Utah Housing Preservation Fund
Multifamily Asset Manager
Utah Housing Preservation Fund, Salt Lake City, Utah, United States, 84193
Overview
Direct message the job poster from Utah Housing Preservation Fund Social Impact | Private Equity | Husband & Father Multifamily Asset Manager Utah Non Profit Housing Corporation / Utah Housing Preservation Fund (UHPF) The Utah Housing Preservation Fund (UHPF) is a mission-driven private equity fund dedicated to preserving affordable housing across Utah. We acquire and protect existing multifamily properties to ensure long-term affordability, stability, and improved quality of life for residents. UHPF sits at the intersection of social impact, housing, and capital markets, offering a unique opportunity to create lasting change in Utahs housing landscape. Utah Non Profit Housing Corporation is the manager of the UHPF and has nearly 60 year of experience in Utah developing affordable housing. Position Summary UHPF is bringing asset management in-house and seeking a Multifamily Asset Manager to lead this function. This role will be central in shaping UHPFs asset management practices and ensuring our portfolio is both financially strong and delivering meaningful resident impact. The Multifamily Asset Manager will oversee property performance, compliance, and reporting; support recapitalizations and refinancing efforts; and collaborate closely with third-party property managers, vendors, and the Fund Manager. This position offers high autonomy, the chance to innovate, and an opportunity to grow into a leadership role as UHPF expands. Key Responsibilities
Ongoing: Manage financial and impact reporting for investors, state partners, and internal stakeholders. Ongoing: Monitor property-level budgets, NOI, and performance against benchmarks. Ongoing: Partner with property management to analyze operations, identify improvements, and ensure strong occupancy and resident experience. Ongoing: Oversee compliance with affordability covenants, state regulations, and deed restrictions. Quarterly / Annually: Complete property tax exemption renewals and regulatory filings. Quarterly / Annually: Lead site visits and physical inspections to evaluate property conditions and capital needs. Quarterly / Annually: Support recapitalization, refinancing, and project-level restructuring in collaboration with the Fund Manager and Investment Committee. Quarterly / Annually: Help identify and implement asset management software to track portfolio performance and resident outcomes. Key Performance Indicators (KPIs)
Achieving property budget goals and financial stability. Maintaining affordability compliance across the portfolio. Confirmed through annual audit. Measurable improvements in property environment, operations, and resident impact. Qualifications
28 years of experience in asset management, underwriting, acquisitions, or related multifamily housing roles. Strong financial and analytical skills; expert-level proficiency in Excel required. Experience with property management or asset management software preferred. Familiarity with Utahs affordable housing landscape strongly valued. Bachelors degree in Finance, Real Estate, Business, or related field Who Thrives Here
Highly organized, detail-oriented self-starter who can operate with autonomy. Proactive problem-solver who recommends strategies and drives continuous improvement. Comfortable in a dynamic environment where innovation and adaptability are encouraged. Mission-driven professional passionate about affordable housing and economic mobility. Position Details
Reports to: Fund Manager / Managing Director, Utah Housing Preservation Fund Employer: Utah Non Profit Housing Corporation Location: Based in Salt Lake City, with hybrid flexibility Travel: Quarterly property visits within Utah Compensation: $80,000 - $120,000, with benefits Schedule: Full-time, salaried Growth Path: Opportunity to build and lead the asset management function as UHPF grows
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Direct message the job poster from Utah Housing Preservation Fund Social Impact | Private Equity | Husband & Father Multifamily Asset Manager Utah Non Profit Housing Corporation / Utah Housing Preservation Fund (UHPF) The Utah Housing Preservation Fund (UHPF) is a mission-driven private equity fund dedicated to preserving affordable housing across Utah. We acquire and protect existing multifamily properties to ensure long-term affordability, stability, and improved quality of life for residents. UHPF sits at the intersection of social impact, housing, and capital markets, offering a unique opportunity to create lasting change in Utahs housing landscape. Utah Non Profit Housing Corporation is the manager of the UHPF and has nearly 60 year of experience in Utah developing affordable housing. Position Summary UHPF is bringing asset management in-house and seeking a Multifamily Asset Manager to lead this function. This role will be central in shaping UHPFs asset management practices and ensuring our portfolio is both financially strong and delivering meaningful resident impact. The Multifamily Asset Manager will oversee property performance, compliance, and reporting; support recapitalizations and refinancing efforts; and collaborate closely with third-party property managers, vendors, and the Fund Manager. This position offers high autonomy, the chance to innovate, and an opportunity to grow into a leadership role as UHPF expands. Key Responsibilities
Ongoing: Manage financial and impact reporting for investors, state partners, and internal stakeholders. Ongoing: Monitor property-level budgets, NOI, and performance against benchmarks. Ongoing: Partner with property management to analyze operations, identify improvements, and ensure strong occupancy and resident experience. Ongoing: Oversee compliance with affordability covenants, state regulations, and deed restrictions. Quarterly / Annually: Complete property tax exemption renewals and regulatory filings. Quarterly / Annually: Lead site visits and physical inspections to evaluate property conditions and capital needs. Quarterly / Annually: Support recapitalization, refinancing, and project-level restructuring in collaboration with the Fund Manager and Investment Committee. Quarterly / Annually: Help identify and implement asset management software to track portfolio performance and resident outcomes. Key Performance Indicators (KPIs)
Achieving property budget goals and financial stability. Maintaining affordability compliance across the portfolio. Confirmed through annual audit. Measurable improvements in property environment, operations, and resident impact. Qualifications
28 years of experience in asset management, underwriting, acquisitions, or related multifamily housing roles. Strong financial and analytical skills; expert-level proficiency in Excel required. Experience with property management or asset management software preferred. Familiarity with Utahs affordable housing landscape strongly valued. Bachelors degree in Finance, Real Estate, Business, or related field Who Thrives Here
Highly organized, detail-oriented self-starter who can operate with autonomy. Proactive problem-solver who recommends strategies and drives continuous improvement. Comfortable in a dynamic environment where innovation and adaptability are encouraged. Mission-driven professional passionate about affordable housing and economic mobility. Position Details
Reports to: Fund Manager / Managing Director, Utah Housing Preservation Fund Employer: Utah Non Profit Housing Corporation Location: Based in Salt Lake City, with hybrid flexibility Travel: Quarterly property visits within Utah Compensation: $80,000 - $120,000, with benefits Schedule: Full-time, salaried Growth Path: Opportunity to build and lead the asset management function as UHPF grows
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