Leasing & Compliance Specialist

MHR Management Inc; New York (NY); On-site; USD 50,000 - 70,000; Full time

Job summary

MHR Management Inc. is seeking a Leasing & Compliance Specialist to manage LIHTC compliance for a 240-unit project in New York City. The ideal candidate will have at least one year of relevant experience and fluency in English and Spanish. Responsibilities include handling income certifications, maintaining residency files, and ensuring compliance with housing regulations. Join a dedicated team committed to effective property management and resident satisfaction.

Qualifications

• At least 1 year of experience with LIHTC and Rent Stabilization compliance.
• Fluency in both English and Spanish.
• Experience working with regulators to resolve compliance issues.

Responsibilities

• Organizing initial file qualifications for a 240-unit LIHTC resyndication project.
• Performing annual income certifications and ensuring compliance.
• Maintaining accurate resident files for audits and preparing reports.

Skills

Leadership

Organizational skills

Time management

Fluency in English and Spanish

Discretion and confidentiality

Education

High school diploma or equivalent

Tools

Excel

Yardi

Job description

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• Organizing and ensuring timely completion of initial file qualifications for a 240-unit LIHTC resyndication project, including all aspects of project management and reporting to senior staff, investors/syndicators, and oversight agencies
• Perform timely annual income certifications in strict compliance with LIHTC program rules. Prepare lease renewals in a timely manner and in strict compliance with Rent Stabilization and other applicable laws and prepare annual DHCR rent registrations filings.
• Submit rent change/lease renewal increase requests to City agencies for tenants receiving subsidies
• Maintain accurate and updated hard copy resident files such that they would pass an audit at any time
• Prepare all necessary documents and reports for annual owner certifications and audits by City and other oversight agencies
• Determine new applicants’ eligibility for income-restricted apartments and facilitate new move-ins.
• Perform special departmental projects as needed (e.g. file maintenance, digitization of records, etc.)
• As a first line of communication with residents, listen to their housing-related issues (e.g. quality of life, maintenance, billing, or legal issues, etc.), and work with other departments/staff as needed to resolve issues promptly and fairly
• Respond promptly and professionally to all agencies’ requests for compliance information and be ready to explain all decisions made regarding residents’ eligibility for their apartment under LIHTC regulations
• Willingness to work overtime and flexible hours as needed in advance of compliance and audit deadlines throughout the year
• Attend trainings and stay abreast on policy and rule changes affecting leasing and affordable housing compliance to implement any necessary changes
• Perform other special projects relevant as needed/requested by senior team members to achieve objectives for effective property management

Other Duties

• Ability to research and stay up to date with new regulations/policies while incorporating them into existing work
• Develop effective team relationships within the organization
• Become thoroughly familiar with different agencies’ and syndicators’ standards, policies, and procedures
• Participates in continuing education opportunities for personal growth and development

Qualifications

The ideal Leasing & Compliance Specialist will be able to demonstrate:

• At least a high school diploma or equivalent and at least one (1) year of direct professional experience with LIHTC and Rent Stabilization compliance in New York state prior to March 2020.Applicants without LIHTC experience will not be considered.
• Fluency (written and oral) in both English and Spanish.
• Leadership and willingness to lend expertise to other compliance team members.
• Proficiency in Excel and experience with Yardi and/or other property management software.
• Strong organizational skills and pride in attending to details.
• Initiative and excellent time management skills in handling multiple projects to meet deadlines.
• Respect for the dignity of, and cultural diversity among, all residents, families, visitors, vendors and fellow employees to ensure a professional, responsible, and courteous environment.
• A calm and professional demeanor when engaging with residents, staff, and others.
• Experience working and communicating professionally with regulators to resolve compliance issues.
• Ability to exercise discretion and maintain confidentiality when dealing with sensitive information.

MHR Management, Inc. is an equal opportunity employer.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Sales and Management

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