Regional Manager - LIHTC / Affordable Housing at Asset Living

Houston, Texas, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Real Estate, Property Management, Affordable HousingIndustries

Requirements

Experience in LIHTC (Low-Income Housing Tax Credit) and affordable housing management
Knowledge of company policies, procedures, safety guidelines, fair housing laws, and liability concerns
Ability to screen, hire, train, coach, and develop on-site staff using consistent techniques and company directives
Proficiency in financial management, including cost control, revenue improvement, leasing strategies, trend identification, and net operating income optimization
Skills in personnel oversight, performance management, documentation, counseling, evaluations, salary approvals, timesheet verification, and terminations in coordination with HR and superiors
Leadership capabilities to promote staff harmony, quality performance, compliance, and effective operations across leasing, maintenance, financial, administration, and risk management phases

Responsibilities

Oversee entire operations of a housing community portfolio, including personnel, leasing, maintenance, financial, administration, and risk management
Supervise all aspects of properties and staff to ensure compliance with company policies, procedures, safety, fair housing guidelines, and liability concerns
Screen, hire, train, coach, and develop on-site staff, ensuring effectiveness through ongoing training, coaching, counseling, and guidance per Asset training benchmarks
Address performance problems consistently: document issues, communicate with direct supervisor (Regional & Senior Vice President) and HR, and terminate when necessary
Prepare and approve salary increase requests for Community Manager and team members; sign off on site requests and ensure all counseling statements, evaluations, and salary requests are reviewed and delivered to HR
Approve timesheets, verifying accuracy of hours, vacation/sick time, and signatures
Achieve highest possible net operating income through effective cost control, revenue/leasing improvements, trend identification, and strategy recommendations/adjustments
Promote staff harmony and quality job performance through support, effective leadership, and ensuring compliance/consistency with company policies and procedures

Skills

LIHTC

Affordable Housing

Property Management

Multifamily Housing

Real Estate Management

Asset Living

Third-party property management for housing

About Asset Living

Asset Living specializes in managing various types of residential properties, including multi-family housing, campus housing, and affordable housing throughout the United States. The company provides a wide range of property management services, which encompass daily operations, maintenance, leasing, marketing, and financial management. This comprehensive approach helps property owners enhance their investments and achieve high occupancy rates. Unlike many competitors, Asset Living has a strong focus on diverse housing segments, allowing them to cater to different community needs effectively. With over 35 years of experience and a reputation for reliability, Asset Living aims to create thriving communities while delivering exceptional value to clients.

Houston, TexasHeadquarters

1986Year Founded

GROWTH_EQUITY_VCCompany Stage

Real EstateIndustries

501-1,000Employees

Risks

Rising interest rates may reduce demand for multi-family and affordable housing management.

Remote work trends could decrease demand for student housing management services.

Prefabricated construction trends may disrupt traditional property management models.

Differentiation

Asset Living is ranked No. 1 in student housing management for 14 years.

The company manages a diverse portfolio, including multi-family, student, and affordable housing.

Asset Living offers comprehensive property management services, enhancing client investment returns.

Upsides

Asset Living achieved a 95% occupancy rate in student housing, surpassing industry averages.

The company has a strong national presence, managing 100,000 units and 133,500 beds.

Asset Living's fundraising efforts align with social causes, enhancing its community reputation.

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