Assistant Director of Asset Management

Vancouver Housing Authority

4d

About The Position

Are you a collaborative, detail-driven leader with a passion for affordable housing and a strong background in asset performance, financial analysis, and regulatory compliance? Vancouver 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 At the VHA, we provide safe, affordable housing and supportive services to help individuals and families achieve stability and self-sufficiency throughout Clark County, Washington. The Assistant Director of Asset Management ensures that housing assets are managed strategically, perform financially, and remain aligned with federal, state, and local requirements while supporting VHA's broader organizational goals.

Requirements

• 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 regards 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 valid driver’s license and meet VHA auto insurance requirements.
• A cover letter and resume are required when applying for this position.

Nice To Haves

• Certified Housing Asset Manager (CHAM) preferred.

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.
• Oversee capital planning, renovations, and rehabilitation projects using PCNAs and standardized inspection schedules.
• 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.

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 employer, 12 company paid holidays, and generous paid time off and separate sick time accrual.
• Meaningful work that addresses affordable housing and homelessness in our community.

What This Job Offers

• Job Type: Full-time
• Career Level: Director