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Director of Economic Development

NH Community Development Finance Authority

Created in 1983, the Community Development Finance Authority (CDFA) supports affordable housing and economic development activities that benefit low and moderate income citizens in New Hampshire.

CDFA administers nearly $25 million in funding resources, which includes a combination of state tax credits and federal Community Development Block Grant, and Energy Reduction Funds. We support the development of vibrant and resilient communities by providing financial resources to nonprofits, community development organizations, counties, municipalities, and for-profit businesses. These organizations, in partnership with CDFA, create affordable housing, support the formation of new jobs and help retain existing employment for low and moderate income New Hampshire residents.


The New Hampshire Community Development Finance Authority (CDFA) is in search of a economic development professional who is passionate about community economic development, cares deeply about providing opportunities for low-and-moderate income people, and possesses uncompromising ethical ambition.

As CDFA’s Director of Economic Development, this position serves as the top Economic Development staff reporting to the Executive Director. Primary functions are to manage existing CDFA economic development programs, seek to improve the reach and use of these programs, work with partner agencies to maximize and leverage economic development resources, and find creative and innovative solutions. The Director establishes the framework and strategy of the organization’s economic development programs and identifies growth opportunities.   The Director regularly provides technical assistance in the areas of finance, economic development strategy, and planning to improve the economic development ecosystems and help projects be successful. 

Requirements:
  • Bachelor’s degree in related field and a minimum of 10 years relevant work experience, or an equivalent combination of education and experience. 
  • Experience in a position of responsibility working with Federal and/or State grants.
  • Strong analytical skills, including ability to analyze financial statements.
  • Excellent oral and written communication skills; ability to construct professional business communications.
  • Ability to speak with confidence and clarity, and make professional presentations to a varied group of stakeholders.
  • Excellent interpersonal and customer service skills, including problem solving and an approachable style.
  • Ability to work independently and in a team environment.
  • Ability to multitask, meet critical deadlines, and operate under pressure for rapid turnaround. 
  • Ability to periodically travel statewide by possessing a valid NH license and a working vehicle with proof of insurance coverage.
Responsibilities:

Economic Development Expert

  • Act as Economic Development “expert” within the team, and provide timely and effective response to the express needs of potential applicants, applicants, grantees, the general public and internal staff.
  • Take process management responsibility for CDFA economic development programs, including establishing process order and deadlines, monitoring of critical information such as compliance deadlines, funding changes and reporting.
  • Collect, review, enter and/or transmit and provide preliminary approval of required grant documentation. Has ultimate responsibility for securing required information and for its completeness and accuracy, ensuring compliance with internal standards and external regulations.
  • Manage contracts for approved Economic Development projects. Ensure that required documents are collected and reviewed on time and meet standards. Review and approve requests for disbursements in accordance with rules, regulations, and CDFA finance standards.
  • Prepare and present written and oral analysis and recommendation for decision-making boards or committees. Provide timely and accurate information for management and BOD/committees as needed. Conduct and report on required and periodic project monitoring. Manage contract amendments as needed.
  • Conduct regular and productive outreach and coordination with CDFA partner agencies on the state and local level, working to maximize and leverage economic development resources throughout NH.

Portfolio Management

  • Perform analysis of applications for funding/financing, including organizational capacity, community development purpose, assessment of financial viability, impact of proposed project, and relative scoring. Conduct sites visits.  Determine if projects are eligible for funding based upon established criteria. Research alternate funding/financing sources and make recommendations as appropriate.
  • Establish strong working relationships with other members of the portfolio management team and other internal departments to ensure responsive, efficient and effective management of CDFA resources for benefit of grantees and stakeholders.
  • Represent CDFA to external stakeholders in CDFA hosted workshops, community gatherings and other public events. Work with CDFA communications staff as needed to promote projects and activities.
  • Maintain strong and current professional knowledge of community development challenges, opportunities, and instruments, in general and as specifically related to economic development in NH. Through interaction with grantees and other external stakeholders, identify community development financing and technical assistance needs to which CDFA might provide a solution.
  • Other duties related to portfolio management and the CDFA operations as requested.
How to Apply:

Please submit resumes and letters of interest to dohconsultingsvcs@gmail.com.

Job Location:

Concord

Date Added: November 7, 2017

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