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Affordable Housing Program & Finance Manager (Housing Advocacy & Community Development)
SALARY
The minimum salary is $75,306.40 annually.
This position is not eligible for overtime (exempt); however, the city has a compensatory time leave program for employees that grants leave time for hours worked in excess of forty hours.
Pay Grade 526
This position is not eligible for overtime (exempt); however, the city has a compensatory time leave program for employees that grants leave time for hours worked in excess of forty hours.
Pay Grade 526
FILING DEADLINE DATE
Open until filled
GENERAL DESCRIPTION
The purpose of this classification is to work with the Affordable Housing Board to study housing market conditions, propose affordable housing programs, evaluate the financial design of proposed affordable housing projects, and coordinate with government and partner agencies to monitor and evaluate affordable housing in Lexington.
MINIMUM REQUIREMENTS
- Bachelor's degree in Business, Finance, Accounting, Public Administration or a field related to the job
- Six (6) years of related experience with housing developments and financing
- Additional years of related education may substitute for years of experience
- Additional years of related experience may substitute for years of education
ESSENTIAL FUNCTIONS
- Applies deep knowledge of single-family and multi-family developments and affordable housing finance, including loans, grants, tax credits, bonds and mortgage structures
- Reviews and analyzes applications from housing developers, including complex financial and development data
- Ability to make independent, high-impact decisions that affect multi-million-dollar funding
- Decides whether projects are financially sound, using detailed math and underwriting methods
- Recommends projects to receive funding and presents recommendation to the Affordable Housing Board of Directors
- Works with the Law Department to finalized contracts and complete financing process
- Ensures compliance with all Affordable Housing Fund requirements
- Prepares activity reports and presentations for the Board of Directors, city officials and the public
- Performs affordable housing research and studies including strategic planning and assessing housing needs in Lexington
- Supervises the Affordable Housing Specialist position
- Performs other duties as assigned
SPECIAL REQUIREMENTS
All positions require drug testing and background check before employment and may require a post-job offer physical as stated in Ordinances 21-14(b), 22-13 and 23-16
HOW TO APPLY
Submit LFUCG electronic application through lexingtonky.gov/jobs and attach/upload applicable documents to verify your education, training, certification/license(s), or DD214 (for military preference with appropriate discharge) by filing deadline date.
RESUMES CANNOT BE SUBSTITUTED FOR THE APPLICATION, but are highly encouraged to be attached/uploaded to the application.
Please note that the section titled "Application Questionnaire" has to be completed every time a new or revised application is submitted. Even if other information is pre-filled, the Questionnaire does not transfer.
***APPLICANTS WHO FAIL TO COMPLETE THE ELECTRONIC APPLICATION IN ITS ENTIRETY WILL NOT BE CONSIDERED FURTHER***
RESUMES CANNOT BE SUBSTITUTED FOR THE APPLICATION, but are highly encouraged to be attached/uploaded to the application.
Please note that the section titled "Application Questionnaire" has to be completed every time a new or revised application is submitted. Even if other information is pre-filled, the Questionnaire does not transfer.
***APPLICANTS WHO FAIL TO COMPLETE THE ELECTRONIC APPLICATION IN ITS ENTIRETY WILL NOT BE CONSIDERED FURTHER***
CLOSING STATEMENT
Lexington-Fayette Urban County Government offers an outstanding benefits package. Links to our most popular benefits are below:
- Health and wellness benefits: lexingtonky.gov/benefits
- Paid and unpaid time off benefits: lexingtonky.gov/working/employee-handbook#chapter-4-paid-and-unpaid-time-off-benefits
- Direct deposit is required of all employees.
The LFUCG is an Equal Employment Opportunity (EEO) employer, and as such is committed to nondiscrimination on the basis of race, color, religion, sex, age, national origin, disability, sexual orientation or gender identity in hiring, promotion, discharge, pay and other aspects of employment.
CONTACT INFORMATION
For further information, call, e-mail, or visit:
Division of Human Resources
200 East Main St.
Lexington, KY 40507
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