What We Do
With residents and partners, LISC forges resilient and inclusive communities of opportunity across America - great places to live, work, visit, do business and raise families.
Strategies We Pursue
Since 1979, LISC and its affiliates have invested approximately $29.7 billion in businesses, affordable housing, health, educational mobility, community and recreational facilities, public safety, employment, and other projects that help to revitalize and stabilize underinvested communities. Headquartered in New York City, LISC's reach spans the country from East coast to West coast in 38 markets with offices extending from Buffalo to San Franciscoand in 2,400 rural counties across 49 states and Puerto Rico.Visit us at www.lisc.org
Job Overview:
The New York office of the Local Initiatives Support Corporation (LISC NY) seeks a professional to fill the position of Senior Investment Officer to conduct lending in New York State. This position reports to the LISC NY Senior Director of Community Development Investments & Housing. The local New York program, LISC NY, works with nonprofit, community-based organizations to develop affordable housing, commercial enterprises and community facilities. Since its founding in 1980, LISC NY has invested over $4.0 billion, leveraging an additional $9.2 billion in low-income communities. This has resulted in nearly 48,447 affordable homes built and preserved as well as 2.9 million square feet of retail and community space created. We also invest in health, economic development, financial well-being and environmental sustainability so that the communities our partners serve are good places to live, work, do business and raise children. For more information visit https://www.lisc.org/ny/.
Responsibilities:
The Senior Investment Officer will be responsible for developing and executing a program of strategic housing and economic development investments. A primary focus of the role is sourcing transactions and managing relationships with developer partners who are working in coordination with city and state housing agencies such as the New York City Department of Housing Preservation and Development, New York State Homes and Community Renewal, and New York City Housing Authority. The successful candidate will have knowledge of the public and private resources available to leverage LISC's investments in affordable housing and will have the skills to strategically deploy LISC's full array of financing products such as predevelopment, acquisition, construction, bridge loans, lines of credit, and tax credit equity, working alongside LISC's affiliate National Equity Fund. The Senior Investment Officer will also provide technical assistance and financing to LISC NY's partners to develop projects that will ensure their neighborhoods have critical jobs, services and community assets to complement housing.
Specifically, the Senior Investment Officer will be responsible for the following:
Qualifications:
Compensation
LISC offers a competitive salary ($102,000 - $127,5000) commensurate with experience and location, and excellent benefits (health, dental, vision, and retirement plans).
Actual salaries may be based on several factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications.
LISC is an equal opportunity employer. LISC does not discriminate in employment on account of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military status or veteran status, unfavorable discharge from military service, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information or any other characteristic protected by applicable federal, state or local laws and ordinances.
We will endeavor to make a reasonable accommodation to the known physical or mental limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business.
LISC IS AN EQUAL OPPORTUNITY EMPLOYER COMMITTED TO DIVERSITY, EQUITY, INCLUSION AND JUSTICE