ABOUT THE OPPORTUNITY
The Capital Markets Co-op will play a vital role in supporting HPN's capital raising initiatives, working directly with the Executive Vice President of Capital Markets and Vice President of Capital Solutions. This position offers an exceptional opportunity to gain hands-on experience in impact investing, affordable housing finance, and social enterprise development.
The Spring Co-Op Program will run from January 6, 2025 to June 27, 2025.
PRIMARY RESPONSIBILITIES
Support the Capital Markets team in developing a pipeline of potential investors to support a variety of capital solutions initiatives.
- Scan investors environment and research new investor relationships, including impact investors, institutional investors, banks, corporations, and foundations.
- Assist in maintaining and updating the investor pipeline tracking system using Salesforce.
Support the Capital Markets team around capital raise campaigns for HPN’s CDFI loan fund, capital for green investment (EPA Green House Gas Reduction Fund and private sector capital), and capital for homeownership-focused and place-based initiatives.
- Help prepare investor presentations, pitch decks, and other marketing materials.
- Support the due diligence process by gathering and organizing required documentation.
- Help coordinate and prepare materials for investor meetings and follow-up communications.
- Support the documentation and tracking of capital raise activities and outcomes.
Assist in the development and launch of new capital vehicles that support the creation and preservation of affordable housing, including:
- Supporting research on fund structures and market comparables.
- Project manage to timelines outlined in HPN’s operational plan.
- Helping create financial models for new investment vehicles.
- Helping prepare memos for internal and external stakeholder approval/buy-in.
- Assisting with documentation for fund formation and regulatory compliance.
- Supporting the development of fund marketing materials and investor presentations.
QUALIFICATIONS
- Strong interest in impact finance and affordable housing.
- Strong academic performance in business, finance, economics, or related fields.
- Excellent analytical and quantitative skills.
- Familiarity with Microsoft Excel and PowerPoint.
- Strong attention to detail and organizational skills.
- Effective written and verbal communication skills.
OTHER
- This is a temporary, full-time position, working 37.5 hours per week.
- HPN is a remote-first company. “Remote-first” is an organizational strategy that makes working remotely the primary option for most staff. All new staff will be required to be in the Boston area multiple days during weeks designated as All-Staff weeks. There may be additional times when teams are required to travel by their leader, based on scheduled events, team meetings and business needs.
- HPN is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
TO APPLY
Please submit a resume and cover letter explaining your area(s) of interest and why you’re a good fit for the role.
COMPENSATION
ABOUT THE HOUSING PARTNERSHIP NETWORK
Housing Partnership Network (HPN) is an award-winning membership network of 100 of the nation’s leading affordable housing and community development nonprofits. Through practitioner-driven peer exchange, policy and innovation, the Housing Partnership Network’s mission is to leverage the individual strengths and mobilize the collective power of our member organizations. Our vision is that all people live in vibrant and inclusive communities where access to affordable homes creates opportunity and economic mobility.
Since our founding in 1992, HPN has collectively served over 12.8 million people; developed, rehabilitated, or preserved about 470,000 affordable homes; and launched 14 successful social enterprises. Our work has been recognized with honors including the MacArthur Award for Creative & Effective Institutions and Wells Fargo NEXT Award for Opportunity Finance for its ongoing leadership and innovation in affordable housing and community development. HPN represents a new breed of entrepreneurial nonprofit that combines a mission focus with business acumen to achieve ambitious social outcomes. The hallmark of HPN’s member‐driven approach is:
- Peer Exchange among the senior leaders of HPN member organizations who share knowledge and ideas to advance best practices in the field.
- Policy and Advocacy to strengthen the impact, scale, and sustainability of the sector.
- Innovation R&D is borne from ideas surfaced through peer exchange which HPN staff explore and test.
- Social Enterprises that HPN and members develop together are launched to address current affordable housing and community development challenges and advance innovative solutions.
Learn more at www.housingpartnership.net.
OUR COMMITMENT TO DIVERSITY AND EQUITY
HPN is committed to creating a diverse and equitable environment and is proud to be an equal opportunity employer. HPN recruits, employs, trains, compensates, and promotes regardless of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status and other protected status. We believe that the more inclusive we are, the better our work will be. We aspire to build a diverse team, one that better reflects the people and communities we serve. Applicants who contribute to this diversity are strongly encouraged to apply.
WE VALUE
Collaboration - We are a true network. We believe in the power and benefits of broad engagement, empowerment and collaboration.
Connection - We actively build relationships that connect people, ideas, and organizations to forge new paths for improving communities.
Racial Equity - We are committed to diversity, equity and inclusion at HPN, and helping members advance initiatives that dismantle long-standing systemic racial biases and discrimination to achieve economic and social justice.
Inclusion - We recognize our power comes from the collective and cooperative nature of our work, based on an environment that is inclusive of diverse experiences, backgrounds and perspectives.
Respect - We are open, honest, and respectful in all of our interactions which strengthens our relationships, our mission, our work with colleagues and members, and ultimately the lives of the people we all serve.
Transformation - We work with our members to transform our industry by creating systemic solutions to help people who live in our communities to thrive.
