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Real Estate Finance Project Manager (Housing Comm Dev IV)

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Real Estate Finance Project Manager (Housing Comm Dev IV)

Salary

$85,318.48 - $142,197.95 Annually

Location

FAIRFAX (FH22), VA

Job Type

FT Salary W BN

Job Number

25-01088

Department

Housing & Community Dev

Opening Date

05/24/2025

Closing Date

6/6/2025 11:59 PM Eastern

Pay Grade

S29

Posting Type

Open to General Public

+ Description

+ Benefits

+ Questions

Job Announcement

Make a difference – join our team to empower communities and build futures!

The Fairfax County Department of Housing and Community Development works in partnership with the Redevelopment and Housing Authority to serve the people of Fairfax County by creating housing opportunities to promote inclusive and thriving communities. Help make our vision of a community everyone can afford to call home a reality!

HCD seeks a housing finance professional who wants to make a real difference in the community and grow professionally as part of one of the finest affordable housing teams in the nation. Join a team of passionate public servants who bring a full suite of policies, programs, and financial tools to help solve the affordability crisis. In addition to deploying the many lending tools and authorities of this unique agency, this position drives analysis and recommendations for real estate investments throughout the county. This position reports to the Division Director for Real Estate and Community Development Finance and is responsible for structuring and closing complex affordable housing financing transactions. The role includes underwriting loans and tax-exempt bonds, as well as structuring new debt and equity products, working collaboratively with other county departments, outside agencies and third-party developers, and financing partners is a critical part of this position.

The candidate must have a strong understanding of real estate and affordable housing finance and how to structure and negotiate real estate transactions for public benefit. The candidate will have experience in underwriting, negotiations, and project closings, as well as in housing programs and policy. The candidate assists in taking projects and funding requests through the county’s internal approval process, as well as obtaining funding awards from outside lending agencies and investors. The candidate will have strong project management, planning, communication, and analytical skills, as well as the ability to build relationships across sectors and partner with both internal and external stakeholders.

Read about Fairfax County Department of Housing and Community Development, click here. Review the Fairfax County Redevelopment and Housing Authority Fiscal Year 2024 annual report here.

We are committed to the One Fairfax Policy by intentionally considering equity when making policies, delivering programs and services, considering diverse ideas and perspectives, and communicating with transparency in the decision-making processes. Click here to learn more about the One Fairfax (https://www.fairfaxcounty.gov/topics/one-fairfax) policy.

Fairfax County Government offers a thriving career and workplace culture. Watch these videos to learn more:

+ Click here (http://www.ebmcdn.net/fairfax/fairfax-cable-viewer-vtt2-embed.php?viewnode=1222\_HR\_Benefits\_FFX) to watch a video on Working for Fairfax County Government

+ Click here (http://www.ebmcdn.net/fairfax/fairfax-cable-viewer-vtt2-embed.php?viewnode=0123\_NEOIILeaveOverview) to watch a video on benefits offered by Fairfax County Government.

The assigned program areas of this position are: Affordable housing finance, financial transactions, real estate finance, municipal bonds, Low-Income Housing Tax Credit (LIHTC).

Employment Standards

MINIMUM QUALIFICATIONS:

Any combination of education and experience and training equivalent to the following: (https://www.fairfaxcounty.gov/hr/equivalencies-education-and-experience) (Click on the aforementioned link to learn how Fairfax County interprets equivalencies for "Any combination, experience, and training equivalent to") Graduation from an accredited four-year college or university with a bachelor's degree in a related field of study such as planning, engineering, architecture, economics, construction science, business or public administration, finance, real estate, social work, public policy or other related field; Plus four years of experience related to an assigned program area.

CERTIFICATES AND LICENSES REQUIRED:

None

NECESSARY SPECIAL REQUIREMENTS:

The appointee to the position must satisfactorily complete a criminal background check.

PREFERRED QUALIFICATIONS:

+ Meaningful experience analyzing and executing real estate transactions.

+ Thorough understanding of affordable housing related market forces including real estate principles, supply and demand economics and other multifamily demand drivers.

+ Experience in affordable housing development financing and working knowledge of local, state and federal housing programs and financing tools, including LIHTC.

+ Demonstrated ability to build strong relationships with development partners, financing partners, funding agencies, and other entities.

+ Ability to successfully manage transactions of a varied and complex nature, organize multiple tasks and meet project deadlines.

+ Exceptional written and verbal communication skills, including the ability to communicate high-level information to a non-technical audience and expertise in synthesizing data and crafting a compelling narrative in presentations.

PHYSICAL REQUIREMENTS:

Work is generally sedentary in nature; however, incumbent is required to frequently move about to perform office work such as accessing files, attending meetings, making presentations, operating general office equipment, and performing other essential job duties; may be required to move items up to approximately 15 pounds in weight. Ability to read information on a computer monitor; effectively communicate; operate keyboard-driven equipment and computer. All duties performed with or without reasonable accommodations.

SELECTION PROCEDURE:

Panel interview.

The population of Fairfax County is very diverse where 38.7% of residents speak a language other than English at home (Spani­­sh, Asian/Pacific Islander, Indo-European, and others (https://www.fairfaxcounty.gov/demographics/fairfax-county-general-overview) ) and we encourage candidates bilingual in English and a foreign language to apply to this opportunity.

Fairfax County Government prohibits discrimination on the basis of race, color, religion, national origin, sex, pregnancy, childbirth or related medical conditions, age, marital status, disability, sexual orientation, gender identity, genetics, political affiliation, or military status in the recruitment, selection, and hiring of its workforce.

Reasonable accommodations are available to persons with disabilities during application and/or interview processes per the Americans with Disabilities Act. Contact TTY 703-222-7314. [email protected] EEO/AA/TTY.

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