Loan and Grant Specialist - Remote or Hybrid
POSITION SUMMARY:
Under the mission of DOLA, the Division of Housing (DOH), this position will be responsible for preparing and executing loan and grant agreements for the Division of Housing. These agreements contain the terms and conditions upon which the State of Colorado will provide state and/or federal funds to the qualified applicants for use in the acquisition, development, rehabilitation, and preservation of affordable housing, supportive housing, emergency shelters, providing housing services, and other housing-related assistance. For more information about the Division of Housing go to: http://www.dola.colorado.gov/doh.
Specific responsibilities include but are not limited to:
- Prepares negotiates and executes grant agreements to provide funding to non-profit organizations, local governments, or other eligible applicants for use in the implementation of housing programs and services.
- Prepares negotiates and executes loan agreements, grant agreements, and ancillary documents in order to provide state investment in the acquisition, development, rehabilitation, and preservation of affordable housing. Borrowers and grantees include private housing developers, housing authorities, non-profit organizations, local governments, or other eligible applicants.
- Works with the DOH underwriter, development specialist, and/or program manager to incorporate the project description, project budget, performance milestones, and other elements of the statement of work; ensures that terms and conditions in the exhibits related to regulatory compliance are appropriate for the project type and the funding source, circulates draft documents for internal review and execution.
- Drafts amendments, option letters, releases, consents, and other documents that modify or amend DOH grant and loan agreements and contracts.
- Interfaces with grantees, borrowers, lenders, investors, legal counsel, and other parties to ensure that the drafts are acceptable and to negotiate any proposed changes to the draft documents.
Minimum Qualifications, Substitutions, Conditions of Employment & Appeal Rights
EDUCATION AND EXPERIENCE:
Bachelor’s degree from an accredited institution in Finance, Business Administration, Public Administration, Economics, Legal Studies, English, or closely related field
AND
Two (2) years of professional experience in technical writing, purchasing, paralegal services, contract administration, contract management, contract monitoring, or preparing grant, loan or contract agreements.
This experience must be demonstrated in your application to be considered for employment.
Substitutions:
- Professional experience in technical writing, purchasing, paralegal services, contract administration, contract management, contract monitoring, or preparing grant, loan, or contract agreements may be substituted on a year-for-year basis for the bachelor's degree.
- OR
- A Master’s Degree in Law or a Juris Doctor degree from an accredited college or university may be substituted for the required experience on a year-for-year basis.
Preferred Qualifications:
- Colorado State service experience as identified in the minimum qualifications above
- Law degree or a paralegal certificate
- Experience with state or federal housing assistance programs
- Experience preparing or reviewing real estate documents
Highly Desired Skills and Competencies:
- Be a quick learner
- Ability to work across teams
- Strong attention to detail
- Effective problem-solving skills
- Effective verbal and written communication skills
- Ability to multi-task, prioritize assignments, and organize work to accommodate shifting deadlines.
- Proficiency in MS Office suite, specifically MS Word, Excel.
- Strong interpersonal skills
- Ability to effectively collaborate with internal and external customers
Conditions of Employment:
- You MUST be a Colorado resident to apply for this position.
- A pre-employment background check will be conducted as part of the selection process.