SFCLT seeks an Asset Manager
SFCLT is HIRING!
Asset Manager
ABOUT San Francisco Community Land Trust
The San Francisco Community Land Trust (SFCLT) is a nonprofit organization whose mission is to create permanently affordable housing for low-to-moderate-income people through community ownership of the land. Guided by the principles of anti-displacement and racial justice, SFCLT stabilizes neighborhoods, and creates greater access to housing and homeownership opportunities with a focus on BIPOC communities previously excluded from access to wealth, and in particular, access to homeownership opportunities.
SFCLT currently owns and operates 14 permanently affordable properties for those of low and moderate income spread throughout the City from Chinatown, to the Mission, the Tenderloin, the Richmond district, South of Market, and soon Russian Hill. 73% of our residents are below 80% AMI and 50% below 60% AMI. The 250 residents living currently in our 151 units of housing represent a diversity of races and ethnicities with 70% of our residents identifying as BIPOC.
CORE RESPONSIBILITIES:
SFCLT seeks an Asset Manager to help build and maintain a strong community-based organization.
The Asset Manager is hired by and reports to the Executive Director, as well as, working closely with the entire staff consisting of: Operations Manager, Director of Asset Management, Program Manager, and Resident Education & Outreach Coordinator.
Welfare Exemption Preparation – first and annual filing
Compliance: Mayor’s Office of Housing & Community Development (MOHCD) Annual Monitoring activities – reporting
Lender reporting – quarterly and annual
Support of the annual Financial audit
Income certification for new and existing tenants
Liaison to property management and tenants
Reserve Management – Operating and Replacement
Addressing Capital Needs:
CNA
Refinancing
Reviewing Monthly Financials
Annual Budgets: Creating a budget and explaining to residents
Supervision of Operations Manager, Program Manager & Resident Education & Outreach Manager for Marketing & Lease Up:
Marketing Plan
Advertising
Lottery
Notifying and Confirming eligibility of lottery winners
Move In/Lease Signing/Go over SFCLT policy and property House Rules
For Limited Equity Housing Cooperative Pre and Post purchase homeowner’s education
QUALIFICATIONS/ SKILLS/ EXPERIENCE
The ideal candidate will have experience working with people from diverse socio-economic and cultural backgrounds, will be passionate about the organization’s mission, and be experienced in project management, facilitation, and working independently with accountability to a team. We hope to hear from candidates who have:
Deep alignment with & enthusiasm for SFCLT’s mission
At least 5 years of experience in affordable housing development
Residential rehabilitation construction management, including but not limited to: scope of work creation, capital needs assessments, coordinating consultants (architects, general contractors, etc) and acting as a liaison between the construction team and the SFCLT team.
Collaborate with the Acquisitions Committee on feasibility studies and pursuing new project leads.
Develop pro formas & budgets for existing and new projects
Manage escrow, loan closing, & all other aspects of real estate acquisition together with the Acquisitions Committee.
Serve as owner’s representative for SFCLT on construction/rehabilitation projects.
Complete quarterly reports to lenders for new and existing projects.
Work with bookkeeper to process invoices, draws, & process bills
Manage quarterly financial reports to lenders
Experience managing relationships with contractors & consultants
Ability to quickly establish credibility and build strong relationships with diverse groups of people, particularly marginalized and housing insecure tenants and residents
Ability to work independently to advance projects while maintaining accountability to a small team
Commitment to open communication and intentional information-sharing
Extremely organized and detail-oriented work style
Ability to maintain a high level of confidentiality
Excellent written and oral communication skills
Proficiency in Microsoft Office Suite and Google Suite
While not required, skills or experience in any of the following areas/activities are desirable:
Rooted in communities most impacted by gentrification and displacement, including communities of color and low-income, queer, and immigrant communities of San Francisco.
Highly developed leadership skills, including facilitation and public speaking
Ability to communicate in Spanish or other language widely used in SF
Bachelor’s and/or Master’s degree
SALARY AND BENEFITS
Pay: $80,000-$100,000 depending on experience. SFCLT offers vacation, sick leave, and health benefits.
Job Type: Full-time
All applicants must be fully vaccinated before the start date (2 shots + booster)