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Workforce Housing Jobs in Washington (NOW HIRING)

Corporate Controller

Bethesda, MD ยท On-site

$150K - $175K/hr

... Workforce Housing. Since 2002, we've earned a reputation as innovative, people-first experts in acquiring, redeveloping, and managing residential assets. As Acento continues to grow our portfolio, w ...

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Workforce Housing information

What is workforce housing?

Workforce housing refers to affordable housing options specifically designed for middle-income workers such as teachers, police officers, healthcare workers, and other essential employees who may not qualify for low-income housing but still struggle to afford market-rate homes. The goal is to provide safe, quality housing near employment centers to reduce commute times and improve quality of life. Workforce housing helps communities retain vital employees and supports local economies by ensuring that workers can live in the areas where they work.

What are the key skills and qualifications needed to thrive as a workforce housing manager, and why are they important?

To thrive as a Workforce Housing Manager, you need a solid understanding of property management, affordable housing regulations, and budgeting, typically supported by a degree in business, real estate, or a related field. Familiarity with property management software, compliance tracking systems, and Fair Housing regulations is often required. Strong interpersonal skills, problem-solving abilities, and effective communication are essential for coordinating with tenants, staff, and community partners. These skills and qualifications are crucial for ensuring operational efficiency, regulatory compliance, and positive tenant experiences in workforce housing communities.

What are some common challenges faced by professionals working in workforce housing, and how can they be addressed?

Professionals in workforce housing often encounter challenges such as balancing affordability with quality, navigating complex financing structures, and coordinating with various stakeholders including local governments, developers, and residents. Addressing these challenges requires strong project management skills, a solid understanding of housing policy and financing tools, and the ability to foster collaborative relationships. Staying informed about local regulations and trends, as well as engaging with community members early in the process, can help ensure successful outcomes and long-term project sustainability.

What is the difference between Workforce Housing vs Maintenance Technician?

AspectWorkforce HousingMaintenance Technician
Primary FocusProviding affordable housing solutions for essential workersPerforming repairs and maintenance on buildings and equipment
Work EnvironmentProperty management, residential or commercial complexesFacilities, residential buildings, industrial sites
Required CredentialsTypically none; experience in property management or housing is a plusTrade certifications, technical skills, sometimes HVAC or electrical licenses
Industry UsageReal estate, property management, affordable housing programsFacilities management, property maintenance, building services

Workforce Housing focuses on developing and managing affordable housing options for essential workers, while Maintenance Technicians are responsible for repairing and maintaining those properties. Both roles are essential in the housing and property management industry but serve different functions.

What are popular job titles related to Workforce Housing jobs in Washington?

For Workforce Housing jobs in Washington, the most frequently searched job titles are:

What cities in Washington are hiring for Workforce Housing jobs?

Cities in Washington with the most Workforce Housing job openings:

Senior Associate, Acquisitions & Investments

Acento Real Estate Partners

Bethesda, MD โ€ข On-site

$125K - $150K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 14 days ago


Key responsibilities

  • Manage the end-to-end due diligence process for acquisitions, coordinating legal, financial, environmental, and physical inspections.

  • Build and maintain financial models and pro formas, analyze operating statements, and prepare stress-test scenarios for investment review.

  • Support deal negotiations, structuring, and coordinate with legal counsel, with a pathway to independently run negotiations.


Job description

Acento Real Estate Partners, headquartered in the Washington, DC metro area, is a leading property operations and investment management company, focused on delivering exceptional service to multifamily communities in Hispanic markets and Workforce Housing. Since 2002, weโ€™ve earned a reputation as innovative, people-first experts in acquiring, redeveloping, and managing residential assets.

We believe diversity is a strengthโ€”and our workforce, residents, and partners reflect the vibrant, inclusive communities we build. Through value-driven strategies and a commitment to service, Acento Real Estate Partners is redefining the standard for residential property management.

Acento Real Estate Partners is expanding our Acquisitions team to support the deployment our new fund's capital into workforce housing and we are looking for a Senior Associate for the Acquisitions amp; Investments team. This newly created role is designed to build execution capacity: taking direct ownership of underwriting and due diligence on a defined share of the live pipeline and developing into a second team member capable of running deal negotiation and structuring alongside the VP.

Key Responsibilities
Financial Analysis amp; Underwriting
  • Independently build and maintain acquisition models and pro formas, including income growth assumptions, expense benchmarking, capex modeling, tax analysis, and exit scenario analysis
  • Analyze historical operating statements to identify trends, anomalies, and value-creation opportunities
  • Prepare and stress-test financial models for Investment Committee review
  • Validate underwriting assumptions against current market rent, occupancy, and comparable data
  • Develop and maintain sensitivity analyses and scenario models for active deals
Transaction Management amp; Due Diligence
  • Independently manage the end-to-end due diligence process โ€” from LOI execution through closing โ€” on an assigned share of the pipeline, coordinating legal, financial, environmental, and physical inspection workstreams
  • Assemble and quarterback due diligence teams and third-party consultants
  • Order, review, and verify due diligence documentation, third-party reports, rent rolls, and operating statements
  • Track loan terms, milestones, and lender requirements throughout the transaction lifecycle
  • Track deal milestones, deadlines, and outstanding items using internal pipeline tools
Risk Management | Support Role
  • Support the VP (Lead) and Associate on the firm's insurance/climate risk matrix and market-risk data; flag material findings during underwriting and diligence
Deal-Making amp; Support
  • Participate in negotiations, structuring, and PSA/counsel coordination alongside the VP, with a path toward running negotiations independently
Property Operations amp; Reporting
  • Own the post-acquisition handoff: build and deliver a structured transition packet to asset and property management at closing
  • Prepare investment memos and IC presentations synthesizing due diligence, market data, and financial analysis
What you will bring along
  • 4โ€“7+ years in real estate acquisitions, investment banking, or private equity; multifamily or workforce housing exposure preferred
  • Demonstrated ability to independently run due diligence and underwriting on institutional-quality deals from LOI through closing
  • Strong Excel modeling skills (pro formas, sensitivity analysis, waterfall/return modeling); working knowledge of RedIQ, RealPage, or similar platforms
  • Experience reviewing PSAs and coordinating with legal counsel; excellent communication skills, comfortable presenting to an Investment Committee
  • Bachelor's degree required; willingness to travel for property tours, broker meetings, and market-facing events

We Take Care of Our People โ€“ we offer competitive salary amp; employee benefits
  • Base salary: $125,000โ€“$150,000, commensurate with experience, plus performance-based incentive bonus
  • Medical, dental, and vision insurance with Health Reimbursement Account (HRA) partially paid by employer
  • ๏ธEmployer paid short amp; long-term disability + life insurance
  • 18 days Paid time Off
  • 11.5 days Paid Holidays
  • Employee Assistance Plan (EAP)
  • 401(k) with 4% employer match