Primary Purpose of Position: Counsel provides legal services to MaineHousing to assist Maine people in obtaining and maintaining quality affordable housing and services suitable to their housing needs.
Core Functions:
Transactional Work
o Assist developers, investors, loan officers and other partners in closing complex transactions for affordable multifamily and supportive housing projects.
o Prepare and negotiate closing documents, including, but not limited to, loan agreements, promissory notes, mortgages, security agreements, declarations of covenants and tax credit documents.
o Review and negotiate other forms of security, including, but not limited to, purchase and sale agreements, construction and bonding agreements, conveyance documents, title insurance materials, surveys, and organizational documents.
o Conduct closings and oversee post-closing issues.
o Assist with ownership transfers, workouts, loan restructuring and refinancing.
General Legal Work
o As legal issues arise, review correspondence and documents; research state and federal regulations; and consult with state and federal agencies.
o Advise Director and staff on legal issues such as regulatory compliance, contract law, commercial law, litigation, and real estate law.
o Draft and negotiate contracts and other documents.
o Represent MaineHousing in agency administrative hearings, Maine Human Rights Commission hearings and litigation on occasion as necessary.
Other duties as assigned
Job details are sourced from the employer's original posting.
Open job postingAbout the company
MaineHousing is a state agency that provides resources and programs to help Maine residents achieve homeownership and maintain safe, affordable housing.