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Career Opportunities at MassHousing

MassHousing provides a challenging, progressive and supportive environment that encourages and promotes employee development.

We offer competitive salaries; tuition reimbursement; comprehensive health, dental, life, and disability plans; ongoing training and career development; flexible work schedules; generous leave time; emergency back-up day care; and a corporate culture of promotion from within.

If you are interested in joining MassHousing, please forward your salary history and resume to: Human Resources, MassHousing, One Beacon Street, Boston, MA 02108, or faxed to 617.624.9494, or emailed to jobs@masshousing.com.

Equal Opportunity Employer M/F/V/D

MassHousing will provide reasonable accommodations and appropriate communication auxiliary aids and services to persons with disabilities upon request.

Current Job Openings

Design & Construction Manager

The Manager leads and oversees the Design and Construction department. This individual is one of five Managers in the Rental Underwriting Division which is responsible for conducting the technical analysis precedent to underwriting loans. The Manager oversees a staff of three licensed architects and technical specialists who review and recommend actions on proposed development sites, proposed architectural plans, specifications, construction costs, and construction contract documents for proposed developments and existing developments in MassHousing’s loan portfolio. The Manager also oversees a staff of construction inspectors and outside consultants who perform construction monitoring services necessary to confirm that construction proceeds are being released timely and proportionate to construction status. In addition, the Manager oversees and manages outside consultants in various environmental reviews, capital needs assessments and energy conservation studies.

Working closely with the Director of Rental Underwriting, the Manager will oversee the refocusing of the department toward MassHousing’s mission for its stakeholder, expecting and inspiring excellence and supporting a culture of innovation, pro-active problem solving and continuous improvement within him/herself, the department, division and agency. The Manager also performs various personnel-related activities. These include monthly conferences with direct reports to provide feedback on performance, coach and advise, direct development of goals, conduct annual salary and performance evaluations, interview and hire new departmental staff. The Manager is required to oversee and evaluate the implementation of prevailing wage regulations and procedures and the collection and maintenance of information on construction and operating materials, as well as the methods and practices of these activities. This individual is also responsible for analyzing and planning departmental financial needs and activities, and preparing and monitoring the departmental budget. The Manager may also assume additional responsibilities as assigned.

Qualifications: Bachelor of Architecture degree and registration as Commonwealth of Massachusetts Architect preferred. 10+ years’ experience in architecture/construction primarily in housing. Knowledge of applicable state and federal building codes, energy codes, and accessibility requirements. Strong organizational skills and supervisory experience required. General knowledge of government affordable housing subsidy programs.

MassHousing offers competitive compensation as well as an attractive benefits package. Serious candidates should send a letter of interest and a resume to Human Resources, MassHousing, One Beacon Street, Boston, MA 02108, or faxed to 617.624.9494, or emailed to jobs@masshousing.com.

Financial Reporting Specialist

Reports to Financial Reporting Manager. Assists with the preparation of quarterly reviews for MassHousing and Affiliates. Coordinates annual audits including draft report preparation. Prepares financial statements for corporate cost centers and tracks Board votes of Restricted Net Assets/Designations. Maintains FAF activity schedule and reporting on net position. Prepares annual Agency budget. Supports Finance with New Bond Issuance by reviewing Bond Documents with Financial Reporting accountant, Treasury and Trustees and prepares change schedules as needed. Assists with preparation of flash financials and budget to actual results on a quarterly basis. Prepares position papers for new GASB and AICPA pronouncements as needed. Prepares tax returns and Annual Reports for CCRI and PADCO. Calculates and reviews Multi-Family Loan Loss Allowance including preparation of the appropriate Notes in the Agency's Annual Financial Report. Prepares and organizes Ginnie Mae operational audits including responses to audit requests and findings. Prepares quarterly forms and compliance letters and arbitrage reporting/filings. Prepares annual Fannie mae Form 582. Reconciles Retirement Plan's bank activity and assumes other duties as assigned.

Qualifications: Bachelor's degree in Accounting. CPA, CGFM, CMA and/or MBA preferred. 5+ years of experience in a large financial institution, nationally recognized credit review organization or CPA firm, preferably with a focus on mortgage lending and financial service activities. Knowledge of the housing finance industry a plus. Must possess outstanding financial and analytical skills as well as strong oral, written, and computer-based presentation skills. Demonstrated ability to work under tight deadlines and multi-task and prioritize as necessary. Must demonstrate a proven ability to work effectively with all staff levels of a large financial organization, including the ability to develop effective working relationships with senior level management. Excellent attention to detail and organizational skills.

MassHousing offers competitive compensation as well as an attractive benefits package. Serious candidates should send a letter of interest and a resume to Human Resources, MassHousing, One Beacon Street, Boston, MA 02108, or faxed to 617.624.9494, or emailed to jobs@masshousing.com.

Relationship Manager

Responsible for the relationship management and strategic oversight of multiple lender/business partner relationships. Oversees new business production, service, training, consulting, partner development, marketing and community development and ensures production growth and market penetration in specific market segments or geographic regions. Provides effective customer service for all internal/external customers with in-depth knowledge of MassHousing products and programs.

Develops relationships with lenders, realtors, non-profit organizations, municipal government leadership, civic organizations and community leaders, and trade associations, as well as other individual professionals and groups involved with home sales and mortgage lending. Conducts sales calls and educational training sessions and provides technical assistance to Agency's Home Ownership Lending business partners. Assists MassHousing’s public mission goals relating to minority lending, lending to households earning less than 80% of area median income and underserved markets in the Commonwealth.

Qualifications: Bachelor’s degree (preferably in business or marketing) or equivalent professional experience. Excellent presentation and negotiation skills (3+ years direct industry experience). Proven sales, selling and marketing skills (5+ years direct industry experience). Strong interpersonal, verbal, and written communication skills, as well as organizations skills and attention to detail.

MassHousing offers competitive compensation as well as an attractive benefits package. Serious candidates should send a letter of interest and a resume to Human Resources, MassHousing, One Beacon Street, Boston, MA 02108, or faxed to 617.624.9494, or emailed to jobs@masshousing.com.

Rental Underwriter

The Rental Underwriter is primarily responsible for underwriting multifamily affordable housing financing proposals involving taxable or tax-exempt bond financing. Taxable transactions typically involve "preservation" (FFB/Treasury) or HUD MAP re-financings and may include financings utilizing 9% Low Income Housing Tax Credits (LIHTCs). Tax-exempt transactions typically involve new construction; substantial rehabilitation or FHA Tax Credit Pilot Program financings utilizing 4% LIHTCs. This individual will provide technical guidance to the Rental Lending Originator in prescreening transactions by identifying early in the process potential issues including loan sizing, appraisal concerns, design and environmental reviews. Upon application/engagement, the Rental Underwriter commences the due diligence process working directly with the assigned Appraiser and Architect to order third-party reports, while coordinating the underwriting and underwriting inputs from other MassHousing staff, including, but not limited to; Appraisers, Architects, Energy & Environmental Specialist, 504/ADA Coordinators Portfolio and Asset Managers, Mortgage Credit and Diversity & Inclusion Professionals and Attorneys. The Rental Underwriter will work closely with the Manager of Taxable Underwriting or the Manager of Tax-Exempt Underwriting, to ensure that underwriting issues are identified and addressed, and that loans are processed in accordance with prudent loan standards and applicable MassHousing and HUD/FHA regulations, guidelines and policies. The Rental Underwriter communicates all findings to the Rental Lending Originator and assists in preparing the Board Proposal and Commitment Letter. After commitment the Rental Underwriter prepares applications to HUD for applicable credit enhancement commitments (HUD/HFA Risk Sharing, FHA mortgage insurance, etc.) and assists legal, bond financing and loan servicing staff in coordinating the closing of the loan by taking the lead in insuring delivery of non-legal documents or materials from the Borrower and internal MassHousing staff. The Rental Underwriter will become proficient in the underwriting and processing of Risk Sharing and FHA-insured transactions for existing portfolio re-financings and new Agency business. This individual is also responsible for assisting in the evaluation of existing programs and underwriting practices, the development of new multifamily business initiatives, and establishment and maintenance of multifamily lending policies and procedures. The Rental Underwriter will perform other duties and responsibilities as assigned. The Rental Underwriter reports directly to the Manager of Taxable Underwriting or the Manager of Tax-Exempt Underwriting.

Qualifications:

  • Master's or professional degree or equivalent work experience required.
  • HUD-approved MAP underwriter (or commitment to training/testing for the designation) preferred.
  • A minimum of three to five years of substantial experience in the financing or asset management of LIHTC and other apartment properties real estate underwriting is strongly preferred.
  • Must have broad knowledge of government and private financing programs, including federal insurance and subsidy programs.
  • Must have the ability to analyze personal and corporate financial statements and to evaluate the credit acceptability of the individuals and entities involved in transactions.
  • Excellent written and oral communication skills required.

MassHousing offers competitive compensation as well as an attractive benefits package. Serious candidates should send a letter of interest and a resume to Human Resources, MassHousing, One Beacon Street, Boston, MA 02108, or faxed to 617.624.9494, or emailed to jobs@masshousing.com.

Special Assistant – Executive Team

The Special Assistant provides leverage and support to the Executive Director and Deputy Director with the goal of making the Executive Director (ED) and Deputy Director (DD) better, faster, stronger and more effective leaders by creating capacity for them to focus on the organization’s highest priorities. The Special Assistant will report to the Deputy Director, but will support and take on projects assigned by both the Deputy Director and the Executive Director, and will coordinate with the Executive Assistant who provides administrative support to the executive team. The Special Assistant will take on and be exposed to a wide range of responsibilities and will work closely with an executive team pursuing an aggressive agenda. For the right individual, this unique role will be an unparalleled opportunity to learn firsthand what it takes to lead and manage a high-performing organization.

The Special Assistant’s responsibilities will include, but will not be limited to, the following:

  • Meeting planning and organization, including preparation of meeting agendas, compilation and distribution of meeting materials and post-meeting follow-up.
  • Research and information gathering in support of a wide range of initiatives and activities, which may include qualitative and/or quantitative information gathering, analysis, manipulation and presentation.
  • Preparation of presentations, talking points and speeches for the Executive Team.
  • Evaluation, development, leadership and/or project management of policy initiatives and special projects.
  • Preparation of spreadsheets, budgets, projections and other quantitative analyses.
  • Drafting of correspondence, announcements, articles and other documents.
  • Managing workflow and priorities by proactive planning and anticipating steps ahead.
  • Providing leverage in moving projects forward by assisting with information gathering, communicating with internal and external parties, developing and monitoring plans, keeping track of responsibilities.
  • Proactively identifying ways to improve the efficiency, efficacy and impact of the executive team.
  • Other tasks and measures to ensure that ED and DD are relentlessly responsive and proactive, maximizing their ability to have impact and follow through on commitments.
  • Additional responsibilities as assigned.

Qualifications:

  • Excellent academic credentials, including a bachelor’s degree. Advanced degree in a related field is advantageous but not required.
  • At least 3-5 years’ of highly successful professional experience in real estate, mortgage lending, financial services, affordable housing or a related field.
  • High level of professionalism, drive and commitment to the mission of confronting housing challenges to improve the lives of Massachusetts residents.
  • Excellent organizational, interpersonal and project management skills.
  • Excellent judgment and written and oral communication skills.
  • The ability to prioritize and manage multiple projects simultaneously and follow through on issues proactively.
  • Ability to exercise discretion and handle confidential information.
  • Ability to work under pressure on multiple responsibilities with resilience, discretion and diplomacy.

MassHousing offers competitive compensation as well as an attractive benefits package. Serious candidates should send a letter of interest and a resume to Human Resources, MassHousing, One Beacon Street, Boston, MA 02108, or faxed to 617.624.9494, or emailed to jobs@masshousing.com.

Systems Development Manager

Manages production and maintenance of information systems applications, provides necessary project information to properly assess related business requirements, makes recommendations to assist business areas, and provides timely and accurate status reporting (schedules, budgets, etc.) as required. Oversees hardware/software resources to support Application Development Environment, including technical documentation and procedures. Manages maintenance of data backup procedures and ensures protection/security of Agency’s hardware, software and data. Prepares annual budget for computer-related costs, oversees software inventories and license compliance, and supports implementation of successful disaster recovery plans.

Qualifications:

  • Bachelor’s degree or equivalent work experience
  • 5-7 years of experience in the design and development of major on-line interactive systems in a database and Web environments
  • 5+ years of experience managing a Software Development and/or Support Team (preferably developing applications on Microsoft development stack and platforms)
  • Proven ability and experience in team management, organization motivation, and staff career building, as well as demonstrated commitment to continuous learning
  • Effective technical, communication, and analytical skills necessary, with the ability to train others in those areas
  • Background in Agile or other contemporary Rapid Application Development Methodologies
  • Solid Background in Microsoft Development Tools and Platforms (Team Foundation Server, Visual Studio, MS SQL., .Net Framework)
  • Solid background in Project/Program Management and being able to plan and manage multiple projects with multiple team cross-platform members
  • Previous direct experience as a Software Developer or Business Analyst working directly with the business and a development team to deliver solid solutions
  • Understanding and Familiarity (not necessarily hands on) in the following technologies:
    1. MS.Net Framework and ASP.NET and Entity Framework
    2. Web Development Standards (CSS, HTML5, JavaScript, Bootstrap)
    3. MS SQL Development
  • Familiarity with Office 365 and SharePoint online

MassHousing offers competitive compensation as well as an attractive benefits package. Serious candidates should send a letter of interest and a resume to Human Resources, MassHousing, One Beacon Street, Boston, MA 02108, or faxed to 617.624.9494, or emailed to jobs@masshousing.com.