Affordable housing laid the foundation of Related Companies and we continue to place a high priority on developing, acquiring and preserving housing for this sector. In fact, over 60% of our 50,000+ residential apartment homes under our management are part of one or more affordable housing programs, and an additional 20% of these homes provide workforce housing.
In the area of acquisitions and refinancing, we pursue properties that meet one of the following criteria: Section 8 properties with project-based contracts; Section 236 properties in need of rehabilitation; Section 42 LIHTC properties with expiring low-income restrictions; Section 515 FmHA properties with loans that can be prepaid; or other assisted properties, including HODAG, HOME, federal or state-financed public housing. Many of the buildings we encounter are in need of substantial upgrading and preservation in order to continue to properly fulfill the needs of their tenants. Given our 42 years of experience in debt and equity financing – as well as our extensive management of government-assisted properties – we are well positioned to buy out existing owners who lack the resources and experience to recapitalize and, therefore, wish to exit the affordable housing arena. In addition, with our extensive development experience, we bring the knowhow to expertly rehabilitate the units, thus assuring the continued viability of these projects for years to come.
Location: Somers Point, NJ
Benefits and Features
Your Role Within the Company:
The porter is responsible for the general upkeep and grounds keeping of a 206 unit affordable housing community in Somers Point, NJ. This super-star porter will be responsible to maintain the cleanliness of the lobby, hallways, elevators, common areas, and restrooms by mopping, sweeping, dusting, vacuuming, garbage removal, etc. Light maintenance duties will be done as well on an as needed basis.
Somers Point, NJ is located right by the ocean, 20 minutes outside of Atlantic City. This town is known to be one of the greatest attractions to the Jersey Shore with many fine restaurants and marinas to visit.
Pay: $12/hr DOE
*on call- rotational.
Related is an Equal Opportunity Employer