Seattle's Office of Housing works to build strong, healthy communities and increase opportunities for people of all income levels to live in our city. Our initiatives help stimulate housing development, allowing families to thrive and neighborhoods to provide a full range of housing choices and opportunities.
In support of this mission, the Office of Housing administers programs that finance the production and preservation of affordable housing as well as programs that incentivize private developers to produce affordable housing within mixed-income properties. To support the success of these programs, we are looking for two Asset Managers who will ensure participating builder owner's compliance with regulatory provisions associated with the Multifamily Tax Exemption (MFTE) Program and the Mandatory Housing Affordability (MHA) Program.
Here's more about what you'll be doing:
You will be successful in this role if you possess the below experience, knowledge, skills, and abilities:
- Under the supervision of the Portfolio Manager, you will be responsible for monitoring multiple affordable rental housing properties' compliance with income and rent restrictions contained in various incentive program regulatory agreements. Specifically, you will:
- Review annual reports of affordable housing projects for contractual compliance, with particular focus on rent and income restrictions.
- Perform site visits and tenant file review to verify information provided in the annual reports.
- Prepare follow-up correspondence and notices of corrective action as needed.
- Organize and maintain data to ensure accurate and timely planned and ad hoc reporting.
- Analyze trends and prepare reports, briefings, and action plans that include assessments, strategies, and recommendations.
- Facilitate real estate transactions, including refinancing, regulatory agreement amendments, transfers of ownerships, and other requests.
- Participate and lead teams on affordable housing-related issues and work plans.
- Improve and streamline administrative processes, where needed.
- Actively participating in multidisciplinary Office of Housing and Citywide teams in support of special projects and the City's Race and Social Justice Initiative.
- Other related duties as required.
Experience & Knowledge
Skills & Abilities
- Experience in property management, asset management, community development, compliance monitoring, or real estate
- Technical expertise in affordable housing programs such as the Low Income Housing Tax Credit, Section 8, Home program, and other funding programs
- Knowledge of Washington State Tenant Landlord Law
- Clear and professional written and oral communication
- Contract administration and contract management
- Interpersonal and negotiation skills
- Ability to work effectively with team members, coworkers, industry colleagues, building owners/managers, and community members
- Ability to take initiative, work well independently, and use reliable judgment in difficult situations
- Ability to maintain professionalism and diffuse tense situations
- Computer literacy, including Word, Excel, and Outlook
In addition to the qualities mentioned above, you will need to possess the below required qualifications (or a combination of education and/or experience and/or training which provides an equivalent background required to perform the work of the class):
- Two years of progressively responsible experience in affordable housing compliance monitoring, property management, real estate, program management, planning, research, architecture, or a related field
- Bachelor's Degree in business or public administration, urban planning, architecture, or a related field
- Three years of progressively responsible experience in affordable housing compliance monitoring, property management, real estate, program management, planning, research, architecture, or a related field
- Associate Degree in business or public administration, urban planning, architecture, or a related field
- Four years of progressively responsible experience in affordable housing compliance monitoring, property management, real estate, program management, planning, research, architecture, or a related field
These positions are classified as Community Development Specialists and will require traveling to meetings, performing site visits, and other responsibilities away from your primary work location. As such, a valid Washington State Driver's License is required to be eligible for this position.
To be considered for these positions, you must submit your complete application, attaching both a resume and cover letter, at https://www.governmentjobs.com/careers/seattle no later than 4:00 PM Pacific Time on Tuesday, August 20, 2019.
The Seattle Office of Housing is a proud participant in the Race and Social Justice Initiative, a citywide effort to realize the vision of racial and social equity. These positions are open to all candidates that meet the minimum qualifications. The Office of Housing values diverse perspectives and life experiences. Applicants will be considered regardless of race, color, creed, national origin, ancestry, sex, marital status, disability, religious or political affiliation, age, sexual orientation, medical condition, or pregnancy. The Office of Housing encourages people of all backgrounds to apply, including people of color, immigrants, refugees, women, LGBTQ, people with disabilities, veterans, and those with diverse life experiences. If you have questions, please contact Lindsey King at Lindsey.King@seattle.gov.