Senior Affordable Housing Program Analyst
Senior Affordable Housing Program Analyst
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Job Description
Position Description
About the Office and Team
The Seattle Office of Housing (OH) manages and invests public funds to create and preserve affordable housing across the city. This role is part of the Capital Investments Team (CIT). CIT finances rental housing through competitive funding rounds primarily using the local Seattle Housing Levy in addition to leveragingstate federal and philanthropic sources. We also help shape policy and funding priorities that advance housing partners include affordable housing developerspublic funding agencies at the local state and federal levels and other City of Seattle addition to multifamily housing investment OH supports policy development and asset management strategies that protect long-term affordability across the citys housing portfolio. Outside of CIT and this role OH also administers home repair and energy efficiency programs for low-income is to increase housing access reduce displacement and align public investment with long-term affordability.
About the Role
In this role you will help underwrite structure and manage public investments in affordable housing projects. You will combine focused project analysis with hands-on coordinationacross internal teams andexternal partners.This is anopportunity to deepen your technical skills work directly with internal City teams and external partners and contribute to complex projects across all phases of affordable housing development from funding applications to loan closings to long-term compliance.You will work across disciplines including finance policy planning construction and asset management to support projects that shape the future of affordable housing in Seattle. You will workdirectlywith the Rental Housing Programs Manager on the Capital Investments Team be part of a collaborative team and receive structured training tools and support from experienced colleagues.We welcome candidates from a range of backgrounds who are eager to grow into this work.Job Responsibilities
The top 3 priorities of this work are:
- Project Evaluation & Underwriting:
- Review affordable housing development proposals for financial feasibility and policy alignment. Assess risks capital needs and long-term operating performance using sound judgment and clear analysis.
- Loan Structuring & Negotiation:
- Structure financing terms that meet City policy requirements and hold up in complex multi-source deals. Work closely with legal title and external funders to negotiate agreements and move projects to closing.
- Collaboration & Communication:
- Coordinate with developers other public funders and internal City teams to move projects forward in a shared funding environment. Navigate overlapping priorities timelines and funding requirements while keeping partners informed and aligned.
Your responsibilities will include:
- Reviewing funding applications for affordable housing projects
- Analyzing development budgets and operating pro formas to support funding recommendations
- Coordinating with internal and external partners including developers consultants and other funders throughout the full development lifecycle from award to closing construction and close-out
- Negotiating loan documents in coordination with development teams legal counsel and other public funders
- Monitoring project milestones and compliance during pre-development and construction
- Reviewing and processing developer draw requests
- Collaborating with asset management and policy staff to support long-term project performance and program improvements
You will be prepared for this role with a combination of the following:
- Skills:
- Clear writing and strong communication skills with the ability to explain complex ideas clearly in both written and spoken formats and adapt your message to your audience
- Natural curiosity and learning mindset including an eagerness to understand how projects come together ask questions and deepen your skills
- Technical expertise with tools such as Excel (including formulas and multiple tab spreadsheets) Microsoft 365 SharePoint Salesforce and new technologies as required
- Financial analysis of development budgets and pro formas including use of formulas such as PMT SUMIF and XLOOKUP
- Organized accountable and responsive
- Ability to:
- Manage details while keeping the big picture in mind including tracking timelines documents and data across multiple projects
- Work within ambiguity by being proactive resourceful and able to move things forward without always having complete information
- Coordinate across disciplines working with colleagues in construction policy legal asset management and community organizations
- Learn and navigate the ecosystem of public funders
- Demonstrate a passion for the region affordable housing and public service
- Apply your commitment to racial equity social justice and inclusive development to your work
- Experience:
- Coordinating loan closings and compliance across funders and project teams
- Managing competing timelines shifting project needs and the complexity of public-private development
- Exposure to affordable housing finance or adjacent fields like urban planning public policy or real estate development
- Exposure to public funding sources such as LIHTC the Washington State Housing Trust Fund or HOME
- Experience with Construction land use approvals or development coordination
- Working across organizations or sectors to move projects forward
- Project Evaluation & Underwriting:
Qualifications
In addition to the qualities mentioned above you will need to possess the below required qualifications (or a combination of education training or experience which provides an equivalent background required to perform the work of the class):
- Five (5) years of professional experience in urban planning community development real estate architecture project management housing finance nonprofit development construction project coordination public sector programs or other related experience
OR
- Four (4) years of professional experience in urban planning community development real estate architecture project management housing finance nonprofit development construction project coordination public sector programs or other related experience
- An associate degree in business or public administration architecture urban planning or a related field
OR
- Three (3) years of professional experience in urban planning community development real estate architecture project management housing finance nonprofit development construction project coordination public sector programs or other related experience
- A bachelors degree in business or public administration architecture urban planning or a related field
Additional Information
This civil-service position is eligible for overtime and is classified as a Community Development Specialist Senior. The full pay range for this step-progression position is $54.28 - $63.26 per hour. New employees begin at Step 1 of the pay progression which is $54.28 hourly. Current City employees starting rate of pay will be based on Personnel Rules regarding promotions.
First-round interviews for this position are tentatively scheduled for Wednesday October 1 and/or Thursday October 2 2025. Second interviews are scheduled for Wednesday October 8 2025.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process to perform essential job functions and to receive other benefits and privileges of employment. Please contact Lindsey King at to request accommodation.
This position offers the flexibility of a hybrid work schedule. Employees of the Office of Housing are expected to be in-office 3 days per week. Tuesday is currently an in-office day for the team. Individual schedules will be based on agreement between the employee and their supervisor.
Individuals selected to fill this position may be eligible to receive Language Premium Pay (SMC 4.20.360) which provides a $200.00 monthly stipend to qualified bilingual employees who are properly evaluated and assigned to provide direct communication in-language interpretation or translation services to the public on behalf of the City of Seattle.
As this position has access to personal identity information job offers are contingent on review of criminal history as well as verification of information provided by the applicant as part of the application compliance with Seattles Fair Chance Employment Ordinance SMC 14.17 applicants will be provided an opportunity to explain or correct background information.
TheCity of Seattle recognizes every City employee must play a role in ending institutional and structural racism. Our culture is the result of our behavior our personal commitments and the ways we courageously share our perspectives and encourage others to do the same. To cultivate an antiracist culture we seek employees who will engage in theRace and Social Justice Initiative by working to dismantle racist policies and procedures unlearn the way things have always been done and provide equitable processes and services.
The City of Seattle offers a comprehensive benefits package including vacation holiday and sick leave as well as medical dental vision life and long-term disability insurance for employees and their dependents. More information about employee benefits is available on the Citys website at: PROCESS:
Please submit your application at later than 4:00pm Pacific Time on Tuesday September 9 2025.To be considered for this position in addition to completing your application fully please attach:
- A PDF of your current resume which illustrates your related skills experience and abilities
- Cover Letter explaining your interest in this opportunity with the Office of Housing and capability to perform in this role
This position is open to all candidates that meet the minimum qualifications. The City of Seattle values diverse perspectives and life experiences. Applicants will be considered regardless of race color creed national origin ancestry sex marital status disability religious or political affiliation age sexual orientation medical condition or pregnancy. The City of Seattle encourages people of all backgrounds to apply including people of color immigrants refugees women LGBTQ people with disabilities veterans and those with diverse life experiences. If you have questions please contact Lindsey King at.
Required Experience:
Senior IC
Employment Type
Full-Time
