Vancouver Housing Authority · 1 day ago
Assistant Director of Asset Management
Vancouver, WA
Full-time
Onsite
Director/Executive
$113K/yr - $164K/yr
6+ years expVancouver Housing Authority (VHA) is seeking an Assistant Director of Asset Management to oversee the financial health, regulatory compliance, and long-term sustainability of VHA's affordable housing portfolio. The role involves leading asset management strategies, ensuring compliance with regulations, and managing relationships with various stakeholders to support the organization's goals.
Government Administration
Responsibilities
Lead and implement VHA’s Asset Management Framework across the housing portfolio
Provide portfolio-level oversight of financial performance, including budgets, cash flow, NOI, DCR, reserves, and variance analysis; identify and address troubled properties
Develop and maintain property-level business plans, recapitalization strategies, refinancing plans, and long-term capital and replacement reserve strategies
Manage and plan capital expenditures, monitor unit renovations, and review and plan for capital projects using PCNAs and standardized inspection schedule
Supervise, support, and guide Asset Managers and assigned staff
Ensure compliance with all regulatory, lender, investor, and internal requirements, including HUD, LIHTC, Section 8, and other affordable housing programs
Manage relationships with lenders, investors, grant funders, property managers, residents, service providers, and VHA staff
Support acquisitions and dispositions through financial, operational, and physical due diligence and data analysis
Monitor risk management, insurance matters, condo association obligations, and casualty loss mitigation
Advance energy efficiency and sustainability initiatives across the portfolio
Provide timely, accurate reporting to lenders, investors, regulators, and VHA leadership
Conduct market analysis and research to inform repositioning, refinancing, and long-term portfolio strategy
Qualification
Required
Bachelor's degree in business, finance, accounting, real estate, or a related field, plus at least six years of experience in affordable housing, asset management, property operations, or development, including a minimum of three years in a supervisory role
Alternatively, ten years of relevant experience may substitute for formal education, provided supervisory experience is met
Experience working within HUD, Section 8, low-income housing tax credits and other affordable housing requirements
Working knowledge of Fair Housing Laws so that policies and actions are administered in compliance with Federal, State and Local laws
Thorough understanding through experience, education, and certification of all HUD regulations with regard to subsidized housing occupancy, management, re-certification, EIV, and MOR and REAC/NSPIRE Inspections
Ability to communicate clearly in both oral and written forms with a diverse population
Must have a valid driver's license and meet VHA auto insurance requirements
Preferred
Certified Housing Asset Manager (CHAM) preferred
Benefits
Eligibility to enroll in our medical, dental, vision, life insurance, short-term and long-term disability insurance plans.
Benefits package also includes 5.58% paid into WA PERS by the employer
12 company-paid holidays
Generous paid time off and separate sick time accrual.
Company
Vancouver Housing Authority
Serving Clark County, Washington Our mission is to provide opportunities to people experiencing housing barriers while honoring their personal dignity and maintaining public trust.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Andy Silver
Chief Operating Officer
Natasha Douglas, MBA, PHR
Chief Administrative Officer (CAO)
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