Financial Consultant OR Senior Financial Consultant

Financial Consultant or Senior Financial Consultant

The California Housing Partnership (the "Partnership") is seeking to hire ONE (1) Financial Consultant ("FC") or Senior Financial Consultant ("SFC") to join our Financial Consulting team.

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:

• Tax-Exempt Private Activity Mortgage Revenue and 501(c)3 Bonds
• Federal 9% and 4% Low Income Housing Tax Credits and State of CA Tax Credits
• State of California Housing and Community Development (HCD) programs including:
  Affordable Housing and Sustainable Communities (AHSC);
  No Place Like Home (NPLH);
  Homekey; and Multifamily Finance Super NOFA which includes Veterans Housing and Homelessness Prevention Program (VHHP), Multifamily Housing Program (MHP), Joe Serna Jr. Farm worker Housing Grant (FWHG), and Infill Infrastructure Grant (IIG)
• California Housing Finance Agency (CalHFA) Mixed Income Program (MIP) and tax-exempt permanent loan and bond issuance programs
• State and local government HOME, CDBG, Permanent Local Housing Allocation (PHLA) and local trust funds
• McKinney Supportive Housing Program
• USDA Rural Development programs
• Project-based Section 8 Vouchers and contract extensions
• HUD multifamily and public housing programs, including Rental Assistance Demonstration (RAD), Section 8 PBRA contracts, 202 / 811 recapitalizations, FHA mortgage insurance, MAHRA, and Preservation programs
• Federal Home Loan Bank AHP Program
• Other federal, state and local funding sources

After an appropriate training period, FCs and SFCs also must be able 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.

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…