Property Manager in LODO - Tax Credit
DENVER, CO
Position Overview:
We are seeking a dedicated and detail-oriented Property Manager to oversee the operations of a small, tax credit-financed multifamily apartment complex located in the heart of Downtown Denver. This role requires a proactive and organized individual who can ensure the property remains compliant with tax credit requirements, provide excellent service to residents, and maintain efficient property management practices.
Key Responsibilities:
Compliance Management:
- Ensure compliance with Low-Income Housing Tax Credit (LIHTC) program requirements.
- Oversee tenant eligibility processes, including initial certifications, recertifications, and income verifications.
- Maintain accurate, up-to-date documentation to meet all local, state, and federal regulatory requirements.
- Prepare for and respond to audits and compliance reviews.
Property Operations:
- Manage day-to-day operations of the property, including leasing, maintenance, and tenant relations.
- Supervise and coordinate with on-site maintenance staff or contractors to ensure timely resolution of repairs and upkeep.
- Oversee vendor relationships and negotiate contracts to ensure cost-effectiveness and quality services.
- Ensure common areas and units meet cleanliness and safety standards.
- Serve as the point of contact for commercial tenants who occupy the building.
Financial Oversight:
- Develop and manage the property budget, ensuring adherence to financial goals.
- Monitor rent collection and enforce lease agreements in a professional and equitable manner.
- Prepare monthly and annual financial reports for ownership and stakeholders.
- Assist with maintaining occupancy levels through marketing, leasing strategies, and resident retention efforts.
Resident Relations:
- Serve as the primary point of contact for residents, addressing concerns and resolving issues promptly.
- Foster a positive, inclusive, and community-oriented atmosphere.
- Organize tenant communication, including notices, newsletters, and community updates.
Qualifications:
Education and Experience:
- Minimum of 2 years of experience in property management, with familiarity with LIHTC or other affordable housing programs.
Skills and Competencies:
- Strong knowledge of LIHTC regulations and property management best practices.
- Excellent organizational and multitasking abilities.
- Proficiency in property management software (e.g., Yardi, RentCafe, or similar).
- Strong financial acumen, including budgeting and reporting skills.
- Exceptional interpersonal and communication skills.
- Work independently with minimal supervision to manage all aspects of the role, demonstrating self-motivation, strong organizational skills, and the ability to prioritize tasks effectively.
Working Conditions:
- On-site property management with occasional weekend or evening hours as needed.
- Regular interaction with residents, staff, and contractors.
- Sole onsite office staff.
Compensation and Benefits:
- Competitive salary commensurate with experience.
- Benefits package including rent discount, 401k match after one year of service, PTO.
- Advancement on paychecks eligibility
We are an equal opportunity employer and welcome candidates from diverse backgrounds to apply