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The NRP Group

Integrated multifamily development, construction, management

Floating Community Manager - Low-Income Housing Tax Credit

Real Estate Property ManagementPosted on Nov 13
Full-timeSan Marcos, TX, USA

About the Job

Requirements

  • A high school diploma or equivalent is required; a bachelor's degree or Certified Property Manager (CPM) designation is highly preferred.
  • At least 5–6 years of property management experience is required.
  • At least one year of supervisory experience is required.
  • Working knowledge of applicable landlord-tenant laws, Fair Housing regulations, the IRS Section 42 Low-Income Housing Tax Credit (LIHTC) program, and other laws relating to property-specific guidelines and occupancy standards is required.
  • Strong computer skills, especially with the Microsoft Office Suite, are required.
  • Reliable transportation for essential job functions is required.

Responsibilities

  • Oversee the property's financial performance and work toward achieving budgeted net operating income.
  • Maximize property cash flow by minimizing delinquencies, ensuring timely rent collection, monitoring banking activities and daily deposits, and contacting residents to collect overdue rent.
  • Ensure all Yardi data is correct by monitoring data entry and reporting functions, accuracy and timely preparation of leasing activities, accounts receivable cash receipts, accounts payable invoices, statements of disposition, monthly closing procedures, and late fees.
  • Develop cost-saving strategies to reduce budgeted expenses.
  • Create the annual operating budget and business plan with the Accounting team and Regional Property Manager.
  • Review financial statements in a timely manner while working closely with property accounting team members.
  • Prepare monthly variance reports.
  • Analyze income, expenses, traffic, lease expirations, market rents, delinquency, and financial statements, and make recommendations as needed.
  • Recommend and oversee capital improvements, deferred maintenance, and upgrade programs.
  • Review and analyze bid summaries for purchasing goods and services, monitor vendor work, and ensure accurate invoicing.
  • Ensure contracted services and materials are accounted for and work has been properly performed before releasing payment.
  • Process delinquent residents according to policy, collect late fees, and file on units by the appropriate deadline.
  • Represent the property in court proceedings and understand property legal issues affecting residency, storage, abandonment, bankruptcy, fair housing, and unlawful detainer or eviction actions.
  • Support the leasing team by leasing apartments, responding to telephone inquiries, qualifying applicants, showing apartments, and ensuring move-in paperwork is accurately prepared.
  • Monitor rental activity, on-site sales, marketing outreach, and advertising plans.
  • Maintain in-depth knowledge of the associated market, market rents, and demographics to support a competitive position.
  • Evaluate and make recommendations for rental pricing.
  • Monitor daily move-in and move-out property status reports.
  • Verify weekly traffic sources, follow up on prospect status and closing-ratio numbers, and implement programs and team development plans to improve results.
  • Ensure all residents are on a current NRP lease.
  • Monitor compliance with Fair Housing regulations, tax compliance regulations, and other laws relating to property-specific guidelines and occupancy standards.
  • Maintain passing e-shop, phone-shop, and physical-shop scores.
  • Complete daily inspections 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 meet residents' needs and improve retention.
  • Provide customer service and maintain a courteous and professional attitude toward customers.
  • Maintain availability or coverage for emergencies, on-call duties, resident functions, and weekends.
  • Train, coach, and mentor team members, work with the training department, and provide ongoing feedback.
  • Create a team environment by holding weekly team meetings, establishing realistic goals, and fostering open communication.
  • Generate employee schedules in e-time and audit missed punches.
  • Perform other duties as required.

Desired Qualifications

  • Experience with Yardi is preferred.
  • A bachelor's degree or Certified Property Manager (CPM) designation is highly preferred.

About the Company

The NRP Group

Integrated multifamily development, construction, management

What The NRP Group does: It develops, builds, and manages multifamily housing in the United States, handling land acquisition, project development, construction, and ongoing property management for both affordable and market-rate housing. How its product works: The company runs an integrated process from land purchase to development, construction, and long-term management, generating revenue through development fees, construction contracts, and property management services. How it differs from competitors: It offers a fully integrated platform that covers every step from inception to operation, serving investors, municipalities, and residents with a single, cohesive approach aimed at delivering quality living spaces efficiently. What its goal is: To provide high-quality multifamily housing across the U.S. by coordinating development, construction, and property management in a unified model.

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