, veterans, and supportive housing providers.
• Establish and maintain high quality relationships and partnerships with key funders, community stakeholders, particularly with staff from city and state agencies, the Continuum of Care, managed care organizations, community-based supportive housing providers and non-profit and for-profit housing developers who are the recipients of CSH technical assistance.
• Participate on and contribute to project teams as assigned. Tasks may include the coordination of and participation in technical assistance visits; drafting reports, policy guidance, fund development, and other documents and resources; and training design, development, delivery, and evaluation – as well as supporting staff engaged in such activities.
• Support budget development and monitoring, working closely with the Metro Team Director and CSH finance team.
• Represent CSH effectively at external events, ensuring CSH’s interests and reputation are maintained.
• Participate in regional planning and operations discussions and activities.
• Frequent travel in the tristate region, as well as occasional national travel as required.
• Perform any other related duties or special projects locally, or in collaboration with regional and national teams as assigned by the supervisor.
All CSH staff share a common competency framework. These guide our approach and in turn, help us create value. CSH staff are adaptable, entrepreneurial, creative, flexible, and problem solvers. We are strategic thinkers with a sense of humor, persistence, and a commitment to treating others with respect.
• 5+ years of experience working in the field of supportive housing, affordable housing, healthcare, and/or community development.
• Bachelor’s degree; equivalent experience may substitute for education.
• Previous project management experience with demonstrated leadership and organizational skills and the ability to manage project teams, project budgets and deadlines.
• Knowledge and experience in providing technical assistance/consulting services to diverse stakeholders including government, and experience and familiarity with permanent housing and services models for vulnerable populations including chronically homeless.
• Experience with colleagues and external audiences and partners in the areas of public policy, systems change, housing development/operations, and/or the delivery of supportive services.
• Talent to take initiative to implement projects and pursue goals with moderate supervision.
• Strong analytical, interpersonal, presentation and written and verbal communication skills.
• Willing and able to travel at least 20% of the month, although travel schedule will vary based on assignments.
Commensurate with experience
How to Apply:
To Apply: Candidates should apply by clicking on the link below. All candidates should attach their Resume, Cover Letter and Salary Expectations as one Microsoft Word or PDF document.
CSH is proud that it always has been and always will be an Equal Opportunity Employer.