Regional 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.

Direct operations for an 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.

Comp: $90-95K

Equal Opportunity Employer