PPM II - Housing Finance Program Manager

King County   Seattle, WA   Full-time     Finance
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Posted on April 6, 2021
Summary

The Department of Community and Human Services (DCHS) values diverse perspectives and life experiences. The Department encourages people of all backgrounds to apply, including people of color, immigrants, refugees, women, LGBTQ, people with disabilities, veterans and those with lived experience.


The Department of Community and Human Services (DCHS) Department of Community and Human Services provides equitable opportunities for people to be healthy, happy, self-reliant, and connected to community.
 

The Department of Community and Human Services (DCHS) provides equitable opportunities for people to be healthy, happy, self-reliant, and connected to community. The Housing Finance Program (HFP) within DCHS works with partners internal and external to King County to make affordable housing projects a reality by providing capital funding. The HFP team coordinates with other programs and partners to ensure projects serving vulnerable populations have adequate operating and service funding to support residents’ needs. Types of projects funded by King County include:

  1. Permanent housing for people exiting homelessness with supportive services
  2. Permanent housing projects serving individuals or households with a member who is involved in the criminal justice system, or in-patient medical or behavioral health systems 
  3. Transit-oriented development projects that are affordable to low- and moderate-income households
  4. Long-term affordable home ownership opportunities

In addition to these types of projects, a growing focus for the team is how to better support equitable development that is designed in collaboration with impacted communities, that mitigates displacement pressures, and ensures that historically marginalized communities access housing investments. 

This position will underwrite and actively manage projects in different phases of development to ensure that they are equitable, 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.
 
WHO MAY APPLY: This position is open to all qualified candidates that meet the minimum qualifications.  The Department of Community and Human Services values diverse perspectives and life experiences.  The Department encourages people of all backgrounds to apply, including people of color, immigrants, refugees, women, LGBTQ, people with disabilities, veterans, and those with lived experiences of housing instability.
 

REQUIRED MATERIALS: Candidates who wish to be considered for this position must submit an online King County application and respond to the supplemental questions.  Your application may be rejected as incomplete if you do not include the requested and relevant information in the online application and supplemental questionnaire.  Applications and/or supplemental questionnaires that state, “see my resume” are considered incomplete and will not be considered to be competitive.

WORK SCHEDULE: This position is scheduled to work 40 hours per week, Monday - Friday, 8am - 5pm.  This position meets the provisions of the Fair Labor Standards Act, and is overtime eligible with supervisory pre-approval.

TEMPORARY TELECOMMUTING REQUIREMENT 

The work associated with this position will be performed remotely, at least through July 5, 2021 in compliance with King County’s telecommuting mandate. Employees will be provided with a County issued laptop and must maintain a workspace with an internet connection where they can reliably perform work and remain available and responsive during scheduled work hours.  Employees must reside in WA state and within a reasonable distance to their King County worksite to respond to workplace reporting requirements.  There will be situations where the employee is required to report to a County worksite.  Please note that when an employee conducts work that is likely to bring them in contact with another individual, safety precautions are required by the department in alignment with the Public Health Directive from the Seattle & King County Public Health Officer.

To support employees during this time King County has a robust collection of tools and resources to support working remotely. The individual selected for this opportunity will be joining an innovative and progressive team. King County is doing its part to reduce the spread of COVID-19 and remains committed to reducing our carbon footprint.  

UNION MEMBERSHIP:  Positions in this classification are represented by union PROTEC17.

RECRUITER:  Annette.Coleman@kingcounty.gov

Job Duties

  • 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 Developers and other key stakeholders to discuss and identify challenges and opportunities for potential projects in their planning stages. 
  • Assist with developing Request for Proposal (RFP) materials for housing capital programs.
  • Integrate an equity and social justice framework into program duties and communications.  
  • 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. 
  • Oversee contracts independently during the construction phase, monitor construction progress and coordinate review/approval of funding disbursements with the fiscal department. 
  • Collect due diligence items 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 developers, community based organizations and co-workers across County departments. 
  • Present funding recommendations to decision making bodies and answer related questions. 
  • Perform other related duties or special projects as assigned.

Experience, Qualifications, Knowledge, Skills

  1. Bachelor's degree in public administration, urban planning, real estate or related field and/or equivalent education and experience. 
  2. Minimum of two years related work experience in affordable housing, community development, commercial real estate development, and/or real estate with demonstrated recent experience in processing and/or underwriting housing transactions (both rental and homeownership) involving multiple local, state and federal fund sources.
  3. Excellent oral and written skills with the ability to communicate effectively and work with diverse constituencies. 
  4. Knowledge of equity and social justice principles and practices, and understanding of the effects of place-, race- and policy and systems-based inequities on marginalized communities. 
  5. Demonstrated ability to work independently as well as with a variety of stakeholders and project partners with sometimes varying objectives. 
  6. Strong facilitation, negotiation and creative problem-solving skills. 
  7. Ability to work in a collaborative manner as a team member both internally and externally with staff, service providers and members of the public. 
  8. Demonstrated Proficiency in Microsoft Office Suite: Word, Excel, Outlook and the internet. 
  9. Desired Qualifications
    1. Demonstrated knowledge of public funding for affordable housing, including federal programs such as HOME, Low Income Housing Tax Credits and 4% bonds. 
    2. 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.

Supplemental Information

Forbes recently 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 your 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:

  • Medical, dental, and vision coverage: King County pays 100% of the premiums for eligible employees and family members
  • 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: King County employees are eligible to 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
  • 10 paid holidays each year (plus 2 personal holidays)
  • Generous vacation and paid sick leave
  • Paid parental leave, family and medical leaves, and volunteer leave
  • Flexible Spending Account
  • Wellness programs
  • Onsite gyms and activity centers
  • Employee giving program
  • Employee assistance programs
  • Flexible schedules and telecommuting options, depending on position
  • Training and career development programs
For additional information about employee benefits please visit our Benefits, Payroll, and Retirement Page.

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.  Also, in the event of any incorrect information in this document, applicable laws, policies, rules, CBAs, or official plan documents will prevail.
 
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.

01
Are you applying to this position as an eligible Current or Previous King County Employee Priority Placement Program Participant AND Is this position the same or lower percentage of full-time when compared to the position held at the point of the notification of layoff AND Do you possess the skills and abilities to qualify for this position?
  • Yes, I was given a layoff notice from my role at King County AND I am within two years of the effective date of my layoff. AND The position I was laid off from was the same or a higher percentage of FT status when compared to this one.
  • No.
02
If you answered yes to the question above and you are applying for this position as a Priority Placement Participant, to be considered, you must provide the following three pieces of information in the space provided: 1. The title you held when you received your layoff notice 2. The department you worked in 3. The effective date of your layoff
03
Please identify your proficiency and level of proficiency. List any projects of particular note that articulate your proficiency. Microsoft Word
04
Please identify your proficiency and level of proficiency. List any projects of particular note that articulate your proficiency. Microsoft Excel
05
Please identify your proficiency and level of proficiency. List any projects of particular note that articulate your proficiency. Microsoft Outlook
06
Please identify your proficiency and level of proficiency. List any projects of particular note that articulate your proficiency. Other (SharePoint, PowerPoint, Access, etc.) please describe:

Required Question