Rental Housing Program Manager

Seattle’s Office of Housing (OH) works to build strong, healthy communities and increase opportunities for all people to live in a community of their choice, in a home they can afford. OH invests in the production and preservation of affordable homes for people with low incomes, including individuals and families who are exiting homelessness. The Office also assists low-income homeowners with home repair loans and weatherization grants so they can safely remain in their homes and neighborhoods.

We are looking for a Rental Housing Program Manager who will oversee funding awards of over $110M and lead a team of three staff members, including two underwriters and a project manager, responsible for implementing the City’s Rental Housing Program. In this role, you will develop and implement a multi-year funding strategy to prioritize projects that improve affordability, sustainability, and racial equity. You will optimize the allocation of City resources by aligning rental housing investments with other public funding sources, such as Low-Income Housing Tax Credits and state housing funds. You will also enhance the efficiency and impact of the Rental Housing Program by streamlining the funding application, underwriting, and award processes, developing new tools and data-driven approaches to better evaluate project feasibility, long-term affordability, and equity outcomes, and proactively addressing financial challenges in existing projects by facilitating loan restructures, debt buy-downs, and other strategic interventions to stabilize at-risk developments.

The Rental Housing Program Manager position leads a team of three staff members (two senior project managers and a project manager) and is responsible for implementing the City's Rental Housing Program. The top 3 priorities of this work are:

• Leading, supervising, and developing a team responsible for underwriting, closing, construction administration, disbursements, and project closeout, including assigning work, managing workload, providing technical guidance, and ensuring high-quality and timely work products.

• Planning and managing the City's competitive rental housing funding process, including application review, underwriting, staff recommendations, and implementation of awards.

• Ensuring funded projects are financially feasible, comply with applicable funding requirements, and support long-term financial and operational sustainability.

• Overseeing the negotiation and structuring of City financing for affordable housing investments.

• Overseeing the team's management of funded projects from award through underwriting, loan closing, construction, disbursement, and closeout, ensuring projects meet City requirements and advance toward completion on schedule.

• Overseeing the assignment and administration of City, state, and federal funding sources and ensure compliance with applicable program requirements.

• Coordinating across Office of Housing teams and other City departments to resolve project issues, implementing program requirements, and supporting timely execution of affordable housing investments.

• Maintaining effective working relationships with affordable housing developers, lenders, investors, public funders, community stakeholders, and other partners.

• Representing the Rental Housing Program in meetings with external partners, public forums, and interdepartmental initiatives.

1. Leading the Rental Housing Program and