Job Description
Position Overview
The Asset Manager will oversee the performance and compliance of a portfolio of our
affordable housing properties. This role involves monitoring financial performance,
ensuring regulatory compliance, and enhancing property operations to maximize value and
sustainability. The ideal candidate will have a strong understanding of the LIHTC program,
experience in real estate asset management, and a passion for affordable housing.
Key Responsibilities
• Portfolio Management: Oversee a diverse portfolio of LIHTC properties, ensuring
financial health and regulatory compliance.
• Financial Analysis: Conduct regular financial reviews, including operating budgets,
cash flow analysis, and variance reports; develop strategies to enhance property
performance.
• Compliance Monitoring: Ensure properties meet all LIHTC program requirements,
including tenant eligibility, income certifications, and reporting obligations.
• Collaboration: Work closely with property management teams to address operational
issues, improve tenant satisfaction, and implement best practices.
• Reporting: Prepare and present comprehensive reports on property performance,
compliance status, and financial metrics to senior management and stakeholders.
• Market Research: Stay informed about market trends, rental rates, and competition
to inform asset strategies and recommendations.
• Stakeholder Engagement: Maintain strong relationships with investors, developers,
and regulatory agencies to ensure alignment on goals and expectations.
Qualifications
• Bachelor’s degree in finance, real estate, business administration, or a related field;
Master’s degree preferred.
• 3+ years of experience in asset management within the LIHTC or
affordable housing sector.
• In-depth knowledge of LIHTC regulations and compliance requirements.
• Strong financial acumen with experience in budgeting, forecasting, and financial
reporting.
• Excellent analytical, problem-solving, and organizational skills.
• Strong interpersonal and communication skills, with the ability to work
collaboratively across teams.
• Proficiency in property management software and Microsoft Office Suite (Excel,
Word, PowerPoint).
Finance Fund is an equal opportunity employer. We celebrate diversity and are committed to
creating an inclusive environment for all employees.
Company Description Ohio Community Development Finance Fund (“Finance Fund”) is a mission-driven nonprofit
organization that drives capital, real estate development, and other resources to low- and
moderate-income communities to improve quality of life.
Ohio Community Development Finance Fund (“Finance Fund”) is a mission-driven nonprofit\r\norganization that drives capital, real estate development, and other resources to low- and\r\nmoderate-income communities to improve quality of life.\r\n\r\nFinance Fund is a leading organization in affordable housing development, construction,\r\nand maintenance. We are committed to creating sustainable, quality housing solutions for\r\nlow-income communities through the Low-Income Housing Tax Credit (LIHTC) program and\r\nother non-LIHTC subsidy programs. Our team is passionate about making a positive impact\r\non communities and we are looking for a dedicated Director of Real Estate Development \r\nto join us in this mission.
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