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Associate Director, Preservation-Based CDFI






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Posted: 04/05/2010

Employer
National Trust for Historic Preservation
National Trust Loan Fund

The National Trust for Historic Preservation provides leadership, education, advocacy and resources to a national network of people and organizations committed to saving historic places, revitalizing older neighborhoods, and creating diverse, sustainable neighborhoods.


Position
Associate Director, Preservation-Based CDFI
Type
Professional Opportunity
Location
Washington, DC
Details
 

Job Summary:

The Loan Fund Associate Director will be responsible for managing the Loan Fund portfolio and providing technical assistance. The National Trust Loan Fund is a certified CDFI that offers loans to nonprofit organizations and public agencies to support historic preservation projects that stimulate economic development in low-and moderate-income neighborhoods, as well as loans to assist the acquisition and/or rehabilitation of a broad array of historic resources.

Duties:

Loan Fund Management

  • Manage an existing portfolio of loans, including annual loan reviews, timely review of financial statements, review and approval of disbursement/funding requests, monitoring for covenant compliance, processing modification and extension requests, and preparing loan fund reports.
  • Proactively identify delinquent loans and/or potential problems and implement appropriate measures to address those problems.
  • Prepare new loan packages for review and approval by management and/or Loan Committee.
  • Fundraising

  • Assist in raising equity and debt funds for Loan Fund investment and operating capital.
  • Assist in coordination and preparation of grant applications for funding.
  • Program Development

  • Create and deliver training programs and workshops focused on real estate finance and tax credits.
  • Represent the Loan Fund on program issues at conferences, seminars, meeting, etc.
  • Provide technical assistance to Main Street and State & Local Partners programs.
  • Qualifications

  • Minimum 7-10 years of experience in community development and/or nonprofit lending and providing technical assistance to nonprofit developers, including outreach and service to culturally and economically diverse communities.
  • Experience managing and monitoring loan portfolios with demonstrated solid performance.
  • Real estate underwriting experience, including experience reading and analyzing market studies, operating expenses, development and operating pro formas, construction cost reviews, and partnership agreements.
  • Strong business development, analytical, communication and problem solving skills.
  • Strong analytical and financial modeling skills.
  • Ability to prioritize and manage multiple projects and assignments, meet tight deadlines, and coordinate and communicate effectively across all levels of an organization.
  • A bachelorís degree in a related field; masterís degree preferred.
  • Ability to travel and work evenings and weekends as required.
  • Proficiency in Word, Excel and Outlook. Excellent written and oral skills.
  • OPen until
    04/23/2010

    How to apply
    To apply please include your cover letter in the body of a message and email your resume as a Word or PDF attachment to 50947-CS-1121@nthp.hrmdirect.com

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