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  • Make an impact and join the opportunity finance field.

The track record of today’s opportunity finance industry is impressive. All financing directly benefits low-income and low-wealth people to increase access to homeownership opportunities, affordable rental housing, thriving small businesses, and critical services such as childcare, healthcare, and education.

Do you want to develop innovative strategies? Combine your business acumen with an unwavering dedication to making a difference in people’s lives? Change the rules of financing? Make your impact and join the opportunity finance field.

To submit a job listing, please use our online form. If you need to edit or remove a posting, please contact info@ofn.orgSubmissions will be reviewed to ensure relevancy to the industry, and posted within 2 business days.

Underwriter / Senior Underwriter Low Income Investment Fund
New York, NY
Job Function: Financial Services
Posted: October 24, 2018


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.

Position Summary:

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.

Essential Functions

•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 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

Loan Fund Administration and Impact Analyst Mercy Investment Services, Inc.
St. Louis, MO
Job Function: Community Outreach
Posted: October 17, 2018


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 ( 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.

Position Summary:

Position Summary:
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.


Position Responsibilities:
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.

Additional Responsibilities
 Carry out responsibilities in accordance with Mercy Investment Services’ policies and applicable laws.
 Perform other duties as required.


Position Qualifications:
 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

Relationship Manager, Community Development Finance Santander Bank, N.A.
New York City , NY
Job Function: Relationship Management
Posted: October 17, 2018


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

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.


Respect adds up.

Position Summary:

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

President Northern California Community Loan Fund (NCCLF)
San Francisco, CA
Job Function: Administrative/Operations/IT
Posted: October 15, 2018


The Organization
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.
Recent Accomplishments
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.

Strategic Priorities
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.

Position Summary:

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: (e-mail applications are required). Only complete applications will be considered. For other inquiries contact Peggy Sand at 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

New Markets Tax Credit Program Manager CDFI Fund
Washington, DC
Job Function: Investment
Posted: October 9, 2018


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.

Position Summary:

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:


Grade 15: $134,789 to $164,200 per year

How to Apply:

See link for USAJobs website.

Senior Program Manager CSH
New York, NY
Job Function: Project Management
Posted: October 5, 2018


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.

Position Summary:

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.

Metro Team:
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.

Construction Loan Administrator Nonprofit Finance Fund
New York, NY
Job Function: Lending/Loan Operations
Posted: September 27, 2018


What We Do:

NFF works toward a more just and vibrant society through:

Financing that invests in missions. Our customized financing strengthens hardworking nonprofits and social enterprises.

Consulting that empowers leaders. Our experts equip you to make financial decisions that best serve your mission.

Partnering on big problems. Service providers, funders, and investors turn to us for new ways to collaboratively support stronger, fairer communities.

Learning that helps illuminate paths to solving complex social issues. Sharing experiences and expertise – from ideas to anecdotes to cutting-edge data and analysis – makes it easier.

Nonprofit Finance Fund® (NFF®) advances missions and social progress in underserved communities through financing, consulting, partnerships, and knowledge-sharing that empower leaders, organizations, and ideas. A leading Community Development Financial Institution (CDFI), NFF currently manages over $315 million. Since 1980, we have provided almost $700 million in financing and access to additional capital in support of over $2.3 billion in projects for thousands of organizations nationwide.

Position Summary:

The Financial Services team is seeking a Construction Loan Administrator. As a member of a close-working team of professionals dedicated to sourcing, underwriting, closing, and managing a portfolio of loans and New Markets Tax Credit investments to nonprofit organizations and social enterprises, primarily in the health, education, and human services sectors, the Construction Loan Administrator will be responsible for overseeing NFF’s national construction financing portfolio. The Construction Loan Administrator will direct all facets of construction loan and project review, including construction due diligence review, disbursement, and monitoring, commencing at loan origination and underwriting, and continuing through construction completion and loan repayment or conversion. The Construction Loan Administrator shall adhere to underwriting and portfolio management guidelines and processes, credit policies, and loan approval conditions, and implement and practice sound construction loan disbursement and risk mitigation strategies in order to prevent construction loan defaults and construction delays and overruns. The role requires strong technical knowledge of construction projects and facility financing, creative problem solving, and relationship and partnership development to succeed in mitigating construction risk at loan origination and maintaining the quality of the construction loan portfolio.

This is a national position to be located in one of NFF's five offices located in New York, Philadelphia, Boston, Oakland or Los Angeles. This position reports to the Director, Portfolio Management and receives general supervision from the Director, Portfolio Management and Vice President & Chief Credit Officer.


Pre-Closing Due Diligence and Project Analysis:
Review and comment on project budgets, construction and architect contracts, project team qualifications (including architect, general contractor and owner’s representative licenses, credentials and capacity), property surveys, leases, purchase and sale agreements and other due diligence items to ensure the adequacy of the pre-closing construction risk analysis.
Order and review third party reports, including plan and cost reviews and environmental reports, and discuss any pertinent issues with the appropriate parties.
Work with Underwriters and Business Development staff to identify and mitigate construction-related risks, and discuss concerns with and propose solutions with borrowers, partner lenders, internal risk managers, and other parties.
Construction Loan Closing Review:
Work with In-House Counsel, Underwriters and Portfolio Managers to review, negotiate and approve relevant construction loan documentation to ensure adherence with underwriting guidelines, credit policies and credit approval conditions, such as loan agreements, disbursement agreements, contractor and architect assignments and consents, escrow instructions, closing draw documentation, title insurance commitments, payment and performance bonds and insurance.
Track and collect project-related post-closing construction deliverables.
Post-Closing Construction Management:
Collect and carefully analyze all construction-related documentation on active construction projects, including budgets, sources and uses, requisitions, change order logs, AIA forms, lien waivers, soft cost invoices, title documentation, site inspection reports, and other documents required under the loan documents, and maintain appropriate electronic files.
Review draw requests, change order approval requests, and budget reallocation requests for completeness, accuracy and compliance with the loan documents and funding budgets.
Create and maintain individual construction loan spreadsheets with approved budgets, funding criteria, loan allocations, draws and requisitions, interest reserves, and construction timelines for all projects.
During construction, monitor insurance coverage, real estate tax payments and absence of liens to ensure clean title, sufficiency of funds, project completion and issuance of certificates of completion and occupancy.
Coordinate the timely funding of construction loan advances, including loan participations.
Work with Portfolio Managers to review draw period and conversion date extensions, exceptions, and other construction-related borrower requests in accordance with NFF’s credit policies and risk management guidelines.
Identify critical risks, deficiencies and project setbacks, and work with Portfolio Managers to communicate with borrowers, project managers, engineers/inspectors, partner lenders, and other parties to address any concerns and resolve issues.
Regularly interact with Portfolio Managers on construction loan status, and report to the Director, Portfolio Management and Vice President & Chief Credit Officer on pertinent construction loan risks and portfolio performance.
Risk Management – Recommend, design and implement workflow, process and system improvements to appropriately monitor and mitigate construction-related risks on individual loans and on a portfolio basis, while increasing the team’s efficiency. Develop and implement internal policies and guidelines on construction lending.
Communication – Communicate with clients, project managers, contractors, engineers/third party vendors, and partner lenders on construction-related matters. Communicate and coordinate with Portfolio Managers, Underwriters, Business Development and other team members on the construction loan and portfolio performance and new business opportunities.
Relationship Management and Technical Assistance – Working closely with Business Development, Underwriters and Portfolio Managers, communicate with clients to evaluate their construction plan, budget, financing, team, and progress. Develop appropriate solutions which meet client needs and protect NFF’s capital.
Training – Serve as a resource to NFF staff and provide training on construction loan policies, procedures, standards, administration and best practices.
Internal and External Relations – Maintain a culture of quality customer service at all points of contact with clients, colleagues, board and committee members, and other partners.
Reporting – Assist the Director of Portfolio Management in the collection and analysis of construction loan portfolio data for internal and external reporting.
Other Duties – Supports and contributes to a diverse range of Financial Service projects and initiatives.


Bachelor’s degree or equivalent experience required.
At least five years of direct commercial real estate loan closing, portfolio management and construction loan administration at a financial institution, such as a commercial bank or CDFI, or at least five years of direct construction project management and monitoring at a construction or engineering firm.
Strong technical expertise in construction projects and facility financing.
Excellent written and oral communications and interpersonal skills.
Strong project management, time-management, multi-tasking and organizational abilities.
Self-starter with the ability to work with limited supervision as well as collaborate with a close-knit group.
Ability to take initiative and focus on results.
Proficiency with Microsoft Office applications, including Word, Excel and PowerPoint.
Travel to local and out-of-state project sites to conduct site visits and attend construction inspections and meetings.

Specialized Knowledge/Beneficial Skills and Experience:

Understanding of the New Markets Tax Credit program.
Experience with Salesforce.
An openness to learning new skills and systems, with an entrepreneurial work ethic.
Demonstrated commitment to the nonprofit community.
Flexibility, creativity, and patience, with imagination, enthusiasm and a sense of humor.


All salaries are commensurate with experience and include an attractive benefits package.

How to Apply:

Apply here:

Controller Civic Builders
New York, NY
Job Function: Accounting
Posted: September 26, 2018


Civic Builders sits at the nexus of community development and education. Dedicated to giving every child the chance to attend a great school, Civic Builders partners with the nation's best educators to finance and build public charter school buildings. We are an experienced team of real estate, finance, and development professionals dedicated to delivering inspirational educational facilities at affordable rates.

We are a highly entrepreneurial organization that is quickly growing and our dedicated and talented team has positioned us to:
● Invest more than $600M into low-income communities: we have developed a million square feet of real estate, representing 27 schools that serve over 13,000 students in the highest need neighborhoods, such as East Harlem, the South Bronx, Bedford-Stuyvesant, and Newark, NJ.
● Receive $118M of New Markets Tax Credits over four award rounds and access funding from the U.S. Department of Education.
● Partner with the Walton Family Foundation and Bank of America to launch an innovative $100M loan fund to provide low-interest capital, at an increased scale, to charter schools that are creating and expanding facilities.

Civic Builders believes that diversity, in all its forms, enriches society and our organization. Because we support students in the highest need neighborhoods, we have a particular charge to understand our schools and their communities. When our staff, board, and partners reflect, value, and embrace the voices and perspectives of those most impacted by what we do, we have a deeper understanding and connection to their needs and more effectively achieve our aspiration of improving lives, revitalizing communities, and helping children receive the education they deserve. To learn more about Civic Builders, please visit

Position Summary:

Civic Builders is seeking an experienced Controller to lead all activities relating to internal accounting, budgeting and financial reporting. As a facility developer, Civic Builders is comprised of over two dozen entities and maintains several dozen bank accounts. In addition to managing complex facility construction projects that rely on varying sources of capital, Civic Builders owns and leases a number of school facilities to nonprofit charter school tenants. Within this context, the Controller’s responsibilities will include general ledger management, accounts payable, accounts receivable, budgeting and financial reporting, audits, tax filings, and lender obligations and reporting.


Finance and Accounting Management
• Lead internal budgeting, prepare forecasts and budget-to-actual reports with direct oversight Senior Accountant.
• Prepare internal and external financial reporting for senior leadership, Board of Directors and lenders, as well as periodic grant-related reports.
• Lead all internal accounting processes, including general ledger management, accounts payable and accounts receivable, as well as bank reconciliations, deposits and banking relationships.
- Process customer billing, including school facility development services and monthly rental invoices.
• Manage a large volume of lender reporting obligations including financials, certifications and insurance.
• Manage all financial audits and tax filings for all Civic Builders entities and assets.
• Support various reports and multiple transactions and needs of multiple stakeholders and the review the work of others.
• Manage payroll and support additional human resources and compliance related activities such as employee benefits, corporate- and project-level insurance coverage, and relationships with legal counsel.
Data Management Support with Stakeholders
• Support charter school construction projects with budgeting, forecasting, financing, and loan management
• Collaborate with Financial Services team on all financing agreements, lending agreements via Civic Builders’ new platform, and New Markets Tax Credits allocations and deployments.
• Support additional insurance and compliance related responsibilities as needed, such as corporate and project-level insurance coverages, review of leases and funding agreement, and relationships with legal counsel.
• Support construction projects with budgeting, forecasting, financing, and ongoing management of project loans, and will support the Financial Services team on all financing and lending agreements.
• Serve as a partner to the COO and CEO in managing the numerous audits and external reporting
• Work with auditors for the various external reporting including support of parent organizations subsidiaries and affiliates.


• 10+ years of professional experience in accounting, with specific experience working with nonprofits, or small businesses, and real estate
• Demonstrated ability to manage accounting transactions in a complex, multi-entity environment with numerous real estate assets
• Expertise in nonprofit and real estate accounting and audit principles
• Bachelor’s Degree in Accounting, Finance or related degree, CPA license desired and preferred
• Experience managing and preparing multiple financial statements
• Experience managing accounting for an org of similarly complex organizations
• Understands construction builder, lender, nonprofit accounting rules


$150-165K (all-in with bonus)

How to Apply:

Send resume to

Consultant (6 months) Deutsche Bank
New York, NY
Job Function: Underwriting
Posted: September 19, 2018


Since its creation in 1990, Deutsche Bank’s New York City-based Community Development Finance Group (CDFG) has become a leader in providing innovative and catalytic capital for community development in the U.S. with aggregate commitments totaling more than $2 billion. The group is responsible for carrying out Deutsche Bank’s community development lending and investing under the Community Reinvestment Act (CRA). In meeting this mandate, the CDFG pursues a range of financing opportunities and strategies including those aimed at affordable housing and economic development, poverty alleviation, health care access and environmental sustainability.

Position Summary:

Deutsche Bank is seeking to hire a temporary Consultant through February 2019 for the Community Development Finance Group. The Consultant will play an important role providing analytical, compliance, operational, and underwriting support for market-based, high impact loans and investments that benefit low- and moderate-income communities and individuals and address emerging community development needs in the U.S. especially in New York City. A successful candidate will be a quick and positive thinking problem-solver who can work on various financial transactions with diverse stakeholders.

The Community Development Consultant will report to the CDFG Director. The position involves a high level of coordination with other members of the CDFG team, a small dynamic unit with multiple roles and responsibilities.


Compliance and Due Diligence
• Support on completion of CDFG’s Know Your Customer (KYC) process; interface with clients and customers to receive appropriate documentation, run due diligence searches, analyze and clear alerts and KYC findings as needed
Transactions and Underwriting
• Provide analytic, operating and underwriting support to CDFG team with a focus on the loan and investment portfolio
• Participate in transaction approval and execution process, including assembling packages for credit risk management review, assembling necessary credit approval documentation and participating in transaction calls
• As requested, participate in loan and investment originations and diligence; analyze financing feasibility and conduct analysis of borrower experience and financial strength
• Coordinate and prepare quarterly and annual credit reviews and ensure compliance with borrower reporting requirements
Operations and Portfolio Management
• Assist with ongoing portfolio management duties including draw requests, modifications and extensions, and ensure disbursements and fundings are properly accounted for, covering loans, investments, as well as program-related investments
• Liaise with the operations areas of Deutsche Bank to ensure that loans and investments are correctly booked and all appropriate external and internal closing requirements are met
• Support the preparation of various internal and external reporting including to CDFG and other Bank senior management
• Take on special projects as requested

The candidate should be a self-starter and problem-solver with demonstrated passion for working in the community development field and a commitment to Deutsche Bank’s vision and values.


• Bachelor’s degree in finance, economics, urban planning or a related discipline
• Two-to-four years of experience in an analytic role in the financial services (lending/investing), real estate or community development sectors preferably with a CDFI, bank or other financial institution; working knowledge of the community development and impact investment industry is preferred
• Demonstrated ability to analyze financial statements, business plans/projections, real estate projects and loan portfolios; a strong knowledge of accounting principles is helpful
• An ease with learning new systems/applications and strong Microsoft Excel capability
• High levels of organization, file management, and processing large amounts of information; some familiarity with KYC and/or Salesforce is helpful but not required
• Strong verbal communications and interpersonal skills, including the ability to work effectively as a member of a small and dynamic team
• Effective time-management skills, with demonstrated ability to manage a diverse and demanding workload with minimal direct supervision
• Exceptional analytical, writing, presentation, and organization skills and an ability to communicate complex transactions in a straightforward manner



How to Apply:

All inquiries should be directed to CDFG Director, Deutsche Bank, 60 Wall Street NYC60-2311 New York, NY 10005. Please submit your resume and cover letter via email to with the subject ‘US CDFG Community Development Consultant’. Please note only those selected for follow-up interview will be contacted. No telephone calls please.

MHCD Community Organizer/TA Provider CASA of Oregon
Sherwood, OR
Job Function: Community Outreach
Posted: September 18, 2018


CASA of Oregon’s Manufactured Housing Cooperative Development (MHCD) Center is one of nine Certified Technical Assistance Providers (CTAPs) under the national ROC USA™ network. ROC USA and its affiliate, the New Hampshire Community Loan Fund, are non-profits with over 25 years of experience combining expert technical assistance with specialized purchase financing for resident cooperative corporations.

As a member of the ROC USA network, CASA of Oregon delivers pre-and post-purchase technical assistance and helps manufactured homeowners secure the financing needed to buy their communities and shape their economic futures through resident ownership. Participation in this network gives CASA of Oregon access to financial products, technical assistance trainings, and resources developed by experts from ROC USA and the New Hampshire Community Loan Fund.

Position Summary:

Equity Diversity and Inclusion are the guiding principles of CASA and are part of every interaction we have. With that in mind, the principal tasks of the Manufactured Housing Cooperative Development (MHCD) Community Organizer/Technical Assistance Provider are to organize the tenants of manufactured housing communities, to train them to operate a business (resident- owned cooperative) and to help residents understand the responsibilities and duties required to own and operate their community. This position requires extensive travel throughout the state to meetings both during the day and the evening.


Work with members of the RECD team to convert communities to cooperative resident ownership.

Introduce residents to the idea of cooperative resident ownership.

Identify leaders within the community.

Provide direct support to residents in forming a non-profit cooperative and cooperative development, including:

-Electing an interim board of directors

-Forming various park committees

-In cooperation with committees, board members and legal counsel, facilitate the production of interim and permanent bylaws, community rules, membership agreements, space leases and other
corporate documents

Developing and conducting resident surveys

Assist the board of directors in the selection of an attorney, property management company and other service providers.

Provide training and support to board in their governance role including, but not limited to, parliamentary procedure, working with outside vendors, financial analysis and monitoring, developing policies and procedures, forming and using committees, resolving inter-community conflict, capital improvement and funding plan, effective communications, legal and regulatory compliance, bylaws and community rule development and contract negotiations.

Provide training to members in areas such as creating a shared vision for the community, members’ rights and responsibilities and corporate structure.

Collaborate with national partners to develop strategies and share lessons learned.

Develop or adapt the education curriculum, and supporting handouts for cooperative members, non-members and the board of directors.

In coordination with Communications Manager, prepare marketing materials and press releases

Provide direct, ongoing support to the Cooperative, post-purchase, including:

-Assist in the election of a permanent board of directors.

-Deliver management and operations training for the board of directors.

-Periodic evaluations of Cooperative operations.

-Provide appropriate training and direction to the cooperative’s property management company.

Ensure compliance with regulatory requirements.

Facilitates and manages ongoing board member leadership development and training by attending monthly cooperative board meetings.

Oversees asset management of the cooperative through monitoring compliance with lender requirements, financing documents, regulatory agreements and other sources of financial, statutory and
regulatory reporting requirements, including submittal of compliance reporting to investors, lenders, monitoring agencies and other stakeholders.

Liaises with the cooperative attorney to ensure cooperative adherence to Oregon nonprofit cooperative law.

Assists cooperative board members with annual renewals and business requirements including taxes, insurance, and state business registration.

Works closely with cooperative board members and the property manager in the creation of annual operating budgets and short and long-term capital improvement plans, the use of replacement reserves and facilitates the reserve fund transfer requests.


Education: AA or BA/BS in communications, sociology, social work, community organizing or related field preferred. Experience in community building and organizing may be substituted for education.

Experience: Three years demonstrated success in community building and resident organizing required. Knowledge of cooperative formations and functions preferred.

Is a team player who can work with other members of the department to successfully convert manufactured parks to resident ownership

Demonstrated communication, consensus-building, facilitation and analytical skills.

Demonstrated success in creative problem-solving with small and large groups.

Experience in developing and delivering a comprehensive education program.

Ability to develop timelines, goals and benchmarks.

Ability to develop tools in order to assess, monitor and measure success, including the dissemination and application of lessons learned.

Ability to write clearly and concisely.

Ability to work with diverse groups of residents, as well as town and state officials, attorneys, engineers, and other professionals.

Working understanding of budgeting and real estate financing.

Knowledge of Robert’s Rules of Order.

Proficient in Microsoft Office and Excel.

Comfortable speaking in front of large groups.

Calm demeanor; able to think on one’s feet and perform under pressure during difficult interpersonal conflict.

Plans ahead, able to complete tasks and meet tight deadlines.

Attention to detail.

Able to understand and manage multiple complex tasks, including adaptation of training materials as necessary.

Works collaboratively & professionally, self-motivated, flexible, enthusiastic.

Work is in an indoor, office setting and driving to sites at manufactured home parks and meeting areas throughout the state.

This position requires extensive travel both in state and to trainings out of state including day and evening work.

The following capabilities are required in order to perform the essential functions of this position. Reasonable accommodations that do not create an undue burden on the company are available to address the following requirements:

Ability to: stand, walk, reach with arms and hands, climb or balance, and to stoop, kneel, crouch or crawl;

Lift, carry, and place items of up to 25 pounds;

Maintain sustained concentration on computer screens;

Use keyboards and a variety of computer peripherals;

Must have a valid driver’s license with consistent access to reliable transportation.

Must be able to drive both day and night and travel to rural areas.


This is a full time exempt position and requires extensive travel throughout the state to meetings both during the day and the evening. This position’s salary range is $48,728 - $74,635 depending on experience. Benefits include medical, dental and vision insurance after 60 days, generous 401(k) contribution after one year, and 12 days of vacation/sick earned per year.

How to Apply:

Please follow this link to learn more and apply:


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