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Affordable Multifamily Housing Compliance Specialist
Affordable Multifamily Housing Compliance SpecialistSHP Management Corp • Cumberland Foreside, ME, US
Affordable Multifamily Housing Compliance Specialist

Affordable Multifamily Housing Compliance Specialist

SHP Management Corp • Cumberland Foreside, ME, US
21 hours ago
Job type
  • Full-time
Job description

POSITION SUMMARY

The Compliance Specialist is an individual contributor without supervisory responsibility that has compliance responsibilities in support of a multi- state portfolio which will consist of approximately 7 properties and 1,000 affordable Section 8 and Low-Income Housing Tax Credit multifamily units in the Indianapolis, Indiana Metro area. The Compliance Specialist works remotely, traveling to attend team meetings and to visit sites as needed. The ideal candidate will be based within driving distance of the portfolio. The Compliance Specialist reports to the Corporate VP of Compliance.

ESSENTIAL FUNCTIONS

  • Conduct file reviews for compliance with applicable affordable housing type(s) (e.g., Section 8 Project Based and Housing Choice Voucher (HCV), Internal Revenue Code Section 42 Low-Income Housing Tax Credit Program, etc.) remotely and at specific properties as needed during audit preparation or lease ups.
  • Prepare reports summarizing file items of non-compliance and work with site office staff to correct deficiencies.
  • Manage site office staff access to the Department of Homeland Security, U.S. Citizenship and Immigration Services (USCIS)s Systemic Alien Verification for Entitlements (SAVE) program.
  • Review Enterprise Income Verification (EIV) reports and assist site office staff with resolving discrepancies, submitting special claims, and ensuring monthly HAPs are transmitted and posted
  • Prepare and submit reports as required by state regulatory agencies and syndication partners.
  • Assist site office staff with TRACS error resolutions.
  • Perform other job-related duties as required.

QUALIFICATIONS : SKILLS & ABILITIES

  • Industry-specific certifications in HUD and Tax Credits required  which may include Certified Occupancy Specialist (COS - NAHMA), Tax Credit Specialist (TCS - NAHMA), Certified Credit Compliance Professional (C3P Spectrum), Assisted Multifamily Housing Manager (AHM Quadel) or comparable.
  • Hands on, direct working knowledge of affordable housing programs and systems , to include Section 8 / 236, Low Income Housing Tax Credit (LIHTC), HUDs Enterprise Income Verification (EIV) System, Secure Systems and Tenant Rental Assistant Certification System (TRACS), as well as Fair Housing, VAWA, and Section 504 Compliance.
  • Understanding of and experience complying with HUD Handbook 4350.3 requirements

  • Experience with affordable Property Management Software (RealPage preferred, or Yardi, MRI / Boston Post)
  • Experience working with and reporting to regulating agencies to include HUD, Public Housing Agencies, and State Housing Finance Agencies (HFA), specifically.
  • Ability to work independently with consistently high level of attention to detail
  • 5-7 years of affordable property management experience, preferably at communities with layered LIHTC and Project-based Section 8.
  • Competency in reading and understanding complex laws, regulations, codes and standards related to federal, state and local compliance and reporting requirements.
  • Propensity to accept responsibility and be held accountable for his / her actions.
  • Capability to utilize available time to organize and complete work within given deadlines.
  • Ability to travel 10%-20% of the time and effectively manage travel expenses.
  • PHYSICAL ABILITIES

    Lift / Carry

    Push / Pull

    Stand

    10 lbs of less

    12 lbs or less F

    Walk

    11-20 lbs

    13-25 lbs F

    Sit

    21-50 lbs

    26-40 lbs O

    Handling / Fingering

    51-100 lbs

    over 40 lbs N

    Reach Outward / Above Shoulder

    over 100 lbs

    Climb

    Crawl

    Squat or Kneel

    Bend

    N = (Not Applicable) Activity is not applicable to position

    O = (Occasionally) Position requires up to 33% of time

    F = (Frequently) Position requires up to 66% of time

    C = (Constantly) Position requires more than 66% of time

    This job description is subject to change, and at no time should be construed to be all inclusive.

    Compensation details : 73000-78000 Yearly Salary

    PI3c055f4c101c-31181-39152945

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    Housing Specialist • Cumberland Foreside, ME, US

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