DC Property Manager – Temp to Perm Tax Credit

Summary

Responsibilities

• Direct daily operational activities for residential buildings, ensuring all processes meet corporate standards and specific tax credit program mandates.
• Perform in-depth financial evaluations, encompassing budget formulation, rent roll updates, and operating expense oversight to optimize financial returns.
• Manage the full leasing lifecycle, including vacancy marketing, tenant screening, lease execution, and the coordination of move-in and move-out procedures.
• Act as the main contact for regulatory examinations, guaranteeing strict compliance with IRS, HUD, and local housing authority rules concerning tenant qualification and income verification.
• Direct on-site personnel, external vendors, and contractors, overseeing maintenance workflows to ensure repairs and capital projects are completed promptly and cost-effectively.
• Compile and deliver detailed reports to ownership partners and regulatory agencies, preserving precise records for compliance audits.
• Cultivate strong community engagement by resolving tenant issues swiftly and deploying strategies to boost satisfaction and retention rates.
• Oversee rent collection and lease enforcement, including the initiation of eviction processes when required and in strict accordance with District of Columbia statutes.

• Demonstrated background in property management within the real estate industry, ideally including experience with tax credit or affordable housing developments.
• Solid understanding of federal and local housing laws, particularly LIHTC compliance procedures and reporting obligations.
• Robust financial skills to handle budgeting, interpret financial data, and manage operational expenditures effectively.
• Superior communication and interpersonal abilities to engage professionally with a wide range of stakeholders, including residents, investors, and government representatives.
• Competence in utilizing property management platforms and standard business productivity software.
• Capacity to function autonomously, manage competing priorities in a dynamic setting, and mediate conflicts effectively.
• Possession of a valid driver's license and dependable transportation for property inspections and external appointments.
• A Bachelor's degree in Business Administration, Real Estate, or a related discipline is preferred.