District Of Columbia Housing Finance Agency
  • Washington, DC, USA
  • Full Time

The District of Columbia (DC) Housing Finance Agency is seeking qualified candidates for the position of Asset Manager in the Portfolio and Asset Management division. 

POSITION SUMMARY:

The Portfolio and Asset Management Department is responsible for managing the Agency's Multifamily portfolio of over one hundred and forty (140+) projects for compliance with terms of the loan agreement and the Agency's mission of affordability requirements.   The Asset Manager manages the performance of their assigned portfolio,through monitoring the financial, physical and compliance risks of the projects. The Asset Manager will additionally manage client relationships by providing exceptional customer service.   

ESSENTIAL DUITES & RESPONSIBILITES:

  • Monitor the Agency's Multifamily project portfolio for financial, compliance and property performance
  • Conduct property inspections on Agency financed properties to determine property deficiencies
  • Review and analyze financial and property operating statements for the Agency's portfolio
  • Assess and identify asset performance including areas of risk; compliance with bond documents, regulatory requirements and non-compliance of agents and owners
  • Create a plan of mitigating action for at risk properties and present solution(s) to senior management as needed
  • Analyze the adequacy of capital budget and resources necessary for implementation of property maintenance
  • Enforce compliance and violations of Federal and District of Columbia regulations of Housing, Low Income Housing Tax Credits (LIHTC) and real estate laws for all projects
  • Conduct desk reviews, Management Operation Reviews (MORS), and Property Management Reviews of assigned Risk Share and Non-Risk Share projects
  • Authorize owner dividends according to bond documents and based on project financial performance
  • Authorize draws from Reserve for Replacement Account to replace items and capital needs in accordance with bond documents and contracts
  • Act as primary contact and manage key relationships with property management  and operating partners
  • Participate on project teams to develop and evaluate existing programs and procedures to assure maximum efficiency and customer service
  • Perform other duties as assigned

KNOWLEDGE AND QUALIFICATIONS:

  • Bachelor's Degree in Real Estate, Business, or another related field from an accredited university or equivalent experience is required
  • 2-4 years of experience in Real Estate, Asset Management or Property Management
  • Certified Occupancy Specialist Certification a plus
  • Knowledge of affordable housing, Low Income Housing Tax Credits, Tax Exempt Bond Programs and HUD Affordable Housing Programs
  • Knowledge of building codes and maintenance and housing quality standards
  • Expertise in Portfolio Management
  • Understanding of federal, state, municipal code, regulations; contract law; and real estate law
  • Must possess strong research, project management, organizational, analytical, and math/quantitative skills
  • projects
  • Excellent communication skills: both verbal and written
  • Must possess strong working knowledge of all aspects of Microsoft Office Suite, specifically Excel

OTHER CHARACTRISTICS:

  • Ability to work proactively and operate accurately and efficiently in a fast-paced environment with variable deadlines
  • Ability to work independently as well as part of a team
  • Maintain high ethical standards of integrity and quality
  • Capable of performing other duties as assigned by management

TO APPLY:

The Agency offers an exciting work environment along with a competitive salary and benefits package. Qualified candidates should apply at www.dchfa.org under the Employment Opportunities section.  District of Columbia residents will be given a residency preference in the application process.

 

The District of Columbia Housing Finance Agency is an Equal Opportunity Employer

Full Job Description
District Of Columbia Housing Finance Agency
  • Apply Now

    with our quick 3 minute Application!

  • * Fields Are Required

    What is your full name?

    How can we contact you?

    By clicking the button above, I agree to ApplicantPro's Applicant Information Use Policy.

  • Sign Up For Job Alerts!

  • Share this Page
  • Facebook Twitter LinkedIn Email
.
Apartments for Rent Logo Developers Media Room Homebuyers Events Property Managers About Us Resource Center Business Opportunities Investors DCHFA Home