Affordable Housing Compliance Specialist (LIHTC)

gobravvo; Columbia (SC); On-site; USD 65,000 - 95,000; Full time

Benefits offered by this job

Comprehensive benefits package

Professional development opportunities

Job summary

gobravvo is seeking an Affordable Housing Compliance Specialist (LIHTC) to oversee rent and utility allowance implementations across a portfolio of affordable housing properties in Columbia, SC. The role requires deep LIHTC knowledge and the ability to manage regulatory submissions and reporting with precision.

You will work closely with Property Management, Accounting, Operations, and Compliance teams to assess financial impact, support budgeting, and ensure timely rollout of approved rent

Qualifications

• Extensive knowledge of LIHTC regulations and affordable housing compliance standards.
• Experience with utility allowance methodologies and rent schedule implementation.
• Strong analytical skills with attention to detail.
• Ability to collaborate with cross-functional teams and manage regulatory submissions.
• Excellent communication and organizational abilities.

Responsibilities

• Coordinate annual utility allowance analysis, calculation, approval, and implementation.
• Maintain expertise in utility allowance methodologies (HUSM, ECM, PHA, State Agency).
• Stay current on LIHTC gross rent requirements and recommend procedural updates.
• Identify and implement agency-specific approval and submission requirements.
• Prepare, submit, and track documentation for rent changes and utility allowances.
• Direct communication and rollout of approved rent schedules and utility allowances.
• Analyze impact of rent and utility changes on budgets, revenue, and performance.
• Provide insights and recommendations to leadership regarding rent performance optimization.

Skills

LIHTC regulations

Utility allowances

Analytical skills

Cross-functional collaboration

Regulatory submissions

Communication

Job description

The Affordable Housing Compliance Specialist (LIHTC) plays a critical role in ensuring that affordable housing communities remain compliant with all relevant rent and utility allowance regulations. This position is responsible for overseeing the administration and implementation of rent adjustments, utility allowances, and maximum allowable rents across a diverse portfolio of affordable housing properties.

As a subject matter expert in Low-Income Housing Tax Credit (LIHTC) regulations and other affordable housing requirements, the Affordable Housing Compliance Specialist (LIHTC) ensures that all rent schedules and utility allowance changes are accurately implemented and fully compliant with applicable laws and guidelines. This specialist collaborates closely with internal teams, including Property Management, Accounting, Property Operations, and Compliance Management, to assess financial impacts, provide support for budgeting and forecasting, manage regulatory submissions, and maintain comprehensive reporting across the portfolio.

The Affordable Housing Compliance Specialist (LIHTC) acts as a key resource for leadership and stakeholders by providing in-depth insights and recommendations regarding rent performance and revenue optimization. This role requires a high level of analytical skill, attention to detail, and the ability to stay current on industry changes and regulatory updates. The specialist is also responsible for identifying and implementing agency-specific requirements for rent increases, utility allowances, and related budget changes, ensuring all documentation is prepared, submitted, and tracked efficiently throughout the approval processes.

The Affordable Housing Compliance Specialist (LIHTC) will coordinate the annual analysis, calculation, approval, and implementation of utility allowances, ensuring all activities are completed in a timely manner and in compliance with program requirements. The role maintains up-to-date knowledge of various utility allowance methodologies—including HUD Utility Schedule Model (HUSM), Energy Consumption Model (ECM), Public Housing Authority (PHA) allowances, and State Agency published allowances—and applies the correct methodology based on property and program specifics.

This position is also responsible for monitoring regulatory and industry changes related to LIHTC gross rent requirements and other affordable housing guidelines, recommending procedural updates as needed to maintain ongoing compliance. The Affordable Housing Compliance Specialist (LIHTC) directs the communication and rollout of approved rent schedules and utility allowance changes, ensuring that property management and relevant stakeholders are well-informed about required actions and timelines. Additionally, the specialist analyzes the impact of utility allowance changes, rent adjustments, market recommendations, and rent growth assumptions on maximum allowable rents, property budgets, revenue projections, operating performance, and overall cash flow for the portfolio.

This position offers an excellent opportunity to make a meaningful impact in the affordable housing sector. Working in this role provides valuable exposure to regulatory compliance, portfolio management, and cross‑functional collaboration. The city offers a vibrant community and diverse networking opportunities for professionals in the affordable housing industry.

Affordable Housing Compliance Specialist (LIHTC) - Summary

• Oversees rent and utility allowance implementation across affordable housing portfolios
• Ensures compliance with LIHTC and related regulatory requirements
• Acts as a subject matter expert for rent schedules, regulatory submissions, and portfolio reporting
• Collaborates with multiple internal teams to assess financial and operational impacts

Duties & Responsibilities

• Coordinate annual utility allowance analysis, calculation, approval, and implementation
• Maintain expertise in utility allowance methodologies (HUSM, ECM, PHA, State Agency)
• Stay current on LIHTC gross rent requirements and recommend procedural updates
• Identify and implement agency-specific approval and submission requirements
• Prepare, submit, and track documentation for rent changes and utility allowances
• Direct communication and rollout of approved rent schedule and utility allowance changes
• Analyze impact of rent and utility changes on budgets, revenue, and performance
• Provide insights and recommendations to leadership regarding rent performance optimization

Salary & Benefits

• Competitive salary commensurate with experience in affordable housing compliance
• Comprehensive benefits package (details available upon request)
• Opportunities for professional development and career advancement

Qualifications & Requirements

• Extensive knowledge of LIHTC regulations and affordable housing compliance standards
• Experience with utility allowance methodologies and rent schedule implementation
• Strong analytical skills and attention to detail
• Ability to collaborate effectively with cross-functional teams
• Proficiency in managing regulatory submissions and documentation
• Excellent communication and organizational skills

Ideal Candidate Snapshot

• Proven experience in affordable housing compliance or LIHTC property management
• Demonstrated expertise in regulatory research and compliance implementation
• Detail-oriented, with strong problem-solving and analytical abilities
• Effective communicator comfortable working with stakeholders across multiple departments
• Adaptable to regulatory changes and industry updates

Other Relevant Information

• This position is critical for ensuring affordable housing portfolios remain compliant and financially optimized
• Collaboration and communication skills are essential for success in this cross‑functional role
• Offers opportunities for growth and impact within the affordable housing and property management sectors

We are an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.