Asset Manager

Vancouver Housing Authority

$90K — $131K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • BA in business, finance, accounting or related field; or 7 years of relevant experience and 3 years supervising staff.
  • 4 years of property management experience or related field.
  • Experience with HUD, Section 8, and low-income housing tax credits.
  • Knowledge of Fair Housing Laws and compliance.
  • Strong understanding of HUD regulations for subsidized housing occupancy and management issues.
  • Excellent communication skills, both oral and written, with diverse individuals.
  • Certified Property Manager (CPM) credential preferred.

Responsibilities

  • Monitor and optimize property operations across multiple portfolio properties.
  • Review financial reports, budgets, and recommend required changes.
  • Ensure compliance with HUD and LIHTC regulatory requirements and policies.
  • Develop and manage annual budgets and capital improvement plans.
  • Oversee contracts, vendor relationships, and HOA/Condo Association collaborations.
  • Address resident concerns and promote positive relationships.
  • Conduct site visits to ensure property maintenance and compliance.

Benefits

  • Eligibility for medical, dental, vision, life insurance, and disability insurance.
  • 5.58% employer contribution to WA PERS.
  • 12 company-paid holidays and generous paid vacation time.
  • Separate accrual for sick time.
  • Opportunity to engage in meaningful work addressing affordable housing and homelessness.
Full Job Description
Vancouver Housing Authority (VHA) is seeking a highly motivated Asset Manager for general management and oversight of VHA properties in the third-party managed portfolio by maximizing NOI in accordance with property budgets and policies, as well as minimizing individual property vacancies.

This position provides management, direction, and leadership to Property Managers and other assigned staff, ensuring properties are maintained and operated in accordance with VHA objectives and applicable regulatory requirements, including HUD and LIHTC.

Your skills and experience will support our mission as you:
  • Monitor and optimize property operations, including maintenance, capital improvements, rent collections, lease administration, budgeting, and marketing.
  • Review property financials, budgets, and variance reports; research discrepancies; recommend and implement approved changes. Prepare HUD documentation for renewals, rent adjustments, and utility analyses.
  • Ensure adherence to HUD, LIHTC, and other regulatory requirements for occupancy, leasing, inspections, and resident selection policies.
  • Develop and manage annual budgets and capital plans; evaluate cost efficiency and operational effectiveness across the portfolio.
  • Oversee vendor contracts and service agreements; manage HOA/Condo Association relationships, including budgeting and conflict resolution.
  • Address escalated resident concerns professionally; promote positive resident relations and satisfaction.
  • Conduct site visits; ensure preventative maintenance programs; maintain VHA standards for unit turns, curb appeal, amenities, and safety.
  • Ensure accurate data entry and record-keeping for all property-related information.
  • Assist with acquisitions, dispositions, and ongoing asset management strategies.
  • Provide regular reports and updates to the Director of Property Management.

Pay and Benefits
  • In compliance with the Equal Pay & Opportunities Act, the full salary range for this position is $90,949 - $131,876 per year DOE.
  • Full-time, exempt position working in-person/in-office.
  • Eligibility to enroll in our medical, dental, vision, life insurance, and disability insurance.
  • The benefits package also includes 5.58% paid into WA PERS by the employer, 12 company-paid holidays, and generous paid vacation time, as well as separate sick time accrual.
  • Meaningful work that addresses affordable housing and homelessness in our community.


Requirements

  • BA in business, finance, accounting, or related subject plus at least 4 years of related experience in property management or related environment, and a minimum of 1 year of supervisory experience in a housing environment. Alternatively, in lieu of education, 7 years of industry-related experience with a minimum of 3 years of experience supervising staff.
  • Experience working within HUD, Section 8, low-income housing tax credits, and other affordable housing requirements.
  • Working knowledge of Fair Housing Laws so that policies and actions are administered in compliance with Federal, State, and Local laws.
  • Thorough understanding through experience, education, and certification of all HUD regulations as stated in the HUD 4350.3 with regard to subsidized housing occupancy, management, re-certification, EIV, and MOR and REAC Inspections
  • Ability to communicate clearly in both oral and written forms with a diverse population.
  • Certified Property Manager (CPM) preferred.
  • Must have a valid driver's license and meet VHA auto insurance requirements.

A cover letter and resume are required when applying for this position. For more information on the Vancouver Housing Authority, please visit our website at www.vhausa.org . Please note that those candidates deemed to best match our requirements will be contacted for an interview. We do not discuss application status during the selection process. Applications will be reviewed on an ongoing basis until the position is filled.

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