Community Manager LIHTC Job at Pratum in Silver Spring

Community Manager

This is a skilled administrative position for the management of residential commercial real estate. The Low Income Tax Credit Community Manager is responsible for the overall management and operation of LIHTC properties, ensuring compliance with federal, state, and local regulations. The ideal candidate will have a strong understanding of LIHTC regulations, excellent communication skills, and a commitment to providing exceptional service to residents. Work involves managing the operations of an assigned tax credit community and performing related duties to ensure compliance with applicable HUD regulations and Low-Income Housing Tax Credit (LIHTC) compliance. Work is performed to achieve financial and operational goals of the owners and company, ensuring a sufficient flow of revenue by maintaining a high percentage of apartment unit occupancy, adherence to property standards (to include unit turns and routine maintenance, grounds at a functional and high aesthetic level), owner and resident satisfaction, and controlling expenses.

Essential Duties and Responsibilities:

1. Property Operations: Oversee day-to-day operations of the property, including leasing, rent collection, maintenance, and resident relations. Develop and implement property management policies and procedures to enhance operational efficiency.
2. Compliance Management: Ensure the property is compliant with LIHTC regulations, including tenant eligibility, income certifications, and reporting requirements. Maintain accurate records of tenant files, income certifications, and other documentation as required by the regulatory agency.
3. Financial Management: Prepare and manage property budgets, including operating expenses and capital improvements. Monitor financial performance, prepare financial reports, and ensure timely rent collection.
4. Resident Relations: Foster a positive living environment by addressing resident concerns, resolving conflicts, and promoting community engagement. Organize resident events and activities to enhance community involvement.
5. Maintenance Oversight: Coordinate maintenance and repair activities, ensuring properties are well-maintained and meet safety standards. Conduct regular property inspections to identify and address maintenance issues promptly.
6. Team Leadership: Supervise and train property staff, ensuring they understand LIHTC regulations and company policies. Promote a culture of teamwork and accountability among staff members.
7. Community Engagement: Build relationships with local organizations, government agencies, and community stakeholders to promote the property and its services. Stay informed about local housing trends and resources to better serve residents.

Requirements:

1. Minimum of 3 years of property management experience, with a focus on LIHTC properties.
2. Knowledge of LIHTC compliance requirements.
3. Strong financial acumen and experience with budgeting and financial reporting.
4. Excellent communication and interpersonal skills.
5. Proficient in property management software and Microsoft Office Suite.
6. Ability to work independently and as part of a team.
7. Certification in property management (e.g., COS, CPM, CAM, or HCCP) is a plus.

Pratum Companies prides itself on offering a competitive salary and extensive, market-competitive health and welfare benefits including:

1. Medical, Dental & Vision
2. Prescription Drug Program
3. Paid Vacation & Holiday
4. Paid Personal/Sick Leave
5. Company Paid Life Insurance
6. Company Paid AD&D Insurance
7. Company Paid Short-Term Disability
8. Company Paid Long-Term Disability
9. Supplemental Life Insurance
10. Dependent Supplemental Life Insurance
11. Educational Assistance
12. Financial Planning
13. Retirement Savings Plan with company matching
14. Company outings and events

Pratum Companies is committed to a diverse workforce and is an Equal Opportunity Employer.

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