Housing Asset Analyst II

Description

JOB VACANCY

HOUSING ASSET ANALYST II

ENTRY LEVEL SALARY: $51,858 - FULL-TIME

OFFICE LOCATION: DOVER

OPENING DATE: 12/18/2024   CLOSING DATE: 01/03/2025

--------------------------------------------------------------------------------------------------------------------------------------------------------------------

Looking for a career with excellent benefits?

As part of the DSHA team, you will have immediate access to health, vision, and dental insurance, vacation and sick leave, paid holidays, tuition assistance, fitness reimbursement, retirement plan, and more while working to further DSHA’s mission of providing safe, affordable housing.

This is a non-state position that assists the Housing Development Administrator and Financial Manager with developing and recommending plans for diverse fiscal studies, analyzing financial data, and evaluating options and recommending alternatives impacting the financial stability of affordable rental housing. The incumbent will work closely with the compliance team and other agency staff within the Housing Development department. Other frequent contacts include property owners, managers, tenants, and the U.S. Department of Housing and Urban Development (“HUD”) offices.

The Housing Asset Analyst II is primarily responsible for supporting the asset management team in the tasks necessary to support the long-term operations of housing developments financed by Low Income Housing Tax Credits (“LIHTC”), the Housing Development Fund (“HDF”), the Federal HOME Program (“HOME”), National Housing Trust Fund (“HTF”) Program, Section 8 and 811 PRA DEMO programs, and/or other Federal Housing funding programs. This position is essential to the HUD Housing Assistance Payment (HAP) and the Rental Assistance Payment (RAP) process for the Section 8 New Construction and 811 PRA DEMO programs, and the Performance Based Contract Administration (PBCA).

Qualifications

RESPONSIBILITIES:

The incumbent reports to the Financial Manager. Primary responsibilities include:

• Analysis of past and present financial operations and estimates of future revenues and expenditures to provide management with information necessary for the creation of an asset management plan.
• Analysis of the operations of multi-family rental housing to support recommendations on sustained affordability and required capital improvements.
• Monitoring and analysis of changes to federal programs and regulations to determine possible impact on department activities and strategies. 
• Assisting the Financial Manager with HAP voucher processing, tenant data submissions, and special claims processing/monitoring as it relates to HUD’s Section 8 Multi-Family program and the 811 PRA DEMO program.
• Assisting the Financial Manager with coordinating and conducting daily monitoring of all incoming and out-going TRACs work, including oversight on voucher and tenant data and verifying compliance with applicable HUD and HDS standards, processes, and procedures.
• Assisting the Financial Manager with review and approval of annual rent increases and utility analyses for HUD Multifamily developments, LIHTC, and HDF-financed properties.
• Assisting the Financial Manager with the training of the asset analyst staff responsible for reviewing, processing, and approving financial data in relation to the LIHTC program, the HUD Section 8 Multifamily and 811 PRA DEMO programs, HDF, HOME program, and HTF program.
• Special projects and other duties as assigned.

MINIMUM QUALIFICATIONS:

• Experience with federal and state accounting and auditing policies and procedures.
• Experience with compliance and systems management programs as it relates to federal affordable housing programs including, but not limited to, TRACS, iREMS, iSERS, eLOCCS, EIV, and IMAX.
• Experience training and supervising staff.
• Experience in the methods and techniques used in assembling, analyzing, and interpreting financial and accounting data, and the preparation of appropriate financial reports.
• Experience in conducting studies to evaluate operations, programs, services, policies, and procedures.

• Proficient computer skills, especially Microsoft Suite applications and financial spreadsheets.
• Proven strong verbal and written communication skills.
• Motivated, detail-oriented, and highly organized with effective analytical and problem-solving skills.
• Ability to work well with others in a team environment; able to work with colleagues remotely.
• Ability to work with time sensitive material, prioritize conflicting assignments, work independently, and meet multiple deadlines.

THIS POSITION REQUIRES A CURRENT AND VALID DELAWARE DRIVER'S LICENSE AND SUCCESSFUL COMPLETION OF A CRIMINAL BACKGROUND CHECK.

BENEFITS

These include up to 15 vacation days and 15 sick days leave accrual, up to 13 paid holidays a year, liberal retirement benefits, immediate access to paid health, short- and long-term disability, and life insurance plans and voluntary dental, vision, and various supplemental benefit options.

APPLICATION PROCEDURES

Applications must be completed by the stated closing date on our website: https://www.destatehousing.com/about/careers/.  

For assistance, please contact: DSHA_HR@delaware.gov

DSHA IS AN AFFIRMATIVE ACTION AND EQUAL OPPORTUNITY EMPLOYER.

As an equal opportunity employer, DSHA provides an employment environment that supports and encourages the application of all persons without regard to race, color religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Accommodations are available for applicants with disabilities in all phases of the application and employment process.  Please call DSHA at 302.739.4263 or 888.363.8808 with any questions or requests.  TTY/ ASCII/ VOICE/ VCO users may utilize the Telecommunications Relay Service (TRS) at 800.676.3777. 

DIRECT DEPOSIT OF PAY IS A CONDITION OF EMPLOYMENT. FAILURE TO AGREE TO PARTICIPATE IN DIRECT DEPOSIT WILL RESULT IN THE WITHDRAWAL OF OFFER OF EMPLOYMENT.  DSHA HAS A LAG PAY SYSTEM. 

Salary : $51,858