Senior Housing Asset Manager

2 weeks ago

Boston, United States City of Boston Full time

Overview

The mission of the Mayor’s Office of Housing (MOH) is to make Boston a more equitable and inclusive city where all residents can thrive. MOH administers programs that create and preserve affordable housing, support homeowners and renters, provide housing and services to homeless individuals and families, and develop city-owned property. The Mayor’s Office of Housing (MOH) seeks to carry out its mission through a lens of promoting diversity, equity, and inclusion and addressing the effects of systemic racism in our city.

Under the direct supervision of the Assistant Director for Housing Compliance and Asset Management or designee, the Senior Housing Asset Manager monitors the department’s income-restricted housing portfolio to ensure compliance with applicable City, State, and Federal rules and regulations, as well as affordable housing covenants and financing agreements. In addition, the Senior Housing Asset Manager preserves affordable housing by extending and modifying restrictions and agreements.

Responsibilities
  • Provide direct supervision to housing compliance staff.
  • Keep abreast of all applicable federal, state, and local programs and cross-cutting regulations, policies, and procedures to ensure compliance.
  • Undertake the long-term monitoring of affordable housing projects to ensure compliance with applicable City, State, and Federal rules and regulations, as well as affordable housing covenants and financing agreements.
  • Correspond with and review documents from developers, property managers, and homeowners in relation to compliance matters, including rent, income, and owner-occupancy requirements.
  • Work with property owners and managers to ensure housing projects are in good physical and financial condition.
  • With guidance from the Assistant Director, perform “workouts” to extend or restructure restrictions and financing agreements in order to preserve affordable housing.
  • Coordinate with 3rd party vendors who perform compliance monitoring functions on the department’s behalf.
  • Ensure compliance with federal Uniform Relocation Act (URA) and Housing Quality Standards (HQS) requirements.
  • Refer noncompliant projects to the Assistant Director, Legal Unit, and outside counsel to enforce City restrictions and agreements.
  • With guidance from the Assistant Director, interact with HUD on matters of federal compliance and support federal reporting requirements.
  • Communicate with constituents about housing compliance questions and complaints.
  • Assist in responding to audit requests and recommend audit responses.
  • Regularly evaluate the performance of the housing compliance staff and implement management solutions to resolve problems, assist staff members in their professional development, and reach compliance goals.
  • Complete special projects identified by the Director, Deputy Director, or Assistant Director.
  • Perform other related duties as assigned.
Minimum Entrance Qualifications
  • A bachelor’s degree in government, public policy, urban planning, management, or a related field is preferred.
  • Four (4) years of related work experience with a Bachelor’s Degree, or six (6) years of related work experience without a Bachelor’s degree required, with at least one (1) year of supervisory experience.
  • Knowledge of affordable housing program regulations and monitoring requirements.
  • Strong supervisory skills and ability to motivate staff.
  • Excellent organizational, problem solving and oral and written communication skills.
  • Proficiency with Microsoft and Google Suite applications.
  • Ability to exercise good judgment and focus on detail as required by the job.

BOSTON RESIDENCY REQUIRED

Terms: Union/Salary Plan/Grade: SU2/N-24 Hours per week: 35

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