Housing Program Loan Administrator

  • Housing Program Loan Administrator
  • What will I be doing?
  • Do I qualify?
  • Can I be successful?
  • Benefits
  • How do I apply?
Class Number: 
0676
Exam Components: 
Rating of Education & Experience, 100%
Annual Salary Range:
$42,780.00 – $62,556.00
Twice-a-Month Salary Range:
$1,782.50 – $2,606.50
Pay Grade: 
A27

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Definition

This is professional and administrative work managing grant money and administering housing loan and entitlement programs for the Missouri Housing Development Commission (MHDC).

Job Duties

Prepares closing documents on Single Family Loans in accordance with Federal Housing Administration and MHDC regulations.

Interviews applicants for single-family loans and submits forms to the appropriate agency.

Underwrites Rural Development loans for MHDC approval.

Schedules loan closings with clients, sellers, and/or builders.

Prepares necessary documents for mortgage insurance.

Meets with and provides technical training to lenders and developers.

Prepares, or assists with, applications for participants of various housing programs.

Coordinates application processing to determine value, cost, and rent appropriateness, and eligibility of donor and recipient.

Inspects proposed property to ensure suitability for participation in the rental program.

Reviews applications for Low Income Housing Tax Credit and issues tax credit allocations.

Maintains contact with developers from initial application to final allocation for Low Income Housing Tax Credits and other MHDC programs.

Coordinates information from legal counsel.

Coordinates MHDC Comprehensive Housing Needs Assessment working committee and updates the committee report annually.

Coordinates efforts with entitlement cities in preparing a local Comprehensive Housing Assessment Strategy.

Assists in conducting public hearings relating to MHDC programs.

Organizes workshops and prepares related materials.

Prepares applications for federal Housing and Urban Development (HUD) funds and HOME Investment Partnership Program (HOME); prepares Comprehensive Housing Assessment Strategy Performance Reports.

Coordinates HOME program activities.

Assists non-profit organizations with preparing and submitting applications; advises them of program requirements.

Determines eligibility of donations, calculates maximum tax credit amount, and issues certifications for Affordable Housing tax credits.

Assists developers with applications for funds to rehabilitate single-family and multi-family housing in Neighborhood Rehabilitation projects; participates with developers in the implementation of Historic Preservation programs.

Assists the Department of Housing and Urban Development to restructure HUD-insured, Section 8 assisted property mortgages in the Neighborhood Preservation Program.

Coordinates development of the Statewide Local Preference Plan.

Exercises considerable independence in the performance of responsibilities; receives general administrative direction.

Performs other related work as assigned.

Areas of Interest: 
Business Services

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(The following minimum qualifications will determine merit system eligibility.  Allowable experience and education substitutions are provided in italics below the corresponding minimum qualification statement; no other substitutions will be permitted.  These minimum qualifications may also be used to evaluate applicants for Missouri Uniform Classification and Pay System positions not requiring selection from merit registers.)

One or more years of experience as a Senior Housing Development Officer with the Missouri Uniform Classification and Pay System.

OR

A Bachelor's degree from an accredited college or university with a minimum of 15 earned credit hours in one or a combination of the following: Business Administration, Finance, Public Administration, Architecture, Historic Preservation, or a closely related field; and,

Four or more years of senior-level experience in mortgage lending, multi-family and/or single-family housing loan origination, neighborhood revitalization, historic preservation, or housing program management; including a minimum of two or more years of experience processing loan applications, housing development, real estate development, neighborhood revitalization or historic preservation.

(Additional qualifying experience may substitute on a year-for-year basis for deficiencies in the required education.)

(24 earned graduate credit hours from an accredited college or university in the specified areas may substitute for a maximum of one year of the required general experience.)

Please note that documentation that supports your eligibility (i.e. transcripts, employment records, etc.) may be required at any time during the application and hiring process. If you do not possess the minimum qualifications, please consider one of many other employment opportunities with the State of Missouri.

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Key Skills

Do you possess the key skills which are considered essential for successful employment in this classification?

Comprehensive knowledge of federal, state, and privately-funded housing programs, procedures, and rules.

Comprehensive knowledge of the application process and requirements for various loan and grant programs.

Ability to plan and implement work on an independent basis.

Ability to communicate effectively and prepare clear and concise reports.

Ability to instruct and assist participants of housing loan programs.

Ability to understand and administer rental assistance and/or housing loan programs.

Ability to establish and maintain effective working relationships with other employees, clients, governmental officials, bankers, and the general public.

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The following link will provide you with general information about State of Missouri employee benefits.

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View Class Specification Document