Financial Planning Analyst – Excld

Job Announcement

FINANCIAL PLANNING ANALYST — EXCLDD DEPARTMENT OF HOUSING

Number of Positions: 3 (additional vacancies possible pending budget approval). Starting Salary: $89,112.00. New hires are paid the starting rate; current employees’ pay rate is determined by their job title and years of service. Applications for this position will be accepted until 11:59pm CST on 01/09/2026.

Under direction, performs financial planning, underwriting, and financial analysis of requests for Low Income Housing Tax Credits, Community Development Block Grant (CDBG), HOME Investment Partnerships Program, and other sources of funding assistance for affordable housing developments.

• Forms and manages relationships with development team, lending partners, public officials, Department of Planning and Development (DPD), City, and management staff, delegate agencies, community organizations, and other related parties, to successfully implement development programs and projects.
• Processes applications for new construction, rehab projects, and preservation of existing projects, and collects information to evaluate the feasibility of a development proposal; conducts a simple analysis of applications of loans, subsidies, and land sale in conformance with departmental, local, state, and federal program requirements, policies, and procedures.
• Processes applications for complex financial structures and conducts financial analysis of subsidy requests, such as HOME or CDBG loans, low-income housing tax credits, Illinois affordable housing and historic tax credits, tax‑exempt bonds, and Tax Increment Financing (TIF). Coordinates underwriting with all parties in conformance to applicable regulations and policies per DPD standards.
• Prepares detailed written reports to summarize key elements of each development and demonstrates the result of the financial analysis as a means of justifying and funding recommendation; presents recommendations to TIF Task Force, internal, and external loan committees, Community Development Commission (CDC), and other panels as applicable.
• Coordinates with City staff, developers, and other parties as needed to implement plans for land and building acquisition and disposition, site improvements, demolition, rights‑of‑way changes, environmental clearance, and other activities necessary for development projects.
• Monitors and reports on the operational and financial performance of the portfolio relative to development pro‑formas and benchmarks. Prepares operational and financial performance analyses, conducts research, and prepares narrative reports and proposals.
• Assesses the properties long‑term financial suitability based on the review and analysis of audited financial statements and operational performance. Develops and implements turnaround plans as needed.
• Contributes to property watch list process for troubled assets, and oversees necessary property modifications through to resolution.
• Prepares PowerPoint and Word reports and presents proposals to Project Round Table, Design Review, and Executive Project Review meetings.
• Completes all pertinent documents and data checks and notifies all involved parties in accordance with departmental procedures by established deadlines.
• Presents projects in public forums professionally and knowledgeably.

Minimum Qualifications

• Graduation from an accredited college or university with a Bachelor’s degree in Finance, Business Administration, Accounting, Real Estate, Urban Planning, or a directly related field, plus three (3) years of experience in financial analysis.
• Graduation from an accredited college or university with a Master’s degree in Finance, Business Administration, Accounting, Real Estate, Urban Planning, or a directly related field, plus two (2) years of experience in financial analysis.

This position requires applicants to complete an interview. The interviewed candidate(s) possessing the qualifications best suited to fulfill the responsibilities of the position, will be selected. Preference will be given to candidates possessing the following:

• Master’s degree in Finance, Urban Planning, Public Administration, or…