The Certified Housing Asset Manager is an advanced-level designation that teaches the skills needed to manage the long-term success of affordable housing properties and portfolios. Candidates are typically responsible for implementing asset management in their organizations or are planning a career move into the profession.
What You Will Learn
Evaluate the performance and cost of real estate assets.
Techniques for analyzing and managing properties and portfolios to optimize the contribution of the real estate to the owner’s goals (both financial and mission).
LIHTC topics, including investor return, adjusters, recapture and Year 15 disposition analysis.
Risk management strategies to prevent or manage problems.
The program concludes with a hands-on practicum where candidates develop an asset management plan for their own organizations.
Audience includes asset managers, portfolio managers, developers, property managers and individuals who supervise or oversee asset managers, such as CEOs and CFOs.
Learners could work at nonprofits, for-profits, syndicators, investors, lenders, Housing Finance Agencies, Public Housing Authorities and government.
How to Enroll - IMPORTANT!
This ENROLLMENT FACT SHEET (updated on 1/5/22) is updated regularly with the latest information on when, where and how to enroll for the Certified Housing Asset Manager classes. Check it out to plan out your course of study.
Prerequisites: The Asset Management Specialist designation and proficiency in Excel.
Candidates will take 4 courses to earn their CHAM designation:
Advanced Financial Tools for Asset Managers (AM321)
You will master a range of techniques to measure the profitability of multifamily real estate and options for refinancing a property’s debt. Dive into LIHTC issues and concepts.
All CHAM candidates are required to take a class in Low Income Housing Tax Credit compliance. You may take the NeighborWorks class How to Maintain Compliance in LIHTC Projects (AH211wk) or an approved equivalent from another provider.
Advanced Housing Asset Management (AM351)
This class will bring together all of the aspects of asset management covered through the CHAM curriculum. You will hone the full range of asset management skills needed to analyze each aspect of performance of portfolios and individual properties. You will develop an asset management plan for one of your properties.
Affordable Housing Development
Candidates are required to take a class that teaches the basics of affordable multifamily housing development or preservation. CHAM will provide a list of pre-approved options to meet this requirement in early 2022.
“CHAM started as an invaluable learning path to my career. I have been able to take what I learned from the curriculum to better the lives of those we serve. CHAM has been, and will continue to be, a great experience for me!”
– Janice Rausch, Asset Manager,