Community Loan Fund Director

    CASA of Oregon
    March 2, 2023


    Community Loan Fund Director - CASA of Oregon
    This position is classified as Exempt, Full-Time, and reports to the Deputy Director.

    This position is a Grade 13 with a starting Salary of $95,000 - $109,500.


    CASA of Oregon (CASA) began its work more than 30 years ago by supporting local organizations that provide housing for farmworkers and other populations who have been marginalized in primarily rural areas throughout the state. Today, we enhance economic and housing security for Oregonians in need by working in four key areas:

    Manufactured Housing Cooperative Development Center (MHCDC) – We develop and support manufactured-home community resident-cooperatives through organizing, training, and technical assistance. We also support the negotiation and oversight of the purchase and financing.
    Real Estate Development (RED) – We partner with local community organizations and nonprofit housing sponsors to increase the stock of—and improve existing—affordable rental housing and community facilities. We serve as a developer, consultant, and technical assistance provider.
    Family Economic Opportunity (FEO) – We partner with local agencies to administer Individual Development Accounts (IDAs), which enable individuals and households with limited financial resources to save and build assets at an accelerated pace through a match savings program.
    Community Loan Fund (CLF) – We provide financing to support the development and preservation of affordable housing and community facilities. Loans provided include predevelopment, construction, bridge and secondary permanent financing.


    As advocates, consultants, organizers, and agents for change, at CASA, we believe that racial equity, diversity and inclusion should manifest at all levels of our programs. Through collaboration, we aim to build hope, homes, and financial health to both heal and strengthen our communities throughout the state of Oregon.

    We continually examine our role in perpetuating and combating systems of oppression because we recognize that the communities we serve face many societal inequities. We acknowledge the history and ongoing impacts of racism and inequality in our country, state and institutions, and work to be part of the solution.

    We celebrate the identities of all involved with CASA, past and present, and respect the race, ethnicity, ancestry, color, size, (dis)ability, national origin, age, sexual orientation, gender, gender identity, socioeconomic status, geographic location, citizenship status, criminal background, religious background, marital status, military status, strengths and differences of all people.

    We acknowledge that we always have room to grow in our understanding of racism and oppression, and we commit ourselves to aligning our policies and practices to advance racial equity, inclusion and freedom of expression.


    As a certified Community Development Financial Institution (CDFI), CASA operates a loan fund of approximately $20 million and generates a limited number of large real estate loans each year. The Community Loan Fund Director is responsible for overseeing program needs and requirements, including operations and activities related to management of lending capital, management of loan portfolio, lending production, product development, risk-assessment, underwriting, processing and monitoring performance of loans. Responsibilities also include creating and managing relationships with funders, investors, partners, legislators, borrowers and others pertinent to the lending and affordable housing industries. The role requires a dutiful respect for compliance; a cooperative and collaborative work style; strong analytical, problem-solving and presentation skills; and the ability to lead, supervise, and support staff.


    Secures and maintains adequate capital for loan fund through grant writing, investment solicitation and application preparation/submission
    Identifies programmatic and product opportunities and develops loan products and services that promote organizational objectives and meets the needs of the clients and communities we serve
    Establishes and monitors loan portfolio performance metrics to support quality control, efficient processing, and customer satisfaction
    Develops, recommends, implements, and manages systems, controls, policies and procedures appropriate for products offered to improve and maintain risk identification and mitigation
    Manages composition of loan fund portfolio to ensure proper balance of capital structure and fund allocation and communicates concerns to executive leadership and/or loan committee
    Sets guidelines and policy relating to the accurate and timely servicing of the organization’s loan portfolio - including the production of loan documentation, proper funding and closing processes, and coordination with finance department to ensure proper onboarding of loan into software systems
    Underwrites/structures loan requests and produces written recommendation and presentation to loan committee, and Board of Directors when necessary, for approval process
    Monitors outstanding loan portfolio for performance as it relates to ongoing servicing of active loans and borrower compliance
    Collects and maintains key performance data for grant and investment reporting, as well as organizational impact reporting
    Provides oversight, approval, and management of predevelopment and construction loan disbursements
    Prepares annual department plan and budget for review by executive leadership
    Manages and develops department staff, providing appropriate training and direction of work activities and regular performance evaluations
    Works with and responds to national and local funders on funding program requirements
    Engages in advocacy for affordable financing as a tool to create opportunities for low-income populations
    Prepares annual program plan and department budget utilizing existing loan pool, capital funding projections, outstanding commitments, project proposals, and general needs of the department for consideration
    Coordinates with the finance department to reconcile and accurately report on program and loan activities
    Other duties as assigned


    Education/ Experience: Bachelor’s Degree in related filed and 3-4 years of real estate lending/finance experience, which includes duties that demonstrate well-developed analytical and problem solving skills and strong relationship management experience. Experience working in a nonprofit and in multifamily affordable housing is preferred.

    NOTE: A combination of education/training/work experience demonstrating general qualifications for the position may be accepted in lieu of degree requirement.:


    Valid driver’s license and reliable transportation
    Passion for working to improve economic and housing opportunities for people with low incomes
    Experience working with communities and individuals from diverse backgrounds, and strong commitment to social and economic justice
    Excellent written and oral communication skills
    Adept at creating and delivering presentations to various audiences
    Proficiency with Microsoft Office applications, including Word, Excel and PowerPoint
    Detail-oriented and able to manage multiple priorities efficiently
    Thrives in both independent and team settings
    Strong financial analysis skills
    Flexible in work schedule which, on occasion, many include evenings or weekends
    Comfortable both leading and accepting direction
    Adaptable and creative with an ability to think outside the box


    Work is in an indoor, office setting. May occasionally require meeting at or visiting project sites in various settings throughout the state. (During COVID 19, work shall be from home until it is safe to return to normal office work).
    This position requires occasional travel both in state and to trainings and/or conferences out of state, which may include day and evening work. (During COVID 19, this travel will be extremely limited, if at all, until it is safe for normal travel to occur).
    CASA’s work culture is inclusive, equitable, and collaborative. CASA makes transparent and shared decisions, and cultivates staff through professional development.
    CASA encourages and supports staff involvement in both internal and external committee work during regular work time. Internal committees include: Equity Committee, Health, Safety & Wellness Committee, and Fun Committee.


    Paid Medical, Dental, Vision, Life/AD&D and Disability Insurance
    Opportunities for Telecommuting
    Flexible Work Schedule
    Employer Contribution to 401(k) – no match required
    Flexible Spending Account (FSA) or Health Savings Account (HSA)
    Paid Emergency/Family Medical Leave
    Health & Wellness Stipend
    Communications (cell phone) Stipend
    Paid Holidays (10), Paid Personal Days (2 annually - beginning at 1 year of service), Paid “Celebration Days” (2 annually - available immediately upon hire)
    Paid Vacation & Sick Time
    Language Pay Differential for language (other than English) used as part of duties
    One-time stipend for remote office set-up
    Paid Professional Development & Training
    Paid Costco membership
    Paid Sabbatical after ten years of service and every five years thereafter
    Reduced work hours during “Summer Schedule”
    Reduced fee for (Sherwood) YMCA membership
    Reimbursement of eligible business expenses


    The following capabilities are required in order to perform the essential functions of this position. Reasonable accommodations that do not create an undue burden on the company are available to address the following requirements:
    Ability to: stand, walk, reach with arms and hands, climb or balance, and to stoop, kneel, crouch or crawl;
    Lift, carry, and place items of up to 25 pounds;
    Maintain sustained concentration on computer screens;
    Use keyboards and a variety of computer peripherals;
    Must be able to drive both day and night
    CASA is an equal opportunity employer. All applicants will be considered for employment regardless of race, color, religion, sex, sexual orientation, gender identity, national origin and veteran or (dis)ability status. CASA of Oregon also complies with federal and state (dis)ability laws and makes reasonable accommodations for applicants and employees with (dis)abilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Teri Smith at (503)-687-3316 or

    To Apply:

    Go to:

    Samantha Fields is the operations manager for Shelterforce.