Description
Description
position
Multifamily Lending Manager
division/department
Community Development/Multifamily Lending
classification
Exempt
nature of position
Responsible for the day-to-day administration of the community development multifamily lending originations and underwriting team including supervision of the loan production staff, supervision of the Proposition 123 selection and underwriting process, evaluation of proposed financing structures, collaborating cross-divisionally with Finance and Legal on project-related issues, budgeting, reporting, strategic and business planning, and program development. This is a management position that reports to the Director of Community Development.
essential functions
Leadership
Managing workloads of the business development and underwriting staff, evaluating performance, and ensuring loan production goals are met.
Represent CHFA and the division by serving on internal committees, cross-functional teams, and representing on external boards.
Working closely with the Community Development management team to achieve divisional goals and organizational KPIs.
Champion employee engagement that aligns with CHFA's vision, mission, values, and strategy within Department.
Be the conduit between CHFA enterprise-wide strategic goals and Departmental strategy alignment.
Lead the tactical implementation of CHFA's strategic plan and projects.
Cultivate buy-in, collaboration, and actions needed by Department to achieve outcomes.
Lead and report progress and barriers towards CHFA and Departmental KPIs.
Champion and lead Departmental/cross-Departmental innovation including identifying areas of opportunity and the necessary resources.
Support an innovation mindset with team members and provide timely feedback to ideas.
Be visible, connected, and available to Department’s customers and stakeholders.
Cascade and implement Department’s customer and community engagement strategies.
Elevate a shared-understanding of customer and stakeholder needs and opportunities relative to CHFA's mission and products, services, and strategy.
Drive customer satisfaction through solicitation of feedback, responsiveness, and action.
Operational Oversight
Oversight of business development, outreach, and marketing efforts, consistent with divisional and organizational marketing strategy.
Oversight of the underwriting process, ensuring project underwriting complies with the CHFA Community Development Lending Credit Policy and program guidelines.
Oversight of the Proposition 123 Equity and Concessionary Debt (excluding Modular Factory Finance) selection and underwriting processes, ensuring adherence to program guidelines.
Collaborating with the Finance and Legal divisions on deal-specific issues and program-related improvements.
Coordinating and facilitating the weekly division loan committee meeting, ensuring timely preparation of materials and effective review of loan recommendations in preparation for Loan Committee and Board presentations.
Maintaining an awareness of statewide economic market conditions affecting CHFA’s community development activities.
Solid understanding of laws and regulations to ensure proper compliance and oversight on business processes.
Manage departmental resources—inclusive of talent, time and technology—to deliver high performance.
Be customer focused and expect high performance from the team, proactively identifying areas to adjust.
Foster cross-Departmental coordination.
Establish and oversee Departmental budget(s), reporting, and analysis that supports and informs financial planning and forecasting.
Ensure tactical execution and adherence to financial plans and budgeting.
Collaborate with other Departments to ensure product and/or program pricing is aligned with business goals.
Ensure adherence to financial policies and controls.
Lead Departmental and cross-Departmental (as appropriate) Risk Management in alignment with CHFA and Divisional risk appetite and risk tolerance:Ensure business activities align with risk appetite and risk tolerance
Establish and maintain policies and procedures.
Establish and maintain regular cadence for risk evaluation and
strategy development.
Identify and elevate emerging risks timely, across all risk sectors.
Other duties as assigned.
Multifamily Lending/Community Development Lending
Working with the State Office of Economic Development and International Trade (OEDIT) on issues related to CHFA’s administration of the Proposition 123 Affordable Housing Financing Fund.
Reviewing loan programs on an ongoing basis for effectiveness, relevance, and competitiveness in the marketplace including new product opportunities.
Serving as a resource on affordable housing through participation in workshops, conferences, meetings, and one-on-one contacts.
Providing regular and ongoing marketing presentations to partners, including financial institutions, non-profit organizations, affordable housing organizations, and community leaders.
knowledge, skills, and ability
Must possess:
-Effective leadership and management skills
-Experience in affordable housing lending, real estate, and commercial lending
-Understanding of sound underwriting principles and the ability to assess credit risk.
-Ability to develop and sustain relationships within the community exercising a high level of professionalism and tactful judgment
-Ability to communicate, both orally and in writing, in an effective and diplomatic manner with management, Board, co-workers and in public forums
-Strong knowledge of state, federal resources including private activity bond, tax credits and other financing tools
-Strong interpersonal and organizational skills
-Strong team building skills and willingness to participate within cross-functional teams
-Strong ethical decision making skills
-Strong customer service skills
-Willingness to participate in formal training, educational programs, and professional organizations to enhance working relationships, knowledge and skills
-Working knowledge of MS Outlook, Word, Excel, and ability to learn computer systems related to Community Development
-Abilities that reflect our values:Ability to continuously improve and develop knowledge and skills, while adapting quickly to changing circumstances and processes
-Ability to work towards inclusion in all activities, and decisions through the solicitation and appreciation of diverse perspectives
-Ability to exercise personal accountability in all activities and decisions
-Ability to embrace a culture of operational excellence to ensure processes are continually evaluated and improved as necessary
-Ability to operate with a sense of integrity
-Ability to have fun with a demonstrated sense of humor
-Ability to establish rapport with persons of diverse ethnic, racial, and cultural backgrounds is essential
experience/education
Bachelor’s Degree in Business Administration, Finance, Planning, or a related field, or demonstrated equivalent experience required
Successful candidate must possess a minimum of ten (10) years’ experience in commercial lending, with demonstrated experience in affordable housing and economic development
The candidate must have demonstrated knowledge in the use of state and federal commercial financing tools and enhancements, federal tax credit programs, federally insured programs, tax-exempt and taxable bond finance structures, and commercial loan underwriting
equipment used
Telephone, personal Smartphone, vehicle.
work environment
The incumbent in this position will perform the essential functions of the position with or without assistive devices in a hybrid environment, which may require sitting at a desk for long periods. Statewide travel is required with occasional out-of-state and overnight travel. This position requires high levels of interaction and collaboration with others.
benefit information
Comprehensive medical, dental, and vision insurance plans with competitive rates
Generous Paid Time Off, including paid volunteer time and leave programs.
Please visit our benefits page for additional information
how to apply
External candidates: Please apply online at www.chfainfo.com - Careers Tab
validation statement
This job description is a general description of essential job functions. It is not intended as an employment contract, nor is it intended to describe all duties someone in this position may perform.
hiring range
$115,000 - $160,000 + annual bonus
Applications for this position are encouraged through April 17, 2026, and will be accepted until the position is filled.
With respect to its programs, services, activities, and employment practices, the Colorado Housing and Finance Authority assesses qualified individuals without regard to their race, color, religion, sex, (including pregnancy, sexual orientation, or gender identity), age, national origin, disability, veteran status, genetic information, or other protected status. Requests for reasonable accommodation or any complaints alleging violation of this nondiscrimination policy should be directed to the nondiscrimination coordinator, 1.800.877.2432, CHFA 1981 Blake Street, Denver, CO 80202, available weekdays 8:00 a.m. to 5:00 p.m.
Requirements
Bachelor’s Degree in Business Administration, Finance, Planning, or a related field, or demonstrated equivalent experience required
Successful candidate must possess a minimum of ten (10) years’ experience in commercial lending, with demonstrated experience in affordable housing and economic development
The candidate must have demonstrated knowledge in the use of state and federal commercial financing tools and enhancements, federal tax credit programs, federally insured programs, tax-exempt and taxable bond finance structures, and commercial loan underwriting
