Compliance Specialist

Green-Alpha-Property-Management; Raleigh (NC); On-site; USD 85,000 - 115,000; Full time

Benefits offered by this job

401(k)

401(k) matching

Health insurance

Paid time off

Vision insurance

Job summary

Affordable Housing Solutions is seeking a Compliance Specialist to support LIHTC and regulatory compliance across a multi-site portfolio. This role emphasizes meticulous file review, risk identification, and collaboration with property teams in a mission-driven environment.

The position requires 5+ years in LIHTC compliance, with strong knowledge of regulations and LURA provisions. A commitment to nonprofit affordable housing and detailed, timely work are essential.

Qualifications

• 5+ years of LIHTC compliance experience, including file review and auditing.
• Strong knowledge of LIHTC requirements and affordability restrictions.
• Experience interpreting LURAs and regulatory agreements.
• Detail-oriented with excellent time management and organizational skills.
• Ability to work independently and collaborate with team members.

Responsibilities

• LIHTC file review and analysis of income, eligibility, and documentation.
• Verify certifications, recertifications, income calculations, and assets.
• Identify compliance risks and elevate issues when needed.
• Review LURAs and apply requirements during reviews and monitoring.
• Monitor ongoing LIHTC compliance and assist with agency reviews and audits.
• Provide clear written feedback and follow up on corrective actions.

Skills

LIHTC compliance

Resident file review

Regulatory analysis

Job description

About the Role

The Compliance Specialist supports Affordable Housing Solutions by ensuring properties remain fully compliant with Low-Income Housing Tax Credit (LIHTC) and other applicable regulatory requirements.

This position requires an experienced affordable housing professional with at least five years of experience conducting resident file reviews for new move-ins and recertifications across a multi-site portfolio. Industry certifications in LIHTC compliance are highly desirable.

Responsibilities

• LIHTC File Review and Analysis
  • Review applicant and resident files to ensure compliance with LIHTC income and eligibility requirements.
  • Verify the accuracy and completeness of certifications, recertifications, income calculations, asset documentation, student status, and household composition.
  • Identify compliance risks, discrepancies, and potential noncompliance issues.
  • Complete reviews within required timeframes and elevate issues when necessary.
• LURA and Regulatory Analysis
  • Review and analyze Land Use Restriction Agreements (LURAs) to understand property-specific affordability requirements, set-asides, income limits, rent restrictions, and compliance periods.
  • Apply LURA requirements consistently during file reviews and ongoing compliance monitoring.
  • Assist internal teams with interpreting LURA provisions and identifying potential compliance risks.
  • Support adherence to other applicable regulatory agreements and affordable housing requirements.
• Compliance Monitoring
  • Monitor ongoing compliance with LIHTC requirements, including income limits, rent limits, and utility allowances.
  • Support preparation for state housing agency reviews, audits, and monitoring visits.
  • Assist with internal compliance reviews and quality-control efforts.
  • Help identify and address compliance concerns before they result in findings or other regulatory issues.
• Communication and Technical Support
  • Serve as a compliance resource for site staff by responding to LIHTC-related questions.
  • Provide clear, written feedback regarding file deficiencies and required corrective actions.
  • Communicate compliance requirements in a practical, supportive, and solutions-oriented manner.
  • Follow up with team members to ensure identified issues are resolved and properly documented.
• Documentation and Reporting
  • Maintain accurate records of file reviews, findings, corrective actions, and resolutions.
  • Support compliance tracking, reporting, and documentation standards.
  • Contribute to process improvements and the development of compliance best practices.
  • Help maintain consistent compliance standards across the organization's affordable housing portfolio.

Qualifications

• 5+ years of experience required in LIHTC compliance, including household file review and certification auditing.
• Strong working knowledge of LIHTC program requirements and affordability restrictions.
• Experience interpreting and applying LURAs and other regulatory agreements.
• High attention to detail with strong time-management and organizational skills.
• Ability to work independently while collaborating effectively with property management and other team members.
• Strong written and verbal communication skills.
• Demonstrated flexibility, follow-through, and sense of urgency when addressing compliance issues.
• LIHTC or other relevant affordable housing compliance certifications are highly desirable.
• Commitment to the mission and community-focused work of a nonprofit affordable housing organization.

Benefits

• 401(k)
• 401(k) matching
• Health insurance
• Paid time off
• Vision insurance

Affordable Housing Solutions is committed to building and preserving affordable housing communities where residents can thrive. This role offers an opportunity to apply deep affordable housing compliance expertise within a mission-driven 501(c)(3) nonprofit organization and directly support the long-term success of the communities we serve.