Review new deals through participation in due diligence, review of investment models, market studies, and investment committee packagesMonitor construction progress by collecting monthly draws, engineering consultant reports, and other project information Monitor initial lease-up for delays, issues with tenant qualifications, or other potential LIHTC compliance risk factors. Calculate tax credits and adjusters based on qualified occupancyReview and analyze collected documentation to facilitate timely processing of equity releases. Prepare wire forms for review by Asset Managers.Establish and maintain professional and productive relationships with general partners and management companiesAnalyze actual development costs as compared to underwriting

Monitor new deals in construction and lease up to ensure households are certified timely and credit delivery projections are met; Compile information relating to lease up, set-asides, and additional State and Federal restrictions.Develop reports in Excel to monitor construction and lease up timelines, annual recertifications, qualified occupancy, and credit delivery.Request initial year tenant files from management as lease up commences to prepare for the internal initial year compliance audit.Create qualified occupancy reports and analyze credit delivery through the review of tenant certifications, rent rolls, and rehab/construction schedules.Research and Report on State and Federal policies to ensure portfolio is in line with LIHTC requirements.Maintain strong relationships with management companies to ensure files and tenant certifications are in line with LIHTC guidelines.Communicate both internally and externally with Boston Capital employees, general partners, and management companies to monitor and update investor requirements.Collect and review State Inspections, Relocation Plans, Utility Allowances, LURAs, Tax Credit Applications to ensure all property requirements are met.

Manage the Inclusionary Housing Program Waitlist on the City of Cambridge application software.Process and select eligible applicants for vacant rental units and assist housing applicants through all phases of the application process.Coordinate with property managers to allow for lease up of affordable units to selected applicants.Review and process annual recertifications to determine tenant’s income and asset eligibility.

Manage LIHTC housing in Chelsea by responding to tenant’s needs, completing yearly recertification paperwork, processing applications for low-income units, and working with local and state housing agencies to provide assistance to current and prospective tenants.Use Yardi & Appfolio to generate reports for property financials, tenant and owner accounts, and balancing property bank accounts and ledgers.Maintain relationships with tenants and collect rents.