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Property Manager (LIHTC Experience)

Peoria Housing Authority
Peoria, IL Full Time
POSTED ON 4/15/2025
AVAILABLE BEFORE 6/14/2025

Job Overview
We are seeking a skilled property manager with experience in low-income tax credit management, to join our team. In this role, you’ll coordinate day-to-day property operations, including but not limited to, leasing to eligible applicants, collecting rents, processing annual recertifications, physical inspections, maintenance and repairs, budget administration, preparation of expenditure reports, overseeing marketing and advertising efforts, and ensure all property operations adhere to local, state and federal laws. We’re looking for a team player with strong attention to detail who is comfortable committing to running our property smoothly. If you’re eager to contribute to the success of our property, we invite you to apply and become a valued member of our team.

ESSENTIAL JOB FUNCTIONS

Property management duties include, but are not necessarily limited to the following:

1. Performing and supervising day-to-day maintenance of the property, including:

2. Coordinating with admissions staff to ensure prompt leasing (97% occupancy) of ready units.

3. Assist with marketing and recruitment of applications for the waiting list.

4. Assist with reviewing and processing of new admission and continued applications for completeness, including obtaining verifications, determining eligibility, establishing applicant files, briefing applicants on requirements for eligibility and for leasing, providing applicants with information on privacy requirements, and establishing and maintaining tenant files.

5. Resident Retention and Community Engagement

6. Ensure 97% of rental collections including adherence to collection policy.

7. Ensure processing and reporting of annual recertifications.

8. Conduct orientations for new residents to familiarize them with lease requirements.

9. Lease Enforcement, including Processing residents for lease termination for Drug-related criminal activity; or Criminal activity that is a threat to the life, health, or safety of other residents, staff or neighbors of the property; Appearing in court for site evictions and other lease enforcement actions.

10. Maintaining the financial health of the property, including assisting with the preparation annual operating budget and revisions as needed, minimizing vacant unit’s days and vacancy loss, tracking monthly and year-to-date income and expenditures (and working with Supervisors and the accounting team to making adjustments to financial practices when needed, maintaining inventory control of all equipment, materials and supplies assigned to the site, submission of monthly performance reports.

11. Ensure LIHTC, NSPIRE and Physical Conditions Standards and Local Building Code for Physical condition of the units, buildings systems and residents' satisfaction.

12. Carrying out the work of the property in a manner that complies with all applicable Federal State and local laws, regulations, and PHA policies and procedures related to, Civil and Disability rights, Fair labor standards practices, Procurement of goods and services, Rental integrity, OSHA standards, Data privacy laws.

17. May be required to participate in the capital planning and redevelopment process, including:

18. Conduct annual reexaminations and interim adjustments to compute rent timely, accurately and in compliance with Program Compliance for LIHTC, LIPH and HOME-funded property

19. Acting as an advocate for residents with education, including submitting proposed wording for such improvements.

20. Lease Enforcement and other duties as assigned.

Qualifications

  • A bachelor’s degree preferred, Associate required, in management, real-estate accounting, finance, and/or public/business administration or related field; AND a minimum of five (5) years of prior experience with property management operations and affordable housing management, which includes at least two years in LIHTC, preferably some of which was in the private sector. Also, experience working at a medium-sized, multi-faceted organization is highly beneficial.
  • Applicants who do not possess the required education may substitute a combination of experience and education that is equivalent to not less than six (6) years of management, supervisory and administrative experience with at least two years of required experience in LIHTC , AND industry-specific designations, such as CAM, PHS, NLS, TACCs, TCS, HCCP, etc,
  • Experience preparation, fiscal oversight, analyzing and managing a property portfolio is highly beneficial.
  • Ability to work flexible hours and be available on a twenty-four (24) hour on-call basis.
  • Must be resident-oriented and possess an understanding and tactful attitude with applicants and residents of public housing.
  • Must complete additional LIHTC and LIPH training within 12 months of hire.
  • Must have a valid driver’s license.
  • Working knowledge of PC-based computer applications for management reporting systems, e.g. Microsoft Word, Excel.
  • Must have comprehensive knowledge of property management principles and practices,
  • Must have a thorough knowledge of IRS Tax Code 42 and HUD regulations governing affordable housing and public housing administration.

Job Type: Full-time

Pay: From $23.00 per hour

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Employee discount
  • Health insurance
  • Life insurance
  • Paid time off
  • Retirement plan
  • Tuition reimbursement
  • Vision insurance

Schedule:

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

People with a criminal record are encouraged to apply

Work Location: In person

Job Type: Full-time

Pay: From $22.00 per hour

Benefits:

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

Schedule:

  • Monday to Friday

Work Location: In person

Salary : $22 - $23

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