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Senior Vice President, Affordable Housing Operations

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Socket.dev
Full Time position
Listed on 2026-09-21
Job specializations:
  • Management
    Project & Program Management, General Management, Operations Management, Change Management
Salary/Wage Range or Industry Benchmark: 200000 - 225000 USD Yearly USD 200000.00 225000.00 YEAR
Job Description & How to Apply Below

Position Summary

Collective Residential is building a centralized Affordable Housing Operations platform that will unify operations, leadership, best practices, and oversight across a growing portfolio of affordable housing communities and management companies. The SVP, Affordable Housing Operations will be a key member of the senior leadership team responsible for building and leading this platform as the company grows primarily through acquisition. The initial portfolio is expected to encompass approximately 7,000+ units, with significant opportunity for continued expansion.

This is a builder and enterprise leadership role—not a day-to-day compliance position. The SVP will evaluate the operating structures of acquired companies, establish the appropriate organizational model, set standards and expectations, and implement best practices across the growing portfolio. The leader will work closely with portfolio company and property leadership, while providing centralized oversight of affordable housing operations and compliance.

Key Responsibilities
  • Build & Lead the Affordable Housing Platform:
    Build and lead a centralized affordable housing operations function across the portfolio, establishing organizational structure, staffing model, accountability, and leadership cadence for a growing, multi-state portfolio.
  • Lead Acquisition Integration & Organizational Development:
    Play a central leadership role in integrating affordable housing operations from acquired companies—assessing structures, teams, systems, and processes, and recommending the best operating model.
  • Establish Operational Standards & Best Practices:
    Develop scalable operating standards, policies, procedures, reporting, and performance expectations across the portfolio.
  • Provide Compliance Oversight:
    Provide senior-level oversight of affordable housing compliance across LIHTC, HUD, Section 8, HOME, bond-financed, and other federal/state housing programs—leadership and oversight, not day-to-day file reviews or routine compliance administration.
  • Lead Risk Management & Regulatory Strategy:
    Establish a framework for identifying, monitoring, and addressing compliance and operational risk; serve as senior advisor to executive leadership on affordable housing regulatory matters.
  • Lead External Relationships:
    Represent Collective Residential with HUD, state housing finance agencies, syndicators, investors, auditors, and other key stakeholders.
  • Drive Systems, Reporting & Technology:
    Evaluate and improve systems, data, reporting, and technology, including Yardi and comparable platforms.
  • Support Growth, Acquisitions & New Business:
    Provide operational and compliance leadership for acquisitions, preservation, repositioning, and other strategic growth initiatives.
  • Partner Across the Organization:
    Serve as the connective point between corporate leadership, portfolio company leadership, regional/asset management teams, and property-level operations.
  • 10–15+ years of progressive leadership experience in affordable housing property management, operations, asset management, or a related field, including significant senior/executive-level responsibility.
  • Demonstrated leadership experience across affordable housing portfolios, with strong working knowledge of LIHTC, HUD programs, Section 8, HOME Funds, bond-financed housing, and other applicable programs.
  • Strong operational leadership skills with a track record of building, restructuring, integrating, or scaling teams and operating platforms.
  • Experience evaluating organizations and recommending improvements to structure, staffing, processes, systems, and accountability.
  • Experience with acquisitions, M&A integration, multi-company environments, shared services, or other complex organizational integrations…
Position Requirements
10+ Years work experience
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