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HUD Compliance Specialist

3 months ago

Houston, Texas, United States Asset Living Full time

Company Overview

Asset Living is a third-party management firm and a proven partner in fostering thriving communities nationwide. Founded in 1986, Asset Living has decades of experience delivering exceptional value to our partners. Since the beginning, our undeniable passion has driven our organic growth from a small property management firm to one of the most trusted allies in real estate. Asset Living's growing portfolio includes a multitude of properties across the country that span the multifamily, single-family home rentals, affordable housing, build-to-rent, active adult, and student housing divisions.

Asset Living is a fast-growing company made up of talented individuals from diverse backgrounds that differentiate us and help us drive innovation and results for our clients and communities across the US. At Asset Living, we wholeheartedly believe 'Together We Lead, Together We Succeed'. We empower each other to lead by example, collaborate, and evolve – inspired by our belief that we can continually improve as individuals and as an organization. Together, we create an environment where every voice is heard, every idea is valued, and every individual experiences opportunities to grow as our company grows. When you join Asset Living, you become part of a dynamic team that thrives on unity, unique talents, and a universal culture of winning.

Recognized as one of the nation's Best and Brightest Places to Work and ranked in the NMHC top 50 professionals, join Asset Living because of its reputation as the most trusted partner in real estate, workplace culture, and growth opportunities. Asset Living is a member of The Institute of Real Estate Management (IREM) and is recognized as an Accredited Management Organization (AMO). Together, we lead the way, and together, we achieve excellence in all that we do. Join a workplace where success is a collective journey and leadership is a shared responsibility.

HUD Compliance Specialist

The Compliance Specialist is responsible for reviewing both Housing Tax Credit and HUD programs applications and ensuring they are eligible and compliant with applicable and current regulatory requirements.

This position entails travel, estimated at 30% of work time annually. Travel may be required for property visits, conferences, training sessions, or other business-related activities.

Essential Duties & Responsibilities

  • The review of Affordable Housing resident files for eligibility and compliance with all required laws.
  • Review the files based on information presented by the applicants and ensure review of files within 24 hours of receiving.
  • Adherence to all policies and procedures as set forth in the personnel manual.
  • Monitoring changes in LIHTC regulations and requirements and implementing modifications as indicated.
  • Attendance at TDHCA trainings annually. The requirement to attend HCCP training within the first two years of employment and include a passing score on the exam to receive the HCCP designation.
  • Participates in all tax credit reviews by outside entities.
  • Monitor changes in HUD regulations.

Position Requirements:

  • Individuals in this position should possess strong organizational skills and a detail-oriented approach.
  • Strong computer literacy skills are essential to this position, including RealPage Onesite Tax Credit software.
  • Housing Credit Certified Professional certification a plus. If not already certified, the requirement to attend HCCP training within the first 2 years of employment and include a passing score on the exam.
  • COS or equivalent a plus.
  • Knowledge of the HUD program is a plus.
  • Good verbal and written communication skills are also required.
  • Travel required.

This job description should not be considered all-inclusive. It is merely a guide of expected duties. The employee understands that the job description is neither complete nor permanent and may be modified at any time. At the request of their supervisor, an employee may be asked to perform additional duties or take on additional responsibilities without notice.

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