Specifications include, but are not limited to:
1. Administrative
Collect rents (including delinquents), handle accounts payable, prepare monthly financial reports and
analysis, annual budget projections, year-end or project-end reports, conduct market rental analysis,
provide 5-15 year maintenance plan.
Develop marketing plans and procedures for maintaining full occupancy, develop marketing materials such
as ads, flyers or brochures, and perform cost analysis on marketing efforts.
Procure contractors when necessary in accordance with CDA Procurement Policy on behalf of the CDA.
Complete timely reports to the Community Development Authority, WHEDA, and other as needed.
Know and comply with rules and requirements for the various housing and rent assistance programs such as
Low Income Housing Tax Credit, Section 8 (both tenant and project based), Rapid Rehousing, etc.
Responsible for low income housing tax credit and WHEDA compliance. (Tax credit Extended Use
Compliance Period compliance only applies to Monona Shores Apartments and WHEDA compliance applies
to both properties.)
Maintain updated and accurate resident lease information, unit condition, contact with tenants for
complaints or other reasons, maintenance needed and performed, other required documents.
Manage property in accordance to the Wisconsin Landlord Tenant Rules, HUD, WHEDA, and LIHTC as
appropriate.
Full responsibility for hiring, supervision, training, and termination of staff (note staff will be employees of
the management company).
Other property management tasks as may be mutually agreed to.
2. Resident Services
Screen, select, retain or evict tenants as necessary.
Conduct certification and re-certification for LIHTC and Section 8 as required.
Develop, disseminate and enforce tenant rules and regulations.
Execute and enforce unit leasing and lease agreements.
Maintain occupancy rates at competitive levels. Manage timely unity turnover and re-occupancy.
Respond timely to tenant concerns.
Update and explain landlord disclosures as required by Madison Ordinance or State/Federal law.
Ensure staff is available via telephone on 24 hour 7 day a week basis to coordinate emergency services.
Perform site inspections as necessary.
Develop and implement a resident services plan
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