What are the responsibilities and job description for the Affordable Housing Community Manager position at Advanced Asset Management LLC?
About Us
Advanced Asset Management (AAM Living) delivers smart, data-driven property and asset management solutions across Texas. We specialize in maximizing occupancy, optimizing operations, improving turnover speed, and creating high-quality resident experiences. Our portfolio spans multifamily, affordable housing, build-to-rent, and community-centric living environments where operational excellence drives financial performance.
We are modern, tech-enabled, people-centric, and driven by efficiency, transparency, and continuous improvement.
Role Overview
We are seeking an Affordable Community Manager to oversee the day-to-day operations, resident experience, occupancy, and compliance of an affordable housing community. The ideal candidate will have hands-on experience with affordable housing and strong knowledge of Low-Income Housing Tax Credit (LIHTC) requirements, including full resident recertifications and income qualification. Experience with Bond Property Management and communities with an 80/50 set-aside is strongly preferred, along with AEC experience.
Key Responsibilities
- Oversee daily operations, occupancy, leasing activity, resident relations, and financial performance of the affordable housing community.
- Manage affordable housing compliance, including income qualification, move-ins, annual and interim recertifications, file documentation, and eligibility requirements.
- Maintain accurate resident files and ensure compliance with LIHTC, Bond, AEC, and applicable affordable housing program requirements.
- Coordinate property inspections, audits, compliance reviews, corrective actions, and required documentation.
- Supervise and coordinate on-site staff, vendors, maintenance activities, unit turns, and make-ready work to maintain property standards and timely unit readiness.
- Monitor rent collection, delinquency, resident accounts, renewals, notices, and other property management activities.
- Communicate effectively with residents, applicants, staff, ownership, compliance teams, vendors, and external agencies.
- Identify operational and compliance issues and implement corrective actions to maintain occupancy, resident satisfaction, and regulatory compliance.
Required Qualifications
- Previous experience as a Community Manager or Property Manager within affordable housing.
- Hands-on experience with Low-Income Housing Tax Credit (LIHTC) housing and affordable housing compliance.
- Experience with Bond Property Management is required.
- Experience managing communities with an 80/50 set-aside is strongly preferred.
- Strong experience completing full resident recertifications, including income and asset verification and supporting documentation.
- Experience with AEC or similar affordable housing programs is preferred.
- Strong understanding of affordable housing eligibility, income limits, rent restrictions, compliance requirements, and resident file documentation.
- Experience with property management software and Microsoft Office, particularly Excel.
- Strong leadership, organization, communication, problem-solving, and resident relations skills.
- Ability to manage competing operational, compliance, leasing, and resident priorities in a fast-paced environment.
Benefits
- Health insurance.
- Paid time off.
- Opportunities for professional growth and career advancement.
- A collaborative, innovative, and high-performance work environment.