Job Information
Enterprise Community Partners Associate General Counsel in New York, New York
Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $72 billion and created 1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands - all to make home and community places of pride, power and belonging.
Join us at enterprisecommunity.org
Working at Enterprise
At Enterprise, you'll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. You'll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where you're valued and supported in your growth journey.
Enterprise offers career opportunities in our offices across the country with anexceptional benefits package.
Job Description Summary
Enterprise co-founded Power Forward Communities (PFC), a landmark coalition with some of the country's most trusted community development, climate, and housing organizations. It is purpose-built to decarbonize America's homes and drive a market transformation that cuts costs, benefits renters and homeowners, and focuses on low-income communities nationwide. The EPA hasawarded thecoalitiona $2 billion National Clean Investment Fund (NCIF) grant. Together with our coalition partners Enterprise will use this award to deploy a powerful combination of financing, market building, and community engagement to create healthier, safer, and more affordable homes. The legal department supports all of Enterprise; however, this position will be primarily focused on supporting Enterprise Green Accelerator, Inc., (Green Accelerator) a newly formed entity, which will administer Enterprise's National Clean Investment Fund grant from Power Forward Communities, Inc. ("PFC") as a subaward of federal funds granted to PFC from the U.S. Environmental Protection Agency. More specifically, the Associate General Counsel will support the following areas of Green Accelerator's business: Lending - Green Accelerator will provide innovative capital to net affordable housing projects that reduce or eliminate greenhouse gases. Deployment of Funds - Green Accelerator provides financing to qualifying affordable housing projects throughout the country. Asset Management - Green Accelerator asset manages the portfolio of projects in which the funds invest. Grant Compliance - Green Accelerator is required to comply with the terms its sub-recipient agreement with Power Forward Communities. Corporate Governance - Green Accelerator is a separate corporation with a board of directors responsible for oversight of Green Accelerator's governance. Contracting - Green Accelerator will have to contract with vendors consistent with its obligations as a sub-recipient of federal funds from PFC.Job Description
Responsibilities:
The Associate General Counsel will work with our business partners and legal team in connection with the following:
- Develop and maintain template loan documents (with support from outside counsel as needed) for Green Accelerator transactions;
- Draft and negotiate loan documents and complete settlement of loans for Green Accelerator and advise client on regulatory requirements of sub-recipient agreement, including advising on compliance requirements of Green Accelerator's borrowers;
- Provide legal support for the asset management of the Green Accelerator portfolio of loans, which includes solving disputes with borrowers, preparing and reviewing amendments to loan documents, and providing counsel on workouts and foreclosures;
- Counsel business on compliance with terms of the sub-recipient agreement and the related Code of Federal Regulations;
- Negotiate and review contracts related to Green Accelerator's work;
- Perform other duties, as assigned, including for Enterprise Community Partners and the other divisions;
- Conduct legal research on various issues, as needed;
- Coordinate with outside counsel, as needed; and
- Occasional travel.
Qualifications:
- Undergraduate degree and J.D. or LL.M.; a minimum of five years of lending or real estate transactional experience in-house or with a law firm;
- Experience in drafting and negotiating loan documents;
- Experience representing lenders in real estate transactions preferred;
- Experience in government contracts preferred;
- Experience with exempt organizations, affordable housing and/or green lending a plus;
- Excellent written and verbal communication skills;
- Ability to develop positive working relationships with co-workers and clients;
- Strong critical thinking and analytical skills, including ability to define problems and strategize solutions while considering legal issues and risks;
- Ability to learn, adapt and pivot quickly; and
- Ability to work with multiple clients and establish priorities and desire to work in a team environment.
PLEASE NOTE: We are not able to provide sponsorship or relocation for this position.
Total Rewards at Enterprise:
You will be working with a group of talented professionals who are motivated by serving the community and addressing the need for affordable housing.Enterprise offers a comprehensive total rewards package for you and your family.
The base salary for this role is $170,000 to $200,000, depending on level of skills and experience.
The salary range for this position is represented by the low and high end of the range for the amount to be paid for the position. Salaries paid at Enterprise will vary based on factors that may include skills, education, location, experience, and performance. The salary range is just a part of the total rewards package provided to employees at Enterprise, and other rewards may include annual performance bonuses and generous paid leave programs.
At Enterprise, our benefits form a major component of our total rewards package. Benefits include dental, health, and vision care plans, as well as family-building benefits, such as fertility, adoption, surrogacy support, and gender-affirming care. Enterprise allows flexible work arrangements to promote a better work-life balance. We offer health advocacy, EAP, and mental health benefits. We round out our total rewards package by offering financial education, wellness programs, and auto-enrollment in the company's 401(k) plan with employer matching contributions. Finally, you will have learning and development opportunities, including tuition reimbursement for job-related courses and certifications. Thank you for your interest in joining the Enterprise team in our effort and commitment to serve others.
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Minimum Salary: 170000.00 Maximum Salary: 200000.00 Salary Unit: Yearly