Regional Manager

Job Description

Job Description

Position: Regional Manager – Affordable Housing
Department: Operations

Salary: $85,000- $90,000/Yr (based on experience)

Status: Full Time

Position Overview:

The Regional Manager is a key leadership role at MEB Affordable Management Services, responsible for the overall success and compliance of an assigned affordable housing portfolio. This position requires a proactive, results-driven professional who can balance operational excellence, team leadership, and regulatory compliance.

In partnership with the Vice President of Asset Management, the Regional Manager will oversee day-to-day property operations, drive performance metrics, and ensure compliance with all federal, state, and local housing regulations.

Schedule & Availability:

• Full-time (Minimum 40 hours per week)

• Flexibility to respond to weekend or after-hours needs when necessary

Benefits and Perks:

• 401(k) with Employer Match

• Annual HSA Contribution of $500

• Health, Dental, and Vision Insurance

• Employee Assistance Program (EAP)

• Flexible Spending Account (FSA)

• Life Insurance Coverage

• Paid Time Off: 2.5 Weeks Annually

• Sick Time: 40 Hours Annually

• Wellness Time: 8 Hours Annually

• Volunteer Time: 8 Hours Annually

• Professional Development Assistance

• Retirement Plan Options

Key Responsibilities:Portfolio Leadership

• Direct oversight of an assigned portfolio of affordable housing communities

• Manage operational, financial, and compliance performance within the portfolio

• Develop and monitor annual budgets, review monthly variances, and ensure alignment with financial goals

• Conduct regular property inspections; ensure site-level staff meet performance expectations and identify opportunities for improvement

• Act as the primary point of contact for owners, investors, and partners for the assigned portfolio

• Ensure operations comply with MEB policies, Fair Housing, ADA, and all applicable laws

• Set project goals, manage budgets, and control expenses to maximize revenue

• Prepare and submit annual budgets with community staff; ensure ongoing budget compliance

• Review monthly financials, analyze variances, and report key insights to ownership

• Approve expenditures ($500–$1,500); escalate larger items to the VP of Asset Management

• Hire, train, supervise, and evaluate site personnel in line with MEB HR policies

• Communicate regularly (at least weekly) with owners on both operational and financial matters

• Support site managers in vendor negotiations and capital improvement planning

• Conduct weekly property inspections and provide feedback for property enhancements

• Assist with acquisitions, due diligence, and onboarding of new assets as needed

• Host investor and banker tours upon request

• Facilitate clear communication between site teams, corporate departments, and legal to avoid liability

• Review site staff salaries and recommend compensation adjustments where appropriate

• Ensure compliance with management agreements and all legal requirements

• Oversee property marketing to ensure leasing goals and occupancy standards are met efficiently

Qualifications:

• Minimum of 3–5 years of experience in property management, with at least 2 years overseeing multiple affordable housing communities

• Strong understanding of HUD, LIHTC, Fair Housing, ADA, and other regulatory compliance standards

• Proven track record of managing budgets, improving property performance, and achieving occupancy and financial goals

• Strong leadership and team-building skills with the ability to supervise and develop on-site staff

• Exceptional communication skills, both verbal and written, with the ability to effectively interact with owners, investors, team members, and vendors

• Highly organized with strong problem-solving abilities and attention to detail

• Ability to travel regularly within the assigned region and respond to operational issues as needed

• Proficient in Microsoft Office Suite and property management software (e.g., Yardi, OneSite, or similar)

• Must have a valid driver’s license and reliable transportation

• High school diploma or GED required