What are the responsibilities and job description for the HOUSING FINANCE OFFICER (RENTAL) position at CA Housing Finance Agency?
Under the general direction of the Housing Finance Chief, the Housing Finance Officer (Rental) oversees and supervises the work of the deal team in origination, underwriting, and presentations of affordable multifamily loans from the various CalHFA programs to the Senior Loan Committee and CalHFA Board of Directors. Upon loan approval, the incumbent also oversees the closing of the loan, monitoring of the loan during the construction period, and ultimately successful transfer of the loan to Asset Management.
You will find additional information about the job in the Duty Statement.
Working Conditions
Hybrid telework schedules are available. The amount of telework is at CalHFA’s discretion and is based on operational needs. IN-PERSON ATTENDANCE WILL BE REQUIRED WEEKLY.
Our office is in 500 Capitol Mall, a high-rise building conveniently located in downtown Sacramento with access to public transportation (light rail and bus) and freeways (I-5, 99, and Business 80). It is one block from Downtown Commons (DOCO), the Golden 1 Center, and many restaurants. Employees also have free access to the gym located in the building.
CANDIDATES WHO ARE NEW TO STATE WILL START AT THE MINIMUM OF THE SALARY RANGE.
Please let us know how you learned about this career opportunity by taking a brief survey: https://www.surveymonkey.com/r/35W9XBY
Minimum Requirements
You will find the Minimum Requirements in the Class Specification.- HOUSING FINANCE OFFICER (RENTAL)
Additional Documents
- Job Application Package Checklist
- Duty Statement
Position Details
Department Information
California Housing Finance Agency
MULTIFAMILY PROGRAMS DIVISION:
The Multifamily Programs Division is responsible for the financing and ongoing management of California Housing Finance Agency’s (CalHFA) Multifamily lending portfolio and subsidy programs. The Asset Management Section oversees the Agency’s portfolio of multifamily loans, including financial reviews, physical inspections, monitoring for compliance with regulatory agreements, and administering rental and operating subsidies.
OUR VISION:
All Californians living in homes they can afford.
OUR MISSION:
Investing in diverse communities with financing programs that help more Californians have a place to call home.
Established in 1975, CalHFA was chartered as the state's affordable housing lender. Our Agency's Multifamily Division finances the development of affordable rental and our Single Family Division provides down payment assistance to low and moderate income first-time homebuyers. CalHFA is a completely self-supporting state agency that does not rely on taxpayer dollars for its operation costs, but regularly administers various state and federal resources on behalf of the state.
At CalHFA, we embrace a culture that is diverse, equitable, and inclusive for everyone by building an organization that is as diverse as the communities we serve. CalHFA believes that diversity provides a competitive advantage, strengthens our innovative capacity, and enhances our ability to succeed and grow.
CalHFA has held its certification as a Great Place To Work since 2021. Join us in helping more Californians to have a place to call home.
Department Website: https://www.calhfa.ca.gov
Special Requirements
The Employment History section on the STD 678 (Employment Application) must be complete and include dates, accurate hours per week, total time worked, duties performed, and contact names and phone numbers of supervisors. Resumes or other documents do not substitute the Employment Application. Applicants who fail to submit a completed Employment application may be disqualified.
Use these links to review the State Application Checklist and SOQ checklist to help you understand how to complete a strong state application and address some frequently asked questions.
BE LIST ELIGIBLE:
Successfully complete the State civil service Housing Finance Officer (Rental) exam.
OR
BE TRANSFER ELIGIBLE:
Have current employment with the State of California in the same classification or in a classification that is comparable (employees who wish to be considered based on transfer eligibility must meet the minimum qualifications of the classification per DPA Rule 250)
OR
BE REINSTATEMENT ELIGIBLE:
Have obtained previous permanent employment with the State of California in the same classification or in a classification that is comparable.
Application Instructions
Completed applications and all required documents must be received or postmarked by the Final Filing Date in order to be considered. Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application.
Final Filing Date: 1/31/2025Who May Apply
Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process. Applicants must meet the Minimum Qualifications stated in the Classification Specification(s).
How To Apply
Address for Mailing Application Packages
You may submit your application and any applicable or required documents to:
Address for Drop-Off Application Packages
You may drop off your application and any applicable or required documents at:
Required Application Package Documents
The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:
- Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at www.CalCareers.ca.gov. All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
- Resume is required and must be included.
- Supplemental Application - A response to the question below is required in order to be eligible for this position.
Failure to follow all instructions below and address the specific question will disqualify an applicant from consideration. Resumes, cover letters, and general statements of qualifications will not be accepted in place of the required response.
Your Supplemental Application response must:
- Be in 12-point Times New Roman font, single-spaced
- Be no more than two (2) pages in length
- Include the question above your response
Please provide a relevant response to the highlighted question below:
Based on the duty statement, please explain why you are a good fit for this position.
- Other - Degree or Transcripts: If you are using education to meet the Minimum Qualifications (MQs) of the Housing Finance Officer (Rental) classification, you must provide a copy of your degree or transcripts.
- If you meet MQs without the education, you may bypass this item by selecting Upload > Bypass Item.
- Please note, if using education to meet, you will be required to provide official transcripts prior to employment.
Benefits
Contact Information
The Human Resources Contact is available to answer questions regarding the position or application process.
Department Website: https://www.calhfa.ca.gov
Human Resources Contact:
Lindsey Leon
(916) 326-8018
lleon@calhfa.ca.gov
Please direct requests for Reasonable Accommodations to the interview scheduler at the time the interview is being scheduled. You may direct any additional questions regarding Reasonable Accommodations or Equal Employment Opportunity for this position(s) to the Department's EEO Office.
EEO Contact:Jennifer LeBoeuf
(916) 326-8075
jleboeuf@calhfa.ca.gov
California Relay Service: 1-800-735-2929 (TTY), 1-800-735-2922 (Voice) TTY is a Telecommunications Device for the Deaf, and is reachable only from phones equipped with a TTY Device.
Minimum Qualifications Summary
Housing Finance Officer (Rental)
One year of experience in the mortgage operations of the California Housing Finance Agency at a level of responsibility equivalent to that of a Housing Finance Specialist.
Experience: Five years of mortgage loan experience, including one year of responsibility at the management level in a commercial bank, mortgage bank, savings and loan association, State housing finance agency, or in a closely related institution, one year of which must have involved multiunit mortgage loan experience. (A Master's Degree in Planning, Economics, Business, Government, Finance or a related field may be substituted for one year of the required experience.) AND
Education: Equivalent to graduation from college, preferably in planning, economics, business, government, finance or a related field. (Additional qualifying experience may be substituted for the required education on the basis of one year of experience equals two years of college education.)
Equal Opportunity Employer
The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.
It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.