Director of Property Management – Downstreet

Downstreet Housing & Community Development
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Location: Washington County,
About the Job

Make a difference in your community!
Downstreet Housing and Community Development is a private, mission-driven, not-for-profit organization dedicated to delivering social and economic justice through the power of housing. We pride ourselves on connecting people to the resources they need to thrive and creating equitable opportunities for everyone in Central Vermont to access safe, healthy homes. Through our work, we strengthen the health and future of our local communities.

We are looking for a Director of Property Management to join our team!

Downstreet is seeking a seasoned and solutions-oriented manager to lead our 17-20 person Property Management and Facilities team and to oversee the performance of our 500-unit affordable housing portfolio serving low-income and formerly homeless individuals and families. The Director of Property Management will be a hands-on manager who is a creative problem solver with excellent interpersonal and analytical skills and a demonstrated ability to lead. Hybrid remote/office work schedule available.

Key Responsibilities

  • Participate in Downstreet’s Leadership Team and provide oversight, guidance and support to the Property Management and Facilities team
  • Coordinate staff trainings and ensure that department policies and procedures are up to date
  • Ensure properties operate in compliance with all legal, regulatory, and organizational requirements
  • Ensure strong operations and the financial and physical health and sustainability of properties
  • Develop and monitor annual budgets for all properties and work with Downstreet’s Asset Manager and Facilities Manager to develop and monitor capital plans
  • Strengthen community collaborations and support the housing success of residents
  • Participate in the development and supervision of a Resident Services pilot project
  • Collaborate with Downstreet’s Housing Development team on the operational feasibility of new projects

Experience and Education

  • Bachelor’s degree in related field and 7 years of relevant experience, including 5 years of management experience, or an equivalent combination of education, employment, and life experience
  • Working knowledge of fair housing laws, tax credit regulations, and other affordable housing regulatory requirements
  • Proficient in Microsoft Office Suite and ability to learn Downstreet’s property management software and systems
  • Highly organized with a strong ability to manage priorities and deadlines
  • Strong written and verbal communication skills
  • Commitment to equity and inclusion and social and economic justice
  • Valid Vermont Driver’s License and personal vehicle

Physical Requirements

  • Prolonged periods sitting at a desk and working at a computer
  • Must be able to lift 25 pounds at a time
  • Availability to work occasional evenings and weekends and respond to after-hours emergencies

Downstreet is strongest when we have a team that represents a variety of backgrounds, perspectives, and skills. We know that the more inclusive we are, the better our work will be. We are an equal employment opportunity employer, and all qualified applicants, regardless of race, color, ancestry, religion, gender, gender identity or expression, sexual orientation, age, national origin, marital status, disability, or Veteran status are encouraged to apply.

Downstreet is an equal opportunity employer, and all qualified applicants, including minorities, women, protected veterans, and individuals with disabilities are encouraged to apply.

Job Type: Full-time


Employer's Approach to Diversity, Equity, & Belonging

September 2020: established Race, Equity, Diversity and Inclusion (REDI) Awareness & Action Initiative to formally facilitate awareness and action at Downstreet that advances equity and centers the needs and experiences of those living in Downstreet’s housing and participating in Downstreet’s programs.

Engaged the services of a consultant to conduct a comprehensive equity assessment of Downstreet’s multi-family rental program; we developed organizational goals to address our shortcomings, and we continue to assess the barriers to housing and services experienced by many in BIPOC, LGBTQ+, and disabled communities, as well as other marginalized groups and those experiencing domestic violence, substance use disorder, and homelessness.

We provide regular staff trainings related to systemic racism (especially in the housing industry), social identities, equity versus equality, implicit bias, trauma-informed care, and other topics that promote awareness of and provide tools to address the racial and social justice challenges we face as a community.

Wage or Salary
$72,000 - $80,000