Affordable Multifamily Housing Compliance Specialist

A Hiring Company; Cumberland (ME); Remote; USD 73,000 - 78,000; Full time

Job summary

A leading housing compliance organization is seeking a Compliance Specialist responsible for ensuring compliance within multi-state affordable housing properties. The ideal candidate will work remotely, conducting site visits as needed, and must have certifications in HUD and Tax Credits along with extensive experience in affordable property management. This role offers a yearly salary of $73,000-$78,000 and is a full-time position at the mid-senior level.

Qualifications

• Industry-specific certifications in HUD and Tax Credits required.
• Hands-on knowledge of Section 8, LIHTC, and related compliance.
• Experience with affordable property management software.

Responsibilities

• Conduct file reviews for compliance with affordable housing types.
• Prepare reports on non-compliance and assist site staff.
• Manage access to the USCIS SAVE program.

Skills

Industry-specific certifications in HUD and Tax Credits

Direct working knowledge of affordable housing programs

Attention to detail

Ability to work independently

Experience with affordable Property Management Software

Effective communication with regulating agencies

Education

5-7 years of affordable property management experience

Tools

RealPage

Yardi

MRI/Boston Post

Job description

Affordable Multifamily Housing Compliance Specialist

The Compliance Specialist is an individual contributor without supervisory responsibility that has compliance responsibilities in support of a multi-state portfolio which will consist of approximately 7 properties and 1,000 affordable Section 8 and Low-Income Housing Tax Credit multifamily units in the Indianapolis, Indiana Metro area. The Compliance Specialist works remotely, traveling to attend team meetings and visit sites as needed. The ideal candidate will be based within driving distance of the portfolio. The Compliance Specialist reports to the Corporate VP of Compliance.

ESSENTIAL FUNCTIONS

• Conduct file reviews for compliance with applicable affordable housing type(s) (e.g., Section 8 Project Based and Housing Choice Voucher (HCV), Internal Revenue Code Section 42 Low-Income Housing Tax Credit Program, etc.) remotely and at specific properties as needed during audit preparation or lease ups.
• Prepare reports summarizing file items of non-compliance and work with site office staff to correct deficiencies.
• Manage site office staff access to the Department of Homeland Security, U.S. Citizenship and Immigration Services’ (USCIS) Systemic Alien Verification for Entitlements (SAVE) program.
• Review Enterprise Income Verification (EIV) reports and assist site office staff with resolving discrepancies, submitting special claims, and ensuring monthly HAPs are transmitted and posted.
• Prepare and submit reports as required by state regulatory agencies and syndication partners.
• Assist site office staff with TRACS error resolutions.
• Perform other job-related duties as required.

QUALIFICATIONS: SKILLS & ABILITIES

• Industry-specific certifications in HUD and Tax Credits required which may include Certified Occupancy Specialist (COS-NAHMA), Tax Credit Specialist (TCS-NAHMA), Certified Credit Compliance Professional (C3P – Spectrum), Assisted Multifamily Housing Manager (AHM – Quadel) or comparable.
• Hands on, direct working knowledge of affordable housing programs and systems, to include Section 8/236, Low Income Housing Tax Credit (LIHTC), HUD’s Enterprise Income Verification (EIV) System, Secure Systems and Tenant Rental Assistant Certification System (TRACS), as well as Fair Housing, VAWA, and Section 504 Compliance.

Understanding of and experience complying with HUD Handbook 4350.3 requirements

• Experience with affordable Property Management Software (RealPage preferred, or Yardi, MRI/Boston Post)
• Experience working with and reporting to regulating agencies to include HUD, Public Housing Agencies, and State Housing Finance Agencies (HFA), specifically.
• Ability to work independently with consistently high level of attention to detail.
• 5-7 years of affordable property management experience, preferably at communities with layered LIHTC and Project-based Section 8.
• Competency in reading and understanding complex laws, regulations, codes and standards related to federal, state and local compliance and reporting requirements.
• Propensity to accept responsibility and be held accountable for his/her actions.
• Capability to utilize available time to organize and complete work within given deadlines.

PHYSICAL ABILITIES

Lift/Carry 10 lbs or less (F)

Lift/Carry 12 lbs or less (F)

Push/Pull Stand 10 lbs or less (F)

Push/Pull 12 lbs or less (F)

Stand 10-20 lbs (F)

Stand 13-25 lbs (F)

Stand 21-50 lbs (O)

Stand 26-40 lbs (O)

Stand 51-100 lbs (O)

Stand over 40 lbs (N)

Reach Outward/Above Shoulder over 100 lbs (N)

Climb (O) – Position requires up to 33% of time

Squat or Kneel (F) – Position requires up to 66% of time

This job description is subject to change, and at no time should be construed to be all inclusive.

Compensation details: 73,000-78,000 Yearly Salary

Seniority level

Mid-Senior level

Employment type

Full-time