Asset Management Specialist - Section 8

WVHDF•Charleston, WV

10h•Onsite

About The Position

The West Virginia Housing Development Fund is seeking an Asset Management Specialist for its Section 8 Asset Management team in the Charleston Office. The Fund is a quasi-governmental organization that supports safe, decent, affordable housing across West Virginia and provides construction and permanent mortgage financing for housing sponsors. The position conducts Management and Occupancy Reviews (MORs) for properties in the agency’s Section 8 Project Based Contract Administration multifamily portfolio throughout the state. Reviews include on-site tenant-file compliance reviews, limited physical inspections, and written reports on overall results. The role involves regular statewide travel, including periodic overnight stays. When not in the field, the employee reviews documents and prepares reports from the office or home office. The employee has access to sensitive and confidential data and must maintain confidentiality at all times. This is a non-exempt position, Salary Grade 5, reporting to the Manager – Asset Management. The Fund identifies the position as having a 35-hour work week.

Requirements

High school graduate or GED.
At least three years of experience in the management and/or operation of multifamily rental housing facilities.
Knowledge of Microsoft Office products.
Valid driver's license.
Maintain confidentiality when handling sensitive and confidential data.
Ability to travel regularly throughout West Virginia, including periodic overnight stays.
Ability to climb stairs, walk through multi-story buildings, and access all areas of a property during a review.

Nice To Haves

Associate degree in Accounting.
At least two years of experience in property management, affordable rental programs, and/or federal program compliance.
Certified Occupancy Specialist (COS) certification and MOR Certification, or ability to obtain them within the first year of employment.

Responsibilities

Conduct on-site Management and Occupancy Reviews, including the Fair Housing and Equal Opportunity checklist, to verify compliance with HUD regulations and occupancy requirements.
Review owner and management compliance with EIV requirements during MORs, as specified in HUD regulations and/or HUD Handbook 4350.3.
Analyze information gathered during MORs and complete HUD Form-9834 Management Review Reports describing conditions, criteria, cause, effect, and corrective actions.
Document identified conditions in a written report within 30 days.
Receive and respond to owner/agent descriptions of corrective actions, and follow up and monitor corrective action until findings are closed.
Provide technical guidance and answer owner/agent phone calls and emails regarding HUD occupancy requirements, including HUD Handbook 4350.3, HUD Notices, and other HUD requirements.
Stay informed about new HUD regulations related to Section 8 Project Based Housing Programs.
Complete work professionally and with accuracy, thoroughness, technical knowledge, and timeliness.
Research and interpret HUD policies, procedures, regulations, and other legal documents as they relate to Management and Occupancy Reviews.
Perform other duties or assignments as requested by management.

Benefits

35-hour work week
13 State and Federal holidays
15 annual leave days per year, increasing to 20 days after 5 years and 25 days after 10 years of service
12 sick days per year
Health insurance
Vision coverage
Dental coverage
Company-funded Health Reimbursement Account after one year of employment
State of WV Pension plan
457 Plan
Work/Life Balance