Asset Manager

About the Organization Affiliated Resources Group (ARG) specializes in housing and real estate development. By coordinating the missions of its affiliated companies, ARG works to maximize opportunities for economic growth and development to enhance lives through programs that expand economic opportunities for individuals and their families. ARG affiliates develop and manage housing, administer large government programs and provide consulting services to facilitate operational and programmatic sustainability.

Affiliated Resources Group's strategic objectives include long-term sustainability, growth and development, quality of life, and creating a larger community. Operating under the umbrella of ARG, affiliated companies provide affordable housing solutions and promote community and economic development through rental assistance programs, resident services, and the revitalization of neighborhoods in DeKalb County and beyond.

Our history of strategically partnering with private/public entities as well as administering federal programs has positioned ARG's affiliates to successfully deliver affordable housing. We provide critical services that support the wellbeing of our clients/residents and pathways to self-sufficiency for program participants that seek to break the cycle of poverty. Connecting the Agency's larger objectives has helped ARG to thrive and expand our impact in the community.

As the largest affordable housing provider in DeKalb County, we are in a unique position to address the housing needs of low-and middle-income residents.

ARG maintains a working culture that supports our staff by continually improving and optimizing the Agency's organizational and operational effectiveness. The Agency continues to develop and position our team to succeed.

• Project and work to increase cash generated from operations
• Understand LPA, waterfall and GP responsibilities for timely distributions to HDC and partners
• Understand financing, affordable programs and regulatory requirements
• Provide oversight for the portfolio to remain in good standing with the applicable file and physical compliance requirements in governing documents such as loans, partnership agreements, tax credit allocations, affordability restrictions, etc.
• Programs: LIHTC, HUD Programs, State and Local programs, HOME, TIF, REAC, RAD, Public Housing, Housing Choice Vouchers, etc.
• Monitor and report on property management capacity and performance:
• Organize/Monitor data and workflow systems in use at corporate office and at sites to track and plan for critical events
• Measure and manage property performance against projections and annual budgets.
• Develop project operating forecasts to determine potential operational challenges, corrective actions, and opportunities for improvement.
• Review and approve annual property budgets
• Review monthly and quarterly operating statements
• Review tax returns and audits for portfolio properties.
• Respond to questions from lenders, partners, or other approving agencies on property financials
• Provide information for internal, board and external presentation of property and portfolio performance and strategic outlook on long term operations
• Participate in pipeline discussions of prospective projects and feasibility
• Create/review operating projections
• Facilitate in project lifecycle transitions (Development to Operations, Re-syndication, Dispositions, etc.)
• Work with HDC’s development department to prioritize and advance necessary funding requests and applications
• Site visits, curb stops, preventive maintenance contracts, maximizing rents, controlling expenses, marketing, reserve analysis, reserve draws, long-term capital plans
• Anticipate and prevent liability…