The key goals of this fellowship are:
Research new sources of institutional funding for affordable housing (i.e. New Market Tax Credit, HOME, congressionally directed spending, and other city, state, and federal sources)
Identify all compliance requirements of existing and future funding sources and contribute to the development of compliance systems and procedures.
Manage assigned compliance activities effectively.
Position Summary: The Development Financing and Compliance Fellow is responsible for all pre- and post- award financial grant arrangement functions and workflow processes including budgeting, reporting, and compliance with all federal, state, and municipal government grants, and ensuring Habitat Chicago complies with all deliverables. This includes financial compliance, reporting, and monitoring of subrecipients. This role is expected to utilize a high level of organizational, communication, and critical thinking skills, in addition to independent judgment in making decisions within the realm of their responsibilities. This position will serve as the funding compliance liaison to the Leadership Team, administrators, and support staff in all areas of interpretation, performance, and fiscal responsibility, as well as liaison to the grantor/agency officer as warranted.
Key Responsibility: Funding Management (50%)
- Explore and advance affordable housing finance tools (e.g., tax credits, public funds, etc.), developer partnerships, and new public funding to drive growth.
- Provide leadership in executing post-award services until funding close-out while maintaining a thorough understanding of a wide variety of grants, agencies, and government guidance documents in compliance with federal, state, and municipal funding guidelines.
- Design and implement a comprehensive plan for funding awarded to Habitat Chicago, ensuring implementation of all proposed activities and that program outcomes are met.
- Analyze and maintain guidance documents for program staff managing each new grant award.
- Collaborate with and assist the Institutional Giving Manager, administrative staff, and other staff throughout the grant terms to ensure legal and ethical funding implementation as well as ongoing grant-related program, financial, and administrative functions.
- Coordinate with and assist program staff to ensure the hard copy, electronic, and/or online funding reporting is timely and of high quality.
- Assist in monitoring the timely expenditure of funds, addressing any discrepancies and concerns with grant Programs Director and Administrator.
- Maintain close communications with the Finance and Operations Director to support financial accounting, reporting, and audit functions related to awarded grants.
- Lead the organization in funding compliance review and site visits by external agencies.
Key Responsibility: Compliance, Reporting, and Systems (30%)
- The Development Financing and Compliance Fellow partners with various teams to support workstreams tied to developers, public funding, and land acquisition, ensuring all tracking and compliance reporting processes are in place and meet the needs of the organization and the various private and public partners.
- Lead design and development of regulatory tracking processes for all grants, redevelopment agreements. Ensure accurate and on-time compliance reporting.
- Produce data and reports for internal and external monitoring and reporting.
- Establish systems for organizing data and budget tracking.
- Evaluate and perform necessary budget tracking and procurement inquiries in database operating system.
- Document policies and procedures related to specific funding awards.
- Develop funding compliance handbooks.
- Assist Institutional Giving Manager with completing individual documents to meet funding compliance.
- Review funding record keeping to maintain compliance with federal CFR200 (Uniform Administrative Requirements, Cost Principles, And Audit Requirements For Federal Awards) requirements and individual grant record keeping compliance.
- Assist the Institutional Giving Manager with quarterly and annual reporting requirements.
- Identify areas for improvement and enhancement in funding management process and provide training.
Key Responsibility: Teamwork (10%)
- As a key Operations Team member, contribute to our organizational health through enthusiastic collaboration, leadership, and personal integrity.
- Maintains a "team first" outlook, supporting the success of the team and the mission in attitude, ideas, and actions; lead by example and with active, creative input for growing and improving the organization.
- Contributes enthusiastically to all organizational events, helping as necessary with set up/take down, management, networking, various tasks, etc.
QUALIFICATIONS
Required Knowledge, Skills & Abilities
- Experience working collaboratively with various groups including senior administrators, staff, faculty, government officials, and community stakeholders.
- Self-motivated and able to work independently.
- Excellent communication skills, including writing, grammar, and speaking.
- Superb organizational skills and attention to detail.
- Ability to organize and manage information from a variety of sources and formats.
- Ability to balance multiple tasks simultaneously and meet deadlines.
- Commitment to problem solving, continuous improvement, curiosity and professional development.
- Computer competence, including but not limited to Microsoft Office and database software (Salesforce or similar database CRM experience is a plus)
- Interest in and commitment to affordable homeownership
- Understanding and enthusiasm for Habitat for Humanity philosophy and willingness to advocate its mission.
- Preferred Knowledge, Skills & Abilities
- Knowledge of grant accounting practices.
- Knowledge of federal, state and municipal grant processes and related requirements.
- Experience with grant proposal submission, pre-award process and post-award administration experience.
- Education and Experience
- Bachelor's degree in Non-profit Management, Business Administration, Accounting, Project Management, or a similar degree
- Experience in federal grant management including procurement and subrecipient monitoring
To Apply: Please submit compelling cover letter and resume to with "Development Financing and Compliance Fellow - Your Name" in the subject line by 5/03/2024. Successful applicants will be contacted for interviews.
ONLY CANDIDATES WHO FOLLOW APPLICATION INSTRUCTIONS WILL BE CONSIDERED FOR THIS ROLE.
(#LI-aff)
,founded in 1976, is a global, Christian-based nonprofit organization that grew out of an intentionally multi-racial community in rural Georgia. Seeking to put God's love into action, Habitat brings together people of all faiths and people of no faith to build homes, communities and hope. Working alongside each other, we help families and individuals build and improve places to call home and achieve the strength, stability and self-reliance they need to build better lives for themselves. Habitatseeks individuals who have a willingness to affirm these principles and values.
At Habitat for Humanity International, we embrace a history rooted in creating equity and take our mission seriously by courageously committing to a culture and workplace where all staff feel safe, welcome, visible, respected, supported and valued. As an equal opportunity employer, we realize that our success depends upon building an inclusive workforce of diverse perspectives and encourage people of varied races (which is inclusive of traits historically associated with race, including, but not limited to, protective hairstyles and hair texture), ethnicities, national origins, tribes, religions, ages, gender identities and expressions, genders, sexual orientations, marital statuses, disabilities, veteran/reserve national guard statuses, socio-economic statuses, thinking and communication styles to work with us.
We also require that all staff take seriously their ethical responsibilities to safeguarding our intended beneficiaries, their communities (especially children), and all those with whom we work. In line with the prevention of sexual exploitation and abuse, all staff must pass a thorough background screening and will be held accountable to upholding our policies around ethical behavior, including safeguarding and whistleblowing.