Community Manager - Affordable

Posted Yesterday
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Houston, TX
60K-70K Annually
Entry level
Real Estate
The Role
The Community Manager oversees property operations, focusing on team management, financial performance, and compliance. Responsibilities include recruiting and coaching staff, managing budgets, ensuring high occupancy rates, executing marketing strategies, and providing exceptional customer service while maintaining compliance with affordable housing regulations.
Summary Generated by Built In

Community:

Fountains at Tidwell

Number of Units:

188

$1,000 First-Year Bonus*

Community Manager - Affordable

OUR COMPANY:

At Fairfield, we are proud to be a leader in the multifamily housing industry. We are passionate about creating exceptional and luxurious apartment living. Among the most experienced multifamily companies, Fairfield has developed and acquired over 1000 communities since 1985. We are an award-winning company that proudly employs over 1,400 associates who are dedicated to serving our customers at our apartment communities located in over 30 markets nationwide.

Being a part of Fairfield means more than a rewarding career with personal growth. It’s a partnership for the long term, working alongside colleagues in an open-dialogue environment that encourages growth and the sharing of ideas. We know that our associates are a key ingredient to our success, and we’re proud to reflect that in our culture.

ABOUT THIS POSITION:

Fairfield properties are known for our visible and available on-site staff that keep our residents loving where they live. Our Community Managers are independent leaders that maintain these high standards and approach all facets of the property’s operations with strong business instincts and a customer-centric mindset.

Community Managers play a critical role in hiring, coaching and supervising a high performing team. Their focus is to ensure the property’s revenue and profit targets are met while maintaining best in class standards for customer service and high retention for our residents.

This is a busy, exciting job for a dynamic, self-motivated collaborator who is passionate about a vibrant career in residential property management. This position reports to a Regional Manager.

WHAT YOU CAN EXPECT TO DO IN THIS ROLE:

TEAM MANAGEMENT

  • Recruit, lead, motivate, and develop a high performing and diverse staff.

  • Provide coaching, guidance, ongoing feedback and light mediation.

  • Ensure adherence by all staff to company policies and procedures.

FINANCE MANAGEMENT

  • Prepare, execute and truly own the property’s operational budget.

  • Utilize an online accounting system such as Yardi to generate and review reports to ensure property is within budgeted expectations and make recommendations for cost savings and revenue generating opportunities.

  • Oversees customer collections and implements legal proceedings when necessary

PROPERTY MANAGEMENT

  • Ensure budgeted occupancy levels at budgeted rental rates are in conjunction with other goals of the property.

  • Prepare and conduct property inspections and corporate or investor tours.

  • Maintain a collaborative working relationship with the on-site professional team to seamlessly coordinate and prepare for the welcoming of all new residents.

AFFORDABLE COMPLIANCE

  • Gather and follow up on all verifications of income, as required for LIHTC and/or HUD programs.

  • Monitor correct usage of income and rent limits as well as utility allowances.

  • Walk units to prepare for state required inspections.

  • Maintain positive relationship with local housing authority. 

SALES & MARKETING

  • Ensure the effective execution of marketing programs per branding and marketing standards.

  • Represent and ensure the content for your property is represented accurately on marketing assets such as the property website and social media.

CUSTOMER SERVICE

  • Increase resident satisfaction through lease renewal strategies and resident retention plans.

  • Serve as a Fairfield ambassador by effectively and professionally managing residents’ concerns

WHAT YOU’LL NEED ON DAY ONE:

  • Minimum of three years of property management experience required.

  • Minimum of three years LIHTC experience required.

  • Experience using Microsoft Outlook, Word, and Excel.

  • Prior experience preparing for a REAC inspection, as needed for HUD properties. 

  • Experience in a leadership position and in managing a staff preferred

  • Experience using Yardi or other related property management accounting software.

  • Experience in writing and maintaining budgets.

  • Strong understanding of federal, state and local fair housing laws and provisions.

  • Strong knowledge of IRS 8823 guide and HUD 4350.3 Manual.

  • The ability to read and understand regulatory agreements.

  • A previous track record of maintaining occupancy and net operating incomes in multi-family property management position(s).

  • High school diploma or equivalent required; Bachelor’s degree preferred. 

  • Industry certification preferred. 

  • Housing Credit Certified Professional (HCCP) Designation preferred.

  • Certified Credit Compliance Professional (C3P) Designation preferred. 

  • Certified Occupancy Specialist (COS) or Certified Professional of Occupancy (CPO) designation preferred if HUD property. 

  • Valid driver’s license required. 

*The First-Year Bonus, less usual deductions, will be divided into two equal payments: the first payment following the completion of 90 days of employment, and the second payment following the completion of 1 year of employment.

#LI-PAT

#IN-PAT

Estimated Rate of Pay:

$60,000.00 - $70,000.00

This position is exempt; the range above reflects annual salary.

The pay range displayed for this position is determined by skills and experience required, location and job complexity*. Potential job offers may vary based on the skills, education, and experience an individual candidate holds. This range reflects base rate only, and does not include allowances, perks, commissions or bonuses applicable to this position (if any). In addition to base salary, Fairfield offers all full time associates the following, upon meeting eligibility requirements: 

  • Paid time off, paid holidays and sick days, paid time off for volunteering activities (optional) 
  • Matched 401(k) 
  • Medical, dental & vision insurance 
  • Flexible spending account 
  • Life insurance 

* Pay range is a calculation based on a midpoint price. Fairfield complies with all wage and hour laws, including minimum wage and salary exempt requirements.

The Company
HQ: San Diego, California
1,399 Employees
On-site Workplace
Year Founded: 1985

What We Do

Fairfield is a fully integrated real estate operator and investment manager in the multifamily sector with in-house development, construction, acquisition, property and asset management services across a broad spectrum of investment strategies. Fairfield’s core capabilities span acquisition and development strategies including LIHTC Affordable, Value Add, Core Plus, Develop to Core, Suburban Development, and U.S. Multifamily Debt.

Fairfield is one of the top multifamily housing owners, developers and property managers in the U.S. as ranked by NMHC. We strive to create vibrant neighborhoods, deliver attractive returns, work collaboratively and make meaningful sustainable contributions to our communities. With over 37 years in the multifamily sector, Fairfield has acquired or developed 1,015 communities consisting of over 285,000 units and $39.8 billion in total project costs. Our current property management is 41,000 units in over 30 markets nationally (as of September 30, 2022).

Being a part of the Fairfield family of associates nationwide means more than a rewarding career with personal growth. It’s a partnership for the long term, working alongside colleagues in an open-dialogue environment that encourages growth and the sharing of ideas. We know that our associates are a key ingredient to our success, and we’re proud to reflect that in our culture. Creating Better Living for Better Lives.

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