Senior Regional Manager, Affordable Housing

The quarterly LIHTC file review is done, the regulatory agency follow-up is logged, and it's not yet 10 a.m. That's the pace of a Senior Regional Manager in affordable housing at Asset Living, where compliance deadlines and NOI targets move in parallel, not in sequence.

The Role

Asset Living is a third-party management firm ranked in the NMHC top 50, with a portfolio spanning multifamily, affordable housing, build-to-rent, student housing, and single-family rentals. This Senior Regional Manager position sits within their affordable housing division, based in Miami, and carries full operational accountability across a portfolio of communities. That means personnel, leasing, financial performance, maintenance oversight, administration, and risk management all fall under your watch.

On the compliance side, this role demands daily fluency in LIHTC and Section 8 requirements. You'll monitor LIHTC application pipelines and annual recertification cycles, conduct file reviews, perform semi-annual physical inspections, and maintain active working relationships with regulatory agencies. Equal Housing Opportunity and Affirmative Fair Housing adherence is non-negotiable, and you'll be the person ensuring your sites hold the line.

Financial management at this level means developing annual operating budgets, producing monthly written variance analysis for income and expense line items running over budget, and making capex recommendations that hold up under ownership scrutiny. The expectation is that you identify NOI trends early and bring a strategy with you, not just the problem.

Responsibilities and Qualifications

On the people side, you'll screen, hire, train, and develop on-site staff using Asset's established training benchmarks. Performance documentation, salary increase requests, timesheet approvals, and HR escalations are all yours to manage. The job requires consistency, especially when performance problems surface and corrective action is needed.

Leasing and marketing responsibilities include building annual marketing plans, evaluating your team's leasing technique, monitoring traffic and closure rates, and maintaining accurate reporting systems. Resident retention programs, complaint resolution, and move-in coordination round out the leasing scope. You'll also support emergency response protocols at the property level.

• Demonstrated experience managing LIHTC and/or Section 8 affordable housing portfolios
• Proven ability to oversee multi-site operations as an off-site supervisor
• Competency in budget development, financial reporting, and NOI management
• Working knowledge of Fair Housing law and regulatory compliance requirements
• Track record of hiring, coaching, and developing on-site property management teams
• Strong documentation habits for personnel matters and ownership reporting

One thing that separates strong candidates in this specific role: the ability to hold both compliance precision and financial performance in the same hand without letting one slip. Affordable housing regional oversight carries a heavier regulatory load than conventional multifamily. File deficiencies, missed recertification deadlines, or inspection failures can trigger agency findings that ripple far beyond a single property. Candidates who've managed through a regulatory audit or agency correspondence already know what that pressure looks like. That experience matters here more than portfolio size alone.

Miami's affordable housing market adds another layer. South Florida carries significant demand pressure, strict regulatory oversight, and a complex funding environment. Regional managers working this market deal with high occupancy alongside tight income qualification windows, which puts recertification accuracy at a premium.