Career Opportunity

Real Estate Analyst (1823 - SENIOR ADMINISTRATIVE ANALYST REAL ESTATE DEVELOPMENT)

Recruitment: RTF0137352-01149565

Published: March 19, 2024

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About:

Important Information - In order to be consider for this position you must provide a response to the two (2) Supplemental Questions.  Instructions and Supplemental questions are listed below under Additional Information.

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Mayor’s Office of Housing and Community Development (MOHCD) 

MOHCD’s mission is to address social, economic, and racial inequities through the creation of affordable housing opportunities and the funding of essential services that are foundational for strong communities.  We are industry leaders in financing the development, rehabilitation and preservation of affordable housing.  Through our financing, we strengthen the social, physical and economic infrastructure of San Francisco’s low-income neighborhoods and communities in need. We actively collaborate with community-based organizations, non-profits, affordable housing developers, and other City agencies and staff, in our pursuit of a more equitable and affordable San Francisco.  In our hiring practices, we strive to build teams that reflect the diversity of our City and the populations we serve, and we urge qualified candidates of all races, ethnicity, sexual orientation, and gender identity to apply.    

MOHCD’s Housing Division 

MOHCD’s programs are organized into three divisions: Housing, Community Development, and Homeownership/Below Market Rate programs. The Housing division focuses on creating housing policies and funding programs that create safe, stable, and affordable housing.  We are recognized nationally for our ground-breaking work including transforming public housing through the HOPE SF and RAD initiatives, stabilizing communities through the anti-displacement efforts of our Small Sites Program and increasing the number of affordable housing opportunities across the widest range of household incomes by advancing new housing production and inclusionary housing policies.  Our diverse staff and leadership work together to: 

• Monitor the long-term affordability and physical viability of the City’s publicly assisted affordable housing portfolio of over 28,000 units, providing funding for needed repairs and upgrades to ensure sustainable operations and habitability for residents. 
• Guide and coordinate citywide housing policies under the direction of the Mayor and through collaboration with the Board of Supervisors. 
• Incubate new programs, initiatives, and financing tools that further our production and preservation activities. 
• Conduct program evaluation and research to document housing needs and trends and communicate accomplishments to elected officials, collaborating partners, and the public at large. 
• Provide support to various City partners on affordable housing development Citywide. 

Role description

Under general supervision of MOHCD, the 1823 Real Estate Analyst performs multifamily housing development work on Department of Homelessness and Supportive Housing HSH supported projects, including planning, development, implementation, monitoring, and evaluation assignments; coordinates the development of plans and programs; conducts and coordinates studies and surveys; reviews more difficult projects to ensure compliance with applicable Federal, State, and local laws, regulations and procedures; provides technical assistance to project staff and other agencies; and performs related duties as required. The 1823 Real Estate Analyst will work within the MOHCD department and coordinate with the HSH Real Estate Team, in order to deepen understanding of affordable housing transactions and processes within the City.

Essential functions include, but are not limited to:  

• Coordinate and plan real estate projects for HSH in partnership with MOHCD for acquisition, preservation, rehabilitation, or construction on multifamily housing sites or shelters, including service sites.  
• Review and make recommendations regarding the work programs, development budgets, construction budgets, operating budgets, services and proposed activities of Sponsor receiving housing funds to ensure compliance with underwriting guidelines and processes;  
• Prepare, review, and execute contracts and other necessary documents and fiscal payments to Sponsors receiving housing funds;  
• Collect and evaluate performance data from non-profits partners and Sponsors, and prepare written evaluation reports for colleagues; 
• Provide technical assistance, information, and advice to representatives of various organizations and Sponsors seeking City housing development funds; 
• Assist in evaluating and recommending effective project plans to management and colleagues; 
• Review and recommend improvements and modifications concerning construction plans and budgets; 
• Meet with public agencies, Sponsors, architects, development teams and contractors to outline funding program requirements and procedures; 
• Monitor progress of construction, including site visits, and processing payments; 
• Review and make recommendations on proposals for housing for City funding and/or special project funding; 
• Collect data and prepare a wide variety of reports, memoranda, and correspondence related to housing and supportive services activities as required by Federal regulations; and  
• Other duties as assigned. 

Desired Qualifications: 

• A minimum of 4 years of relevant experience in affordable housing development and/or real estate finance, preferably in San Francisco. 

• Possession of a Master’s degree from an accredited college or university in a field related to real estate development, planning, business, public policy, or finance.  
• Direct experience in the development and/or management of affordable housing assets including new construction, acquisition/rehabilitation, refinancing, capital improvements, affordable housing finance, mortgage underwriting, pre-development, construction administration, and project close-out. 
• Direct experience with program development and administration including establishing policies and procedures, budget development and funding processes, monitoring and reporting to funding partners and public and private stakeholders, outreach and education, and managing stakeholder input.
• Direct experience with Federal, State, and local financing programs and rent subsidies such as CDBG, HOME, LIHTC, tax-exempt bonds, Section 8 Project-based and tenant-based vouchers, CalHFA and HCD programs, and MOHCD programs, etc. 
• Demonstrated organizational skills and ability to meet deadlines and manage multiple projects in a timely manner and to be a team player. 
• Excellent verbal and written communication and strong interpersonal skills, strong analytical, organizational, and quantitative skills.  
• Proficiency in utilizing and developing complex mortgage loan models in Excel. 

How to qualify

Possession of a baccalaureate degree from an accredited college or university and three (3) years full-time equivalent experience performing professional-level analytical work. Qualifying professional-level analytical work includes analysis, development, administration, and reporting in major programs and functions of an organization in the areas of budgets, contracts, grants, policy, or other functional areas related to the duties of positions in the 182X Class series.

Substitution:

Possession of a graduate degree (Master's degree or higher) from an accredited college or university with major coursework in specialized subject matter areas such as public or business administration, management, business law, contract law, public policy, urban studies, economics, statistical analysis, finance, accounting or other fields of study closely related to the essential functions of positions in the Class series may be substituted for one (1) year of required experience.

Additional experience as described above may be substituted for the required degree on a year-for-year basis (up to a maximum of 2 years). Thirty (30) semester units or forty-five (45) quarter units equal one year.

What else should I know?

Important Information - In order to be consider for this position you must provide a response to the two (2) Supplemental Questions. 

Supplemental Questions:

1. Please provide an example of a complex affordable housing development on which you have worked; what was challenging and how was it resolved?  Were cost containment measures part of the project, and if so, what were they? What was your specific role in this development?  What would you have done differently? 
2. Which Federal, State, and local housing programs do you have working knowledge of?  In particular, please describe your experience working with the low-income housing tax credit program and tax-exempt debt. 

Send your response to the supplemental questions by the filing deadline Friday, April 19, 2024 - 11:59 pm to mohcd.hr@sfgov.org

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Specific information regarding this recruitment process listed below:

Classification - 1823 - Senior Administrative Analyst (Real Estate Analyst)

Application Opening: Tuesday, March 19, 2024

Filing Deadline - Friday, April 19, 2024 - 11:59 pm

Annual Salary: $115,934 - $140,894

Applications for City and County of San Francisco jobs are only accepted through an online process. Visit https://careers.smartrecruiters.com/CityAndCountyOfSanFrancisco1/ and begin the application process. • Select the “I’m Interested” button and follow instructions on the screen 7 Applicants may be contacted by email about this recruitment and, therefore, it is their responsibility to ensure that their registered email address is accurate and kept up-to-date. Also, applicants must ensure that email from CCSF is not blocked on their computer by a spam filter. To prevent blocking, applicants should set up their email to accept CCSF mail from the following addresses (@sfgov.org, @sfdpw.org, @sfport.com, @flysfo.com, @sfwater.org, @sfdph.org, @asianart.org, @sfmta.com, @sfpl.org, @dcyf.org, @first5sf.org, @famsf.org, @ccsf.edu, @smartalerts.info, and @smartrecruiters.com).

Applicants will receive a confirmation email that their online application has been received in response to every announcement for which they file. Applicants should retain this confirmation email for their records. Failure to receive this email means that the online application was not submitted or received.

Additional Information Regarding Employment with the City and County of San Francisco:

• Information About The Hiring Process
• Conviction History
• Employee Benefits Overview  
• Equal Employment Opportunity 
• Disaster Service Worker
• ADA Accommodation
• Veterans Preference
• Right to Work
• Copies of Application Documents
• Diversity Statement

Exam Analyst Information: If you have any questions regarding this recruitment or application process, please contact the exam analyst at Karen Henderson - karen.henderson@sfgov.org 

All City and County of San Francisco employees are designated Disaster Service Workers through state and local law (California Government Code Section 3100-3109). Employment with the City requires the affirmation of a loyalty oath to this effect. Employees are required to complete all Disaster Service Worker-related training as assigned, and to return to work as ordered in the event of an emergency.

All your information will be kept confidential according to EEO guidelines

The City and County of San Francisco encourages women, minorities and persons with disabilities to apply. Applicants will be considered regardless of their sex, race, age, religion, color, national origin, ancestry, physical disability, mental disability, medical condition (associated with cancer, a history of cancer, or genetic characteristics), HIV/AIDS status, genetic information, marital status, sexual orientation, gender, gender identity, gender expression, military and veteran status, or other protected category under the law.