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:

• New Orleans, LA (Required)

Work Location: Remote