Managing Director, Homeownership Programs

This position is part of CHFA’s Executive Leadership Team and reports directly to the Chief Executive Officer-Executive Director.

The individual in this position directs and/or actively participates in departmental and Authority-wide strategic and business planning, representing CHFA with partners in the real estate, mortgage lending, housing counseling, foreclosure prevention, and nonprofit housing provider community to assess market needs and promote CHFA programs.

REQUIRED KNOWLEDGE, SKILLS & ABILITIES: (“MUST HAVES”):

Knowledge of many different lending programs and products associated with affordable housing, including first-time homebuyer programs, FHA, VA, RD, Fannie Mae and Freddie Mac programs as well as understanding of residential real estate development preferred.

Subject matter expertise regarding all aspects of mortgage production including marketing, business development, secondary mortgage marketing operations, mortgage insurance, quality control & regulatory compliance, risk management, origination, and underwriting; experience with tax-exempt bond issuance and compliance Strategic, visionary, results-driven, organized and diligent with integrity beyond reproach; continuous performance and process improvement-focused Demonstrated ability to manage complex issues within tight timeframes, design and implement new programs, establish and deliver on tactical business plans, and allocate resources appropriately Strong communication, presentation, stakeholder relationship management, negotiation, persuasiveness, listening, and diplomacy skills Excellent team leadership and management skills with strong emphasis on mentorship, coaching and development; must have the ability to lead cross-functional teams while working to high standards of accountability

MEASURES OF FIRST YEAR SUCCESS:

Align HO Measures & Metrics to the CT Housing Strategic Plan

– Keep 1st Year Goals on Track

– Integrate EMAP and Housing Counseling back into the HO Division

– Develop new HO programs and broaden diversity of homebuyer base

– Increase production back to pre-pandemic levels

– Provide a vision or strategic plan for ensuring the right organizational

culture to support RIH’s efforts with race

Prioritize and Ensure Continuous HO Division Performance
and Process Improvement

– Fill critical open positions, boost morale and retain staff

– Assess and evaluate capacity and capability of the existing team

– Improve HO employee engagement; communicate transparently and

consistently with employees and make sure that their needs are being

met

Focus on Stakeholder Engagement and Satisfaction

– Establish, build, cultivate and grow strong relationships across all of

CT Housing’s critical stakeholder groups

– Understand the current dynamics of lender access and make steady progress therein

Transition Seamlessly into our Organization

– Be an engaged and contributing member of Executive Team

– Standardize processes and implement automations to improve delivery

of services internally

THE ORGANIZATION

Connecticut Housing Finance Authority was created in 1969 to address the shortage of affordable housing in the state.

Throughout its history, CHFA has supported affordable homeownership and rental housing opportunities throughout Connecticut.

The Authority has provided more than $20 billion in funding for affordable housing in that time.

Currently, CHFA is seeking a strong and seasoned leader for the position of Managing Director of Homeownership Programs to continue its work in providing affordable housing opportunities to the residents of our state.

THE MISSION

Connecticut Housing Finance Authority is a self-funded, quasi-public organization.

Its mission is to alleviate the shortage of housing for low
– to moderate-income families and persons in this state and, when appropriate, to promote or maintain the economic development of this state through employer-assisted housing efforts.