LIHTC Asset Manager

The Asset Manager will oversee the performance and compliance of a portfolio of affordable housing properties, ensuring adherence to Low-Income Housing Tax Credit (LIHTC) program requirements. This role is ideal for a detail-oriented professional with a strong background in property management and financial analysis.

Client Details

This small-sized organization specializes in property management and development, focusing on affordable housing solutions. They are committed to delivering high-quality services and maintaining strong partnerships within the real estate industry.

Description

• Monitor the financial and operational performance of LIHTC properties within the portfolio.
• Ensure compliance with LIHTC program regulations and reporting requirements.
• Collaborate with property management teams to address operational challenges and improve property performance.
• Conduct regular site visits to assess property conditions and compliance adherence.
• Analyze financial statements, budgets, and property performance reports.
• Prepare and present portfolio performance updates to stakeholders.
• Maintain strong relationships with investors, lenders, and regulatory agencies.
• Identify opportunities for operational improvements and cost efficiencies.

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:

• A strong understanding of the Low-Income Housing Tax Credit (LIHTC) program and its compliance requirements.
• A background in property management, asset management, or real estate finance.
• Excellent analytical skills for reviewing financial statements and identifying trends.
• Strong communication skills to interact with property managers, investors, and regulatory agencies.
• The ability to work independently while managing multiple priorities effectively.

Job Offer

• Competitive salary ranging from $130000 to $175000 annually, based on experience and qualifications.
• Opportunities to work within a supportive and focused team environment.
• The chance to contribute to the development and management of affordable housing solutions.
• A role within a growing organization that values expertise and innovation in the property industry.

If you are passionate about affordable housing and have the skills to excel as a LIHTC Asset Manager in New York, 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.