Multi-Family Affordable Housing Program; AHP Analyst

Multi-Family Affordable Housing Program (AHP) Analyst

6+ month contract

Location: Irving, TX (Hybrid)

Employment Type: Contract

Reference: BH-391369

Must have experience with:

• 15-year proformas
• Multi-Family Rental; monitoring of multi-family real estate properties
• Experience reviewing rent rolls including tenant files
• Affordable Housing or LIHTC Compliance
• Affordable Housing Ownership Experience
• Funding requests-experience processing funding requests on a construction draw
• Federal and state affordable housing programs

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.

• 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.

• Bachelor's degree in business, Finance, Economics, Real Estate, Public Policy, Urban Planning. A master's in public administration preferred.
• 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 experience.
• Completion of major corporate bank credit training or equivalent experience preferred.
• Excellent presentation, interpersonal, oral and written communication skills.
• Advanced experience with PowerPoint, Excel, Adobe Acrobat and Word.
• Ability and flexibility to travel and/or make presentations at Bank and industry functions, workshop, conferences, etc.
• Grow America (fka the National Development Council) or other comparable professional housing certification preferred.

Estimated Min Rate
: $31.50

Estimated Max Rate
: $45.00

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:

• Medical, Prescription, Dental & Vision Benefits (for employees working 20+ hours per week)
• Health Savings Account (HSA) (for employees working 20+ hours per week)
• Life & Disability Insurance (for employees working 20+ hours per week)
• Met Life…