Market Incentives Asset Manager

Market Incentives Asset Manager

Salary

$47.39 - $55.19 Hourly

Location

Seattle Municipal Tower, 700 5th Ave., Seattle, WA

Job Type

Classified Civil Service, Regular, Full-Time

Job Number

2026-00911

Department

Office of Housing

Opening Date

07/13/2026

Closing Date

7/28/2026 4:00 PM Pacific

• Description
• Benefits
• Questions

Position Description

THE OFFICE

Seattle's Office of Housing (OH) works to build strong, healthy communities and increase opportunities for people of all income levels to live in our city. Our initiatives help stimulate housing development, allowing families to thrive and neighborhoods to provide a full range of housing choices and opportunities.

In support of this mission, the Office of Housing administers programs that finance the production and preservation of affordable housing as well as programs that incentivize private developers to produce affordable housing within mixed-income properties.

THE JOB

We are recruiting for a Market Incentives Asset Manager to join the Asset Management Unit. We are looking for applicants who are personable and accountable and want to help provide people with affordable housing and stability. Your work will shift between asset management and compliance, depending on workload.

Job Responsibilities

Your top priorities in this role will be:

• Reviewing annual reports of affordable housing projects for contractual compliance, with particular focus on rent and income restrictions, household eligibility, and unit set-asides. Annual report reviews culminate in a compliance summary and may include follow-up correspondence and notices of corrective actions as needed. This priority includes a periodic audit of tenant files.
• Developing and maintaining asset management policies and procedures in collaboration with internal and external stakeholders to ensure long-term program viability and program compliance.
• Providing training and technical assistance to property managers and owners to strengthen compliance and asset management practices, and providing technical assistance to tenants.

You will be effective in this role with a combination of the following knowledge and experience:

• Technical expertise in affordable housing programs such as the federal Low- Income Housing Tax Credit, Multifamily Tax Exemption Program (MFTE), and other funding HOME, Section 8, and other funding programs.

• Experience in property management, asset management, community development, compliance monitoring, or real estate.

• Knowledge of Washington State Tenant Landlord Law.

You will be most successful in this role with a combination of the following skills and abilities:

• Clear and professional written and oral communication.
• Contract administration and contract management.
• Interpersonal and negotiation skills.
• Ability to work effectively with team members, coworkers, industry colleagues, building owners/managers, and community members.
• Ability to take initiative, work well independently, and use reliable judgment in difficult situations.
• Ability to maintain professionalism and diffuse tense situations.
• Computer literacy and a working knowledge of Word, Excel, Outlook and SharePoint.

Qualifications

In addition to the qualities mentioned above, you will need to possess the below required qualifications (or a combination of education and/or experience and/or training which provides an equivalent background required to perform the work of the class):

• Two years of progressively responsible experience in affordable housing compliance monitoring, property management, real estate, program management, planning, research, architecture, or a related field
• Bachelor's Degree in business or public administration, urban planning, architecture, or a related field

OR

• Three years of progressively responsible experience in affordable housing compliance monitoring, property management, real estate, program management, planning, research, architecture, or a related field
• Associate Degree in business or public administration, urban planning, architecture, or a related field

OR

• Four years of progressively responsible experience in affordable housing compliance monitoring, property management, real estate, program management, planning, research, architecture, or a related field

Additional Information

This full-time (1.0 FTE) civil service position is eligible for overtime, is classified as a Community Development Specialist BU, and is governed by a collective bargaining agreement between the City and the union, PROTEC17 - Professional Unit.

Pay: The full pay range for this step-progression position is $47.39 - $55.19 per hour. New employees typically begin at Step 1 of the pay progression, which is $47.39 hourly. Current City employees' starting rate of pay will be based on Personnel Rules regarding promotions.

Working Schedule: This position offers the flexibility of a hybrid work schedule. Employees will be expected to be in-office three times a week. This position will require the ability to work a flexible schedule, as there may be occasional travel that is required. Individual schedules will be based on agreement between the employee and their supervisor.

Hiring Timeline: First round interviews for this position are tentatively scheduled for the week of August 17-21, 2026.

Accommodations: We will ensure that individuals with disabilities are provided with reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact Sandra Wong at Sandra.Wong@seattle.gov to request accommodation.

Benefits: The City of Seattle offers a comprehensive benefits package including vacation, holiday, and sick leave as well as medical, dental, vision, life and long-term disability insurance for employees and their dependents. More information about employee benefits is available on the Citys website at: https://www.seattle.gov/human-resources/benefits. Please select an option under the heading "Most Employee Benefits."

Why Work at the City? At the City of Seattle, public service is more than a job; it's a chance to shape the future and make a meaningful difference in the lives of everyone who works, lives, or plays in our city. With 12,000 employees across 40+ departments and 1,100 job titles, we are united by a common purpose: to create a Seattle that is vibrant and welcoming for all. Whatever your role, you'll help power a forward-looking city that leads by example - inclusive, innovative, equitable, and community-focused - while joining a diverse team committed to solving challenges and making a lasting impact together. Join us in building a Seattle where everyone thrives!

Application Process:

Please submit your application at https://www.governmentjobs.com/careers/seattle no later than 4:00 PM Pacific Time on Tuesday, July 28, 2026. To be considered for this position, in addition to completing your application fully, please attach:

• A PDF of your current resume
• A cover letter clearly describing how your knowledge, skills, and abilities prepare you for the job responsibilities and qualifications outlined in this job announcement.

Incomplete applications will not be considered.

The City of Seattle offers a comprehensive benefits package including vacation, holiday and sick leave as well as medical, dental, vision, life and long-term disability insurance for employees and their dependents.

More information about employee benefits is available on the Citys website at:

Benefits - Human Resources | seattle.gov

01

Tell us about your experience in reviewing annual reports of affordable housing projects for contractual compliance.

02

Tell us about your experience in developing and maintaining asset management policies and procedures where you had to work with both internal and external stakeholders.

03

This position offers the flexibility of a hybrid work schedule. Employees will be expected to work in-office a minimum of three days a week. Individual schedules will be determined between you and your supervisor. Please confirm your understanding and ability to meet the needs of this role.

• Yes
• No

04

To be considered for this position, your application must be complete. Did you attach a cover letter and resume to this application?

• Yes
• No

Required Question

Employer City of Seattle

Address Seattle Municipal Tower

700 5th Avenue, Suite 5500

Seattle, Washington, 98104

Website http://www.seattle.gov/jobs