Asset Management & Development Associate (LIHTC)

$80,000 - $90,000 yearly

Job Description

Position Overview

We are seeking an analytical, proactive, and detail-oriented professional to join our team as an Asset Management & Development Associate. This remote position bridges ongoing portfolio oversight, new deal development, and corporate administrative functions. The ideal candidate possesses direct familiarity with the affordable housing sector, demonstrates strong self-direction, and has the drive to advance into a future leadership role within our organization.

Asset Management

  • Monitor and evaluate the ongoing operational and financial performance of a 41-property affordable housing portfolio. 
  • Collect, review, and track property-level financial data, actively following up with third parties to resolve missing or incomplete documentation. 
  • Maintain and populate quarterly database tables to track key performance indicators. 
  • Prepare, update, and maintain comprehensive quarterly Real Estate Owned (REO) reports. 
  • Oversee critical compliance and operational deadlines, ensuring timely renewals of property tax exemptions and external regulatory reporting. 
  • Maintain organized digital document workflows across all active assets. 

Development

  • Assist with the acquisition, review, due diligence collection, and organized digital storage of new development materials. 
  • Develop fluency in the Low-Income Housing Tax Credit (LIHTC) / tax credit financial models to support transaction structuring and feasibility analyses. 
  • Liaise with brokers, municipal agencies, sellers, and external partners to identify and assess potential development pipelines. 
  • Coordinate underwriting tasks, due diligence deliverables, and closing requirements with prospective lenders and equity investors. 

Corporate & Administrative Support

  • Assist in assembling audit schedules, supporting workpapers, and financial packages for annual corporate audits and tax returns. 
  • Maintain, navigate, and utilize internal Microsoft Access databases and central digital file repositories. 
  • Provide targeted operational support and ad-hoc project assistance directly to the President. 

Qualifications & Experience

  • Industry Background: Direct experience working within the affordable housing sector (e.g., LIHTC, HUD, Section 8, or public-private financing). 
  • Technical Skills: Advanced proficiency in the Microsoft Office Suite (Word, PowerPoint, and Excel modeling), with the willingness and aptitude to learn and utilize Microsoft Access database systems. 
  • Execution & Autonomy: Demonstrated capability to work independently in a remote environment, organize multi-layered priorities, and execute against concurrent deadlines. 
  • Communication: Clear, professional verbal and written communication skills suitable for executive leadership, investors, lenders, and regulatory agency partners. 
  • Career Trajectory: A motivated professional eager to expand technical underwriting, compliance, and asset management skills with clear ambition to assume leadership responsibilities. 
  • Mobility: Ability and willingness to undertake occasional regional travel for site visits, partner meetings, or property inspections as business needs dictate. 

Compensation & Benefits

  • Competitive Base Salary: Commensurate with experience, supplemented by an annual discretionary performance bonus. 
  • Healthcare Reimbursement: Annual tax-free medical insurance premium reimbursement through an established reimbursement plan, offering up to $6,450 annually for individuals and up to $13,100 annually for family plans (2026 limits). 
  • Workplace Flexibility: Fully remote arrangement paired with a flexible working schedule.