About the Role
Oversee a rapidly growing Affordable Housing portfolio, manage team members, and ensure residents receive the highest level of customer service while maintaining compliance. This role requires a deep understanding of Affordable housing policies, HAP payment processes, and a commitment to social equity.
Responsibilities
- Oversee and manage the day-to-day operations of a diverse affordable housing portfolio, ensuring operational efficiency, resident satisfaction, and regulatory compliance.
- Ensure compliance with all local, municipal, state, and federal affordable housing regulations, including recertifications, leasing, occupancy, income verification, reporting, and file management requirements.
- Oversee compliance activities related to LIHTC, HOME, Project-Based Section 8, Housing Choice Voucher (Section 8), CityFHEPS, FHEPS, HASA, supportive housing, and other rental assistance and subsidy programs.
- Maintain a thorough understanding of all governing policies, procedures, and reporting requirements established by agencies including NYCHDC, HPD, NYCHA, NYSHCR, HUD, and other federal, state, and local regulatory entities.
- Prepare and review owner, investor, lender, syndicator, and agency reporting packages, including operational, financial, compliance, and occupancy reports.
- Coordinate compliance audits, management reviews, physical inspections, file reviews, and agency monitoring visits, ensuring timely corrective action and resolution of findings.
- Collaborate with property managers to optimize daily operations, implement financial strategies, control expenses, analyze monthly financial performance, and achieve portfolio goals.
- Proactively manage assigned communities through regular site visits, inspections, file audits, and operational reviews.
- Develop and implement compliance controls, procedures, and monitoring systems to mitigate risk and maintain audit readiness.
- Cultivate and maintain strong working relationships with government agencies, developers, investors, syndicators, lenders, nonprofit organizations, and other affordable housing stakeholders.
- Provide leadership, training, mentoring, and performance management to regional and site-level team members.
- Deliver effective leadership and foster a collaborative, high-performing work environment focused on accountability and continuous improvement.
- Be present in corporate offices and on-site communities as needed, with the ability to travel throughout the portfolio and effectively communicate with residents, staff, vendors, ownership representatives, and regulatory agencies.
- Collaborate across departments to achieve operational, financial, compliance, and resident service objectives.
Requirements
- Bachelor's or Master's Degree in Business, Real Estate, Finance, Accounting, Public Administration, Housing, Urban Planning, Psychology, or a related field required.
- Minimum of 7-10 years of affordable housing property management experience, including multi-site portfolio oversight.
- Strong working knowledge of HOME, Project-Based Section 8, Housing Choice Vouchers (Tenant-Based Section 8), CityFHEPS, FHEPS, HASA, supportive housing, Mitchell-Lama, Section 236, and other federal, state, and local affordable housing programs.
- Extensive experience administering and ensuring compliance with LIHTC programs.
- Affordable housing certifications preferred and/or required, including HCCP, C3P, COS, TCS, SHCM, or equivalent industry-recognized credentials.
- Demonstrated expertise interpreting and administering Regulatory Agreements, Extended Use Agreements, HAP Contracts, Regulatory Restrictions, and agency policies and procedures.
- Deep familiarity with affordable housing regulatory agencies including NYCHDC, HPD, NYCHA, NYSHCR, HUD, HCR, and related oversight entities.
- Demonstrated experience preparing, reviewing, and presenting compliance reports, occupancy reports, agency submissions, investor reporting packages, audit responses, and management review documentation.
- Proven success managing affordable housing compliance programs, agency audits, recertifications, lease-up activities, occupancy requirements, budgeting, staffing, risk management, and operational performance.
- Strong analytical skills with the ability to review compliance data, identify risks, implement corrective actions, and monitor portfolio performance.
- Excellent communication, presentation, and interpersonal skills, with the ability to build relationships across diverse stakeholder groups.
- Experience working with government agencies, community partners, advocacy organizations, and affordable housing stakeholders.
- Proficiency in Microsoft Office Suite and property management software platforms, including Yardi, and related affordable housing compliance systems.
- Valid NYS Real Estate License, or ability to obtain one within 120 days of employment.
- Work authorization required.
Skills
- Affordable Housing Compliance
- HAP Payment Processes
- Social Equity
- LIHTC
- HOME
- Project-Based Section 8
- Housing Choice Voucher (Section 8)
- CityFHEPS
- FHEPS
- HASA
- Supportive Housing
- Rental Assistance Programs
- Subsidy Programs
- NYCHDC
- HPD
- NYCHA
- NYSHCR
- HUD
- Regulatory Agreements
- Extended Use Agreements
- HAP Contracts
- Microsoft Office Suite
- Yardi
- Property Management Software
Location
- New York City
Work Type
- Onsite
- Hybrid
Experience Level
- 7-10 years
Education Level
- Bachelor's Degree
- Master's Degree
Salary/Compensations
- $160,000 - $180,000
Benefits
- Significant incentive pay
- Full benefits packages
About the Company
- Rose Associates' dynamic services platform spans development, management, leasing, and marketing, catering to private and institutional property owners globally.
- Established in 1925, Rose Associates boasts almost a century of New York real estate expertise, continuously expanding across the tri-state area.
- Rose Associates is where excitement meets opportunity!
