Federal and Special Initiatives Investment Lead; COM

Federal and Special Initiatives Investment Lead (COM
4)
At the Department of Commerce, we’re reimagining what’s possible in government. We’re builders, thinkers, and change-makers, working at the intersection of innovation, community, and impact. From unlocking critical funding to fueling inclusive economic growth, we’re turning big ideas into real-world solutions that uplift people and places.

Our agency’s strength lies in the diversity of our workforce and the breadth of the lived experiences and perspectives employees bring to the work. We believe equity is not just a value but a practice, which is reflected in how we design programs, engage communities, and deliver outcomes. We foster a workplace culture where curiosity is encouraged, bold thinking is welcomed, and collaboration drives our impact.

Let’s build what’s next, together.

The Housing Division (HD) partners with local governments, Tribes, housing authorities, nonprofits and other organizations to develop and preserve affordable housing, promote individual and family self-sufficiency, and reduce adult and youth homelessness.

This position works within the Multifamily Housing Unit (MHU) of HD and is responsible for specific tasks within the State Housing Trust Fund (HTF) and federal HOME and National Housing Trust Fund programs. This position has as a high-level technical expertise and serves as the subject matter technical expert in state and federally funded development and financing of affordable housing including permanent supportive housing.

Responsibilities include developing processes, tools, manuals and underwriting guidelines for federal and special initiative funding; develops, implements, negotiates, administers, and monitors the federal program notice of funding availability rounds, as well as special state initiatives as outlined by legislation and Housing and Urban Development (HUD). This includes work with potential fund recipients and affordable housing developers, the public, stakeholders, local government public funders, federal government funders, and private investors.

In compliance with federal requirements, the position develops processes to equitably distribute competitively awarded funds and serves as Commerce’s HOME and NHTF securitization specialist to protect the state’s interest through the use of complex contracts with community organizations, housing authorities and other eligible entities. The position may supervise lower-level staff.

• Establish and implement procedures for a competitive loan and grant process for the creation of affordable housing in accordance with federal regulations (and other federal stimulus programs as needed).
• Write and publish Notices of Funding Availability (NOFAs) in compliance with federal requirements, budget and agency requirements.
• Develop and maintain federal-program application forms and lead the application review process.
• Collaborate with state counterparts to achieve complementary and optimum use of funds statewide.
• Establish and implement procedures for a competitive loan and grant process for the creation and preservation of affordable housing in accordance with state regulations and legislative provisos.
• Write and publish Notices of Funding Availability (NOFAs) in compliance with state requirements, budget and agency requirements for Special Initiatives as appropriated by the Legislature, as well as Preservation Programs.
• Develop and maintain state-program application forms and lead the application review process for Special Initiatives and Preservation Programs.

• Establish and maintain…