Policy Analyst/Senior Policy Analyst

Minimum Qualification EL-12:

• 52 weeks (one-year) of specialized experience equivalent to the next lower grade level (EL/GS-11 or equivalent) demonstrating work experience with the statements described below
• Analyzing, monitoring, and evaluating single and/or multifamily affordable housing finance and/or community development policy and the impact on real estate financial market
• Interpreting federal, state, and local laws and regulations governing single and/or multifamily affordable housing
• Assisting with drafting regulations, policy statements, advisory bulletins, memoranda, correspondence, and special reports regarding single and/or multifamily affordable housing programs
• Monitoring and assessing regulated entity regulatory performance and compliance

Minimum Qualification EL-13:

• 52 weeks (one-year) of specialized experience equivalent to the next lower grade level (EL/GS-12 or equivalent) demonstrating work experience with the statements described below
• Analyzing complex housing finance data, market trends, and affordable housing and/or community development changes to support policy development
• Conducting special studies or major projects to identify operational or regulatory issues and providing recommendations to improve program plans or policies
• Interpreting and applying federal, state, and local laws and regulations governing single and/or multifamily affordable housing operations and compliance, ensuring alignment with organizational policies and objectives
• Developing well-supported policy recommendations, preparing policy papers, issue briefs, or regulatory guidance for senior leadership and/or external stakeholders
• Conducting outreach and consultation with industry experts, advocacy groups, trade associations, investors, or other government agencies to gather input on policy issues

Minimum Qualification EL-14:

• 52 weeks (one-year) of specialized experience equivalent to the next lower grade level (EL/GS-13 or equivalent) demonstrating work experience with the statements described below
• Conducting advanced analyses of legislation, affordable housing program activities, and affordable-housing and/or community investment requirements to develop policy recommendations that informed Agency/organizational decisions and regulatory actions
• Designing and refining housing-finance regulations, policies, and evaluation frameworks, ensuring alignment with statutory mandates and improving the effectiveness of programs serving under-served markets
• Leading outreach with housing-finance experts, advocacy groups, and/or regulated entities to gather insights, communicate Agency/organizational priorities, and supporting development of high-impact policy initiatives
• Serving as a technical authority on complex, sensitive affordable-housing and/or community investment issues, providing guidance to senior leadership, and mentoring junior analysts

Benefits

• Comprehensive benefits package
• Access to a range of benefits designed to make your federal career very rewarding

Important Details

• Application deadline: July 31, 2026, 11:59 PM (ET)
• Travel: Occasional travel may be required
• Appointment type: Permanent
• Supervisory status: No
• Federal service type: Competitive Service
• Represented by a union: Yes
• Drug test: No
• Security clearance: Other
• Position sensitivity and risk: Moderate Risk (MR)
• Background check type: Suitability/Fitness
• Financial disclosure required: No
• Number of vacancies: 2 (additional vacancies may become available within three months from the closing date)

Application Process

• Complete all required questionnaires and assessments
• Submit all required documentation as specified in the How to Apply and Required Documents section
• Click the Apply Online button
• Answer the questions presented in the application and attach all necessary supporting documentation
• Click the Submit Application button prior to 11:59 PM (ET) on the announcement closing date
• If required to complete any USA Hire Assessments, you will be notified after submitting your application via the application submission screen and email, including a unique assessment access link and completion deadline. In USAJOBS, you can click "Track this application" to return to your assessment completion notice
• Access USA Hire using your unique assessment link and USAJOBS login credentials
• Review all instructions prior to beginning assessments; you will have the opportunity to request a testing accommodation before beginning the assessments if you have a disability covered under the Rehabilitation Act of 1973 as amended
• Set aside about two (2) hours to take the USA Hire Assessments; you can re-use your unique assessment link if you need to stop and continue later
• Your responses to the USA Hire Assessments will be reused for one year (in most cases) from the date you complete an assessment. If future applications you submit require completion of the same assessments, your responses will be automatically reused

Required Documents

• Your Resume: 2 pages or less, including contact information, relevant work experience (employer name, job title, start/end dates, hours per week, descriptions of how you meet qualifications), and education/certifications/licensures if required. Do not include a photograph, video, or sensitive information (age, date of birth, marital status, protected health information, religious affiliation, social security number, etc.) on your resume or cover letter. Web pages linked on your resume or cover letter will not be accessed to determine qualifications
• Transcripts (official or unofficial) if position requires minimum level of education or you are qualifying on basis of education. Failure to provide transcripts, when required, will result in removal from hiring process. Official transcript will be required before onboarding if selected
• CTAP/ICTAP documentation (copy of separation notice or other proof of eligibility for priority selection; copy of SF-50 showing current position, grade, promotion potential, and duty location; and copy of most recent performance appraisal)
• Veteran's Preference Documentation (DD-214, Member Copy 4 or other documentation containing dates of service and character of discharge. Disabled veterans and other applicants eligible for 10-point Veteran's Preference must include documentation to validate claim - VA letter, SF-15, etc.)
• Other Supporting Documents: Cover letter (optional), SF-50 (optional)
• Utilize the preview feature of USA Jobs to view documents and ensure formatting remains and all documents are legible. Additional materials will not be accepted after announcement closes. Your full name must be clearly visible on all documents. Do not submit encrypted documents; save as new PDF or Print to PDF to ensure proper transmission
• If relying on education to meet qualification requirements, education must be accredited by an accrediting institution recognized by the U.S. Department of Education. Provide only attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education
• Failure to provide all required information may result in an ineligible rating or affect overall rating. It is your responsibility to ensure all required documents have been submitted

Next Steps

• After all application packages have been received, materials will be reviewed to ensure qualification requirements are met. Each qualified applicant will be evaluated on information provided in resume and completed USA Hire Assessment. Applicants deemed best qualified may be contacted for an interview
• Final job offer for this position is anticipated within 45 days after the application deadline
• All candidates will be notified of the final disposition
• Applying to this announcement certifies that you give permission for FHFA to share your application with others in FHFA for similar positions
• This announcement may be used to fill like positions in other organizations within the Federal Housing Finance Agency or at other agencies across the Federal government

About the Company

The Division of Housing Mission and Goals (DHMG) is responsible for FHFA policy development and analysis, oversight of housing and regulatory policy, oversight of the mission and goals of the Enterprises, and oversight of housing finance and community and economic development mission of the FHLBanks. The Office of Affordable Housing and Community Investment (OAHCI) provides effective oversight over the affordable housing, community investment and fair lending activities of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.