Senior Asset Manager, Affordable Housing & LIHTC (Remote)

HumanGood

Seattle (WA)

A distancia

USD 110.000 - 130.000

Jornada completa

hace 24 horas
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Ventajas ofrecidas por este puesto de trabajo

Health, Dental and Vision plans
401(k) with employer match
HSA option
Tuition reimbursement
Cell phone plan stipend
Employee assistance program
Paid time off: 20 days + 7 holidays

Descripción de la vacante

HumanGood is seeking a Senior Asset Manager to oversee LIHTC and HUD communities, ensuring compliance and long-term financial health. You will lead strategic asset management, monitor budgets, and coordinate with finance and operations to optimize cash flow and capital planning.

The role is remote with location requirements (WA/OR/CA/DE/PA) and offers a comprehensive benefits package. Schedule: full-time, Mon-Fri, 8:00 AM - 5:00 PM.

Formación

  • 6+ years of experience in Affordable Housing required.
  • 4+ years of experience with LIHTC funding required.
  • 4+ years of experience in Affordable Housing asset management preferred.
  • BA degree in finance, public administration, business, or related field (MA preferred). Work experience may be substituted
  • Understanding of operations of affordable housing
  • Experience working with multiple internal and external clients.
  • Ability to follow-through and deliver work assignments on time.
  • Conscientious to work detail and well organized are essential.
  • Multifamily subsidy sources, including Section 42 low-income housing tax credits, state or local housing funding
  • Knowledge of HUD real estate policies and/or transactions

Responsabilidades

  • Develop and implement strategies to maximize portfolio value, cash flow, and long-term financial performance.
  • Identify underperforming properties and recommend corrective strategies.
  • Monitor properties through stabilization and the first full fiscal year to ensure pro forma performance.
  • Independently monitor properties transitioning into operations to ensure pro forma performance through stabilization and the first full fiscal year.
  • Analyze budgets against projections, benchmarks, and goals to ensure compliance with affordability, operating expenses, reserve funding, and cash distribution requirements.
  • Support Operations in developing project budgets that meet debt service coverage, reserve funding, and cash flow distribution needs.
  • Monitor operating expenses and provide variance explanations; propose creative solutions to financial challenges.
  • Review and track annual budgets, audited financials, tax returns, and capital accounts; ensure timely submission to stakeholders.
  • Review and complete waterfall calculations and distribution summaries.
  • Participate in long-term capital planning and ensure reserve accounts are adequately funded.
  • Coordinate with Finance and Operations to ensure timely reserve draws and insurance claim processing.
  • Track and support property tax exemptions and appeals

Conocimientos

Affordable Housing experience
LIHTC funding
Asset management experience
Budgeting/financial analysis

Educación

BA in finance/public administration/business
MA preferred

Descripción del empleo

HumanGood is seeking a Senior Asset Manager to oversee LIHTC and HUD communities, ensuring compliance and long-term financial health. You will lead strategic asset management, monitor budgets, and coordinate with finance and operations to optimize cash flow and capital planning.

The role is remote with location requirements (WA/OR/CA/DE/PA) and offers a comprehensive benefits package. Schedule: full-time, Mon-Fri, 8:00 AM - 5:00 PM.

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