Affordable Housing Portfolio Manager

4 weeks ago

Étreux, Hauts-de-France, United States Boston Public Library Full time

Company Overview:

Boston Public Library is committed to making Boston a more equitable and inclusive city where all residents can thrive. Our Mayor's Office of Housing seeks to carry out this mission through a lens of promoting diversity, equity, and inclusion while addressing the effects of systemic racism in our city.

The Senior Housing Asset Manager will be part of a team that 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.

Job Summary:

We are seeking an experienced and skilled Senior Housing Asset Manager to join our team. The successful candidate will be responsible for monitoring 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.

Responsibilities:

  • Supervise Housing Compliance Staff: Provide direct supervision to housing compliance staff to ensure they have the necessary tools and resources to perform their duties effectively.
  • Stay Up-to-Date on Regulations: Keep abreast of all applicable federal, state, and local programs and cross-cutting regulations, policies, and procedures to ensure compliance.
  • Long-Term Monitoring: 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.
  • CORRESPONDENCE WITH DEVELOPERS AND PROPERTY MANAGERS: Correspond with and review documents from developers, property managers, and homeowners in relation to compliance matters, including rent, income, and owner-occupancy requirements.
  • Maintain Physical and Financial Condition: Work with property owners and managers to ensure housing projects are in good physical and financial condition.
  • Preserve Affordable Housing: With guidance from the Assistant Director, perform "workouts" to extend or restructure restrictions and financing agreements in order to preserve affordable housing.
  • Coordinate with Vendors: Coordinate with 3rd party vendors who perform compliance monitoring functions on the department's behalf.
  • Uniform Relocation Act (URA) and Housing Quality Standards (HQS): Ensure compliance with federal Uniform Relocation Act (URA) and Housing Quality Standards (HQS) requirements.
  • Refer Noncompliant Projects: Refer noncompliant projects to the Assistant Director, Legal Unit, and outside counsel to enforce City restrictions and agreements.
  • Interact with HUD: With guidance from the Assistant Director, interact with HUD on matters of federal compliance and support federal reporting requirements.
  • Communicate with Constituents: Communicate with constituents about housing compliance questions and complaints.
  • Audit Requests: Assist in responding to audit requests and recommend audit responses.
  • Evaluate Staff Performance: 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.
  • Special Projects: Complete special projects identified by the Director, Deputy Director, or Assistant Director.
  • Other Duties: Perform other related duties as assigned.

Requirements:

  • Bachelor's Degree: A bachelor's degree in government, public policy, urban planning, management, or a related field is preferred.
  • Work Experience: 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.
  • Affordable Housing Knowledge: Knowledge of affordable housing program regulations and monitoring requirements.
  • Supervisory Skills: Strong supervisory skills and ability to motivate staff.
  • Communication Skills: Excellent organizational, problem solving and oral and written communication skills.
  • Proficiency in Microsoft and Google Suite: Proficiency with Microsoft and Google Suite applications.
  • Judgment and Attention to Detail: Ability to exercise good judgment and focus on detail as required by the job.

Benefits:

This position offers a competitive salary and a comprehensive benefits package, including health insurance, paid time off, and retirement savings plan.

Estimated Salary:$120,000 - $150,000 per year, based on experience and qualifications.

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