Joseph Lewis

Experience

• 

  University of Chicago

  Sept 2007 - Sept 2008

  Tech Assistant
• 

  The Salem Group

  Sept 2009 - Jan 2011

  Administrative
• 

  SomerCor

  Mar 2011 - Jun 2019

  The Small Business Improvement Fund (SBIF) is a City of Chicago economic development grant program. Drawing on funds from select Tax Increment Financing (TIF) districts in Chicago, the SBIF provides reimbursement grants to eligible small business and/or property owners in those districts for capital improvements to their commercial or industrial properties. The SBIF encourages reinvestment in Chicago's building stock, enhances neighborhood business corridors, and helps small businesses create and retain jobs. SomerCor 504, Inc. works in conjunction with the City of Chicago's Department of Planning and Development to administer the program in over 90 of the city's TIF districts. Show less

  • Assistant Vice President, SBIF Director

    Sept 2017 - Jun 2019

  • Associate Director, SBIF

    Mar 2011 - Sept 2017
• 

  Chicago Department of Housing

  Jun 2019 - now

  Financial Planning Analyst

  Department of Housing, Bureau of Housing Development, Housing Finance DivisionIn the role of multifamily finance project manager and underwriter, I support and advance DOH’s mission by:- Managing relationships with development teams, lending partners, public officials, other DOH and city staff and management, delegate agencies, community organizations, and other stakeholders, to successfully implement development programs and projects;- Processing applications for new construction and rehab projects and evaluating the feasibility of development proposals in conformance with departmental, local, state, and federal program requirements, policies and procedures;- Evaluating complex financial structures and conducting financial analysis of subsidy requests, such as HOME or CDBG loans, low-income housing tax credits (LIHTC), Illinois affordable housing and historic tax credits, tax-exempt bonds, and tax increment financing (TIF);- Coordinating underwriting with all parties in conformance with applicable regulations and policies per City standards;- Preparing detailed reports to summarize key elements of each development as a means of justifying the funding recommendation;- Presenting recommendations to internal and external loan committees, CDC, City Council, and other panels as applicable;- Assisting with loan restructuring and asset management functions for the department;- Assisting in the administration of other public service activities, such as when I supported the City’s COVID-19 Vaccination POD operations in the role of site manager. Show less