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Lihtc Asset Manager Jobs in Delaware (NOW HIRING)

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Lihtc Asset Manager information

What is a LIHTC asset manager?

LIHTC Asset Managers are professionals responsible for overseeing and managing properties financed through the Low-Income Housing Tax Credit (LIHTC) program. They ensure that these properties remain compliant with program regulations, monitor financial performance, and coordinate with property managers and investors. Their work includes reviewing financial reports, conducting site visits, and addressing any compliance or operational issues that arise. Ultimately, their goal is to maximize the long-term value and success of LIHTC properties while maintaining affordable housing standards.

What are some common challenges faced by LIHTC asset managers, and how can they be navigated?

LIHTC Asset Managers often face challenges such as ensuring ongoing property compliance with IRS and state housing agency regulations, coordinating with property managers to address operational issues, and managing multiple stakeholders including investors, syndicators, and property staff. Staying organized and proactive in monitoring compliance deadlines and financial reporting is essential. Regular communication with site teams and stakeholders helps address issues early, while ongoing professional development can keep managers up-to-date on changing regulations and best practices in affordable housing asset management.

What are the key skills and qualifications needed to thrive as a LIHTC asset manager, and why are they important?

To thrive as a LIHTC Asset Manager, you need expertise in affordable housing compliance, financial analysis, and property management, usually backed by a degree in finance, real estate, or a related field. Familiarity with compliance tracking systems, property management software (such as Yardi or RealPage), and knowledge of LIHTC regulations or certifications (like HCCP) are essential. Strong attention to detail, analytical thinking, and effective communication skills help you manage complex portfolios and work with multiple stakeholders. These skills ensure regulatory compliance, optimize property performance, and maximize the value of low-income housing tax credit assets.

What is the difference between Lihtc Asset Manager vs Lihtc Property Manager?

AspectLihtc Asset ManagerLihtc Property Manager
Primary RoleOversees financial performance, compliance, and asset management of LIHTC propertiesManages daily operations, maintenance, and tenant relations at individual properties
CredentialsOften requires real estate, finance, or property management certificationsTypically requires property management experience and leasing certifications
Work EnvironmentCorporate or regional office, focusing on financial and compliance reportsOn-site at properties, handling tenant issues and property maintenance

The Lihtc Asset Manager focuses on the financial health and compliance of LIHTC portfolios, while the Lihtc Property Manager handles day-to-day property operations and tenant relations. Both roles are essential but differ in scope and responsibilities within the LIHTC industry.

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For Lihtc Asset Manager jobs in Delaware, the most frequently searched job titles are:

What job categories do people searching Lihtc Asset Manager jobs in Delaware look for?

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What cities in Delaware are hiring for Lihtc Asset Manager jobs?

Cities in Delaware with the most Lihtc Asset Manager job openings:

Lihtc Asset Manager jobs near you
Infographic showing various Lihtc Asset Manager job openings in Delaware as of August 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 83% Physical, 2% Hybrid, and 15% Remote job distribution.

LIHTC Compliance Leasing Specialist

MRK Property Management LLC

Newark, DE • On-site

$55K - $63K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 5 days ago

Job description

Description

Job Summary

The Tax Credit Leasing Specialist is responsible for effectively closing lease renewals. This includes accurately monitoring all income and assets of the tenant's file to ensure they qualify for the program attached to the unit. 


Essential Job Functions

  • Models and instills company mission and values 
  • Champions continuous improvement and regularly execute strategies to enhance resident satisfaction, work processes and property performance 
  • Ensures recertification files contain all required documentation
  • Complies with company policies and Fair Housing rules and regulations in all prospect and resident interactions 
  • Maintains regular office hours, ensuring adequate coverage on weekends and holidays
  • Completes and maintains lease files for each rental, and ensures all files remain compliant with company policy and procedures
  • Leverages Yardi software throughout the application process
  • Completes the lease renewal for all funding sourcing accurately and on-time to ensure compliance with applicable program(s) (e.g. LIHTC, HOME, Public Housing, market rate, etc.) 30 days prior to lease end date 
  • Executes resident relations policies and procedures for annual recertification purposes 
  • Conducts annual unit inspections 
  • Completes and submits reports to NJMHFA, compliance and the property manager
  • Notifies tenants of their lease renewal using the correct correspondence (e.g. First, Second, and Third Notice, Notice to Cease, Lease Termination, etc.)
  • Other duties as assigned 

Requirements

Knowledge, Skills, and Abilities

  • Bachelor's degree (or equivalent combination of education and experience)
  • Minimum of three years of leasing experience-preferably within the property management industry
  • Must have experience with affordable housing (Tax Credits) 
  • Goal-oriented and results-driven 
  • Customer-focused and service-oriented 
  • Outstanding interpersonal skills
  • Strong written and verbal communication skills
  • Advanced customer service and problem-solving skills 
  • Advanced organizational and time management skills 
  • Excellent follow-up and follow through skills 
  • Technically proficient in Microsoft Office
  • Ability to work in a fast-paced, action-oriented environment 
  • Ability to build and maintain professional, mutually beneficial relationships  
  • Ability to travel up to 10% of the time 

Our Values

  • Embrace New Ways: obstacles are opportunities, and challenges are catalysts for change
  • Serve the Community: give back and pay it forward
  • Drive to Achieve: ambition and determination - we can achieve anything we can imagine
  • Purpose Over Pride: Collaboration, thoughtful listening, and respect guide how we work with each other 

WE'VE GOT YOU COVERED

We take pride in supporting the health and well-being of our teammates and their families:

  • Full medical, prescription, dental and vision benefits
  • Company-paid life and AD&D insurance
  • Company-paid short-term and long-term disability
  • A 401(k) retirement plan with company match
  • Paid time off, accrued based on years of service
  • Supplemental insurance for employees and families
  • Employee Assistance Program for confidential counseling
  • Additional paid day off to provide community or charitable services
  • Paid holidays; approximately fourteen (14) per year
  • Peace of mind and a great working environment

#HP


MRK provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability,  genetics, veteran status, sexual orientation, and gender identity. 

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