Market Rate)

Crafted Staff•Meriden, CT

23d•Hybrid

About The Position

This is a portfolio rent strategy + affordable housing compliance leadership role with responsibility for multifamily marketing and leasing strategy (not a brand/creative marketing position). You’ll own rent setting, rent increases, LIHTC rent tiers, and Section 8 voucher rent optimization across a mixed portfolio of 40 market-rate/unregulated properties and 29 LIHTC communities. If your background is exclusively digital marketing, social media, content, or design, this role will not be the right fit.

Requirements

5+ years in multifamily housing with direct experience in rent strategy, leasing, revenue management, or portfolio operations.
Demonstrated experience with LIHTC and HUD/Section 8 environments (rent tiers, compliance-driven rent limits, and/or voucher rent renewals).
Proven ability to build and execute rent schedules / rent increases / rent optimization across multiple sites.
Strong process orientation: able to improve workflows across site teams and accounting.
Strong written/verbal communication and training/coaching ability.
Bachelor’s degree required.
Willing and able to travel between sites.

Nice To Haves

Yardi experience
Spanish speaking
Affordable housing certifications (e.g., COS, C3P, HCCP) or equivalent hands-on expertise.
Familiarity with multifamily marketing/ILS tools as they relate to occupancy performance

Responsibilities

Identify specific market properties comparable to the subject properties and determine competitive rent positioning.
Determine new lease rents and maximum tolerable rent increases for existing residents.
Prepare budgeted rent increase schedules and partner with Accounting for operating budgets.
Review income limit rent tiers and establish maximum allowable rents by property and tier.
Determine maximum rent increases for each tier for existing residents.
Ensure maximum rents are obtained for mobile Section 8 vouchers.
Contact voucher issuers to obtain current reasonable rents for comparable units.
Ensure timely renewals and rent updates at maximum allowable rates.
Review and improve procedures to ensure rent schedules (budgeted and turnover) are implemented correctly in leasing and accounting workflows.
Revise/adjust procedures as needed to ensure proper implementation of rents for both leasing and accounting purposes.
Review resident selection policies/procedures and update as needed for regulatory compliance.
Train site/leasing staff as needed to ensure correct rent implementation and strong leasing execution.
Establish monitoring processes to confirm rents are implemented accurately across the portfolio.
Prepare and implement property marketing plans for sites, including Affirmative Fair Housing Marketing Plans (AFHMP).
Use multifamily marketing tools/channels as needed to support occupancy and leasing performance.