Affordable Housing Regional Portfolio Manager (REF5719R)

$100,000 - $110,000/Yr

Fpi Management - Reno, NV

Full-time - Mid Level

Reno, NV

1,001-5,000 employees

Real Estate

About the position

The Affordable Regional Portfolio Manager is a key role at FPI Management, responsible for overseeing a designated group of assets. This position requires a strong commitment to enforcing FPI Management's policies, procedures, and internal operations. The Regional Portfolio Manager is accountable for the overall operations of the properties within their portfolio, ensuring that they meet the expectations of clients based on the respective operating budgets and management agreements. This role involves a variety of tasks, including compliance with Equal Housing Opportunity laws, monitoring LIHTC and Section 8 policies, and conducting regular inspections and file reviews. In addition to regulatory compliance, the Regional Portfolio Manager is tasked with preparing annual operating budgets, monitoring project budgets, and making recommendations based on market conditions. They must ensure that all properties maintain the required documentation and adhere to FPI standards for maintenance and cleanliness. The position also involves training and guiding on-site personnel, responding to resident and client inquiries promptly, and participating in recruitment activities. The ideal candidate will have a strong background in affordable housing programs, leadership experience in property management, and excellent communication skills. They will be expected to maintain a professional demeanor and promote a positive image of FPI Management while ensuring that all community rules and regulations are enforced fairly and consistently.

Responsibilities

• Ensure compliance with all Equal Housing Opportunity/Affirmative Fair Housing laws.
• Ensure proper LIHTC and/or Section 8 policies and procedures are followed.
• Monitor LIHTC Application and Annual Recertification processes.
• Conduct file reviews, physical inspections, and interact with regulatory agencies.
• Conduct semi-annual inspections as required.
• Prepare annual operating budgets for submission to Clients and Properties.
• Monitor project budgets and marketing to maintain an awareness of the current financial status of each asset.
• Alert the FPI Management Executive Committee of any recommended changes.
• Complete the monthly/quarterly Property Manager Checklist and submit on-time.
• Make rent and concession recommendations based on market conditions and availability.
• Verify that each property is adequately maintaining appropriate and required forms, leases, documents, resident certifications, invoices, and all other necessary forms, posters, and signs required by the Client, the Lender, and FPI Management.
• Assure that all units are maintained to FPI standards, including turn-over's, exterior curb appeal, decorating recommendations, and cleanliness.
• Review vacancies, availability dates, and turn-over rates.
• Review monthly operating statements, budget and variance reports, check registers as necessary, delinquency reports, and other financial reports as provided by FPI Management to ensure budgetary control.
• Monitor service requests for completion, timeliness, and resident satisfaction.
• Maintain a professional appearance at all times in the presence of Employees, Clients and Residents.
• Provide training and positive guidance to all employees to ensure maximum productivity.
• Personally respond to Resident, Client, and Vendor calls, emails, and text messages within 24 hours of receipt during the work week.
• Responsible for participating in recruiting activities and making sound hiring decisions for all on-site position openings.
• Responsible for meeting all training requirements for the PM position and ensuring site employees have met the training requirements for their position.
• Evaluate the performance of each on-site personnel on an ongoing basis.
• Ensure all employee communication and counseling is properly documented and provided to the Human Resource Department.
• Ensure CD Annual Reviews are completed, as well as Community Directors are completing reviews for each of their staff.
• Maintain positive, professional and effective communication with Clients and Supervisors to ensure FPI is meeting the Client objectives and expectations.
• Consistently and fairly enforce community rules and regulations, FPI Standard Operating Procedures.

Requirements

• Minimum of 3 years' experience with affordable housing programs including LIHTC, HUD programs, USDA-Rural Development, HCD, HOME Funds and Bonds.
• Minimum 2 years' experience in a similar leadership role within a Property Management environment.
• High School diploma or equivalency certificate required; college degree in a relatable field preferred.
• Certification or designation from an accredited organization preferred (e.g., ARM, CAM, CAPS, COS, CPM, MPM, RMP).
• Valid Real Estate Salesperson License (requirement varies by state).
• Valid Driver's License with a good driving record and current motor vehicle insurance.

Nice-to-haves

• Affordable Housing Accreditation (HCCP, HCP-E, COS, BOS, TCS, CPO, etc.) or other applicable designations in affordable programs.
• Proficiency in property management software such as Yardi, Weblisters, Site Pro, RealPage, Onesite, and others.

Benefits

• Comprehensive compensation and benefits packages including an employee-only employer-paid plan.
• Ongoing training and development opportunities.
• Career growth opportunities within the company.