Director of Property Management 

Are you knowledgeable about Low-Income Housing Tax Credit (LIHTC) asset management and have over 8 years of property management experience? Are you looking for a strategic learning environment helping community members get into affordable housing? At Cabrillo, you can make an impact!

Who We Are

Cabrillo Economic Development Corporation 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.

What We Offer

• Medical, Dental, and Vision Insurance
• Company Retirement Plan
• PTO
• Paid Holidays
• Competitive Pay $130-150K

What You Will Do

• Team building and coaching site teams to guide in the development and training of Property Managers, Operations and Maintenance Staff including REAC, LIHTC, HUD, Rural Development regulations; resident retention practices; reporting; and best industry practices for operating procedures such as rent collections, evictions, accounting, maintenance, and purchasing.
• Ensure that all properties are managed, fiscally sound, leased and operated in compliance, including ADA, with all regulatory requirements; and ensure accurate, thorough and timely reporting to as well as, maintain positive relations with the California Tax Credit Allocation Committee (TCAC), the U.S. Department of Housing and Urban Development (HUD), the U.S. Department of Agriculture- Rural Development, the State Department of Housing & Community Development (HCD), the Internal Revenue Service, and other funders, regulators, investors and partners.
• Collaborate with the Real Estate Development Department to ensure that issues affecting property management are integrated into the design, development and underwriting of new development projects; and prepare management agreements, management plans, initial operating budgets, lease-up and marketing plans for all new projects.
• Work collaboratively with the Chief Financial Officer (CFO) to prepare annual operating and capital improvement budgets and long-term management plans for all properties. 
• Oversee the initial marketing and lease-up and transition to operation for new properties ensuring that all units are leased in compliance with the owners and all regulatory requirements.
• Ensure all new and existing vendor contracts are evaluated annually through the RFP process.
• Knowledge of Section 42 low-income housing tax credit, Section 8 HUD,REAC, Section 515, VASH, USDA Rural Development and similar housing programs.R

What We Want From You

• Bachelor’s Degree in Urban Planning, Economics, Business, Public Administration, or related field.
• Affordable Housing and Low-Income Housing Tax Credit experience
• Minimum of 8 years of Property Management experience in affordable housing
• Strong communication skills both verbal and written
• Sensitive to the needs and concerns of low-income people and possess a commitment to affordable housing
• Valid CA drivers license and proof of insurance
• Certified Property Manager (CPM) designation and Certified Occupancy Specialist (COS)

We are an Equal Opportunity Employer