Request for Action (RFA) Underwriter / Housing Development Officer, Intermediate

About the role

The Housing Development Officer Intermediate underwrites, evaluates, and processes multifamily loan servicing requests, including changes in ownership, use, payoff, assumption, subordination, and modification of Agency loans on existing projects. This role serves as a primary contact for borrowers, attorneys, and internal teams, balancing Agency mission, financial considerations, and program compliance.

Responsibilities

• Process and evaluate RFA submissions, collecting, verifying, and interpreting legal documents and due diligence.
• Analyze and underwrite loan servicing requests, assessing financial data, compliance requirements, and long-term property health.
• Coordinate cross-division review with asset management, legal, compliance, and external funding partners to resolve loan servicing issues.
• Prepare and present clear written memos and deliver presentations to internal committees and Agency leadership.
• Administer and monitor the maturing loans list, ensuring timely notices, follow-up, and borrower guidance.
• Lead annual LURA extension outreach activities, including technical review of LURA documents and coordination with owners.
• Support RFA program operations, including procedure updates, inter-team communication, and maintenance of legal file systems.
• Perform other duties as assigned.

Requirements

• Two (2) years of demonstrated experience in affordable housing including multifamily underwriting, multifamily loan servicing, multifamily asset management, closing multifamily affordable housing loans, OR
• Two (2) years of program management experience in affordable housing or community development, OR
• Two (2) years of experience as a real estate paralegal (foreclosure, loan servicing).
• A bachelor’s degree in business administration, housing, real estate, or community development/planning, may substitute for 12 months of experience – or – an associate degree in the listed fields may substitute for 6 months of experience.
• Experience with multifamily housing programs, financing, or funding sources.
• Ability to analyze financial and compliance information and apply requirements from loan documents to loan servicing scenarios.
• Demonstrated communication skills, including ability to comprehend and communicate complex information in plain language.
• Proficiency in Microsoft Word (to prepare memos and use templates), Excel (to create spreadsheets and use formulas), Outlook (to use email communication and navigate calendars), and Access (to navigate database).

Qualifications

• Ensure that your resume contains descriptions of your work experiences sufficient for comparison against the requirements stated below and indicate the beginning and ending month and year for each job held.
• Only applicants whose resumes clearly demonstrate fulfillment of each of these minimum qualifications will be considered for this position.

SkillsAbility to work independently while meeting deadlines.

Demonstrated ability to work effectively with partners from diverse backgrounds and maintain respectful relationships with a variety of internal and external partners.

Benefits

• Paid vacation and sick leave
• 12 paid holidays each year
• Low-cost medical, dental, vision, and prescription drug plans
• Fertility care, including IVF
• Dental and orthodontic care for adults and children
• 6 weeks paid leave for parents of newborn or newly adopted children
• Pension plan that provides income when you retire (after working at least three years)
• Employer paid life insurance to provide support for your family in the event of death
• Short-term and long-term disability insurance that can provide income if you are unable to work due to illness or injury
• Tax-free expense accounts for health, dental, and dependent care

Pay

$28.75 - $42.16 / hourly; $60,030 - $88,030 / annually

Schedule

Monday - Friday