Direct Lending Program Analyst (PA3)

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Application Deadline:

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Job Description:

OHCS commits to inclusive excellence by advancing equity and diversity in all that we do. We are an Affirmative Action/Equal Opportunity employer and encourage applications from members of historically underrepresented racial/ethnic groups, women, individuals with disabilities, veterans, LGBTQ+ community members, and others to help us achieve our vision of a diverse and inclusive community.

Our Vision is that all Oregonians can pursue prosperity and live free from poverty.

Our Mission is to provide stable and affordable housing and engage leaders to develop an integrated statewide policy that addresses poverty and provides opportunity for Oregonians.

Our Core Values: Collaboration - Compassion - Equity - Integrity - Leadership - Transparency.

• Working Condition: Remote > This position can be fully remote with some requirements for in-person work.

• This position is permanent, full-time, and represented by SEIU.

• Per the SEIU CBA for OHCS represented positions, applicants who are current OHCS employees will be considered and interviewed before external applicants.

• This recruitment will be used to establish a list of qualified applicants to fill the current vacancy and may be used to fill future vacancies as they occur.

• This position requires both a resume and a cover letter, the cover letter will need to address the desired attributes listed in this job posting.

The person in this position serves as the Oregon Housing and Community Services (OHCS) authority and technical expert for the Direct Lending Program - a state lending initiative designed to finance affordable housing development in Oregon. OHCS holds statutory authority to re-launch this program and act as the senior lender on projects by issuing bonds and lending proceeds for permanent, long-term financing.

The position leads the development and administration of the Direct Lending Program in collaboration with internal teams, other state agencies, local governments, and community organizations. Responsibilities include establishing program standards, policies, and procedures; directing program operations; and implementing ongoing changes to meet evolving needs in alignment with OHCS goals and legislative mandates. This work ensures compliance with state requirements, mitigates risk to OHCS, and directly influences how collaborators access and utilize program resources.

The position is responsible for creating and maintaining all program materials-including manuals, applications, guidelines, administrative rules, and web content-and provides consultative guidance to internal staff and external partners. Decisions made in this role have significant impact on affordable housing development statewide and shape how lenders, developers, and agencies interact with OHCS programs.

A Bachelor's Degree in Business or Public Administration, Behavioral or Social Sciences, or a degree related to the agency program that demonstrates the capacity for the knowledge and skills; and four years' experience coordinating or administering a program
-OR-
Any combination of experience or education equivalent to seven years of experience that typically supports the knowledge and skill requirements listed for the classification.

To request a copy of the Position Description please contact HCS_HR.Solutions@hcs.oregon.gov

The most competitive candidates will possess the following attributes, experience, and knowledge:

• Experience in issuing bonds, credit-enhanced transactions, and lending proceeds for permanent, long-term financing.

• Strong background/experience in program resource tracking, management, and reporting.

• Ability to prioritize and organize tasks and manage multiple projects simultaneously.

• Experience promoting diversity, equity, and inclusion principles and practices in the workplace.

• Knowledge of federal financing programs, particularly those related to HUD, Federal Housing Administration and/or other federal credit programs.

• Strong financial analysis background and experience with affordable multifamily underwriting.

• Experience working with amortizing debt products.

• Intermediate understanding of affordable housing finance and development.

• FHA Risk Share, agency lending, and Multifamily Accelerated Processing (MAP) experience preferred.

• Familiarity with Oregon affordable real estate finance and development.

• Knowledge of federal, state, and local funding programs, and financial policy.

You will become part of an innovative and strategic group of professionals and enjoy a competitive salary and benefits package!

• A positive environment that offers opportunities for career growth and cross-training.

• An agency that supports and encourages work/life balance and overall wellness.

• Generous benefits package including, employer-paid health insurance, vacation, and sick leave, eleven paid holidays, three paid personal days, flexible spending accounts, and an employer contribution retirement plan (PERS).

• The posted salary range is the total possible range for the classification. Candidates are screened through a Pay Equity process that evaluates various factors. Please see the Pay Equity website for more information.

*These dates are approximate and may change. *

• Recruitment Closes: 04/23/26

• Recruiter Screening for Minimum Qualifications: On-going

• Hiring Manager Screening for Requested Skills: On-going

• 1st Round of Interviews: Week of 05/04/26

• 2nd Round of Interviews: Week of 05/11/26

• Anticipated Start Date: 06/15/26

• Current State of Oregon employees: Apply via your employee Workday account.

• External applicants: View this application instructional video. A PDF is also available by clicking here.

• REQUIRED: Attach your most up-to-date Resume. Please ensure your Workday profile matches your submitted resume.

• REQUIRED: Attach a Cover Letter that demonstrates how you meet the "Desired Attributes" for this position.

• A Cover Letter that does not meet the required criteria will be graded as ineligible.

If you have questions about the job announcement, or need an alternate format to apply, please contact the HR Solutions Inbox at: HCS_HR.Solutions@oregon.gov

Oregon Housing and Community Services (OHCS) is Oregon's housing finance agency. We provide financial and program support to create and preserve opportunities for quality, affordable housing for Oregonians of lower and moderate incomes. Our vision is that all Oregonians can pursue prosperity and to live free from poverty. Across Oregon, housing has emerged as a paramount concern. The lack of available housing, high rents and high home prices are driving rapid increases in housing instability and homelessness. The data is clear: too many Oregonians are without a safe, stable, and affordable place to call home.

OHCS is placing greater emphasis on strategic planning and the way we invest our resources. Recently, we have restructured, refocused, and reimagined our agency. Our work has led to an increased emphasis on data, research, and customer service. We are carrying that effort forward with the Statewide Housing Plan. The plan articulates the extent of Oregon's housing problem and what we can do to address it. OHCS committed to the Housing Stability Council and our stakeholders that the plan will be responsive to the needs of the state.

OHCS released its Building Oregon's Future: 2023 Annual Report to update the agency's significant progress in meeting the goals outlined in the 2019 Statewide Housing Plan. We are now more than halfway into the five-year plan.

To learn more about Oregon Housing and Community Services, visit our website: https://www.oregon.gov/OHCS/pages/index.aspx

The Development Resources Section of the Affordable Rental Housing Division administers federal, and state funded multifamily rental housing resources to facilitate the increased availability of safe, decent, and affordable housing for Oregonians with low incomes. The Development Resources section administers competitive and non-competitive funding processes to dedicated funding resources. The section ensures policy objectives are met while meeting local needs and statewide priorities. The section also ensures long-term affordability through its financing. This position is within the Resources Unit, which is part of the Development Resources Section. This unit is responsible for administering state and federal programs, and funding processes to help build new and preserve affordable housing throughout Oregon.

• If you need a reasonable accommodation under the Americans with Disabilities Act (ADA), have questions or need assistance with the application process, please send your request to HCS_HR.Solutions@hcs.oregon.gov and include the job requisition number.

• The salary listed is the non-PERS qualifying salary range. If the successful candidate is PERS qualifying, the salary range will reflect an additional 6.95%. Please review the Classification and Compensation page for more details.

• Please save a copy of this job announcement for reference as it may not be available to view after the job closes.

• Finalists will be subject to a computerized criminal history check.Adverse background data may be grounds for immediate disqualification.

• Work Authorization: Oregon Housing & Community Services (OHCS) does not offer VISA sponsorships. Within three days of hire, you will be required to complete the US Department of Homeland Security's I-9 form containing authorization to work in the United States. OHCS will use E-Verify to confirm that you are authorized to work in the United States.

• Veteran's Preference: Eligible veterans who meet the qualifications will be given veterans' preference. For further information, please see the following website: Veterans Resources. NOTE: If claiming veterans' preference please be sure to check your Workday account for pending tasks or actions under your "My Applications" section.

• The State of Oregon does not request or require your age, date of birth, attendance or graduation dates from an educational institution during the application process.

Emails

• HCS_HR.Solutions@hcs.oregon.gov

Links

• Application Instructional PDF
• Application Instructional Video
• Benefits Information
• Classification and Compensation Page
• OHCS Website
• Oregon's Statewide Housing Plan - Halfway Progress Report
• Oregon's Statewide Housing Plan - Full Plan
• Pay Equity
• Public Employees Retirement System (PERS)
• Veterans Resources