Asset and Development Project Manager

Housing Up•Washington, DC

23h•$75,000 - $95,000

About The Position

Under the supervision of and in close collaboration with the Chief Executive Officer, the Asset and Development Project Manager will play a critical role in Housing Up's real estate practice, focusing on asset management, development project oversight, financial analysis, compliance monitoring, and strategic portfolio management. This position serves as the primary liaison between Housing Up and property management companies, development partners, lenders, investors, and regulatory agencies. The ideal candidate will bring both asset management expertise and development project coordination skills, with a strong understanding of affordable housing finance (including LIHTC and NMTC), property operations, and capital planning. This role is essential to ensuring Housing Up's properties remain financially stable, physically well-maintained, and in full regulatory compliance while supporting the organization's mission to provide high-quality housing and services.

Requirements

Bachelor’s degree in real estate development, urban planning, construction management, business administration, finance, or related field
Minimum 5 years of direct experience in affordable housing development, asset management, property management, or project management
Demonstrated experience with affordable housing financing (LIHTC, tax-exempt bonds, government subsidy programs)
Proven track record managing multiple projects or properties simultaneously
Real estate finance and affordable housing underwriting
LIHTC program requirements and compliance
Property operations and financial analysis
Construction management principles
Federal, state, and local affordable housing programs (HUD, DHCD, etc.)
Partnership structures (limited partnerships, LLCs)
Advanced Microsoft Excel (financial modeling, data analysis, pivot tables)
Microsoft Word and PowerPoint (reports, presentations)
Property management software (Yardi, RealPage, or similar) - preferred
Project management tools (Asana, Monday.com, MS Project, or similar) - preferred
Comfort learning new systems and databases
Valid driver's license, reliable vehicle, and proof of auto insurance (required for property site visits across DC)
Ability to work occasional evenings and weekends for property events, construction meetings, or emergency issues
Ability to conduct site visits including walking properties, climbing stairs, and assessing physical conditions
Ability to travel to multiple property sites throughout Washington, DC
Ability to conduct property inspections including walking developments, climbing stairs, and accessing roofs, basements, and mechanical areas
Ability to sit for extended periods while conducting financial analysis and report writing
Ability to lift and carry up to 25 pounds (files, laptops, materials)

Nice To Haves

Asset management experience with affordable housing portfolio (strongly preferred)
LIHTC compliance knowledge and experience
Development experience from predevelopment through construction completion
Property management background or close collaboration with property management companies
Washington, DC market knowledge including local regulations, agencies, and affordable housing programs
Nonprofit development or public-private partnership experience
Certified Property Manager (CPM)
Accredited Asset Management Specialist (AAMS)

Responsibilities

Portfolio Oversight & Property Management Coordination
Financial Analysis & Reporting
Regulatory Compliance & Reporting
Capital Planning & Improvements
Pipeline Project Coordination
Construction Oversight (for projects under construction)
Partnership & Stakeholder Coordination
Strategic Portfolio Management
Attend all meetings related to projects in the development pipeline
Coordinate with development partners, architects, engineers, contractors, and consultants
Manage third-party vendors including surveyors, environmental firms, appraisers, and legal counsel
Track project timelines, budgets, and deliverables using project management tools
Prepare progress reports for CEO, Board, development partners, and funders
Coordinate predevelopment activities including site due diligence, feasibility analysis, and entitlement applications
Attend regular construction meetings and site visits
Review and approve contractor payment applications and change orders
Monitor construction progress, budget, and schedule
Coordinate punch list completion and final inspections
Ensure compliance with construction contracts, plans, and specifications
Serve as Housing Up liaison to development partners (e.g., Somerset Development, other co-developers)
Attend partnership meetings and coordinate Housing Up's role in joint ventures
Facilitate communication between development team, property management, and Housing Up program staff
Coordinate lease-up planning and transition from construction to operations
Support CEO in evaluating new development opportunities and partnerships
Conduct financial feasibility analysis for potential acquisitions or development projects
Assist with preparation of funding applications (LIHTC, grants, loans)
Research affordable housing trends, financing programs, and best practices
Contribute to strategic planning for Housing Up's real estate portfolio
Support refinancing or restructuring initiatives for existing properties
Other duties as required.