Development Officer - Production (Housing Department)



Development Officer - Production (Housing Department)

Salary

$108,959.76 - $132,765.36 Annually

Location

San Jose

Job Type

Full-Time

Job Number

202300345

Department

Housing

Opening Date

03/29/2024

Closing Date

5/7/2024 11:59 PM Pacific

Our diverse and inclusive workforce of more than 7,000 employees play a key role in the success of San José, the heart of the Silicon Valley. All City of San José employees work together as one team to make San José a vibrant, innovative, and desirable place to live and work. Visit here to learn more about San José.  

About the Department

The City of San José Housing Department is a leader in the development of affordable housing. Its mission is to strengthen and to revitalize our community through housing and neighborhood investment.  The Housing Department provides loans for the development of affordable housing and manages a portfolio of over 17,000 housing units with a total value that exceeds $700 million.  Over the next five years, the City Council has a goal of creating 25,000 housing units, 10,000 of which will be affordable.  The Housing Department has an operating budget of approximately $19 million and 110 employees. The Housing Department is committed to creating and supporting a diverse work environment with a staff that values inclusion.  
The Development Officer will be assigned to the Multifamily Project Development Program and will manage all phases of affordable housing lending.  The position will oversee activities and programs within the Affordable Housing Production Division. The Development Officer reports to a Senior Development Officer.  

Position Duties

The Development Officer will be responsible for reviewing the structure of multi-family financing proposals for new construction and preservation of affordable housing. Tasks will include, but not be limited to: working with affordable housing developers and community groups to proactively manage affordable housing projects from the earliest stages through completion; underwriting loans for the production, rehabilitation and preservation of affordable rental housing with tax credit and/or tax-exempt bond financing, with a focus on determining feasibility and effect on the City’s repayments, risks and policy objectives; reviewing financial statements and proformas for feasibility; managing support staff.  

The ideal candidate for this position will be comfortable working in a diverse environment and have extensive experience at a management level in banking, lending or real estate development with a strong underwriting, loan servicing and regulatory compliance background. In addition, the ideal candidate will be a team player and have demonstrated values that align with the City of San Jose’s values of: Integrity, Innovation, Excellence, Collaboration, Respect, Celebration and Diversity.

Minimum Qualifications

Education and Experience

Bachelor’s Degree from an accredited college or university in Planning, Housing, Geography, Economics,
Business Administration, Public Administration, Political Science, Sociology or related field and four (4) years of increasingly responsible directly related work experience, including one (1) year performing work of a similar nature and level as Development Specialist with the City of San José.
Acceptable Substitution
Additional related experience may be substituted for the education requirement on a year-for-year basis.
Required Licensing (such as driver’s license, certifications, etc.)
Possession of a valid State of California driver’s license may be required for some assignments.

Other Qualifications

Competencies 

The ideal candidate will possess the following competencies, as demonstrated in past and current employment history.  Desirable competencies for this position include:
 
Job Expertise – Demonstrates knowledge of and experience with applicable professional/technical principles and practices, Citywide and departmental procedures/policies and federal and state rules and regulations.  Demonstrates extensive experience at a management level in banking, lending or real estate development with strong underwriting, loan servicing and regulatory compliance background.

Collaboration – Develops networks and builds alliances; engages in cross-functional activities.
 
Communication Skills – Effectively conveys information and expresses thoughts and facts clearly, orally and in writing; demonstrates effective use of listening skills; displays openness to other people’s ideas and thoughts.

Decision Making – Identifies and understands issues, problems, and opportunities; uses effective approaches for choosing a course of action or developing appropriate solutions.
 
Meeting Ethical Standards – When confronted with ethical dilemmas, acts in a way that reflects relevant law, policy and procedures, agency values, and personal values.

Project Management – Ensures support for projects and implements agency goals and strategic objectives.
 
Supervision – Sets effective long and short-term goals based on a good understanding of management practices; establishes realistic priorities within available resources; provides motivational support; empowers others; assigns decision-making and work functions to others in an appropriate manner to maximize organizational and individual effectiveness.

Additional Information:

Employment Eligibility:  Federal law requires all employees to provide verification of their eligibility to work in this country. Please be informed that the City of San Jose will NOT sponsor, represent or sign any documents related to visa applications/transfers for H1-B or any other type of visa which requires an employer application.  

Please note that applications are currently not accepted through CalOpps or any other third party job board application system.

This recruitment may be used to fill multiple positions in this, or other divisions or departments. If you are interested in employment in this classification, you should apply to ensure you are considered for additional opportunities that may utilize the applicants from this recruitment.

Please allow adequate time to complete the application and submit before the deadline or the system may not save your application.  If your online application was successfully submitted, you will receive an automatic confirmation email to the email address you provided.  IF YOU DO NOT RECEIVE THE CONFIRMATION, please email CityCareers@sanjoseca.gov and we will research the status of your application. 

The City of San Jose offers a wide range of core health benefits including Medical, Dental, Vision, Employee Assistance Program, Life Insurance, Disability, and Savings Plans. Please visit the City's benefits page for detailed information on coverage, cost, and dependent coverage.

For information on the City’s Retirement Plan(pension for full-time employees), please visit the Office of Retirement Services website. You will be able to view information based on different Sworn/Federated job classification. 

In additional to the benefits above, there is an additional perks site to explore further benefits of working for the City of San Jose like paid leave, educational reimbursements, and holiday pay are specific to the job classification and union membership.

01
If you have a bachelor's degree or higher from an accredited college or university in a related field, please state the field of study and the issuing accredited college or university.
02
How many years of experience do you have in directly related to housing, mixed use housing, real estate development, neighborhood development, state and federal grant management, homelessness interventions and solutions, housing policy development, or housing program development, rehabilitation, or construction of housing economic and community development projects? Please Note: One year of Full-Time experience = 2080 Hours.
  • Fewer than 4 years (8320 hours)
  • 4 years to 5 years (10400 hours)
  • 5 years to 6 years (12480 hours)
  • 6 years to 7 years (14560 hours)
  • 7 years to 8 years (16640 hours)
  • 8 years or more
03
Out of the experience in the questions listed above, how many years have you been at a level similar in nature of a Development Specialist with the City of San Jose? Please Note: One year of Full-Time experience = 2080 Hours.
  • Fewer than 1 year (Less than 2080 hours)
  • 1 year or more (2080 hours or more)
04
Please describe your personal experience with affordable housing and the impact housing affordability has on economic opportunity.
05
Please describe your working style and how you typically communicate within a team.
06
Do you have experience collaborating with multiple stakeholders in support of the development of affordable housing? If so, please describe your experience.

Required Question

Agency
City of San Jose
Address
200 E Santa Clara St

San Jose, California, 95113
Phone
(408) 535-1285