Affordable Housing Asset Manager

Tredway; United States; On-site; USD 150,000 - 200,000; Full time

Job description

Company Overview: Tredway is a leader in the affordable housing industry, dedicated to investing in and developing properties that provide quality housing solutions. Our mission is to create and manage sustainable housing communities that contribute positively to the neighborhoods we serve.

Position Summary: The Associate will play a critical role in the ongoing oversight and performance evaluation of the company’s portfolio. This position supports strategic decision-making through financial analysis, reporting, and coordination with property management and development teams to ensure each asset performs in alignment with business plan objectives, regulatory requirements, and social impact goals.

Key Responsibilities:

Reporting

•Monitor and analyze operational, financial, and business plan performance by reviewing rent rolls, financial statements, budget variances, and reports surrounding leasing, collections, legal, and violations.

•Monitor key performance indicators (NOI, occupancy, DSCR, capital reserves, etc.) and proactively develop strategies to manage expenses and optimize value.

•Prepare and ensure timely delivery of reporting and analysis to partners, lenders, and external stakeholders.

•Maintain asset management reporting and internal trackers, evaluating and presenting property-level and business plan performance to leadership.

•Collaborate with operating and joint-venture partners on respective responsibilities.

Operations

•Conduct regular site visits and manage third party property managers and site staff on day-to- day operations while evaluating operations, compliance and maintenance needs.

•Help oversee the initial capital renovation plans for the portfolio

•Prepare construction and operational requisitions, track and manage reserve requests.

•Develop, implement, and monitor operational procedures and best practices to improve property performance.

•Coordinate with Property Managers to respond to agency audits, inspections (NSPIRE), and investor or lender reviews.

Strategic Initiatives

•Oversee implementation of initiatives and strategies across Tredway’s diverse portfolio of affordable housing assets that benefit from Project Based Section 8, other forms of project-based and tenant voucher rental subsidy, LIHTC, and/ or other forms of federal, state, or local subsidy.

•Support and execute refinancing, recapitalization, and disposition strategies.

•Collaborate with development and acquisitions teams on underwriting, deal structuring, and portfolio growth initiatives.

•Stay informed on material changes to national and local affordable housing trends and policies to assist in strategic decision making.

Qualifications:

·Bachelor’s degree in Real Estate, Finance, Economics, Urban Planning, or related field.

·3+ years of experience in affordable housing asset management, real estate finance

·Property operations experience a plus

·Familiarity with LIHTC, HUD, Section 8, and/or other affordable housing programs preferred.

·Ability to analyze complex financial documents, including income statements, budgets, rent rolls, audit reports, and capital reserve plans.

·Advanced Microsoft Excel skills, including developing and managing tools to track asset performance and create custom reporting dashboards.

·Familiarity with real estate management platforms like Yardi, RealPage, or similar systems.

·Strong organizational and communication capabilities, with the aptitude to distill detailed information and clearly convey insights to both internal teams and external partners.

·Highly driven and meticulous, with the ability to balance multiple tasks effectively in a dynamic, purpose-oriented workplace.

Base Salary Range: The anticipated salary range for this position is $150,000 to $200,000 per year. The specific offer will be determined based on your relevant experience and expertise.

·Competitive salary and performance-based bonuses.

·Comprehensive health, dental, and vision insurance.

·401(k) plan with company match.

·Generous paid time off policy.

·Opportunities for professional development and career advancement.

How to Apply: Interested candidates should submit their resume and cover letter to [e-mail].

Tredway is an equal opportunity employer committed to fostering an inclusive and diverse work environment. We encourage applications from all qualified individuals.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

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