Careers at MassHousing
At MassHousing, we believe a home is more than a roof and four walls. A home is safety and security, opportunity and peace of mind. Our team of talented professionals works to ensure that all Massachusetts residents have a safe, healthy and affordable place to call home. If you share our commitment, we hope you will consider joining us.
Equal Opportunity Employer M/F/V/D
MassHousing is committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants, colleagues and partners without regard to race, color, religion, sex, pregnancy, national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information, military and veteran status, and any other characteristic protected by applicable law. MassHousing believes that diversity and inclusion among our colleagues and partners is critical to our success, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.
Current Openings
Paralegal
Since its inception in 1966, MassHousing has supported affordable home ownership and rental housing opportunities throughout Massachusetts. The Agency has provided more than $25 billion for affordable housing in that time. Currently, MassHousing is seeking an experienced professional for the position of Paralegal to continue the Agency’s storied history of affordable housing funding. The Paralegal assists MassHousing’s in-house legal team with the preparation of legal documents and real estate transactions.
Specific Duties and Responsibilities
- Assist attorneys with preparation of loan documents and review of surveys, title policies, organizational documents, and other closing diligence.
- Prepare closing agendas and track on-going diligence, organize closing files, and manage post-closing matters.
- Conduct research using online research tools (e.g., Westlaw, Registries of Deeds, and Secretary of State).
- Perform legal tasks related to on-going asset management and loan servicing.
Knowledge, Skills and Abilities Required
- Familiarity with real estate or commercial transactions, single-family mortgage regulation/foreclosure, and governmental programs preferred.
- Excellent oral and written communication skills.
- Strong facility with Microsoft Word required; Office 365 experience preferred.
Minimum Education and Training
- Bachelor's degree.
- 2+ years’ experience as a residential or commercial real estate paralegal.
Salary Range: $61,266.00 to $91,899.00
All positions at MassHousing require a customer service mindset, in accordance with our values: Integrity, Excellence, Collaboration, Respect, Accountability and Service. Inherent in these values is our commitment to diversity, equity and inclusion for all.
MassHousing offers competitive compensation as well as an attractive benefits package. Serious candidates should complete an assessment and send a letter of interest and a resume to MassHousing by logging in to our career portal.
MassHousing is an Equal Opportunity Employer.
Neighborhood Hub - Summer Fellow
About MassHousing
MassHousing was created by an act of the Massachusetts Legislature in 1966 as an independent public authority charged with increasing affordable rental and for-sale housing in Massachusetts. Since making our first loan in 1970, the Agency has provided more than $27 billion in financing for the construction and preservation of affordable rental housing, and for affordable loan products for homebuyers and homeowners. The Agency is recognized as one of the premier housing finance agencies in the country and has won numerous national awards for creativity and innovation in affordable housing.
The Neighborhood Hub
The Neighborhood Hub is a new initiative to support local housing markets in Gateway Cities across the Commonwealth. The Hub is a multi-agency partnership that includes: MassHousing, MassDevelopment, Massachusetts Housing Partnership (MHP), the Massachusetts Association of Community Development Corporations (MACDC), the Massachusetts Institute for a New Commonwealth (MassInc), and the Commonwealth's Department of Housing and Community Development (DHCD).
The primary goal of the program is to stabilize neighborhoods with a high rate of vacant, abandoned, and blighted properties in Gateway Cities. For its first iteration, the Neighborhood Hub is supporting five cities and their non-profit partners by:
- Identify strategic neighborhood revitalization initiatives;
- Supporting the implementation of strategies for reclaiming vacant, abandoned, and blighted properties; and,
- Building capacity at the local level to implement change.
The Neighborhood Hub is located within MassHousing's Executive Director's office, with access to the technical expertise and resources of the partner agencies. The Summer Fellow will report directly to the Neighborhood Hub manager; and will interact regularly with the Hub's cities, non-profit partners, and the Hub advisory group.
The Fellow
MassHousing's Neighborhood Hub is seeking a Summer Fellow to support the program and the projects currently underway in five Gateway Cities. The Fellow will report to the Neighborhood Hub manager and will be responsible for supporting the team's objectives and goals.
General responsibilities will include:
- Support ongoing Hub projects through research, data analysis, and stakeholder management
- Market, demographic, and geospatial analysis for Hub projects
- Research and data dissemination to Hub partners and external stakeholders
- Internal + external engagement with Hub partners and advisory group
- Webinar and conference content development and management
This is a paid summer fellowship beginning at the start of June 2021, for a duration of 10-12 weeks.
Qualifications
- Candidates must be a graduate student in Urban Planning, Public Policy, Public Administration, Business Administration, or related fields
- A successful candidate must have strong interpersonal, project management and written communication skills
- This position requires advanced organizational skills and the ability to multi-task to effectively handle priorities
- The Fellow must be focused, detail-oriented, exercise sound judgment and provide strong initiative
- The ability to work independently is also essential
- Proficiency with Microsoft Suite and Arc GIS is required; experience with quantitative research tools is preferred
How to Apply
Learn more and apply for this position. Be sure to include why you are interested in this fellowship and why you are a compelling applicant for this position.
MassHousing is an EEO/AA M/F/V/D employer.
Senior Relationship Manager and Originator (Multi-Family)
Since its inception in 1966, MassHousing has supported affordable home ownership and rental housing opportunities throughout Massachusetts. The Agency has provided more than $25 billion for affordable housing in that time. Currently, MassHousing is seeking an experienced professional for the position of Senior Relationship Manager and Originator (Multi-Family), to continue the Agency’s storied history of affordable housing funding.
General Summary
The Senior Relationship Manager and Originator (Multi-Family), is responsible for originating multifamily debt financing opportunities for the Agency. S/he will conduct outreach that complements and expands current business development efforts and utilizes prior relationships and contacts developed during previous job experiences. In addition, s/he will maintain and nurture relationships with a portfolio of existing borrowers.
As a senior member of the Rental Business Development team, the Senior Relationship Manager and Originator (Multi-Family), is called upon to take a leadership role in: project and program development and management; leading teams of internal stakeholders on complex rental transactions; overseeing work product of junior team members including Originators and Origination Analysts.
Working with others in Rental Business Development, Rental Underwriting, Rental Management and Legal, the Senior Relationship Manager and Originator (Multi-Family), will structure transactions that meet the needs of the borrower and reflect MassHousing underwriting standards. S/he will remain current about changes in the housing, community development and multi-family lending industries and will participate in external events to promote MassHousing’s role in affordable housing throughout the Commonwealth.
Specific Duties and Responsibilities
- Market MassHousing’s multifamily loan products to both existing and potential borrowers.
- Develop and maintain relationships with those existing and potential borrowers and serve as the primary point of contact as they develop their transaction pipelines.
- With the assistance of Origination Analysts, source, pre-screen, analyze and structure potential loans. Develop and present Term Sheets on debt offerings to borrowers. Serve as the primary contact with borrowers throughout the loan origination process.
- Work collaboratively with the Rental Underwriting, Rental Management and Legal divisions during the underwriting and closing process. Present transactions to the MassHousing Board and Subcommittees of the Board for approval.
- Monitor borrowers’ MassHousing loan portfolios and pro-actively initiate discussions regarding refinancing opportunities.
- Coordinate and support new product initiatives.
- Oversee the work of Originators and Origination Analysts as needed.
- Perform special assignments and other duties as requested.
Knowledge, Skills and Abilities Required
- Knowledge of real estate finance fundamentals and financial analysis principles.
- Strong work ethic and the ability to work independently with minimal supervision, and as a member of a team.
- Strong interpersonal, written and oral communication skills.
- Excellent organizational and analytical skills with a high-level of attention to detail.
- Ability to multi-task while managing a high-volume workload accurately and effectively.
Minimum Education and Training
- Bachelor's Degree required; preference for candidates with advanced degrees in Finance, Real Estate Management, Business Administration, or related field.
- Ten years of substantive experience in real estate finance and/or real estate.
- Knowledge of tax credit equity, government and private lending platforms, including credit enhancement and rental subsidy programs preferred.
- Demonstrated history of academic success and professional development.
Salary: $110,255 - $176,408
All positions at MassHousing require a customer service mindset, in accordance with our values: Integrity, Excellence, Collaboration, Respect, Accountability and Service. Inherent in these values is our commitment to diversity, equity and inclusion for all.
MassHousing offers competitive compensation as well as an attractive benefits package. Learn more and apply for this position.
MassHousing is an Equal Opportunity Employer.
What our team is saying
"Working at MassHousing gives me a strong sense of purpose, as well as the ability to grow and use my skills in an impactful way. I take pride in knowing that I am a trusted and valued advisor, who provides assurances on governance, risk and control activities. Management's receptiveness to creative solutions, drive for efficiency and unwavering desire to continuously improve its people and the work we do, makes MassHousing a workplace that aligns with my personal and professional values."
–Cynthia F., Internal Audit
"I enjoy our shared purpose and commitment to providing our customers with shelter and some sense of normalcy. It’s nice to witness the empathy and devotion of staff as we work toward a common goal."
–Ricky O., Diverse Business Engagement
"There are many benefits to working at MassHousing such as career advancement, job stability and a safe working environment. Most importantly, I work with a great group of colleagues and managers. We all work together as a family and a united team with the same goals and mission to serve our customers with respect, integrity and satisfaction. MassHousing is a workplace that feels like home."
–Charlene H., HomeOwnership
"One goal I dreamed about while in college was to work for an organization for my entire career in Accounting and Finance. I am happy to say that MassHousing has fulfilled my dream. One does not remain with an organization for over 32 years if it did not challenge the individual while providing a progressive supportive environment that encourages and promotes employee development...I have heard that we spend about 90,000 hours at work over the course of our lifetime. It becomes easy when you consider the people you work with family."
–Sam J., HomeOwnership
"In my five years at MassHousing, I have enjoyed a very supportive team and great work environment. MassHousing supports my growth as a professional, an individual and an employee by providing generous benefits, including tuition reimbursement for courses relevant to the mission of creating and preserving housing. The company values your growth and input and is always looking for new ways to integrate new ideas and methods in daily operations."
–Christina K., Rental Management
"A job at MassHousing is not just a job. It is good work in a very professional environment, and it is professional work that does good to people in the Commonwealth. We are the state's affordable housing lender, we are creative and competitive. What makes us unique is our commitment to serve the underserved. What I love most about my job at MassHousing is knowing that, at the end of the day, my work contributes to the success of a first-time homebuying family somewhere in Massachusetts."
–Mounzer A., HomeOwnership
"I enjoy working at MassHousing because I enjoy helping others. MassHousing has helped me to purchase my first home and I get to provide this opportunity to others as well. As a parent, the flexibility allows me to create a schedule that works for both my personal and professional life. MassHousing is not just a place for opportunity, it is also a place of hope."
–Mircia K., HomeOwnership
"MassHousing has given me the opportunity to delve headfirst into the field of mortgage servicing while simultaneously helping people every day. The most rewarding feeling is helping someone through a problem. MassHousing has been accommodating for both employees and customers during the pandemic, when all of us were unsure what was coming around the corner. My co-workers have had my back during these months working from home, and I feel confident in my job performance because of the support I've had."
–Hannah F., HomeOwnership
"I love working at MassHousing mostly because I get to do interesting work that is meaningful to our society. I didn't feel that way in my previous professional roles, and so I don't take it for granted. Plus, a lot of really interesting people work at MassHousing…I've already met lifelong friends here. I also feel I can be myself in my role, and that people have gone out of their way to support me in both my career and personal life. I’m grateful for that."
–Ryan S., Rental Systems & Technology
"I love MassHousing because people care about me as a person and about my professional growth. I am always encouraged and supported to try out new things and be innovative. MassHousing offers great benefits and perks that have made my life as a working parent much easier. This job has given me a sense of home and stability. I have made friendships and connections with people from all different walks of life who I can now call family."
–Cibele G., HomeOwnership
"The thing I enjoy most about working at MassHousing is the dedication and expertise the staff has in meeting the housing challenges facing Massachusetts residents. The foundation of everything we do is the people we serve. To be part of such a noble and important mission is what makes working at MassHousing far more than just a job. It's very satisfying to see and hear the stories of Massachusetts residents who have been able to grow and prosper because they have an affordable home and economic opportunity."
–Tom F., Communications
"Although I have only been employed here for one year, I already feel a strong commitment and dedication to the Agency and to my team. MassHousing strives to provide the very best services to our lenders, customers and to their employees. It is a rewarding feeling to know you are giving the best customer service to your borrowers every day, especially in these trying economic times. I know I have made a great choice in joining MassHousing!"
–Michelle K., HomeOwnership
"I believe a home should be a happy place where you can live, learn and laugh. MassHousing has been a special home for me. I’ve had the good fortune to be in different roles at MassHousing that have truly challenged me to be a better person in so many ways, all the while working with exceptional people who sincerely believe that MassHousing is here to improve the lives of people. If ‘home is where the heart is’, then my home is MassHousing."
–Paul H., Information Technology