Reinvestment Fund is a catalyst for change in low-income communities. We integrate data, policy and strategic investments to improve the quality of life in low-income neighborhoods. Using analytical and financial tools, we bring high-quality grocery stores, affordable housing, schools and health centers to the communities that need better access—creating anchors that attract investment over the long term and help families lead healthier, more productive lives.
About the Position:
Reinvestment Fund is currently seeking a Program Associate to join its programs team based in its Philadelphia, PA office to support the roll-out and implementation of a number of national and local program initiatives. As a nationally recognized innovator in the financing of neighborhood revitalization and equitable food systems, Reinvestment Fund attracts enormous talent. Reinvestment Fund offers its staff an unrivaled platform to combine business acumen and financial skills with social mission.
In addition to our core lending activities, Reinvestment Fund also manages several initiatives with the support of local or national foundations, and state, local and federal public agencies and governments. A growing series of programs work nationally and locally to strengthen food systems to improve access to healthy food and economic opportunity in the food sector for underserved communities. Chief among them are:
- America’s Healthy Food Financing Initiative (HFFI) – Created by the 2014 Farm Bill, America’s Healthy Food Financing Initiative is a public-private partnership administered by Reinvestment Fund on behalf of USDA Rural Development to improve access to healthy food in underserved areas. HFFI provides resources to eligible fresh, healthy food retailers and enterprises to overcome the higher costs and initial barriers to entry in underserved areas. Reinvestment Fund manages grant and technical assistance programs currently under HFFI, and will develop additional programs and technical assistance services with additional future funding.
- Philadelphia Food Justice Initiative – Beginning in 2019, this new program is a partnership with the Philadelphia Department of Public Health to support community-driven projects advancing food justice and insuring communities can exercise their right to grow, sell and eat healthy food.
- Food Systems Financing – Reinvestment Fund’s financing activities in food systems support projects ranging from production and retail to food banks and child nutrition. Reinvestment Fund provides financing for predevelopment, construction, and permanent loans. Financing can be used to build or expand facilities, increase healthy food options, bridge capital gaps and purchase new equipment.
This is a grant-funded position categorized as regular full time.
Reporting directly to the Program Director for the Healthy Food Financing Initiative, the Program Associate will support successful implementation of the above programs, as well as others in food access, child nutrition, health and education and other as needed across the organization. The Program Associate will work with other Reinvestment Fund staff in order to support additional program initiatives or the work of the lending and investment team. The Program Associate will be expected to work independently and collaboratively with program staff, participants, consultants, vendors, and other constituents.
This is an excellent opportunity for a self-motivated individual with both a team approach and systems-oriented thinking skills to help grow, further develop, and implement innovative programs.
- Assist Program Director in long- and short-term program planning, design, and implementation, ensuring achievement of milestones and overall program goals within budget and approved timeline.
- Support development and dissemination of program communications including drafting and editing web content, newsletters, and marketing materials. Creating and implementing outreach plans,
- Analyze and evaluate program outcomes, data, and results and support communication of lessons learned to a broad audience.
- Perform research, coordination, and analytical tasks to assist credit analysis and credit decision process including financial statement and analysis.
- Analyze and review market studies, business plans, and any related and valuable project data, and make recommendations accordingly.
- Plan, manage, and coordinate logistics for programmatic meetings and events, including convenings and webinars.
- Provide assistance to applicants and grantees regarding grant applications, grant documentation, funding disbursements, budget and workplan compliance and reporting, and closure process.
- Ensure all necessary documentation is in hand and coordinate with external vendors and program participants and internal teams to process grant payments.
- Monitor grants during and after grant period, including obtaining and reviewing financial and narrative progress reports, ensure grantee adherence to workplans, track major purchases, and review other project compliance materials as required during and after grant period.
- Manage and monitor vendor contracts with a wide variety of vendors to support program implementation, including payment, compliance, and reporting.
- Using a variety of technology tools, build and analyze databases of grant and portfolio information including program outcomes, significant impacts, and portfolio trends. Communicate lessons learned to a broad audience.
- Maintain project files in excellent condition and consistent with organizational policy and departmental procedures, with sufficient documentation for third-party review, prepare files for timely audits.
- Bachelor’s degree preferred, not required.
- Advanced degree a plus and/or at least three years’ relevant experience working in financial analysis, grants management, and/or program management.
- Bilingual English/Spanish a plus.
- Demonstrated strong project management skills, including organization, time management, defining and setting priorities, and problem-solving.
- Demonstrated interest in or experience with one or more of Reinvestment Fund’s program areas including food systems, community development, sustainability, or education.
- Familiarity with financial analysis, lending, loan structuring a plus, or willingness to receive training on the job.
- Exceptional attention to detail.
- Excellent verbal and written communication skills.
- Ability to work with diverse individuals, communities, and groups on complex issues.
- Proficient in MS Office – Word, Excel, Powerpoint.
- Familiarity with Salesforce, other CRMs a plus. Fluency with database software and programming languages (i.e. SQL) a plus.
Reinvestment Fund has offices in Philadelphia, Baltimore, and Atlanta. The Program Associate should be located in or willing to relocate to one of those locations. Reinvestment Fund is maintaining a 100% remote work environment through at least September 6th, 2021 due to COVID.
Compensation and Benefits:
Reinvestment Fund offers a competitive salary based on experience and skills, as well as an excellent benefits package including employer-paid health, disability and life insurance, 401(k) savings plan with employer match, flexible spending accounts (medical, dependent care and transportation), tuition reimbursement, paid time off, and EAP program.
Reinvestment Fund uses E-Verify to validate all new hires’ ability to legally work in the United States. Reinvestment Fund is an Equal Opportunity Employer. Reinvestment Fund does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job related disabilities, or status as a veteran.Apply For Position