Who We Are:
HAF is an innovative nonprofit lender and Community Development Financial Institution (CDFI). Established in 2017 by the San Francisco Mayor’s Office of Housing and Community Development, we create public-private partnerships and leverage private, philanthropic, and public capital to stem displacement of low-income and working families and accelerate the production of new affordable housing across the Bay Area.
HAF has raised over $280 million in capital and deployed and committed over $280M to help nonprofits acquire buildings and convert them to permanently affordability. HAF also manages a philanthropic fund on behalf of Tipping Point Community that aims to accelerate the delivery of housing for unhoused people by investing in projects that pilot new cost-cutting and time-saving approaches. Our pilot project at 833 Bryant delivered permanent support housing (PSH) for individuals experiencing homeless at half the time and two-thirds of the cost of market standard – and we’re just getting started!
We’re looking for a new team member to play a leading role in new, high-impact affordable housing transactions. That means everything from early-stage conversations with borrowers and feasibility assessments to creative deal structuring and loan closings. Position title, reporting structure, and specific responsibilities will be determined based on an individual’s background and experience.
You’re a great fit for the role if you:
We know that there is a skills gaps in the affordable housing sector, and we want to help train the next generation of affordable housing leaders. If you don’t meet all of the job description requirements but are passionate about our mission, we still strongly encourage you to apply. In the hiring process, we can speak to the professional development resources we can offer to support your growth.
Lending and Investing - New Transactions (70%)
Remaining 30% will depend on the Candidate. May include:
Our Values & Personality:
What the Role Looks Like:
Get to know your teammates and external partners; we’ll go on a walkthrough of all current portfolio projects across San Francisco and can see your impact up close.
Within A Month
You’re up to speed on our underwriting guidelines and process and, with support from the team, underwriting your first project. You and your manager will develop a road map of 6-month and 12-month goals, with defined resources to support you.
Within Three Months
You’ve closed a loan in partnership with your teammates and are working on your first solo project. You meet with the borrower to understand the needs of their acquisition rehab project, underwrite and close the loan.
Within Six Months
You’ve closed two more projects and have a sense of growth opportunities within HAF’s underwriting guidelines and the City’s. You’re able to be a thought partner to HAF’s leadership and City staff as underwriting guidelines for existing programs are reviewed.
Within One Year
Depending on level of seniority, you’re supporting or driving new product development. You are not only underwriting deals using HAF’s existing financial products, you are structuring loans outside of HAF’s existing product set and, in doing so, setting up new investment programs.
The Hiring Process:
Step 1: Applications
We’ll accept applications on a rolling basis through January 31st.
Step 2: Intro Calls
We’ll reach out to select candidates to schedule 20 minutes “getting to know you” calls. We’ll let the rest know they won’t be moving forward in the process.
Step 3: Additional Interviews
Candidates will have between 2 - 3 conversations with members of the HAF team, partners, and board.
Step 4: Exercise + Work Sample
Candidates will be asked to complete a series of questions based on HAF’s portfolio and asked to share a work sample that you’re proud of.
Step 5: Offer
We plan to extend an offer in early April with a start date in May / June.
Compensation (Salary + Bonus):
To Apply: Please send your resume, Linkedin profile, and a brief email note detailing your interest in HAF and fit for the role to Becca Hutman (firstname.lastname@example.org).
Who We Are:
HAF is an innovative nonprofit lender and Community Development Financial Institution (CDFI). Established in 2017 by the San Francisco Mayor’s Office of Housing and Community Development, we create public-private partnerships…