Senior Community Investment Officer, Pacific Northwest

Posted 25 Days Ago
Be an Early Applicant
Hiring Remotely in 10006, New York, NY, USA
In-Office or Remote
137K-173K Annually
Senior level
Real Estate • Social Impact • Consulting • Financial Services
The Role
Originate and underwrite loans for multifamily supportive housing across Washington and Oregon; develop lending strategy; cultivate borrower and partner relationships; provide technical assistance, policy feedback, and trainings; support loan closings, servicing, and creation of new funding sources to expand supportive housing production.
Summary Generated by Built In

Who we are:
For over 30 years, CSH has changed the lives of people who have been marginalized and are our most vulnerable neighbors by:

  • Helping communities create over 467,600 homes for individuals and families who did not have one;
  • Bringing hope to thousands who thought they would live on the streets or reside in institutions; and
  • Ensuring not only a stable home for each, but access to the services that brought healthcare, recovery and training to their doorsteps.

CSH has proven supportive housing can change the lives of individuals, families, and communities. We have created a team of nationally recognized experts who are dedicated to our organization and its goals. We offer competitive salaries and benefits, generous leave and paid time off, and fully embrace the philosophy that work-life balance is achievable. With the goal of attracting proven candidates committed to making a difference and who aspire to advance our mission, CSH is now accepting applications for Senior Community Investment Officer (SCIO) based in the Pacific Northwest with a preference for Seattle, Washington or Portland, Oregon.

Why we need you:
CSH is seeking a results-oriented individual committed to sharing their talent to support a mission-driven organization that leads efforts to expand housing and service solutions for highly impacted populations. The Senior Community Investment Officer (SCIO) will originate loans for multi-family housing developments that include supportive housing throughout Washington State and Oregon. This position will also provide technical assistance to our government and other partners to shape funding policies and housing production efforts to create stronger governmental systems that expedite the creation of supportive housing. Applicants must live in or be near to Seattle, Washington or Portland, Oregon; there will be consideration for applicants located in other major cities in Washington State or Oregon. This position will be remote and some travel across the Pacific Northwest region will be required. 


What you will do:

  • Develop and lead our lending strategy across Washington State and Oregon.
  • Market CSH’s loan products and expertise, while cultivating a robust lending pipeline.
  • Manage relationships with borrowers across Washington State and Oregon from intake through loan repayment.
  • Partner with our local Program Team to identify lending opportunities resulting from programmatic activities, while also contributing to the Team’s efforts to expand and streamline supportive housing funding programs.
  • Provide feedback on policies and financing systems where systems change can provide more streamlined and quality supportive housing pipelines.
  • With the support of the Director of Loan Originations and Chief Lending Officer, support the creation of new sources of funding for supportive housing pipelines.
  • Cultivate and maintain strong relationships with industry partners, including government agencies, banks, foundations, CDFI partners, and supportive housing developers and service providers.
  • Establish and nurture relationships with borrowers, including gathering feedback on new strategies and barriers to create affordable and supportive housing.
  • Originate new loans, analyzing the feasibility of multi-family affordable housing developments, and the capacity of development teams to successfully execute the project and repay the CSH loan.
  • Propose loan structures and terms that meet borrower needs, comply with our credit policies, and advance our strategic priorities.
  • Underwrite loans based on thorough review and analysis, comprehensive due diligence and sound risk assessment, and present loans for approval to our internal and board credit committees.
  • Support loan closing staff and loan servicing staff with loan closings and loan monitoring.
  • Provide technical assistance to nonprofit, for-profit, and public organizations around the financing, creation, and operation of supportive housing, including trainings and represent the organization at conferences and events.

How we work:
CSH staff are adaptable, entrepreneurial, creative, and flexible problem-solvers. We are strategic thinkers committed to treating each other and the communities we serve with respect. You should share a passion for the CSH mission and possess the skills to meet the expectation of this role to help shape how we share our ambitious mission.

Specifically, we are seeking:

  • A minimum of 7 years’ experience in affordable or supportive housing lending or development.
  • Any combination of Bachelor’s degree or equivalent education, training and experience that demonstrates the ability to perform the duties of the position.
  • Particularly deep expertise in affordable or supportive housing development or finance.
  • A solid grasp of the Low-Income Housing Tax Credit program, Section 8 and other federal, state and local affordable and supportive housing finance programs.
  • Familiarity of zoning processes and other land acquisition challenges for affordable and supportive housing developers.
  • An interest in issues related to supportive housing, including homelessness, affordable housing development, public finance, public housing, community development/planning, or support service programs that address mental illness or substance use issues.
  • Demonstrated success in project management, including creating work plans and building teams to advance housing development and finance-related activities that advance CSH’s goals.
  • Strong analytical, interpersonal, presentation, and communication skills with an ability to present to stakeholders.
  • CSH uses a Microsoft Office environment. Proficiency is required or a commitment to self-learn and achieve proficiency upon hire.
  • Candidates seeking to work remotely, or hybrid must provide their own access to a secure high-speed internet signal (preferably hard wired) at a capacity sufficient to support video, web, and email processing simultaneously based on their personal work environment. This is typically 100Mb and above.
  • Travel required.

Compensation:
CSH offers generous benefits, opportunities for professional growth, and competitive salaries based on geographic location. Our range for Senior Community Investment Officer is: 

• Seattle $154,000-$173,000
• Portland $137,000 - $154,000 

Our ranges are broad, and it is customary for candidates to join CSH at the lower half of the range to leave room for growth, learning, and development in the role and range. Pay rates are set using a 50-mile metro area approach; the ranges could vary up or down based on a candidate’s location. It is uncommon for salaries to fall above the mid-point at the time of hire. We negotiate actual salaries with final candidates based on their exact location, experience in similar roles, and expertise related to the qualifications. This information is offered in support of our commitment to transparency.


Interested in joining our team as a leader in the national supportive housing movement?

To Apply: Candidates should apply through the link. All candidates should attach their Resume, Cover Letter, and Salary Expectations as one Microsoft Word or PDF document. 

Skills Required

  • Minimum 7 years experience in affordable or supportive housing lending or development.
  • Bachelor's degree or equivalent education, training, and experience.
  • Deep expertise in affordable or supportive housing development or finance.
  • Solid grasp of Low-Income Housing Tax Credit program, Section 8, and other affordable housing finance programs.
  • Familiarity with zoning processes and land acquisition challenges for affordable/supportive housing.
  • Demonstrated success in project management, including creating work plans and building teams.
  • Strong analytical, interpersonal, presentation, and communication skills.
  • Proficiency with Microsoft Office or commitment to self-learn and achieve proficiency upon hire.
  • Ability to work remotely with secure high-speed internet (typically 100Mb and above).
  • Must live in or be near Seattle, WA or Portland, OR (consideration for other major WA/OR cities).
  • Travel across the Pacific Northwest region as required.
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The Company
125 Employees
Year Founded: 1991

What We Do

The Corporation for Supportive Housing (CSH) is a national nonprofit intermediary and Community Development Financial Institution (CDFI) dedicated to ending homelessness. It works by providing technical assistance, training, consulting, policy advocacy, and financial resources (loans and investments) to help communities create and operate permanent supportive housing. CSH focuses on addressing the root causes of homelessness for vulnerable populations, including those with chronic health conditions, extreme poverty, and mental illness.

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