Asset Manager, Construction & Affordable Housing

Montgomery Housing Partnership

Silver Spring (MD)

Hybrid

USD 85,000 - 115,000

Full time

14 days+

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Job summary

Montgomery Housing Partnership in Silver Spring, MD, seeks a Construction Asset Manager to optimize an affordable housing portfolio. You will drive asset value, manage capital improvements, monitor reserves, and ensure regulatory compliance across LIHTC programs.

The role reports to the Director of Asset Management and collaborates with multiple departments to sustain long-term portfolio performance. Qualifications include a Bachelor's degree and at least five years in construction management or

Qualifications

  • Bachelor's degree required in real estate, finance, or related field.
  • Minimum of five years of progressively responsible experience in construction/asset management.
  • Knowledge of LIHTC, HUD Section 8, and Housing Choice Voucher programs.

Responsibilities

  • Monitor financial performance and reserve funds for a portfolio of assets.
  • Oversee capital improvement initiatives and project budgeting.
  • Coordinate with third-party management and prepare operating budgets.
  • Ensure regulatory compliance and LIHTC reporting.
  • Lead portfolio planning and long-term ownership strategies.
  • Support development and refinancing initiatives with related teams.

Skills

Asset management
Financial analysis
Budgeting
Project coordination

Education

Bachelor's degree in Real Estate, Finance, Business Administration, Construction Management, Urban Planning, or related field
Minimum of 5 years experience in construction/asset management

Tools

MRI Investment Central
Sage Intacct
Yardi
RealPage

Job description

Montgomery Housing Partnership in Silver Spring, MD, seeks a Construction Asset Manager to optimize an affordable housing portfolio. You will drive asset value, manage capital improvements, monitor reserves, and ensure regulatory compliance across LIHTC programs.

The role reports to the Director of Asset Management and collaborates with multiple departments to sustain long-term portfolio performance. Qualifications include a Bachelor's degree and at least five years in construction management or

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