April Housing

Vice President

• Develop and implement asset management strategies to maximize property performance, cash flow, and portfolio value while maintaining affordability commitments.
• Prepare investment recommendation reports for new construction and rehabilitation, including a market assessment, proposed construction scope, and accompanying operating proforma
• Oversee a regional portfolio of affordable housing properties, ensuring compliance with HUD, LIHTC, and other federal, state, and local regulatory requirements.
• Monitor and analyze property performance metrics, including occupancy, rent collections, operating expenses, and capital needs.
• Conduct regular property and market evaluations to identify opportunities for improvement or risk mitigation.
• Manage property budgets and long-term financial planning, ensuring alignment with ownership goals.
• Collaborate with property managers to optimize NOI (Net Operating Income) and meet financial targets.
• Oversee annual audits, financial reporting, and tax credit compliance submissions.
• Analyze neighborhood or market conditions and trends, identifying the potential impact on the existing portfolio.
• Partner with property management companies to ensure consistent execution of operational strategies.
• Collaborate with Development and Acquisitions teams to ensure seamless transitions of newly acquired or developed properties into the portfolio.
• Identify and mitigate potential risks, including physical, financial, and regulatory challenges.

AVP, Asset Management – Multifamily