Regional Property Manager Job at Confidential, Framingham, MA

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  • Confidential
  • Framingham, MA

Job Description

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.

Key Responsibilities

  • 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; implement corrective action plans as needed.
  • 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.

Qualifications

  • 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.
  • Strong leadership, communication, and problem-solving skills.
  • Certifications such as HCCP, COS, or CPM preferred.

Key Competencies

  • Affordable Housing Compliance Expertise
  • Financial & Operational Management
  • Team Leadership & Development
  • 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.

Job Tags

Contract work, Remote work

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