The ‘Asset Manager’ performs a vital role in preserving quality affordable housing developments. Good asset management is critical to all involved parties, from investors to lenders to the low-income families this housing serves - and is a critical risk management strategy as well. 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

This event is offered by: National Development Council

Registration Fee: $315