Local Initiatives Support Corporation (LISC) is the country’s largest community development support corporation that provides financial and technical assistance to community-based organizations, public agencies and private entities focused on the revitalization of urban neighborhoods and rural communities.In partnership with residents and multi-sector stakeholders, Greater Kansas City LISC attracts and coordinates local and national resources to strengthen neighborhoods in Kansas City, Missouri and Kansas City, Kansas. Greater Kansas City LISC is comprised of a small, passionate staff and a local advisory board dedicated to carrying out this mission. More information can be found atwww.lisc.org/kansas_city/
The Program Assistant will assist with LISC’s real estate lending and grant management activities. This role reports to the Senior Program Officer for Community Development & Lending approximately 50% of the time, assisting with originating, underwriting, closing and monitoring a portfolio of community development loans throughout the Kansas City region. The Program Assistant also spends approximately 50% of their time supporting the Senior Programs Officer with coordination and compliance monitoring of grants totaling nearly $1 million.
·Assist with underwriting, preparing credit committee presentations, and processing real estate transactions for LISC loans, including working with borrowers to compile due diligence and closing documentation.
·Assist Senior Lending Officer on the full cycle of activities related to real estate lending and development. This includes assessing project feasibility, developing financing strategies and helping partners to access other LISC resources and public subsidies.
·Assist with management of the Greater Kansas City LISC loan portfolio including preparation of portfolio monitoring reports.
·Conduct periodic lending site visits.
·Provide capacity building support and technical assistance to LISC partners on real estate development, leveraging new LISC resources that could be used.
Manage program budgets in partnership with program staff, including cash flow planning and projections.
Support program staff in processing Program Actions.
Collect supporting documentation required from grantees (IRS, W-9s, etc.).
Track grantee disbursements/reporting schedules for grants.
Assist with managing Federal grants, including reports, compliance and disbursements.
Key Qualifications and Competencies:
At least 2-3 years of experience in real estate development or real estate lending is preferred, particularly in urban core settings.
Knowledge of loan underwriting and financial analysis, and the ability to analyze and evaluate financial statements.
Experience with community development and financing including understanding predevelopment, acquisition and construction processes and/or lending, primarily related to affordable housing and other community development projects.
Familiarity with federal, state and local government funding sources for capital and operating needs of affordable housing (LIHTC, HOME, FHLB, etc.) and community facilities (e.g., child care centers, health centers, healthy food markets, shelters, social service and educational programs, etc.).
Strong written and verbal communication skills; strong Microsoft Word and Excel skills are a must.
Ability to work collaboratively with a diverse range of individuals and organizations.
Self-starter who is able to work independently, prioritize and manage multiple tasks, and work towards deadlines, with a modest amount of supervision and direction.
Bachelor’s degree required; master’s degree preferred, in a relevant area of study such as finance, real estate, urban planning, public policy or business administration.
LISC offers a competitive salary and excellent benefits.
Please send cover letter, resume and list of professional references to:
Attention: Abigail Hayo
Greater Kansas City LISC
600 Broadway, Suite 280
Kansas City, MO64105
LISC IS AN EQUAL OPPORTUNITY EMPLOYER
COMMITTED TO DIVERSITY & INCLUSION