Development Officer - Multi-Family

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About the Department

The City of San José Housing Department is a leader in the development of affordable housing. Its mission is to strengthen and to revitalize our community through housing and neighborhood investment. The Housing Department provides loans for the development of affordable housing and manages a portfolio of over 17,000 housing units with a total value that exceeds $700 million. Over the next five years, the City Council has a goal of creating 25,000 housing units, 10,000 of which will be affordable. The Housing Department has an operating budget of approximately $19 million and 112 employees. The Housing Department is committed to creating and supporting a diverse work environment with a staff that values inclusion.

The Development Officer will be assigned to the Multifamily Project Development Program and will manage all phases of affordable housing lending. The position will oversee activities and programs within the Affordable Housing Production Division. The Development Officer reports to a Senior Development Officer.

Position Duties

The Development Officer will be responsible for reviewing the structure of multi-family financing proposals for new construction and preservation of affordable housing. Tasks will include, but not be limited to: working with affordable housing developers and community groups to proactively manage affordable housing projects from the earliest stages through completion; underwriting loans for the production, rehabilitation and preservation of affordable rental housing with tax credit and/or tax-exempt bond financing, with a focus on determining feasibility and effect on the City’s repayments, risks and policy objectives; reviewing financial statements and proformas for feasibility; managing support staff.

The ideal candidate for this position will be comfortable working in a diverse environment and have extensive experience at a management level in banking, lending or real estate development with a strong underwriting, loan servicing and regulatory compliance background. In addition, the ideal candidate will be a team player and have demonstrated values that align with the City of San Jose’s values of: Integrity, Innovation, Excellence, Collaboration, Respect, Celebration and Diversity.

Minimum Qualifications

Education and Experience

Bachelor’s Degree from an accredited college or university in Planning, Housing, Geography, Economics,

Business Administration, Public Administration, Political Science, Sociology or related field and four (4) years of increasingly responsible directly related work experience, including one (1) year performing work of a similar nature and level as Development Specialist with the City of San José.

Acceptable Substitution

Additional related experience may be substituted for the education requirement on a year-for-year basis.

Required Licensing (such as driver’s license, certifications, etc.)

Possession of a valid State of California driver’s license may be required for some assignments.

Other Qualifications

Desirable Qualifications

The ideal candidate will possess the most desirable combination of training, skills and experience, as demonstrated in past and current employment history. Desirable experience, knowledge and skills for this position include:

1. Experience with affordable housing principles and policies; and state and federal governmental lending in support of affordable housing development.

2. Experience with the principles and processes of loan underwriting for the production, rehabilitation and preservation of affordable multi-family rental properties and single family properties.

3. Familiarity with the California Redevelopment law on affordable housing, and inclusionary policies and procedures.

4. Ability to establish excellent working relationships with outside organizations, City staff, and key stakeholders.

5. Ability to organize, work effectively and to successfully manage multiple projects and processes, including preparing complex reports for City executive staff, and meet deadlines in a high pressure environment.

6. Ability to carry out detailed analytical assignments and make sound judgments and recommendations.

7. Excellent oral communication skills.

8. Excellent written communication skills.

9. Proficiency using the following software/computer applications listed: MS Word, Excel, and PowerPoint software.

10. The ability to plan, direct, and delegate the work of others; ability to stimulate and motivate the work of subordinates.

11. The ability to manage and operate in a collaborative, cooperative and diverse team environment with honesty and integrity.

12. A demonstrated track record of cultural competency and a commitment to serving a diverse constituency.

Competencies

The ideal candidate will possess the following competencies, as demonstrated in past and current employment history. Desirable competencies for this position include:

Job Expertise - Demonstrates knowledge of and experience with applicable professional/technical principles and practices; Citywide and departmental procedures/policies and federal and state rules and regulations. Demonstrates increasingly responsible experience in general management/administrative analytic work related to human resources assignments in the areas of recruitment, benefits and compensation, workers compensation, health and safety, training, and performance management.

Communication Skills - Effectively conveys information and expresses thoughts and facts clearly, orally and in writing; demonstratives effective use of listening skills and displays openness to other people’s ideas and thoughts.

Creativity - Addresses objectives and problems while questioning traditional assumptions/solutions in order to generate creative ideas and new ways of doing business; exhibits creativity and innovation when contributing to organizational and individual objectives; seeks out opportunities to improve, streamline, reinvent work processes.

Leadership - Leads by example; demonstrates high ethical standards; remains visible and approachable and interacts with others on a regular basis; promotes a cooperative work environment, allowing others to learn from mistakes; provides motivational supports and direction.

Supervision - Sets effective long and short-term goals based on a good understanding of management practices; establishes realistic priorities within available resources; provides motivational support; empowers others; assigns decision-making and work functions to others in an appropriate manner to maximize organizational and individual effectiveness.

Teamwork & Interpersonal Skills - Develops effective relationships with co-workers and supervisors by helping other accomplish tasks and using collaboration and conflict resolution skills.

Additional Information:

Employment Eligibility: Federal law requires all employees to provide verification of their eligibility to work in this country. Please be informed that the City of San Jose will NOT sponsor, represent or sign any documents related to visa applications/transfers for H1-B or any other type of visa which requires an employer application.

Please note that applications are currently not accepted through CalOpps or any other third party job board application system.

This recruitment may be used to fill multiple positions in this, or other divisions or departments. If you are interested in employment in this classification, you should apply to ensure you are considered for additional opportunities that may utilize the applicants from this recruitment.

Please allow adequate time to complete the application and submit before the deadline or the system may not save your application. If your online application was successfully submitted, you will receive an automatic confirmation email to the email address you provided. IF YOU DO NOT RECEIVE THE CONFIRMATION, please email CityCareers@sanjoseca.gov and we will research the status of your application.

The City of San Jose offers a wide range of core health benefits including Medical, Dental, Vision, Employee Assistance Program, Life Insurance, Disability, and Savings Plans. Please visit the City's benefits pagefor detailed information on coverage, cost, and dependent coverage.

For information on the City’s Retirement Plan(pension for full-time employees), please visit the Office of Retirement Services website. You will be able to view information based on different Sworn/Federated job classification.

In additional to the benefits above, there is an additional perks siteto explore further benefits of working for the City of San Jose like paid leave, educational reimbursements, and holiday pay are specific to the job classification and union membership.

Closing Date/Time: 11/4/2024 11:59 PM Pacific

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• City of San Jose

• 408-535-1285

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