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Commonwealth of Pennsylvania |
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POSITION DESCRIPTION FOR JOB POSTING |
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Position Number: 00054840 |
Description Activated On: 9/17/2026 9:30:44 AM |
Position Purpose: Describe the primary purpose of this position and how it contributes to the organization’s objectives. Example: Provides clerical and office support within the Division to ensure its operations are conducted efficiently and effectively. This position assists the Bureau Director and Assistant Director with the day-to-day management, operations, and policy analysis and development for the Pennsylvania Economic Development Financing Authority (PEDFA) program, Tax-Exempt Volume Cap Allocation, Industrial Development Authority (IDA) program, Next Generation Farmer program, Pennsylvania Capital Access Program (PennCAP), the First Industries Agriculture and Tourism Loan Guarantee program, Second Stage Loan program, Tax Increment Financing Guaranty Program, Pennsylvania Business Opportunities Fund, and New American Development Fund program. Interacts with and develops business relationships with professionals including public officials, financial consultants, underwriters, trustees, bond and tax counsels, and others. |
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Description of Duties: Describe in detail the duties and responsibilities assigned to this position. Descriptions should include the major end result of the task. Example: Types correspondence, reports, and other various documents from handwritten drafts for review and signature of the supervisor. The following duties are performed under the oversight of the Director: Assists in the review and evaluation of financing applications for the Pennsylvania Economic Development Financing Authority (PEDFA), the Pennsylvania Community Development Bank (PCD Bank), Next Generation Farmer Program (NGF), Pennsylvania Capital Access program (PennCAP), the First Industries Tourism and Agriculture Loan Guarantee Program, the Second Stage Loan Program, Tax Increment Financing Guarantee Program (TIF), Pennsylvania Business Opportunities Fund, and New American Development Fund. Helps review and evaluate all IDA bond applications including but not limited to: Tax-Exempt Manufacturing; Tax-Exempt Facility; Tax Increment Financing, 501(c)(3), Taxable applications, Governmental Bond applications, and General financing to ensure eligibility, completeness, and compliance with all applicable guidelines and statutes. Supports in the preparation of projects for recommendation to the Director and the Executive Director of the Commonwealth Financing Authority (CFA). Assists in the review and processing of all preliminary allocation (PAR) and final allocation (FAR) requests and all necessary 8038 IRS forms for Pennsylvania Housing Finance Authority (PHFA), Pennsylvania Higher Education Assistance Agency (PHEAA), and county based IDAs. Helps to prepare, process, and file 8328 IRS forms with the IRS for carryforward of volume cap allocations for PEDFA, PHFA, and PHEAA. Coordinates public Tax Equity and Fiscal Responsibility Act (TEFRA) hearings for the PEDFA program. Works closely with a variety of representatives from state and local governments, and a variety of other high profiles institutions, businesses, departments, and individuals. Aids in the preparation and distribution of the semi-annual and annual allocation reports to a variety of entities upon or upon request. Helps to design, maintain, and modify monitoring mechanisms for accurate and timely tracking, reporting, and monitoring of volume cap allocations for all eligible categories. Assists in the preparation of the memo to the Governor's Office for the signature of the Director and Secretary recommending appropriate distribution of the upcoming year's allocation among qualified categories and makes recommendations for the assignment of volume cap from other years. Supports in the monitoring, reviewing, and apprizing the Director and other pertinent staff of upcoming legislation with a potential impact to allocation, bond financing programs, and the NGF. Aids in the preparation and distribution of regular bulletins on project and allocation policies, current allocations, and categorical distributions, to various economic development organizations. Helps to prepare and disseminate notification letters for PHFA, PHEAA, and Dept of Agriculture regarding volume cap allocation for the year. Assists in the preparation, distribution, and completion of all necessary actions and follow-up of IDA annual reports and reviews their audit reports when returned. Creates and maintains informational databases to track annual reports and audits for reporting purposes. Creates, maintains, and updates program manuals for all programs within the office. Helps coordinate all aspects of the Next Generation Farmer (NGF) program and recommends approval of projects to the Secretary. Reviews program guidelines and recommends changes as necessary. Assists in reviewing, recommending, and processing all Industrial Development Authority (IDA) bond financing applications and recommends approval to the Director and Secretary. Reviews IDAs' articles of incorporation, files them, and maintains a database of current information. In the event of a violation, helps to recommend suspension of an IDA or other necessary follow-up to the Director and prepares all documentation of the violation. Coordinates all right-to-know requests regarding IDAs and NGF projects with the Press and Legal Offices. Aids in reviewing and processing refund/refinance resolutions. Assists in marketing PEDFA and other programs among industry groups, economic development organizations, governmental entities, and bank and lender groups. Performs other duties as requested. |
Decision Making: Describe the types of decisions made by the incumbent of this position and the types of decisions referred to others. Identify the problems or issues that can be resolved at the level of this position, versus those that must be referred to the supervisor. Example: In response to a customer inquiry, this work involves researching the status of an activity and preparing a formal response for the supervisor’s signature. Assists Director and Assistant Director in coordinating all activities related to closings and issuances for PEDFA and other programs. Reviews new or proposed legislation and advises the Director as to how the legislation may affect programs or the operations of the office. Makes recommendations to the Director regarding policy decisions and operational issues within the office. Answers questions and inquiries that may arise. Prepares reports, memos, and other correspondence as required. |
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Requirements Profile: Identify any specific experience or requirements, such as a licensure, registration, or certification, which may be necessary to perform the functions of the position. Position-specific requirements should be consistent with a Special Requirement or other criteria identified in the classification specification covering this position. Example: Experience using Java; Professional Engineer License Experience: Licenses, registrations, or certifications: 1. N/A 2. N/A 3. N/A 4. 5. 6. |
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Essential Functions: Provide a list of essential functions for this position. Example: Transports boxes weighing up to 60 pounds.
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