HOUSING FINANCE CORPORATION - HOUSING FINANCE CORPORATION DIRECTOR

Minimum Qualifications

Acceptable Experience and Education

Bachelor’s Degree from an accredited university or college in Public Administration, Finance, Business Administration, Urban Planning, Real Estate, Law, or related field and Minimum of seven (7) years of progressively responsible experience in affordable housing, housing finance, economic development, public administration, or related field, and Minimum of three (3) years of senior leadership or executive management experience.

Or any equivalent combination of experience and training which provides the required knowledge, skills, and abilities.

Certificates, Licenses, and other Requirements:

Knowledge of Texas local government operations and public sector governance.

Experience presenting to boards, elected officials, and community stakeholders.

Have or obtain by date of hire a valid driver's license applicable to job responsibilities, with a driving record acceptable to the County of El Paso.

In order to access into the County’s network and systems, a personal smart device is required by the hire start date.

Typical Duties

Strategic Leadership and Administration:

Directs, plans, organizes, and evaluates the overall operations and activities of the Housing Finance Corporation to effectively implement Board-established goals, policies, and strategic priorities;

Directs and oversees assigned personnel; establishes work priorities, assigns and evaluates work; provides leadership, training and professional development; and makes recommendations regarding hiring, discipline, performance, and other personnel actions;

Evaluates the effectiveness of housing programs, development initiatives, and Corporation operations and recommends new or modified strategies to improve performance and achieve established objectives;

Develops and executes short- and long-range housing, development, and community investment strategies consistent with the HFC's mission and Board-established priorities;

Provides executive-level technical and policy advice to the Board regarding affordable housing, development and financing opportunities, regulatory requirements, emerging trends, and recommended courses of action;

Serve as the primary liaison between the HFC, local governments, developers, investors, community organizations, and regulatory agencies;

Housing Development and Finance:

Identifies, evaluates, negotiates, and manages affordable and workforce housing development opportunities, agreements, partnerships, and related transactions consistent with Board-established objectives;

Oversees housing finance and development programs and initiatives, including multifamily housing developments, tax-exempt bond financing, public facility corporations (PFC), Opportunity Zone initiatives, loan and grant programs, and public-private partnerships;

Coordinates due diligence, financial feasibility analyses, and transaction structuring for proposed developments in collaboration with developers, underwriters, financial advisors, and other stakeholders;

Maintain and enhance the HFC’s commitment to customer service excellence;

Monitor compliance with affordability requirements and public benefit obligations;

Financial Management:

Prepare and administer the HFC operating and capital budgets;

Oversees financial planning, reporting, audits, investments, and fiscal controls and ensures compliance with applicable accounting standards, debt covenants, and financial reporting requirements;

Develops, reviews, and presents financial, operational, programmatic, and performance reports to evaluate HFC activities and support Board decision-making;

Identify and pursue funding opportunities, grants, and strategic investments;

Board and Governance Support:

Prepares Board meeting agendas, reports, presentations, recommendations, and other materials necessary to support informed Board decision-making;

Ensures HFC governance and operations comply with the Texas Open Meetings Act, Texas Public Information Act, applicable procurement and ethics requirements, and Board-established policies;

Supports effective governance practices, Board development, transparency, and accountability in HFC operations;

Community and Stakeholder Engagement:

Represent the HFC at public meetings, conferences, and community events;

Build collaborative relationships with: Local governments, Housing developers, Financial institutions, Nonprofit organizations, State and federal housing agencies;

Promote community awareness of housing initiatives and programs;

Compliance and Risk Management:

Ensures HFC programs, transactions, and operations comply with Chapter 394 of the Texas Local Government Code, applicable IRS requirements for tax-exempt financing, HUD and TDHCA requirements, contractual obligations, and other applicable federal, state, and local regulations;

Coordinates with legal counsel regarding contracts, agreements, transactions, regulatory requirements, and other legal matters affecting HFC operations;

Identifies, evaluates, and monitors operational, financial, regulatory, and transactional risks and recommends appropriate mitigation strategies;

Job Summary

Summary of Position

The Housing Finance Corporation Director serves as the chief executive officer of the Housing Finance Corporation (HFC) and, under the direction of the HFC Board of Directors, provides strategic leadership and oversight of the Corporation's administration, operations, financial management, housing development, and investment activities in accordance with Chapter 394 of the Texas Local Government Code and applicable federal, state, and local requirements.

The Director works collaboratively with the HFC Board, County leadership, developers, financial institutions, community organizations, and other stakeholders to advance affordable and workforce housing opportunities, public-private partnerships, and related community development initiatives.

Additional Information

Other Important Duties *

Substitutes, if assigned, during temporary absences by performing delegated duties sufficient to maintain continuity of normal operations;

Commits self to providing excellent customer service and demonstrate commitment through cooperative team and individual efforts; and

Creates a high-quality work culture through participation in and emphasis on training and mentoring to develop leadership, management, and technical skills in self and all employees, including safety related training and skills.

Performs such other related duties as may be assigned;

May require travel throughout El Paso County; and

As members of the County of El Paso Emergency Response System, all El Paso County employees are designated as Disaster Service Workers during a proclaimed emergency and may be required to train on emergency response and/or perform certain emergency services at the direction of their supervisor.

Organizational Relationships

Reports to: Housing Finance Board

Directs: Personnel as assigned

Other: Has routine contact with Commissioners Court, Chief Administrator, County Auditors, County Elected Officials, Department Heads and/or staff, Federal, State, and Local governmental agencies, County Emergency Services Districts, and other county employees.

El Paso County offers a very comprehensive benefit package (s ome benefits may not apply to part time or temporary employees) consisting of the following:

HOLIDAYS

16 holidays per year as recognized.

VACATION

Accruals are credited on a biweekly basis and available for use as it is accrued after 6 months of continuous service. Year to year carry-over accruals are limited to twice the employee's annual rate. Part-time employees accrue vacation at half the rate of full-time employees.

10 days (1 through less than 5 years of service)

15 days (5 through less than 15 years of service)

20 days (15 years of service or over)

SICK LEAVE

Accruals are credited on a biweekly basis and available for use as it is accrued after 3 months of full time service. Employees accrue 15 days of sick leave per year.

MISCELLANEOUS PAID LEAVES

Military Leave – 15 days of paid leave per fiscal year for active military service

Bereavement Leave – 3 days of paid leave for the death of an immediate family members and 4 hours for other family members and friends.

MEDICAL HEALTH BENEFITS

Plan Costs – Biweekly Rates

Effective January 1, 2026 to December 31, 2026

Medical

Consumer Driven Health Plan (CDHP)

No Discounts

EE Only $5.34

EE & Spouse $145.30

EE & Children $101.93

EE & Family $200.09

6% Wellness Discount

EE Only - $5.02

EE & Spouse - $136.58

EE & Children - $95.81

EE & Family - $188.09

Core Plan

No Discounts

EE Only - $35.70

EE & Spouse - $226.41

EE & Children - $174.96

EE & Family - $322.25

6% Wellness Discount

EE Only - $33.56

EE & Spouse - $212.83

EE & Children - $164.46

EE & Family - $302.92

RETIREMENT

Retirement benefits are provided by the Texas County and District Retirement Fund (TCDRS). Regular employees become a member of TCDRS upon hire. All regular employees are required to contribute 7% to the retirement fund and the County matches 250% upon eligible retirements.

DEFERRED COMPENSATION

Employees may defer earnings, on a pre-tax basis, into a 457 deferred compensation program. This is an optional program.

LIFE INSURANCE

Full-time County employees are provided a basic life insurance benefit of $10,000 life insurance at no cost. Supplemental coverage is available for additional fees.

LONG-TERM DISABILITY

The Long-Term disability program provides 60% of the employees' income when the employee becomes disabled because of an illness, injury or accident for a period above 90 days.

SHORT-TERM DISABILITY

The Short-Term disability program provides 60% of the employees' income when the employee becomes disabled because of an illness, injury or accident for a period shorter than 90 days.

RETIREE HEALTH INSURANCE

Employees who retire from the County are eligible to continue Health Insurance at the rate set by the El Paso County Risk Pool Board.

EMPLOYEE ASSISTANCE PROGRAM

Employees are enrolled in an Employee Assistance Program that provides a variety of counseling services.

SECTION 125 MEDICAL & DEPENDENT CARE PROGRAM

The section 125 program is optional for employees and provides a method to pay medical and dependent care expenses on a pre-tax basis.

HEALTHY LIFESTYLE REIMBURSEMENT

Reimbursement of $15 per month for 6 months of continuous gym usage.

EDUCATIONAL ASSISTANCE PROGRAM (EdAP)

Reimbursement up to $2000 per calendar year for eligible education expenses.

EMPLOYEE FITNESS AND WELLNESS CENTER

The Employee Fitness and Wellness Center opened in October 2021 at the County Courthouse. The cost is $5 per employee per month.