Asset Manager
Location: Vancouver, WA
Employment Type: Full-time
About the Employer
Vancouver Housing Authority (VHA) works closely with local governments and other community partners throughout Clark County to address issues of affordable housing and homelessness and help families break the cycle of poverty. VHA provides affordable housing and housing assistance to low-income residents in Clark County.
Role Summary
The Asset Manager will provide general management and oversight of VHA properties in the third-party managed portfolio by maximizing NOI in accordance with property budgets and policies, as well as minimizing individual property vacancies. This position provides management, direction, and leadership to Property Managers and other assigned staff, ensuring properties are maintained and operated in accordance with VHA objectives and applicable regulatory requirements, including HUD and LIHTC.
What You'll Do
- Monitor and optimize property operations, including maintenance, capital improvements, rent collections, lease administration, budgeting, and marketing
- Review property financials, budgets, and variance reports; research discrepancies; recommend and implement approved changes
- Prepare HUD documentation for renewals, rent adjustments, and utility analyses
- Ensure adherence to HUD, LIHTC, and other regulatory requirements for occupancy, leasing, inspections, and resident selection policies
- Develop and manage annual budgets and capital plans; evaluate cost efficiency and operational effectiveness across the portfolio
- Oversee vendor contracts and service agreements; manage HOA/Condo Association relationships, including budgeting and conflict resolution
- Address escalated resident concerns professionally; promote positive resident relations and satisfaction
- Conduct site visits; ensure preventative maintenance programs; maintain VHA standards for unit turns, curb appeal, amenities, and safety
- Ensure accurate data entry and record-keeping for all property-related information
- Assist with acquisitions, dispositions, and ongoing asset management strategies
- Provide regular reports and updates to the Director of Property Management
Required Qualifications
- BA in business, finance, accounting, or related subject plus at least 4 years of related experience in property management or related environment, and a minimum of 1 year of supervisory experience in a housing environment. Alternatively, 7 years of industry-related experience with a minimum of 3 years of experience supervising staff
- 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 as stated in the HUD 4350.3 with regard to subsidized housing occupancy, management, re-certification, EIV, and MOR and REAC Inspections
- Ability to communicate clearly in both oral and written forms with a diverse population
- Valid driver's license and ability to meet VHA auto insurance requirements
Preferred Qualifications
- Certified Property Manager (CPM)
Compensation
$90,949–$131,876 per year, depending on experience
Benefits
Medical, dental, vision, life insurance, and disability insurance; 5.58% paid into WA PERS by the employer; 12 company-paid holidays; generous paid vacation time; and separate sick time accrual.
How to Apply
A cover letter and resume are required when applying for this position. Applications will be reviewed on an ongoing basis until the position is filled. Please note that those candidates deemed to best match the requirements will be contacted for an interview. For more information on the Vancouver Housing Authority, visit www.vhausa.org.
Equal Opportunity Statement
The VHA provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with federal, state, and local laws.