Affordable Rental Program ─ Role Description

Mi Casa seeks a highly effective and experienced individual to serve as the Affordable Rental Program Manager (ARPM). An integral member of the Mi Casa team, the ARPM will require a diverse set of skills, working to spear-head the Affordable Rental Program to coordinate and implement Mi Casa’s goals for the Program and oversee effective property management. The ARPM will work closely with the Mi Casa senior and financial management teams to develop, improve and implement procedures and processes to improve and expand the Affordable Rental Program. The Affordable Housing Rental Manager, role is multifaceted and crucial for ensuring the well-being of residents and the financial stability and performance of properties, and Mi Casa’s overall mission of providing affordable housing.

Affordable Rental Program Manager Responsibilities:

1. Property Oversight and Evaluation:

• Monitor and manage Property manager, managing scattered site properties.
• Evaluate the physical, fiscal, regulatory, and operational activities for assigned multifamily and scattered site properties.
• Ensure properties are fiscally sound, well-maintained, and compliant with lender, U.S. Treasury, U.S. Department of Housing and Urban Development (HUD), the DC Department of Housing and Community Development, and other regulatory requirements.
• Review monthly property summaries, variance reports, occupancy, vacancies, and accounts receivable.
• Prepare property budgets, reports, forecasts, and projections for leadership.
• Stay informed about local and regional market conditions to position assets appropriately.

2. Affordable Housing Expertise:

• Possess a fundamental knowledge of managing both market rate and affordable housing.
• Understand property management processes, systems, and procedures.
• Be proficient in regulatory environments for LIHTC (Low-Income Housing Tax Credit), Project-based and voucher-based Section-8, Local Rent Supplement (LRSP) subsidies, HOME, and other HUD programs.

3. Compliance and Reporting:

Ensure compliance with Equal Housing Opportunity/Affirmative Fair Housing laws.

• Review applicable reports for regulatory requirements, subsidy collections, and certification.
• Ensure compliance with HUD (HOME, LIHTC, Section 8).
• Ensure compliance with DHCD and DC Housing Authority (DCHA) (HPTF loans, LRSP).
• Accompany stakeholders on site visits and travel between assigned properties.

4. Team Building and Support:

• Support and train Property Managers in regulatory matters and compliance.
• Provide operational data analysis and coordinate with property managers.
• Foster team building and proactive training.