Affordable Property Manager

Arboreal Management•Bellevue, WA

4d•Onsite

About The Position

Arboreal Management is seeking an Affordable Property Manager to oversee a portfolio of residential buildings in Bellevue. This role is hands-on and operations-focused, with clear accountability for affordable housing performance—leasing, compliance, maintenance execution, and resident experience—across multiple properties. One community includes a brand-new construction development in the heart of downtown Bellevue.

Requirements

2+ years in affordable property management, ideally managing multiple properties.
Experience with lease-up or opening new affordable communities.
Proven affordable housing compliance experience (program requirements, documentation practices, and audit/readiness mindset), including working with and needing experience with Amazon Housing Equity Fund, affordable housing bonds, and LIHTC.
Strong leadership with the ability to build effective teams and maintain high standards.
Comfort working in a fast-paced, evolving environment while staying organized and detail-oriented.
Strong communication skills with residents, internal stakeholders, vendors, and compliance partners.

Nice To Haves

Section 8 experience preferred.

Responsibilities

Own day-to-day management across assigned affordable properties, ensuring smooth operations from leasing through move-ins, renewals, and resident services.
Ensure accurate and timely compliance with applicable affordable housing program requirements, including file management, documentation, and regulator/vendor coordination, with working knowledge of Amazon Housing Equity Fund, affordable housing bonds, and LIHTC.
Drive leasing performance by overseeing marketing, screening workflows, lease-up execution, and occupancy targets while maintaining program integrity.
Oversee maintenance operations, prioritize resident-impacting repairs, and ensure timely turn processes that support affordable housing readiness and quality standards.
Manage and mentor leasing, admin, and maintenance staff to deliver consistent results across the portfolio.
Support property performance through NOI awareness, budget/forecast collaboration, and careful review of reporting tied to affordable housing operations.
Identify operational gaps and implement improvements to strengthen compliance, resident experience, and overall efficiency.
Manage affordable housing leasing workflows (applications, verification steps, recertification/renewal coordination as applicable, and resident move-in readiness).
Maintain compliance-ready documentation and partner with internal teams to support audits, reporting, and program requirements, including those related to Amazon Housing Equity Fund, affordable housing bonds, and LIHTC.
Coordinate vendor and internal resources to ensure repairs, preventive maintenance, and quality standards are met consistently.
Lead portfolio meetings and performance tracking to ensure goals are understood and executed by property teams.
Oversee property readiness for lease-up and new development timelines, including stakeholder coordination for smooth openings.