Asset Manager ProjectProgram Manager II

Summary

The Department of Community and Human Services values diverse perspectives and life experiences. The Department encourages people of all backgrounds to apply, including Black Indigenous and People of Color, immigrants, refugees, women, LGBTQ people, people with disabilities, veterans and those with lived experiences.

King County’s Department of Community and Human Services (DCHS) provides equitable opportunities for people to be healthy, happy and connected to community.

Are you a skilled project manager with a passion for ensuring equitable, affordable housing throughout the County? Do you have experience with affordable housing capital, community development, or real estate transactions? Can you move quickly between big‑picture vision and project‑level details? Do you thrive collaborating with partners to ensure project success? If so, King County’s DCHS is looking for you!

The Housing Capital Investments Program within DCHS’s Housing and Community Development Division works with housing providers that have received King County affordable housing capital investments to ensure the ongoing success of their projects. These projects include Permanent Supportive Housing, Rent- and Income-Restricted Housing, Homeless Housing and various special‑purpose projects.

The Housing and Community Development (HCD) of DCHS is seeking a skilled asset / project manager who has affordable housing, community development, property management or real‑estate experience and who has supported housing providers to ensure equitable development that delivers housing for historically marginalized communities. The ideal candidate will understand the practical requirements of operating multifamily housing including daily operations, maintenance, budgeting, financial analysis and regulatory compliance.

The position will be responsible for monitoring housing provider organizations and specific projects for contract performance and compliance with federal, state and local funding requirements. Duties include performing on‑site physical inspections of housing projects, in‑depth file reviews, verifying resident income qualifications, reviewing operating statements and capital needs assessments, monitoring performance metrics, performing work‑out requests and writing staff recommendations specific to properties within the Housing Capital Investments portfolio.

• Review and monitor affordable housing contracts for compliance with terms of agreements, covenants, federal regulations and King County policies and requirements.
• Conduct on‑site inspections of housing projects and write up any findings and corrective actions required.
• Review annual resident income data for affordable housing projects to ensure contract compliance.
• Track reports submitted by housing providers and offer technical assistance to providers to complete incomplete data.
• Perform analysis and write up staff recommendations on properties within the portfolio that have submitted workout requests. Workouts and strategies may include examining possible refinancing options, determining the feasibility of restructuring existing debt, exploring new or additional operating subsidies, renegotiating affordability levels, restructuring county debt and transferring property ownership.
• Integrate an equity and social justice framework into program duties and communications and support portfolio analysis to determine the racial distribution of affordable housing and identify gaps in the equitable distribution of housing.
• Develop collaborative relationships with external partners to further the County’s goals including addressing historic racial inequities and the critical need for housing.
• Work collaboratively with the Housing Finance Program team and other programs within King County government to ensure contract compliance.
• Respond to inquiries and provide technical assistance to public partners, community‑based organizations and co‑workers across County departments.
• Draft external and internal reports and correspondence.
• Maintain program files / reorganize files.
• Perform other related duties or special projects as assigned.