Position: Assistant Vice President (AVP) - Regional (Tax Credit)
Location: Regional - Travel Required
Reports To: Vice President (VP)
Industry: Multifamily Property Management | Affordable Housing / LIHTC
Job Type: Full-Time | Must be available for occasional weekend needs
Position SummaryThe Assistant Vice President (AVP) is a key leadership role within SunRidge's Residential Management operations. This position oversees multiple apartment communities, focusing on occupancy, expenses, collections, leasing, compliance, and team development. The AVP serves as the primary link between on-site teams and senior leadership, ensuring communities meet owner objectives and SunRidge's operating philosophy of long-term growth and net operating income.
Previous hands-on experience working at or supervising properties with Tax Credit (LIHTC), HUD Section 8, and affordable housing programs is required.
Key Responsibilities:Operational Oversight- Organize, direct, and manage operations of multiple communities in alignment with SunRidge policies and owner objectives.
- Ensure compliance with Fair Housing, Section 42 LIHTC, HUD Section 8, ADA, and health and safety requirements.
- Conduct weekly and monthly property inspections to evaluate leasing, collections, resident relations, and staff performance.
- Stay informed about affordable housing regulations and ensure on-site compliance.
Financial Management- Prepare annual property budgets with detailed assumptions and owner approval.
- Review monthly financials, delinquency reports, and variance reports, recommending corrective actions.
- Approve invoices, purchase orders, and replacement expenditures within contract limits.
- Monitor collections, approve security deposit dispositions, and manage eviction proceedings as necessary.
- Re-bid recurring contracts every 12 months to ensure cost-effectiveness.
Team Leadership- Recruit, train, and mentor on-site managers and staff to create motivated, high-performing teams.
- Set clear objectives for marketing, collections, leasing, and operations.
- Conduct annual performance reviews and coordinate salary administration.
- Provide ongoing training in compliance, marketing, systems, and maintenance best practices.
Leasing & Marketing- Review weekly leasing and marketing reports; recommend rent adjustments and specials to maintain competitiveness.
- Analyze traffic and capture rates; provide improvement strategies.
- Approve rental rate changes or concessions with VP authorization.
- Coordinate property marketing, signage, and advertising efforts.
Resident Relations & Compliance- Ensure HUD and LIHTC compliance, including eligibility, income requirements, utility allowances, and rent updates.
- Maintain and audit HUD files, ensuring accuracy and adherence to program guidelines.
- Identify households with income-reporting discrepancies and implement corrective measures.
- Foster positive resident relations through effective on-site staff leadership.
Qualifications- 3-5 years of experience in multifamily property management, including hands-on experience working at or supervising properties with Tax Credit (LIHTC), HUD Section 8, and affordable housing programs.
- Strong leadership and organizational skills with the ability to motivate teams.
- In-depth knowledge of Fair Housing laws, HUD Section 8, Section 42 LIHTC, affordable housing compliance requirements, and Texas Property Code.
- Experience with financial oversight, budget management, and compliance audits.
- Proficiency in property management systems (OneSite/Yardi) and Microsoft Office Suite.
- Excellent written and oral communication skills.
- Ability to multitask in a fast-paced, regional oversight role.
Work EnvironmentFull-time, regional position requiring frequent property visits and occasional weekend availability.
Travel and/or relocation may be required depending on portfolio geography.
Physical Requirements- Ability to conduct property inspections, walk communities, climb stairs, and perform property operations tasks.
- Must hold a valid driver's license and have reliable transportation.
Why Join Us?- SunRidge offers a comprehensive benefits package including:
- Enjoy opportunities for professional growth and development within a supportive culture.
- Access to benefits including low-cost health, dental, and vision insurance, life and disability coverage.
- Voluntary wellness plans (critical illness, accident, hospital indemnity)
- Employee Assistance Program
- Access to Financial Planning Resources and Employer-Matched 401(k) Plan
- PTO & Sick Time, Paid Holidays, Birthday Leave, Work Anniversary Leave
Join the SunRidge TeamIf you're a motivated, detail-oriented leader with a strong background in affordable housing and tax credit compliance, we want to hear from you. Apply today and help us continue building thriving communities where people are truly our greatest strength.
