Asset Manager - Affordable Housing

Asset Manager / Director – Affordable Housing Location: Washington, DC–Baltimore or Atlanta, GA Employment Type: Full-Time About the Role Our client is seeking a senior-level Asset Manager (Director/VP track) to play a foundational role in building and scaling their affordable housing platform. This is not a maintenance-style asset management role—this individual will work directly with leadership to establish best-in-class policies, procedures, and asset management infrastructure as the portfolio grows. This is a hands-on, high-visibility position for someone who wants to be deeply engaged in their investments—not sitting behind a desk. The right candidate will be active in the field, regularly visiting assets, partnering with operators, and driving performance on the ground. This role offers a clear path for career progression alongside company growth , with the opportunity to step into broader leadership responsibilities over time. What You’ll Do Platform Buildout & Leadership Partner directly with executive leadership to build and refine asset management processes, reporting frameworks, and operational standards Help shape portfolio strategy and contribute to long-term business planning Drive Asset Performance Lead financial analysis including monthly reporting, variance analysis, and KPI tracking Oversee budgeting, forecasting, and reforecasts Identify and execute strategies to increase NOI and asset value Execute Business Plans Own asset-level strategies including lease-up, stabilization, repositioning, and long-term hold strategies Continuously track performance against underwriting and adjust execution as needed Proactively identify risks and implement solutions Active Asset Oversight (In the Field) Maintain a strong on-the-ground presence through regular site visits Partner closely with third-party property managers to drive leasing, operations, and resident experience Hold operators accountable to performance metrics and business plans Capital & Value Creation Develop and oversee capital improvement initiatives Ensure execution aligns with budget, timelines, and return expectations Compliance Oversight Ensure adherence to LIHTC, HUD, and other affordable housing regulations Oversee audits, reporting, and regulatory compliance processes Investor & Stakeholder Communication Prepare and deliver clear, concise reporting on asset performance Provide insights on risks, opportunities, and strategic decisions Transaction Support Support acquisitions, dispositions, and refinancing efforts Lead asset onboarding and transition execution Requirements What We’re Looking For 6–10+ years of asset management experience, with meaningful exposure to affordable housing Strong working knowledge of LIHTC, HUD, and related compliance frameworks Demonstrated ability to drive asset performance and execute business plans Experience managing and influencing third-party property management teams Highly analytical with strong financial modeling and Excel skills Willingness and interest in being in the field regularly (not a desk-only role) Bachelor’s degree in Finance, Real Estate, Business, or related field Preferred Background Experience within an owner/operator, private equity, or institutional platform Exposure to portfolio buildout or platform scaling Experience with redevelopment, repositioning, or value-add strategies Familiarity with regional housing agencies (DC, Maryland, Georgia) Why This Role Build something : Direct involvement in shaping the asset management platform from the ground up High visibility : Work closely with leadership and influence investment strategy Growth trajectory : Clear path to Director/VP-level leadership as the company scales Impact + performance : Combine strong financial returns with meaningful affordable housing impact #J-18808-Ljbffr Revalorizetalent