Cambridge Management, Inc. · 5 hours ago
Community Manager - TIW *LIHTC EXP Required*
Cambridge Management, Inc. (CMI) is a property management company focused on affordable housing communities. The Community Manager is responsible for overseeing the daily operations of multi-family communities, ensuring excellent customer service, financial performance, and compliance with housing regulations.
CommunitiesProperty ManagementReal Estate
Responsibilities
Oversee all financial performance of the property and work towards achieving budgeted NOI
Ensure all OneSite data is correct by monitoring input and report functions, accuracy and timely preparation of leasing activities, A/R cash receipts, A/P Invoices, statements of disposition, monthly closing procedures, and late fees
Recommend and oversee all capital improvements, deferred maintenance, and upgrade programs
Serve as property representative in court proceedings under direction of legal counsel, understanding all property legal issues affecting residency, storage, abandonment, bankruptcy, fair housing, and unlawful detainer/eviction actions
Support the leasing team by leasing apartments, responding to telephone inquiries, qualifying applicants, show apartments, ensuring all move-in paperwork is accurately prepared
Maintain on-going, in-depth knowledge of associated market, market rents and demographics to give a competitive edge
Monitor compliance with Fair Housing regulations, Tax Compliance regulations, and other laws as they relate to property specific guidelines and occupancy standards
Recruit and select team members by understanding and adhering to CMI’s selection process policies, procedures, and core values
Provide recommendations for compensation adjustments, promotions, and terminations. Administer disciplinary action and terminations, after consulting Regional Manager and Human Resources
Maximize cash flow at the property by maximizing revenue, minimizing delinquencies, ensuring timely rent collection, monitoring banking activities and daily deposits, and contacting residents to collect overdue rent
Develop cost-saving strategies to reduce budgeted expenses
Create annual operating budget and business plan with accounting team and Regional Manager
Prepare variance report monthly
Review and analyze income, expenses, traffic, lease expirations, market rents, delinquency, financial statements, and make recommendations as needed
Review and analyze all bid summaries for the purchase of goods and services, monitor the vendors’ work, and guarantee accurate invoicing
Ensure that all contracted services and materials are accounted for and that the work has been performed properly and satisfactorily prior to the release of payment
Process delinquent residents according to policy, collect late fees, and file evictions on units at the appropriate deadline
Monitor direction of rental activity and all on-site sales, marketing outreach, and advertising plans
Evaluate and make recommendations for rental pricing
Monitor daily move-in/move-out property status reports and manage the monthly renewal process
Verify weekly traffic sources, following up on prospect status and closing ratio numbers and implement programs and team development plans to improve results
Complete a daily inspection of the property and market-ready units
Monitor and direct service operations to ensure service requests are completed within 24 hours and curb appeal standards are met
Supervise safety and risk management functions, including coordinating monthly safety meetings
Review resident retention programs, to continue to meet resident needs and improve retention
Provide excellent customer service and display a courteous and professional attitude toward all customers
Maintain availability or coverage for emergencies, on-call duties, resident functions, and weekends
Train, coach, and mentor team members, working with the training department as well as providing on-going feedback
Create a team environment by holding weekly team meetings, establishing realistic goals, and fostering open communication
Generate employee schedules and audit missed punches
Perform other duties as required
Qualification
Required
High School Diploma or equivalent
Experience in managing LIHTC and HUD multi-family properties
3+ year's property management experience
One-year supervisory experience
Working knowledge of applicable Landlord Tenant Laws, Fair Housing Regulations, LIHTC/HUD Programs, and other laws as they relate to property specific guidelines and occupancy standards
Must be able to travel to and from a bank and other off-site locations as a requirement of this position
A valid driver's license is required if performing these tasks or driving a golf cart
Must be able to complete all required training within thirty (30) days of hire date
Preferred
Bachelor's degree or CPM highly preferred
Property Management Certification (ARM, CAM, etc.) preferred
Benefits
Paid time off:
An accrual of 80 hours Vacation.
Up to 6 paid sick days per year. (varies based on state sick leave laws)
8 paid holidays
2 paid floating holidays.
Benefits offered:
Medical, Dental, Vision, Life Insurance, Long Term Disability, AD&D & EAP
401(k) with employer match
Voluntary benefits available
Company
Cambridge Management, Inc.
Cambridge Management, Inc. was founded in 1987 to provide quality management for affordable housing communities.
Funding
Current Stage
Growth StageCompany data provided by crunchbase