Community Manager - Tax Credit

Pratum Companies; Bethesda (MD); On-site; USD 65,000 - 70,000; Full time

Benefits offered by this job

2 weeks paid vacation

3 weeks sick leave

11 paid holidays

Health & welfare benefits

Job summary

Pratum Companies is seeking a skilled Tax Credit Property Manager in Bethesda, Maryland. This position involves managing operations of a tax credit community, ensuring compliance with HUD regulations, and supervising assigned staff.

Ideal candidates should possess at least 3 years of supervisory experience, knowledge of Fair Housing laws, and strong customer service skills. A related certification to LIHTC compliance is also required. The position offers a competitive salary between $65,000 and $70,000, along with benefits and a commitment to workforce diversity.

Qualifications

• At least 3 years of managing communities with Tax Credit programs.
• 3 years supervisory experience effectively working with staff and management.
• Knowledgeable of local, state and federal Fair Housing laws and regulations.
• 3+ years experience in LIHTC compliance, certification and recertification.

Responsibilities

• Manage compliance and recertification programs for Tax Credit Community.
• Conduct applicant background checks and recommend acceptance.
• Supervise all assigned staff and manage the operations of the property.
• Maintain lease and accounting records, collect rents and prepare financial reports.

Skills

Bilingual: English/Spanish speaking

Customer service skills

Financial and accounting acumen

Proficiency in MS Office

Knowledge of Fair Housing laws

Education

Certification related to LIHTC or compliance

Tools

Yardi-Voyager

Onesite

Job description

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 Tax Credit (LIHTC) Community
• 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 3 years of Managing communities with Tax Credit programs
• 3 years supervisory experience effectively working with all levels of staff and management
• Preferably Bilingual: English/Spanish speaking
• 3 + years' experiencein Tax Credit (LIHTC) compliance, certification and recertification
• Must hold a certificationrelated to LIHTC or compliance, such as TCS or COS?\"
• 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
• Keepproperty in clean and curb appeal shape
• Ability to effectively and accurately communicate and present information verbally and in writing with tenants, owners andvendors
• Must be proficient with MS Office andYardi-Voyager
• 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/Yardi software, preferred
• AHM, COS, SCHM certification or equivalent preferred

This role is exempt and has an anticipated annualized base salary range of $65,000-$70,000 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.

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