Regional Manager, Affordable Housing

Company Overview

Asset Living is a third-party management firm and a proven partner in fostering thriving communities nationwide. Founded in 1986, Asset Living has decades of experience delivering exceptional value to our partners. Since the beginning, our undeniable passion has driven our organic growth from a small property management firm to one of the most trusted allies in real estate. Asset Living's growing portfolio includes a multitude of properties across the country that span the multifamily, single-family home rentals, affordable housing, build-to-rent, active adult, and student housing divisions.   

Asset Living is a fast-growing company made up of talented individuals from diverse backgrounds that differentiate us and help us drive innovation and results for our clients and communities across the US. At Asset Living, we wholeheartedly believe 'Together We Lead, Together We Succeed. We empower each other to lead by example, collaborate, and evolve – inspired by our belief that we can continually improve as individuals and as an organization. Together, we create an environment where every voice is heard, every idea is valued, and every individual experiences opportunities to grow as our company grows. When you join Asset Living, you become part of a dynamic team that thrives on unity, unique talents, and a universal culture of winning.    

Recognized as one of the nation's Best and Brightest Places to Work and ranked in the NMHC top 50 professionals, join Asset Living because of its reputation as the most trusted partner in real estate, workplace culture, and growth opportunities. Asset Living is a member of The Institute of Real Estate Management (IREM) and is recognized as an Accredited Management Organization (AMO). Together, we lead the way, and together, we achieve excellence in all that we do. Join a workplace where success is a collective journey and leadership is a shared responsibility.   

Regional Manager, Affordable Housing

The Regional Manager, Affordable Housing is responsible for overseeing the operations of a portfolio of affordable housing communities. This offsite leadership role manages all phases of operations, including personnel, leasing, maintenance, financial performance, administration, compliance, and risk management. The Regional Manager ensures properties operate in accordance with Asset’s policies and procedures, safety standards, fair housing regulations, and applicable regulatory requirements.

Essential Duties & Responsibilities

Affordable Housing & Regulatory Compliance

• Ensure compliance with Equal Housing Opportunity and Affirmative Fair Housing laws.

• Oversee adherence to LIHTC and/or Section 8 program requirements.

• Monitor LIHTC applications and annual recertifications.

• Ensure compliance with regulatory and funding requirements, contracts, and reporting obligations.

• Conduct file reviews, physical inspections, and coordinate with regulatory agencies.

• Perform required semi-annual inspections.

Personnel Management

• Recruit, hire, train, coach, and develop on-site staff in alignment with company standards.

• Provide ongoing performance management, including counseling, documentation, and corrective action in coordination with the Regional & Senior Vice President and Human Resources.

• Review and approve salary recommendations, evaluations, and personnel documentation prior to submission to Human Resources.

• Approve timesheets and ensure accuracy of reported hours, leave time, and documentation.

• Foster a collaborative work environment that promotes accountability, performance excellence, and compliance with company policies.

Financial Management

• Maximize net operating income through effective cost control, revenue optimization, and leasing performance.

• Develop and manage annual operating budgets and forecasts.

• Analyze monthly financial statements and provide written explanations for significant budget variances.

• Recommend capital improvements and oversee major projects and vendor contracts.

• Ensure timely reconciliation of deposits, rent collections, charges, and vendor invoices.

• Oversee accurate and timely property closeouts and ownership financial reporting.

Strategic Leasing & Resident Relations

• Develop and implement annual marketing plans and leasing strategies.

• Support rental growth and occupancy goals through effective pr