Regional Property Manager / Director
Confidential, Framingham, MA, United States
Job Title: Regional Property Manager – Affordable Housing (LIHTC & Project-Based Section 8) Position Summary
The Regional Property Manager is responsible for the operational, financial, and compliance performance of a portfolio of affordable housing communities, including LIHTC and Project-Based Section 8 properties. This role provides leadership to on-site teams, ensures regulatory compliance, and drives asset performance while maintaining high standards of resident satisfaction and property integrity.
Oversee day-to-day operations of a regional portfolio of affordable housing assets, ensuring properties meet financial, occupancy, and operational goals.
Ensure full compliance with
LIHTC, HUD, and Project-Based Section 8 regulations
, including income certifications, recertifications, audits, and reporting requirements. Monitor property performance through financial reporting, budget variance analysis, and KPI tracking; Develop, implement, and manage annual operating budgets and capital improvement plans in collaboration with asset management and ownership. Supervise, train, and mentor Property Managers and on-site teams, fostering a culture of accountability, compliance, and high performance. Lead property audits and inspections, ensuring readiness for state agency reviews, investor audits, and HUD inspections (REAC/NSPIRE). Partner with compliance teams to ensure accurate file reviews, lease-up strategies, and adherence to affordability restrictions. Drive occupancy and leasing performance by implementing effective marketing and outreach strategies aligned with affordable housing guidelines. Oversee vendor relationships, contract negotiations, and service delivery to ensure cost efficiency and quality property maintenance. Support acquisition, disposition, and repositioning efforts, including due diligence and transitions for new affordable housing assets. Bachelor’s degree in Business, Real Estate, or related field (or equivalent experience). ~5+ years of property management experience with at least 2+ years overseeing
affordable housing portfolios
. ~ Strong knowledge of
LIHTC, HUD, and Project-Based Section 8 programs
. ~ Experience with compliance software (e.g., Yardi, RealPage, OneSite) and financial reporting tools. ~ Proven ability to manage multiple properties and teams across a regional portfolio. ~ Affordable Housing Compliance Expertise Financial & Operational Management Regulatory Knowledge & Audit Readiness Strategic Planning & Execution Resident-Centered Approach Work Environment & Travel Regional role requiring regular travel (25–50%) to property sites. Combination of remote work and on-site property visits.
LIHTC, HUD, and Project-Based Section 8 regulations
, including income certifications, recertifications, audits, and reporting requirements. Monitor property performance through financial reporting, budget variance analysis, and KPI tracking; Develop, implement, and manage annual operating budgets and capital improvement plans in collaboration with asset management and ownership. Supervise, train, and mentor Property Managers and on-site teams, fostering a culture of accountability, compliance, and high performance. Lead property audits and inspections, ensuring readiness for state agency reviews, investor audits, and HUD inspections (REAC/NSPIRE). Partner with compliance teams to ensure accurate file reviews, lease-up strategies, and adherence to affordability restrictions. Drive occupancy and leasing performance by implementing effective marketing and outreach strategies aligned with affordable housing guidelines. Oversee vendor relationships, contract negotiations, and service delivery to ensure cost efficiency and quality property maintenance. Support acquisition, disposition, and repositioning efforts, including due diligence and transitions for new affordable housing assets. Bachelor’s degree in Business, Real Estate, or related field (or equivalent experience). ~5+ years of property management experience with at least 2+ years overseeing
affordable housing portfolios
. ~ Strong knowledge of
LIHTC, HUD, and Project-Based Section 8 programs
. ~ Experience with compliance software (e.g., Yardi, RealPage, OneSite) and financial reporting tools. ~ Proven ability to manage multiple properties and teams across a regional portfolio. ~ Affordable Housing Compliance Expertise Financial & Operational Management Regulatory Knowledge & Audit Readiness Strategic Planning & Execution Resident-Centered Approach Work Environment & Travel Regional role requiring regular travel (25–50%) to property sites. Combination of remote work and on-site property visits.