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Affordable Housing Regional Portfolio Manager (REF7435Q)

Company Description

Multifamily Property Management

Job Description

• Property Name: Copper Rose
• 5923 Tutt Blvd, Colorado Springs, CO 80923, USA
• Full-Time
• Unit Count: 184
• Driver's License Required
• Job Location: Remote/Hybrid

The Affordable Regional Portfolio Manager is the individual directly responsible for managing a group of assets as assigned by FPI Management. This individual is responsible for enforcing all FPI Management policies, procedures and internal operations. The Regional Portfolio Manager will be accountable for all operations of the assets in their inventory. Their job is to meet the expectations of each Client based on the respective operating budget and management agreement.

Pay: $95,000 - $110,000 / Year

DUTIES AND RESPONSIBLITITES

  1. Ensure compliance with all Equal Housing Opportunity/Affirmative Fair Housing laws.
  2. Ensure proper LIHTC and/or Section 8 policies and procedures are followed.
  3. Monitor LIHTC Application and Annual Recertification processes.
  4. Regulatory Compliance – Ensures compliance with regulatory and funding requirements, contracts, and reporting.
  5. Conduct file reviews, physical inspections, and interact with regulatory agencies.
  6. Conduct semi-annual inspections as required.
  7. Prepare annual operating budgets for submission to Clients and Properties.
  8. Monitor project budgets and marketing to maintain an awareness of the current financial status of each asset. Alert the FPI Management Executive Committee of any recommended changes.
  9. Complete the monthly/quarterly Property Manager Checklist and submit on-time.
  10. Make rent and concession recommendations based on market conditions and availability.
  11. Verify that each property is adequately maintaining appropriate and required forms, leases, documents, resident certifications, invoices, and all other necessary forms, posters, and signs required by the Client, the Lender, and FPI Management.
  12. Assure that all units are maintained to FPI standards, including turn-over's, exterior curb appeal, decorating recommendations, and cleanliness.
  13. Review vacancies, availability dates, and turn-over rates.
  14. Review monthly operating statements, budget and variance reports, check registers as necessary, delinquency reports, and other financial reports as provided by FPI Management to ensure budgetary control.
  15. Monitor service requests for completion, timeliness, and resident satisfaction.
  16. Maintain a professional appearance at all times in the presence of Employees, Clients and Residents.
  17. Provide training and positive guidance to all employees to ensure maximum productivity.
  18. Personally respond to Resident, Client, and Vendor calls, emails, and text messages within 24 hours of receipt during the work week.
  19. Responsible for participating in recruiting activities and making sound hiring decisions for all on-site position openings.
  20. Responsible for meeting all training requirements for the PM position and ensuring site employees have met the training requirements for their position.
  21. Evaluate the performance of each on-site personnel on an on-going basis. Ensure all employee communication and counseling is properly documented and provided to the Human Resource Department.
  22. Ensure CD Annual Reviews are completed, as well as Community Directors are completing reviews for each of their staff.
  23. Portfolio Managers are responsible for ensuring their Sites and Community Directors are in compliance with all FPI Safety Policies and Procedures.
  24. Maintain positive, professional and effective communication with Clients and Supervisors to ensure FPI is meeting the Client objectives and expectations.

25. Other

  • Consistently and fairly enforce community rules and regulations, FPI Standard Operating Procedures.
  • Comply with all Fair Housing Laws and FPI policies and procedures.
  • Promote a professional image by adhering to FPI Management's Dress Code Policy.
  • Conduct displayed must be of a professional manner when communicating with employees, residents, prospective residents, clients, vendors, and guests while representing FPI Management.
  • Responsible for meeting all training requirements for the position (Grace Hill, Safety Meetings, etc.).

Perform any and all functions as directed by the supervisor, including special project assistance.

Qualifications

Minimum Requirements:

  • Must have a minimum of 3 years’ experience with affordable housing programs including but not limited to: LIHTC, HUD programs (Project Based Section 8, Section 236, PRAC, 811 PRA), USDA-Rural Development (515), HCD, HOME Funds and Bonds.
  • Affordable Housing Accreditation (HCCP, HCP-E, COS, BOS, TCS, CPO, etc.) or other applicable designations in affordable programs.
  • Minimum 2 years' experience in a similar leadership role, within a Property Management environment.
  • High School diploma or equivalency certificate required. College degree in a relatable field preferred, or equivalent combination of education and work experience in the field of property management.
  • Certification or designation from an accredited organization, preferred (ARM, CAM, CAPS, COS, CPM, MPM, RMP, etc.).
  • Valid Real Estate Salesperson License (requirement varies by state).
  • Valid Driver's License, a good driving record, current motor vehicle insurance which meets State requirements, and an operable vehicle that meets FPI's Driving Standards and Personal Vehicle Use policy.
  • Must be proficient in speaking, reading, and writing in English.

Skills Required:

  • Yardi
  • Weblisters
  • Site Pro
  • RealPage
  • Onesite
  • On-Site
  • Knock
  • G-Suite (Google)
  • Entrada
  • Adobe Acrobat
  • Craigslist
  • Microsoft Word
  • Microsoft ExceI
  • Google Mail (GMail)
  • Google Drive
  • Internet Use
  • Basic Computer Skills
  • Management
  • Customer Service

Additional Information

ESSENTIAL ATTRIBUTES

  • Embracing and exemplifying our HEART core values and incorporating them into every task performed and every interaction with clients, supervisors, team members, colleagues, residents, vendors, etc.
  • Positive influencing, interpersonal, and communication skills are essential.

Why look at FPI for your next career step? We are one of the largest third-party 100% fee-managed Property Management companies in the nation, an industry leader in both the Conventional and Affordable Housing spaces, managing over 850 communities (~150,000 units) across the country, and employing ~3,500 team members. We offer comprehensive compensation and benefits packages (employee-only employer-paid plan available), ongoing training, and plenty of opportunities to grow your career. Come join Team FPI!

EEO/EVerify Statements

FPI Management is an Equal Opportunity Employer. All qualified applicants are encouraged to apply. FPI Management participates in the E-Verify program.

Average salary estimate

$102500 / YEARLY (est.)
min
max
$95000K
$110000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Affordable Housing Regional Portfolio Manager (REF7435Q), FPI Management, Inc.

Are you ready to take your property management career to the next level? At FPI Management, we are excited to announce an opening for an Affordable Housing Regional Portfolio Manager in beautiful Colorado Springs, CO. As the Affordable Housing Regional Portfolio Manager, you will lead a group of properties, ensuring compliance with all initiatives, promoting positive relationships with clients and residents while managing a wide array of responsibilities that range from overseeing budgets to regular inspections. With a focus on affordable housing, your skills will shine as you navigate LIHTC, Section 8 programs, and maintain regulatory compliance. The position offers a competitive salary between $95,000 - $110,000 annually, recognizing your expertise and commitment to the field. Enjoy the flexibility of remote or hybrid work while being part of a dynamic team that values growth and development. FPI Management is not just about managing properties, but about fostering communities that thrive. If you have a passion for that and meet the qualifications, including prior experience in affordable housing programs and leadership, we want to hear from you. Join us and contribute to making a difference in the lives of residents and clients alike!

Frequently Asked Questions (FAQs) for Affordable Housing Regional Portfolio Manager (REF7435Q) Role at FPI Management, Inc.
What are the responsibilities of an Affordable Housing Regional Portfolio Manager at FPI Management?

As an Affordable Housing Regional Portfolio Manager at FPI Management, your primary responsibilities will include overseeing multiple properties, ensuring compliance with Equal Housing Opportunity laws, and following LIHTC and Section 8 procedures. You’ll also be in charge of preparing annual operating budgets, conducting file reviews and physical inspections, and maintaining budgetary control across your portfolio. Upholding FPI Management’s standard of excellence and ensuring resident satisfaction will be key components of your role.

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What qualifications do I need to apply for the Affordable Housing Regional Portfolio Manager position at FPI Management?

To apply for the Affordable Housing Regional Portfolio Manager position at FPI Management, candidates should possess a minimum of three years experience with affordable housing programs, along with at least two years in a leadership role within property management. Preferred qualifications include relevant certifications, educational background in a related field, and a valid Real Estate Salesperson License, depending on state requirements. Proficiency in property management software is also highly desired.

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How does the Affordable Housing Regional Portfolio Manager role at FPI Management support the community?

The Affordable Housing Regional Portfolio Manager at FPI Management plays a vital role in supporting the community. By ensuring properties comply with affordable housing policies and maintaining high living standards, you promote safe and welcoming environments for residents. Your work in managing budgets and operational efficiencies also contributes to the overall success of the community while fostering positive relations among clients, residents, and regulatory agencies.

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What benefits can I expect as an Affordable Housing Regional Portfolio Manager with FPI Management?

Working as an Affordable Housing Regional Portfolio Manager with FPI Management comes with an array of benefits including competitive salary ranging from $95,000 to $110,000, comprehensive compensation packages, and ongoing training initiatives. You’ll also gain opportunities for career advancement within one of the nation's leading property management firms, while enjoying a flexible work environment that promotes work-life balance.

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What software tools should I be familiar with as an Affordable Housing Regional Portfolio Manager at FPI Management?

As an Affordable Housing Regional Portfolio Manager at FPI Management, familiarity with various software tools is essential. Proficiency in Yardi, RealPage, and Weblisters is highly beneficial, along with skills in G-Suite applications and basic computer skills for managing daily operations. Knowledge of property management-specific tools like Entrada and On-Site will enhance your efficiency in the role.

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Common Interview Questions for Affordable Housing Regional Portfolio Manager (REF7435Q)
Can you describe your experience managing LIHTC or Section 8 properties?

When answering this question, reflect on specific experiences where you successfully navigated the complexities of LIHTC or Section 8 programs. Highlight your familiarity with compliance standards, any challenges you faced, and how you ensured adherence to regulations and resident satisfaction.

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How do you handle budget discrepancies in property management?

Demonstrating your analytical skills is key here. Discuss how you monitor financial reports regularly, make recommendations based on current market conditions, and identify discrepancies proactively. Share any specific examples where you resolved budget issues effectively.

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What strategies do you use for maintaining effective communication with your team?

Effective communication is crucial for a Regional Portfolio Manager. Talk about how you utilize various communication tools, encourage team feedback, hold regular meetings, and ensure that all team members feel valued and informed. Share examples of how this has led to improved team performance.

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How would you prioritize tasks when managing multiple properties?

It's important to convey your organization skills. Explain how you assess urgent tasks, utilize task management tools, and delegate responsibilities effectively among your team members. Consider mentioning the importance of reviewing performance metrics when prioritizing tasks.

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What do you believe are the key qualities of a successful Affordable Housing Regional Portfolio Manager?

In your response, highlight qualities such as strong leadership, effective communication, a commitment to compliance, and the ability to balance operational efficiency with resident satisfaction. Illustrate how these qualities contribute to the success of the properties under management.

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How do you ensure compliance with housing legislation and regulations?

Speak about your systematic approach to compliance, including staying current on housing laws, conducting regular staff training, and performing audits of property files and processes to ensure all standards are met. Provide examples of how you have successfully navigated compliance issues.

Join Rise to see the full answer
Can you tell me about your experience with property management software?

Highlight your familiarity with various property management software tools, especially those mentioned in the job post, such as Yardi and RealPage. Discuss how you have utilized these tools to improve operational efficiency and resident satisfaction.

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What do you consider to be the most challenging aspect of being a Regional Portfolio Manager?

Address several challenges while also emphasizing how you have successfully managed them. For instance, managing inspections and reports while keeping tenants happy can be challenging. Discuss specific strategies you’ve implemented to overcome such challenges.

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How do you approach resident interactions and conflict resolution?

Describe your approach to engaging with residents, focusing on empathy and understanding. Discuss specific tools or strategies you employ to resolve conflicts, and perhaps share a successful resolution story to highlight your skills.

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Why do you want to work for FPI Management?

In your answer, reflect on FPI Management's reputation and values. Discuss how the company's commitment to affordable housing aligns with your professional goals and values, showing your excitement about contributing to such an impactful organization.

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FPI Management is a real estate firm that provides property management services, marketing services, lease-up, and on-going operation of newly constructed apartment communities. It was founded in 1968 and is based in Folsom, California.

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Full-time, remote
DATE POSTED
December 14, 2024

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