What Is the Role of a Compliance Manager vs. Asset Manager?

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Compliance Managers and Asset Managers are both essential to affordable housing operations — but they focus on different things.

Compliance Manager #

  • Ensures units and tenant files meet regulatory standards
  • Monitors income certifications and reporting deadlines

Asset Manager #

  • Oversees property performance and long-term financial health
  • Focuses on NOI, reserves, capital improvements, and lender compliance

? Pro Tip: These roles often work closely together — compliance protects mission, and asset management protects the investment.


Updated on April 21, 2025

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