LIHTC Asset Management Analyst - Portfolio Insights

Elmington; Nashville (TN); On-site; USD 65,000 - 90,000; Full time

Job summary

Elmington is seeking an Asset Management Analyst to support a growing portfolio of LIHTC-based affordable multifamily communities. You will analyze property financials, assist with budgets, and monitor occupancy, loan milestones and compliance across lenders and agencies.

You will collaborate with property management, accounting, development and finance to turn portfolio performance data into actionable insights, with a focus on maximizing cash flow and protecting asset value.

Qualifications

• Ability to read and analyze property financial statements and budgets
• Comfort reading legal and financing documents (partnership agreements, loan documents, regulatory agreements)
• Strong attention to detail and organization; able to manage multiple properties and deadlines
• Clear written and verbal communication with internal teams and outside partners
• Self-starter who follows through on open items without close supervision and suggests the next step
• Familiarity with LIHTC, affordable housing programs or multifamily real estate preferred but not required

Responsibilities

• Review monthly property financials and operating reports; prepare variance analysis against budget and underwriting, and flag issues for follow-up with property management.
• Track lease-up velocity, occupancy and delivery dates against the underwriting pro forma; maintain the portfolio lease-up tracker.
• Monitor milestones tied to stabilization, permanent loan conversion and equity installments (e.g., occupancy and debt service coverage tests).
• Support compliance with LIHTC, state housing finance agency, lender and investor requirements, including utility allowance renewals, annual reporting and agency correspondence.
• Gather and organize documents for lender, investor and agency requests (e.g., tax exemption confirmations, insurance evidence, escrow items).
• Assist with annual operating budgets, identifying income and expense trends across the portfolio.
• Support the Development team with operating income and expense analysis for new deal underwriting, drawing on actual portfolio performance.
• Build and maintain reports and dashboards on portfolio performance; help improve the team's reporting systems and processes.
• Summarize key terms from partnership agreements, loan documents and regulatory agreements into property reference materials.
• Collaborate with property management, accounting, development and finance on cross-departmental projects.

Skills

Financial analysis

Budget analysis

Attention to detail

Written & verbal communication

Self-starter

Education

Bachelor's degree in finance, accounting, economics, real estate or related field

Job description

Elmington is seeking an Asset Management Analyst to support a growing portfolio of LIHTC-based affordable multifamily communities. You will analyze property financials, assist with budgets, and monitor occupancy, loan milestones and compliance across lenders and agencies.

You will collaborate with property management, accounting, development and finance to turn portfolio performance data into actionable insights, with a focus on maximizing cash flow and protecting asset value.