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DESCRIPTION
DEADLINE TO APPLY IS SUNDAY, MAY 1, 2022 AT 11:59 PM
IF YOU ARE INTERESTED, PLEASE APPLY IMMEDIATELY
A resume and cover letter are not required with your application, but highly encouraged
THIS IS A TIME-LIMITED POSITION TO END ON JUNE 30, 2026
Be ready to rethink your assumptions about the public sector. Flexible hours? Flexible work location? A beautiful, well-located, high amenity building for on-site work? Yes, yes, and yes!
The Metropolitan Transportation Commission (MTC) is the transportation planning, financing and coordinating agency for the nine-county San Francisco Bay Area. For more information about MTC, visit www.mtc.ca.gov.
The Preservation Program Coordinator will support the Bay Area Housing Finance Authority (BAHFA), a new Section of MTC focused on the advancement of the “3 Ps”: tenant protections, affordable housing preservation, and new housing production. Specifically, the Preservation Program Coordinator will lead the Section’s efforts to help convert market-rate and naturally occurring affordable housing to deed-restricted, permanently affordable housing. The Preservation Program Coordinator will also focus on bringing equitable housing opportunities to historically under-served communities, including the creation of programs and resources that enable households to establish financial stability and security. Prior experience working in housing preservation is required, as is a passion for addressing the Bay Area’s affordable housing needs.
Under general supervision by the BAHFA Director, the Preservation Program Coordinator will build strong relationships with stakeholders, including community-based housing development organizations, mortgage lenders, philanthropic entities, tenant advocates, property owners, and resident groups. Working in the context of such partnerships, the Program Coordinator will design and implement preservation programs that highlight equity, impact, and efficiency. The successful candidate will demonstrate a deep understanding of affordable housing finance, loan underwriting, rehabilitation best practices, and asset management, and will also bring excellent communication skills and the ability to engage with a diverse set of stakeholders across the Bay Area who often have different priorities.
All employees at MTC are classified as Disaster Services Workers.
SKILLS AND ABILITIES
The ideal candidate will have the following knowledge, skills and abilities:
Knowledge of:
Affordable housing development, especially acquisition/rehabilitation work
Housing finance sources and regulations
Loan underwriting best practices
Purchase and sale agreement standard terms
Standard acquisition due diligence activities
Standard terms for affordable housing loan documents, including loan agreements; deeds of trust; declarations of restrictions; promissory notes; subordination and non-disturbance agreements; and assignment and assumption agreements, among others
Proper English, spelling and grammar
Skills and Abilities
Operate an office computer, mobile devices, standard office equipment and a variety of word processing, presentation, database and other software applications
Quickly and accurately analyze and create sources and uses proformas in Microsoft Excel, including operating budgets and 20-year cash flows
Produce high-quality narrative and graphic presentations of BAHFA’s preservation work, typically in Microsoft PowerPoint and/or Word
Work with legal counsel to provide business terms for preservation-related loan agreements and other legal documents
Work independently
Keep accurate records
Make sound decisions within established guidelines
Learn, implement, explain and apply applicable laws, codes and regulations
Use initiative and sound judgment within established procedural guidelines
Communicate clearly and concisely, both orally and in writing
Collaborate with colleagues and external stakeholders in a team- and solutions-oriented way
MINIMUM QUALIFICATIONS
An appropriate combination of education and experience that has provided the required knowledge, skills and abilities is qualifying. A typical way of obtaining the required qualifications is:
Education: A Master’s degree from an accredited college or university in an appropriate field related to the area of assignment such as transportation planning, project management, public finance, transportation engineering, economics, business or public administration. (Applicants with a degree issued from an institution outside the United States must have their transcripts evaluated by an academic accrediting service and provide proof of equivalency along with their application.)
Experience: Three years of increasingly responsible experience in an appropriate field related to the area of assignment. Prior experience working in housing preservation is required.
A Bachelor’s degree in an appropriate discipline and four years of relevant experience is an alternative qualification.
License/Certificate: Possession of a valid California Class C driver’s license and a safe driving record, or the ability to provide alternate transportation which is approved by the appointing authority.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Specific duties and responsibilities include, but are not limited to, the following:
Create and implement funding programs that preserve affordable housing
Evaluate funding requests to determine short- and long-term financial feasibility, beneficial impact, and conformance with BAHFA’s regulatory framework and state and local regulatory requirements
Administer construction draw requests and monitor rehabilitation construction progress
Provide loan close-out functions at project completion
Provide high-quality technical assistance to borrowers, residents, community groups, and local housing staff
Build strong relationships with stakeholders and partners such as building residents; tenant advocates; local jurisdiction housing and planning staff; housing developers; and equity-focused community-based organizations
Provide prompt and professional service to all stakeholders that results in their engagement and satisfaction with new BAHFA programs and builds the effective and lasting partnerships necessary to advancing regional housing goals
Perform contract management functions that include administering and monitoring funding agreements and task orders, ensuring compliance with scope of work, budget, and schedule, and reviewing invoices to ensure accuracy and conformance to funding agreements and task orders
Communicate clearly and concisely, both orally and in writing, distilling detailed program or policy concepts into compelling, relevant, and understandable memos and presentations
Present technical memos and summary report findings to staff and external stakeholders
Represent MTC/ABAG in a variety of meetings and/or events
Perform other job-related duties as needed or assigned by the Section
THIS POSITION IS TIME-LIMITED THROUGH JUNE 30, 2026.
THE FOLLOWING ARE AMONG THE BENEFITS OFFERED TO EMPLOYEES OF MTC: Public Employees Retirement System (PERS); employee contributes a portion of gross salary on a pre-tax basis. MTC is subject to California Pension Reform and as of January 1, 2013 will offer two pension plans. The plan employee will receive will be based on the individual’s historical pension plan membership. HR will discuss this directly with all final candidates. Health Benefits Insurance through the Public Employees’ Retirement System (premiums are shared between agency and employee). Agency-paid Dental Insurance (dependent coverage shared by the employee and MTC). Agency-paid Vision Care Insurance, employees only (dependent coverage is paid in full by employee). Agency-paid Life, AD&D, Short Term and Long Term Disability Insurance. Eleven paid holidays per year. One day per month paid vacation leave; for each year of service, an additional day per year is granted to a maximum of 25 days per year. One day per month paid sick leave, with no limit to the amount of sick leave that can be accumulated. (May cash out up to 240 hours of accumulated sick leave upon separation from the Agency.) Personal Business leave; up to three (3) days per year depending upon date of hire. Monthly Transit/Parking Subsidy. Alternative employee-paid payroll savings plans (tax-deferred compensation plans). Two voluntary employee-paid pre-tax dependent care and flexible spending accounts available for employees to participate in. Voluntary Supplemental life insurance.
