Overseeing building rehabilitation and capital improvements as needed.Ī Mitchell-Lama property manager is expected to be fully conversant and to operate in accordance with the Mitchell-Lama Rules.Meeting obligations for building maintenance, financial liabilities, and income and rental requirements and.Maintaining rent rolls, financial statements, vacancy reports, monthly operating statements and other required documents.Efficiently marketing and leasing vacant apartments, using the mandated Mitchell-Lama waiting lists and advertising and conducting a lottery when necessary.Qualified Mitchell-Lama Property Managers will work closely with Boards of Directors and/or owners to ensure operational stability, fiscal health and long term physical well-being in Mitchell-Lama developments pursuant to the Rules of the City of New York, Chapter 3, Title 28 by: When a Mitchell-Lama development is seeking new property management, HPD may recommend that the housing company consider Qualified Mitchell-Lama Property Managers from a list developed from this RFQ. This Request for Qualifications (RFQ) has been issued to identify property managers that have the capacity to manage large scale buildings with significant regulatory requirements. The Division of Housing Supervision ensures that the Mitchell-Lama portfolio is maintained both physically and financially. HPD works directly with project sponsors, building owners, coop Boards of Directors, property managers, HPD’s partners, and internal HPD loan programs to ensure the financial viability, physical integrity and regulatory compliance of nearly 100 Mitchell-Lama developments, consisting of approximately 45,000 units of affordable housing. The Division of Housing Supervision is responsible for overseeing City-supervised Mitchell-Lama developments. HPD is seeking to identify applicants for consideration as property managers to assume property management responsibilities for Mitchell-Lama developments in HPD's Division of Housing Supervision’s portfolio.
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