VP Affordable Housing Operations
Overview
You will own the full operational portfolio of affordable housing communities across the Pacific Northwest, driving compliance with LIHTC, HUD, and USDA programs. You lead a team of property managers and site staff, reporting directly to the Senior VP. Your mandate covers financial performance, resident satisfaction, and regulatory audits, all within a company known for its collaborative leadership. This role stands out for its blend of strategic oversight and hands-on mentorship, demanding both financial acumen and deep knowledge of affordable housing regulations.
What You'll Do10
- 1Screen, hire, and mentor on-site property staff, building a culture of accountability and quality in LIHTC and HUD communities.
- 2Drive net operating income by controlling costs, implementing revenue strategies, and adjusting tactics based on monthly budget variance analysis.
- 3Develop annual operating budgets and forecasts, presenting monthly financial evaluations to leadership and clients.
- 4Design and execute a yearly marketing plan, boosting occupancy and rental growth while ensuring leasing teams convert prospects and retain residents.
- 5Coordinate with the Compliance team to ensure lease files, certifications, and recertifications meet HUD and LIHTC deadlines and accuracy.
- 6Prepare properties for physical inspections under NSPIRE standards, addressing any deficiencies promptly.
- 7Oversee maintenance and construction projects, ensuring quality and timely completion through vendor management and unit walkthroughs.
- 8Resolve resident complaints and implement retention programs, such as community events and newsletters, to enhance satisfaction.
- 9Respond to property emergencies, coordinating staff and resources to minimize liability and maintain safety.
- 10Monitor all administrative reporting and lease documentation, ensuring accurate and timely submission to regional and corporate teams.
Requirements7
- 12+ years managing affordable housing programs, including LIHTC or HUD (Project-Based Section 8, Section 236, PRAC, 811 PRA).
- 2Proven experience as a Regional Manager in Multifamily Affordable Housing, overseeing multiple properties with strong client relations.
- 3Track record of leading teams and driving operational performance across a portfolio of affordable properties.
- 4Demonstrated skill in budgeting, forecasting, and financial reporting for real estate operations.
- 5Ability to travel approximately 5% of the year for property visits and conferences.
- 6Familiarity with USDA Rural Development, HOME Funds, and Bonds is a plus.
- 7Preferred certifications: HCCP, HCP-E, COS, BOS, TCS, CPO, CAM, CAPS, or CPM.
Salary Insight
Salary not disclosed in listing
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