We have partnered with a 50 year family owned Property Management company located in the Bronx that oversees roughly 11,000 units across the region and looking to bring in seasoned Compliance Specialists to oversee Recertifications and Compliance for the portfolio. 5+ years of direct and continuous experience with LIHTC and HCV is needed for this position.
Pay range is based on experience: $70k – $85k (could go higher for a Superstar!)
This role is integral to ensuring that the property remains in compliance with federal, state, and local regulations, including HUD and LIHTC guidelines.
Recertification and Compliance:
- Manage and execute all aspects of the certification and recertification process for residents, including initial certifications, annual recertifications, and interim adjustments. Ensure that all documentation is accurate and compliant with HUD and LIHTC regulations.
- Conduct eligibility interviews and verify the accuracy of income calculations, assets, and other pertinent factors affecting rent and subsidy levels. Maintain accurate and up-to-date resident files, ensuring compliance with all relevant regulations.
- Prepare and submit all required compliance reports to HUD, state agencies, and investors. Handle any compliance-related audits and ensure a positive outcome.
Resident Communication and Support:
- Serve as the primary point of contact for residents regarding compliance-related issues. Respond to inquiries and provide guidance regarding the certification process, lease terms, and housing policies.
- Collaborate with resident services and management teams to ensure a smooth experience for residents, while maintaining strict adherence to compliance guidelines. Assist residents in completing required paperwork, as needed.
Regulatory and Audit Readiness:
- Maintain readiness for audits, inspections, and reviews from regulatory agencies, investors, and internal auditors. Ensure that all compliance documentation is complete, up-to-date, and accurately reflects the property’s status.
- Identify any areas of potential risk and implement corrective actions or improvements as necessary to meet regulatory standards.
Collaboration and Teamwork:
- Work closely with the property management team to ensure that compliance requirements are met in conjunction with leasing and management activities.
- Collaborate with the maintenance and operations teams to ensure that any compliance-related physical deficiencies (e.g., housing quality standards) are addressed in a timely manner.
Software and System Management:
- Use HUD’s EIV and TRACS systems for compliance reporting, tenant information verification, and recertifications. Ensure accurate reporting of all required data to HUD and LIHTC agencies.
- Manage and maintain compliance-related software, ensuring timely submission of all reports and monitoring changes in HUD regulations and updates to compliance systems.
Qualifications and Skills:
- Minimum of five years of experience with HUD and LIHTC recertifications, or equivalent professional certification such as Certified Occupancy Specialist (COS).
- In-depth knowledge of HUD regulations, LIHTC program rules, and the HUD 4350 handbook.
- Proficiency with compliance software, including EIV, TRACS, and other related platforms. Experience with property management software is a plus.
- Impeccable attention to detail, with a strong ability to work independently and manage multiple tasks simultaneously.
- Exceptional verbal and written communication skills, particularly in explaining complex regulatory requirements to residents and colleagues.
- Proven track record of success in compliance management within an affordable housing setting.
- Bilingual (Spanish/English) proficiency preferred.
- Minimum of an Associate’s degree or equivalent experience in a related field, such as public administration, property management, or social work.
. . . Pay Statement and Pay Transparency Laws: rate of pay listed is on a per hour basis. You will be entitled to health insurance once employed for 60 days and you must work 30 hours per week, on average, per month to enroll and maintain health insurance through Complete Staffing Solutions. Once both qualifiers are met you must complete the enrollment packet and your benefits will start on the first of the subsequent month. . . It is our policy to provide equal employment opportunity to all individuals regardless of race, color, sex, sexual orientation, religion, disability, age, veteran status, ancestry, national or ethnic origin or any other legally protected class. We are committed to a diverse workforce. We value all employees’ talents and support an environment that is inclusive and respectful. We are strongly committed to this policy, and believe in the concept and spirit of the law. #toponehire