Housing Finance Specialist I

Jul 13 2021
State of Hawaii |Honolulu|Full Time, $75,612 - $85,032 / year
Job Description

The Finance Branch provides the overall administration of the various housing financing programs under the HHFDC including the issuance of tax exempt and taxable bonds to finance mortgages and the construction and/or acquisition of rental housing projects.

The Rental Financing Unit provides assistance to individuals and families in obtaining affordable rental units. The Rental Financing Unit also provides assistance to developers/owners of rental units to create and/or maintain affordable rental units and incentives to stimulate the development of rental housing through the issuance of tax-exempt bonds, tax credits, and rental assistance.

Assistance is provided through various programs, such as the Hula Mae Multi-Family Rental Housing Bond Program, Federal and State Low Income Housing Tax Credit Program, Rental Housing Revolving Fund and the Rental Assistance Program. This position is primarily responsible for the day-to-day activities necessary to administer these various programs.

 

Minimum Qualification Requirements


Knowledge:

Knowledge of or ability to learn applicable State and Federal tax laws relating to multi-family/rental housing bond financing and program administration; federal rules and regulations relative to federally funding programs; development and construction of multi-family housing, methods and principles used in appraising, buying, selling and financing real property; factors affecting property values and real estate trends.


Skills/Abilities:

Review and analyze program data and derive sound conclusions; interpret and apply state and federal laws and regulations; give and receive oral and written instructions; use computer.


Education:

Graduation from an accredited college with a bachelor’s degree in accounting, finance, or economics.


Experience:

One (1) year of experience in the field of finance.


Other:

The requirements in Education and Experience stated above may be substituted with graduation from high school or equivalent with six (6) years of work experience performing technical analysis, or activities in the field of real estate finance or development.


Recruitment Information


Send resume to: [email protected]

 

This posting is for the State of Hawaii, Department of Business Economic, Development & Tourism.

The position is located on the Island of Oahu.

The State of Hawaii is an Equal Opportunity Employer.

COVID-19 precautions
  • Remote interview process
  • Social distancing guidelines in place
  • Virtual meetings
  • Sanitizing, disinfecting, or cleaning procedures in place