Asset Manager and Community Land Trust Specialist

Position Description

I. Identification

Title: Asset Manager and Community Land Trust Specialist

Reports to: Director of Real Estate Development

II. Who We Are

NeighborWorks Green Bay is a recognized leader in housing and community development. We are a resident-led non-profit corporation founded in 1982. We partner with neighbors, local government, and business to deliver a variety of educational and financial programs promoting and preserving homeownership, increasing financial capabilities, and strengthening communities. We engage in community-interest real estate development, including construction, renovation, and operation of single- and multi-family residences and commercial projects. As an equal opportunity employer, we are dedicated to fostering diversity within our teams, valuing the varied perspectives, ideas, and experiences that diversity brings, regardless of gender, age, language, ability, ethnicity, cultural heritage, sexual orientation, faith, education, professional background, economic status, marital situation, or family and career commitments.

III. Job Summary

This position manages substantial real estate holdings of NeighborWorks Green Bay. This position serves as the principal agent of NeighborWorks Green Bay with respect to real estate owned and is the primary contact for property management. The position manages the capital project plan for real estate owned and coordinates with team members on timing of projects and management of Replacement Reserves. The position manages compliance matters related to real estate and coordinates with the Resource Development team on fundraising efforts for capital repair projects. The position also works on special projects involving real estate and asset management, particularly serving as primary staff for efforts to build and support community land trusts.

IV. Asset Management

• Oversee relationships with third-party Property Managers, produce (in partnership with Finance) the Asset Management Dashboard, and report portfolio performance to the Asset Management Committee.
• Serve as “Owner’s Agent” for property management issues and resident issue escalation.
• Manage Compliance activities and reporting, including Low-Income Housing Tax Credits, HOME Periods of Affordability, Funder expectations, etc.
• Assess individual property performance and recommend actions to address deficiencies, including capital reinvestment, debt restructuring, and disposition.
• Monitor property management expenses and seek efficiency and cost savings in operations.
• Provide input into new project design and structure to leverage lessons learned from the operation of the existing portfolio.
• Anticipate and manage risks.
• Perform other duties as assigned.

V. Community Land Trusts

• Serve as primary contact for Community Land Trust inquiries and service requests and coordinate service work among team members.
• Participate in internal and external conversations regarding the development of new Community Land Trusts, develop ideas, and support implementation.
• Function as Asset Manager and principal contact for Homeowners within Community Land Trusts served/developed by NeighborWorks Green Bay.
• Prepare and present reports as needed on Trust performance.
• Stay abreast of current trends in the development and operation of Community Land Trusts and advise team members.
• Conduct outreach in support of growing and developing Community Land Trusts.

VI. Preferred Skills and Qualifications

• Ability to analyze data, prepare projections, and present meaningful information to guide decision-making.
• Ability to work effectively with diverse internal and external stakeholders, including government agencies, to plan and put plans into action.
• Effective written communication skills, including the ability to render complex ideas into plain language that compels action.
• Effective oral communication skills, including the ability to build mutually beneficial relationships that invites partnership.
• A minimum of three years of experience in nonprofit housing or community development is preferred.
• Experience and skill in using personal computers and application software, including MS Office suite.
• Strong problem-solving and analytical skills.
• General Construction Knowledge.
• Project Cost Management.
• Ability to work independently and as part of a team.

VII. Physical Requirements – Must be able to perform the following activities:

• Ability to focus on a task.
• Ability to communicate verbally and in writing.
• Ability to physically inspect buildings and land.
• Ability to lift and carry up to 20 pounds

Job Type: Full-time

Pay: $60,000.00 - $74,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible schedule
• Health insurance
• Life insurance
• Paid time off
• Vision insurance
• Wellness program

Physical Setting:

• Office

Schedule:

• 8 hour shift
• Monday to Friday

Work Location: In person

Salary : $60,000 - $74,000