Join Housing Trust Silicon Valley as the Chief Lending Officer and lead the dynamic Multifamily Lending Team in creating impactful affordable housing solutions across the Bay Area. As a 100% self-sufficient nonprofit, Housing Trust is dedicated to making a difference, working collaboratively with major partners like Google and Apple to drive strategic projects. In this senior leadership role, you’ll guide a hardworking, mission-driven team to develop innovative financing programs that address critical housing needs. This is an exciting opportunity to contribute to transformative projects while shaping the future of affordable housing—apply today and be part of a collaborative, high-impact organization!

Another Source's client, Housing Trust Silicon Valley, is recruiting a Chief Lending Officer to join their Multifamily Lending Team in San Jose, California. This position plays a critical role in representing Housing Trust in the Affordable Housing ecosystem. It is an exciting time to join the team at Housing Trust Silicon Valley! 

This role works a hybrid schedule of two days on-site and three days remote. 

About Housing Trust:  

Housing Trust is leading the effort to create a strong affordable housing market in the greater Bay Area as one of the region’s highest-volume nonprofit housing lenders.  Serving people experiencing homelessness to renters to first-time homebuyers, we assist a wide range of residents with programs across the entire spectrum of housing issues. Since 2000, Housing Trust has invested $509 million – creating over 25,000 affordable housing opportunities serving over 46,000 of our neighbors. Housing Trust has led the way in engaging local corporations and foundations in investing hundreds of millions of dollars to work with us to bring more solutions to the market all while experiencing several years of high growth in our lending business.   

Housing Trust aspires to be a diverse and inclusive organization. We are committed to recruiting, retaining, and promoting diversity in our workforce and leadership to reflect the communities we serve. We believe differences in lived-experiences, cultural backgrounds, and diversity of thought are our strongest assets and contribute to our success. 

Salary:  

Housing Trust offers a competitive compensation package, including a bonus plan and benefits. This is an exempt, full-time position. The salary range for this position is $210K - $250K, depending on experience level.  

Benefits Overview: 

• Medical, Dental and Vision benefits fully covered for employees. Eligible dependents covered at 50%. 

• 401K employer contribution at 3% and additional match up to 2%.  

• 3 weeks of paid vacation 

• Commuter Benefits including 100% paid parking 

• 12 paid sick days 

• Paid year-end shutdown 

• End of year bonus 

• Tuition reimbursement program and more... 

Read more about our competitive benefits package. 

Learn more about the team 

Read about what we do 

About the role:  

The Chief Lending Officer (CLO) plays a key role guiding the strategic direction of the organization while leading, coaching, and supervising the Multifamily Lending (MFL). The CLO is a member of the senior management team responsible for overseeing the structuring and deployment of capital resources. The position’s responsibilities include new program and product development and financing innovation.  The CLO manages the MFL in developing and delivering financing solutions on behalf of Housing Trust.  This position is responsible for developing and refining programs for maximum impact in response to borrower needs and changes in the market.  

KEY RESPONSIBILITIES 

• Direct and ensure future growth of the organization through strategic oversight of the multifamily lending team.  

• Lead the development of new products, programs, and loan funds in the furtherment of Housing Trust’s capital deployment and impact goals 

• Manage all program activities to achieve program goals, including oversight of marketing the program, supervising, supporting, and motivating staff who have primary program responsibility for business development and loan originations 

• Cultivate, establish new and maintain and/or grow existing relationships across the CDFI field  

• Enhance Housing Trust lending programs by designing new products or improving existing ones, and develop creative ideas to access flexible capital in collaboration with Chief Executive Officer, Chief Credit Officer and Chief Financial Officer 

• Responsible for developing and implementing, in collaboration with the CEO and other senior management team, the strategic direction of Housing Trust  

• Support direct reports in talent acquisition, development, and retention of staff, and cultivation of a mission-focused environment of creativity, innovation, agility, and work/life balance. 

• Provide leadership through communication, performance management, professional development, coaching, guidance, encouragement, and recognition of direct reports. 

• Lead efforts to identify and assess new opportunities to fill financing and/or programmatic gaps in the affordable housing sector in alignment with Housing Trust’s strategic direction. 

• Collaborate with CEO and Chief Development and Communications Officer in the development of strategic responses to public and private RFQs, NOFAs, etc.  

• Collaborate with Chief Financial Officer regarding annual budgets, interest rates, cash flow, contract changes, accounting for sales and other finance and compliance areas. 

• Partner with Chief Credit Officer on portfolio and asset management and loan administration matters ensuring compliance with Housing Trust’s lending policies and all applicable laws and regulations.   

• Support the development, management and implementation strategies for raising and deploying new capital sources  

• In collaboration with the Chief Credit Officer assess training needs of the lending team and develop annual training sessions to address skill and knowledge gaps identified.   

• Co-staff, with CEO, Lending Innovation and Policy Committee 

Qualifications: 

• Bachelor’s degree required, master’s degree in related field preferred. 

• Ten (10) + years of relevant experience, which can include commercial real estate lending, affordable multifamily lending/investing, and affordable housing development.

• Five (5) years of progressively responsible management experience. Experience working on cross-functional group across departments. 

• Strong knowledge and understanding of various public and private sources of financing available to developers of affordable housing. 

• Commitment to affordable housing for low-income communities 

• Experience with development and implementation of annual plan and budget 

• Ability to work in a fast-paced environment to establish department priorities and adapt to changing circumstances. 

• Strong written and verbal communication, including demonstrated skills with presenting in public, on panels, executive memos, and articles for industry publications. 

• Demonstrated commitment to diversity, equity, and inclusion policies and practices. 

• Ability to travel up to 40% of the time and work flexible hours as required. 

Housing Trust is an equal opportunity employer to all regardless of race, color, national origin, ancestry, sex, marital status, disability, religious or political affiliation, actual or perceived gender identity, age or sexual orientation. Housing Trust is committed to diversity, equity and inclusion and our goal is to have a workforce (at all job levels) that is representative of the communities we serve. 

Another Source works with their clients, on a retained project basis. We are committed to building inclusive candidate pools as we partner with hiring teams. Veterans, women, people of color, LGBTQIA+, and people with disabilities are encouraged to apply. As you read through the job posting and review the list of qualifications (required and/or preferred), please do not self-select out if you feel you do not meet every qualification. No one is 100% qualified. We encourage you to apply and share your story with us. 

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