Deputy Director, Multifamily Asset Management

Lanham, Maryland
Salary $75,926 - $106,753/year with full State of Maryland benefits
Jul 05, 2022
Aug 09, 2022
Full Time

Program Manager IV (076184) *Re-Post*
Deputy Director, Multifamily Asset Management
Recruitment #22-005479-0017
Filing Deadline 7/15/2022 
Salary $75,926 - $106,753/year

Work that matters. The Maryland Department of Housing and Community Development(DHCD) is a national leader in the financing and development of affordable housing and community development lending. The department has an immediate opening for a Program Manager IV, Deputy Director of Multifamily Operations /Asset Management. Located in the Division of Credit Assurance, the Multifamily Asset Management group’s purpose is to ensure the continued security of multifamily loans made by DHCD and the quality of the communities funded with those loans. The goal of this activity is to ensure the viability of the State’s security and the benefits to low- and moderate-income Marylanders. This position is responsible for assisting the Director of Multifamily Asset Management with the administration and direction of the unit; and, in the absence of the Director, to serve as the principle manager of the organization.

This position, with oversight for the Multifamily staff of 23 professionals, oversees the Maryland Department of Housing and Community Development’s portfolio managed by DHCD. DCA Multifamily Asset Management manages DHCD’s portfolio of loans secured by multifamily housing complexes (the Assets). DCA also provides asset management for a growing portfolio of business loans under Neighborhood Business Works Program (NBW), with an outstanding loan balance of well over $36.8 million, serving entrepreneurs from all over the State of Maryland.

The Manager plans, coordinates, supervises, and evaluates the work of staff consisting of professional portfolio managers and portfolio administrators, and the smaller report group that manages DHCD multifamily data systems. This position is responsible for management of personnel actions, develops short and long- range goals, and other general administrative functions for DCA Multifamily Operations, including oversight of expenditures on operating budgets. The Manager establishes policies and procedures for Multifamily Asset Management and oversees revisions and updates.

DHCD offers a flexible work schedule, telework and job sharing options; training, advancement and career path opportunities; casual business dress on Fridays and a competitive salary. The agency is located at 7800 Harkins Road Lanham MD across from the New Carrollton Metro Stop. Candidates must have a bachelor’s degree and six years of experience. For more information and to apply online, please visit:

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