Remote-Eligible Asset Manager — Affordable Housing

Foundation Communities Inc; Austin (TX); Hybrid; USD 85,000 - 95,000; Full time

Benefits offered by this job

Health benefits

401(k) plan

Employee Assistance Program

Paid vacation, holiday, and sick time

Job summary

Foundation Communities in Austin, TX is seeking an Asset Manager to oversee its affordable housing portfolio, including SRO and family properties, working with the Director of Asset Management, Risk and Insurance Manager, and Asset Management Analyst.

The role supports evaluating property performance, budgeting, forecasting, capital planning, and long-term asset strategies to preserve affordable housing and strengthen communities.

Qualifications

• Bachelor's degree and at least 2 years in multifamily or affordable housing analytics.
• Strong knowledge of financial statements (income statement, balance sheet, cash flow) and asset performance metrics.
• Detail-oriented with excellent organizational and communication skills.
• Willingness to learn and collaborate in cross-functional teams.

Responsibilities

• Lead analytical and operational support across the Asset Management Division and its affordable housing portfolio in the Austin and DFW metros.
• Monitor property performance against annual plans, budgets, and long-term asset strategies.
• Create and maintain asset-level business plans and monitor progress toward strategic goals, including dispositions, refinancing, and other asset-level transactions.
• Lead evaluation and planning for affordability compliance milestones, including properties approaching the end of affordability periods, to support preservation strategies.
• Support planning and tracking of capital improvement projects, including budget monitoring and performance impact analysis.

Skills

Analytical skills

Communication

Time management

Team collaboration

Problem solving

Education

Bachelor's degree

Tools

Microsoft Office

AI tools

Job description

Foundation Communities in Austin, TX is seeking an Asset Manager to oversee its affordable housing portfolio, including SRO and family properties, working with the Director of Asset Management, Risk and Insurance Manager, and Asset Management Analyst.

The role supports evaluating property performance, budgeting, forecasting, capital planning, and long-term asset strategies to preserve affordable housing and strengthen communities.