Asset Manager-Multifamily Compliance
Location: Providence, RI
Work Arrangement: Hybrid
About the Employer
RIHousing works to ensure that all people who live in Rhode Island can afford a healthy, attractive home that meets their needs. RIHousing provides loans, grants, education, and assistance to help Rhode Islanders find, rent, buy, build, and keep a good home. Created by the General Assembly in 1973, RIHousing is a self-sustaining corporation and receives no state funding for operations.
Role Summary
This position is responsible for administering HUD rental subsidy contracts, Low Income Housing Tax Credit (LIHTC) projects, and related portfolio activities. You will manage a portfolio of approximately 40 affordable housing projects across the state, ensuring 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. You will be an integral part of our Leased Housing team with in-person collaboration and active engagement within our office environment.
What You'll Do
- Manage a portfolio of approximately 40 affordable housing projects across the state
- Conduct 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 in 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
Required Qualifications
- 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
Preferred Qualifications
- Bilingual ability (especially Spanish or Portuguese)
- Bachelor's degree in real estate, business administration, or a related field
- Property management certification
Compensation
$68,383–$95,736. The actual salary offered will depend on factors such as experience and other job-related qualifications.
Benefits
Medical, dental, vision, and life insurance; paid time off; retirement options; parking stipend; education reimbursement; flexible work hours; onsite fitness classes; volunteer days; mentorship program; lunch and learn series; and employee recognition programs.
Additional Information
RIHousing is a mission-driven organization and a winner of "Best Places to Work" 2016, 2018, 2019, 2021–2026. The organization has received the Greater Providence Chamber of Commerce Worksite Health Award 2013–2025 and is recognized as one of PBN's Healthiest Employers of RI 2025.
