Compliance Manager

The Community Builders, Inc.; New York (NY); Remote; USD 80,000 - 90,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

12 paid holidays and PTO accrual

403(b) retirement plan with company match

Employer contributions to Health Savings Accounts

Job summary

A leading nonprofit real estate developer is seeking a Compliance Manager to oversee compliance for affordable housing properties. This role involves managing lease-up activities, training staff, and ensuring adherence to regulatory requirements. The ideal candidate has expertise in affordable housing programs, excellent organizational and communication skills, and the ability to lead a team effectively. The position offers remote work options for candidates in the NY/NJ region with a competitive salary range of $80-90k.

Qualifications

• Bachelor's degree preferred or equivalent experience of five years in affordable housing compliance management.
• Proven expertise in affordable housing programs, especially LIHTC, HUD and PHA programs.
• Excellent understanding of LIHTC lease-up regulations and related rules.

Responsibilities

• Manage compliance for assigned properties, overseeing lease-up activities.
• Ensure compliance with affordable housing programs during property start-ups.
• Train staff on compliance-related tasks and regulations.

Skills

Affordable housing expertise

Regulatory compliance knowledge

Interpersonal skills

Presentation skills

Organizational skills

Communication skills

Supervisory abilities

Education

Bachelor’s degree or equivalent experience

HCCP or C3P – LIHTC training

COS or COS-P – Certified Occupancy Specialist training

Tools

Yardi software

Job description

Compliance Manager

The Community Builders, Inc. (TCB) is one of America's leading nonprofit real estate developers and owners. Our mission is to build and sustain strong communities where all people can thrive.

Position Overview

The primary role of this position is the day-to-day management of compliance for a part of TCB’s portfolio, as assigned and designated, including the supervision of one or more Compliance Specialists. The Compliance Manager leads the compliance lease-up activity for new and/or re-syndicated properties, overseeing the implementation of affordable housing programs through lease-up, including LIHTC, HUD, HOME programs and state and/or local set-asides and rental assistance programs. The role works in collaboration with Development, Finance, Operations and Leasing & Marketing to develop and implement strategic plans for new property start-ups, collaborates with the property management team during lease‑ups, and assists with staff training on all applicable regulatory, owner, investor and monitoring agent requirements.

Location: Remote (NY/NJ region). Reports to the Director of Compliance.

Essential Functions

• Ensure all first-year tax credit file procedures are followed and are 100% in compliance.


• Read and understand all regulatory documents and disseminate the information for use by property management.


• Lead the development and implementation of new property start‑ups to maximize LIHTC credits, ensuring units are qualified on time and meet all regulatory requirements.


• assist with appropriate marketing as applicable to AFHMP and property needs.


• Create Yardi software set‑up matrix for new deals; complete quality assurance on software after set‑up.


• Train staff on all compliance related tasks, policies and procedures for newly purchased properties, properties in lease‑up and existing properties.


• Assist with initial certification processes and interface with property management staff throughout lease‑up.


• Provide requested reports and ensure all files receive approval by investors’ auditor.


• Assist with completion of the Tenant Selection Plan, AFHMP and LAP for property start‑ups.


• Train site and compliance staff and assist with property lotteries as needed.


• Create a summary of property‑specific requirements from the management agreement, regulatory agreements and restrictive covenants.


• Review audit findings and oversee timely resolutions to investor, state and federal monitoring agencies’ findings of non‑compliance.


• Coordinate and oversee successful, complete and on‑time submission of LIHTC year‑end reporting.


• Provide property‑specific occupancy and reporting requirements to senior leadership.


• Support senior leaders in developing and deploying training and corrective action plans.


• Perform other duties as assigned.

Knowledge, Skills and Abilities

• Must have a valid driver’s license.


• Must be willing to travel 75% of the time.


• Proven expertise in affordable housing programs, especially LIHTC, HUD and PHA programs.


• Demonstrated experience with new property lease‑ups, including waitlists and lotteries.


• Excellent understanding of LIHTC lease‑up regulations and related rules.


• Ability to train staff on all affordable housing compliance matters.


• Exceptional interpersonal and presentation skills.


• Clear verbal and written communication skills.


• Effective team player and collaborator across TCB disciplines.


• Ability to work independently and prioritize tasks.


• Effective supervisory abilities.


• Ability to read and interpret complex regulatory documents.


• Excellent organization and customer service skills.


• Excellent computer skills.

Training

• TCB approved Fair Housing, Yardi (annually).


• TCB Standard Operating Procedures, TCB University.


• Yardi.


• Other as assigned.

Education & Experience

• Bachelor’s degree preferred or equivalent experience of five years affordable housing regional compliance management.


• Prior supervisory experience of at least one to three staff preferred.


• HCCP or C3P – LIHTC training through Spectrum or equivalent.


• COS or COS-P – Certified Occupancy Specialist training through NCHM or equivalent.


• Experience in the use of Yardi preferred.

Benefits

• Medical, dental, and vision insurance.


• 12 paid holidays & tenure‑based PTO accruals.


• Employer contributions to Health Savings Accounts.


• Company‑paid Life & Disability Insurance.


• 403(b) retirement plan with company match.


• Tax‑advantaged accounts: commuter/parking, medical & dependent care FSA.


• Hospital & Critical Illness Insurance.


• Confidential, 24/7 Employee Assistance Program.


• Pay range: $80-90k.

The Community Builders is an equal opportunity employer.

Seniority Level

• Mid-Senior level

Employment Type

• Full‑time

Job Function

• Strategy/Planning and Information Technology