Asset Manager

The Asset Manager will be responsible for managing a portfolio of properties within the Low-Income Housing Tax Credit (LIHTC) program, ensuring compliance, optimizing performance, and enhancing operational efficiency. This position plays a critical role in achieving results in the property sector while upholding strong asset management standards.

Client Details

Our client is a mid-sized property industry organization based in New Jersey, known for its strong track record in developing and managing affordable housing, particularly within the LIHTC sector.

Description

• Manage the performance of a portfolio of LIHTC assets, ensuring full compliance with program requirements.

• Review financial and operational reports regularly to identify areas for improvement.
• Partner with property managers and stakeholders to resolve asset performance challenges.
• Provide accurate, timely reports to investors and stakeholders.
• Maintain compliance with all federal, state, and local regulations, with a strong focus on LIHTC guidelines.
• Create and execute strategies to maximize asset value and promote long-term sustainability.
• Foster strong relationships with developers, property managers, government agencies, and other key partners.
• Support the development of annual budgets and long-term financial plans for assigned assets.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Profile

A successful Asset Manager should have:

• Comprehensive understanding of LIHTC program and regulations
• Proven experience in property management, particularly affordable housing
• Strong financial analysis skills
• Excellent communication and relationship-building abilities
• Ability to manage multiple properties and tasks simultaneously
• Problem-solving mindset to address property-related issues

Job Offer

• Competitive annual salary estimated between $100,000 and $135,000, depending on experience and qualifications.
• VERY Competitive bonus with high levels of upward mobility.
• Opportunities to work within a respected organization in the property industry.
• A permanent role offering stability and career growth potential.
• The chance to make an impact by managing essential housing programs under LIHTC regulations.

If you are ready to take the next step in your career as a LIHTC Senior Asset Manager, we encourage you to apply today!

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.