Regional Property Manager

Regional Property Manager – Louisville, KY

• Looking for a Regional Property Manager specializing in Project-Based Section 8 and the Low-Income Housing Tax Credit (LIHTC) program.
• Oversee affordable housing portfolios to ensure financial profitability, physical asset preservation, and strict regulatory compliance.
• Directs operations for a assigned portfolio of affordable housing communities.
• This leader supervises site teams, manages budgets, and serves as the primary liaison between ownership, staff, and regulatory agencies.
• Enforce program guidelines for HUD Project-Based Section 8 and IRS Section 42 LIHTC programs.
• Monitor file quality including annual recertifications, Tenant Income Certifications (TIC), and utility allowances.
• Lead audit preparation for Management and Occupancy Reviews (MOR), Real Estate Assessment Center (REAC) inspections, and state housing finance agency reviews.
• Develop annual budgets for each property within the assigned affordable housing portfolio.
• Analyze monthly variances to optimize Net Operating Income (NOI) while maintaining program affordability limitations.
• Approve capital expenses for major property improvements, modernizations, and emergency repairs.
• Monitor rent schedules and oversee HUD rent adjustment submissions (OCAF or Budget-Based).
• Supervise site staff including Property Managers, Maintenance Supervisors, and regional compliance specialists.
• Recruit and train personnel on affordable housing policies, fair housing laws, and safety protocols.
• Minimize portfolio vacancy by auditing marketing strategies, waitlists, and application processing turnarounds.
• Resolve escalation issues involving resident grievances, lease violations, or reasonable accommodation requests.
• Minimum 3 to 5 years of regional multi-site property management experience specifically within affordable housing.
• Bachelor’s degree in Business Administration, Real Estate, or a related field is preferred.
• Certifications & Technical Skills
• Affordable Housing Credentials: Required certifications such as Certified Occupancy Specialist (COS), Registered Apartment Manager (RAM), or Tax Credit Specialist (TCS).
• Advanced skill in industry-standard property management software.
• Ability to interpret complex financial statements and regulatory matrices.
• Strong written and verbal skills for negotiating with vendors and presenting to state agencies.
• Flexibility to travel frequently to conduct site inspections and staff audits.