Job Summary Required Qualifications and Skills
We are seeking a Portfolio Analyst for a contract opportunity supporting a housing department in Norfolk, VA. This onsite role is ideal for a finance, real estate, or affordable housing professional who enjoys analyzing property performance, monitoring compliance, and helping improve the long-term financial sustainability of a diverse housing portfolio.
The Portfolio Analyst will work in a mission-driven public sector environment focused on housing stability, community impact, and responsible asset management. This position offers the opportunity to collaborate with property management, finance, development, compliance, and external partner teams while contributing to the performance of public housing, Housing Choice Voucher properties, LIHTC developments, RAD properties, and mixed-income communities.
Key Responsibilities
- Analyze property financial statements, operating reports, budgets, occupancy trends, market conditions, and portfolio performance indicators.
- Prepare quarterly asset management reports and recommend corrective actions for underperforming properties.
- Review operating budgets, monitor expenditures, track reserves, support capital planning, and maintain financial projections.
- Oversee LIHTC-related activities, including lease-up, tax credit delivery, partnership agreements, investor requirements, and ongoing compliance.
- Monitor compliance with HUD regulations, Section 42 tax credit requirements, loan documents, financial covenants, and applicable federal, state, and local regulations.
- Coordinate with property managers, finance teams, investors, lenders, developers, auditors, attorneys, and other partners to support property performance and portfolio goals.
Compensation and Benefits
- Pay: $30 to $32 per hour.
- Job type: Temp to Hire
- Schedule: Monday through Friday, 8:00 a.m. to 4:30 p.m.
- Location: Norfolk, VA.
- Work arrangement: Onsite.
- Analyze financial and operational performance across a diverse real estate and affordable housing portfolio.
- Support asset management reporting, budgeting, compliance monitoring, and corrective action planning.
- Oversee LIHTC investment activity, regulatory requirements, and partnership compliance.
- Support acquisition, development, redevelopment, and technology-based portfolio management initiatives.
- Bachelor’s degree in Finance, Business Administration, Real Estate, or a related field.
- Three to five years of progressively responsible experience in real estate transactions, affordable housing, tax credit development and compliance, or related financial analysis.
- Equivalent combinations of education and experience may be considered.
- Strong knowledge of real estate finance, property management, partnership agreements, affordable housing regulations, and financial compliance requirements.
- Strong analytical, financial modeling, budgeting, organizational, and communication skills.
- Proficiency with Microsoft Office, especially Excel.
- Ability to review complex financial data, identify risks, communicate findings clearly, and recommend practical solutions.
- Valid driver’s license required.
- Must successfully complete a background check and reference verification prior to hire.
Preferred Qualifications
- Experience with LIHTC developments, HUD programs, and public housing finance.
- Familiarity with Yardi, RealPage, Elite, or comparable financial systems.
- Experience with Power BI or real estate accounting systems.
- Prior experience conducting or supporting property site visits, physical condition reviews, occupancy improvement plans, and rental income performance strategies.
Equal Opportunity Employer / Disabled / Protected Veterans
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