Director of Rental Housing Finance

VIRGINIA HOUSING   Richmond, VA   Full-time     Finance
Posted on August 30, 2023
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Join Virginia Housing and help make a difference as a Director of Rental Housing Finance.

This important role will direct and manage all financial aspects relating to the rental housing programs. Manage the financial risk profile of the Authority through the design of its mortgage loan products, the management of the assets and liabilities on its balance sheet, the determination of interest rates on mortgage loan programs, and the management of its cash flow. Manage the acquisition of external capital as necessary to fund rental housing loan programs, including the issuance of tax-exempt and taxable securities and the securitization of loans. Ensure on-going compliance with IRS Regulations and various bond resolutions.

Virginia Housing is one of the nation's premier housing finance agencies. Our mission is to help Virginians attain quality, affordable housing, which we accomplish through our public-private partnerships.

We are focused on employee engagement and committed to a healthy and diverse workforce. We offer on-site conveniences such as a fitness center and free parking. Educational opportunities to help your advancement are available through classroom and online programs.

To be successful in this role you must possess:
  • Bachelor's degree in finance, business administration, or other relevant degree and/or applicable work experience.
  • Many years of work experience in mortgage finance or lending with relevant duties to include analysis of complex commercial transactions, managing legal risks, and negotiating agreements and financial instruments.
  • Prior management and leadership experience.
  • a working knowledge of the federal low-income housing tax credit program and tax-exempt bond regulations affecting rental housing developments.
The ideal candidate would have an advanced degree, such as an M.B.A. or Master of Finance or technical certification (e.g., CPA or CFA).

Applications and resumes are accepted online only at

This position will close at midnight on 9/28/2023

Hiring Range: $157,720 -$205,034

A background check will be performed as a condition of employment.

Internal applicants

Please review relevant HR policy under 'Employment Practices' on the Zone before applying.

Apply through the Zone or at