Asset Manager Multifamily Compliance

Rhode Island Housing•Providence, RI

17h•Hybrid

About The Position

This position is responsible for administering HUD rental subsidy contracts, Low Income Housing Tax Credit (LIHTC) projects, and related portfolio activities. Responsibilities include the accurate and timely completion of regulatory compliance file audits, management reviews, and physical property inspections for rental units within Rhode Island Housing’s multifamily portfolio, in accordance with applicable federal, state, and agency guidelines and policies. This is a hybrid position based in Providence, Rhode Island, where you will be an integral part of our Leased Housing team. The role is designed for in-person collaboration and active engagement within our office environment.

Requirements

Minimum of five years of property management or related housing experience
Tax Credit compliance and Section 8 certifications from nationally recognized affordable housing training organizations
Strong verbal and written communication skills, along with solid organizational and negotiation abilities
Proficient computer skills, including intermediate knowledge of word processing, spreadsheet, and database software
Use of a personal vehicle, a valid driver’s license, and proof of insurance required

Nice To Haves

Bilingual ability preferred (especially Spanish or Portuguese)
Bachelor’s degree in real estate, business administration, or a related field; property management certification; and/or equivalent work experience

Responsibilities

Manage a portfolio of approximately 40 affordable housing projects across the state.
Conduct a variety of on-site physical inspections, including Management and Occupancy Reviews in accordance with HUD regulations, as well as Low-Income Housing Tax Credit (LIHTC) audits per IRS guidance.
Analyze and maintain portfolio databases and perform compliance functions for multiple state and federal rental housing programs, including HOME, Section 811, and other state-level programs.
Prepare written reports and correspondence to owners/managing agents and relevant federal and state agencies.
Ensure that identified deficiencies or compliance issues are corrected and provide timely follow-up and documentation to owners/managing agents and government entities.
Provide ongoing technical assistance and compliance support to owners/managing agents and act as an intermediary in resolving tenant-related issues.
Assist team members with on-site inspections and file audits as needed.
Conduct additional inspections to investigate repairs or tenant concerns.
Address tenant and owner/agent complaints related to health, safety, and operational issues, including required HUD and IRS reporting.
Maintain a comprehensive understanding of compliance requirements for HUD Section 8, LIHTC, and other federal and state rental housing programs.
Obtain required certifications, Tax Credit Program Compliance, and HUD Section 8 administration, through nationally recognized affordable housing training organizations approved by RIHousing within 120 days of hire (if not already certified).
Participate in special projects or task forces as assigned.