Career Opportunities

Preservation Program Manager

Job Description:

The Housing Development Department has an opening for a Preservation Program Manager. This position manages and oversees the Housing Development Department’s preservation efforts for existing and rehabilitation projects. This includes managing requests to modify and/or restructure Land Use Restriction Agreements (LURA) and/or loans to ensure continued financial feasibility, along with managing the Qualified Contract process and ownership change processes with the goal of exploring options to keep the projects affordable.  They assist as needed with the origination, underwriting, and closing of new loans for the construction, acquisition, and/or rehabilitation of affordable rental multifamily and single-family development projects. 


Bachelors in business administration, real estate, urban studies/planning, or closely related field and relevant work experience in affordable multifamily asset management or development, or commercial lending and loan underwriting, focused on multifamily construction/development preferred. May substitute 5-7 or more years of relevant work experience in affordable housing funding, or real estate development for education requirement. Knowledge of federal, state, and local housing programs is required.


• Relate to and interact with a non-traditional and diverse customers and employee population

• Understanding and knowledge of commercial real estate lending practices and commercial loan documentation

• Knowledge of specific requirements of each loan program, construction lending, and draw process

• Read, analyze, and interpret standards, policies, procedures, and regulations

• Knowledge of HUD and other affordable funding program requirements preferred

• Commercial loan underwriting skills preferred

• Understanding of financial statements

• Understanding of NM Qualified Action Plan and understanding of the Low Income Housing Tax Credit program preferred

• Work independently

• Balance competing requirements and needs of client organizations

• Develop and write accurate reports, policies, and correspondence

• Handle common inquiries or complaints

• Effectively present information and respond to questions from internal and external stakeholders

• Apply concepts such as fractions, percentages, ratios, and proportions to practical situations

• Define problems, collect data, establish facts, and draw valid conclusions

• Exercise good judgment and focus on detail as required by the job

• Operate standard office equipment, such as computer keyboards and monitors, copiers, scanners, and telephone

• Use (or learn to use) computer software and systems applicable to the position

• Follow oral and written instructions and procedures

• Collect, organize, and interpret data and prepare accurate records

• Compare data from a variety of sources for accuracy and completeness

• Organize large volumes of detailed data and information

• Verify and maintain accuracy of detailed data and information, detect data errors

• Meet schedules and deadlines of the work unit

• Communicate in English effectively orally and in writing

• Maintain well-organized materials, files, systems, and tools

• Adapt to changes in work situations and priorities

• Reason/analyze; use logic to identify and resolve problems

• Must be highly attentive to detail and possess the ability to handle multiple tasks and stressful situations with diplomacy

• Evaluate, organize, and summarize data and information

• Make varied arithmetic computations rapidly and accurately


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