Description
Who We Are:
HAF is an innovative nonprofit lender and Community Development Financial Institution (CDFI). Established in 2017 by the San Francisco Mayor’s Office of Housing and Community Development, we create public-private partnerships and leverage private, philanthropic, and public capital to stem displacement of low-income and working families and accelerate the production of new affordable housing across the Bay Area.
HAF has raised over $280 million in capital and deployed and committed over $280M to help nonprofits acquire buildings and convert them to permanent affordability. HAF also manages a philanthropic fund on behalf of Tipping Point Community that aims to accelerate the delivery of housing for unhoused people by investing in projects that pilot new cost-cutting and time-saving approaches. Our pilot project at 833 Bryant delivered permanent support housing (PSH) for individuals experiencing homeless at half the time and two-thirds of the cost of market standard – and we’re just getting started!
The Role:
We’re looking for a new team member to take ownership of our portfolio of affordable housing projects. That means project managing each deal from loan close to refinancing, owning data collection and impact assessment, and supporting the team on closings for new loans. Position title, reporting structure, and specific responsibilities will be determined based on an individual’s background and experience.
You’re a great fit for the role if you:
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Have 1-6 years of experience in some combination of: housing project or portfolio management for housing, program management for a non-profit or government agency, and/or experience in data collection and impact analysis in a non-profit or public sector setting.
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Are passionate about addressing the Bay Area’s housing affordability and homelessness crisis
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Have proven success as a resourceful self-starter comfortable working in a start-up environment
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Possess analytical skills and the ability to work with and present data to a range of audiences; have excellent facility with Microsoft Excel
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Are comfortable taking ownership of multiple projects at once, coordinating collaboratively from idea-stage to implementation
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Are comfortable creating, implementing and improving project management systems for our portfolio and program administration
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Are passionate about Diversity, Equity, Inclusion, and Belonging and committed to embedding equity in how we measure and assess out portfolio and impact
We know that there is a skills gaps in the affordable housing sector, and we want to help train the next generation of affordable housing leaders. If you don’t meet all of the JD requirements but are passionate about our mission, we still strongly encourage you to apply. In the hiring process, we can speak to the professional development resources we can offer to support your growth.
The Work:
Portfolio Management (60%)
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Portfolio and Construction Management (50%)
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Oversee projects from acquisition closing to conversion to permanent financing, in partnership with third-party construction manager (HAF CM), VP of Lending and Capital, and borrower 10
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Lead loan servicing function for the HAF
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Provide support to new borrowers throughout HAF loan term
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Engage in regular meetings with borrowers and HAF CM to ensure each project meets defined construction milestones and timely loan repayment
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Coordinate approval and documentation of loan extensions or modifications
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Lead internal process improvements for loan administration after close-out of each portfolio loan
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Portfolio Administration (10%)
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Maintain internal systems and databases related to loan portfolio
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Support compliance and reporting related to outstanding portfolio for investor audiences
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Data Management and Impact Assessment (25%)
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Manage the tracking and reporting of HAF’s resident impact data
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Provide impact reporting to staff and Board, and assist with impact analysis for investor reporting
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Lead initiatives to continually improve HAF’s approach to data collection and impact assessment in support of HAF’s mission and racial equity goals
Lending Administration (15%)
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Coordinate loan funding process with HAF’s Chief Financial Officer
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Manage loan documentation at closing, including coordination with title company and legal counsel prior to loan closing and maintaining internal loan records and files
Our Values & Personality:
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Mission-driven, collaborative, & optimistic. Above all, we believe everyone has a role to play in addressing our affordability crisis. Our sense of shared responsibility drives us to bring new collaborators into this work, and to center cross-sector partnerships in all that we do.
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Bold, nimble, & relentlessly solutions-oriented. We are creative and entrepreneurial, always looking for new ways to continuously improve. We successfully innovate because we take smart risks that leverage our expertise, relationships, and resources. On our small team, we all wear many hats, and are ready to stretch ourselves and lend a hand to collectively make an impact.
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Learning, unlearning, & disrupting towards equity. Our team has diverse backgrounds, but we’re all drawn to work by a commitment to housing equity and justice. We know that housing outcomes in the Bay Area are both a cause and effect of racist wealth inequality. We seek to drive change on a person level, project level, and system level. As such, we're actively learning and unlearning within our organization about how systems and structures allow for change that supports individuals and communities farthest from opportunity.
Of Note:
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While our primary scope of work focuses on the city of San Francisco, we encourage candidates who bring knowledge of affordable housing in the broader Bay Area to apply;
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We’ve been remote throughout the pandemic with the exception of semi-regular (1 - 4 times per month) site walkthroughs. Once our team feels comfortable returning to in-person work, we plan to be hybrid (2-3 days per week minimum out of an SF-based office with the remainder work from home at individual discretion).
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We are an Equal Opportunity Employer. HAF is an equal opportunity employer. We strongly encourage and seek applications from women-identifying individuals, BIPOC, bilingual and bicultural individuals, as well as members of the LGBT+ communities.
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Our benefits package includes comprehensive, employee-selected insurance coverage (medical, dental, vision, life); a 401(k) plan with employer match; generous PTO beginning at 15 days plus paid holidays; cell phone, internet, and fitness stipends; FSA & Commuter Savings accounts, and more.
What the Role Looks Like:
First Week | Get to know your teammates and external partners; we’ll go on a walkthrough of all current portfolio projects across San Francisco and can see your impact up close. |
Within A Month | You’re up to speed on our current portfolio of projects and, with support from the team, taking ownership of loan servicing and disbursements processes. You’ll have a high-level understanding of HAF’s capital structure and the “lifecycle” of a HAF loan. You and your manager will develop a road map of 6-month and 12-month goals, with defined resources to support you. |
Within Three Months | You’re confidently owning portfolio management and loan disbursements. You’ve helped coordinate a loan closing for 25 new units of affordable housing. You interviewed the project developer to learn about how the acquisition is impacting residents, capturing insights in our impact management system. |
Within Six Months | You’ve prepared the annual impact report for our partners and investors. You have ideas about what else we could measure next year and the parts of the report that could be improved. You pitch your suggestions to the team for feedback, and get the green light to implement process changes. |
Within One Year | When you have new ideas for how we can increase our impact and efficiency, you feel empowered to implement new processes. For example, you’re partnering with our CFO to improve our construction project management tracking systems and you’re working in collaboration with other CDFIs to ensure we’re measuring impact to advance anti-racist outcomes. |
The Hiring Process:
Step 1: Applications | We’ll accept applications on a rolling basis through January 31st. |
Step 2: Intro Calls | We’ll reach out to select candidates to schedule 20 minutes “getting to know you” calls. We’ll let the rest know they won’t be moving forward in the process. |
Step 3: Additional Interviews | Candidates will have between 2 - 3 conversations with members of the HAF team, partners, and board. |
Step 4: Exercise + Work Sample | Candidates will be asked to complete a series of questions based on HAF’s portfolio and asked to share a work sample that you’re proud of. |
Step 5: Offer | We plan to extend an offer in early April with a start date in May / June. |
Compensation:
Title | Years of Relevant Exp. | Total Compensation Range |
(Senior) Analyst | 1 - 3 | $70,000 - $95,000 |
(Senior) Associate | 4+ | $95,000 - $120,000 |
Experience
Not Specified
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