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Asset Manager Affordable Housing Jobs (NOW HIRING)

Asset Living

Regional Manager, Affordable Housing

Dallas, TX · On-site

$77K - $103K/yr

Asset Living's growing portfolio includes a multitude of properties across the country that span the multifamily, single-family home rentals, affordable housing, build-to-rent, active adult, and ...

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Asset Manager Affordable Housing information

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$35.5K

$94.1K

$164.5K

How much do asset manager affordable housing jobs pay per year?

As of Sep 4, 2026, the average yearly pay for asset manager affordable housing in the United States is $94,129.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,500.00 and $109,000.00 per year, depending on experience, location, and employer.

What is an asset manager in affordable housing?

An Asset Manager in Affordable Housing is responsible for overseeing the financial and physical performance of affordable housing properties within a portfolio. Their main tasks include monitoring property budgets, ensuring regulatory compliance, coordinating capital improvements, and maximizing the long-term value of assets while maintaining affordability. They work closely with property managers, investors, and regulatory agencies to ensure properties remain financially viable and meet all program requirements.

What are the key skills and qualifications needed to thrive as an asset manager in affordable housing?

To thrive as an Asset Manager in Affordable Housing, you need expertise in property and financial management, real estate analysis, and a strong understanding of affordable housing regulations, often supported by a degree in finance, real estate, or a related field. Familiarity with property management software, financial modeling tools, and compliance systems such as Yardi or HUD regulations is typically required. Outstanding organizational skills, attention to detail, and effective communication enable success in coordinating with stakeholders and ensuring regulatory compliance. These skills are crucial for maintaining property performance, meeting compliance standards, and maximizing value for both residents and investors.

What are some common challenges faced by asset managers in affordable housing, and how can they be addressed?

Asset Managers in affordable housing often navigate challenges such as maintaining property compliance with complex regulations, balancing financial performance with resident needs, and coordinating with multiple stakeholders like property managers, government agencies, and investors. Staying organized and proactive with regular property audits, clear communication, and ongoing training on compliance requirements can help mitigate these challenges. Building strong relationships with on-site teams and keeping up with changing policies are also key strategies for success in this role.

What is the difference between Asset Manager Affordable Housing vs Property Manager Affordable Housing?

AspectAsset Manager Affordable HousingProperty Manager Affordable Housing
Primary FocusFinancial performance and long-term asset valueDay-to-day operations and tenant relations
CertificationsReal estate or finance certifications often preferredProperty management licenses or certifications
Work EnvironmentOffice-based, strategic planningOn-site, tenant interaction
Employer & Industry UsageReal estate investment firms, housing authoritiesProperty management companies, housing authorities

While both roles are vital in affordable housing, the Asset Manager focuses on the financial health and long-term value of the property, whereas the Property Manager handles daily operations and tenant relations. Understanding these differences helps clarify career paths and job expectations in affordable housing management.

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Cities with the most Asset Manager Affordable Housing job openings:

What states have the most Asset Manager Affordable Housing jobs?

States with the most job openings for Asset Manager Affordable Housing jobs include:

What job categories do people searching Asset Manager Affordable Housing jobs look for?

The top searched job categories for Asset Manager Affordable Housing jobs are:

Asset Manager Affordable Housing jobs near you
Infographic showing various Asset Manager Affordable Housing job openings in the United States as of August 2026, with employment types broken down into 87% Full Time, 12% Part Time, and 1% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $94,129 per year, or $45.3 per hour.

Asset Manager - Affordable Housing

Revalorizetalent

Atlanta, GA • On-site

$90 - $125/hr

Other

Posted 17 days ago

Job description

Asset Manager / Director – Affordable Housing

Location: Washington, DC–Baltimore or Atlanta, GA

Employment Type: Full-Time

About the Role

Our client is seeking a senior-level Asset Manager (Director/VP track) to play a foundational role in building and scaling their affordable housing platform. This is not a maintenance-style asset management role—this individual will work directly with leadership to establish best-in-class policies, procedures, and asset management infrastructure as the portfolio grows.

This is a hands-on, high-visibility position for someone who wants to be deeply engaged in their investments—not sitting behind a desk. The right candidate will be active in the field, regularly visiting assets, partnering with operators, and driving performance on the ground.

This role offers a clear path for career progression alongside company growth , with the opportunity to step into broader leadership responsibilities over time.

What You’ll Do

Platform Buildout & Leadership

  • Partner directly with executive leadership to build and refine asset management processes, reporting frameworks, and operational standards
  • Help shape portfolio strategy and contribute to long-term business planning

Drive Asset Performance

  • Lead financial analysis including monthly reporting, variance analysis, and KPI tracking
  • Oversee budgeting, forecasting, and reforecasts
  • Identify and execute strategies to increase NOI and asset value

Execute Business Plans

  • Own asset-level strategies including lease-up, stabilization, repositioning, and long-term hold strategies
  • Continuously track performance against underwriting and adjust execution as needed
  • Proactively identify risks and implement solutions

Active Asset Oversight (In the Field)

  • Maintain a strong on-the-ground presence through regular site visits
  • Partner closely with third-party property managers to drive leasing, operations, and resident experience
  • Hold operators accountable to performance metrics and business plans

Capital & Value Creation

  • Develop and oversee capital improvement initiatives
  • Ensure execution aligns with budget, timelines, and return expectations

Compliance Oversight

  • Ensure adherence to LIHTC, HUD, and other affordable housing regulations
  • Oversee audits, reporting, and regulatory compliance processes

Investor & Stakeholder Communication

  • Prepare and deliver clear, concise reporting on asset performance
  • Provide insights on risks, opportunities, and strategic decisions

Transaction Support

  • Support acquisitions, dispositions, and refinancing efforts
  • Lead asset onboarding and transition execution
Requirements

What We’re Looking For

  • 6–10+ years of asset management experience, with meaningful exposure to affordable housing
  • Strong working knowledge of LIHTC, HUD, and related compliance frameworks
  • Demonstrated ability to drive asset performance and execute business plans
  • Experience managing and influencing third-party property management teams
  • Highly analytical with strong financial modeling and Excel skills
  • Willingness and interest in being in the field regularly (not a desk-only role)
  • Bachelor’s degree in Finance, Real Estate, Business, or related field

Preferred Background

  • Experience within an owner/operator, private equity, or institutional platform
  • Exposure to portfolio buildout or platform scaling
  • Experience with redevelopment, repositioning, or value-add strategies
  • Familiarity with regional housing agencies (DC, Maryland, Georgia)

Why This Role

  • Build something : Direct involvement in shaping the asset management platform from the ground up
  • High visibility : Work closely with leadership and influence investment strategy
  • Growth trajectory : Clear path to Director/VP-level leadership as the company scales
  • Impact + performance : Combine strong financial returns with meaningful affordable housing impact
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