Senior Affordable Housing Program (AHP) Underwriter

Senior Affordable Housing Program (AHP) Underwriter

Category :

Banking & Financial Services

Employment Type : Contract

Reference : BH-379654-5

Senior Affordable Housing Program Underwriter

12+ month contract

Irving, TX (Hybrid)

Responsibilities include the evaluation, underwriting, selection and compliance of Affordable Housing Program (AHP) applications; technical assistance to member institutions and community organizations concerning the Affordable Housing Program as well as the Community Investment Program; review, analyze and process requests for grant funds from member institutions and community organizations and assist in preparation of departmental marketing materials. Ensure compliance of AHP projects to the program rules and regulations.

PRIMARY RESPONSIBILITIES :

• Analyze AHP Rental and Owner-Occupied disbursement requests to ensure all required documentation is in compliance with AHP regulations and departmental policies and procedures. Make approval / denial recommendations for funding to AHP General Fund Manager.
• Participates in the analysis, review, and selection of Affordable General Fund Housing program applications.
• Provide technical assistance to member institutions, non-profit organizations and community / government leaders on the features and uses of the Affordable Housing Program.
• Interacts with other analysts on complex issues regarding applications, modifications, fundings and monitoring.
• Analyze complex multi-family rental project disbursements to ensure project is viable for funding, as assigned.
• Review and approve HELP, SNAP and AHP owner-occupied disbursements request when designated.
• Perform the compliance review of AHP rental projects to ensure that AHP compliance requirements are being met. (Income targeting and rent compliance)
• Provide the management team with updates and status reports on project completion / modification, as assigned. Make recommendations concerning the continued viability of said projects.
• Analyze and review project status reports and other information to ensure that projects are in compliance with AHP regulations and departmental policies.
• Up to 10% travel required to participate in various speaking engagements and promotional appearances (local, state-wide, regional, or national).
• Develop a working knowledge of the Bank's other products and services, especially those offered by the Community Investment Department.
• Develop and maintain knowledge of local, state, and national programs that are involved in financing affordable housing development; provide assistance and update policies and procedures to ensure effective administration of the Affordable Housing Program.
• Perform user acceptance and validation testing and maintenance of internal systems and applications. Ensure implementation is in compliance with department internal controls, policies and procedures, FHFA regulations and Bank policy.
• Participate in the planning and organizing of the AHP workshops and webinars.
• Perform regular and ad hoc activities in support of the operational needs of the department.
• Perform other duties as assigned.
• JOB REQUIREMENTS :

4-6 years financial analysis and credit underwriting experience associated with commercial real estate / multi-family properties, housing development, commercial finance or other demonstrated affordable housing program (AHP) and / or LIHTC experience.

Estimated Min Rate : $40.00

Estimated Max Rate : $49.00

What's In It for You?

We welcome you to be a part of the largest and legendary global staffing companies to meet your career aspirations. Yoh's network of client companies has been employing professionals like you for over 65 years in the U.S., UK and Canada. Join Yoh's extensive talent community that will provide you with access to Yoh's vast network of opportunities and gain access to this exclusive opportunity available to you. Benefit eligibility is in accordance with applicable laws and client requirements. Benefits include :

Note : Any pay ranges displayed are estimations. Actual pay is determined by an applicant's experience, technical expertise, and other qualifications as listed in the job description. All qualified applicants are welcome to apply.

Yoh, a Day & Zimmermann company, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Visit

to contact us if you are an individual with a disability and require accommodation in the application process.

For California applicants, qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. All of the material job duties described in this posting are job duties for which a criminal history may have a direct, adverse, and negative relationship potentially resulting in the withdrawal of a conditional offer of employment.

By applying and submitting your resume, you authorize Yoh to review and reformat your resume to meet Yoh's hiring clients' preferences. To learn more about Yoh's privacy practices, please see our Candidate Privacy Notice :