HOUSING FINANCE SPECIALIST (MANAGEMENT SERVICES)

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.

The Employment History section on the STD 678 (Employment Application) must be complete and include accurate dates, hours per week, total time worked, addresses, 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.

In order to be considered for this job, you must satisfy one of the following requirements:

BE LIST ELIGIBLE:
Successfully complete the State civil service exam for the Housing Finance Specialist (Management Services) classification

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.

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.

Who May Apply

How To Apply

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.
• Other - Degree or Transcripts: If you are using education to meet the Minimum Qualifications (MQs) of the Housing Finance Specialist (Management Services) classification, you must provide a copy of your degree or transcripts (or U.S. Equivalency Evaluation).
  • If you meet the MQs without using education, you may Bypass the item by selecting Upload > Bypass Item.
  • Please thoroughly review the MQs before applying, to ensure you are eligible.
  • Please note, if using education to meet, you will be required to provide official copies of your transcripts prior to employment.
  
  
• Supplemental Application - A response to each question below is required in order to be considered for this position.
  
  Failure to follow all instructions and provide a relevant response to each specific question will disqualify an applicant from consideration. Resumes, cover letters, or general statements will not be accepted in place of the required response.
  
  You Supplemental Application must:
  • Be in 12-point Times New Roman font, single-spaced
  • Be no more than two (2) pages in length
  • Include the question above each response, in numerical order
    • For example, list question one, followed by your response to question one; Then list question two, followed by your response to question two.
  
  Please provide a detailed and relevant response to each question below:
  
  • Based on the duty statement, please explain why you are a good fit for the Housing Finance Specialist position.
  • Describe a situation where you identified significant financial risks in a multifamily housing development through your analysis of financial statements. What specific indicators led to your concerns, what actions did you take to address these risks, and what was the outcome?