Apply on Employer Site

CSH Housing Solutions · 1 week ago

Associate Community Investment Officer, New Markets Tax Credits

Los Angeles, CA

Full-time

Hybrid

Mid Level

$86K/yr - $98K/yr

3+ years exp

CSH Housing Solutions is dedicated to changing the lives of marginalized individuals and families by expanding access to housing and supportive services. They are seeking an Associate Community Investment Officer to assist with feasibility analysis, financial statement analysis, and support the preparation of materials for NMTC investments.

CreditCredit BureauLoyalty ProgramsTraining

Responsibilities

Assist with feasibility analysis and underwriting, including reviewing real estate due diligence and identifying risks

Perform financial statement analysis

Support analysis of community impacts of potential projects and alignment with CSH’s NMTC investment strategy; Support preparation of materials for approval from CSH’s NMTC Advisory Board, and internal and board credit committees

Manage transaction checklists for underwriting and closing processes

Coordinate closing process and document review with external counsel, consultants, and NMTC deployment and asset management teams

Support the drafting of key impact reporting documents, including Community Benefits Agreements, Multi-CDE Reporting Forms, and Better Rates and Terms Letters

Support the screening of new NMTC opportunities; Support maintenance and reporting of a pipeline of potential investments

Manage online filing systems for transactions and pipeline

Assist in the preparation of CSH’s annual NMTC application to the CDFI Fund

Assist in the design of technical assistance and other support to project sponsors that improve connection of investments to supportive housing tenants

Cultivate and maintain positive working relationships with project sponsors/borrowers, investors, co-lenders, and other external NMTC partners, including consultants, attorneys, and tax accountants

Support drafting of project summaries and other marketing materials for CSH’s website and general distribution

Represent CSH at conferences, trainings, and events; Support presentations to internal and external audiences

Qualification

Real estate developmentFinancial statement analysisProject managementNew Markets Tax CreditsMicrosoft Office 365Analytical skillsInterpersonal skillsPresentation skillsCommunication skills

Required

A minimum of 3 years of experience in real estate development, finance, and/or non-profit lending

Strong analytical, interpersonal, presentation, and communication skills with an ability to present to diverse stakeholders

Strong computer skills including Microsoft Office 365, including SharePoint and Teams

Success in project management and demonstrated ability to manage multiple assignments to successful completion with external and self-imposed timelines

Preferred

Experience underwriting and/or closing investments in community health center and/or other social service programs

Bachelor's degree

Familiarity with government funding for community development and affordable/supportive housing programs

Prior experience with New Markets Tax Credits

Interest in issues related to supportive housing including homelessness, affordable housing development, public finance, public housing, community development/planning, or support service programs that address mental illness or substance use issues

Experience with video conference, Salesforce and database applications