Compliance Specialist - Regional Office Based (Hybrid)
About the position
The Compliance Specialist is responsible for managing and maintaining compliance functions for a diverse portfolio of approximately 5,000 affordable housing units across multiple states. This role requires in-depth knowledge of federal, state, and local affordable housing regulations, including LIHTC, Project-Based Section 8, Tax Exempt Bond, and HOME programs. The ideal candidate will have significant experience in compliance-specific oversight roles, demonstrating the ability to lead compliance efforts, ensure data integrity, and maintain positive relationships with various stakeholders.
Responsibilities
• Takes full ownership of overseeing and maintaining compliance for a portfolio of approximately 5,000 affordable housing units across multiple states.
• Exhibits expertise in all current affordable compliance requirements and monitors policy changes, including Low Income Housing Tax Credit Program (LIHTC), Project-Based Section 8, Tax Exempt Bond, and HOME programs.
• Sets compliant rent and utility allowances for the portfolio.
• Ensures timely and accurate affordable compliance reporting to all stakeholders.
• Manages and meets deadlines for tasks tracked in the Corporate Compliance Workfront system.
• Collaborates with state specialists and supervisors to develop consistent and efficient policies and procedures.
• Leads Compliance Coordinators and Technicians in file review, policy development, audits, and training.
• Ensures the portfolio is accurately reflected and maintained in all affordable housing software and IT systems including but not limited to Yardi, PDB, RightSource, Rent Café Affordable Housing, SharePoint, and Workfront, taking full ownership and exercising autonomy in the active updating and upkeep of these systems within the portfolio.
• Maintains positive relationships with State Housing Finance Agencies, Project-Based Contract Administrators, syndicators, investors, and other stakeholders.
• Provides oversight, planning, and preparation for affordable program audits, and responds timely to agencies and stakeholders in a compliant manner.
• Leads the compliance portion of distressed, intake, and critical path meetings for new acquisitions and new construction properties, resyndications, and value events.
• Manages first-year credit delivery, including submission of first-year files to syndicators, maintenance of Yardi-generated lease-up report, and completion of audit responses.
• Identifies and notifies property operations of compliance risks as needed.
Requirements
• Minimum of 5 years of experience in affordable housing compliance.
• Minimum of 3 years of experience in a compliance specific position with oversight of multifamily affordable programs, including but not limited to the LIHTC Program.
• Demonstrated experience responding to affordable housing agency physical and file audits for the LIHTC, Project-Based Section 8, Tax Exempt Bond, and/or HOME programs.
• Demonstrated experience reporting to affordable housing agency required under the LIHTC, Project-Based Section 8, Tax Exempt Bond, and/or HOME programs.
• In-depth knowledge of federal, state, and local affordable housing regulations.
• Proficiency in affordable housing software and IT systems, including Yardi, PDB, RightSource, Rent Café Affordable Housing, SharePoint, and Workfront.
• Knowledge of HUD Section 8 and 236 verification processes.
• Ability to prioritize tasks, handle multiple demands, and meet deadlines.
• High level of initiative and ability to work independently.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication skills.
• Exceptional attention to detail and organizational skills.
• Strong leadership and team collaboration abilities.
Nice-to-haves
• Certifications such as Certified Occupancy Specialist (COS), Housing Credit Certified Professional (HCCP), or similar are preferred.
Benefits
• competitive salary
• incentive bonus program
• training and development programs
• career growth
• community volunteer and outreach programs
• Basic Life and AD&D
• Employee, Spouse and Child Supplemental Life and AD&D
• Short and Long-Term Disability insurance
• Medical, Dental and Vision coverage
• optional Health Savings Accounts
• Medical and Dependent Care Flexible Spending Accounts
• Voluntary Benefits (Accident, Critical Illness, Whole Life)
• Employee Assistance Program
• 401(K) plan
• Health and Financial Wellness Programs
• Paid Time Off including Paid Holidays and Floating Holidays
• Paid Parental Leave
• Education Reimbursement
• Employee Recognition
• Dominium Employee Emergency Fund
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The Compliance Specialist is responsible for managing and maintaining compliance functions for a diverse portfolio of approximately 5,000 affordable housing units across multiple states. This role requires in-depth knowledge of federal, state, and local affordable housing regulations, including LIHTC, Project-Based Section 8, Tax Exempt Bond, and HOME programs. The ideal candidate will have significant experience in compliance-specific oversight roles, demonstrating the ability to lead compliance efforts, ensure data integrity, and maintain positive relationships with various stakeholders.
Responsibilities
• Takes full ownership of overseeing and maintaining compliance for a portfolio of approximately 5,000 affordable housing units across multiple states.
• Exhibits expertise in all current affordable compliance requirements and monitors policy changes, including Low Income Housing Tax Credit Program (LIHTC), Project-Based Section 8, Tax Exempt Bond, and HOME programs.
• Sets compliant rent and utility allowances for the portfolio.
• Ensures timely and accurate affordable compliance reporting to all stakeholders.
• Manages and meets deadlines for tasks tracked in the Corporate Compliance Workfront system.
• Collaborates with state specialists and supervisors to develop consistent and efficient policies and procedures.
• Leads Compliance Coordinators and Technicians in file review, policy development, audits, and training.
• Ensures the portfolio is accurately reflected and maintained in all affordable housing software and IT systems including but not limited to Yardi, PDB, RightSource, Rent Café Affordable Housing, SharePoint, and Workfront, taking full ownership and exercising autonomy in the active updating and upkeep of these systems within the portfolio.
• Maintains positive relationships with State Housing Finance Agencies, Project-Based Contract Administrators, syndicators, investors, and other stakeholders.
• Provides oversight, planning, and preparation for affordable program audits, and responds timely to agencies and stakeholders in a compliant manner.
• Leads the compliance portion of distressed, intake, and critical path meetings for new acquisitions and new construction properties, resyndications, and value events.
• Manages first-year credit delivery, including submission of first-year files to syndicators, maintenance of Yardi-generated lease-up report, and completion of audit responses.
• Identifies and notifies property operations of compliance risks as needed.
Requirements
• Minimum of 5 years of experience in affordable housing compliance.
• Minimum of 3 years of experience in a compliance specific position with oversight of multifamily affordable programs, including but not limited to the LIHTC Program.
• Demonstrated experience responding to affordable housing agency physical and file audits for the LIHTC, Project-Based Section 8, Tax Exempt Bond, and/or HOME programs.
• Demonstrated experience reporting to affordable housing agency required under the LIHTC, Project-Based Section 8, Tax Exempt Bond, and/or HOME programs.
• In-depth knowledge of federal, state, and local affordable housing regulations.
• Proficiency in affordable housing software and IT systems, including Yardi, PDB, RightSource, Rent Café Affordable Housing, SharePoint, and Workfront.
• Knowledge of HUD Section 8 and 236 verification processes.
• Ability to prioritize tasks, handle multiple demands, and meet deadlines.
• High level of initiative and ability to work independently.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication skills.
• Exceptional attention to detail and organizational skills.
• Strong leadership and team collaboration abilities.
Nice-to-haves
• Certifications such as Certified Occupancy Specialist (COS), Housing Credit Certified Professional (HCCP), or similar are preferred.
Benefits
• competitive salary
• incentive bonus program
• training and development programs
• career growth
• community volunteer and outreach programs
• Basic Life and AD&D
• Employee, Spouse and Child Supplemental Life and AD&D
• Short and Long-Term Disability insurance
• Medical, Dental and Vision coverage
• optional Health Savings Accounts
• Medical and Dependent Care Flexible Spending Accounts
• Voluntary Benefits (Accident, Critical Illness, Whole Life)
• Employee Assistance Program
• 401(K) plan
• Health and Financial Wellness Programs
• Paid Time Off including Paid Holidays and Floating Holidays
• Paid Parental Leave
• Education Reimbursement
• Employee Recognition
• Dominium Employee Emergency Fund
Apply tot his job
Apply To this Job