Director of Rental Housing Programs

Join Virginia Housing and help make a difference as a Director of Rental Housing Programs.

Virginia Housing is one of the nation’s premier housing finance agencies. Our mission is to help Virginians attain quality, affordable housing, which we accomplish through our public-private partnerships.

We are focused on employee engagement and committed to a healthy and diverse workforce. We offer on-site conveniences such as a fitness center and free parking. Educational opportunities to help your advancement are available through classroom and online programs.

This important role develops, directs, and supports all activities related to the Virginia Housing’s Multifamily Lending Program. The role includes establishing the short-term and long-term strategic objectives for the program. The position leads the Authority in establishing and maintaining key partnerships with stakeholder groups and organizations that ultimately enables Virginia Housing to provide Rental Housing for low to moderate-income households utilizing taxable and tax-exempt financing tools. The Director participates in local, regional, state and national efforts to further promote Virginia’s strategic affordable housing efforts.

The role is highly interactive with our state and federal tax credit programs and due to their competitive nature, the position is at times called on to manage stakeholder tension and/or assist in providing conflict resolution.

To be successful in this role you must possess:

• Bachelor's degree or equivalent work experience.  Master's degree in business, finance, land use planning, real estate or related major is preferred.
• 10 + years experience in commercial mortgage underwriting and lending programs to include managing or directing commercial multifamily programs.
• A working knowledge of tax-exempt bond financing.
• Several years of broad experience in both commonplace and unusual work situations and problems associated with multifamily construction, lending and affordable housing finance.
• Proven track record in soliciting, establishing, and maintaining working relationships to include both for-profit and non-profit multifamily development teams.
• Previous management experience.  
• Strong public speaking presence and the ability to create effective presentations with Microsoft PowerPoint.
• Ability to effectively communicate with Business Partners, Local Governments, Elected Officials, Housing Authorities, Syndicators, Investors, lending institutions and other State Allocating agencies.
• Ability to handle difficult conversations with tact, and to enforce strict requirements while being challenged.
• Demonstrated ability to make decisions that produce high-quality results by applying technical knowledge and analyzing problems.
• The highest ethical and confidentiality standards and the desire to improve processes and customer service whenever possible.

The ideal candidate would also have active experience in affordable housing lending that includes in-depth understanding of the Low-Income Housing Tax Credit Program (LIHTC).

Applications and resumes are accepted online only at http://www.virginiahousing.com/careers.

This position will close at midnight on January 21, 2024

Hiring Range: $157,720 – $205,034

Background and credit checks will be performed as a condition of employment.

Internal applicants

MR 12 - Please review relevant HR policy under 'Employment Practices' on the Zone before applying.

Apply through the Zone or at http://employees-virginiahousing.icims.com/.

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