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LIHTC Sr. Regional Manager

Cirrus Asset Management
United Statesfull_timeVerifiedPosted 28 Apr 2025
💰 $130,000/yr($90,000/yr$130,000/yr)

About the role

Company Description

At Cirrus Asset Management, we are dedicated to providing exceptional property management services to property owners and residents alike. With our expertise and passion for real estate, we strive to create a seamless and rewarding experience for all parties involved.

Our company culture is defined by its unwavering commitment to integrity, empowerment, respect, teamwork, innovation, and exceptional customer service. These values shape our everyday actions and guide us in achieving our mission and serving our clients effectively. 

What's in it for you?

  • Paid Holiday, Sick, and Vacation Time
  • Health Insurance
  • Life Insurance
  • Dental Insurance
  • Vision Insurance
  • 401k Plan
  • Healthcare Spending or Reimbursement Accounts such as HSAs, FSAs, HRPs, and HRAs

Job Description

***Washington LITHC/ AFFORDABLE PROGRAM KNOWLEDGE AND EXPERIENCE IS REQUIRED***

KEY DUTIES AND RESPONSIBILITIES:

  • Understand and execute all affordable programs at assigned properties.
  • Uphold the Company's Core Values and Mission Statement.
  • Responsible for hiring, training, supervising, developing, and terminating all on-site personnel.
  • Ensure staff compliance with company policies and procedures (including disciplinary action, if necessary).
  • Ensure optimal staff performance and timely completion of all job duties.
  • Assist with special projects and administrative tasks.*Maintain positive relationships with other departments within the Company's Companies to ensure accurate and timely completion of work product.
  • Assist with all written work generated by Property Managers.
  • Determine the strengths and weaknesses of individual employees and work on goal setting; improving the performance of each person according to his or her capabilities and personal goals.
  • Handle and/or assist with all resident problems that cannot be solved by the Property Manager.*Attend all scheduled inspections and reviews.*Audit resident files on a regular basis, paying attention to proper documentation and ensuring compliance procedures are being followed.
  • Maintain reasonable awareness of relevant laws and agency regulations, including but not limited to fair housing, sexual harassment, disability accommodations, and landlord-tenant relationships as they apply to the policies and procedures of the company and the communities.

PURSUE MARKETING & LEASING 

  • Understand the target market of your community by outlining marketing goals, preparing regular market surveys, keeping open lines of communication with surrounding communities, and aiming for advertising and promotions.*Review rental applications and lease documents for accuracy and compliance with corporate policies.

MAINTAIN THE PHYSICAL ASSET

  • Inspect the properties on a regular basis for safety hazards, property damage, and needed repairs by maintenance staff. Follow up on repairs to verify completion and compliance with standards, property insurance companies, government agencies, and company safety policies and risk management procedures.
  • Monitor preventative maintenance work and resident service requests.
  • Evaluate maintenance operations periodically to determine cost efficiency.
  • Make recommendations for major physical repairs, replacements, and improvements. Submit to the Director of Operations for approval.
  • Monitor purchases of routine supplies and materials, ensuring expenses are within allocated budget amounts.

MAXIMIZE FINANCIAL RETURNS; MONITOR REPORTING & CONTROLS

  • Implement and supervise the rent collection program.
  • Achieve budgeted NOI.
  • Assist Property Manager and corporate accountants in the preparation of monthly financial accounting reports and explanation of budget variances.*Assist Property Manager with preparing management plans, marketing plans, vendor contracts, and budgets.*Approve invoices for payment that exceed maximum spending amounts allocated to site staff.
  • Ensure payroll information is reported to the corporate office on time.
  • Monitor resident account receivables on a weekly basis.
  • Review and complete monthly community report for corporate office; attend monthly managers' meetings.
  • Review, approve and/or sign all contracts/proposals in conjunction with the Property Manager.
  • Provide final approval of payroll, reports, budgets, and property invoices.

Qualifications

  • Minimum five consecutive years of experience in Property Management as a Regional Manager overseeing 5 or more properties. - Required
  • Direct experience in LIHTC and other affordable programs in Washing

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Company

Cirrus Asset Management

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