Asset Manager - LIHTC Job at The Quest Organization, New York, NY

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  • The Quest Organization
  • New York, NY

Job Description

Asset Manager, Development

We are seeking an Asset Manager, Development to oversee a portfolio of LIHTC properties during the development phase. This role manages projects from construction through stabilization, ensuring compliance, financial performance, and timely achievement of key milestones.

Responsibilities:

  • Manage development-phase LIHTC assets, including construction completion, lease-up, stabilization, and delivery
  • Monitor compliance with partnership agreements and LIHTC requirements
  • Review financial reporting, benchmarks, construction draws, and equity installments
  • Analyze risk, review GP requests, and support deal modifications
  • Coordinate with internal teams, developers, investors, and third-party consultants

Qualifications:

  • Bachelor’s degree in finance, accounting, real estate, or related field
  • 2+ years of experience in asset management, affordable housing, accounting, or development
  • Strong Excel and financial analysis skills
  • Familiarity with LIHTC/affordable housing preferred
  • Strong communication, organization, and problem-solving skills

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