Elevate Your Property Management Career with Velair!
Area Property Manager – Tax Credit (LIHTC) Multi-Family
Velair Property Management is seeking a highly motivated, experienced Area Property Manager to oversee a portfolio of properties within an assigned Area of Responsibility (AOR). This role is responsible for driving operational excellence, leading and mentoring on-site teams, and ensuring strong financial and compliance performance across multiple communities.
The Area Property Manager serves as a key leader within the organization, partnering closely with Property Managers and leadership to optimize occupancy, financial results, and resident satisfaction while upholding Velair’s standards and values.
Schedule: Monday – Friday, 8:00 AM – 4:30 PM, with occasional work outside of standard business hours as required by business needs
Employee Benefits
- Paid Time Off: 15 days of PTO, 9 paid holidays, and 2 floating holidays
- Retirement & Insurance: 401(k) with company matching, medical, dental, vision, life, and disability insurance
- Additional Benefits: Supplemental compensation opportunities, referral bonuses, professional development programs, and career advancement support
- Annual Clothing Allowance: $200 per year to be used at the Velair Clothing Store during the designated shopping period
- Cell Phone Reimbursement: Velair provides associates $60 per month for the business use of their smartphone
Essential Duties and Key Responsibilities
- Supervise, mentor, and support team members within assigned portfolio to ensure strong operational performance and team development
- Drive financial performance through budget management, rent collection, and expense control
- Implement marketing and leasing strategies to maximize occupancy and minimize vacancy loss
- Conduct regular property inspections to ensure curb appeal, safety, and compliance standards are met
- Ensure compliance with Fair Housing laws and all applicable federal, state, and local regulations
- Oversee accuracy of property data and reporting within systems such as Yardi, Rent Café, and more
- Lead onboarding, training, and ongoing development of on-site team members within assigned portfolio
- Monitor work order completion and maintenance performance to ensure timely service delivery
- Address escalated resident concerns and operational challenges with professionalism and urgency
- Conduct regular performance check-ins and meetings with team members in assigned portfolio to review KPIs and goals
- Act as a point of contact for emergency situations and ensure timely and effective resolution
- Perform other duties as assigned
Education & Certifications
- Required: High school diploma or equivalent
- Preferred: Two- or four-year degree in business, real estate, or a related field
- Certifications: ARM, COS, TCS, RAM, Licensed Real Estate Agent, or similar credentials required, or ability to obtain within six (6) months of employment
Professional Experience
- Minimum three (3) years of property management experience required, or one (1) year as a successful Senior Property Manager at Velair
- Proven experience managing multi-site portfolios and leading property management teams
Required Knowledge, Skills & Abilities
- Strong expertise in LIHTC, HOME, and affordable housing programs
- Experience with Yardi, Rent Café, and related property management systems
- Ability to analyze financial performance, manage budgets, and optimize operating income
- Strong leadership skills with the ability to coach, mentor, and develop team members
- Excellent problem-solving and decision-making abilities
- Strong written and verbal communication skills in English
- Ability to foster a professional, welcoming environment for residents and staff
Additional Requirements
- Valid driver’s license and auto insurance with the ability to travel between properties
- Ability to support multiple sites and respond to operational needs as required
- Personal cell phone required for business use (monthly reimbursement provided)
- Commitment to professional growth through Velair-supported training and development
Physical Requirements
- Ability to lift up to 30 pounds
- Ability to conduct regular property inspections, including walking stairs
- Primarily indoor work with occasional outdoor responsibilities as needed
