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Property Manager III

2 days ago

Nashville, Tennessee, United States Metropolitan Development Full time

Position Open:  January 30, 2026

Position Close:  February 13, 2026

Metropolitan Development and Housing Agency (MDHA)

Nashville, TN

MDHA serves Nashville and Davidson County. The mission of MDHA is to create quality affordable housing opportunities, support neighborhoods, strengthen communities, and help build a greater Nashville. 

MDHA employs over 300 staff members, has a budget of $200 million, and houses approximately 30,000 people, primarily through nearly 8,000 Section 8 Vouchers and over 6,800 apartments, which are mainly Project-Based Rental Assistance (PBRA) units, at 39 properties. MDHA is a housing authority, a community development agency, and a redevelopment agency.

Position Summary

The Property Manager III is responsible for leading, planning, directing and overseeing the management operations for one or more of the agency properties; managing the properties in an efficient, cost-effective manner, in compliance with applicable rules and regulations; and providing a quality, well-maintained housing community for the residents.

Duties and Responsibilities

Financial Management

  • Reviews proposed annual budgets with Maintenance Supervisor and Area Property Manager, reflecting on previous budget
  • expenditures, forecasting future revenue and expenses and analyzing market data relating to budgets; aggressively take
  • actions to ensure property meets or exceeds established net profit objectives;
  • Reviews Monthly budget to actual variance analysis in a timely manner to ensure that expenses are constantly in line with
  • projected expenditures for the property;
  • Work in conjunction with Area Portfolio Maintenance to prepare each property's 5-year capital need assessment prior to Area
  • Property Manager review;
  • Reviews property inventory and capital needs assessments annually;
  • Conducts quarterly market analysis to maintain marketing and concession strategies for mixed income property; ensure
  • proper and correct pricing of market rate rental units.
  • Reviews/approves P2P invoices; monitor and maintain purchasing controls at the property;
  • Submit any project improvements for approval by the Area Property Manager;

 Compliance

  • Reviews and interprets Federal, State, and specific HUD guidelines for Low Income Tax Credit, Home, PBRA programs;
  • Monitor compliance for any programs that are at the site including PBRA S-8, Tax Credit, Home, and Market Rate; keep
  • property in compliance with Regulatory Authority rules for these programs;
  • Conducts monthly file reviews to ensure integrity and compliance with all documents pertaining to the agency's rental
  • programs, and provides technical assistance to staff and internal and external compliance personnel;
  • Perform annual and unit inspections with Leasing staff and Maintenance Technicians when necessary;
  • Ensure that annual and interim re-certifications are processed on a timely basis;
  • Prepare reports adhering to requirements of local, state and federal entities;
  • Provide detailed reports for the Area Property Manager to facilitate his/her reporting requirements with Investor and THDA
  • reporting for Low Income Housing Tax Credit developments;
  • Monitor lease enforcement of site staff;
  • Monitor tenant account receivables, collection loss, occupancy percentages, legal process, and provide direction to site staff
  • Monitor Management Agreements and renew at expiration;
  • Ensure efficient resident selection and screening;
  • Complies with all Fair Housing Laws;

 Leadership / Supervision

  • Interpret and apply Management personnel policies, departmental policies, and other relevant policies and procedures and
  • consults with Human Resources;
  • Monitor performance of subordinates through periodic inspections of properties and information reports;
  • Review and approve time and leave reports for assigned staff, and approve leave requests;
  • Conduct or coordinate training programs for all new employees, and periodic training for other employees;
  • Coordinate staffing with the Area Property Manager, Director and/or Assistant Director for Property Manage to assure that
  • all properties are adequately staffed;
  • Prepare and review performance appraisals and discuss with subordinates as well as counsel employees regarding job
  • performance and document in accordance with established procedures;
  • Recommend corrective action as needed;
  • Conduct periodic staff meetings
  • Monitor and analyze the effectiveness of policies and procedures and recommend changes as needed;

 Tenant / Property Management

  • Work closely with Leasing Staff ensuring that established occupancy targets are reached and maintained;
  • Provide exceptional customer service to prospective tenants, vendors, and coworkers;
  • Coordinates social activities with on-site management to ensure resident satisfaction and retention;
  • Ensure that all assigned personnel comply completely with established quality control and tenant satisfaction standards;
  • Responsible to handle or ensure that all tenants complaints are resolved professionally and in a timely manner ensuring that a win-win
  • solution results and that both the tenant and the company are satisfied with the outcome;
  • Conduct monthly site visits and inspect all reported vacancies followed by submitting reports to Central Office;
  • Monitor the implementation of initial marketing and lease-up efforts for new properties ensuring that all units are leased in compliance with all
  • regulatory agreements;
  • Assesses physical condition of properties, makes recommendation for physical improvements;
  • Articulate clearly and accurately when communicating with other departments of the agency, federal, state and local governments, and
  • private investors and other customers.
  • Assess property security requirements and recommend changes as necessary

Education and Experience Required

Bachelor's degree in business administration, Real Estate, Finance, Accounting, or related field and (3) years of experience in multi-family property management. Basic knowledge of programs and procedures relating to property management for assisted properties, Low Income Housing Tax Credit, and other related federal housing programs or a combination of education and work experience that meet the requirements of the KSAs for this position

Valid Tennessee driver's license, Tax Credit Specialist (TCS), Certified Occupancy Specialist (COS) Certified Financial Specialist (CFS), Certified Blended Occupancy Specialist (BOS) Certified HOME Compliance Specialist (HCS)

Knowledge , Skills and Abilities Required

Interpersonal Skills:

Proficiency at multi-tasking, demonstrated expertise in managing multiple complex projects simultaneously in addition to managing day to day operations, results oriented, Self-starter that has displayed the ability to excel in an unstructured environment and complete tasks according to deadlines. Strong verbal/written communication skills, ability to establish and maintain effective working relationships with peers, superiors, residents, community service agencies, and the public, ability to manage multiple priorities and multiple demands to accomplish tasks in accordance with established requirements, must have the ability to perform a variety of tasks simultaneously in an accurate and timely manner; considerable skill in problem solving, conflict resolution, and dealing with confidential information/situations

Technical Expertise:

Knowledge of Management policies and procedures, knowledge of Department of Housing and Urban Development ("HUD") rules and regulations, Fair Housing Laws, Tenant Law, OSHA standards, REAC, basic knowledge of building maintenance, fire prevention and liability reduction principles, ability to perform mathematical calculations, effective use of Property Management software, knowledge of third party nonprofit agencies that provide assistance and services to residents; working knowledge of Federally assisted housing regulations; ability to maintain required records such as tenant files, vacancy reports, etc. ability to prepare clear, concise reports and make appropriate recommendations within scope of responsibility.

Resilience Skills:

Willingness, mental and physical ability to perform the duties involved in this classification. The ability to perform work with or without accommodation requires the ability to sit, stand, and walk; dexterity of the hands; clarity of vision, speech, and hearing; the power of observation; and other physical duties as required.

Financial Skills:

Knowledge and ability to manage the financial operations for property administration.