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Join the team expanding J.P. Morgan Chase’s leadership in affordable housing to provide financing for workforce and mixed-income multifamily properties.
As an Executive Director Commercial Banker within the Workforce Housing Solutions group, you will be responsible for developing, growing, and managing developer relationships to generate revenue opportunities. You will become a trusted advisor to clients and a variety of capital sources, and serve as a resource to internal colleagues throughout the country. You will bring a demonstrated passion for affordable housing innovation and a proven track record of financing multifamily construction projects with non-LIHTC equity sources. You will be an integral part of a team working to develop solutions that increase housing affordability, at scale, supported by the firm’s resources and decades of leadership in community development and commercial real estate finance.
J.P. Morgan Chase’s Community Development Banking (CDB) business is a national leader in community development finance for affordable housing and economic development projects. CDB offers financing for projects of any size and complexity, including construction, bridge, and permanent lending for Low Income Housing Tax Credit (LIHTC) and non-LIHTC affordable, workforce and mixed-income housing, CDFI financing, and Historic Tax Credit and New Markets Tax Credit investing. CDB's clients include: for-profit and not-for-profit real estate developers; government entities engaged in housing and economic development; and community-based organizations.
Workforce Housing Solutions is an innovative business line within CDB that provides financing to catalyze rent-restricted workforce and mixed-income housing for a broader income range than traditional affordable or market rate housing. We leverage capital sources other than Low Income Housing Tax Credit (LIHTC) equity to provide balance-sheet construction and permanent debt, as well as Agency execution, for diverse projects throughout the country. Workforce Housing Solutions also provides valuable insights to a broad range of entities interested in developing and financing workforce housing, such as healthcare systems, higher education institutions, traditional real estate and impact equity funds, and public sector agencies.
Job responsibilities
Required qualifications, capabilities, and skills
Preferred qualifications, capabilities, and skills
Full Time
Banking
$124k-169k (estimate)
04/11/2024
07/07/2024
jpmorganchase.com
MCKINNEY, TX
>50,000
1968
>$50B
Banking
For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world. Today, we're a leading global financial services firm with operations servicing clients in more than 100 countries. Whether we are serving customers, helping small businesses, or putting our skills to work with partners, we strive to identify issues and propose solutions that will propel the future and strengthen both our clients and our communities. 2017 JPMorgan Chase & Co. JPMorgan Chase is an equal opportunity and... affirmative action employer Disability/Veteran.
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