Subsidy Leasing Administrator
Cornell Pace Inc, New Rochelle, NY, United States
Benefits "
401(k)
Dental insurance
Health insurance
Paid time off
Vision insurance
" About Cornell Pace
Cornell Pace Inc. is a leading New York-based affordable housing property management company with over 30 years of operating history and approximately 6,000 units under management. We specialize in NYCHA PACT, LIHTC, HUD/HPD-regulated, and Section 8 properties across the New York metropolitan area. We are growing and seeking experienced, mission-driven professionals to join our team.
Role Overview
This role is central to our leasing and subsidy operations. Reporting to senior management, the Subsidy & Leasing Administrator is responsible for managing a high volume of lease activity, maintaining compliance with multiple housing subsidy programs, and serving as a key point of contact for tenants and subsidy agencies. The ideal candidate is organized, persistent, and experienced in the full spectrum of affordable housing leasing.
Responsibilities
Leasing & Renewals
Process high-volume lease renewals monthly, including adjustments for preferential rents, PHFL 610, and applicable rent payment standards.
Enter and maintain all initial leases and lease renewals in Yardi Voyager with accuracy and timeliness.
Market and rent vacant apartments with and without housing subsidies, including FHEPS, City FHEPS, Section 8, HOME, and others.
Pre-qualify prospective tenants across various Federal, City and State rental assistance programs.
Contact tenants to schedule lease signings and collect or update required documentation.
Subsidy & Agency Management
Enter and reconcile Section 8 and program payments from agencies in NYC and outside NYC, covering both tenant and agency shares.
Make necessary payment adjustments for share changes, both retroactively and prospectively.
Submit lease renewals to Section 8 and housing agencies; follow up to secure timely rent increases.
Submit annual increases for project-based voucher rent payments.
Follow up with Section 8 and agencies to resolve payment discrepancies.
Respond promptly to incoming inquiries from tenants and subsidy agencies.
General
Facilitate the collection and submission of all required applicant and tenant documents.
Perform other related duties, reporting, and analysis as assigned.
Requirements
Minimum 5 years of hands-on experience with Yardi Voyager (required).
Minimum 5 years of direct experience working with Section 8 and multiple housing subsidy programs (required).
Strong working knowledge of FHEPS, City FHEPS, HOME, and other NYC-area subsidy programs.
Knowledge of Low-Income Housing Tax Credit (LIHTC) and Certificate of Occupancy/COS compliance (a plus).
Proficiency in Microsoft Office, particularly Excel.
Exceptional organizational skills with the ability to prioritize in a high-volume, fast-paced environment.
Strong written and verbal communication skills for effective collaboration with colleagues, tenants, and agencies.
Demonstrated work ethic, persistence, and reliability.
Bilingual in English and Spanish strongly preferred.
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401(k)
Dental insurance
Health insurance
Paid time off
Vision insurance
" About Cornell Pace
Cornell Pace Inc. is a leading New York-based affordable housing property management company with over 30 years of operating history and approximately 6,000 units under management. We specialize in NYCHA PACT, LIHTC, HUD/HPD-regulated, and Section 8 properties across the New York metropolitan area. We are growing and seeking experienced, mission-driven professionals to join our team.
Role Overview
This role is central to our leasing and subsidy operations. Reporting to senior management, the Subsidy & Leasing Administrator is responsible for managing a high volume of lease activity, maintaining compliance with multiple housing subsidy programs, and serving as a key point of contact for tenants and subsidy agencies. The ideal candidate is organized, persistent, and experienced in the full spectrum of affordable housing leasing.
Responsibilities
Leasing & Renewals
Process high-volume lease renewals monthly, including adjustments for preferential rents, PHFL 610, and applicable rent payment standards.
Enter and maintain all initial leases and lease renewals in Yardi Voyager with accuracy and timeliness.
Market and rent vacant apartments with and without housing subsidies, including FHEPS, City FHEPS, Section 8, HOME, and others.
Pre-qualify prospective tenants across various Federal, City and State rental assistance programs.
Contact tenants to schedule lease signings and collect or update required documentation.
Subsidy & Agency Management
Enter and reconcile Section 8 and program payments from agencies in NYC and outside NYC, covering both tenant and agency shares.
Make necessary payment adjustments for share changes, both retroactively and prospectively.
Submit lease renewals to Section 8 and housing agencies; follow up to secure timely rent increases.
Submit annual increases for project-based voucher rent payments.
Follow up with Section 8 and agencies to resolve payment discrepancies.
Respond promptly to incoming inquiries from tenants and subsidy agencies.
General
Facilitate the collection and submission of all required applicant and tenant documents.
Perform other related duties, reporting, and analysis as assigned.
Requirements
Minimum 5 years of hands-on experience with Yardi Voyager (required).
Minimum 5 years of direct experience working with Section 8 and multiple housing subsidy programs (required).
Strong working knowledge of FHEPS, City FHEPS, HOME, and other NYC-area subsidy programs.
Knowledge of Low-Income Housing Tax Credit (LIHTC) and Certificate of Occupancy/COS compliance (a plus).
Proficiency in Microsoft Office, particularly Excel.
Exceptional organizational skills with the ability to prioritize in a high-volume, fast-paced environment.
Strong written and verbal communication skills for effective collaboration with colleagues, tenants, and agencies.
Demonstrated work ethic, persistence, and reliability.
Bilingual in English and Spanish strongly preferred.
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