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Director of Housing Finance

at Delaware State Housing Authority in Wilmington, Delaware, United States

Job Description

The Director of Housing Finance (DHF) is responsible for overseeing the statewide operations of 
the Housing Finance Section, including: the Single Family Mortgage Programs, down payment 
and settlement assistance, foreclosure prevention such as the Delaware Emergency Mortgage 
Assistance Program, the Multifamily Mortgage Revenue Bond Program, and related activities. 
Additionally, the incumbent oversees operations for statewide homeownership, rehabilitation, and 
foreclosure prevention products and resources. The Director of Housing Finance serves as the 
primary liaison to members of the investment community, bond underwriters, counsel, financial 
advisors, lenders, and housing partners. The DHF reviews economic, legislative, and housing data 
and works closely with housing partners to identify needs, make recommendations, and implement 
financing options, program changes, and product development. The incumbent supervises a staff 
of up to 14.

Essential functions are fundamental, core functions and are not intended to be an exhaustive list of 
all job duties. Since specifications are descriptive and not restrictive, incumbents can complete job 
duties of similar kind not specifically listed here. 
 Oversee the overall operations of Housing Finance division and its housing programs,
including homeownership, rehabilitation and foreclosure prevention programs.
 Oversee and monitor loan production under the Single Family Mortgage programs,
including allocation of funds, securitization of loans, sale of securities, and management of
portfolio.
 Oversee funding operations for statewide mortgage products. Dependent on the financing
source, the position oversees TBA, bond, and other funding activities for various
programs.
 Serve as primary liaison to different partners such as the investment community, bond
underwriters, counsel, financial advisors, and lending partners.
 Review local and national economic, legislative, and housing data to evaluate, recommend,
and implement program, policy, or financing activities.
 Represents the authority and/or the Director at meetings, on committees or in negotiations
with underwriters, investors, or other business partners.
 Supervise, directly or indirectly, the division staff

 

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Job Posting: 839573

Posted On: Sep 01, 2021

Updated On: Oct 12, 2021