Cabrillo Economic Development Corporation (CEDC) develops and manages service enriched, inclusive residential communities, ensuring access to affordable, secure, quality housing that creates the foundation for our residents to grow and thrive.
An industry leader since 1981, CEDC has built 45 affordable housing developments totaling close to 1,700 ownership and rental units. It currently has an ownership interest in 1,137 rental units that it manages. CEDC has an annual operating budget of $6,750,000 and multiple projects in the early stages of development.
CEDC Property and Asset Management Philosophy
CEDC’s philosophy is that excellent property management is an essential part of its overall construction of affordable housing activities. CEDC provides a superior living environment for its residents. CEDC implements a team management approach to its work with particular coordination between its activities within its Property Management, Real Estate Development and Resident and Community Services Divisions.
CEDC seeks experienced, highly motivated, self-starters to assume a full time Resident Manager position in Piru, CA. This position will be supervised by a Regional Property Supervisor. The Director of Property Management supervises the overall operations and staff within the Property Management Division. IT IS A REQUIREMENT FOR THE RESIDENT MANAGER TO LIVE ON SITE.
MAJOR DUTIES AND RESPONSIBILITIES
Specific job goals, objectives and tasks are established for each employee as part of the annual evaluation and work plan process. Responsibilities and duties include, but are not limited to the following:
Responsible for day-to-day property management operations and the tax credit compliance management of a 66-unit housing community for low income and farmworker families
Supervising on-site maintenance staff to preserve and upkeep the property condition according to owners, partners and investors’ expectations and goals
Retaining resident files and conducting income certifications according to program guidelines
Maintaining resident and applicant relations in compliance with Occupancy and Fair Housing guidelines
Assist in the preparation of the annual budget and monitoring to keep expenses within the approved budget.
Reviewing monthly financial reports and preparing monthly variance notes to track expenses and to ensure financial health of the property
Marketing and leasing vacancies to maintain a 100% occupancy rate
Rent collections, bank deposits, weekly and monthly reports
Application process, move-ins, move-outs, annual tax credit and RD recertification, and other compliance related duties in accordance with governing tax credit program regulations
Review, update and maintain a waiting list for the affordable apartments
Conduct daily walk-through of the property and conduct bi-annual unit inspections and prepare inspection reports
Responsible for the daily upkeep and appearance of the property and timely completion of maintenance work
order requests by Maintenance Technicians, including maintenance of work order files
Supervision of maintenance work performed by staff and outside vendors
Prepare Purchase Orders for purchase of supplies for maintenance repairs and other incidentals and maintain purchase orders file
Responsible for handling petty cash fund
Provide monthly reports to the Property Management Director in compliance with regulatory requirements
Participate in evening and weekend community building activities with the residents which include Resident Council meetings at the property and occasional City Council meetings
Enforce all company rules, policies and procedures which govern the property
Accept after-hours phone calls from residents for emergency maintenance service requests
Responsible for overall security of property
Attend necessary training seminars and workshops
Work with staff, resident leaders, Property Supervisor, Director of Property Management and Resident and Community Services. to develop annual community building goals and monitor progress on established goals
Other duties as assigned by the Property Supervisor or Property Management Director
Minimum High School diploma or GED equivalent certificate.
REQUIRED KNOWLEDGE, SKILLS & ABILITIES:
Minimum of 3 years work experience in managing affordable properties with Tax Credit and Rural Development Programs and reporting.
Highly qualified candidates will also have experience with tenant-based section 8 Voucher programs, as well as HOME Program requirements.
Tax credit compliance and reporting training
Experience with Yardi software is a plus
Basic marketing skills to lease market rate units
Sufficient computer proficiency to produce correspondence, reports, flyers, etc.
Familiarity with Fair Housing Laws and California Landlord and Tenant Law
Ability to work independently and take initiative in problem solving
Ability to develop and maintain effective working relationships
Ability to communicate clearly and effectively, both orally and in writing
Ability to multitask and detail orientated in a high pace working environment while maintaining a high-quality customer service to the residents, vendors and owners/investors
Able to travel to attend property management and community building training
LICENSES & OTHER REQUIREMENTS
A valid California driver’s License and proof of automobile liability insurance.