Multifamily Program Specialist

: Multifamily Program Specialist -(24140134)

This is a part time position

About the Department The Department of Commerce aims to make sure Montana is the best place to work, live and play. We work alongside private industry and local organizations to create jobs, grow businesses, develop affordable housing and improve community infrastructure.

(You can learn more about us here.)

About this Position

Montana Housing strengthens our vibrant communities by supporting access to safe, affordable and sustainable homes for Montanans whose housing needs are not met by the market. Montana Housing assists with buying a home, down payment assistance, mortgage servicing, Reverse Annuity Mortgages, rental housing assistance and multifamily rental development.

MBOH is administratively attached to the Department of Commerce and is one of three component units of the Commerce Housing Division, known in the community and conducting business as Montana Housing.

• Program planning, development and servicing of a variety of multifamily loans.

• Creating, executing and amending loan documents as appropriate.

• Analyzing Low Income Housing Tax Credits (LIHTC), bond and loan applications for financial and reasonable soundness.

• Producing portfolio performance reports and assisting in the presentation of loan portfolio assessments to the MBOH Board of Directors or other external audiences.

• Tracking development for LIHTC allocations and ensuring compliance with Montana's Qualified Allocation Plan.

• Participating in the preparation of bond structures, official statements, trust indentures, and closing documents to fund new projects and/or programs.

What are we looking for?

Education and Experience:

• A Bachelor's degree in accounting, finance, economics, business administration, public administration, or similar field preferred and

• 2-5 years job-related experience; and

• Alternate combinations of education and experience will be considered on a case-by-case basis.

Competencies:

Knowledge of:

• Spreadsheet design and management

• Use general office software (e.g., Microsoft Office Suite, Word, Excel, etc.) and specialized system applications.

• Real estate terminology

Ability to:

• Provide good customer service to multifamily developers/customers.

• Underwriting loans and amending mortgage documents.

• Multitask and adhere to deadlines.

How to apply

Apply online by submitting your resume . References will not be contacted until after interview process is completed and you will be notified when we will be reaching out to them. (Please Note: You do not need to complete the “work experience” or the “education & certifications” portion of the application process in our recruiting system. You only need to upload the requested documentation.)

Benefits

• Look here to see the additional benefits! They include:

o Work/life Balance

o Health Coverage

o Retirement plans

o Paid Vacation and Sick Leave and Holidays

o And more…

• Public Service Loan Forgiveness (PSLF) - Employment with the State of Montana may qualify you to receive student loan forgiveness under the PSLF. Look here to learn more and see if you may qualify!

Other important information to be aware of

• This position requires the successful completion of a criminal background check.

• Only online applications are accepted. By applying online, you can receive updates and monitor the status of your application.

• If you fail to upload the requested application documents and/or preference documents, we will notify you via email. Failure to upload these documents after notification will result in your application being removed from consideration.

• This position allows for a hybrid work schedule from a remote location within the State of Montana. Weekly travel to Helena offices will be required. Specific conditions will be outlined as part of the job offer and must adhere to state policy. New Employees may be required to complete training in person before hybrid work schedules begin.

First review will begin on January 25th, 2024 and continue weekly until filled.

Applicant Pool Statement : If another department vacancy occurs in this job title within six months, the same applicant pool may be used for the selection. Training Assignment : This agency may use a training assignment. Employees in training assignments may be paid below the base pay established by the agency pay rules. Conditions of the training assignment will be stated in writing at the time of hire. Salary: $ 30.45 - 30.45 Hourly Telework Eligibility : Telework Eligible (Full-time telework is not available. Telework schedule must be supervisor approved.) Benefits Package Eligibility : Health Insurance, Paid Leave & Holidays, Retirement Plan Number of Openings : 1 Employee Status : Regular Schedule : Part-Time Shift : Day Job Travel : Yes, 5 % of the Time Primary Location : Helena Agency : Department of Commerce Union : 000 - None Posting Date : Jan 12, 2024, 9:01:14 AM Closing Date (based on your computer's timezone) : Ongoing Required Application Materials : Resume Contact Name : Jessica Arnold | Contact Email : View email address on us.edajobs.com | Contact Phone : View phone number on us.edajobs.com