Job Posting: Housing Finance Officer (Rental)

CA Housing Finance Agency

Housing Finance Officer (Rental)

$7,898.00 - $9,835.00 per Month

Final Filing Date: 12/1/2022

Job Description and Duties

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.

Join CalHFA and help us to advance and continue our mission of investing in diverse communities with financing programs that help more Californians to have a place to call home

Division Description

The Multifamily Programs Division is responsible for the financing and ongoing management of California Housing Finance Agency’s (CalHFA) Multifamily lending portfolio and subsidy programs. The division is comprised of two sections – Multifamily Lending and Asset Management. Multifamily Lending provides loans that facilitate the development, rehabilitation, and preservation of affordable housing projects by partnering with localities as well as for-profit and nonprofit developers. The Multifamily 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 (TCAC).

Position Summary

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.

This recruitment is for CalHFA internal employees only. 

Please complete the Job Survey below. 

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

Working Conditions

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

*Hybrid telework schedules may be available*.


Minimum Requirements

You will find the Minimum Requirements in the Class Specification.

Position Details

Job Code #:
Position #(s):
Working Title:
Housing Finance Officer (Rental)
$7,898.00 - $9,835.00
# of Positions:
Work Location:
Sacramento County
Job Type:
Permanent, Full Time

Department Information

California Housing Finance Agency
        Multifamily Division

All Californians living in homes they can afford.

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


For more than 40 years, the California Housing Finance Agency (CalHFA) has supported the needs of renters and homebuyers by providing financing and programs so more low to moderate income Californians have a place to call home. Established in 1975, CalHFA was chartered as the state's affordable housing lender. The Agency's Multifamily Division finances affordable rental housing through partnerships with jurisdictions, developers and more, while its Single Family Division provides first mortgage loans and down payment assistance to first-time homebuyers. CalHFA is a completely self-supporting state agency, and its bonds are repaid by revenues generated through mortgage loans, not taxpayer dollars.

Department Website:

Special Requirements


Application Instructions

Completed applications and all required documents must be received or postmarked by the Final Filing Date in order to be considered. Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application.

Final Filing Date: 12/1/2022

Who May Apply

Individuals who are currently in the classification, eligible for lateral transfer, eligible for reinstatement, have list eligibility, are in the process of obtaining list eligibility, or have SROA and/or Surplus eligibility (please attach your letter, if available). SROA and Surplus candidates are given priority; therefore, individuals with other eligibility may be considered in the event no SROA or Surplus candidates apply.

Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process.
Applicants must meet the Minimum Qualifications stated in the Classification Specification(s).

How To Apply

Complete Application Packages (including your Examination/Employment Application (STD 678) and applicable or required documents) must be submitted to apply for this Job Posting. Application Packages may be submitted electronically through your CalCareer Account at When submitting your application in hard copy, a completed copy of the Application Package listing must be included. If you choose to not apply electronically, a hard copy application package may be submitted through an alternative method listed below:

Address for Mailing Application Packages

You may submit your application and any applicable or required documents to:

CA Housing Finance Agency
Attn: CA Housing Finance Agency
500 Capitol Mall, Suite 1400
Sacramento, CA 95814

Address for Drop-Off Application Packages

You may drop off your application and any applicable or required documents at:

CA Housing Finance Agency
Joanna Wu
500 Capitol Mall, Suite 1400
Sacramento, CA 95814
08:00 AM - 05:00 PM

Required Application Package Documents

The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:

  • Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
  • Statement of Qualifications - Please see the Statement of Qualifications in the Custom Section below. All applicants must provide a Statement of Qualifications (SOQ) for the hiring manager's review. Failure to include the appropriate SOQ will disqualify an applicant from consideration. Please note that résumés, cover letter or a prewritten SOQ that does not answer the questions below will not be accepted in place of the required SOQ.
Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting.

Desirable Qualifications

In addition to evaluating each candidate's relative ability, as demonstrated by quality and breadth of experience, the following factors will provide the basis for competitively evaluating each candidate:


Please use the link below to view a summary of the health benefits provided with this position. 

Benefits Summary

Contact Information

The Human Resources Contact is available to answer questions regarding the position or application process.

Department Website:
Human Resources Contact:
Joanna Wu
(916) 326-8007

Please direct requests for Reasonable Accommodations to the interview scheduler at the time the interview is being scheduled. You may direct any additional questions regarding Reasonable Accommodations or Equal Employment Opportunity for this position(s) to the Department's EEO Office.

EEO Contact:
Jennifer LeBoeuf
(916) 326-8075
California Relay Service: 1-800-735-2929 (TTY), 1-800-735-2922 (Voice) TTY is a Telecommunications Device for the Deaf, and is reachable only from phones equipped with a TTY Device.

Statement of Qualifications Instructions


All applicants must provide a Statement of Qualifications (SOQ) for the hiring manager's review. Failure to include the appropriate SOQ will disqualify an applicant from consideration. Please carefully read and follow the instructions below.

The SOQ must:

  • Be in 12-point font
  • No longer than one (1) page
  • Provide a detailed answer to the question below 
  • Include the question with your response

Please respond to the question:

Please describe your experience with evaluating multifamily loan proposals and managing multifamily loan projects.


Equal Opportunity Employer

The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.

It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.