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Property Manager – Affordable Housing (LIHTC & PBV) Benson Place- 2 Bedroom Mgr.

Royal Property Management Group, San Diego, CA, United States


Job Description Property Manager – Affordable Housing (LIHTC & PBV) Location:

San Diego County, CA 92154

Employment Type:

Full-Time

Reports To:

Regional Property Manager / Director of Operations

Position Summary The

Property Manager

is responsible for the overall operations, compliance, financial performance, leasing, and resident relations of an affordable housing community operating under LIHTC and Project-Based Voucher (PBV)/Section 8 programs. This role ensures the property maintains high occupancy, minimizes delinquency, and remains fully compliant with all regulatory requirements.

The Property Manager leads on-site staff, drives leasing performance, enforces collections, ensures audit readiness, and collaborates closely with compliance teams and case management partners. This position requires strong leadership, urgency, and the ability to balance regulatory compliance with operational performance.

Key Responsibilities Property Operations & Oversight

Oversee day-to-day operations including leasing, maintenance, resident relations, and vendor coordination

Ensure property curb appeal, cleanliness, and safety standards are consistently maintained

Implement and enforce company policies, SOPs, and internal controls

Conduct routine property inspections (units, common areas, safety compliance)

Manage incident reporting, risk mitigation, and follow-up on all safety or liability concerns

Ensure proper documentation of all operational activities

Leasing & Occupancy Management

Maintain occupancy targets and minimize vacancy days

Ensure units are turned and leased within company benchmarks

Oversee applicant pipeline management, ensuring

2–3 backup files per unit type

Ensure all move-ins are fully approved by compliance prior to occupancy

Monitor leasing staff performance and hold team accountable for leasing goals (leases per month)

Coordinate with referral partners (housing authorities, case managers, agencies) to maintain consistent leasing flow

Implement leasing strategies for hard‑to‑house units or slow‑moving inventory

Compliance & Affordable Housing Programs

Ensure full compliance with LIHTC, PBV/Section 8, HUD, and all layered funding requirements

Oversee certifications, recertifications, and interim adjustments

Ensure accurate income, asset, and rent calculations

Maintain audit‑ready files at all times

Enforce Tenant Selection Plan (TSP) and ensure consistent application

Prevent unauthorized move‑ins or non‑compliant file processing

Work proactively with compliance teams to resolve file discrepancies

Delinquency & Collections

Actively manage rent collections and subsidy tracking

Monitor delinquency weekly and implement corrective action immediately

Ensure timely issuance of notices (3‑Day Notices, Balance Due, etc.)

Partner with case management for residents with high barriers or chronic delinquency

Enforce lease terms consistently while balancing supportive housing requirements

Track repayment agreements and ensure follow‑through

Escalate non‑compliance or high‑risk accounts to Regional/Leadership timely

Financial Management & Controls

Manage property financial performance including budget adherence and expense control

Review monthly financials, variance reports, and general ledger accuracy

Ensure proper coding of invoices and expenses (in alignment with GL structure)

Monitor and control overtime, vendor costs, and contract services

Identify cost‑saving opportunities without compromising operations

Assist in budget preparation, reforecasts, and lease‑up budgeting

Maintain strict internal controls (no cash handling violations, proper approvals, etc.)

Maintenance & Asset Preservation

Ensure timely completion of work orders and unit turns

Enforce preventive maintenance schedules and capital improvement tracking

Conduct regular walks with maintenance team to identify deficiencies

Ensure readiness for inspections and maintain physical compliance standards

Coordinate vendors and ensure contract scope adherence and performance

Audit & Regulatory Readiness

Maintain property in audit‑ready condition at all times

Prepare for TCAC, HCD, HUD, NSPIRE/REAC, and investor audits

Respond to audit findings and implement corrective action plans

Track and resolve all compliance deficiencies within required timelines

Team Leadership, Accountability & Staffing

Supervise, train, and evaluate all on‑site staff

Establish clear expectations and hold staff accountable for performance

Address performance issues promptly, including coaching and corrective action

Ensure proper staffing levels and support hiring, onboarding, and training

Conduct regular staff meetings focused on leasing, compliance, and operations

Promote a culture of urgency, accountability, and professionalism

Supportive Housing & Case Management Coordination

Coordinate closely with case managers, service providers, and agencies (e.g., PSH, SDRC, PATH, etc.)

Participate in case conferencing for high‑acuity residents

Support housing stability while enforcing lease compliance

Assist with intervention strategies for behavioral, health, or lease violation concerns

Coordinate rehousing or transfers when appropriate

Risk Management & Legal Compliance

Ensure compliance with Fair Housing, ADA, and all applicable laws

Manage reasonable accommodation and modification requests properly and timely

Oversee proper handling of notices, lease enforcement, and legal documentation

Coordinate with legal counsel and Regional on evictions or legal actions

Ensure incident reports (injuries, disturbances, property damage) are properly documented and escalated

Coordination & Communication

Serve as primary point of contact for residents, staff, vendors, and stakeholders

Communicate regularly with Regional Manager, Compliance, and Ownership

Provide clear updates on occupancy, delinquency, staffing, and risks

Ensure strong collaboration between operations, compliance, and services

Reporting & Performance Tracking

Track and report on key metrics:

Occupancy %

Vacancy days

Leasing velocity (leases per month)

Delinquency balances and trends

Maintain accurate reporting in RealPage and internal trackers

Identify trends and implement corrective strategies quickly

Ensure weekly and monthly reporting deadlines are met

Qualifications Required:

3–5+ years of affordable housing property management experience

Strong knowledge of LIHTC and PBV/Section 8 programs

Experience with leasing, compliance, and collections

Strong understanding of Fair Housing and regulatory compliance

Proven leadership and team management experience

Strong organizational, analytical, and problem‑solving skills

Proficiency in RealPage (or similar) and Microsoft Office

Preferred:

Experience with PSH, MHSA, HOME, or layered funding programs

Experience with lease‑ups or distressed/stabilization assets

Certifications (COS, TCS, HCCP, etc.)

Experience working with high‑acuity populations and service providers

Core Competencies

Strong leadership and accountability mindset

High sense of urgency and ownership

Detail‑oriented with strong compliance focus

Financial and operational acumen

Ability to manage competing priorities across multiple demands

Effective communication and conflict resolution

Additional Expectations

Maintain

zero tolerance for non‑compliant move‑ins or file delays

Ensure

timely communication escalation

of risks to Regional leadership

Drive

continuous improvement

in leasing, collections, and operations

Lead by example in professionalism, responsiveness, and accountability

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