About the Company
This organization is committed to providing safe, affordable housing and supportive services to individuals and families in need. Their mission is to empower their residents and foster community growth through sustainable housing solutions.
About the Role
The Housing Asset & Portfolio Manager is responsible for the long-term stewardship, performance, and sustainability of the organizations housing portfolio. This role provides consistent oversight of existing properties while leading capital rehab projects and supporting early-stage development and acquisition feasibility.
The position bridges asset management with development-adjacent execution, ensuring housing assets remain safe, financially viable, compliant, and mission-aligned — while positioning the organization for thoughtful growth over time.
Reports To: Senior Director of Operations
Employment Type Full-Time; Exempt
Location: Rhode Island (Office with regular on-site presence at housing properties)
Responsibilities
Capital Project Delivery (Owner’s Representative)
Serve as Owner’s Representative for capital rehab projects (e.g., Willow Cottage).
Define scopes of work (SOW), budgets, schedules, and quality standards.
Vet, procure, and manage general contractors and key vendors.
Monitor construction progress and verify completed work prior to invoice approval.
Manage change orders, timelines, and budget risks.
Ensure rehab outcomes are trauma-informed, safe, and appropriate for residents.
Asset & Portfolio Management
Conduct portfolio-wide property condition assessments.
Develop and maintain a Capital Needs Assessment (CNA) covering a 10–15 year horizon.
Create a replacement reserve strategy aligned with lifecycle planning.
Establish preventative maintenance frameworks in coordination with Facilities.
Monitor deferred maintenance risk, compliance exposure, and asset performance.
Support decisions related to reinvestment, major rehab, repositioning, or decommissioning.
Compliance, Permitting & Inspections
Serve as the primary owner for all permit-required work, including coordination with municipal departments (Building Department, Fire Marshal, electrical/plumbing/HVAC inspectors).
Manage and track all capital and permit-related inspections, including CO/TCO approvals tied to rehab or capital projects.
Maintain organized records of permits, inspection reports, approvals, and compliance documentation.
Coordinate closely with the Facilities Foreman to ensure clear separation between daily operations / non-permit work and capital or permit-required work.
Support long-term compliance planning as part of overall asset and portfolio strategy.
Development & Acquisition Feasibility (Development-Adjacent)
Perform site walks and provide rough-order-of-magnitude (ROM) rehab cost estimates.
Conduct pre-development feasibility and financial analysis.
Build or contribute to pro-formas evaluating long-term sustainability.
Support leadership with data-driven recommendations on potential opportunities.
Track and monitor the housing and development environment, elevating relevant trends or signals to leadership to support future housing and portfolio strategy.
Funding & Financial Coordination
Align capital planning with funding and grant opportunities.
Support identification and pursuit of capital and rehab funding in coordination with Grants leadership.
Ensure funding requests are grounded in CNA findings and documented asset priorities.
Translate technical asset data into leadership- and board-ready materials.
Cross-Functional Collaboration
Partner closely with Operations, Facilities, Property Management, Finance, and Grants.
Coordinate with architects, engineers, consultants, municipal partners, and regulators.
Strengthen internal systems for asset tracking, capital planning, and compliance oversight.
Qualifications
Required
Experience in housing asset management, capital projects, facilities leadership, or development-adjacent roles.
Demonstrated experience acting as an Owner’s Representative or managing contractors.
Strong understanding of capital budgeting, construction oversight, and lifecycle planning.
Ability to perform high-level feasibility and financial analysis.
Comfort working in a mission-driven, resource-conscious environment.
Preferred
Affordable housing or nonprofit experience.
Capital Needs Assessment (CNA) or reserve planning experience.
Capital grant or public funding familiarity.
LIHTC or similar program exposure (preferred, not required).
Pay range and compensation package
Salary Range: $75,000 – $85,000 annually, commensurate with experience.
Compensation Context (internal):
This range is aligned with Rhode Island nonprofit and affordable housing asset management roles that combine portfolio oversight with capital project coordination.
The role is intentionally scoped as asset-anchored with development-adjacent responsibility, not a full housing developer position.
Growth in compensation is expected as portfolio complexity, funding sources, or development activity expands.
Equal Opportunity Statement
This organization is an equal opportunity employer. They are committed to diversity and inclusivity in the hiring practices and strive to create a workplace that reflects the communities we serve.
