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Housing Cooperative Specialist

New Hampshire Community Loan Fund

New Hampshire Community Loan Fund serves as a catalyst, leveraging financial, human, and civic resources to enable traditionally underserved people to participate more fully in New Hampshire’s economy.

We do this by:

  • Providing loans, capital and technical assistance;
  • Complementing and extending the reach of conventional lenders and public institutions; and
  • Bringing people and institutions together to solve problems.

About us: 
The New Hampshire Community Loan Fund collaborates with a wide range of donors and investors, and with business, nonprofit and government partners. Together, we provide the financing and support that people with low and moderate incomes need to have affordable housing. Quality jobs. Child care and early education for their children. And to become financially independent.

About the role:
Provide guidance to homeowners who wish to purchase and operate their communities as a cooperative corporation, or resident-owned community.  From navigating the real estate deal to aligning solutions for incorporation, add value through a strong relationship and the development of resident’s professionalism by training and assisting the formation of boards, governance, and working groups. 

• Deal Development – provide cooperative conversion assistance by organizing and facilitating meetings of manufactured-home park residents to provide guidance on the potential purchase of their community through the 60-day notice process or negotiated sale; prepare and present credit memos and pro-formas for presentation to Loan Committees; assist in preparation of all documents necessary to complete the acquisition for the cooperative.
• Opportunity Management – assist Board of Directors in developing effective committees, provide training resources to develop the production of community bylaws, rules, and documentation including membership and occupancy agreements, monitor progress of community to include monthly review of budgets and meeting minutes; support all aspects of community financial and loan compliance including plans to assess organizational health, troubleshooting problems, and developing of goals and action plans.
• Infrastructure Projects – coordinate and assist with planning of infrastructure projects by working with Board of Directors, committee, civil and other engineers, zoning boards, building inspectors, etc.; act as a navigator for the community in identifying potential funding partners for community projects; monitor projects so all activities are coordinated to meet deadlines; assist in all infrastructure lending phases including documentation and loan reviews.
• Team Player – Provide support to other ROC-NH team members by knowledge sharing, acting as a back-up, and participating in organizational initiatives; complete updates and summaries for weekly team meeting; author annual borrower updates.

Requirements:

About you:
Calm, comfortable thinking on your feet/problem solving, able to self-manage work life balance, leadership, have finance and/or real estate experience, ability to earn trust quickly, manage meetings to move things forward, with diplomacy, tact, and be a team player.
Qualifications:

  • Bachelor’s degree or equivalent;
  • Ability to author and read financial documents;
  • Real estate experience a plus;
  • Proficient in Microsoft Office Suite;
  • Valid driver’s license;
  • Ability to work nights and weekends
How to Apply:

Interested applicants may send a resume and cover letter, including salary expectations, to the Community Loan Fund at jobopening@communityloanfund.org.

No phone calls, please.
Equal Opportunity Employer
Visit us at www.communityloanfund.org

Job Location:

Concord

Date Added: August 2, 2017

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