Training

Asset Management for Affordable Housing

Asset Management for Affordable Housing. The asset manager performs a vital role in preserving quality affordable housing developments. Good asset - or risk management -  is critical to all involved parties, from investors to lenders to the low-income families this housing serves. Participants gain an understanding of the goals of asset management, their role in achieving those goals, and the tools needed to manage risk effectively. This online training explores the following topics:

• The Low-Income Housing Tax Credit program and other sources of funding that determine the project’s regulatory requirements
• Roles and responsibilities of all of the partners in the project
• Risk management during pre-development and the due diligence period
• Asset management during construction and lease-up
• Developing an effective asset management plan
• Monitoring operations and analyzing financial reports to assess financial performance
• Monitoring LIHTC and regulatory compliance
• Watchlist management

We suggest checking NDC’s list of scheduled online training sessions for the current offering and look forward to your participation in our upcoming sessions.