09/07/2021

Senior Community Investment Officer

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 335,000 homes for individuals and families;
  • Providing technical assistance and support to communities across the country including over $1B in capital; and
  • Ensuring not only a home but access to the services and supports that people and communities need to thrive.

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 deeply dedicated to our organization and its goals. We attract talented and diverse individuals, offer competitive salaries and benefits, generous leave and PTO, and fully embrace the philosophy that work-life balance is achievable. CSH is now accepting applications for a Senior Community Investment Officer (SCIO) in New York, NY to join our Community Investment (CI) Team.

Why we need you:

CSH is seeking a creative, results-oriented individual committed to racial equity and advancing anti-racism practices with a passion for CSH’s mission and the work of our Community Investment team. We need your expertise to originate loans for multi-family housing developments that include supportive housing in New York, New Jersey and Pennsylvania. As a lender, you 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. All CSH staff are working virtually until our offices open post-pandemic. When CSH offices reopen we anticipate offering employees a hybrid in-office /telecommuting option.

What you will do?

  • As our market leader for New Jersey and Pennsylvania, drive our lending strategy and market CSH’s loan products and expertise while cultivating a robust lending pipeline in these states. As a collaborative partner, support and augment the SCIO market leader in New York as warranted by lending volume and strategy.
  • Partner with our Metro Team Program to identify lending opportunities resulting from programmatic activities while also contributing to the Team’s broader systems change efforts.
  • Provide feedback on proposed plans, policies and programs with a focus on deployment of key funding programs (for example, the Low-Income Housing Tax Credit) and zoning/land use ordinances that hinder or incentivize the creation of supportive housing including local and state financing regulations and programs.  
  • Cultivate and maintain strong relationships with industry partners and developers including public and private agencies, funders, financial institutions and external partners.
  • Create new and nurture existing relationships with borrowers, including gathering feedback on new strategies and barriers to create affordable and supportive housing.
  • Support planning and policy efforts with our government funding, housing development and service provider partners with a goal of using lending as a lever to foster large scale investment in supportive and affordable housing.
  • Analyze the feasibility of multi-family housing developments and the capacity of development teams, proposing 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. Innovate with colleagues and partners, influencing key aspects of supportive housing, advancing the creation of supportive housing and common objectives of CSH and government partners.
  • 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.
  • Center race equity in all of your work with both internal and external partners.
  • This position is based in New York City and requires the ability to travel across the region. Occasional national travel may be required.

Working for CSH

CSH staff are adaptable, entrepreneurial, creative, and flexible problem-solvers. We are strategic thinkers who are committed to racial equity and 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 expectations of this role.

Specifically, we are seeking:

  • Minimum of 5 years’ experience in affordable or supportive housing lending or development.
  • Bachelor degree preferred. CSH recognizes all forms of knowledge so additional education or education through lived or work experience is also recognized.
  • 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.
  • 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.
  • Success in project management, including creating work plans and building teams to advance housing development and finance-related activities that advance CSH’s goals.
  • A conceptual understanding of institutional/structural racism and bias and their impact on underrepresented communities.
  • Strong analytical, interpersonal, presentation, and communication skills with an ability to present to racially, ethnically, and socially diverse stakeholders.
  • Experience incorporating the perspectives of multiple communities, including communities of color, in the consideration of impacts and outcomes of a decision-making process.

Compensation:

CSH offers generous benefits, opportunities for professional growth, and competitive salaries based on geographic location. Our range for a Senior Community Investment Officer in New York is $105,000 – $155,000 depending on your experience in similar roles and your expertise related to the position qualifications. It is customary for candidates to join CSH in the lower quarter of the range and is very rare for starting salaries to fall above the mid-point. We negotiate actual salary with final candidates and offer this guidance 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 by clicking on the link below. All candidates should attach their Resume, Cover Letter and Salary Expectations as one Microsoft Word or PDF document.


CSH is proud to be an Equal Opportunity Employer.

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