REGIONAL MANAGER

JOB SUMMARY

TheRegional Manager is responsible for overseeing a portfolio of12-14 smaller unit count (15-170 units)affordable housing properties, ensuringstrong financial performance, regulatory compliance, and operational excellence. This role requiresstrategic leadership, data-driven decision-making, and a strong ability to build relationships with internal and external stakeholders.

Key areas of responsibility include:

• Financial Performance & Asset Management
• Regulatory Compliance & Risk Management
• Leasing & Occupancy Strategy
• Facilities Oversight & Capital Planning
• Tenant & Community Relations
• Team Development & Leadership

This position requiresa results-oriented leader who thrives in afast-paced, mission-driven environment while maintaining ahigh standard of operational efficiency and compliance.

ESSENTIAL FUNCTIONS

Financial & Business Strategy:

• Oversee thefinancial performance of each assigned property, ensuringbudget adherence, revenue growth, and cost control.
• Develop and executemarket strategies to maintain95%+ occupancy rates and optimize revenue.
• Monitor key performance indicators (KPIs) such asrent collection rates, delinquency trends, lease renewals, and financial variances.
• Prepare and presentmonthly, quarterly, and annual financial and operational reports to senior leadership.

Regulatory Compliance & Risk Management:

• Ensure100% compliance withLIHTC, HUD, USDA, and Fair Housing regulations.
• Lead and oversee allregulatory audits, inspections, and compliance reporting (e.g., SHRA, CTCAC).
• Implement and enforcerisk management strategies to mitigatelegal and financial liabilities.

Property & Facilities Oversight:

• Conductbi-weekly site visits to assess property conditions, curb appeal, and maintenance standards.
• Overseecapital improvement projects, working closely with vendors and contractors.

Leasing & Occupancy Management:

• Driveleasing strategies to maintain targetedoccupancy and retention rates.
• Overseemarketing initiatives for lease-ups and renewals.
• Collaborate with Community Managers to ensurehigh resident satisfaction and engagement.

Team Leadership & Development:

• Lead, coach, and mentor a team ofCommunity Managers and site staff.
• Develop and implementperformance management plans to drive employee success.
• Ensure appropriatestaffing levels at each community and oversee hiring, training, and retention strategies.

Stakeholder & Community Relations:

• Buildstrong relationships withresidents, community organizations, and external partners to enhance engagement.
• Serve as the primary liaison withgovernment agencies, investors, and housing authorities.
• Represent the company atindustry events, housing forums, and community meetings.

WORK ENVIRONMENT & PHYSICAL REQUIREMENTS

• Travel: Requires regularbi-weekly property visits and there may be a need for some periodic overnight travel.
• Physical Activity: Frequent standing, walking, bending, and occasional lifting (up to 30 lbs).
• Work Hours: Full-time, minimum40 hours per week, with occasional evenings and weekends as needed.

WHAT WE OFFER

• Competitivesalary based on experience.
• Comprehensivehealth, dental, and vision benefits.
• PTO, VACATION AND SICK TIME
• 403(B) with company match.
• Professional development opportunities and leadership training.

Qualifications

Required:

• 7+ years ofprogressive experience in Multifamily Property Management, including3+ years as a Regional Manager.
• 5+ years ofAffordable Housing (LIHTC, HUD, USDA) experience.
• Proven track record of managing propertyP&Ls, budgets, and financial performance metrics.
• Strong knowledge ofFair Housing laws, eviction processes, and local landlord-tenantlaws in California
• Experience instaff leadership, training, and professional development.
• Proficiency inproperty management software (Yardi preferably, or similar).
• ValidDriver’s License and ability to travel 50% of the time. Local area mostly.

Preferred:

• ARM, CPM, or CAM certification is a plus.