Asset Manager – Affordable Housing (LIHTC / HUD)

Company: Atrium Housing

Location: Remote (United States)

Travel: Minimal (typically ≤1 day/month)

Employment Type: Full\-Time

Overview

Atrium Housing is seeking an Asset Manager – Affordable Housing to oversee financial performance, compliance coordination, and third\-party property management for a growing portfolio of LIHTC and HUD\-assisted multifamily communities. The portfolio includes new construction lease\-ups and rehabilitation projects utilizing LIHTC, HUD PBRA/PRAC/Section 8, HOME, and CDBG funding.

This role is ideal for professionals transitioning from regional property management, compliance leadership, or early\-stage asset management who want portfolio\-level responsibility in a flexible remote environment.

Key Responsibilities

Portfolio \& Financial Performance

• Monitor occupancy, NOI, collections, and expense trends.
• Review monthly financial reports and assist with annual budgets and variance analysis.
• Identify operational or financial risks and recommend corrective actions.
• Support capital planning and reserve analysis.

Compliance Coordination

• Work with external consultants to ensure compliance with LIHTC, HUD PBRA/PRAC/Section 8, HOME, and CDBG programs.
• Track audits, agency reviews, and investor requirements.
• Build working knowledge of regulatory frameworks over time.

Property Management Oversight

• Serve as liaison to third\-party property management firms.
• Review performance reports and KPIs.
• Conduct periodic performance calls and site reviews.

Development \& Lease\-Up Support

• Assist development teams during lease\-ups and rehabilitation stabilization.
• Support rent positioning and compliant marketing strategies.

Operations

• Maintain portfolio dashboards and reporting templates.
• Coordinate with accounting and development teams.
• Delegate administrative tasks to a dedicated virtual assistant.

Qualifications

Required

• 4–7\+ years in affordable housing property management, compliance, or asset management
• Experience with LIHTC and/or HUD\-assisted properties
• Ability to manage multiple properties remotely
• Comfort reviewing financial reports
• Strong communication and organizational skills

Preferred

• Bachelor’s degree in Accounting, Finance, Business, Real Estate, or related field
• Industry certifications
• Experience overseeing third\-party property managers
• Familiarity with Yardi, RealPage, or similar systems
• Exposure to lease\-ups or rehabilitation projects

Work Structure \& Benefits

• Fully remote, flexible schedule
• Minimal travel
• Full\-time
• Dedicated virtual assistant support
• Competitive salary with performance\-based bonus
• Standard benefits package if W\-2

Pay: $80,000\.00 \- $130,000\.00 per year

Benefits:

• 401(k)
• Flexible schedule
• Health insurance
• Paid time off

Application Question(s):

• How many years of experience in affordable housing?
• What hands\-on experience do you have working with LIHTC properties?
• Have you worked with HUD\-assisted programs?

Location:

• Houston, TX (Required)

Work Location: Remote