Impact Finance Affordable Housing - Project Manager

This role has multiple levels, open to candidates with at least 5 years minimum relevant experience, or an MBA/JD with 1+ years relevant experience. The successful candidate will be hired for the level of the position that aligns with their experience.

The Impact Finance AH Project Manager negotiates, structures, underwrites, and closes debt and equity investments that utilize Low-Income Housing Tax Credits (LIHTC), in market areas serviced by U.S. Bancorp Impact Finance. They will manage relationships with customers and internal Production and/or Syndications Business Development Officers in negotiating terms of construction lending and equity investments.

This position engages third party professionals in coordinating the drafting, collection, and review of documents and financial projections necessary to close the lending opportunities and support the Bank's investments. They will coordinate with internal employee teams in preparing and funding initial closing funds and transition closed loans to the portfolio management and asset/fund management departments for ongoing maintenance and management.

Additionally, they participate in the establishment of policies and procedures necessary for accomplishing the group's tasks.

Basic

Qualifications - Typically Bachelor's degree and five or more years of related experience OR - MBA/JD with one or more years of directly related experience

Preferred Skills/Experience - Basic knowledge of risk assessment and evaluating targeted returns from investments - Some knowledge of construction finance, legal documentation and requirements, real estate property management, and accounting - General real estate background preferred - Some knowledge of LIHTC, RETC, HTC and/or NMTC preferred - Well-developed analytical and problem-solving skills - Effective interpersonal, verbal and written communication skills

Location Expectations The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S.

Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $98,175.00 - $115,500.00