REPORTS TO: Managing Director, Financial Consulting STATUS: Full-Time (40 hours/week), Exempt STARTING SALARY: FC $135,000 - $147,500 / Senior FC $155,000 - $165,000 LOCATION: Hybrid IN CALIFORNIA (or Remote IN CALIFORNIA)

This is a

hybrid position

that requires a

minimum, in-office presence of one day per week

from either our San Francisco, Sacramento, or Los Angeles office (or optionally, remote from

WITHIN CALIFORNIA

if commute distance would prove a hardship). We are hiring for

ONE

position at one the following levels of seniority, depending on qualifications and experience: Financial Consultant Senior Financial Consultant ABOUT THE ROLES

The California Housing Partnership (the \"Partnership\") is seeking to hire ONE (1) Financial Consultant (\"FC\") or Senior Financial Consultant (“SFC”) to join our Financial Consulting team. Unlike typical financial advisors, the Partnership’s Financial Consulting staff do not see themselves as third-party consultants whose sole task is to run financial projections and advise on important financial decisions. Because we take to heart the part of our mission that focuses on building the long-term capacity of our clients, who we see as long-term partners, Financial Consultant staff must be able and willing, after appropriate training, to provide intensive coaching and mentoring to less experienced project managers from our partner organizations as well as to engage more experienced project managers and Directors of Housing Development in detailed conversations about the pros and cons of various approaches to financing their developments and tips on avoiding pitfalls in the development process. Financial Consultant staff also provide inside information on the latest trends in pricing and likely changes to program regulations and funding sources before they change. BASIC DUTIES & RESPONSIBILITIES

FINANCIAL CONSULTANTS (\"FCs) and SENIOR FINANCIAL CONSULTANTS (\"SFCs\") are responsible for advising clients on financial strategies to structure and maximize equity and bond or loan proceeds raised, selection of equity investors and lenders, and negotiation of deal terms, preparation of financial projections and assistance in obtaining funding from a large array of competitive programs including, but not limited to: Tax-Exempt Private Activity Mortgage Revenue and 501(c)3 Bonds Federal 9% and 4% Low Income Housing Tax Credits and State of CA Tax Credits State of California Housing and Community Development (HCD) programs including: Affordable Housing and Sustainable Communities (AHSC); No Place Like Home (NPLH); Homekey; and Multifamily Finance Super NOFA which includes Veterans Housing and Homelessness Prevention Program (VHHP), Multifamily Housing Program (MHP),Joe Serna Jr. Farmworker Housing Grant (FWHG), and Infill Infrastructure Grant (IIG) California Housing Finance Agency (CalHFA) Mixed Income Program (MIP) and tax-exempt permanent loan and bond issuance programs State and local government HOME, CDBG, Permanent Local Housing Allocation (PHLA) and local trust funds McKinney Supportive Housing Program USDA Rural Development programs Project-based Section 8 Vouchers and contract extensions HUD multifamily and public housing programs, including Rental Assistance Demonstration (RAD), Section 8 PBRA contracts, 202/811 recapitalizations, FHA mortgage insurance, MAHRA, and Preservation programs Federal Home Loan Bank AHP Program Other federal, state and local funding sources After an appropriate training period, FCs and SFCs also must be able to: Independently run the Partnership’s in-house proforma considering all of the above funding sources, their rules and interactions. Provide expert advice to nonprofit and local government housing agency partners regarding the optimal use of all the financing programs and services described above. Provide expert consulting services on syndication and resyndication structuring, including a strong understanding of tax and financial concepts, as well as investor negotiating strategies. Provide expertise to our partners on exit strategies for projects where Tax Credits are reaching the end of their 15-year compliance period by analyzing project economics, tax and regulatory considerations, and assisting partners in structuring a financing plan that employs innovative techniques to ensure that the nonprofit sponsor can retain ownership of the project with minimal out-of-pocket cash requirements. While the primary duties are providing financial consulting services for nonprofit and local government housing agencies, FCs and SFCs must also assist in designing and delivering training programs on the above topics, including training sessions for the Housing Development Training Institute (HDTI) conducted by the Partnership. Similarly, they must be able and willing to provide expert technical assistance to the staff of nonprofit and local government housing agencies regarding the same list of topics. Finally, FCs and SFCs, like other Partnership employees, must periodically assist with basic office administrative functions consistent with a small nonprofit organization. QUALIFICATIONS & REQUIREMENTS FINANCIAL CONSULTANT: Our ideal candidate is someone with current and advanced knowledge in affordable multifamily housing development and financing. Those with experience in applying for and structuring tax-exempt bonds, recent project management experience with a LIHTC housing developer, and/or experience in delivering or designing related trainings are highly encouraged to apply. With this, we are seeking individuals that are detail-oriented, self-starters, possess strong organizational skills and the ability to multitask overlapping deadlines and assignments, and have strong interpersonal and communication (verbal and written) skills. We recognize that each applicant for this role will bring unique skills, knowledge, experiences, and background to this position. We welcome diverse experiences and perspectives in our applicant pool, and at a minimum are seeking candidates who possess the following: At least four (4) years' experience in affordable multifamily housing development and financing.

Master’s degree in a directly related field may substitute for up to one year of work experience.

Detailed knowledge of current multifamily financing techniques and resources including the rules of at least the most important financing programs listed. Extensive hands-on experience with the Low Income Housing Tax Credit (LIHTC) program including experience preparing LIHTC applications with minimal supervision and detailed knowledge of LIHTC investment structuring and analysis. Extensive experience in developing and running multifamily rental real estate proformas. Knowledge of and ability to communicate about affordable rental housing policy issues. Proficiency with Apple computers and various cloud-based tools such as Salesforce, DropBox, Google Drive, and Microsoft OneDrive or willingness and ability to learn such tools. Expert level ability with Microsoft Office products including Excel, Word and PowerPoint. Alignment with the Partnership’s stated mission as well as core organizational and equity values as demonstrated by prior work and life experience. Ability and willingness to travel within California SENIOR FINANCIAL CONSULTANT: Our ideal candidate is someone with current and advanced knowledge in affordable multifamily housing development and financing. Those with recent project management experience with a LIHTC housing developer and/or experience in delivering or designing related trainings are highly encouraged to apply. With this, we are seeking individuals that are detail-oriented, self-starters, possess strong organizational skills and the ability to multitask overlapping deadlines and assignments, and have strong interpersonal and communication (verbal and written) skills. We recognize that each applicant will bring unique skills, knowledge, experiences, and background to this position. We welcome applicants with diverse experiences and backgrounds and especially encourage those with lived experience in affordable housing or housing insecurity to apply. At a

minimum

, we are seeking candidates who possess the following qualifications:

At least seven (7) years' experience in affordable multifamily housing development and financing.

Master’s degree in a directly related field may substitute for up to one year of work experience.

Detailed knowledge of current multifamily financing techniques and resources including the rules of at least the most important financing programs listed. Extensive hands-on experience with the Low Income Housing Tax Credit (LIHTC) program including experience preparing LIHTC applications with minimal supervision and detailed knowledge of LIHTC investment structuring and analysis. Extensive hands-on experience in at least one of the following:

Applying for and structuring tax-exempt bonds and State of CA HCD programs; Proforma modeling, including full tax analysis; and Lender/investor negotiations and document review.

Extensive experience in developing and running multifamily rental real estate proformas. Knowledge of and ability to communicate about affordable rental housing policy issues. Proficiency with Apple computers and various cloud-based tools such as Salesforce, DropBox, Google Drive, and Microsoft OneDrive or willingness and ability to learn such tools. Expert level ability with Microsoft Office products including Excel, Word and PowerPoint. Alignment with the Partnership’s stated mission as well as core organizational and equity values as demonstrated by prior work and life experience. Ability and willingness to travel within California COMPENSATION & BENEFITS PACKAGE The Partnership offers annual performance-based salary increases and maintains competitive compensation ranges. Starting salary is determined based on the candidate’s experience, knowledge, and skill level. The salary range for each position level is as follows: Financial Consultant: $135,000 - $147,500 Senior Financial Consultant: $155,000 - $165,000 BENEFITS The Partnership also offers a robust benefits package to all permanent employees working 20 or more hours per week, including: Medical Benefits:

100% employer-paid medical, dental, and vision insurance 80% premium coverage for dependents Medical waiver subsidy for employees who opt out of health insurance Employer-paid Health Reimbursement Account (HRA) covering up to $1,200/year for out-of-pocket medical expenses

Workplace Support:

Hybrid work model Employer-funded Specialty Reimbursement Account of up to $500 for home office equipment in the first year and $250 annually thereafter Cell phone and home internet reimbursement Office commuter subsidy of up to $220 per month

Financial Wellness:

403(b) retirement plan with employer contributions based on years of service Dependent Care Flexible Spending Account (FSA)

Time Off & Support:

Immediate paid time off (PTO) accrual and usage with no waiting period Access to an Employee Assistance Program (EAP) for mental health and personal support

ABOUT THE CALIFORNIA HOUSING PARTNERSHIP The Partnership is a dynamic nonprofit “think and do tank” providing critical technical assistance, training, applied research and policy leadership to increase the production and preservation of affordable and sustainable homes serving Californians who are low-income. To achieve this mission, the Partnership’s three technical assistance teams (finance, clean energy, applied research) work closely with a network of more than 60 mission-driven nonprofit and government housing agencies throughout California, as well as the nonprofit associations who represent them. A deep commitment to racial equity and inclusion grounds the Partnership’s work and policies – click here to learn more about our core equity values. An Equity Policy Advisory Board ensures that the perspectives and experiences of low-income renters also grounds our work – click here to learn more about this board. EQUAL OPPORTUNITY EMPLOYER The California Housing Partnership is an equal opportunity employer and is committed to creating a diverse, equitable, and inclusive workplace. We strongly encourage people of diverse backgrounds and identities to apply. For more information about the Partnership, visit our .

California Housing Partnership jobs

Financial Consultant or Senior Financial Consultant - Hybrid/CA