Career Opportunities


Asset Manager

An Asset Manager is responsible for ensuring investors receive anticipated benefits associated with an assigned portfolio of multifamily real estate partnerships by proactively monitoring the investments’ operational performance, compliance with Section 42 of the IRC, and regulations of other applicable housing programs, funding sources, and laws. An Asset Manager identifies performance concerns and works to resolve them, to maximize return on investments, prevent losses, and promote positive relations with investors and owner/managing partners. Timely communication of concerns and potential solutions to all stakeholders is essential in order to address portfolio matters as soon as possible. Successful portfolio management is accomplished by evaluating reports, inputting accurate and timely data, preparing and interpreting historical and trend analyses, and performing regulatory and physical site assessments.

Some specific functions include, but are not limited to, the following:

  • Identify operational or regulatory issues and work to resolve them in order to maximize return on investments, prevent losses, and promote positive relations with investors, owners, and managing associates.
  • Evaluate reports, maintain accurate and timely data, prepare and interpret historical trends, perform site inspections, and consult with all stakeholders.
  • Maintain frequent verbal and written communication with developers, property management agents, state agency representatives, and other associates during the construction and management of the properties.
  • Participate in investment review meetings and provide technical assistance and support to the Acquisitions, Fund Management, and Risk Management departments.

Education Requirement
Bachelor’s degree in business management, business administration, accounting, finance, real estate. Or, an equivalent combination of education and comparable work experience.

Work Experience
Minimum of three (3) years of relevant multi-family residential real estate experience with a focus on the review and interpretation of property financial statements. Experience performing physical site inspections is preferred.

Other Requirements
Intermediate Excel and Word skills. Excellent analytical skills. Excellent verbal and written communication skills, coupled with the ability to maintain productive working relationships with all stakeholders. General knowledge of accounting, financing processes, and residential, multi-family property management best practices. Ability to collaborate in a team environment.

Work Environment
This position is based out of CAHEC’s corporate office in Raleigh, NC. Travel, typically by either commercial airline or automobile, is required for at least 25% of this position. Certain objectives require working on-site at various locations, such as properties in CAHEC’s investment portfolio, and some professional training opportunities may also require travel.

The position is classified as an exempt position.

Closing Coordinator

Community Affordable Housing Equity Corporation (CAHEC) is currently seeking candidates for a Closing Coordinator. The Closing Coordinator works closely with other members of Acquisitions & Risk Management and external partners to manage the flow of transaction documentation and to usher the closing process for proposed lower tier investments by CAHEC affiliated equity funds. This position oversees the collection and recording of due diligence, maintains and reports on closing schedules, assists in the packaging of due diligence for external reviews and approvals, maintains versioning control for closing agreements including the assembling and distributing of final agreements, and provides administrative support related to record management. The employment classification for this position is non-exempt.

Some specific functions include:

  • Manage file sharing platform for internal and external partners to provide and share closing due diligence.
  • Accurately record and catalogue due diligence for real estate and partnership closings.
  • Maintain closing checklists and due diligence files for closings.
  • Provide timely and accurate updates to closing team on the status of closing due diligence.
  • Assist internal team in the engagement of third-party vendors to review due diligence packages and provide background checks.
  • Track and maintain records, including minutes, for internal closing approvals.
  • Maintain version control for draft closing documents and circulate final agreements for execution.
  • Ensure documents and files are maintained in accordance with CAHEC’s document retention policies.

Education Requirement
An Associate Degree of Applied Science or Business Administration, or related field; or five years of comparable work experience. A Paralegal Certificate is preferred.

Work Experience
Minimum two years progressively responsible work experience in the administrative management of complex real estate transactions, mortgage loan closings, or investment partnership closings.

Knowledge, Skills, and Abilities
A proven ability to manage multiple, concurrent priorities with constantly changing priorities is required along excellent interpersonal and communication skills to coordinate closing schedules and obtain needed due diligence items. Demonstrated advanced proficiency with ShareFile or similar web-browser-based cloud storage application is required. Demonstrated proficiency with MS Word and Excel required.

Work Environment
This position is based out of CAHEC’s corporate office in Raleigh, NC. Certain objectives require working on-site at various locations, such as industry conferences and events at properties in CAHEC’s investment portfolio, and some professional training opportunities may require travel.

Compensation and Benefits: CAHEC is an equal-opportunity employer that offers a competitive compensation and benefits package.

Manager, Finance

Community Affordable Housing Equity Corporation (CAHEC) is currently seeking candidates for a Manager, Finance position. The Manager, Finance oversees the day to day operations of CAHEC’s accounting and cash management functions supportive of a professional corporate culture and work environment that reinforces the mission, goals, and objectives of CAHEC. The position is responsible for maximizing the return on financial assets by establishing financial policies, procedures, internal controls, and reporting systems. The position ensures legal and regulatory compliance for all financial reporting functions. The position utilizes advanced knowledge in accounting principles and practices in order to prepare consolidated financial statements and projections, and oversee cash management, and risk management for the department. The position directly supervises the Finance & HR Specialist and Treasury Specialist positions.

The employment classification or this position is exempt.

Specific functions include:

  • Manage the day to day operations of the Finance division which includes direct supervision of assigned department staff.
  • Prepare corporate budgets and review monthly financial statements in order to assist with forecasting.
  • Proactively develop, implement, and maintain accounting policies and procedures in accordance with Generally Accepted Accounting Principles (GAAP), industry trends, and best practices.
  • Oversee all accounting functions of CAHEC and its affiliated entities which includes general ledger, accounts payable, accounts receivable, notes receivable, and fixed assets.
  • Manage all financial transactions related to CAHEC loan programs which includes disbursements, interest and payoff calculations, and managing lines of credit.
  • Serve as the team lead and manage on-going working relationship with independent auditors which includes oversight of the annual audit process, and preparation of consolidated financial statements and tax returns.
  • Oversee all cash management functions of CAHEC and its affiliated entities.
  • Make recommendations for maximizing investments in accordance with CAHEC’s Investment Policy Statement.
  • Maintain relationships with financial advisors to maintain CAHEC financial investments per CAHEC’s Investment Policy Statement.

Education Requirement Bachelor’s degree in business, accounting, or finance; or an equivalent combination of education and comparable work experience.

Work Experience Minimum eight (8) years progressively responsible work experience in GAAP accounting. Minimum three (3) years progressively responsible work experience supervising and coaching direct reports.

Knowledge, Skills, and Abilities Proven ability to apply comprehensive knowledge of GAAP accounting and financing process and procedures while maintaining confidential information. Manage multiple, concurrent priorities such as performing cash management functions while maintaining productive working relationships and meeting department goals, objectives, and timetables. Demonstrate excellent interpersonal and communication skills (verbal and written), particularly for obtaining, organizing and accurately conveying information pertaining to fund and portfolio performance, and other tax credit matters to internal and external stakeholders.

Work Environment This position is based out of CAHEC’s corporate office in Raleigh, NC. Certain objectives require working on-site at various locations, such as industry conferences and events at properties in CAHEC’s investment portfolio, and some professional training opportunities may require travel.

Compensation and Benefits: CAHEC is an equal-opportunity employer that offers a competitive compensation and benefits package.

Manager, Lending

Community Affordable Housing Equity Corporation (CAHEC) is currently seeking candidates for a Manager, Lending position for CAHEC Capital, Inc. – a nonprofit Community Development Financial Institution (CDFI) that serves as the lending affiliate of CAHEC. CAHEC is a non-profit tax-credit syndicator based in Raleigh, NC that fosters healthy neighborhoods by raising equity capital and investing in affordable rental housing and community revitalization. Our portfolio comprises 700 assets in eleven states. CAHEC Capital promotes sustainable housing opportunities by providing flexible and affordable loan products to affordable housing developments financed by CAHEC.

The Manager, Lending is a CAHEC employee who serves as the primary liaison to CAHEC Capital, Inc. The position is responsible for strategic planning, budgeting, raising and deploying capital, and administering the operations of CAHEC Capital and other CAHEC lending programs. Operational oversight includes providing administrative and professional support to the Board of Directors of CAHEC Capital and coordinating and managing the efforts of key CAHEC employees and third-party providers who support CAHEC Capital’s activities. Based on experience and judgement, the position analyzes, evaluates, and presents recommendations regarding the financing and investment in complex real estate transactions.

The employment classification or this position is exempt.

Specific functions include:

  • Independently manage CAHEC Capital’s Loan Programs that are geared specifically toward affordable housing developers within the LIHTC industry.
  • Oversee day-to-day operations of CAHEC Capital and serve as liaison to CAHEC Capital’s independent Board of Directors.
  • Pursue business development opportunities to expand and enhance borrower relationships and lending opportunities.
  • Evaluate existing loan products and develop new opportunities that support community development and affordable housing.
  • Oversee lending program operations including loan production goals; design and implementation of new and updated financial products and services; portfolio management; loan policies and systems, reporting of the loan portfolio reporting; loan servicing, and business development.
  • Manage the entire loan closing process including coordination with internal departments, borrowers, and external legal counsel.
  • Maintain CAHEC Capital’s status as a certified CDFI including reporting requirements and serve as the lead for all future grant applications.
  • Maintain a quality CAHEC Capital Board of Directors and provide ongoing analysis of operations and lending activities.

Education Requirement
Bachelor’s degree in real estate, finance, business, city planning, or economics. Or, an equivalent combination of education and comparable work.

Work Experience
Minimum five (5) years progressively responsible work experience relevant to real estate financing and lending, including knowledge of underwriting and partnership law and taxation, the CDFI/community development financing industry, and/or Low Income Housing Tax Credits.

Knowledge, Skills, and Abilities
Working knowledge of lending including the loan functions of closing, servicing, reporting, and administration.
Proven ability of the following: seek and develop productive working relationships in order to promote and present complex lending products, negotiate complex transactions tactfully, analyze and develop complex financial lending models, and demonstrate advanced proficiency in Microsoft Word and Excel.

Work Environment
This position is based out of CAHEC’s corporate office in Raleigh, NC. Certain objectives require working on-site at various locations, such as industry conferences and events at properties in CAHEC’s investment portfolio, and some professional training opportunities may require travel.

Compensation and Benefits: CAHEC is an equal-opportunity employer that offers a competitive compensation and benefits package.