Affordable Housing Coordinator

US-CA-San Francisco
Job ID
2240
Function
Asset / Portfolio Management
Mission Bay Block 7

Overview

Affordable housing laid the foundation of Related Companies and we continue to place a high priority on developing, acquiring and preserving housing for this sector. In fact, over 60% of our 50,000+ residential apartment homes under our management are part of one or more affordable housing programs, and an additional 20% of these homes provide workforce housing.

 

 

In the area of acquisitions and refinancing, we pursue properties that meet one of the following criteria: Section 8 properties with project-based contracts; Section 236 properties in need of rehabilitation; Section 42 LIHTC properties with expiring low-income restrictions; Section 515 FmHA properties with loans that can be prepaid; or other assisted properties, including HODAG, HOME, federal or state-financed public housing.

 

 

Many of the buildings we encounter are in need of substantial upgrading and preservation in order to continue to properly fulfill the needs of their tenants. Given our 42 years of experience in debt and equity financing – as well as our extensive management of government-assisted properties – we are well positioned to buy out existing owners who lack the resources and experience to recapitalize and, therefore, wish to exit the affordable housing arena. In addition, with our extensive development experience, we bring the knowhow to expertly rehabilitate the units, thus assuring the continued viability of these projects for years to come.

Responsibilities

The Affordable Housing Coordinator is responsible under the direction of the Manager, to provide comprehensive, accurate coordination of all facets of affordable housing programs at designated sites in compliance with agency regulations, all company policies and procedures, and all applicable Fair Housing and Human Rights statutes. The Affordable Housing Coordinator job will be for a 200 unit mulit family tax credit property in San Francisco, CA. 

 

 

Responsibilities:

  • Participates in all marketing and leasing functions related to all affordable housing programs and applications, including remarketing assessments.
  • Facilitates the renewal and recertification process for all program participants.
  • Prepares all RMC-required and agency-required reports.
  • Ensures accuracy of recorded information about each affordable housing program.
  • Initiates new ideas, methods and systems related to affordable housing processing.

Qualifications

  • Bi-lingual in Mandarin Chinese/English.
  • High School diploma or equivalent; college degree is a plus.
  • Strong organizational and follow-up skills.
  • Excellent written, interpersonal and communication skills.
  • Ability to prioritize and handle multiple tasks.
  • Must be able to work independently and as part of a team of professionals.
  • Working knowledge of Microsoft Word.
  • Experience with tax credit is a plus.

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