Regional Manager

About Rainey Property Management

At Rainey Property Management, we live by a simple yet powerful belief: Desire to Inspire.

This core mission fuels everything we do—from the way we serve residents and empower our teams to how we contribute to the neighborhoods we manage.

We Inspire:

• Communication by fostering open, honest, and meaningful connections
• Better Homes through high-quality, welcoming living environments
• Kindness by leading with empathy, respect, and compassion in every interaction
• Community by strengthening the neighborhoods we serve
• Excellence through high standards, constant innovation, and impactful work

In the realm of property management, Rainey Property Management stands as a beacon of excellence. We offer a comprehensive range of services finely tuned to the distinct requirements of multifamily communities and affordable housing programs.

With an unwavering commitment to enhancing property values, maximizing returns, and fostering vibrant communities, we dedicate ourselves to delivering tailored solutions that not only meet but exceed the expectations of property owners.

At Rainey, we don’t just manage properties — we inspire change, build community, and create places people are proud to call home.

Regional Manager – Affordable Housing

Location: Remote - Overseeing our Central California Portfolio

Compensation: $95,000 - $105,000

Reports to: Regional Vice President

Position Summary

The Regional Manager plays a pivotal leadership role in overseeing the performance and operations of a portfolio of affordable housing communities. This individual will guide on-site teams, drive operational excellence, and ensure full compliance with affordable housing programs including LIHTC, HUD.

This position requires a results-driven leader with a deep understanding of multifamily operations, advanced knowledge of affordable housing compliance, and a commitment to supporting property teams through mentorship, accountability, and strategic planning. The Regional Manager will serve as a key decision-maker and change agent, ensuring all assigned properties meet or exceed operational, financial, and compliance goals.

Essential Functions

Operational Oversight

• Oversee the day-to-day performance of multiple affordable housing communities within the assigned region
• Conduct regular site visits and property inspections to evaluate operational effectiveness, curb appeal, maintenance conditions, and compliance
• Monitor rent collection, occupancy trends, lease renewals, budget adherence, and expense controls
• Lead the annual budget development process for each property and approve budget revisions as necessary
• Provide strategic input to site-level decisions, resolve operational issues, and support long-term performance goals

Financial Management & Performance Accountability

• Review and analyze financial reports, income statements, and variance reports monthly to drive financial performance and efficiency
• Develop action plans with Property Managers to address variances, delinquencies, and underperformance
• Approve and monitor large purchases, vendor contracts, and capital improvement plans in alignment with budgetary goals
• Ensure that occupancy goals, collection benchmarks, and NOI targets are consistently achieved

Leadership & Team Development

• Mentor and coach Property Managers and on-site teams to support high-performing, compliant, and service-driven property operations
• Participate in recruiting, interviewing, and training new site-level leadership, ensuring alignment with Rainey’s values and performance expectation