Affordable Housing Property Manager

Job description:

LIHTC/ Section 8 Property Manager for family site (129 units)

The Property Manager (“PM”) will have broad and in-depth general management responsibilities at their assigned apartment development(s).

The PM will supervise a site team consisting of an administrative assistant and maintenance personnel at levels consistent with property resources. In some instances, the PM may be solely responsible for administrative tasks and may also perform supportive service tasks.

The PM will ensure their assigned apartment development(s) meets all financial goals as identified in the annual budget. The PM will relentlessly pursue full occupancy / collection of rent and optimize rental income following program requirements / market conditions thus being a responsible steward for the success of each property.

The PM will also ensure that all compliance covenants and supportive service requirements are consistently met and that all maintenance tasks are managed professionally, while maintaining a safe work environment. The PM will ensure the integrity of all financial and operations data /systems.

The PM will provide excellent customer service to residents thus encouraging long-term retention.

Responsibilities:

• Effectively manage rent increases, rent collections and the eviction process
• Consistently market the property to high standards, optimize curb appeal and successfully convert applicant traffic / waitlists to successful residency while meeting all Fair Housing requirements
• Understand all aspects of the affordable housing program features of the assigned property – optimize the financial and operational performance of the property within this construct
• Proactively manage housing partner subsidy programs /relationships
• Manage accounts receivable, accounts payable and cash to meet all obligations timely
• Inspect the property daily – attend to maintenance needs and conditions being mindful of safety
• Provide meaningful input to the capital planning process, budget process and examine expenditures for cost savings and efficiencies – share best practices with colleagues
• Ensure team members are on-boarded effectively, trained, motivated and equipped to be successful stewards of the properties
• Work orders, preventive maintenance, apartment turns and the leasing of vacant apartment units-– all to be done within company policy timeframes
• Process re-certifications, build / manage credible waiting lists for each unit type – anticipate issues impacting occupancy and financial performance – meet deadlines – work proactively
• Own all aspects related to your apartment development
• Teach staff about customer service, professionalism, safe work practices, effective property inspections, vendor management and the optimum use of technology / REALPAGE Onesite and Fair Housing and Risk Management initiatives
• Ensure property is prepared to excel at all property inspections, without the need for surges in staff and spending, i.e. have property inspection ready at all times
• Serve as a role model, mentor, coach and trusted resource to field staff and residents

Qualifications:

Performance Metrics

• Property will successfully meet all aspects of the annual operating budget
• Employee retention will increase, and staff competency will be improved
• Property inspection results will be consistently excellent
• Unit turnover and unit occupancy times will steadily improve as will tenant residency
• Insurance claim work will be administered timely and professionally
• Work order and preventative maintenance completions will meet PMC standards consistently
• Property will not experience insurance claims due to neglect on the part of staff
• Resident satisfaction surveys will yield consistently positive results
• Certification and working knowledge of HUD, LIHTC, ACC/Public Housing and Blended Occupancy/Layered Financing Affordable Housing

Required Education and Experience:

· Three years of increasing property management responsibilities

• Certification in affordable housing from LIHTC and/or HUD program
• Industry training credentials which authenticate understanding of rental housing programs

Working Conditions:

• Ability to work periodic flexible hours is required.
• Ability to work at property locations within or near transitional neighborhoods
• Ability to climb stairs, take elevators, bend, squat and reach overhead.

Job Type: Full-time

Pay: $75,000.00 - $80,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday
• On call
• Weekends as needed

Experience:

• Property management: 3 years (Required)
• LIHTC: 3 years (Required)

License/Certification:

• Driver's License (Required)

Ability to Relocate:

• Yonkers, NY: Relocate before starting work (Required)

Work Location: In person