Senior Director, Affordable Housing

ABOUT GREYSTAR

Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in more than 265 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing over one million units/beds globally. Across its platforms, Greystar has nearly $79 billion of assets under management, including over $35 billion of development assets and over $36.5 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.

JOB DESCRIPTION SUMMARY

JOB DESCRIPTION

KEY RESPONSIBILITIES:

• Lead the enterprise strategy and operating model for affordable housing, further positioning it as an integrated, scalable business line in addition to an advisory and compliance.
• Set vision and direction for operationalizing affordable housing requirements across processes, policies, contracts, and systems, ensuring consistent execution across regions.
• Serve as a senior leader and strategist to executive, regional, and functional stakeholders, influencing decisions related to affordable housing operations, risk, growth, and investments.
• Oversee development, enhancement, and governance of affordable housing policies, SOPs, and manuals, ensuring consistency, practicality, and regulatory alignment across the portfolio.
• Expand and enhance Salesforce as the enterprise source of truth for affordable housing programs and requirements, including program data, third-party file reviews, compliance obligations, and reporting.
• Partner with Systems Services and cross-functional teams to evaluate and define the affordable housing software stack, including required systems, modules, configurations, and integrations.
• Drive implementation and adoption of tools, processes, and standards through effective change management, focusing on execution and accountability.
• Lead and influence a hybrid/regional affordable housing model, supervising and developing leaders as assigned while fostering collaboration and consistent standards across regions.
• Provide strategic oversight of third-party compliance vendors, external partners, and industry relationships.
• Support acquisition due diligence, portfolio integration, and organizational readiness for future growth and M&A activity.

BASIC KNOWLEDGE & QUALIFICATIONS:

• Bachelor’s degree from an accredited college or university required; advanced degree preferred.
• Minimum of 10 years of progressive experience in affordable housing, including enterprise-level or multi-regional leadership responsibilities.
• Proven experience leading strategic initiatives, operational transformation, or cross-functional programs at scale.
• Strong leadership presence with the ability to influence senior leaders and drive results across matrixed organizations.
• Deep understanding of regulatory requirements and operational implications within affordable housing programs.
• Demonstrated ability to translate strategy into execution and manage organizational change.

SPECIALIZED SKILLS:

• Extensive knowledge of LIHTC, HUD, Section 8, PHA, and other affordable housing programs and regulations.
• Experience operationalizing regulatory requirements into repeatable processes, systems, and governance models.
• Strong familiarity with affordable housing property management systems (e.g., Yardi) and enterprise platforms such as Salesforce.
• Ability to evaluate and optimize affordable housing technology solutions and vendor offerings.
• Highly effective communicator, strategic thinker, and problem solver.
• Certifications such as COS, C3P, SCHM, or similar designations preferred.

TRAVEL / PHYSICAL DEMANDS:

• Team members work in an office or remote work environment. No special physical demands are required.
• Job demands may require long periods of sitting
• Job demands may require long periods of standing
• Job demands may require occasional heavy lifting, up to 25 pounds (11.4 kg)
• Travel required 20% to attend business meetings, training programs, or other situations necessary for the accomplishment of some or all of the daily responsibilities of this position.

The salary range for this position is $158,000 - $180,000.

Additional Compensation:

Many factors go into determining employee pay within the posted range including business requirements, prior experience, current skills and geographical location.

• Corporate Positions: In addition to the base salary, this role may be eligible to participate in a quarterly or annual bonus program based on individual and company performance.

• Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.

Robust Benefits Offered*:

• Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.

• Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.

• For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.

• 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).

• 401(k) with Company Match up to 6% of pay after 6 months of service.

• Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).

• Employee Assistance Program.

• Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.

• Charitable giving program and benefits.

*Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.

Greystar will consider for employment qualified applicants with arrest and conviction records.

This position may be performed remotely anywhere within the United States except the state of Alaska.

Important Notice: Greystar will never request your banking details or other sensitive personal information during the interview process. Greystar does not conduct any interviews via text or messaging, and all communication will come from official Greystar email addresses (@greystar.com). If you receive suspicious requests, please report them immediately to AskHR@greystar.com.

ANTICIPATED CLOSING DATE

This date may be subject to change due to evolving business needs.