Asset Manager I
Primary Purpose of Position: The Asset Manager I assists with the oversight of regulatory administration of some of the more standardized projects within MaineHousing’s multi-family portfolio as well as properties under the PBCA contract held with Housing and Urban Development (HUD). The position is responsible for working with Asset Manager II’s and Asset Manager III’s, owners and management companies throughout Maine as well as federal regulatory agencies providing funding and contract work.
Education and Experience: Education and two years of relevant work experience or a combination of education and training preferred. Experience with comprehending and interpreting legal documents and regulatory guidelines, and experience with the affordable housing industry highly desired.
Certifications and Licenses:
- Certified Occupancy Specialist Training (COS)*
- Fair Housing Training
- Develop competency with multiple department databases: Prolink, HDS, HUD Secure Systems
*Training and certifications to be obtained within the first year of employment or as the courses become available
Core Functions:
Review projects for compliance to federal, state and agency regulatory requirements and proactively monitor to anticipate developing issues and risks that could impact MaineHousing’s financial exposure in the investments
Perform essential key tasks required under the Performance Based Contract Administration (PBCA) held with HUD
Maintain working knowledge of various federal and state program regulations applicable to the portfolio including Bond regulations, Code of Federal Regulations, HUD Handbook 4350.3, Sec 8 Contract Renewal Guide, Special Claims, Fair Housing Laws and Section 504 Requirements as well as any new programs coming online
Respond to resident, owners, managers, and other external inquiries and issues through telephone, written, and electronic mediums
Provide support to the Asset Manager II and III’s in processing ownership transfers that include a subsequent loan component.
Other duties as assigned