Program assistant h1.location_city

Direct Lending Program Analyst (PA3)

Oregon Housing and Community Services (OHCS) is looking for a person to be a Direct Lending Program Analyst in the Affordable Rental Housing (ARH) Division. This person will act as the senior lender on projects by issuing bonds and lending proceeds for permanent, long-term financing. If you are ready to take on a new challenge in your career, then we want to hear from you about this exciting opportunity.

OHCS commits to inclusive excellence by advancing equity and diversity in all that we do. We are an Affirmative Action/Equal Opportunity employer and encourage applications from members of historically underrepresented racial/ethnic groups, women, individuals with disabilities, veterans, LGBTQ+ community members, and others to help us achieve our vision of a diverse and inclusive community.

Our Vision is that all Oregonians can pursue prosperity and live free from poverty.

Our Mission is to provide stable and affordable housing and engage leaders to develop an integrated statewide policy that addresses poverty and provides opportunity for Oregonians.

Our Core Values: Collaboration Compassion Equity Integrity Leadership Transparency.

This position can be fully remote with some requirements for in-person work. This position is permanent, full-time, and represented by SEIU. Applicants who are current OHCS employees will be considered and interviewed before external applicants. This recruitment will be used to establish a list of qualified applicants to fill the current vacancy and may be used to fill future vacancies as they occur. This position requires both a resume and a cover letter, the cover letter will need to address the desired attributes listed in this job posting.

The person in this position serves as the Oregon Housing and Community Services (OHCS) authority and technical expert for the Direct Lending Program - a state lending initiative designed to finance affordable housing development in Oregon. OHCS holds statutory authority to re-launch this program and act as the senior lender on projects by issuing bonds and lending proceeds for permanent, long-term financing.

The position leads the development and administration of the Direct Lending Program in collaboration with internal teams, other state agencies, local governments, and community organizations. Responsibilities include establishing program standards, policies, and procedures; directing program operations; and implementing ongoing changes to meet evolving needs in alignment with OHCS goals and legislative mandates. This work ensures compliance with state requirements, mitigates risk to OHCS, and directly influences how collaborators access and utilize program resources.

The position is responsible for creating and maintaining all program materialsincluding manuals, applications, guidelines, administrative rules, and web contentand provides consultative guidance to internal staff and external partners. Decisions made in this role have significant impact on affordable housing development statewide and shape how lenders, developers, and agencies interact with OHCS programs.

A Bachelor's Degree in Business or Public Administration, Behavioral or Social Sciences, or a degree related to the agency program that demonstrates the capacity for the knowledge and skills; and four years' experience coordinating or administering a program -OR- Any combination of experience or education equivalent to seven years of experience that typically supports the knowledge and skill requirements listed for the classification.

The most competitive candidates will possess the following attributes, experience, and knowledge:

• Experience in issuing bonds, credit-enhanced transactions, and lending proceeds for permanent, long-term financing.
• Strong background/experience in program resource tracking, management, and reporting.
• Ability to prioritize and organize tasks and manage multiple projects simultaneously.
• Experience promoting diversity, equity, and inclusion principles and practices in the workplace.
• Knowledge of federal financing programs, particularly those related to HUD, Federal Housing Administration and/or other federal credit programs.
• Strong financial analysis background and experience with affordable multifamily underwriting.
• Experience working with amortizing debt products.
• Intermediate understanding of affordable housing finance and development.
• FHA Risk Share, agency lending, and Multifamily Accelerated Processing (MAP) experience preferred.
• Familiarity with Oregon affordable real estate finance and development.
• Knowledge of federal, state, and local funding programs, and financial policy.

You will become part of an innovative and strategic group of professionals and enjoy a competitive salary and benefits package!

• A positive environment that offers opportunities for career growth and cross-training.
• An agency that supports and encourages work/life balance and overall wellness.
• Generous benefits package including, employer-paid health insurance, vacation, and sick leave, eleven paid holidays, three paid personal days, flexible spending accounts, and an employer contribution retirement plan (PERS).
• The posted salary range is the total possible range for the classification. Candidates are screened through a Pay Equity process that evaluates various factors. Please see the Pay Equity website for more information.

*These dates are approximate and may change. *

• Recruitment Closes: 04/23/26
• Recruiter Screening for Minimum Qualifications: On-going
• Hiring Manager Screening for Requested Skills: On-going
• 1st Round of Interviews: Week of 05/04/26
• 2nd Round of Interviews: Week of 05/11/26
• Anticipated Start Date: 06/15/26

Current State of Oregon employees: Apply via your employee Workday account.

External applicants: View this application instructional video. A PDF is also available by clicking here.

REQUIRED: Attach your most up-to-date Resume. Please ensure your Workday profile matches your submitted resume.

REQUIRED: Attach a Cover Letter that demonstrates how you meet the "Desired Attributes" for this position.

A Cover Letter that does not meet the required criteria will be graded as ineligible.

If you have questions about the job announcement, or need an alternate format to apply, please contact the HR Solutions Inbox at: HCS_HR.Solutions@oregon.gov