State of Washington

Compensation

Full Description

At the Department of Commerce, we’re reimagining what’s possible in government. We’re builders, thinkers, and change-makers, working at the intersection of innovation, community, and impact. From unlocking critical funding to fueling inclusive economic growth, we’re turning big ideas into real-world solutions that uplift people and places. Our agency’s strength lies in the diversity of our workforce and the breadth of the lived experiences and perspectives employees bring to the work. We believe equity is not just a value but a practice, which is reflected in how we design programs, engage communities, and deliver outcomes. We foster a workplace culture where curiosity is encouraged, bold thinking is welcomed, and collaboration drives our impact. This job is a commitment to reshape systems so they work better for everyone. If you’re ready to challenge the status quo and build meaningful connections, we want to meet you. Let’s build what’s next, together. The Housing Division (HD) partners with local governments, Tribes, housing authorities, nonprofits, and other organizations to develop and preserve affordable housing, promote individual and family self-sufficiency, and reduce adult and youth homelessness. This position works within the Multifamily Housing Unit (MHU) of HD and is responsible for specific tasks within the State Housing Trust Fund (HTF). This position has responsibility for Project Management portion of applications, underwriting, and award recommendation processes, as well as oversight of all project management activities. This position oversees the development, negotiation, and management of key terms and conditions for state funded capital loans and grants, and ensures projects are under contract, constructed, and placed in service in a timely manner. This position supervises program managers for State Housing Trust Fund project development team. This position serves as an advanced level technical specialist in real estate development and finance. Responsibilities include establishing program priorities, goals, and objectives, and developing policies and procedures to create and preserve affordable housing units that are sustainable throughout the projects’ long-term period of performance. This includes the necessary oversight to ensure the appropriate and cost-effective use of state funds. • Oversees the HTF project management of capital projects and collaborates with other CS5 project management supervisors of capital projects. This includes reviewing and underwriting received applications, negotiating and executing contracts and loan terms, managing projects through construction, and following projects until placed in service and transferred to the Asset Management team within the unit. • Coordinates and collaborates with the federal CS5 on aligning and ensuring consistency among managing and contracting for HTF, HOME, and NHTF projects. • Develops, implements, and maintains policies and procedures related to capital project funding and management activities within the unit. • Ensures timely workflow and coordination within, and among, the unit teams and other workgroups in the department through oversight of the Project Status Report, Contract Management System, Housing Contract Management System and individual project due diligence forms. • Ensures timely development, negotiation, and execution of contracts, loan terms, and other legal documents appropriate to each capital project; coordinate with contracting staff; negotiates with contractors and developers; facilitates real estate transactions and develops escrow instructions; oversees contract negotiations, contract executions, and real estate closings; coordinates and communicates with other project funders. • Directly negotiates capital contract terms, including loan and grant terms, with real estate developers, title officers, escrow agents, lenders, attorneys, housing authorities, single asset entities, and nonprofit affordable housing providers. • Coordinates and collaborates with the Federal CS5 on aligning and ensuring consistency among the HTF, HOME, and NHTF programs and aligning the application rounds and resource allocation processes. • Develops, implements, and maintains policies and procedures related to underwriting and resource allocation activities within the unit. • Coordinates and collaborates with Housing Investment Manager and CS4’s in the application processes for HTF funds. • Participates in the review, analysis, and recommendation of projects for funding; ensures public investments are cost-effective and consistent with state and federal regulations and priorities. • Oversees the HTF program management and coordinates and collaborates with the Federal CS5 and Rapid Capital Housing CS5 on aligning and ensuring consistency among the HTF, HOME, and NHTF programs; ensures their correct implementation and program requirements and reporting standards are met. • Supervises a team of professional staff. • Oversees the work performed by the team. Delegates workload responsibilities and assignments to staff. Provides regular feedback, coaching, and guidance to staff. • Evaluates staff performance and addresses performance concerns as necessary. Recommends corrective and/or disciplinary actions to the Assistant Managing Director. Required Qualifications: Nine (9) years of combined experience and/or education as described below:? Experience working in community, trade or economic development with a focus in two or more the following areas: • Affordable housing • Housing finance • Real estate • Contracting • Developing, underwriting, negotiating and managing contracts for affordable housing projects with multiple funding sources, such as local, state, federal, private and tax credits. Two of the nine years must include the following: • Supervising one or more employees including hiring staff, training and development, assigning work, evaluating performance, and taking corrective action. Education involves housing finance, business, public administration or related field. Qualifying education post High School or equivalent may be substituted year for year for experience. Examples of how to qualify:? • 9 years of experience • 8 years of experience?and one year of education?? • 7 years of experience and two years of education?? • 6 years of experience and three years of education?? • 5 years of experience and four years of education?? • 4 years of experience and five years of education?? • 3 years of experience and six years of education?? • 2 years of experience and seven years of education?? Required Competencies: • Ability to foster professional development through mentoring and training staff, and other job growth opportunities. • Ability to openly and honestly communicate and actively engage co-workers, contractors, and other stakeholders. • Ability to identify and implement changes necessary to streamline and standardize processes, improve administrative efficiency and effectiveness, and enhance customer services. • Ability to apply excellent interpersonal communication skills and conflict resolution skills. • Ability to manage and work with diverse personalities, styles, and cultures. • Ability to effectively communicate, analyze, and weigh the risks versus benefits in decisions and recommendations related to real estate finance and contract negotiations. Preferred/Desired Qualifications: • Experience with U.S. Department of Housing and Urban Development programs, such as HOME, Community Development Block Grant, and the National Housing Trust Fund. • Demonstrated experience with real estate contracts and transactions, such as subordination and priority agreements, deeds of trust, covenants, and property liens. • Demonstrated experience with writing and implementing policies and procedures. To be considered for this position the following are needed: • A complete and detailed online application. • A cover letter (enter online). • At least three professional references (enter online). For questions about this recruitment, please contact our recruitment team via email:comrecruitment@commerce.wa.gov- please reference the job number in your message. Work from Anywhere in Washington State This position may be located anywhere within Washington State though occasional travel to a Commerce office building or in-state travel to attend events or meetings may be required. If selected, you will need to travel to pick up equipment and receive instruction. Many Commerce employees work remotely or have a hybrid schedule. This recruitment may be used to fill future vacancies over the next 60 days. Technical support is provided by NEOGOV, 855-524-5627 (can't log in, password or email issues, error messages). DES job seeker support may answer general questions regarding the recruiting system atcareershelp@des.wa.gov. Our Commitment to Equal Opportunity The Washington State Department of Commerce is an equal opportunity employer. We strive to create a working environment that includes and respects cultural, racial, ethnic, sexual orientation and gender identity diversity. Women, racial and ethnic minorities, persons of disability, persons over 40 years of age, veterans or people with military status, and people of all sexual orientations and gender identities are encouraged to apply. Persons needing accommodation in the application, testing, or interview process or this job announcement in an alternative format may email Human Resources at Human.Resources@commerce.wa.gov. Applicants who are deaf or hard of hearing may call through the Washington Relay Service by dialing 7-1-1 or 1-800-833-6388. Department of Commerce also offers a competitive benefits package including: medical and dental insurance benefits, retirement and deferred compensation plans, 11 paid holidays each year, 14-25 vacation days per year (depending on length of employment), 8 hours of sick leave per month (if full time employed), bereavement leave, an employee assistance program, as well as other benefits. Please see the Benefits Tab for more details.