Property Asset Manager for Affordable Housing

2 weeks ago


Greater Los Angeles, United States Alura Workforce Solutions Full time

Position:

Asset Manager

'Experience in Affordable and/or Permanent Supportive Housing is Essential'

Description:

The Asset Manager plays a crucial role in assessing the organization's Permanent Supportive Housing portfolios, ensuring both financial health and adherence to various regulatory standards. This position involves overseeing the third-party Property Management Agent and working collaboratively with various departments to safeguard assets and improve property performance. The Asset Manager stays informed about industry developments to maintain the organization's status as a frontrunner in Permanent Supportive Housing.

Key Responsibilities:

  • Oversee third-party management agent to ensure operational efficiency
  • Utilize financial systems for up-to-date reporting
  • Authorize property-related expenditures
  • Generate reports for portfolio evaluations
  • Present findings to executive leadership
  • Ensure compliance with regulatory standards
  • Assist in budgeting and tax exemption initiatives
  • Formulate exit strategies for properties financed through LIHTC
  • Collaborate closely with resident services personnel
  • Execute other related tasks as required

Qualifications:

  • Experience in managing multi-family properties
  • Familiarity with affordable housing programs
  • Ability to interpret legal documentation
  • Proficient in accounting software and Excel
  • Strong communication abilities
  • Self-driven and collaborative team member

Education and Experience:

  • Bachelor's Degree
  • A minimum of eight years in affordable housing Asset Management
  • Experience with non-profit organizations is preferred

Additional Information:

  • Direct Placement, Benefited Position
  • Onsite role


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