Program Officer - Lending (Washington, DC) at Local Initiatives Support Corporation | Torre
Program Officer - Lending (Washington, DC)
Report
Local Initiatives Support Corporation

Program Officer - Lending (Washington, DC)

Local Initiatives Support Corporation
Emma highlights
This highlight was written by Emma’s AI. Ask Emma to edit it.
Full-time

USD75.4K - 100K/year

~COP150M - 200M/year

+ Equity

+ Bonuses

location_on
Washington, District of Columbia, United States
skeleton-gauges
You have opted out of job matches in .
To undo this, go to the 'Skills and Interests' section of your preferences.
Review preferences
Posted over 2 years ago

Requirements and responsibilities

Since 1979, LISC and its affiliates have invested approximately $29.7 billion in businesses, affordable housing, health, educational mobility, community and recreational facilities, public safety, employment, and other projects that help to revitalize and stabilize underinvested communities. Headquartered in New York City, LISC’s reach spans the country from East coast to West coast in 38 markets with offices extending from Buffalo to San Francisco and in 2,400 rural counties across 49 states and Puerto Rico. LISC DC is seeking a Program Officer to join its community development lending program in the DC Region. The Program Officer will help to grow LISC DC’s lending pipeline, from loan origination, to underwriting, closing, and asset management to support LISC’s strategic priorities and comprehensive approach to equitable development. Primary responsibilities include identifying opportunities; providing technical assistance to nonprofit and local borrowers; initial vetting of projects and borrowers; structuring financing that meet those needs; and developing key partnerships with public and private leaders. Responsibilities: - Serve as one of two primary underwriters who originates, structures, and underwrites financing requests for real estate projects that create more equitable outcomes in the DC Region. - Evaluate mission alignment of proposals, management capacity of sponsors, organizational structure, and financial feasibility. - Conduct due diligence and financial analyses, draft credit memoranda, and present loan recommendations to LISC’s national Credit Committee and the LISC Board of Directors, as applicable. - Work with community development partners to help them craft financing strategies, access public subsidies, and secure private financing to assure successful project execution. - Develop and implement a local lending strategy which responds to unmet needs in the housing and commercial market. - Coordinate internal and external relationships that are critical to growth of LISC DC’s lending portfolio including relationships with LISC Housing and LISC Policy staff and other national and local staff, originators of LIHTC and NMTC transactions via LISC affiliates NEF and NMSC, financial institutions and other program partners. - Develop strategic collaborations with public sector agencies at the local level. - Represent LISC as an expert on community development lending and share best practices to community partners and stakeholders, as well as at regional and national conferences, trainings, and events. - Perform additional duties, as required.
This job opening is closed.
Optionally, you can add more information later (benefits, pre-screening questions, etc.)

Thank you

Thank you

check_circle

Payment confirmed

Torre Hunt

Torre Hunt

A member of the Torre team will contact you shortly

In the meantime, continue adding information to your job opening.