Property Manager - LIHTC
$62k - $68kPaths Building Services LLC
Property Manager
Property Manager Paths is a full-scale, vertically integrated affordable housing developer, builder, and operator. Since 2004, the Paths team has created and preserved high-quality, affordable housing across the U.S. that enhances communities and helps residents build better lives. With over 15,000 units across 13 states under management and more than 500 employees, Paths manages a suite of capabilities spanning the entire property life cycle, including development, construction, property management, maintenance, and security.
Summary/Objective: The Property Manager is responsible for the overall operation of the assigned property, a 250-unit LIHTC (Low-Income Housing Tax Credit) community, ensuring the property operates efficiently and cost-effectively while maintaining compliance with all local, state, and federal regulatory requirements in all aspects of property management, tenancy, and operations.
Classification: Exempt (not overtime eligible)
Location: DeSoto, TX 75115
Essential Function/Responsibilities:
- Responsible for income recertification, leasing, and re-leasing property
- Knowledgeable in and compliant with all local, State, and federal property regulations, including landlord/tenant regulations.
- Consistently provides residents, vendors, and employees with the highest quality of service and support
- Responsible for all required reporting, monthly financial reporting, including variance explanations
- Reviews expenses and assists in the preparation of annual budgets
- Responsible for the thorough knowledge, execution, and enforcement of all policies and procedures of Paths and its affiliated companies.
- Exhibits a complete knowledge of the community and operates the property and residents within Fair Housing guidelines.
- Responsible for ensuring the model apartments, office, community spaces, and vacant ready apartments are 'market ready.' You must be aware of the 'curb appeal' of the property.
- Knowledge of lease terms, specifications, and all community policies.
- Responsible for ensuring all employees respond to resident requests or complaints promptly and efficiently.
- Responsible for ensuring all department employees always operate within company and governmental safety policies.
- Report any unusual circumstances regarding the residents, property or personnel to the Regional Manager.
- Responsible for reporting any property loss or liability-related incidents and work-related injuries to the Regional Manager, or appropriate claims personnel at the Company.
- Responsible for job training, employee disciplinary notices, and general supervision
- Performance evaluations for on-site employees are done in consultation with the regional manager.
- Process delinquent rents and other non-compliant lease violations in accordance with company policy.
- Processes evictions by Federal, State, and local laws.
- Responsible for all unit inspections, including unit move-ins and move-outs. Prepares security dispositions, including damages per the Central AR/AP guidelines.
- Responsible for proper preservation of all resident and property files.
- Maintains and submits accurate payroll records.
- Maintains required safety records and conducts semi-annual and monthly safety meetings with site staff.
- Conducts daily physical inspections of the entire property.
- Responsible for generating the preventive maintenance schedule for the Maintenance staff.
- Responsible for securing bids for different projects, including capital expenditures required for the property, in accordance with the budget and consultation with the Regional Manager.
- Process all invoices weekly, per the Central AR/A/P policies and procedures.
- Ensures all required month-end procedures are completed by the due date
- Ensures the scheduling for 24-hour property coverage for maintenance emergencies.
Requirements:
- Bachelor's degree in real estate, Business, Social Work, or a related field
- Minimum 2- 3 years of property management experience
- Must have HUD, LIHTC, and Section 8 experience
- Demonstrated ability to read and analyze financial reports, technical procedures, and governmental regulations.
- Ability to write reports and business correspondences
- Must have excellent computer skills as well as proficiency in Microsoft Office Suite - Word, Excel and Outlook
- Yardi Forecast or Yardi Asset IQ software experience a plus
- Previous supervisory experience
- Bilingual English and Spanish - read, write, speak - a plus
Salary Range: $62,000 - $68,000
Benefits:
- Medical Insurance: 100% of medical benefits paid for employees only
- Voluntary dental and vision plan options
- 401(K) available plus company match
- Paid Time Off
- 12 Paid Company Holidays
- Commuter Benefits
- Voluntary short-term disability, long-term disability, life insurance, dependent coverage
- Voluntary accident insurance, critical Illness insurance, and hospital indemnity Insurance
- Employee Referral Program
- Employee Assistant Program (EAP) PBP
EOE Statement - We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.
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