Loan Manager

DEADLINE TO APPLY IS SUNDAY, SEPTEMBER 13, 2026, AT 11:55 PM

Be ready to rethink your assumptions about the public sector. Dedicated and motivated colleagues? Beautiful, high amenity building for on-site work and collaboration? Flexible schedules and hybrid work options? Yes, yes, and yes!

ABOUT MTC 
The Metropolitan Transportation Commission (MTC) is the transportation planning, financing, and coordinating agency for the nine-county San Francisco Bay Area. MTC is the federally designated Metropolitan Planning Organization (MPO) and the state designated Regional Transportation Planning Agency (RTPA) for the nine-county San Francisco Bay Area. MTC is committed to being an equitable and inclusive workplace. MTC provides services to the Association of Bay Area Governments (ABAG). For more information about MTC, visit www.mtc.ca.gov.

ABOUT THE ROLE

The Bay Area Housing Finance Authority (BAHFA) is entering a new phase guided by its recently completed strategic plan, which establishes near-term programmatic priorities while also outlining a path toward long-term operational sustainability. The Loan Manager provides expertise and oversight of BAHFA’s many affordable housing finance programs, including underwriting, evaluation and implementation of these programs, developing work methods, internal controls, policies, and procedures related to financing programs. In addition, the Loan Manager will provide technical assistance to the public and applicants. The Loan Manager is responsible for providing a high level of subject matter expertise for large, complex, and multi-disciplinary affordable housing projects, programs, strategies, and initiatives to ensure that the Authority's  core programs are delivered effectively, resources are used strategically, and the organization remains stable and adaptive in a dynamic and constantly evolving housing ecosystem. BAHFA’s near-term priorities are designed to build towards the Authority’s long-term vision to bring about transformative, systems-level change to ensure housing affordability and security for all throughout the nine-county Bay Area. An ideal candidate will have extensive knowledge in affordable housing practices and varied funding programs, strong real estate acumen, and deep analytical understanding of proformas and financial instruments.

In addition to managing BAHFA’s various financing programs, the Loan Manager will supervisor and mentor at least one team member. Starting early next year, the Loan Manager, in coordination with staff, will launch a new Regional Mixed Finance funding program, and will be required to facilitate the program from  applications through closings and asset management processes for repayment. The ideal candidate will also represent BAHFA in external settings and champion BAHFA’s statutory mission to advance the “3 P’s” (producing new affordable housing, preserving existing housing, and protecting residents from displacement). The Loan Manager will build strong, trust-based relationships that keep the agency informed, responsive and well positioned to take advantage of emerging opportunities. This position is ideal for an experienced and pragmatic affordable housing loan coordinator, underwriter or project manager who understands how the Bay Area housing ecosystem works in practice while also thinking creatively about new approaches and value-add regional opportunities. The ideal candidate will balance thinking strategically while acting decisively, and will thrive in a hands on, independent, entrepreneurial environment within a larger public agency.

Under general direction of BAHFA’s Assistant Director, the BAHFA Loan Manager will be responsible for:

Program Leadership 

• Providing expertise and oversight of assigned staff, strategies, initiatives, projects, and/or studies related to various BAHFA financing programs by providing direct services locally and regionally.
• Participate in the launch and ongoing management of BAHFA’s new Regional Mixed Finance program fund, including coordinating program design, project evaluation and execution, operational protocols, and partnerships needed for long-term viability. 
• Participates in the development and administration of Commissions operating standards, policies, practices, and procedures related to assigned area(s) of responsibility. 
• Serves as a staff resource, technical expert, and program/policy advisor by providing consultation and guidance to Commissioners, staff, management, and external stakeholders in areas of expertise.
• Monitoring affordable housing trends and innovations, and working to incorporate/adjust BAHFA programs accordingly.
• Performs other duties as assigned. 

Organizational Management 

• Build and strengthen internal systems and processes across BAHFA, championing continuous improvement practices that support a more self-sustaining business model.
• Establishes systems to effectively monitor critical program functions and track key performance indicators; directs the collection and compilation of data and narratives for program evaluation;

External Partnerships and Regional Engagement

• Attends meetings, conferences workshops, training sessions and collaborative forums with regional partners, funders, community organizations, local governments, and practitioners.
• Collects and compiles various program and demographic data; prepares monthly, quarterly, and year-end program, project, and/or technical reports. 
• Prepares and presents staff reports and other necessary correspondence related to assigned programs, activities, and services; presents reports to the Commission and various commissions, committees, and boards. 

Cross-Agency Collaboration and Internal Alignment

• Collaborate closely with staff across MTC and ABAG—including finance, legal, technology, and communications—to ensure smooth execution of BAHFA programs and shared initiatives.
• Prepare and deliver presentations, briefings, and written materials for BAHFA, ABAG, and MTC committees,  as well as for partners and other audiences.

Operational Sustainability and Adaptive Management

• Monitor program performance, budgets, compliance requirements, and risk exposure, raising issues proactively and developing recommendations to resolve challenges.
• Identify and act on opportunities to pilot innovations, refine program models, and adopt practices that increase effectiveness and efficiency.

KNOWLEDGE, SKILLS, AND ABILITIES

The ideal candidate will have the following knowledge, skills, and abilities:

• Deep knowledge of affordable housing finance, including public and private financing structures, state and federal financing programs, tax-exempt bonds, subordinate lending, acquisition/rehab and mixed-income deal structures, and implications of program design for development feasibility.

• Understanding of Bay Area housing systems, including local funding and financing approaches, state regulatory frameworks, and the practical constraints faced by nonprofit and for-profit developers.

• Expertise in regional housing policy and the “3 Ps”, with an ability to connect policy decisions to on-the-ground production, preservation, and protection outcomes.

• Strong program design and implementation skills, with the ability to translate broad strategies into clear procedures, operational workflows, evaluation criteria, and performance management systems.

• Advanced project management abilities, including oversight of complex, multi-year initiatives; coordination across teams and consultants; risk identification; and adaptive problem-solving.

• Skilled in supervising and developing staff, including setting goals, providing coaching and constructive feedback, delegating effectively, and fostering a collaborative and high-performance team culture.

• Ability to analyze and interpret financial models, pro formas, and program budgets, and to identify implications for underwriting, program design, and long-term sustainability.

• Strong communication skills, including the ability to present complex concepts clearly to policymakers, partners, and public audiences; draft concise, compelling written materials; and facilitate productive discussions with diverse stakeholders.

• Ability to build and maintain strong working relationships, establishing trust with local jurisdictions, housing providers, community organizations, funders, and internal partners.

• Capacity to work both collaboratively and independently, exercising initiative, managing competing priorities, and maintaining accountability for results in a fast-paced, entrepreneurial environment within a public agency.

• Commitment to equity and inclusion, with an understanding of how regional housing finance and program design can advance equitable outcomes across the Bay Area.

Any combination of training and experience that would provide the required knowledge, skills, and abilities listed. A typical way to obtain the required qualifications would be:

Education and Experience: Equivalent to a bachelor’s degree from an accredited college or university with major coursework in planning, civil engineering, environmental science, business or public administration, or a related field, and seven (7) years of increasingly responsible professional experience administering programs in a field related to assignment area. 
 
PREFERRED QUALIFICATIONS
 
Education and Experience: 

• Minimum of three (3) years of experience in government lending programs related to affordable housing financing.
• Experience underwriting, structuring, and managing affordable housing loans funded through local, state, or federal government programs.
• Experience with a Community Development Financial Institution (CDFI) is highly desirable.
• Experience working within the Bay Area affordable housing ecosystem is highly desirable.
• Direct experience in affordable housing finance, development, underwriting, asset management, or lending programs is highly desirable.
• Master's degree highly preferred.

HOW TO APPLY
To apply for this outstanding opportunity, please use this link:

https://iazcqy.fa.ocs.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_1/job/192/?utm_medium=jobshare&utm_source=External+Job+Share

EMPLOYMENT REQUIREMENTS

Successful completion of a background check, professional references and the Employment Eligibility Verification Form I-9.  

DISABILITY
The Human Resources Department will make reasonable efforts in the recruitment or skills assessment process to accommodate applicants with disabilities. If selected for an interview or testing, and you require accommodation, please notify the Human Resources Department when confirming your interview or test.

All MTC employees are designated Disaster Service Workers through state and local law (California Government Code Section 3100-3109). Employees are required to complete all Disaster Service Worker-related training as assigned, and to return to work as ordered in the event of an emergency.