Assistant General Counsel (201 views)

Washington, DC
September 3, 2020 2020-11-02
Job Description

The Office of the General Counsel (OGC) supports the dynamic environment of the Agency and its mission by creatively solving legal problems, facilitating transactions, and providing advice and counsel to foster sound decision-making. In serving the Agency’s interests, the OGC pursues excellence in the quality of client service and maintains the highest standards of professional ethics and integrity.

The Assistant General Counsel is responsible for providing legal counsel and support services in a range of general and specialized areas that affect the policies and programs of the Agency. The legal aspects of the Agency’s operations and business decisions include; tax-exempt and taxable bond transactions, other types of multifamily and single family loans and neighborhood investments, contracts, and Freedom of Information Act (FOIA) requests.

ESSENTIAL DUTIES & RESPONSIBILITIES

  • Provide advice and support services to the, Executive Director/CEO and business units in connection with the Agency’s programs, activities and functions
  • Coordinate and manage outside counsel as directed by the General Counsel
  • Negotiate on behalf of the Agency on all agreements and opinions necessary to ensure that the interests of the Agency are protected
  • Provide advice and support to the Secretary to the Agency’s Board of Directors, including preparing Board agendas and resolutions and taking the minutes at Board meetings
  • Provide guidance in the structuring, negotiation and execution of Agency loan transactions
  • Review and supervise the production of transaction documents including the following: preliminary and final offering documents, indentures, resolutions, supplemental indentures, supplemental resolutions, regulatory agreements, loan agreements, financing agreements, financing and regulatory agreements, declaration of covenants, commitment letters, notes, subordinate loan documents, intercreditor agreements, deeds of trust or other mortgage instruments, financing statements, legal opinions and closing certificates.
  • Review, comment and advise the Executive Director/CEO and Agency business units on amendments to the Agency’s statutes, regulations and procedural manuals and all other local and federal proposed and final laws, rules and regulations related to the Agency and its operations
  • Advise the Executive Director/CEO and the Agency’s divisions on the development and creation of new products and programs
  • Assist in obtaining required local and federal government approvals
  • Draft legislation related to the Agency’s authority and powers
  • Review requests for proposals (RFPs) and advertisements to ensure compliance with internal procurement guidelines and local law
  • Review incoming multifamily applications on behalf of the Office of General Counsel
  • Prepare notices to the Council of the District of Columbia of Board’s approval of all Eligibility Resolutions
  • Conduct TEFRA Hearings for all bond transactions; Multifamily and Single Family
  • Notify Mayor and the City Council of the Agency’s intent to adopt Final Bond Resolutions for all bond transactions
  • Draft and edit handbooks, guidelines, manuals and conduct training as necessary to help guide compliance with bond documents, federal laws and regulations, and Agency policies and procedures
  • Review and prepare responses to Freedom of Information Act (FOIA) requests
  • Conduct legal research and draft legal memorandums as needed
  • Negotiate, review and draft loan and equity investment documentation in support of the Agency’s multifamily special loan programs and the Housing Investment Platform (HIP)
  • Advise and support the Agency’s Single Family and Multifamily risk management, asset management and compliance functions
  • Performs other duties as assigned

KNOWLEDGE AND QUALIFICATIONS:

  • Possess a Juris Doctor Degree
  • Be an active member in good standing of the bar of any jurisdiction
  • If not a member of District of Columbia bar, you must be sworn into the DC Bar within 24months days of your initial hire
  • Possess 2-4 years of direct experience in contract law, corporate law, business entity law, and real estate law
  • Knowledge of real estate finance, community development, and local and federal housing programs, including Low Income Housing Tax Credits (LIHTC)
  • Understanding of construction, and the ability to interpret federal and local statutes, codes and regulations
  • Possess strong skills in legal research and writing
  • Possess excellent communication skills; both verbal and written with the ability to make presentations and negotiate effectively
  • Have the ability to successfully and autonomously mange projects of a varied and complex nature

OTHER CHARACTERISTICS:

  • Ability to work proactively and operate accurately and efficiently in a fast-paced environment with variable deadlines
  • Ability to work independently as well as part of a team
  • Maintain high ethical standards of integrity and quality

Apply Here

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