LIHTC Property Manager - Tesoro Group

Tesoro Group is seeking an experienced Property Manager to join one of our client’s teams at (2) properties in Maple Grove (55369) and Minneapolis (55446). The ideal candidate will have 2 years’ experience in affordable property management (tax credit/section 42 and section 8 vouchers). This position is a contract role that will be expected to last 60-120 days with the potential to go long-term and permanent with the right candidate.

This role will be working with (2) properties – Site 1: 56 affordable housing units/2 stories, built in 2006 and site 2: 24 affordable housing units/2 stories and built in 1999.

Salary: $25-$29/hour DOQ. This position is a contract role that will be expected to last 60-120 days with the potential to go long-term and permanent with the right candidate.

Schedule: Monday – Friday 830am – 5pm – some weekend availability required during peak seasons.

The Property Manager is responsible for managing the daily operations of the site in order to provide a fiscally sound, well-maintained, and socially healthy apartment community. The Property Manager also provides leadership and guidance to the staff.

Job Duties and Essential Functions:

Compliance

• Ensures compliance with state, federal and local laws.
• Complies with all city requirements and submit monthly reporting.
• Stays abreast of any changes in fair housing.

Leadership

• Develops and maintains effective, professional relationship with residents, the community and owners/owner boards.
• Maintains customer service and excellent relations with residents, resident cooperatives, outside agencies and organizations.
• Walks property at regular intervals to ensure resident property rules are being followed and that the property is clean and orderly and in good maintenance condition
• Confers with maintenance technician concerning deferred maintenance, the operational budget, staff problems and overall maintenance related issues.
• Supervises, directs, trains and evaluates staff. Prepares yearly employee reviews
• Directs assistant manager in collections.

Financial

• Meets Company benchmarks for occupancy, rent collections and timely compliance paperwork.
• Operates property within budgeted income and expense guidelines.
• Obtains bids and supervises capital or contract service.
• Assists or prepares annual budget for the property.
• Reviews and codes all invoices for payment.
• Tracks and evaluates utility costs.
• Prints monthly reports concerning lease expiration dates and calculates rent increases.
• Enters all data into YARDI.

Property Management

• Maintains accurate waiting list. Selects and screens new residents.
• Reports to regional manager and/or vice president of property management prior to hiring, terminating or making wage or position adjustments of on-site personnel. Authorizes staff payroll.
• Works on the last day and first day of each month until responsibilities completed.
• Leases apartments; implements and maintains effective advertising and marketing plan.
• Obtains bids and supervises capital or contract service.
• Meets all corporate designated deadlines.
• Implements staff, program and/or site improvements contained in budget and OPM.
• Implements procedures as outlined in the Red Book. (Emergency procedures manual)
• Supervises and purchases janitorial, maintenance and office supplies.
• Keeps regional manager informed on operational and financial details.
• Implements comprehensive marketing strategy to meet predetermined vacancy standards.
• Shows apartments.
• Prepares monthly newsletter for entire complex.
• Plans and coordinates resident activities.
• Plans and coordinates model apartments.
• Holds regular Crime Watch meetings.

Knowledge Skills and Abilities:

• Strong marketing and leasing skills.
• Strong motivational skills.
• Ability to self-direct.
• Ability to manage multiple projects or tasks.
• Proficient office skills.
• Willingness to learn.
• Willingness to coordinate resident activities.
• Excellent communication and organizational skills.
• Excellent collection skills.
• Proficient on the computer.
• Demonstrates a clear understanding and consistent use of YARDI software and EZ Labor.
• Excellent accounting skills.
• Typing speed of 40 to 50 wpm.
• Excellent verbal, written and communication skills.
• Basic understanding of Affordable Housing Program.
• Basic knowledge of apartment maintenance and construction.
• Commitment to the property performance.

Minimum Requirements:

• At least 2 years’ experience in affordable property management (tax credit/section 42 and section 8 vouchers).
• Knowledge of government subsidy programs.
• Working knowledge of Microsoft Office Suite, Outlook and Excel.
• Be able to pass a Kari Koskinen background check before employment.

Tesoro Group is a leading provider of specialized talent solutions dedicated to connecting exceptional individuals with exciting career opportunities across various industries. We specialize in matching highly qualified candidates with companies seeking expertise in finance, technology, marketing, legal, administrative, and customer support roles. At Tesoro Group, we are committed to empowering you for success by providing access to top-tier positions, competitive compensation packages, comprehensive benefits, and unmatched communication and support.

Tesoro Group is an Equal Opportunity Employer, and we welcome applicants from all backgrounds. We believe in creating an inclusive environment where talent thrives, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other legally protected status.

We are committed to providing reasonable accommodation throughout the application and interview process. If you require assistance, please reach out to info@tesoroco.com. Pay offered to successful candidates is determined by various factors, including education, experience, location, job duties, and certifications.

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