Careers
Employment with The Housing Fund
As a nonprofit Community Development Financial Institution operating statewide in Tennessee, The Housing Fund and our partners work to create opportunity for underserved people and places. As a federally-certified CDFI, our role is to help make the finance and real-estate development sectors a catalyst for equitable growth and progress. We provide affordable and accessible loans, grants, and technical assistance to individuals, developers, and other nonprofits.
The Housing Fund provides employees with a hybrid (remote/in-person) work environment, competitive salaries based on skill and experience, and excellent benefits including health, disability and life insurances, a 401K savings plan with employer match, flexible spending accounts, professional development, paid vacation time, and an EAP program.
THF does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job-related disabilities, or status as a veteran.
Current Open Positions:
Compliance Manager
The Compliance Manager supports and advances The Housing Fund’s mission by reviewing the lending activities of the organization for compliance with local, state, and federal laws, including underwriting and file documentation. Recommendations for Policy changes will be presented by the Compliance Manager. The information and data obtained by the Compliance Manager is used in the results-based accountability framework to establish outcome measures and to positively impact both lending and reporting. This position is focused on reporting and review of all lending and grant programs. The Compliance Manager is a member of the leadership team and a senior role in the organization, reporting directly to the Chief Operating Manager.
Role Responsibilities:
- Revise procedures, reports etc. periodically to identify hidden risks or non-conformity issues.
- Set plans to manage a crisis or compliance violation and lead the response to compliance incidents, including detailed investigations and reporting.
- Assess the business’s future ventures to identify possible compliance risks.
- Keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control.
- Prepare reports for senior management and external organizations as appropriate.
Key Tasks & Duties:
- In partnership with the Chief Operating Manager, developing and implementing an effective legal compliance program.
- Creating sound internal controls and monitoring adherence to them.
- Documenting policy and compliance activities.
- Facilitating employee training sessions on legal and compliance issues.
- Advising the management on the company’s compliance with laws and regulations through detailed reports.
Education, Experience, Skills Required:
Bachelor’s degree required and/or three to five years of experience in a nonprofit lending
organization, real estate lending
organization, or related field or comparable combination of education and experience. Experience in coordination and management of diverse projects;
complete understanding of relevant lending
laws to ensure compliance with origination, closing, and loan servicing. Demonstrated
skills in Excel and
other data analytics. Expertise in group facilitation skills, focus groups,
and market segmentation.
An effective
Compliance Manager should showcase skills in legal compliance, analysis,
understanding of policies, and effective communication. This expertise helps
ensure the organization navigates the complex regulatory environment
effectively while maintaining operational efficiency and ethical standards.
To Apply For Position:
Please attach your resume and a cover letter with your salary requirement and email to Angela Belcher, COO, at [email protected].
Project Manager
The Project Manager will be responsible for activities associated with the construction management and pre-development activities. The Project Manager will provide quality control associated with all aspects of project proposals, site research, managing consultants, development of project capital, as well as, shepherding the emerging pre-development process.
The Project Manager will also assist with the Community Land Trust housing development in the service area and provide asset management for properties as needed. The Project Manager will work closely with THF staff in determining project development, new acquisition, and asset management simultaneously; as one of these components becomes a priority, the others are balanced accordingly within the function of the position.
Role Responsibilities:
Provide quality control of pre-development applications;
Conduct initial assessment of project feasibility, including expectations of local approvals process, rehab and/or new construction costs, and financial feasibility;
Carry out due diligence evaluation of sites, including evaluating appraisals, conducting inspections, assessing preliminary title reports, and environmental reviews;
Assist with the construction management of the Community Land Trust as needed;
Oversee the pre-development review and approval processes for specific developments;
Assist in selecting contractors and negotiating contracts for architectural, engineering, sustainability consulting and construction services. Assist in the coordination of the consultants throughout the development process;
Review pre-development and rehabilitation budgets and financial proforma to demonstrate economic feasibility and calculate subsidy requirements;
Coordinate inspections and oversee the progress payment process during construction/rehabilitation;
Complete required reports;
Communicate effectively to THF staff;
As needed, carry out other duties to advance the mission to create permanently affordable, environmentally sustainable homes in the community.
Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
- Demonstrated commitment to affordable housing and/or community development.
- Demonstrated ability to perform financial feasibility analysis.
- Demonstrated track record in real estate acquisition and finance.
- Ability to develop and maintain cooperative relationships with contractors and consultants, staff and board committees, residents and community members and organizations.
- Strong verbal communication skills and evidence of clear writing ability.
- Ability to identify problems and initiate timely corrective action.
- Demonstrated ability to work independently and to carry out multiple tasks simultaneously.
- Ability to work in a team environment including multicultural and community-based settings.
- Commitment to the principles, policies, and protocols of THF operations.
- Ability to use Microsoft Office Word, Excel and Outlook.
Preferred Qualifications:
- A college degree with four or more years of increasing responsibility working in the field of real estate lending or closely related fields, with credit analysis experience;
- Experience in developing and obtaining financing for at least one multifamily affordable housing development, or coordinating neighborhood revitalization or housing program.
- Knowledge/experience relevant to THF’s context: work with a community land trust, and/or experience with shared equity.
- Experience reporting to and maintaining relationships with funders.
To Apply For Position:
Please submit cover letter and resume to Rachel Kelley at [email protected].
Get In Touch
Contact [email protected] to be notified when we are hiring, or to inquire about the occasional internship opportunity.
