Community Manager - LIHTC
This is a skilled administrative position for the management of residential commercial real estate. Work involves managing the operations of an assigned tax credit community and performing related duties. A Tax Credit Property Manager is responsible for the management of units, ensuring compliance with applicable HUD regulations, Housing Authority policies and Low-Income Housing Tax Credit (LIHTC) compliance. Work is performed with considerable independence under the direction of the Asset Manager and exercises direct supervision over assigned staff.
Essential Duties and Responsibilities:
- Managing compliance and recertification programs for both PB Section 8 and LIHTC
- Performs supervisory, administrative, and management functions involved in property operations.
- Supervises all assigned staff.
- Assists, confers with, and advises new residents on lease requirements and responsibilities.
- Conducts or supervises applicant background checks and recommends acceptance or rejection of applicants.
- Interviews prospective residents, shows available apartment units to applicants, and explains the operation of the dwelling equipment.
- Leases vacant units to approved applicants.
- Conducts eligibility of the initial examination and the re-examination, recertification for the tenants’ income and family composition as applicable.
- Manages and maintains a waiting list of prospective residents.
- Maintains and monitors lease and accounting records, accounts receivable/delinquency records and eviction notifications. Collects rents and other monies due from residents; posts collections to resident account cards, prepares and makes bank deposits, prepares financial reports and reviews same to assure accuracy and completeness prior to submission.
- Prepares and monitors daily, weekly, and monthly vacancies and delinquency reports.
- Coordinates follow-up and initiation of work orders and requests for maintenance work.
- Monitors contractors rendering services on the property.
Requirements:
- At least 5 years of Managing communities with LIHTC and Project base section 8 programs
- Two years supervisory experience effectively working with all levels of staff and management
- Must be knowledgeable of all local, state and federal Fair Housing laws and regulations
- Superior customer service skills and the ability to deal with difficult people and challenging situations while maintaining a positive and calm demeanor
- Ability to effectively and accurately communicate and present information verbally and in writing
- Must be proficient with MS Office
- Possess proven financial and accounting acumen
- Demonstrated ability to read a budget, conduct financial analysis and provide practical narrative and financial reporting
- Experience with Onesite software, preferred
- AHM, COS, SCHM certification or equivalent preferred
Learning & Development
Maintain a commitment to ongoing personal development and career growth though career path activities provided through the corporate office and external sources as needed.
Pratum prides itself on offering a competitive salary and extensive, market-competitive health and welfare benefits including:
- Medical, Dental & Vision
- Paid Vacation & Holidays
- Paid Personal/ Sick Leave
- Company Paid Life Insurance
- Company Paid Short-Term and Long-Term Disability Insurance
- Supplemental Life Insurance (self, spouse, child[rem])
- Retirement Savings Plan with company match
- Company outings and events
This role is exempt and has an anticipated annualized base salary range of $70,000-$80,000 for a new employee depending on a number of relevant factors including individuals’ experience, qualifications, knowledge, skills, abilities, client/property or company budgetary limitations/guidelines, and other job-related company and market considerations. This position may be eligible to receive discretionary and/or performance-based bonuses on a spot or annual basis, which are variable depending on individual merit/performance, budgetary limitations, company performance, and other job-related factors. Full-time positions (30+ hours/week) are eligible for 2 weeks paid vacation, 3 weeks sick and related leave, 11 paid holidays, and health & welfare benefits as outlined on the Company’s website. To learn more about our company and our benefits, go to: https://pratumco.com/careers/
Pratum Companies is committed to a diverse workforce and is an Equal Opportunity Employer.
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Skills Required
- At least 5 years managing communities with LIHTC and Project-Based Section 8 programs
- Two years of supervisory experience working effectively with all levels of staff and management
- Knowledge of local, state, and federal Fair Housing laws and regulations
- Superior customer service skills and ability to handle difficult people and challenging situations calmly
- Ability to communicate and present information effectively and accurately verbally and in writing
- Proficiency with Microsoft Office
- Proven financial and accounting acumen
- Ability to read budgets, conduct financial analysis, and provide practical narrative and financial reporting
- Experience with Onesite software
- AHM, COS, SCHM certification, or equivalent
What We Do
Pratum Companies is a national, integrated multifamily real estate firm serving public agencies, private investors, and developers. It provides development and construction advisory services, multifamily property management, acquisition and investment, third-party compliance and leasing consulting, and commercial cleaning. The company operates more than 150 multifamily communities, representing over 15,000 apartment homes across eight states in the Mid-Atlantic and South Atlantic regions.
