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HOUSING FINANCE OFFICER (RENTAL)

CA Housing Finance Agency
Sacramento, CA Full Time
POSTED ON 5/11/2026
AVAILABLE BEFORE 7/10/2026

Under the general direction of the Housing Finance Chief, the Housing Finance Officer (Rental) oversees and supervises the work of the deal team in origination, underwriting, and presentations of affordable multifamily loans from the various CalHFA programs to the Senior Loan Committee and CalHFA Board of Directors. Upon loan approval, the Officer also oversees the closing of the loan, monitoring of the loan during the construction period, and ultimately successful transfer of the loan to Asset Management.

Next cut off dates for job application review: 04/30/2026.


 
To be considered for this position, candidate MUST meet the minimum qualifications as below and take the examination (Exam Code: EX-4182) for the Housing Finance Officer (Rental) classification.

Minimum Qualifications (Requirements for Admittance to the Exam)

00105451 - HOUSING FINANCE OFFICER (RENTAL)

Either I

Experience: One year of experience in the mortgage operations of the California Housing Finance Agency at a level of responsibility equivalent to that of a Housing Finance Specialist.

Or II

Experience: Five years of mortgage loan experience, including one year of responsibility at the management level in a commercial bank, mortgage bank, savings and loan association, State housing finance agency, or in a closely related institution, one year of which must have involved multiunit mortgage loan experience. (A Master's Degree in Planning, Economics, Business, Government, Finance, or a related field may be substituted for one year of the required experience.)

AND

Education: Equivalent to graduation from college, preferably in planning, economics, business, government, finance, or a related field. (Additional qualifying experience may be substituted for the required education on the basis of one year of experience equals two years of college education.)

You will find additional information about the job in the Duty Statement.

Hybrid telework schedules are available. The amount of telework is at CalHFA’s discretion and is based on operational needs. IN-PERSON ATTENDANCE WILL BE REQUIRED WEEKLY.

Our office is in 500 Capitol Mall, a high-rise building conveniently located in downtown Sacramento with access to public transportation (light rail and bus) and freeways (I-5, 99, and Business 80). It is one block from Downtown Commons (DOCO), the Golden 1 Center, and many restaurants. Employees also have free access to the gym located in the building.

CANDIDATES WHO ARE NEW TO STATE WILL START AT THE MINIMUM OF THE SALARY RANGE.

Please let us know how you learned about this career opportunity by taking a brief survey: https://www.surveymonkey.eom/r/35W9XBY


You will find the Minimum Requirements in the Class Specification.
  • HOUSING FINANCE OFFICER (RENTAL)
  • Job Application Package Checklist
  • Duty Statement
Job Code #:
JC-500556
Position #(s):
693-906-5451-XXX
Working Title:
Multifamily Unit Loan Underwriting
Classification:
HOUSING FINANCE OFFICER (RENTAL)
$8,630.00 - $10,747.00
New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable.
# of Positions:
1
Work Location:
Sacramento County
Telework:
Hybrid
Job Type:
Permanent, Full Time
Work Week:
Monday - Friday
CALIFORNIA HOUSING FINANCE AGENCY

MULTIFAMILY PROGRAMS DIVISION:

The Multifamily Programs Division provides loans that facilitate the development, and rehabilitation of affordable housing projects by partnering with localities as well as for-profit and nonprofit developers. The Multifamily Division consists of the Multifamily Lending Section and Asset Management Section. The Multifamily Programs Division also leverages or increases the purchasing power of, other funding sources, including funds from other state agencies, allocations from the California Debt Limit Allocation Committee (CDLAC), and the California Tax Credit Allocation Committee (CTCAC).

OUR VISION:
All Californians living in homes they can afford.

OUR MISSION:
Investing in diverse communities with financing programs that help more Californians have a place to call home.

Established in 1975, CalHFA was chartered as the state's affordable housing lender. Our Agency's Multifamily Division finances the development of affordable rental and our Single Family Division provides down payment assistance to low and moderate income first-time homebuyers. CalHFA is a completely self-supporting state agency that does not rely on taxpayer dollars for its operation costs, but regularly administers various state and federal resources on behalf of the state.

At CalHFA, we embrace a culture that is diverse, equitable, and inclusive for everyone by building an organization that is as diverse as the communities we serve. CalHFA believes that diversity provides a competitive advantage, strengthens our innovative capacity, and enhances our ability to succeed and grow.

CalHFA has held its certification as a Great Place To Work® since 2021. Join us in helping more Californians to have a place to call home.
The Employment History section on the STD 678 (Employment Application) must be complete and include accurate dates, hours per week, total time worked, duties performed, and contact names and phone numbers of supervisors. Resumes or other documents do not substitute the Employment Application. Applicants who fail to submit a completed Employment application will be disqualified.

Use these links to review the State Application Checklist and Supplemental Application checklist to help you understand how to complete a strong state application and address some frequently asked questions.

Salary : $103,560 - $128,964

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Job openings at CA Housing Finance Agency

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  • CA Housing Finance Agency Sacramento, CA
  • **This is a continuous recruitment; Additional cutoff dates may be set as departmental needs warrant.** Next Cutoff Date: 5/17/2026 Under the direction of ... more
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