wlmmyers
06-04-2002, 04:29 PM
Please respond to: Angie McCarrel, Senior Program Officer-Lending
Angie@impactcapital.org
phone: 206.587.3200 ext. 106
fax: 206.587.3230
Impact Capital
401 Second Avenue South, Suite 301
Seattle, Wa 98104
IMPACT CAPITAL
Programs Provided in Conjunction with LISC
Impact Capital, formerly known as the Washington Community Development Loan
Fund, seeks qualified applicants for the position of Program Officer for
Lending. Impact Capital manages a statewide community development loan
fund, based in Seattle, Washington. We also have a satellite office in
Spokane. Impact Capital has offered pre-development financing and
capacity-building programs to assist nonprofit organization engaged in
affordable housing and community and economic development since
1994. Impact Capital delivers its programs in conjunction with the Local
Initiatives Support Corporation (LISC), a national intermediary that has
served Washington State since 1988.
In June 2000, Impact Capital established a new $20 million loan fund. The
new loan fund, capitalized with private and public grants and investments,
offers a series of specialized short-term mortgage financing products. The
loan products are available to community development corporations,
nonprofit organizations, housing authorities or tribes undertaking
affordable housing, community or economic development projects. Section 8
preservation projects developed by for-profit developers will also be
eligible for certain loan products.
Impact Capital is a nonprofit Community Development Financial Institution
(CDFI) which is governed by a statewide Board of Directors representing
private corporations and philanthropy, government, consumers and other
individuals active in affordable housing, community and economic development.
Job Duties
The Program Officer will work directly with organizations seeking Impact
Capital funding, public financing agencies and private banks. The primary
job responsibilities include:
Ø Analyze and underwrite housing and real estate based economic
development projects serving low-income populations throughout Washington
State;
Ø Prepare detailed written underwriting assessment of loan requests
and present recommendations to the Board of Directors or Regional Credit
Committees;
Ø Close loans, approve loan disbursements, and manage loan portfolio;
Ø Provide technical assistance to organizations requesting Impact
Capital loan funds;
Ø Evaluate organizational capacity and make recommendations for
capacity grants or training programs; and
Ø Provide general staffing to the Regional Credit Committees.
The Program Officer will work in an energetic and enjoyable team
environment of fourteen total staff. This includes three other Program
Officers devoted primarily to lending.
Impact Capital contracts for staff payroll and benefits with the
LISC. Therefore, the Program Officer will be employed by LISC but will
perform duties on behalf of Impact Capital and LISC.
Required Qualifications
1. At least five years experience in lending or development of housing
or commercial projects;
2. Experience in closing real estate transactions either as lender or
borrower;
3. Experience and/or good familiarity with the operations of
non-profit organizations;
4. Excellent written and oral communication skills;
5. Strong computer skills in word processing and spread sheets,
preferably experience with Windows, Word, and Excel;
6. Demonstrated ability to work successfully with diverse constituencies;
7. Ability to work independently; and
8. BA or BS degree in relevant field.
Preferred Qualifications
1. Familiarity with affordable housing, community, and economic
development issues and financing sources;
2. Experience in loan portfolio management;
3. Experience with development issues in a variety of settings
including urban, suburban, small town, and rural areas;
4. Experience working as a lender, developer, funder, or technical
assistance provider to community-based organizations;
5. Graduate degree in related field (e.g. real estate finance,
business, nonprofit management, public policy, or planning).
LISC serves as Impact Capital's contractual employer. Impact Capital, via
LISC, offers a competitive salary and generous benefit package. Qualified
applicants should submit a resume and brief cover letter by close of
business Thursday, June 13, 2002 to:
Impact Capital
Attn: Angie McCarrel, Senior Program Officer
401 Second Avenue South, Suite 301
Seattle, WA 98104
Resumes may also be submitted at your own risk via email:
hr@impactcapital.org or fax: (206) 587-3230. For additional information
please refer to the Impact Capital website: www.impactcapital.org or call
(206) 587-3200.
AN EQUAL OPPORTUNITY EMPLOYER
This post transferred from the cdb-l mailing list
Angie@impactcapital.org
phone: 206.587.3200 ext. 106
fax: 206.587.3230
Impact Capital
401 Second Avenue South, Suite 301
Seattle, Wa 98104
IMPACT CAPITAL
Programs Provided in Conjunction with LISC
Impact Capital, formerly known as the Washington Community Development Loan
Fund, seeks qualified applicants for the position of Program Officer for
Lending. Impact Capital manages a statewide community development loan
fund, based in Seattle, Washington. We also have a satellite office in
Spokane. Impact Capital has offered pre-development financing and
capacity-building programs to assist nonprofit organization engaged in
affordable housing and community and economic development since
1994. Impact Capital delivers its programs in conjunction with the Local
Initiatives Support Corporation (LISC), a national intermediary that has
served Washington State since 1988.
In June 2000, Impact Capital established a new $20 million loan fund. The
new loan fund, capitalized with private and public grants and investments,
offers a series of specialized short-term mortgage financing products. The
loan products are available to community development corporations,
nonprofit organizations, housing authorities or tribes undertaking
affordable housing, community or economic development projects. Section 8
preservation projects developed by for-profit developers will also be
eligible for certain loan products.
Impact Capital is a nonprofit Community Development Financial Institution
(CDFI) which is governed by a statewide Board of Directors representing
private corporations and philanthropy, government, consumers and other
individuals active in affordable housing, community and economic development.
Job Duties
The Program Officer will work directly with organizations seeking Impact
Capital funding, public financing agencies and private banks. The primary
job responsibilities include:
Ø Analyze and underwrite housing and real estate based economic
development projects serving low-income populations throughout Washington
State;
Ø Prepare detailed written underwriting assessment of loan requests
and present recommendations to the Board of Directors or Regional Credit
Committees;
Ø Close loans, approve loan disbursements, and manage loan portfolio;
Ø Provide technical assistance to organizations requesting Impact
Capital loan funds;
Ø Evaluate organizational capacity and make recommendations for
capacity grants or training programs; and
Ø Provide general staffing to the Regional Credit Committees.
The Program Officer will work in an energetic and enjoyable team
environment of fourteen total staff. This includes three other Program
Officers devoted primarily to lending.
Impact Capital contracts for staff payroll and benefits with the
LISC. Therefore, the Program Officer will be employed by LISC but will
perform duties on behalf of Impact Capital and LISC.
Required Qualifications
1. At least five years experience in lending or development of housing
or commercial projects;
2. Experience in closing real estate transactions either as lender or
borrower;
3. Experience and/or good familiarity with the operations of
non-profit organizations;
4. Excellent written and oral communication skills;
5. Strong computer skills in word processing and spread sheets,
preferably experience with Windows, Word, and Excel;
6. Demonstrated ability to work successfully with diverse constituencies;
7. Ability to work independently; and
8. BA or BS degree in relevant field.
Preferred Qualifications
1. Familiarity with affordable housing, community, and economic
development issues and financing sources;
2. Experience in loan portfolio management;
3. Experience with development issues in a variety of settings
including urban, suburban, small town, and rural areas;
4. Experience working as a lender, developer, funder, or technical
assistance provider to community-based organizations;
5. Graduate degree in related field (e.g. real estate finance,
business, nonprofit management, public policy, or planning).
LISC serves as Impact Capital's contractual employer. Impact Capital, via
LISC, offers a competitive salary and generous benefit package. Qualified
applicants should submit a resume and brief cover letter by close of
business Thursday, June 13, 2002 to:
Impact Capital
Attn: Angie McCarrel, Senior Program Officer
401 Second Avenue South, Suite 301
Seattle, WA 98104
Resumes may also be submitted at your own risk via email:
hr@impactcapital.org or fax: (206) 587-3230. For additional information
please refer to the Impact Capital website: www.impactcapital.org or call
(206) 587-3200.
AN EQUAL OPPORTUNITY EMPLOYER
This post transferred from the cdb-l mailing list