Careers at MassHousing
At MassHousing, we believe a home is more than a roof and four walls. A home is safety and security, opportunity and peace of mind. Our team of talented professionals works to ensure that all Massachusetts residents have a safe, healthy and affordable place to call home. If you share our commitment, we hope you will consider joining us.
Equal Opportunity Employer M/F/V/D
MassHousing is committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants, colleagues and partners without regard to race, color, religion, sex, pregnancy, national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information, military and veteran status, and any other characteristic protected by applicable law. MassHousing believes that diversity and inclusion among our colleagues and partners is critical to our success, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.
Current Openings
Associate Attorney
Organization: MassHousing
Location: One Beacon Street, Boston, MA 02108
Posting Closes: Close of Business on 3/11/2022
Website: https://www.masshousing.com
MassHousing recently affirmed its longstanding commitment to diversity and inclusion in its 5-year Strategic Goals.
The Organization
MassHousing will confront the housing challenges facing the Commonwealth to improve the lives of its people. A bold mission for an innovative agency. Since its inception in 1966, MassHousing has provided more than $27.5 billion for more than 125,000 apartments and more than 105,000 home mortgage loans. Beyond lending, we also work to promote economic growth and empowerment for families, individuals, and businesses; help communities increase their housing stock; provide hope and homes for vulnerable populations, and look for new, cost-effective ways to provide equitable housing opportunities. We have a relentless determination to confront the Commonwealth's housing challenges and improve lives.
We know that we cannot meet our mission without a workforce that is committed to standing with us in our efforts. We achieve this by making investments in staff development and prioritizing individuals who align with our values including an unwavering dedication to diversity, equity, and inclusion.
As an employee of MassHousing you are offered a great career opportunity which is more than a paycheck. MassHousing’ s total compensation package features an outstanding set of employee benefits which you should consider towards your overall compensation, including but not limited to:
- Tuition reimbursement up to $10,000 per calendar year
- A 35-hour work week and a hybrid work schedule
- Back up Child/Elder Care
- Retirement Savings including a pension and a deferred compensation plan (with a match)
- Comprehensive health, dental and vision plans
- 12 paid Holidays per year and generous sick, vacation, and personal time
- Short-Term Disability
- Central Boston office location, convenient to public transportation and amenities on site
If you're ready to join our dynamic team of mission driven professionals, this might be the job for you! Interested candidates should send a letter of interest and a resume to MassHousing by logging in to https://prd01-hcm01.prd.mykronos.com/ta/6003873.careers?CareersSearch
Position Summary
The Associate Attorney reports to a Senior Attorney and provides legal counsel to the Agency’s business lines responsible for originating/structuring real estate transactions and protecting the Agency’s financial interests in such transactions.
Specific Duties and Responsibilities
- Drafting and reviewing transaction documents, assisting closing multifamily loans under the direction of an Attorney, Senior Attorney or Deputy General Counsel, coordinating with paralegals and assisting with multifamily closings, recordings, and filings.
- Reviewing and commenting on loan due diligence subject to approval of Attorney, Senior Attorney or Deputy General Counsel. Assisting the Special Counsel – Information Officer in responding to public records requests.
- Assisting with post-closing compliance matters.
- Serving as the Legal Division's liaison and/or first point of contact for one or more particular areas of law and as a Legal Division resource to the General Counsel, Deputy General Counsel and Senior Attorneys for research, compilation, review and reporting on specific matters as directed.
Knowledge, Skills and Abilities Required
- Admitted, or eligible for admission, to the Massachusetts bar.
- Familiarity with real estate or commercial transactions, single-family mortgage regulation/foreclosure, and governmental programs preferred
- Excellent analytical, writing and communication skills.
Minimum Education and Training
- Graduate (J.D.) of accredited law school.
- Superior academic credentials.
Candidates must also complete an assessment at: https://assessment.predictiveindex.com/bo/16B/AssociateAttorney2.22
Salary Range: $84,875.00 to $110,338.00
All positions at MassHousing require a customer service mindset, in accordance with our values: Integrity, Excellence, Collaboration, Respect, Accountability and Service. Inherent in these values is our commitment to diversity, equity, and inclusion for all.
This position has been designated as “Flex” under MassHousing’s Alternative Work Schedule (AWS)-hybrid work model which means; employee is in the office at least eight days a month.
As a condition of employment, successful applicants will be required to be fully vaccinated against COVID-19 or have an approved exemption as of their start date. Details relating to demonstrating compliance with this requirement will be provided to applicants selected for employment. Applicants who receive an offer of employment who can provide documentation that the vaccine is medically contraindicated or who object to vaccination due to a sincerely held religious belief may make a request for an exemption.
MassHousing is an Equal Opportunity Employer
Associate Underwriter
Organization: MassHousing
Location: One Beacon Street, Boston, MA 02108
Posting Closes: Close of Business on 3/17/2022
Website: www.masshousing.com
MassHousing recently affirmed its longstanding commitment to diversity and inclusion in its 5-year Strategic Goals.
The Organization
MassHousing will confront the housing challenges facing the Commonwealth to improve the lives of its people. A bold mission for an innovative agency. Since its inception in 1966, MassHousing has provided more than $27.5 billion for more than 125,000 apartments and more than 105,000 home mortgage loans. Beyond lending, we also work to promote economic growth and empowerment for families, individuals, and businesses; help communities increase their housing stock; provide hope and homes for vulnerable populations, and look for new, cost-effective ways to provide equitable housing opportunities. We have a relentless determination to confront the Commonwealth's housing challenges and improve lives.
We know that we cannot meet our mission without a workforce that is committed to standing with us in our efforts. We achieve this by making investments in staff development and prioritizing individuals who align with our values including an unwavering dedication to diversity, equity, and inclusion.
As an employee of MassHousing you are offered a great career opportunity which is more than a paycheck. MassHousing’s total compensation package features an outstanding set of employee benefits which you should consider towards your overall compensation, including but not limited to:
- Tuition reimbursement up to $10,000 per calendar year
- A 35-hour work week and a hybrid work schedule
- Back up Child/Elder Care
- Retirement Savings including a pension and a deferred compensation plan (with a match)
- Comprehensive health, dental and vision plans
- 12 paid Holidays per year and generous sick, vacation, and personal time
- Short-Term Disability
- Central Boston office location, convenient to public transportation and amenities on site
If you're ready to join our dynamic team of mission driven professionals, this might be the job for you! Interested candidates should send a letter of interest and a resume to MassHousing by logging in to https://prd01-hcm01.prd.mykronos.com/ta/6003873.careers?CareersSearch
Position Summary
The Associate Underwriter is primarily responsible for underwriting multifamily affordable housing financing transactions under the supervision of an Underwriter. Additionally, the Associate Underwriter is responsible for the day-to-day operations, oversite, and maintenance of various underwriting programs. Transactions will include both taxable and tax-exempt executions with either new construction, substantial rehabilitation, or refinancings with moderate rehabilitation, both with and without Low Income Housing Tax Credits (LIHTC). The Associate Underwriter will engage in transactions at the pre-screen stage, initially providing internal guidance on potential underwriting issues including loan sizing, market/appraisal concerns, as well as environmental and construction reviews. As the transaction proceeds to underwriting, the Associate Underwriter will collect and review due diligence, perform financial modeling and analysis, and communicate with internal and external parties. The Associate Underwriter will work closely with an Underwriter to ensure that underwriting issues are identified and addressed, and that loans are processed in accordance with prudent loan standards and applicable MassHousing and HUD/FHA regulations, guidelines, and policies. The Associate Underwriter will assist in the preparation and presentation of the loan package for credit approval. The Associate Underwriter will become proficient in the underwriting and processing of Risk Sharing and FHA-insured transactions for existing portfolio refinancings and new Agency business. The Associate Underwriter is expected to enroll in select course offerings in order to become an Underwriter, therefore, candidates must have a demonstrated history of academic success and professional development. The Associate Underwriter will perform other duties and responsibilities as assigned.
Specific Duties and Responsibilities
- Perform all underwriting related tasks as needed, including but not limited to collection and review of due diligence, financial modeling and analysis, communication with internal and external parties.
- Oversee the day-to-day operations of various underwriting programs including progress tracking, issue resolution, and communication with internal and external partners.
- Perform all other duties as assigned by supervisor.
Knowledge, Skills and Abilities Required
- Previous experience with LIHTC and/or FHA MAP.
- Strong MS Office skills, including Excel.
- Previous experience with financial modeling and analysis.
- Excellent written and oral communication skills.
- Ability to apply critical thinking skills to propose strategic recommendations and solutions.
Minimum Education and Training
- Bachelor's degree in finance, business administration or directly related field and four years of professional mortgage loan, underwriting or housing finance experience.
OR
An equivalent combination of education and experience sufficient to successfully perform the essential duties of the job such as those listed above. - HUD-approved MAP underwriter (or commitment to training/testing for the designation) preferred.
- Three to five years of substantive experience in finance or real estate, with preference for LIHTC and/or FHA lending experience.
- Must have broad knowledge of government and private financing programs, including federal insurance and subsidy programs.
Salary Range: $84,875 - $110,338
All positions at MassHousing require a customer service mindset, in accordance with our values: Integrity, Excellence, Collaboration, Respect, Accountability and Service. Inherent in these values is our commitment to diversity, equity, and inclusion for all.
This position has been designated as “Flex” under MassHousing’s Alternative Work Schedule (AWS)-hybrid work model which means; employee is in the office at least eight days a month.
As a condition of employment, successful applicants will be required to be fully vaccinated against COVID-19 or have an approved exemption as of their start date. Details relating to demonstrating compliance with this requirement will be provided to applicants selected for employment. Applicants who receive an offer of employment who can provide documentation that the vaccine is medically contraindicated or who object to vaccination due to a sincerely held religious belief may make a request for an exemption.
MassHousing is an Equal Opportunity Employer
Housing Policy Associate
Organization: MassHousing
Location: One Beacon Street, Boston, MA 02108
Posting Closes: Close of Business on 3/14/2022
Website: https://www.masshousing.com
MassHousing recently affirmed its longstanding commitment to diversity and inclusion in its 5-year Strategic Goals.
The Organization
MassHousing will confront the housing challenges facing the Commonwealth to improve the lives of its people. A bold mission for an innovative agency. Since its inception in 1966, MassHousing has provided more than $27.5 billion for more than 125,000 apartments and more than 105,000 home mortgage loans. Beyond lending, we also work to promote economic growth and empowerment for families, individuals, and businesses; help communities increase their housing stock; provide hope and homes for vulnerable populations, and look for new, cost-effective ways to provide equitable housing opportunities. We have a relentless determination to confront the Commonwealth's housing challenges and improve lives.
We know that we cannot meet our mission without a workforce that is committed to standing with us in our efforts. We achieve this by making investments in staff development and prioritizing individuals who align with our values including an unwavering dedication to diversity, equity, and inclusion.
As an employee of MassHousing you are offered a great career opportunity which is more than a paycheck. MassHousing’s total compensation package features an outstanding set of employee benefits which you should consider towards your overall compensation, including but not limited to:
- Tuition reimbursement up to $10,000 per calendar year
- A 35-hour work week and a hybrid work schedule
- Back up Child/Elder Care
- Retirement Savings including a pension and a deferred compensation plan (with a match)
- Comprehensive health, dental and vision plans
- 12 paid Holidays per year and generous sick, vacation, and personal time
- Short-Term Disability
- Central Boston office location, convenient to public transportation and amenities on site
If you're ready to join our dynamic team of mission driven professionals, this might be the job for you! Interested candidates should send a letter of interest and a resume to MassHousing by logging in to https://prd01-hcm01.prd.mykronos.com/ta/6003873.careers?CareersSearch
Position Summary
The Housing Policy Associate researches and analyzes data and trends that supports MassHousing as it confronts the Commonwealth’s housing challenges. This position enhances the capacity of the executive team with a focus on developing raw ideas into policy and programs. This personable team player designs criteria to evaluate the impact of existing and new products and programs to inform strategic directions. The Housing Policy Associate also facilitates teams that may consist of internal and external stakeholders as MassHousing pilots’ solutions to housing issues across the Commonwealth. Initially the focus will be on increasing diversity in the sponsors and developers of affordable housing. S/He can make high level concepts and dense data easily accessible to audiences with varying levels of familiarity with the issues. The position reports directly to the Executive Director.
Specific Duties and Responsibilities
- Research and analysis. Research qualitative and quantitative data to set policy objectives. Analyze existing data and trends to identify opportunities and strategies to meet policy objectives. Research market trends, products and programs to identify opportunities to enhance MassHousing’s competitive advantage in meeting customer needs.
- Facilitate interdisciplinary teams through ideation to implementation. Work with Executive team to identify key stakeholders to participate in design and evaluation of products and programs that advance MassHousing’s strategic agenda. Lead those teams through ideation, feasibility, implementation and evaluation. Provide technical assistance to teams in the form of research, presentation of data trends, accessing relevant external resources and other activities. Regularly report to the Executive Leadership team about progress and recommendations for how to proceed.
- Gather, present and disseminate information. Prepare key documents and presentations for executive team members on policy objectives. Organize forums, panels and seminars intended to solicit new ideas, report on data and/or present recommendations.
- Generate new ideas. Supports the Executive Leadership team, including business unit leaders, with identifying new strategies and emerging market opportunities.
- Evaluate performance. Develop evaluation criteria for existing and new products and programs. Regularly review criteria with internal and external stakeholders. Use evaluation data to inform strategic decisions about products and programs.
- Perform other duties as assigned by the Executive Director.
Knowledge, Skills and Abilities Required
- Demonstrated strategic conceptual thinking, strategic planning and execution skills.
- Strong interpersonal skills with a history of working with people at all skill levels, both internally and externally.
- Deep knowledge of team leadership and facilitation skills.
- Excellent follow through skills with the ability to bring ideas to a conclusion in a timely matter.
- Exceptional capacity to develop and analyze data.
- Superior communication and presentation skills with a proven capacity to take complex concepts and deliver them in a clear, concise manner in multiple formats to various audiences.
- Proven ability to work in a fast-paced environment to develop high efficiency programs and procedures that result in high impact outcomes.
- Demonstrated experience managing and leading teams internally and externally, working effectively with senior-level management and key stakeholders and within complex contexts.
- Understanding of and commitment to MassHousing’s mission.
Minimum Education and Training
- Bachelor’s or Master’s (preferred) degree in Business Administration, Public Administration, Urban Planning or related field, or equivalent work experience.
- Five years professional experience in housing policy and research, multifamily development process, mortgage lending and servicing, or related fields.
Salary Range: $72,956 - $94,842
All positions at MassHousing require a customer service mindset, in accordance with our values: Integrity, Excellence, Collaboration, Respect, Accountability and Service. Inherent in these values is our commitment to diversity, equity, and inclusion for all.
This position has been designated as “Mobile” under MassHousing’s Alternative Work Schedule (AWS)-hybrid work model which means 90% or more of duties can be performed remotely. Employees in this category work from the office periodically, 1 day or less per week with a minimum of once per month. This category may also include employees who need to be in the office with greater frequency due to seasonal work, training, and operational need/project needs.
As a condition of employment, successful applicants will be required to be fully vaccinated against COVID-19 or have an approved exemption as of their start date. Details relating to demonstrating compliance with this requirement will be provided to applicants selected for employment. Applicants who receive an offer of employment who can provide documentation that the vaccine is medically contraindicated or who object to vaccination due to a sincerely held religious belief may make a request for an exemption.
MassHousing is an Equal Opportunity Employer
Rental Underwriter
Organization: MassHousing
Location: One Beacon Street, Boston, MA 02108
Posting Closes: Close of Business on 3/17/2022
Website: www.masshousing.com
MassHousing recently affirmed its longstanding commitment to diversity and inclusion in its 5-year Strategic Goals.
The Organization
MassHousing will confront the housing challenges facing the Commonwealth to improve the lives of its people. A bold mission for an innovative agency. Since its inception in 1966, MassHousing has provided more than $27.5 billion for more than 125,000 apartments and more than 105,000 home mortgage loans. Beyond lending, we also work to promote economic growth and empowerment for families, individuals, and businesses; help communities increase their housing stock; provide hope and homes for vulnerable populations, and look for new, cost-effective ways to provide equitable housing opportunities. We have a relentless determination to confront the Commonwealth's housing challenges and improve lives.
We know that we cannot meet our mission without a workforce that is committed to standing with us in our efforts. We achieve this by making investments in staff development and prioritizing individuals who align with our values including an unwavering dedication to diversity, equity, and inclusion.
As an employee of MassHousing you are offered a great career opportunity which is more than a paycheck. MassHousing’s total compensation package features an outstanding set of employee benefits which you should consider towards your overall compensation, including but not limited to:
- Tuition reimbursement up to $10,000 per calendar year
- A 35-hour work week and a hybrid work schedule
- Back up Child/Elder Care
- Retirement Savings including a pension and a deferred compensation plan (with a match)
- Comprehensive health, dental and vision plans
- 12 paid Holidays per year and generous sick, vacation, and personal time
- Short-Term Disability
- Central Boston office location, convenient to public transportation and amenities on site
If you're ready to join our dynamic team of mission driven professionals, this might be the job for you! Interested candidates should send a letter of interest and a resume to MassHousing by logging in to https://prd01-hcm01.prd.mykronos.com/ta/6003873.careers?CareersSearch
Position Summary
The Rental Underwriter is primarily responsible for the prescreen review, underwriting, commitment and closing of multifamily loan transactions involving taxable or tax-exempt bond financing. The Rental Underwriter reports directly to the Senior Rental Underwriter. The Rental Underwriter works closely with Originators, Portfolio Managers and Legal to provide credit and structuring recommendations to meet Agency requirements relative to best practices, standards and Policy and Procedures.
Specific Duties and Responsibilities
- Prescreen, underwrite, and close multifamily loan transactions.
- Provide strategic recommendations and solutions to Senior Rental Underwriters and Manager of Rental Underwriting.
- Collaborate with internal staff including, but not limited to, legal, finance, origination, design & construction, rental management, and loan servicing.
- Deliver excellent customer service to staff and business partners under tight deadlines.
- Perform other duties and responsibilities as assigned.
Knowledge, Skills and Abilities Required
- Exceptional critical thinking, negotiation, problem-solving and effective time management skills.
- Highly developed analytical skills.
- Ability to multi-task, work both collaboratively and independently under minimal supervision.
- Excellent organizational, written, and oral communication skills.
- Responsive with ability to anticipate problems and opportunities.
- Broad knowledge of tax credit equity, government and private debt lending programs, including credit enhancement and rental subsidy programs.
Minimum Education and Training
- Master's or professional degree or equivalent work experience required.
- HUD-approved MAP underwriter preferred.
- Three to five years of substantial experience in the debt financing, equity investment or asset management of affordable rental housing properties.
- Excellent written and oral communication skills required.
Salary Range: $101,287 - $131,673
All positions at MassHousing require a customer service mindset, in accordance with our values: Integrity, Excellence, Collaboration, Respect, Accountability and Service. Inherent in these values is our commitment to diversity, equity, and inclusion for all.
This position has been designated as “Flex” under MassHousing’s Alternative Work Schedule (AWS)-hybrid work model which means; employee is in the office at least eight days a month.
As a condition of employment, successful applicants will be required to be fully vaccinated against COVID-19 or have an approved exemption as of their start date. Details relating to demonstrating compliance with this requirement will be provided to applicants selected for employment. Applicants who receive an offer of employment who can provide documentation that the vaccine is medically contraindicated or who object to vaccination due to a sincerely held religious belief may make a request for an exemption.
MassHousing is an Equal Opportunity Employer
What our team is saying
"Working at MassHousing gives me a strong sense of purpose, as well as the ability to grow and use my skills in an impactful way. I take pride in knowing that I am a trusted and valued advisor, who provides assurances on governance, risk and control activities. Management's receptiveness to creative solutions, drive for efficiency and unwavering desire to continuously improve its people and the work we do, makes MassHousing a workplace that aligns with my personal and professional values."
–Cynthia F., Internal Audit
"I enjoy our shared purpose and commitment to providing our customers with shelter and some sense of normalcy. It’s nice to witness the empathy and devotion of staff as we work toward a common goal."
–Ricky O., Rental Underwriting
"There are many benefits to working at MassHousing such as career advancement, job stability and a safe working environment. Most importantly, I work with a great group of colleagues and managers. We all work together as a family and a united team with the same goals and mission to serve our customers with respect, integrity and satisfaction. MassHousing is a workplace that feels like home."
–Charlene H., HomeOwnership
"One goal I dreamed about while in college was to work for an organization for my entire career in Accounting and Finance. I am happy to say that MassHousing has fulfilled my dream. One does not remain with an organization for over 32 years if it did not challenge the individual while providing a progressive supportive environment that encourages and promotes employee development...I have heard that we spend about 90,000 hours at work over the course of our lifetime. It becomes easy when you consider the people you work with family."
–Sam J., HomeOwnership
"In my five years at MassHousing, I have enjoyed a very supportive team and great work environment. MassHousing supports my growth as a professional, an individual and an employee by providing generous benefits, including tuition reimbursement for courses relevant to the mission of creating and preserving housing. The company values your growth and input and is always looking for new ways to integrate new ideas and methods in daily operations."
–Christina K., Rental Management
"A job at MassHousing is not just a job. It is good work in a very professional environment, and it is professional work that does good to people in the Commonwealth. We are the state's affordable housing lender, we are creative and competitive. What makes us unique is our commitment to serve the underserved. What I love most about my job at MassHousing is knowing that, at the end of the day, my work contributes to the success of a first-time homebuying family somewhere in Massachusetts."
–Mounzer A., HomeOwnership
"I enjoy working at MassHousing because I enjoy helping others. MassHousing has helped me to purchase my first home and I get to provide this opportunity to others as well. As a parent, the flexibility allows me to create a schedule that works for both my personal and professional life. MassHousing is not just a place for opportunity, it is also a place of hope."
–Mircia K., HomeOwnership
"I love working at MassHousing mostly because I get to do interesting work that is meaningful to our society. I didn't feel that way in my previous professional roles, and so I don't take it for granted. Plus, a lot of really interesting people work at MassHousing…I've already met lifelong friends here. I also feel I can be myself in my role, and that people have gone out of their way to support me in both my career and personal life. I’m grateful for that."
–Ryan S., Rental Underwriting
"I love MassHousing because people care about me as a person and about my professional growth. I am always encouraged and supported to try out new things and be innovative. MassHousing offers great benefits and perks that have made my life as a working parent much easier. This job has given me a sense of home and stability. I have made friendships and connections with people from all different walks of life who I can now call family."
–Cibele G., HomeOwnership
"The thing I enjoy most about working at MassHousing is the dedication and expertise the staff has in meeting the housing challenges facing Massachusetts residents. The foundation of everything we do is the people we serve. To be part of such a noble and important mission is what makes working at MassHousing far more than just a job. It's very satisfying to see and hear the stories of Massachusetts residents who have been able to grow and prosper because they have an affordable home and economic opportunity."
–Tom F., Communications
"Although I have only been employed here for one year, I already feel a strong commitment and dedication to the Agency and to my team. MassHousing strives to provide the very best services to our lenders, customers and to their employees. It is a rewarding feeling to know you are giving the best customer service to your borrowers every day, especially in these trying economic times. I know I have made a great choice in joining MassHousing!"
–Michelle K., HomeOwnership
"I believe a home should be a happy place where you can live, learn and laugh. MassHousing has been a special home for me. I’ve had the good fortune to be in different roles at MassHousing that have truly challenged me to be a better person in so many ways, all the while working with exceptional people who sincerely believe that MassHousing is here to improve the lives of people. If ‘home is where the heart is’, then my home is MassHousing."
–Paul H., Information Technology