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Assistant Portfolio Manager for Affordable Housing

Job in Minneapolis, Hennepin County, Minnesota, 55400, USA
Listing for: Property Solutions & Services, Inc.
Full Time position
Listed on 2026-06-24
Job specializations:
  • Management
    Property Management
  • Real Estate/Property
    Property Management
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below

Assistant Portfolio Manager

We are seeking a highly motivated and detail-oriented Assistant Portfolio Manager to join our Operations team. This role supports the oversight of multiple affordable housing communities and plays a critical part in ensuring high-quality operations, compliance, resident satisfaction, and staff development. The Assistant Portfolio Manager acts as a key liaison between site teams and the Portfolio Manager, providing coaching, accountability, and operational support to ensure company standards are consistently met.

This candidate will play a crucial role in ensuring that every site manager, associate site manager, assistant site manager, and caretaker has a competent manager who enhances problem-solving and decision‑making. They foster an environment for employee growth and effectiveness while serving as a safety net in times of disaster/need.

Responsibilities include assisting the Portfolio Manager in the following areas:
Support day-to-day operations at assigned properties, including physical plant, compliance, occupancy, receivables, and resident relations

Ensure compliance with HUD, LIHTC, Section 8, and Fair Housing regulations

Oversee file audits, recertifications, and inspections

Assist with reviewing financial statements, rent collection, delinquency reports, and budgets

Support marketing, lease‑ups, and occupancy goals

Address major resident concerns and enforce leases fairly and professionally

Supervise, coach, and develop on‑site staff while promoting strong morale and accountability

Maintain positive relationships with owners, service providers, and community partners

Desired candidate will possess:
Bachelor's degree or equivalent experience in property management, business, or related field.

5+ years of affordable housing property management experience.

Strong knowledge of HUD, Section 8, LIHTC, and Fair Housing.

3+ years of experience supervising teams and providing coaching and accountability.

Proficiency with Yardi and related property management systems.

Strong organizational, communication, and problem‑solving skills.

Reliable transportation and ability to travel to properties regularly.

Proven ability to support multiple properties based on needs and priorities.

Who are we:

Welcome to Property Solutions & Services (PSS). Our core values of Family, Growth, Compassion, Integrity, and Levity guide our property management approach. We focus on creating welcoming environments, supporting owner and resident prosperity, and conducting interactions with honesty and care. Each property is managed with practical policies and fiscal responsibility to foster a sense of home for all residents.

Collaboration is central to our work, involving owners, agents, and residents in building thriving communities. With a sharp focus on stability, we provide property management for over 3,604 affordable housing units in the Twin Cities and surrounding suburbs, ensuring high-quality, sustainable homes for some of our most vulnerable adult and family populations. Our unique, talented, and experienced team addresses community needs and challenges while navigating complex funding requirements and maintaining physical property with professionalism and integrity.

Through partnerships with housing agencies and providers, we deliver exceptional housing solutions. Transparent, non‑adversarial communication empowers residents and addresses challenges with creativity and a positive outlook. With over 30 years of experience, we’re dedicated to providing exceptional property management services aligned with our core values.

Why you want to join us:

Opportunities for professional development and advancement

Supportive work environment focused on employee well‑being and growth

  • 401(k) with up to 4% matching
  • Dental insurance
  • Employee assistance program
  • Flexible schedule
  • Health insurance
  • Life insurance
  • Paid time off
  • Parental leave
  • Professional development assistance
  • Referral program
  • Retirement plan
  • Tuition reimbursement
  • Vision insurance

Schedule:

  • 8 hour shift
  • Day shift
  • Monday to Friday

Ability to Commute:

  • Minneapolis, MN (Required)

Ability to Relocate:

  • Minneapolis, MN:
    Relocate before starting work (Required)

Willingness to travel:

  • 50% (Preferred)

Work Location:

In person

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