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Asset Manager - LIHTC

Indianapolis, IN 46204

Posted: 11/01/2023 Industry: Asset Manager Job Number: 4727 Pay Rate: 90,000

Job Description

Asset Manager - LIHTC

The Asset Manager will manage assets in the development phase within a portfolio of low-income housing tax credit projects.

  • Perform monthly, quarterly, and annual reporting
  • Analyze financial statements and perform analysis
  • Manage construction, lease-up, stabilization, and loan conversions.
  • Monitor property data
  • Monitor and calculate credit delivery
  • Monitor properties for ongoing compliance with partnership agreements
  • Maintain detailed knowledge of LIHTC program compliance requirements
  • Review general partner requests on potential deal changes
  • Collect tax returns and audits to coordinate review and approval
  • Ensure projects remain in balance during the development process
  • Review monthly construction draws and process equity installments
  • Work with internal and external partners to project future equity timing and needs
  • Special projects as requested

  • Bachelor’s Degree in accounting, finance, real estate, or a related field
  • 2+ years of direct experience working with Section 42 (LIHTC) properties in asset management, public accounting, multifamily property management, or development.
  • Strong verbal and written communication skills
  • Ability to interact with senior leadership
  • Proficiency in Microsoft Office Suite
  • Strong problem-solving, organizational and time-management skills
  • Ability to prioritize and meet deadlines
  • Ability to work both independently and as a team
  • Strong attention to detail

Meet Your Recruiter

David Rosenblatt

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