Director of Asset Management – Nonprofit Affordable Housing

    Avenue CDC
    January 18, 2023
    3517 Irvington Blvd, 300, Houston


    Who We Are:

    Avenue is an award-winning non-profit organization dedicated to building affordable homes and strengthening communities. We are a values-led organization with a culture of appreciation. Our team upholds our values in pursuit of our mission and in our day-to-day actions and interactions:

    Neighborly - We bring a friendly, caring, and helpful spirit to all of our interactions, both within our team, and with others.
    Integrity - We foster an environment of transparency and honesty that is built on respect and openness
    Collaborative - We use teamwork and strong partnerships to maximize our impact
    Effective - We achieve excellence through measurable, impactful outcomes
    Equity - We strive for equal access to opportunity and participation, while acknowledging diversity and celebrating our differences

    Avenue serves over 5,000 people annually through four main lines of business: affordable housing, family asset building, community initiatives programming, and home repair. We seek passionate, dedicated employees to help us fulfill our mission and positively impact the communities that we serve. Avenue offers competitive compensation and benefits.

    For more information about what we do, please visit us at

    Position Description:

    The Director of Asset Management actively manages the long-term financial health of 900+ multi-family units within 15 properties while maintaining Avenue, Property Owner and Lender requirements.

    In addition, this role ensures that ownership objectives for properties in the portfolio are clearly articulated, and that management policies and procedures reflect those objectives alongside Avenue's organizational values. The successful candidate is able to work in a dynamic environment.

    The role currently supervises a team consisting of one Asset Management Analyst and one Regional Property Manager, who oversees a team of 4 Property Managers . This role will have an office at the main agency building, but will also travel to properties, as needed, for site supervision. The main office and properties are all located in the Houston, Texas, Metro area.

    This role does not qualify for relocation assistance.

    Highlighted Responsibilities: **Review attached job description for the full job role details.

    Oversight and Support of the Property Asset and Property Management Team

    Responsible for portfolio Asset Lifecycle Management

    Maintain and Manage Budget, Audits, Tax Returns and Monthly Financials

    Investor Relations/Communications

    Risk Management and Compliance

    Avenue Center Superintendent

    **Go to to apply and to review the attached job description for the full job role details.**



    Bachelor's Degree in Finance, Business Administration, Accounting, or related field. MBA Preferred but not required.


    · 8+ years of related experience. Preference will be given to candidates with experience in one or more of the following areas: Asset management, property management, affordable housing, LIHTC, HUD, debt refinancing and/or residential real estate development.

    · Experience working with Sr. level executives, board members and executive committees

    Knowledge, Skills & Abilities

    Ability to multi-task and adapt to challenging priorities in a fast-paced and collaborative environment.

    Ability to interact professionally with financial partners, vendors and tenants.

    Proven capability to analyze complex problems (financial and other) and to communicate results of analysis to others.

    Strong written and verbal communication skills

    Good professional, business and financial judgment.

    Ability to work collaboratively with co-workers, as well as to work independently and to provide day-to-day oversight of assigned portfolio with minimum supervision.

    Demonstrated proficiency using Excel and Word.

    Experience with, or strong interest in, non-profit organizations and Avenue's mission.

    Supervisory and Management Duties

    This position supervises an Asset Management Analyst, a Property Management Staff, 8 portfolios;

    Manages contracts between Avenue and 3rd party management firms.

    **Go to to apply and to review the attached job description for the full job role details.**

    What We Offer:

    Avenue believes that our team members are our greatest asset in fulfilling our mission. In addition to opportunity for growth and meaningful work, Avenue offers a very generous benefit and paid leave package to eligible employees.

    Benefits Include, but not limited to:

    Short Term Disability - 100% Employer Paid
    Long Term Disability - 100% Employer Paid
    Life Insurance & ADD - 100% Employer Paid
    401k Plan with Employer Match
    Medical 100% Employer Paid for one base plan (two additional fee-based plans offered) 
    Paid Professional Development Budget 

    Avenue offers work/life balance and connection through:

    Paid Vacation 
    Paid Health and Wellness Leave
    Holiday Pay
    Paid Parental Leave
    Staff quarterly celebrations (food truck, Cinco de Mayo, Spirit Day), all-staff annual retreat, agency paid volunteer opportunities

    To Apply:

    At this time, only online applications will be accepted at No phone calls, please.

    Avenue is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

    Samantha Fields is the operations manager for Shelterforce.