EXTERNAL JOB POSTING
Job Title: Assistant Development Specialist - Housing
Biweekly Salary: $4,460 (Step 1) - $5,421 (Step 5)
Annual Salary: $115,960 (Step 1) - $140,946 (Step 5)
Final Filing Date: March 15, 2024 COB
The San Francisco Office of Community Investment and Infrastructure (OCII or Agency) is seeking an Assistant Development Specialist in our Housing Department. The Housing Division oversees the development of a portfolio of publicly-owned parcels into high quality affordable housing to meet the housing needs of low- and moderate-income San Franciscans. With an active pipeline of projects in the Transbay, Mission Bay, and Hunters Point Shipyard/Candlestick Point neighborhoods, OCII pursues innovative affordable housing programming and financing, and values sustainable and creative design. A description of OCII’s housing activities and our Annual Housing Production report are found here.
BRIEF DESCRIPTION:
The Assistant Development Specialist in the Housing Division is responsible for handling a broad range of duties associated with the administration of OCII’s affordable housing development obligations, including loan or grant documentation, loan closings, disbursements, construction loan close-outs and reporting functions. A strong candidate would have a solid background in standard real estate practices, including handling financing documents and coordination title and escrow, and able to collaborate effectively with multiple stakeholders. Direct affordable housing development transactional and finance experience, and notary commission is desirable but not required.
JOB RESPONSIBILITIES:
The following list of duties and tasks represents the primary job responsibilities:
Coordinate construction loan closings in collaboration with OCII staff, other lending agencies, borrowers, and grantees, (other funding sources may include Low Income Housing Tax Credits, tax-exempt bonds, State of California housing program funds, federal housing program funds, annual operating and services subsidy, and rental assistance);
Work closely with title company escrow officers during construction loan closings;
Coordinate with housing, asset management, and fiscal staff for project funding encumbrances and disbursements;
Review, process for payment, and monitor recurring disbursement requests from borrowers, including tracking project progress, identifying and elevating problem situations, analyzing spreadsheets and invoices, and drafting approval memos to submit for payment;
Assist with closing out loans at permanent financing conversion;
Process loan repayments in coordination with fiscal and asset management staff;
Assist with drafting and review funding transactional documents agreements;
Assist, the Housing Program Manager with other tasks such as various reporting and tracking requirements;
Assisting Development Specialists shepherd and control document routing for review and approval;
Maintain organized and accurate real estate records and appropriately account for all original real estate transactional documents;
Interface in a professional manner with OCII colleagues, City staff, outside parties, and community stakeholders;
Knowledge of software programs such as MS Office Suite;
Perform related duties as required.
MINIMUM QUALIFICATIONS:
Any combination of experience and training that would provide the required knowledge and abilities is qualifying. A typical way to obtain the required knowledge and abilities would be:
Two years of technical and professional work experience in real estate, economic development, housing and project development.
Equivalent to a Bachelor's degree from an accredited college or university with major course work in planning, public or business administration, real estate development, or a related field.
BENEFITS:
For your Health & Welfare Benefits
Medical/Dental/Vision
Basic Life Insurance & Accident, Critical Illness & Hospital Indemnity
Supplemental Life Insurance (with optional dependent coverage)
Health Care and Dependent Care Flexible Spending Accounts
Employee Assistance Program
For your Financial Future
CalPERS Pension Program-estimated 10.50% Classic Employee Contribution; 11.50% for PEPRA Employee Contribution
Short-term Disability Insurance
Long-Term Disability Insurance
Deferred Compensation Plan
For your Work/Life Balance
Paid holidays
Vacation and sick leave accrual
Commuter Benefits Program
Wellness Program
APPLICATION PROCESS:
Applicants must submit and complete an application packet consisting of an OCII Job Application, resume, and cover letter. Materials can be found at here or at www.sfocii.org under Employment Opportunities.
PACKETS CAN BE EMAILED, FAXED OR MAILED TO:
EMAIL: careers.ocii @sfgov.org (PDF FORMAT ONLY) with name of position in subject line
FAX: (628) 652-1521
MAIL: Office of Community Investment and Infrastructure
Human Resources Department – Attn: April Ward
1 South Van Ness Avenue – 5th Floor
San Francisco, CA 94103
Failure to submit all requested materials by the deadline will result in rejection of the application.