Job Description:
Title: Property Manager II
Division: Affordable Housing
Status: Non-Exempt
Reports to: Regional Portfolio Leader
Revision Date: March 2025
Supervises: Site Staff at assigned property(ies), may include Maintenance Technician, Service Coordinator and Housekeeper, 2 or more FTEs
PURPOSE
According to prescribed policies and procedures of the organization including all applicable state, federal and accreditation regulations and under the general supervision of the Regional Portfolio Leader, the Property Manager II holds responsibility for the operational and financial oversight of assigned properties. The role ensures that each assigned property meets company goals, with the management of up to 150 units, in up to 4 communities.
ESSENTIAL FUNCTIONS
- Leadership and Management: Provides direct oversight and leadership of day-to-day operations for the assigned community(ies), ensuring all activities align with prescribed budgetary and company standards. This includes supervision of employees (including authority in decisions regarding hiring and firing), vendor management, and resident services to ensure smooth operational performance.
- Financial Oversight: Takes full responsibility for managing all financial operations, including preparation and adherence to annual operating budgets, financial statement analysis, and ensuring that operations remain within budgetary guidelines. Prepares and submits timely weekly, monthly, and quarterly financial reports.
- Regulatory Compliance: Ensures compliance with all applicable housing regulations including HUD, LIHTC, and state landlord and tenant laws. Manages communication with regulatory bodies and owners to address management and operational concerns.
- Property Operations: Oversees the operational and financial management of up to 150 units within programs such as HUD, COMBO, LIHTC, Housing Choice, and RAD, ensuring that all programmatic requirements are met.
- Budgeting and Reporting: Prepares capital improvement budgets and provided amendments, extensions, and schedules for rental assistance contracts (Section 8) and property management agreements. Collaborates with HUD, state agencies, and owners to review and seek necessary approvals.
- Resident and Staff Engagement: Implements and oversees resident retention programs and ensures that occupancy requirements, lease agreements, and house rules are clearly communicated and adhered to. Leads employee engagement efforts, ensuring a high level of staff development, satisfaction, and accountability.
- Marketing and Leasing: Oversees marketing and leasing functions to maintain or exceed occupancy goals. Monitors Yardi scores, data management, and staff training to maintain accuracy and compliance.
- Fair Housing and Compliance: Ensures all properties comply with Fair Housing standards, waiting list management, and tenant file organization. Leads the property to achieve favorable Management and Occupancy Review (MOR) scores and Real Estate Assessment Center (REAC) inspections.
- Vendor and Maintenance Management: Engages and supports vendor relationships to maintain property standards and addresses significant maintenance concerns promptly. Responsible for the management and financial operations of all services provided by their designated community(s) and its’ employees.
EXPECTATIONS
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, ancestry, military status, disability, genetic information and/or any other characteristics protected by applicable law.