Community Development Finance Jobs in Washington, DC

Introduction

\r\n\r\n\r\n\r\nThis is a contractual position with State of Maryland benefits.\r\n\r\n\r\nWork that matters.The Maryland Department of Housing and Community Development (DHCD) is a national leader in the financing of affordable housing and revitalizing communities. This is an opportunity to join this nationally-recognized, award-winning organization and apply your skills to this high public purpose and challenging area. Annually, DHCD finances approximately 2,700 units of multifamily rental housing up to 40 properties amounting to $350 million in construction and permanent financing and over 3,000 first time homebuyers' mortgages amounting to $1 billion. Funding comes from a variety of sources, including state-appropriated funds, taxable and tax-exempt revenue bonds, federal low income housing tax credits, federal HOME funds and other federal funds. Additionally, DHCD administers rental assistance programs and innovative inititaves designed to expand affordable housing opportunities for persons with disabilities, increase the energy efficient and sustainability of affordable multifamily developments, and preserve rental housing.\r\n\r\n\r\nDHCD offers a flexible work schedule, telework and job sharing options, training, advancement and career path opportunities, casual business dress on Fridays, and competetive salary. There is ample parking and our offices are located in walking distance to the New Carrollton MARC Train Station.\r\n\r\n\r\n\r\n\r\n\r\n

GRADE

14\r\n\r\n\r\n\r\nThis position offers a salary range of $28.43 - 30.78/hourly with the potential for advancement up to $44.84/hourly based on qualifications, equity, and hiring guidelines. Initial salary offers are determined by qualifications, experience, and available budget, and typically do not exceed $30.78/hourly.\r\n

LOCATION OF POSITION

7800 Harkins Road\r\n\r\nLanham, MD 20706\r\n\r\n\r\nThe Maryland Department of Housing and Community Development is located in Prince George's County across from the New Carrollton Metro Stop.\r\n

POSITION DUTIES

The main purpose of this position is to account for all single-family loan, investment and bond transactions in two single family bond indentures, prepare the trial balance, and analyze account data that accurately reflects the financial condition of CDA's Single Family Bond Programs. By issuing single family bonds, CDA's programs provide affordable housing opportunities for low- and moderate-income people. Using the website, CDA provides timely information to investors thus enhancing the marketability of CDA bonds.\r\n\r\n\r\nThis position provides administrative and technical support of a financial nature to employees in CDA Finance and the Division of Development Finance, thereby supporting the goals of CDA and the mission of DHCD as described in MFR (Managing for Results) documents.\r\n

MINIMUM QUALIFICATIONS

\r\nEducation: Graduation from an accredited high school or possession of a high school equivalency certificate.\r\n\r\n\r\nExperience: Four years experience in rehabilitation or home improvement mortgage underwriting or loan analysis.\r\n\r\n\r\nNotes:\r\n\r\n\r\n1. Applicants may substitute pertinent volunteer and/or part-time experience is acceptable. Please document the number of hours spent per week in this type of experience on the employment application form.\r\n\r\n\r\n2. Applicants may substitute education at an accredited college or university on a year-for-year basis for up to two years of the requiredexperience.\r\n\r\n\r\n3. Candidates may substitute U.S. Armed Forces military serviceexperience as a non-commissioned officer in the FinancialAnalysis classification series or Financial Analysis specialty codeson a year-for-year basis for the required experience.\r\n \r\n\r\n

DESIRED OR PREFERRED QUALIFICATIONS

\r\n\r\n\r\n Experience in mortgage lending.\r\n Experience with mortgage processing.\r\n Experience with mortgage titles or\r\n mortgage closing.\r\n\r\n\r\n\r\n

LICENSES, REGISTRATIONS AND CERTIFICATIONS

Employees in this classification may be assigned duties which require the operation of a motor vehicle. Employees assigned such duties will be required to possess a motor vehicle operator's license valid in the State of Maryland.\r\n

SELECTION PROCESS

Please provide sufficient information on your application to document that you meet the minimum qualifications for this recruitment. Unofficial transcripts, certifications, or diplomas to document educational or certification qualifications are required. Educational credentials from foreign countries must be evaluated by an approved education review service. This evaluation must be submitted with your application. For further information, you may call International Consultants of Delaware, Inc. (302) 737-8715 or World Education Services Inc. 1-800-932-3897 or (202) 331-2925. Successful candidates will be placed on the employment (eligible) list for at least one year. Eligible list may be used to fill future vacancies of the same classification.Successful candidates must document eligibility to work in the U.S. upon hire.\r\n\r\n\r\nPlease note: The Maryland Department of Housing and Community Development is not sponsoring new employees in application of the H-1B Visa at this time due to budgetary constraints. All applicants must be legally authorized to work in the United States under the Immigration and Reform Control Act of 1986. Federal regulations prohibit H-1B Visa candidates from paying sponsorship fees, all sponsorship fees must be assumed by the potential employer.\r\n

EXAMINATION PROCESS

The examination will consist of a rating of your education, training, and experience related to the requirements of the position. You may be required to complete a qualifications supplement, or the rating may be based on your application. Therefore, it is important that you provide complete and accurate information on your application. Report all experience and education that is related to this position.\r\n

BENEFITS

Contractual employees who work for an agency covered under the State Employee and Retiree Health and Welfare Benefits Program, have a current employment contract and work 30 or more hours a week (or an average 130 hours per month) may be eligible for subsidized health benefits coverage for themselves and their dependents. As a contractual employee, you will be responsible for paying 25% of the premiums for your medical and prescription coverage, including any eligible dependents you have enrolled. The State of Maryland will subsidize the remaining 75% of the cost for these benefits. You can also elect to enroll in dental coverage, accidental death and dismemberment insurance, life insurance, but will be responsible to pay the full premium for these benefits.\r\n\r\n\r\nLeave may be granted to a contractual employee who has worked 120 days in a 12 month period. This leave accrues at a rate of one hour for every 30 hours worked, not to exceed 40 hours per calendar year.\r\n\r\n\r\n\r\n

FURTHER INSTRUCTIONS

\r\n\r\nOnline applications are STRONGLY preferred. However, if you wish to submit a paper application, you may mail your application and materials to:\r\nMiles Peterson\r\nDepartment of Housing and Community Development\r\nOffice of Human Resources\r\n7800 Harkins Road, Lanham, MD 20706\r\nAll application materials must be received by the filing deadline. If you are unable to upload your transcripts into the system, please send via email to miles.peterson@maryland.gov. Please include the following information in the body of the email:\r\n\r\n Attn: Miles Peterson, HR Generalist\r\n Your First and Last Name\r\n Recruitment #\r\n Classification (Job Title) of Recruitment\r\n\r\nIncorrect application forms, or resumes in place of the application, will not be accepted. If you are interested in these positions and cannot apply online please fill out the paper application. For questions concerning these positions, please call 301-429-7566.\r\nTTY Users: call via Maryland Relay.\r\nWe thank our Veterans for their service to our country, and encourage them to apply.\r\nAs an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State's diversity.\r\n\r\n\r\n