[Remote] Financial Consultant or Senior Financial Consultant - Hybrid/CA

Note: The job is a remote job and is open to candidates in USA. The California Housing Partnership is hiring a Financial Consultant or Senior Financial Consultant to advise nonprofit and local government housing agencies on financing affordable multifamily housing. The role also provides technical assistance, coaching, and training on financing programs, project structuring, and development strategies.

Responsibilities

• FINANCIAL CONSULTANTS ("FCs) and SENIOR FINANCIAL CONSULTANTS ("SFCs") are responsible for advising clients on financial strategies to structure and maximize equity and bond or loan proceeds raised, selection of equity investors and lenders, and negotiation of deal terms, preparation of financial projections and assistance in obtaining funding from a large array of competitive programs including, but not limited to:
• Independently run the Partnership’s in-house proforma considering all of the above funding sources, their rules and interactions
• Provide expert advice to nonprofit and local government housing agency partners regarding the optimal use of all the financing programs and services described above
• Provide expert consulting services on syndication and resyndication structuring, including a strong understanding of tax and financial concepts, as well as investor negotiating strategies
• Provide expertise to our partners on exit strategies for projects where Tax Credits are reaching the end of their 15-year compliance period by analyzing project economics, tax and regulatory considerations, and assisting partners in structuring a financing plan that employs innovative techniques to ensure that the nonprofit sponsor can retain ownership of the project with minimal out-of-pocket cash requirements
• While the primary duties are providing financial consulting services for nonprofit and local government housing agencies, FCs and SFCs must also assist in designing and delivering training programs on the above topics, including training sessions for the Housing Development Training Institute (HDTI) conducted by the Partnership
• Similarly, they must be able and willing to provide expert technical assistance to the staff of nonprofit and local government housing agencies regarding the same list of topics
• Finally, FCs and SFCs, like other Partnership employees, must periodically assist with basic office administrative functions consistent with a small nonprofit organization

Skills

• At least four (4) years' experience in affordable multifamily housing development and financing
• Master's degree in a directly related field may substitute for up to one year of work experience
• Detailed knowledge of current multifamily financing techniques and resources including the rules of at least the most important financing programs listed
• Extensive hands-on experience with the Low Income Housing Tax Credit (LIHTC) program including experience preparing LIHTC applications with minimal supervision and detailed knowledge of LIHTC investment structuring and analysis
• Extensive experience in developing and running multifamily rental real estate proformas
• Knowledge of and ability to communicate about affordable rental housing policy issues
• Proficiency with Apple computers and various cloud-based tools such as Salesforce, DropBox, Google Drive, and Microsoft OneDrive or willingness and ability to learn such tools
• Expert level ability with Microsoft Office products including Excel, Word and PowerPoint
• Alignment with the Partnership's stated mission as well as core organizational and equity values  as demonstrated by prior work and life experience
• At least seven (7) years' experience in affordable multifamily housing development and financing
• Extensive hands-on experience with the Low Income Housing Tax Credit (LIHTC) program including experience preparing LIHTC applications with minimal supervision and detailed knowledge of LIHTC investment structuring and analysis
• Extensive hands-on experience in at least one of the following:  + Applying for and structuring tax-exempt bonds and State of CA HCD programs; + Proforma modeling, including full tax analysis; and + Lender/investor negotiations and document review
• Extensive experience in developing and running multifamily rental real estate proformas
• Knowledge of and ability to communicate about affordable rental housing policy issues
• Proficiency with Apple computers and various cloud-based tools such as Salesforce, DropBox, Google Drive, and Microsoft OneDrive or willingness and ability to learn such tools
• Expert level ability with Microsoft Office products including Excel, Word and PowerPoint
• Alignment with the Partnership's stated mission as well as core organizational and equity values  as demonstrated by prior work and life experience
• Our ideal candidate is someone with current and advanced knowledge in affordable multifamily housing development and financing
• Those with experience in applying for and structuring tax-exempt bonds, recent project management experience with a LIHTC housing developer, and/or experience in delivering or designing related trainings are highly encouraged to apply
• With this, we are seeking individuals that are detail-oriented, self-starters, possess strong organizational skills and the ability to multitask overlapping deadlines and assignments, and have strong interpersonal and communication (verbal and written) skills
• Our ideal candidate is someone with current and advanced knowledge in affordable multifamily housing development and financing
• Those with recent project management experience with a LIHTC housing developer and/or experience in delivering or designing related trainings are highly encouraged to apply
• With this, we are seeking individuals that are detail-oriented, self-starters, possess strong organizational skills and the ability to multitask overlapping deadlines and assignments, and have strong interpersonal and communication (verbal and written) skills
• We welcome applicants with diverse experiences and backgrounds and especially encourage those with lived experience in affordable housing or housing insecurity to apply

Benefits

• Annual performance-based salary increases
• For permanent employees working 20 or more hours per week: 100% employer-paid medical, dental, and vision insurance
• For permanent employees working 20 or more hours per week: 80% premium coverage for dependents
• For permanent employees working 20 or more hours per week: Medical waiver subsidy for employees who opt out of health insurance
• For permanent employees working 20 or more hours per week: Employer-paid Health Reimbursement Account (HRA) covering up to $1,200/year for out-of-pocket medical expenses
• For permanent employees working 20 or more hours per week: Hybrid work model, with at least one in-office day per week at the San Francisco, Sacramento, or Los Angeles office, or optionally remote from within California if commute distance would prove a hardship
• For permanent employees working 20 or more hours per week: Employer-funded Specialty Reimbursement Account of up to $500 for home office equipment in the first year and $250 annually thereafter
• For permanent employees working 20 or more hours per week: Cell phone and home internet reimbursement
• For permanent employees working 20 or more hours per week: Office commuter subsidy of up to $220 per month
• For permanent employees working 20 or more hours per week: 403(b) retirement plan with employer contributions based on years of service
• For permanent employees working 20 or more hours per week: Dependent Care Flexible Spending Account (FSA)
• For permanent employees working 20 or more hours per week: Immediate paid time off (PTO) accrual and usage with no waiting period
• For permanent employees working 20 or more hours per week: Access to an Employee Assistance Program (EAP) for mental health and personal support

Company Overview

Company H1B Sponsorship