Property Compliance Manager

Franklin Group

Hyattsville (MD)

On-site

USD 85,000 - 115,000

Full time

25 hours ago
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Job summary

Franklin Group in Hyattsville, MD is seeking a Property Compliance Manager with LIHTC and HUD expertise to ensure regulatory adherence across multifamily properties. The role emphasizes accuracy, audits, and cross-department collaboration.

The position requires implementing compliance programs, training staff, and traveling for site visits and regulatory reporting, with a focus on LIHTC and HUD program requirements.

Qualifications

  • Minimum of 3 years of experience as a Compliance Specialist in multifamily affordable housing.
  • In-depth knowledge of LIHTC program regulations and requirements.
  • Provide leadership, direction, and oversight to on-site staff.
  • Familiarity with HUD programs; HOME program knowledge is a plus.
  • Excellent mathematical skills for accurate financial calculations and reporting.
  • Strong attention to detail and accuracy.
  • Proficiency in Microsoft Excel, Word, Office 365 Outlook, SharePoint.
  • Ability to meet deadlines and manage multiple priorities effectively.
  • Excellent organizational and communication skills.
  • Willingness and ability to travel for site visits and audits.

Responsibilities

  • Implement and oversee compliance programs and policies related to LIHTC and HUD regulations
  • Conduct initial lease-ups and ensure ongoing compliance with program requirements
  • Perform regular internal audits to verify adherence to regulatory standards
  • Review and understand various types of documents for verification purposes
  • Provide detailed directions and training to staff on compliance expectations and matters
  • Collaborate with different departments to ensure organization-wide compliance
  • Prepare and submit compliance reports to Owners, Investors, and Regulatory agencies
  • Stay updated on changes in housing regulations and standards, particularly for LIHTC and HUD programs

Skills

LIHTC knowledge
HUD programs
Leadership
Regulatory compliance
Auditing
Financial calculations

Education

HCCP Certification

Tools

Excel
Word
Office 365
Outlook
SharePoint

Job description

JOB TITLE: Property Compliance Manager FLSA STATUS: Non-exempt POSITION SUMMARY: Seeking a detail-oriented Property Compliance Manager with expertise in Low-Income Housing Tax Credit (LIHTC) and HUD programs to join our team. The ideal candidate will ensure our organization's adherence to all relevant regulations and policies while maintaining a high standard of accuracy and efficiency

PRIMARY DUTIES

include the following but are not limited to:

  • Implement and oversee compliance programs and policies related to LIHTC and HUD regulations
  • Conduct initial lease-ups and ensure ongoing compliance with program requirements
  • Perform regular internal audits to verify adherence to regulatory standards
  • Review and understand various types of documents for verification purposes
  • Provide detailed directions and training to staff on compliance expectations and matters
  • Collaborate with different departments to ensure organization-wide compliance
  • Prepare and submit compliance reports to Owners, Investors, and Regulatory agencies
  • Stay updated on changes in housing regulations and standards, particularly for LIHTC and HUD programs
JOB REQUIREMENTS
  • Minimum of 3 years’ experience as a Compliance Specialist, preferably in the multifamily affordable housing field
  • In-depth knowledge of LIHTC program regulations and requirements
  • Provide leadership, direction, and oversight to on-site staff
  • Familiarity with HUD programs; knowledge of HOME program is a plus
  • Excellent mathematical skills for accurate financial calculations and reporting
  • Strong attention to detail and ability to maintain high levels of accuracy
  • Proficiency in Microsoft Excel, Word, Office 365 Outlook, SharePoint
  • Ability to meet deadlines and manage multiple priorities effectively
  • Excellent organizational skills
  • Strong communication and collaborative skills
  • Willingness and ability to travel as required for site visits and audits
QUALIFICATIONS
  • HCCP Certification or equivalent
  • Minimum of 3 years of experience in affordable housing compliance
EDUCATION and/or EXPERIENCE

High school diploma or general education degree (GED); or three to five years related experience and/or training; or equivalent combination of education and experience.

COMMUNICATION and PRESENTATION SKILLS

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to prepare reports and business correspondence. Ability to effectively present information and respond to questions from groups of managers, residents, customers, and the public. Ability to effectively present information in one‑on‑one and small group situations to customers, clients, and other team members of the organization.

LEADERSHIP and STAFF DEVELOPMENT

Experience in managing a diverse workforce. Ability to manage conflict, provide direction, and drive business results by managing the performance of staff members.

ANALYTICAL and MATHEMATICAL SKILLS

Ability to add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages and apply to practical situations. Ability to work with mathematical concepts such as probability and statistical inference. Ability to analyze basic operating statements and identify unusual operating trends, ratios, and variances.

PROBLEM SOLVING SKILLS

Ability to make and implement decisions under conditions of risk and/or uncertainty.

REASONING ABILITY

Ability to apply common sense understanding to carry out detailed but uninvolved written or oral instructions. Ability to deal with problems involving a few concrete variables in standardized situations.

LICENSES and DESIGNATIONS

A valid driver’s license is required for this position. The Certified Apartment Manager (CAM) or Resident Apartment Manager (RAM) designations are highly recommended for this position.

TRAINING and CERTIFICATES

Fair Housing must be completed within 1 day of hire and Fair Housing Certificate must be obtained and posted within 60 days of hire. Preventing Sexual Harassment, Workplace Harassment and Drug Free Workplace courses must be completed within 7 days of hire.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by a team member to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the team members are regularly required to use hands to finger, handle, or feel and talk or hear. The team members frequently are required to stand, walk, and sit. The team members are occasionally required to reach with hands and arms; climb or balance; stoop, kneel, crouch or crawl. The team members must occasionally lift and/or move up to 10 pounds. Specific vision abilities are required by this job including close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.

CORPORATE INTEGRITY

All team members in all positions are expected to always act professionally, including but not limited to treating others with respect, valuating diversity, supporting team/community goals, and following company policies and procedures and fostering company core values.

Franklin Group is an Equal Employment Opportunity Employer.

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