Regional Manager, Affordable Housing

It's 7:45 a.m. on a Monday and your inbox already has a message from a site manager about a failed REAC inspection notice, a question from another property's leasing team about a tenant income certification, and a payroll discrepancy flagged by HR. You haven't had coffee yet. That's the job.

What This Role Actually Covers

Asset Living, a national third-party management firm with a portfolio spanning multifamily, affordable housing, student housing, and build-to-rent communities, is hiring a Regional Manager to oversee a portfolio of affordable housing properties in the Atlanta area. This is an offsite leadership role, meaning your time is split between reviewing performance data, visiting sites, coaching on-site staff, and staying in front of compliance obligations before they become violations.

The affordable housing piece is the core of this role. You'll manage LIHTC compliance, monitor application and annual recertification processes, and ensure Section 8 policies are followed correctly across your portfolio. File reviews, physical inspections, and direct interaction with regulatory agencies are part of your regular rhythm. Compliance here isn't a checkbox. One missed annual recertification or a mishandled income qualification can carry consequences that reach the ownership level.

On the financial side, you'll own budget development, write monthly variance explanations for income and expense line items that drift off-plan, and track NOI performance across your sites. You'll also review and approve vendor invoices, monitor capex proposals, and make sure ownership financial reports close accurately and on time.

Personnel management is a significant part of this position. You'll hire, train, coach, and when necessary, counsel or terminate on-site staff using documented processes in coordination with HR. You'll approve timesheets, sign off on salary increase requests, and be the person your community managers call when something goes sideways at 9 p.m.

What the Right Candidate Brings

• Hands-on experience with LIHTC compliance, including tenant file reviews and annual recertification oversight
• Demonstrated ability to manage a multi-site portfolio, not just a single property
• Comfort reading a T-12 and writing a clear, accurate variance explanation
• Experience managing site staff through performance issues with proper documentation
• Working knowledge of Fair Housing and HUD/Section 8 requirements
• Ability to interact directly with regulatory agencies without escalating everything to a supervisor

What separates strong candidates in affordable housing regional roles from average ones usually comes down to compliance depth. Conventional multifamily experience transfers in many ways, but LIHTC and Section 8 have specific documentation and timing requirements that trip up managers who haven't worked inside them. If you've been a community manager at an affordable property and want to move into regional oversight, this kind of role is the typical next step. If you're already regional but in conventional housing, the transition is possible with the right foundation.

Asset Living operates as a fee management firm, which means you're accountable to ownership groups who expect accurate reporting, clean compliance records, and properties that perform. The work is real, the compliance pressure is real, and the after-hours calls happen. If that's a version of property management you know and can handle well, this is worth a closer look.