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.
Multi- Site Community Manager- *Must have affordable housing experience*
Location: Newark & Irvington, NJ
Benefits and Features
Your Role Within the Company:
This Community Manager is responsible for the overall day-to-day operations of 2 section 8/ tax credit affordable housing communities in Newark and Irvington, NJ totaling 175 units. This employee will be supervising the office/ maintenance staff and overseeing the AP/AR and Marketing/Leasing department. Also responsible for keeping the property within compliance of all company policies, procedures and all applicable Equal Employment Opportunity, Fair Housing and Human Rights statutes. Looking for a candidate who has experience with financial reports and preparation of budgets.
Newark and Irvington, NJ are 20 minutes apart by vehicle and both are just about 15 miles outside of NYC. Newark and Irvington are easily accessible to NYC by public transportation any major bus line.
Pay: $49k+ DOE
Related is an Equal Opportunity Employer