Director of Affordable Property Management - West Coast Properties (WA, OR, CA & HI) na Cambridge Management, Inc.

About us:

Cambridge Management, Inc. specializes in the management of quality affordable housing communities. We currently oversee more than 10,503 apartment homes across California, Florida, Hawaii, Oregon, Tennessee, Virginia, and Washington. Our success is built on the skill, integrity, and dedication of our team members. If you want to join a growing company with meaningful opportunities for career advancement, apply today.

Why work for us:

Cambridge Management, Inc. offers the following Compensation and Benefits package for full time employees:

Position Salary Range: $145,000 - $160,000 annually

Paid time off:

• An accrual of 80 hours of Vacation.
• Up to 6 paid sick days per year. (varies based on state sick leave laws)
• 8 paid holidays
• 2 paid floating holidays.

Benefits offered:

• Medical, Dental, Vision, Life Insurance, Long Term Disability, AD&D & EAP
• 401(k) with employer match
• Voluntary benefits available

Job Summary:

The Director of Property Management provides strategic leadership and operational oversight for a portfolio of 86 communities and 5,543 units. This senior role leads and develops Regional Managers, ensuring that communities operate in full alignment with company objectives, financial goals, and affordable housing program requirements. The Director serves as part of the executive leadership team, contributing to company-wide decision making, policy development, and long-term growth strategies.

Key Responsibilities

• Leadership & Development
  • Lead, mentor, and develop Regional Managers to achieve portfolio, owner, and company objectives.
  • Provide coaching, performance management, and staffing guidance.
  • Promote a culture of professionalism, collaboration, and accountability.
• Portfolio Oversight
  • Direct all aspects of community operations for assigned communities, including financial performance, asset preservation, and resident satisfaction.
  • Conduct regular audits and inspections to ensure compliance with policies, LIHTC/HUD regulations, and applicable laws.
  • Identify underperforming communities and implement corrective action strategies.
• Financial Management
  • Oversee rents, collections, occupancy, delinquencies, and expenditures.
  • Guide the development of annual operating budgets and ensure accountability.
  • Analyze complex financial statements and provide corrective recommendations.
• Compliance & Training
  • Collaborate closely with the Compliance Department to ensure adherence to LIHTC, HUD, and other affordable housing programs.
  • Stay current on regulatory and statutory changes; lead training efforts to ensure compliance with new procedures.
• Stakeholder Engagement
  • Serve as a key liaison with ownership groups, investors, housing finance agencies, and vendors.
  • Lead or participate in client and investor meetings to review community performance and strategic direction.
• Growth & Strategy
  • Contribute to acquisitions, dispositions, and portfolio expansion initiatives.
  • Support due diligence and strategic planning for new business opportunities.
  • Participate in executive leadership discussions and contribute to company-wide strategy.
• Expense Oversight
  • Review and approve expense reports for direct reports and ensure budget discipline across the region.

Knowledge, Skills & Abilities

• Advanced knowledge of LIHTC, HUD, and other affordable housing programs
• Strong leadership, management, and interpersonal skills with a collaborative, solutions-based approach
• Expertise in financial management, budgeting, and operational oversight
• Critical thinking, problem-solving, and decision-making ability
• Strong organizational and time management skills; ability to manage multiple priorities effectively
• Excellent verbal and written communication skills across all employee levels
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
• Experience with community management and accounting software; RealPage proficiency strongly preferred
• Change management and organizational development skills

Experience & Education

• Bachelor’s degree in a related field (required)
• 8–10 years of progressive community management experience, including at least 3 years in a Director-level or equivalent leadership role
• Minimum of 5 years’ experience with affordable housing programs
• Industry certifications (HCCP, COS, CPM, or equivalent) preferred
• Flexibility for travel within multi-state portfolio

Driving:

• Must be able to travel to all communities throughout portfolio
• Must be able to travel to and from a bank and other off-site locations as a requirement of this position.
• Must have a valid driver’s license

 Must be able to complete all required training within thirty (30) days of hire date.

This job description in no way states or implies that these are the only duties to be performed by the team member incumbent in this position. Further, this document does not create an employment contract implied or otherwise, other than an “at will” relationship.

Additional Notes

Offers contingent upon successful completion of background check, drug screen, and MVR check (if required by position)