Join one of the “Best Places to Work in Vermont!” VHFA is currently hiring for a Multi-Family (MF) Asset Management and Compliance Officer. This position is responsible for monitoring and overseeing the management of various multifamily rental projects in the VHFA portfolio. If you, or someone you know, is interested in work that directly supports safe, decent, and affordable housing options for Vermonters, this is a great opportunity.
The Asset Management and Compliance Officer monitors both the financial and physical status of projects, while establishing and maintaining good working relationships with project owners, managers and service providers. Compliance monitoring functions include site visits and tenant file reviews to ensure projects remain in compliance with provisions of regulatory agreements and conditions imposed by applicable funding sources provided by VHFA, as well as HUD Section 8 and the IRS Section 42 (Housing Credits) program, as they apply. This role is also responsible for initiating workouts and facilitating financial restructuring or loan modifications for portfolio loans.
The successful applicant will have a minimum of a bachelor’s degree or equivalent work experience, a minimum of four years’ experience in affordable housing programs, and familiarity with real estate financing. Certification as a Housing Manager and/or Housing Credit Certified Professional is desirable, as is knowledge of federal Low Income Housing Tax Credit Program, State Housing Tax Credits, subsidized housing or HUD Section 8 Occupancy, and knowledge of other state and federal housing programs. This position requires regular travel throughout Vermont with a valid driver’s license and dependable transportation. Proficiency in Microsoft Office products, including Word, Excel, and Outlook, and experience with automated housing software databases and systems, are also required.
A detailed job description including duties, preferred experience, and information about VHFA benefits and compensation is available on VHFA’s Careers web page. Applications are being accepted through Friday October 10.