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Alliant is a leading syndicator of the Low Income Housing Tax Credit (LIHTC), a program designed to provide affordable housing throughout the United States, as administered under Section 42 of the IRS Code. As a syndicator, Alliant raises corporate equity and monitors the development, construction, lease-up and permanent financing phases of its investments. Alliant has raised in excess of $3.2 Billion in equity, with investments in over 600 LIHTC properties, totalling approximately 61,000 units, and located in 41 states and the Virgin Islands. With its corporate headquarters located in Woodland Hills, California, Alliant employs over 100 people and has offices in seven states throughout the country.
TITLE: Asset Manager
LOCATION: Woodland Hills, CA
JOB OVERVIEW:
Under the direction of a SVP - Investor Relations, a Project Manager will have primary responsibility for managing the acquisition of limited partnership interests in affordable housing developments on behalf of Alliant. The Project Manager will be responsible for overseeing and reviewing all facets of the development.
Job Responsibilities:
The Asset Manager will be responsible for overseeing a portfolio of approximately 50 Low Income Housing Tax Credit (LIHTC) properties in accordance with Lower-Tier Partnership Agreements.
Responsibilities will include:
- Monitor portfolio of properties from Construction through Operational Stabilization.
- Process requests for release of Equity, including disbursements funded through Construction Loan Draws. Review to include general Construction issues, Title, Sources/Uses, Tax Credit Adjusters, and other documents required for processing.
- Monitor and Analyze financial performance of properties in Portfolio.
- Maintain property level database for portfolio of properties.
- Review Tenant Files for Section 42 compliance.
- Conduct Property Inspections and report findings.
- Review and Approve Annual Audits, Tax Returns and Operating Budgets for each Property in Portfolio
- Assist with property related litigation, loan workouts, settlements, etc.
Requirements:
Candidate must have familiarity with general principles of Real Estate (multi-family preferred), Operations and Analysis, Budgeting, Financial Reporting, Lending Practices, Property Management, general accounting, general contracts. Strong Analytical and Excel skills required, as are excellent written and verbal communication skills.
Other Job information:
Alliant offers a competitive salary, along with a comprehensive benefits package.
To Apply:
Please email resume and cover letter with salary requirements to
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Or mail to:
Alliant Asset Management Company, LLC
HR Department
21600 Oxnard St. 12th Floor
Woodland Hills , CA 91367-5178
Or via fax to: (818) 449-5178
ALLIANT IS AN EQUAL OPPORTUNITY EMPLOYER
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