Affordable Housing Property Manager

LUMA Residential • Houston, TX

4d • Onsite

About The Position

LUMA Residential is seeking an experienced Affordable Housing Property Manager to lead Delray Apartment Homes, a luxury apartment community participating in the Texas Public Facility Corporation (PFC) Affordable Housing Program. This role requires a professional with expertise in both luxury community standards and affordable housing compliance. The position offers the opportunity to lead a team, enhance resident experiences, and drive operational excellence while ensuring compliance. LUMA provides centralized support for administrative tasks, allowing the Property Manager to focus on team leadership, resident service, and property success.

Requirements

• Minimum 3–5 years of multifamily property management experience.
• At least 2 years managing Affordable Housing/PFC communities.
• Thorough knowledge of Texas Public Facility Corporation (PFC) Affordable Housing Programs.
• Experience with income certifications, annual recertifications, file audits, lease compliance, and affordable housing documentation.
• Strong understanding of affordable housing regulations, income restrictions, Fair Housing laws, landlord/tenant regulations, and industry best practices.
• Proven success achieving occupancy, collections, resident retention, and budget goals.
• Experience managing property financials, including budgets, variance reporting, forecasting, and expense control.
• Demonstrated leadership experience supervising leasing, maintenance, and office teams.
• Excellent customer service, communication, leadership, and conflict resolution skills.
• Proficiency with Yardi (or equivalent property management software), Microsoft Office Suite, and CRM platforms.
• Ability to analyze reports, identify trends, develop action plans, and improve property performance.
• Excellent organizational skills with the ability to prioritize multiple responsibilities in a fast-paced environment.
• Valid driver's license, reliable transportation, and current automobile liability insurance.

Responsibilities

• Lead all day-to-day operations of Delray Apartment Homes.
• Build, coach, and develop an engaged, high-performing onsite team.
• Maintain strong occupancy, collections, resident retention, and leasing performance.
• Ensure compliance with all Texas PFC Affordable Housing requirements and program regulations.
• Oversee income certifications, annual recertifications, file audits, and compliance documentation.
• Manage community financial performance, including budgets, forecasting, variance reporting, and expense control.
• Deliver exceptional resident experiences through outstanding customer service and effective conflict resolution.
• Maintain compliance with Fair Housing laws, landlord/tenant regulations, and all company policies.
• Analyze operational reports and implement action plans to continually improve community performance.
• Partner closely with Regional Leadership to achieve operational and financial goals.

Benefits

• Health Reimbursement Account (HRA) covering up to the first $2,000 toward your deductible.
• Medical, Dental & Vision Insurance through BCBS with a large employer paid portion.
• 401(k) after 6 months with an immediate 20% company match.
• Paid Holidays, Vacation, Birthday Time Off, and Floating Diversity Holiday.
• Education Assistance and Career Development Programs.
• Employee Referral Bonus Program.
• Employee Apartment Discount.
• Reliant Energy Discount.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed