Affordable Housing Compliance Specialist
3 weeks ago
About the Company:
The Company is a privately held real estate investment firm focusing on the acquisition, asset management and redevelopment of multifamily housing. Within our three business lines, we focus across the income spectrum providing market rate, middle income, and affordable housing. We are an action-oriented group committed to achieving extraordinary results for our residents and investors. We believe that rewards should be based on merit rather than tenure and pride ourselves in cultivating an environment where talented, hardworking individuals can thrive. Our principals have a proven track record of successfully investing in over $3 billion of properties across multiple strategies and currently own and operate a national portfolio with a capitalized value of over $1 billion.
Job Description:
The Affordable Housing Compliance Specialist will be responsible for supporting the Asset Management team in the day-to-day administration of all Asset Management projects, policies, and procedures with a specific focus on managing all affordable compliance and reporting for BLVD’s affordable portfolio consisting of both Section 8 and LIHTC properties. The position is ideally suited for a highly motivated, detail-oriented and organized individual with a background in affordable compliance within a property management or asset management role. The position will work closely with all departments, including property managers, acquisitions, development, legal, and accounting. This individual should have the desire to be a part of an expanding, fast-paced company, and work within a team of other highly motivated individuals. This position will be based in our Dallas office and will report to the head of Asset Management.
Responsibilities:
- Oversee all affordable compliance and regulatory reporting requirements
- Assist in coordination and management of portfolio-wide Property Tax, Insurance, and Green/Energy programs
- Organize and coordinate property management transitions
- Take lead on handling and responding to all compliance-related inquiries from internal and external stakeholders
- Assist development team during LIHTC renovation projects—tracking compliance items and coordinating directly with property management team for tenant relocations, etc.
- Manage all regulatory agency, insurance and lender inspection processes (MOR, REAC, and others) including scheduling, property preparation, readiness, and post-inspection responses
- Manage the Asset Management team calendar, including critical dates and deadlines
- Prepare and publish weekly, monthly, quarterly, and annual reports for the Asset Management platform
- Maintain Asset Management files for accuracy, completion, and compliance with internal SOP’s
- Manage and track property ownership entity filings and renewals
- Other responsibilities as assigned
Job Requirements:
- 2-3 years in affordable housing compliance or a related field
- Ability to interpret and apply complex regulatory requirements
- Strong organizational skills with the ability to prioritize tasks, manage schedules and maintain efficient workflows
- Strong verbal and written communication skills
- Excellent time management skills with the ability to multitask, handle competing priorities and allocate time effectively
- Bachelors degree preferred, or equivalent experience
- Experience with Microsoft Office applications
- Experience with Yardi preferred, but not required
- Approaches work proactively and enjoys solving novel, challenging problems
- Demonstrates a desire to learn and grow in a fast-paced environment
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