Upholdings - Chicago, IL
posted 4 months ago
The Assistant Property Manager is a crucial role responsible for overseeing all operations of a senior living property that is income-restricted under the Low-Income Housing Tax Credit (LIHTC) program. This position requires a proactive approach to managing property operations, ensuring compliance with various regulations, and fostering positive tenant relations. The Assistant Property Manager will work closely with the Property Manager and is accountable for collections, leasing, staff management, and generating operational reports. The role involves coordinating tenant relations and community activities, both within the property and the larger community, to create a supportive living environment for residents. In this position, the Assistant Property Manager will conduct all business in accordance with UPA, LLC policies, Fair Housing laws, and the Americans with Disabilities Act. Responsibilities include implementing scheduled meetings with service contractors, managing site staff, and hosting tenant meetings to promote community engagement. The Assistant Property Manager will also draft annual budgets, review aged receivables, and ensure tenant ledgers are updated monthly. A key aspect of the role is to maintain full occupancy of the property, ensuring timely filling of vacancies and compliance with governing documents. The Assistant Property Manager will prepare for annual inspections, coordinate maintenance activities, and ensure timely collection of rents. They will also handle delinquency notices and report any incidents to the Corporate Office. This position requires strong writing skills and proficiency in processing rental systems and spreadsheets. The ideal candidate will have at least three years of experience in property management or site operations, with certifications in Tax Credits and Certified Occupancy Specialist preferred.
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