April Housing
April Housing is a leading owner and operator of high‑quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, the company manages Blackstone’s affordable housing and LIHTC portfolio, overseeing more than 85,000 units in approximately 650 communities. April is committed to preserving critical affordable housing stock while providing best‑in‑class management and high‑quality housing.
What You Will Do Strategic Leadership
Develop and implement asset management strategies to maximize property performance, cash flow, and portfolio value while maintaining affordability commitments.
Prepare investment recommendation reports for new construction and rehabilitation, including market assessment, proposed construction scope, and an operating proforma.
Portfolio Oversight
Oversee a regional portfolio of affordable housing properties, ensuring compliance with HUD, LIHTC, and other federal, state, and local regulatory requirements.
Monitor and analyze property performance metrics, including occupancy, rent collections, operating expenses, and capital needs.
Conduct regular property and market evaluations to identify opportunities for improvement or risk mitigation.
Perform physical inspections of each property within the portfolio on a regular cadence.
Financial Performance
Manage property budgets and long‑term financial planning, ensuring alignment with ownership goals.
Collaborate with property managers to optimize NOI and meet financial targets.
Oversee annual audits, financial reporting, and tax credit compliance submissions.
Analyze neighborhood or market conditions and trends to assess their potential impact on the portfolio.
Team Development and Collaboration
Partner with property management companies to ensure consistent execution of operational strategies.
Collaborate with Development and Acquisitions teams to ensure seamless transitions of newly acquired or developed properties into the portfolio.
Compliance and Risk Management
Identify and mitigate potential risks, including physical, financial, and regulatory challenges.
Develop and implement corrective action plans as needed to address performance or compliance issues.
Key Skills And Competencies
Understanding of affordable housing programs and compliance requirements.
Strong analytical and problem‑solving skills with a data‑driven approach.
Excellent interpersonal and communication skills to collaborate with a diverse range of stakeholders.
Strategic thinker with a proactive and results‑oriented mindset.
Ability to manage multiple priorities in a fast‑paced environment.
Qualifications
Education: Bachelor’s degree in Business Administration, Finance, Real Estate, or a related field preferred.
Experience: Minimum 7 years of experience in asset management, real estate, or property management, with a strong focus on affordable housing.
Demonstrated understanding of LIHTC, HUD programs, and other affordable housing regulations.
Strong financial acumen, including experience with financial modeling, budgeting, and reporting.
Communicates effectively, listens to confirm understanding, and cooperates with teammates across functions.
Drives results and aligns personal and team performance to deliver outcomes.
Plans and aligns, seeks clarity when needed, and ensures team alignment.
Manages ambiguity, moves projects forward while waiting for pivots.
Develops talent and professional growth for self and others.
Resilient, maintains positivity, and develops ideas to enhance results.
What We Offer At April Housing, we are committed to a singular mission: delivering best‑in‑class management and high‑quality housing for residents who earn less than the area’s median income. We will invest over $500 million in our communities to keep rents affordable while continuously improving the quality of life for our residents.
EEO Statement April Housing is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, and if you need an accommodation to complete the application process, please email talent@revantage.com.
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What You Will Do Strategic Leadership
Develop and implement asset management strategies to maximize property performance, cash flow, and portfolio value while maintaining affordability commitments.
Prepare investment recommendation reports for new construction and rehabilitation, including market assessment, proposed construction scope, and an operating proforma.
Portfolio Oversight
Oversee a regional portfolio of affordable housing properties, ensuring compliance with HUD, LIHTC, and other federal, state, and local regulatory requirements.
Monitor and analyze property performance metrics, including occupancy, rent collections, operating expenses, and capital needs.
Conduct regular property and market evaluations to identify opportunities for improvement or risk mitigation.
Perform physical inspections of each property within the portfolio on a regular cadence.
Financial Performance
Manage property budgets and long‑term financial planning, ensuring alignment with ownership goals.
Collaborate with property managers to optimize NOI and meet financial targets.
Oversee annual audits, financial reporting, and tax credit compliance submissions.
Analyze neighborhood or market conditions and trends to assess their potential impact on the portfolio.
Team Development and Collaboration
Partner with property management companies to ensure consistent execution of operational strategies.
Collaborate with Development and Acquisitions teams to ensure seamless transitions of newly acquired or developed properties into the portfolio.
Compliance and Risk Management
Identify and mitigate potential risks, including physical, financial, and regulatory challenges.
Develop and implement corrective action plans as needed to address performance or compliance issues.
Key Skills And Competencies
Understanding of affordable housing programs and compliance requirements.
Strong analytical and problem‑solving skills with a data‑driven approach.
Excellent interpersonal and communication skills to collaborate with a diverse range of stakeholders.
Strategic thinker with a proactive and results‑oriented mindset.
Ability to manage multiple priorities in a fast‑paced environment.
Qualifications
Education: Bachelor’s degree in Business Administration, Finance, Real Estate, or a related field preferred.
Experience: Minimum 7 years of experience in asset management, real estate, or property management, with a strong focus on affordable housing.
Demonstrated understanding of LIHTC, HUD programs, and other affordable housing regulations.
Strong financial acumen, including experience with financial modeling, budgeting, and reporting.
Communicates effectively, listens to confirm understanding, and cooperates with teammates across functions.
Drives results and aligns personal and team performance to deliver outcomes.
Plans and aligns, seeks clarity when needed, and ensures team alignment.
Manages ambiguity, moves projects forward while waiting for pivots.
Develops talent and professional growth for self and others.
Resilient, maintains positivity, and develops ideas to enhance results.
What We Offer At April Housing, we are committed to a singular mission: delivering best‑in‑class management and high‑quality housing for residents who earn less than the area’s median income. We will invest over $500 million in our communities to keep rents affordable while continuously improving the quality of life for our residents.
EEO Statement April Housing is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, and if you need an accommodation to complete the application process, please email talent@revantage.com.
#J-18808-Ljbffr