Lease-Up Manager

Northwest Real Estate Capital CorporationNampa, ID
$22 - $25Hybrid

About The Position

The Lease-Up Manager plays a critical role in managing lease-up activities during the initial occupancy phase of new affordable housing properties and those going through an acquisition rehab. They are responsible for overseeing initial affordable program file completion, ensuring timely and accurate submission of files and reporting to auditors and investors, and coordinating with third-party file reviewers and property staff. This position also supports the Compliance Department in all HUD Section 8, LIHTC, Rural Development HOME and local program requirements.

Requirements

  • Ability to self-direct and manage multiple projects, objectives, and deadlines.
  • Strong communication skills with the ability to interact professionally with diverse stakeholders.
  • Knowledge of affordable housing program regulations, compliance protocols, and best practices.
  • Collaborative, team-oriented approach with ability to work independently.
  • Proficient in software tools including Excel, Word, Outlook and other Office 365 products, Yardi or similar affordable property management software.
  • Flexibility in responding to sudden changes in lease-up activities and priorities.
  • High school diploma or equivalent required.
  • HCCP, SHCM or similar LIHTC program designation required.
  • Minimum of two years working in an affordable housing program compliance related position required.
  • Must have a strong working knowledge of LIHTC program regulations.
  • Frequently required to perform moderately difficult manipulative tasks such as typing, writing, etc.
  • Must be able to walk, stand, and sit for extended periods.
  • May be asked to lift up to 50 lbs.
  • Frequently required to read documents, watch training videos, and read numbers on a computer screen.
  • Must be able to distinguish normal sounds with some background noise, as in accepting phone calls, interacting with management, co-workers, and other staff, etc.
  • Must be able to speak clearly and understand/be understood using the English language.
  • Frequently required to concentrate on intense detail with constant interruption.
  • Must be able to attend to a task/function for 1 hour or more.
  • Frequently required to understand and relate to specific ideas, several at a time.
  • Must be able to remember multiple tasks/assignments given to self and others over a period of several days.

Nice To Haves

  • Designation in HUD, HOME, and/or RD programs preferred.
  • Prefer experience in HUD, RD, HOME and local program compliance.
  • Prefer experience in LIHTC acquisition rehabs and lease ups.
  • Prefer experience in Yardi Voyager 7s and/or Elevate, RightSource, RENTCafe Affordable.

Responsibilities

  • Oversee initial resident file completion by property staff to ensure compliance with affordable housing regulations; submit compliant files to assigned auditors and/or investors for approval based on established lease up schedule.
  • Act as a liaison between property teams, third-party file reviewers, and investors to resolve compliance issues and ensure timely communication.
  • Attend owner and investor meetings to provide updates on lease-up progress and compliance documentation.
  • Provide recommendations to stakeholders to ensure compliance with affordable program lease up and tenant relocation requirements.
  • Monitor Compliance Portal ticketing system and perform assigned tasks.
  • Provide new hire and existing staff training on affordable program compliance and file preparation.
  • Manage affordable program transactions and compliance in Yardi property management software.
  • Aid in affordable program audit preparation and audit response.
  • Monitor affordable recertification deadlines and provide established reports to Operations.
  • Audit affordable recertifications and generate necessary documents for applicable program types.
  • Resident file document management tasks.
  • Assist with software updates and new property setup.
  • Perform other related duties as assigned.
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