Housing Finance Program Manager (PPM III)
King County
Seattle, WA
Full-time
Finance
Posted on February 22, 2025
Salary
$106,100.80 - $134,492.80 Annually
Location
Seattle, WA
Job Type
Career Service, Full Time, 40 hrs/week
Job Number
2025GM23911
Department
DCHS - Community & Human Srvcs
Division
Housing Homeless & Comm Dev
Opening Date
02/21/2025
Closing Date
3/15/2025 11:59 PM Pacific
FLSA
Exempt
Bargaining Unit
C23 : PROTEC17-Non-Sups Staff (DCHS)
Full- or Part-Time
Full Time
Hours/Week
40 hours/week
The Department of Community and Human Services values diverse perspectives and life experiences. The Department encourages people of all backgrounds to apply, including Black, Indigenous, and People of Color, immigrants, refugees, women, LGBTQ, people with disabilities, veterans, and those with lived experiences.
King County's Department of Community and Human Services (DCHS) provides equitable opportunities for people to be healthy, happy, and connected to community.
Are you a skilled senior project manager with a passion for supporting equitable affordable housing throughout King County? Do you have experience with affordable housing, capital community development, or real estate transactions? Do you enjoy working collaboratively? Can you move quickly between big-picture vision and project-level details? If so, King County's Housing Finance Program (HFP) in the DCHS is looking for you! We are seeking a skilled senior project manager to join our Housing Finance Program (HFP) team! We are seeking people who have affordable housing, community development, and real estate lending experience.
The Housing Finance Program within DCHS works with partners internal and external to King County to make affordable housing projects a reality through capital and operating/services funding support. Types of projects funded by King County include:
•Permanent housing for people exiting homelessness with supportive services
•Transit-oriented development projects that are affordable to low- and moderate-income households
•Long-term affordable homeownership opportunities
•Equitable, community-driven affordable housing development
The ideal candidate will have affordable rental housing and/or homeownership development, new construction and/or rehabilitation experience, skills in building trusted relationships with various partners, including communities of color, and demonstrated success supporting housing for historically marginalized communities. The central focus of this position is developing and implementing the Housing Finance Program's Requests for Proposals, overseeing the Interim Loan Program and Credit Enhancement Programs, as well as updating HFP policies and procedures. In addition, the Project Program Manager III (PPM III) will be underwriting and actively managing projects in different phases of development to ensure that they are feasible, on track, and achieve King County's full spectrum of affordable housing goals. The tangible results of the position's work are the approximately 10,000 affordable housing units created or preserved in King County.
This posting and recruitment will be used to fill two positions; one Career Service position and one Term-Limited Temporary (TLT) position. The TLT position is anticipated to end 18 months after the start date but is subject to change depending on operational needs. If filled by a King County employee who has passed their initial probation, the TLT will be a Special Duty Assignment (SDA).
WHO MAY APPLY: This position is open to all qualified candidates who meet the minimum qualifications. Interviews for this selection process will take place on or around 3/31/2025.
APPLICATION PROCESS
If you are interested in pursuing this position, please follow the application instructions carefully. If you need this announcement in an alternate language or format, would like to request accommodation or assistance in the application or assessment process, or if you have questions, please contact the recruiter listed on this job announcement.
The following items are required to be considered for this vacancy:
WORK SCHEDULE/CONDITIONS: This position is exempt from the provisions of the Fair Labor Standards Act and is not eligible for overtime. Typical hours are Monday - Friday, 8 am - 5 pm. This position is represented by PROTEC17.
MISSION CRITICAL POSITION STATUS: This position has been designated Non-Mission Critical. Unless otherwise directed by the County Executive, department director, or agency head, all employees, regardless of designation, are expected to report to work or request leave during an emergency or inclement weather. For more detailed information, please visit HR Policy County Operations During Emergency Situations and the King County Guidelines for Workforce Management in an Emergency .
TELEWORKING REQUIREMENT: T he work associated with this position will be performed or conducted through a combination of teleworking and onsite work and meetings. Employees will have access to shared workspaces at various King County facilities. Employees must reside in Washington state and within a reasonable distance to their King County worksite to respond to workplace reporting requirements.
RECRUITER: Greg Mallory, grmallory@kingcounty.gov
Forbes named King County as one of Washington State's best employers.
Together, with leadership and our employees, we're changing the way government delivers service and winning national recognition as a model of excellence. Are you ready to make a difference? Come join the team dedicated to serving one of the nation's best places to live, work and play.
Guided by our "True North" , we are making King County a welcoming community where every person can thrive. We value diversity, inclusion and belonging in our workplace and workforce. To reach this goal we are committed to workforce equity. Equitable recruiting, support, and retention is how we will obtain the highest quality workforce in our region; a workforce that shares and will help advance our guiding principles - we are one team; we solve problems; we focus on the customer; we drive for results; we are racially just; we respect all people; we lead the way; and we are responsible stewards. We encourage people of all backgrounds and identities to apply, including Native American and people of color, immigrants, refugees, women, LGBTQ+, people living with disabilities, and veterans.
King County is an Equal Employment Opportunity (EEO) Employer
No person is unlawfully excluded from employment opportunities based on race, color, religion, national origin, sex (including gender identity, sexual orientation and pregnancy), age, genetic information, disability, veteran status, or other protected class. Our EEO policy applies to all employment actions, including but not limited to recruitment, hiring, selection for training, promotion, transfer, demotion, layoff, termination, rates of pay or other forms of compensation.
To Apply
If you are interested in pursuing this position, please follow the application instructions carefully. If you need this announcement in an alternate language or format, would like to request accommodation or assistance in the application or assessment process or if you have questions please contact the recruiter listed on this job announcement.
King County offers a highly-competitive compensation and benefits package designed to meet the diverse needs of our employees and support our employees' health and well-being. Eligible positions receive the following benefits and have access to the following programs:
This is a general description of the benefits offered to eligible King County employees, and every effort has been made to ensure its accuracy. If any information on this document conflicts with the provisions of a collective bargaining agreement (CBA), the CBA prevails.
NOTE: Benefits for Term Limited Temporary (TLT) or Short Term Temporary (STT) positions, including leave eligibility and/or participation in the pension plan through the Washington State Department of Retirement Systems, will vary based upon the terms and details of the position.Short Term Temporary positions are not eligible for an ORCA transit pass.
For inquiries about the specifics of this position, please contact the recruiter identified on this job posting.
$106,100.80 - $134,492.80 Annually
Location
Seattle, WA
Job Type
Career Service, Full Time, 40 hrs/week
Job Number
2025GM23911
Department
DCHS - Community & Human Srvcs
Division
Housing Homeless & Comm Dev
Opening Date
02/21/2025
Closing Date
3/15/2025 11:59 PM Pacific
FLSA
Exempt
Bargaining Unit
C23 : PROTEC17-Non-Sups Staff (DCHS)
Full- or Part-Time
Full Time
Hours/Week
40 hours/week
Summary
The Department of Community and Human Services values diverse perspectives and life experiences. The Department encourages people of all backgrounds to apply, including Black, Indigenous, and People of Color, immigrants, refugees, women, LGBTQ, people with disabilities, veterans, and those with lived experiences.
King County's Department of Community and Human Services (DCHS) provides equitable opportunities for people to be healthy, happy, and connected to community.
Are you a skilled senior project manager with a passion for supporting equitable affordable housing throughout King County? Do you have experience with affordable housing, capital community development, or real estate transactions? Do you enjoy working collaboratively? Can you move quickly between big-picture vision and project-level details? If so, King County's Housing Finance Program (HFP) in the DCHS is looking for you! We are seeking a skilled senior project manager to join our Housing Finance Program (HFP) team! We are seeking people who have affordable housing, community development, and real estate lending experience.
The Housing Finance Program within DCHS works with partners internal and external to King County to make affordable housing projects a reality through capital and operating/services funding support. Types of projects funded by King County include:
•Permanent housing for people exiting homelessness with supportive services
•Transit-oriented development projects that are affordable to low- and moderate-income households
•Long-term affordable homeownership opportunities
•Equitable, community-driven affordable housing development
The ideal candidate will have affordable rental housing and/or homeownership development, new construction and/or rehabilitation experience, skills in building trusted relationships with various partners, including communities of color, and demonstrated success supporting housing for historically marginalized communities. The central focus of this position is developing and implementing the Housing Finance Program's Requests for Proposals, overseeing the Interim Loan Program and Credit Enhancement Programs, as well as updating HFP policies and procedures. In addition, the Project Program Manager III (PPM III) will be underwriting and actively managing projects in different phases of development to ensure that they are feasible, on track, and achieve King County's full spectrum of affordable housing goals. The tangible results of the position's work are the approximately 10,000 affordable housing units created or preserved in King County.
This posting and recruitment will be used to fill two positions; one Career Service position and one Term-Limited Temporary (TLT) position. The TLT position is anticipated to end 18 months after the start date but is subject to change depending on operational needs. If filled by a King County employee who has passed their initial probation, the TLT will be a Special Duty Assignment (SDA).
WHO MAY APPLY: This position is open to all qualified candidates who meet the minimum qualifications. Interviews for this selection process will take place on or around 3/31/2025.
APPLICATION PROCESS
If you are interested in pursuing this position, please follow the application instructions carefully. If you need this announcement in an alternate language or format, would like to request accommodation or assistance in the application or assessment process, or if you have questions, please contact the recruiter listed on this job announcement.
The following items are required to be considered for this vacancy:
- NeoGov Job Application (The responses on your job application should be thorough and complete and will be used in the screening process)
- Supplemental Questions (The responses to the supplemental questions should be thorough and complete and will be used in the screening process)
WORK SCHEDULE/CONDITIONS: This position is exempt from the provisions of the Fair Labor Standards Act and is not eligible for overtime. Typical hours are Monday - Friday, 8 am - 5 pm. This position is represented by PROTEC17.
MISSION CRITICAL POSITION STATUS: This position has been designated Non-Mission Critical. Unless otherwise directed by the County Executive, department director, or agency head, all employees, regardless of designation, are expected to report to work or request leave during an emergency or inclement weather. For more detailed information, please visit HR Policy County Operations During Emergency Situations and the King County Guidelines for Workforce Management in an Emergency .
TELEWORKING REQUIREMENT: T he work associated with this position will be performed or conducted through a combination of teleworking and onsite work and meetings. Employees will have access to shared workspaces at various King County facilities. Employees must reside in Washington state and within a reasonable distance to their King County worksite to respond to workplace reporting requirements.
RECRUITER: Greg Mallory, grmallory@kingcounty.gov
Job Duties
- Develop and manage Housing Finance Program Requests for Proposals (RFPs) for affordable housing. Work with internal and external partners to draft at least one and perhaps 2 or 3 RFPs per year. Plan and oversee evaluation and recommendation processes. Develop and present recommendations to decision-making bodies.
- Manage HFP's Interim Loan and Credit Enhancement programs, including reviewing and analyzing applications and drafting funding recommendations for Interim Loan and Credit Enhancement committees' approvals.
- Manage complex and time-sensitive real estate closings, including conducting proper due diligence with assistance from counsel, negotiating loan terms with borrower and partner funders, and drafting/reviewing contracts and loan documents to ensure the County's regulatory requirements, interests, and resources are accurately reflected.
- Develop and revise standard operating procedures, HFP program guidelines, and policies as needed.
- Draft reports for advisory committees and transmittals to County Council reporting on funding activity and status.
- Review and analyze project proposals, conduct feasibility analyses, underwrite transactions with multiple funding sources and make funding recommendations for affordable housing projects that meet housing objectives throughout the County.
- Effectively advocate for King County's affordable housing objectives during project negotiations and in meetings with stakeholders such as other public funders; participate in working groups as needed.
- Meet with affordable housing developers and other key stakeholders to discuss and identify challenges and opportunities for potential projects in their planning stages.
- Integrate an equity and social justice framework into program duties and communications.
- Oversee contracts independently during the construction phase, monitor construction progress and coordinate review/approval of funding disbursements with the fiscal department.
- Collect due diligence and manage project close-out; maintain project and database files.
- Work collaboratively with the Housing Finance Program team across departments and with external partners to deploy funding resources to address housing needs.
- Respond to inquiries and provide technical assistance to borrowers and co-workers across County departments.
- Supervise HFP staff as they contract funding awards and draft closing documents or work on other projects and tasks as determined necessary.
- Perform other related duties or special projects as assigned.
Experience, Qualifications, Knowledge, Skills
- Minimum of four years related work experience in affordable housing and/or real estate lending with demonstrated recent experience in processing and underwriting housing transactions (rental and/or homeownership) involving multiple local, state, and federal fund sources.
- Demonstrated experience drafting affordable housing contracts and ensuring project compliance with fund source requirements.
- Demonstrated ability to work independently, problem-solve, and coordinate with a team.
- Demonstrated knowledge of public funding for affordable housing, including federal programs such as HOME, Low-Income Housing Tax Credits, and 4% bonds.
- Strong facilitation, negotiation, and creative problem-solving skills.
- Demonstrated experience applying equity and social justice principles and practices and understanding of place, race-based, policy, and systems-based inequities.
- Excellent written and verbal communication skills and the ability to communicate effectively and work collaboratively with diverse stakeholders, including funding partners, jurisdictions, affordable housing developers/providers, investors, community organizations, County teams, and the public.
- Demonstrated experience developing and presenting recommendations to the public and decision-makers.
- Demonstrated proficiency in Microsoft Office Suite, including Word, Excel, Outlook, and the Internet.
- Bachelor's degree in public administration, urban planning, real estate, finance, or a related field
- Working knowledge of issues facing the affordable housing industry, specifically the local issues of King County.
- Financial modeling and data manipulation skills, such as the ability to analyze several financial scenarios and analyze data to predict outcomes.
- Experience managing people and processes.
- Demonstrated experience engaging community and developing trusted partnerships.
Supplemental Information
Forbes named King County as one of Washington State's best employers.
Together, with leadership and our employees, we're changing the way government delivers service and winning national recognition as a model of excellence. Are you ready to make a difference? Come join the team dedicated to serving one of the nation's best places to live, work and play.
Guided by our "True North" , we are making King County a welcoming community where every person can thrive. We value diversity, inclusion and belonging in our workplace and workforce. To reach this goal we are committed to workforce equity. Equitable recruiting, support, and retention is how we will obtain the highest quality workforce in our region; a workforce that shares and will help advance our guiding principles - we are one team; we solve problems; we focus on the customer; we drive for results; we are racially just; we respect all people; we lead the way; and we are responsible stewards. We encourage people of all backgrounds and identities to apply, including Native American and people of color, immigrants, refugees, women, LGBTQ+, people living with disabilities, and veterans.
King County is an Equal Employment Opportunity (EEO) Employer
No person is unlawfully excluded from employment opportunities based on race, color, religion, national origin, sex (including gender identity, sexual orientation and pregnancy), age, genetic information, disability, veteran status, or other protected class. Our EEO policy applies to all employment actions, including but not limited to recruitment, hiring, selection for training, promotion, transfer, demotion, layoff, termination, rates of pay or other forms of compensation.
To Apply
If you are interested in pursuing this position, please follow the application instructions carefully. If you need this announcement in an alternate language or format, would like to request accommodation or assistance in the application or assessment process or if you have questions please contact the recruiter listed on this job announcement.
King County offers a highly-competitive compensation and benefits package designed to meet the diverse needs of our employees and support our employees' health and well-being. Eligible positions receive the following benefits and have access to the following programs:
- Excellent medical, dental, and vision coverage options: King County provides eligible employees with options, so they can decide what's best for themselves and their eligible dependents
- Life and disability insurance: employees are provided basic coverage and given the opportunity to purchase additional insurance for both the employee and eligible dependents
- Retirement: eligible King County employees may participate in a pension plan through the Washington State Department of Retirement Systems and a 457(b) deferred-compensation plan
- Transportation program and ORCA transit pass
- 12paid holidays each year plus twopersonal holidays
- Generous vacation and paid sick leave
- Paid parental,family and medical, and volunteer leaves
- Flexible Spending Account
- Wellness programs
- Onsite activity centers
- Employee Giving Program
- Employee assistance programs
- Flexible schedules and telecommuting options, depending on position
- Training and career development programs
This is a general description of the benefits offered to eligible King County employees, and every effort has been made to ensure its accuracy. If any information on this document conflicts with the provisions of a collective bargaining agreement (CBA), the CBA prevails.
NOTE: Benefits for Term Limited Temporary (TLT) or Short Term Temporary (STT) positions, including leave eligibility and/or participation in the pension plan through the Washington State Department of Retirement Systems, will vary based upon the terms and details of the position.Short Term Temporary positions are not eligible for an ORCA transit pass.
For inquiries about the specifics of this position, please contact the recruiter identified on this job posting.
