Asset Management Intern
RIHousing – Asset Management Intern
Salary - $20/hr
What we are all about:
We are seeking a dynamic professional to serve as an Asset Management Intern within our Leased Housing Department.
The multifamily asset management team oversees a wide range of affordable housing programs across Rhode Island, covering more than 300 sites and over 22,000 units. These programs include PBCA Section 8, Low Income Housing Tax Credit (LIHTC), HOME, 811, and several additional federal and state initiatives. In addition to providing oversight of these programs, RIHousing finances the development and rehabilitation of many affordable housing properties throughout the state.
While RIHousing does not directly manage these sites, our team monitors their financial performance, conducts physical inspections, audits tenant files, reviews rent‑increase requests, and ensures compliance with federal and state regulations to support long‑term financial sustainability. Our 17‑member team regularly visits properties to complete these responsibilities.
In this role, you will assist with analyzing the performance of the multifamily financed portfolio, conducting annual escrow analyses, supporting risk‑rating activities, and contributing to various financial monitoring tasks as needed.
This position is based in Providence, Rhode Island, where you will be an integral part of our Leased Housing team. This is a fully in-person internship, ideal for students who want to build skills while working side-by-side with our team.
This internship will run for 12 weeks, from June 1, 2026, to August 21, 2026, and will require up to 40 hours per week.
What you’ll do daily:
The Asset Management Intern will support the team by assisting with a variety of responsibilities, including:
- Monitoring the receipt of required financial submissions
- Calculating performance ratios and maintaining strong audit trails for documents and analyses
- Assisting with risk‑rating activities
- Performing annual escrow account analyses and entering results into internal systems
- Sending late notices to partners who are overdue on required submissions
Depending on the intern’s interests, they may also participate in onsite file reviews and unit inspections or assist with the annual audited financial statement review process.
How you will make an impact:
- Apply strong analytical skills to support a variety of financial reviews that help monitor the performance of the financed portfolio
- Communicate effectively with internal team members and external partners
- Use the asset management system (after training) to log required financial submissions, analyze performance data, and issue late notices when needed
- Use mathematical skills to learn and perform annual tax and insurance escrow analyses, ensuring adequate funds are available for upcoming obligations
- Demonstrate flexibility by completing administrative and reporting tasks accurately and on time
What success looks like in this position:
- Degree or working on a degree in: Accounting, Finance, Math, Economics, Political Science, Administration/Management, Human Services, or related field
- An interest in housing or nonprofits.
- Good verbal and written communication skills, along with good organizational and negotiation skills.
- Strong computer skills, including intermediate knowledge of Microsoft Word, Excel, and database software.
- An aptitude for math and attentiveness to detail.
Not sure if you meet all the qualifications? Let us decide!
Why RIHousing:
- Mission-Driven Organization
- Mentorship Program
- Lunch and Learn series
- Employee Recognition programs
- Dedicated Workforce
- Parking Stipend
- Medical/Dental/Vision/Life Insurance
- Paid Time Off
- Retirement Options
- Flexible Work Hours- If Position Eligible, Future Hybrid Work May Be Available
- Education Reimbursement
- Onsite Fitness Classes
- Volunteer Days
- Winner of “Best Places to Work” 2016, 2018, 2019, 2021 – 2025
- Greater Providence Chamber of Commerce Worksite Health Award 2013 – 2025
- PBN's Healthiest Employers of RI 2025
About RIHousing
RIHousing works to ensure that all people who live in Rhode Island can afford a healthy, attractive home that meets their needs. RIHousing provides loans, grants, education and assistance to help Rhode Islanders find, rent, buy, build and keep a good home. Created by the General Assembly in 1973, RIHousing is a self-sustaining corporation and receives no state funding for operations.