Development Specialist

Development Specialist

The City of San Jose, the Capital of Silicon Valley, is one of the nation's best-managed cities and one of the top ten cities in which to live, work, and do business. Moreover, San Jos is the center of cultural, government, and economic activity for the region. The employees of the City of San Jose have embraced the following values : Integrity, Innovation, Excellence, Collaboration, Respect, and Celebration. The City's Housing Department is seeking an individual whose values align with the values of the City's employees.

The City of San Jose Housing Department is a leader in the development of affordable housing. Its mission is to strengthen and to revitalize our community through housing and neighborhood investment. The Housing Department provides loans for the development of affordable housing and manages a portfolio of over 17,000 housing units with a total value that exceeds $700 million. Over the next five years, the City Council has a goal of creating 25,000 housing units, 10,000 of which will be affordable. The Housing Department has an operating budget of approximately $19 million and 112 employees. The Housing Department is committed to creating and supporting a diverse work environment with a staff that values inclusion.

This Position is Open Until Filled. Our next review date on Thursday, December 4, 2025. For candidates to be considered for this review date, please make sure to apply before Wednesday, December 3, 2025 at 11 : 59 PM PST.

Position Duties

The City's Housing Department is seeking motivated individuals to join the Housing Department, to assist with various assignments associated with underwriting affordable housing loans, administrating loan transactions and draw requests, and managing the City's loan portfolio.

The Development Specialist must be able to work independently and as part of a team, including with outside partners such as developers, borrowers, title companies, lenders, government agencies, non-profits, and property managers.

The Housing Department is currently seeking to fill 3 full-time Development Specialist vacancies in the Production and Preservation Team, Loan Administration Team, and the Asset Management Team.

1) Development Specialist - Production and Preservation :

• Collaborate with affordable housing developers and community groups to proactively manage affordable housing projects from the earliest stages through completion.
• Review the structure of multifamily financing proposals for new construction and preservation of affordable housing.
• Review financial statements and proformas for feasibility and credit risk.
• Coordinate and execute documents related to the City's loan, land purchase, and regulatory agreements.
• Review all necessary loan documents, title reports, property management agreements, limited partnership agreements, and other due diligence items to ensure completeness and accuracy.

2) Development Specialist - Loan Administration :

3) Development Specialist - Asset Management Loan Compliance :

This recruitment may be used to fill multiple positions in this, or other divisions or departments. If you are interested in employment in this classification, you should apply to ensure you are considered for additional opportunities that may utilize the applicants from this recruitment.

Minimum Qualifications

1. Education and Experience : Bachelor's Degree from an accredited college or university in Planning, Housing, Geography, Economics, Business Administration, Public Administration, Political Science, Sociology or related field and two (2) years of directly related work experience.

Acceptable Substitution : Additional related experience may be substituted for the education requirement on a year-for-year basis.

2. Licenses or Certificates : Possession of a valid State of California driver's license may be required for some assignments.

3. Employment Eligibility : Federal law requires all employees to provide verification of their eligibility to work in this country. The City of San Jose will NOT sponsor, represent or sign any documents related to visa applications / transfers for H1-B or any other type of visa which requires an employer application.

Other Qualifications

The ideal candidate will possess the following competencies, as demonstrated in past and current employment history. Desirable competencies for this position include :

Job Expertise - Demonstrates knowledge of and experience with applicable professional / technical principles and practices, Citywide and departmental procedures / policies and federal and state rules and regulations. More specifically :

Analytical Thinking - Approaching a problem or situation by using a logical, systematic, sequential approach.

Computer Skills Experienced with common business computer applications including but not limited to : MS Outlook, MS Word, and MS Excel.

Communication Skills Effectively conveys information that expresses thoughts and facts clearly, orally and in writing; demonstrates effective use of listening skills; displays openness to other people's ideas and thoughts.

Customer Service - Demonstrates the ability to anticipate customers' needs and deliver services effectively and efficiently using professional demeanor.

Decision Making - Identifies and understands issues, problems, and opportunities; uses effective approaches for choosing a course of action or developing appropriate solutions.

Multi-Tasking - Can handle multiple projects and responsibilities simultaneously; has handled a wide variety of assignments in past and / or current position(s).

Teamwork & Interpersonal Skills - develops effective relationships with co-workers and supervisors by helping others accomplish tasks and using collaboration and conflict resolution skills.