Vice President, Affordable Housing

1 month ago
Full-time
Lead
Operations
Asset Living

Asset Living

Asset Living specializes in third-party property management, focusing on multi-family, campus, and affordable housing, and is recognized for its commitment to excellence and tailored management solutions across the nation.

Real Estate
1K-5K
Founded 1986

Description

  • Oversee the full operations of an affordable housing portfolio, including personnel, leasing, maintenance, finance, administration, and risk management.
  • Screen, hire, train, coach, develop, and manage on-site staff in alignment with company directives and training standards.
  • Address performance issues, document counseling and evaluations, coordinate with HR and leadership, and support termination when necessary.
  • Approve timesheets and ensure payroll records, vacation time, sick time, and signatures are accurate.
  • Develop annual operating budgets and forecasts, monitor income and expenses, and recommend cost control and revenue strategies.
  • Review large project proposals and contracts, track work in progress, and provide capital improvement recommendations.
  • Monitor rent collection, deposits, expense management, procurement, and timely ownership financial reporting.
  • Develop annual marketing plans, leasing strategies, and resident retention programs to support occupancy and rent growth.
  • Resolve resident complaints and ensure leasing, certification, and recertification processes comply with affordable housing requirements.
  • Prepare for physical inspections, manage emergency response, oversee maintenance responsiveness, and ensure property appearance and repairs are completed promptly.

Requirements

  • Minimum of 2 years of experience with affordable housing programs, including at least one program such as LIHTC, HUD Project-Based Section 8, Section 236, PRAC, 811 PRA, USDA-Rural Development (515), HCD, HOME Funds, or Bonds.
  • Experience working as a Regional Manager in multifamily affordable housing operations is required.
  • Strong understanding of site-level operations, client engagement, and regional leadership.
  • Demonstrated success managing teams, supporting operational performance, and fostering client satisfaction across multiple properties.
  • Experience with budgeting, forecasting, and reporting processes.
  • Bachelor’s degree preferred; relevant property management operations experience may substitute for formal education.
  • Affordable Housing Accreditation such as HCCP, HCP-E, COS, BOS, or TCS is preferred but not required.
  • Industry certifications such as CAM, CAPS, CPM, or similar credentials are a plus.
  • This is a travel-based role with approximately 5% annual travel for property visits, conferences, training, or other business needs.
  • This is a safety-sensitive position and may be subject to additional compliance requirements.

Benefits

  • Washington pay range of $165,000 to $190,000 USD annually.
  • Opportunity to work for a fast-growing, nationally recognized real estate management firm.
  • Career growth opportunities within a large and expanding portfolio.
  • Work environment that emphasizes collaboration, leadership, and shared success.

Interested in this position?

Apply directly on the company website

Apply Now

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