Affordable Housing Property Manager

2 days ago

Saint Paul, Minnesota, United States CORTEX PROPERTY MANAGEMENT Full time

Benefits:

  • 401(k)
  • 401(k) matching
  • Bonus based on performance
  • Competitive salary
  • Opportunity for advancement
  • Paid time off
  • Training & development

Location: St. Paul, Minnesota

Compensation: $50,000 – $68,750 total annual compensation (base + performance bonus)

Schedule: Full-time, flexible scheduling

About the Role

Cortex Property Management is seeking a skilled and mission-driven Affordable Housing Property Manager to oversee a portfolio of roughly 150 units located in North and East Saint Paul. This position is responsible for the full operational and financial performance of these communities, with a focus on occupancy, collections, compliance, and resident satisfaction.

The ideal candidate brings experience managing affordable or mixed-income multifamily housing, excellent organizational skills, and the ability to balance business outcomes with resident care.

Key Responsibilities

  • Oversee day-to-day operations, leasing, and compliance across assigned properties.
  • Maintain strong occupancy and rent collection performance in alignment with company benchmarks.
  • Ensure compliance with all affordable housing program requirements and local, state, and federal regulations.
  • Manage marketing, resident communications, renewals, and move-in/move-out processes.
  • Conduct property inspections, coordinate maintenance, and uphold quality standards.
  • Monitor budgets, prepare reports, and support the property's financial performance goals.
  • Lead onsite staff and vendors, promoting accountability and teamwork.
  • Maintain awareness of St. Paul housing regulations, fair housing laws, and market trends.
  • Represent Cortex Property Management professionally within the community and with residents.

Qualifications

  • 3–5 years of residential property management experience (affordable housing experience preferred).
  • Strong understanding of affordable housing compliance (LIHTC, Section 8, or similar programs).
  • High school diploma or GED required; bachelor's degree preferred.
  • Minnesota Real Estate or Property Management license preferred (not required).
  • Strong communication, negotiation, and leadership skills.
  • Familiarity with property management software (e.g., AppFolio, Yardi, or similar).
  • Bilingual skills in Spanish, Somali, or Arabic preferred.
    Valid driver's license and reliable transportation.

Compensation & Benefits

  • Total target compensation: $62,500 to $68,750/year (combination of base pay and performance-based bonus).
  • Base range: $50,000–$55,000/year.
  • Bonus opportunity: Up to 25% of base pay, based on occupancy and collections performance.
  • Health, dental, and vision insurance options.
  • Paid time off and holidays.
  • Professional development and advancement opportunities.
  • Flexible scheduling.

Equal Employment Opportunity

Cortex Property Management is an Equal Opportunity Employer. All qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. We also comply with the City of St. Paul's Fair Chance Ordinance and applicable pay transparency and fair housing laws.

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