The Compliance Specialist plays a critical role in ensuring adherence to state and federal regulations for affordable housing programs. This full-time position is central to maintaining the integrity and legal standing of all managed properties through diligent review, documentation, and reporting. As a key member of the compliance team, the Compliance Specialist collaborates closely with site staff and property management teams to uphold the standards and requirements set forth by various housing agencies and regulatory bodies. The Compliance Specialist is responsible for supporting and guiding property management teams through all aspects of resident eligibility, documentation, and reporting to ensure successful compliance outcomes.
This position involves regular interaction with site teams, requiring a detail-oriented approach and a strong understanding of affordable housing programs such as LIHTC, HOME, and Section 8. The Compliance Specialist will provide expertise in income calculations, asset verification, and program-specific regulations, ensuring that resident files and property data are accurate, complete, and fully aligned with agency requirements. The role also includes the responsibility of submitting timely and precise compliance reports to relevant agencies and investors.
Working as a Compliance Specialist offers the opportunity to contribute to the mission of providing quality affordable housing while maintaining strict regulatory compliance. The individual in this position will be integral to the success of the compliance department, helping to protect the organization from potential compliance risks and fostering an environment of transparency and accuracy.
Compliance Specialist - Summary
- Serve as the primary point of contact for regulatory compliance across managed properties.
- Support property management teams with eligibility and documentation for affordable housing programs.
- Ensure timely and accurate processing of resident certification files using approved auditing platforms.
- Guide and educate site teams on compliance procedures and risk mitigation strategies.
- Conduct internal audits and participate in the resolution of any compliance discrepancies.
Duties & Responsibilities
- Assist with resident eligibility determinations for affordable housing programs (e.g., LIHTC, HOME, Section 8).
- Advise property managers on documentation requirements and ensure timely submission of resident certification files.
- Utilize auditing platforms to manage and verify certification files, ensuring accuracy and compliance with regulations.
- Provide guidance on income calculations, asset verification, and allowable deductions.
- Review and process unit transfer requests, ensuring compliance with program rules and educating site teams on procedures and risks.
- Upload and cross-reference tenant certification data, unit information, and occupancy details in compliance and reporting systems.
- Verify that income limits, rent limits, unit designations, and household data are accurate and aligned with program and site records.
- Reconcile discrepancies between site reports and system data, collaborating with property teams to correct errors before official submissions.
- Submit monthly, quarterly, and annual compliance reports to housing agencies, investors, and syndicators as required.
- Conduct regular internal audits of resident files to ensure compliance with program guidelines.
- Identify compliance issues or discrepancies and work proactively with site teams to resolve them promptly.
Salary & Benefits
- Competitive compensation package, commensurate with experience and qualifications.
- Comprehensive benefits may include health, dental, vision insurance, retirement plans, and paid time off.
- Opportunities for professional development and ongoing training in compliance and affordable housing regulations.
Qualifications & Requirements
- Proven experience in compliance, affordable housing, or property management is highly preferred.
- Strong knowledge of affordable housing programs such as LIHTC, HOME, and Section 8.
- Excellent attention to detail, organizational, and analytical skills.
- Proficiency in compliance and reporting software systems.
- Ability to interpret and apply complex regulations and program guidelines.
- Strong communication skills, both written and verbal, for effective collaboration with site teams and agencies.
- Ability to handle confidential information with discretion and maintain professional integrity.
Ideal Candidate Snapshot
- Detail-oriented and highly organized professional with a commitment to regulatory compliance.
- Demonstrated ability to work collaboratively with property management and site staff in a fast-paced environment.
- Proficient in managing multiple projects and deadlines simultaneously.
- Adaptable to changing regulatory requirements and able to quickly learn and apply new compliance standards.
- Driven by a sense of purpose in supporting affordable housing initiatives and protecting organizational integrity.
Other Relevant Information
- The Compliance Specialist role is essential for maintaining the quality and accountability of affordable housing programs.
- This position offers strong opportunities for career growth in compliance, property management, and housing administration.
- Applicants are encouraged to bring their expertise in affordable housing regulations and their passion for supporting community housing needs.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.