Job Opportunities API

LISC is one of the country’s largest community development organizations, helping forge vibrant, resilient communities across America. LISC works with residents and partners to close gaps in health, wealth, and opportunity so that people and places can thrive. We do this by acting as a conduit for grants, loans and equity--and by providing technical assistance and capacity building--to locally rooted organizations that carry out the work in communities.   Position Description  LISC Greater Kansas City seeks a self-motivated and skilled lending professional passionate about affordable housing, economic development, and strengthening communities for a Program Officer (PO) position. This individual will be responsible for coordinating the deployment of LISC loan capital to communities experiencing lower incomes and for developers and entrepreneurs who have previously experienced challenges accessing capital. This person should have expertise in community development, finance, real estate development and/or lending fields. The Program Officer will help to grow LISC Greater Kansas City’s lending pipeline, from loan origination, to underwriting, closing, and asset management to support LISC’s strategic priorities and comprehensive approach to community development. This person must have the capacity to simultaneously work on multiple tasks, set priorities for a challenging workload with great organization, initiative, attention to detail, and timely follow-through, as well as high standards for accuracy and efficiency. The Program Officer reports directly to the Executive Director (or Deputy Director) and collaborates with fellow LISC staff to structure and deploy mission-based capital to create opportunities for all in our region.   RESPONSIBILITIES Originate, structure, and underwrite financing requests for real estate projects that create more affordable housing, commercial development and small business support in the Kansas City region. This will include identifying project opportunities, providing technical assistance to potential borrowers, vetting of projects, structuring financing to meet their needs, and developing and maintaining key relationships and partnerships with non-profit and for-profit affordable housing and community developers. Conduct due diligence and financial analyses, draft credit memoranda, and present loan recommendations to LISC’s national Lending staff and Credit Committee, or those of respective affiliates, as applicable. Manage closing process with in-house and external counsel. Manage the deployment of capital and reporting to funders on local revolving loan funds, such as the KC Predevelopment Fund, NE Preservation Fund, and additional funds under development. Lead the origination and deployment of capital from the KC Regional Housing Fund in coordination with the Executive Director, LISC colleagues from affiliates and/or national Lending staff, as well as partners involved with the Regional Housing Partnership. Work with community development partners to help them craft financing strategies, access public subsidies, and secure private financing to assure successful project execution. Evaluate mission alignment of proposals, management capacity of entities, organizational structure, and financial feasibility. Develop and implement a local lending strategy which responds to unmet needs in the housing, commercial, and small business markets and work with other LISC staff to design appropriate programs, applications, and collateral. Originate loans that bolster LISC KC’s investments with local programming and initiatives. Coordinate internal and external relationships that are critical to the growth of the office’s lending portfolio including relationships with LISC national and local staff, originators of LIHTC and NMTC transactions via LISC affiliates, including NEF, Broadstreet, LFM, as well as coordinate with financial institutions an