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Affordable Housing Recertification Specialist

1 month ago

New York, United States Fairstead Full time
Job DescriptionJob DescriptionDescription:

The Recertification Specialist reviews all resident files within the portfolio and applies knowledge of regulatory requirements for properties to ensure compliance standards are met. This position serves as the primary point of contact for overseeing compliance, responding to HUD concerns, and providing outreach to the property.


RESPONSIBILITIES:

  • Process initial, annual, and interim recertifications and calculate retroactive rent while conforming to HUD regulations and HPD guidelines.
  • Calculate rents for annual and interim recertification.
  • Identify households with income reporting discrepancies and make rent adjustments.
  • Review applicant files and determine Section 8 eligibility.
  • Follow LIHTC and Section 8 guidelines.
  • Notify residents of upcoming recertifications.
  • Schedule initial interviews for recertifications.
  • Prepare third-party verification forms.
  • Maintaining residents’ files and paperwork.
  • Review tenant ledgers for arrears.
  • For NY: Investigate and correct income discrepancies.
  • Performs other related duties as required.

BENEFITS:

  • Generous employer contribution for Medical and Dental through United Healthcare.
  • Employer Paid Vision Plans.
  • Company Matched 401(k) Retirement Plan: 100% of the first 3%; 50% of the next 2%.
  • 12 paid Holidays.
  • 15 days of PTO.
  • 7 Sick days.
  • Employer Paid Life Insurance.
  • Flexible Spending Account.
  • Nationwide Pet Insurance.
  • Disability Insurance.
  • Laser Correction Discount.
  • Employee Discounts on appliances, apparel, and more.


Requirements:

QUALIFICATIONS:

  • Must have extensive knowledge of Section 8, LIHTC, and HUD.
  • Well-versed in HUD/Public Housing/Tax Credit policies and procedures.
  • Experience with EIV reports.
  • Detail-oriented and the ability to operate on a deadline-driven schedule.
  • COS certification.
  • Experience with MOR.
  • Experience with Yardi
  • People skills and superior communication skills.
  • For NY: Experience investigating and correcting income discrepancies.
  • Proficient in Microsoft Office Suite.
  • Possess strong organizational, analytical, and problem-solving skills
  • Notary Public is preferred.

OVERVIEW:

Fairstead is a purpose-driven real estate firm dedicated to building sustainable communities nationwide. Headquartered in New York, with offices in Colorado, Florida, and Maryland, Fairstead owns a portfolio of more than 25,000 apartments across 28 states that includes 17,000 units under management. Our commitment to communities is realized through a comprehensive platform that leverages in-house expertise in acquisitions, development, design and construction, asset management, and property management.

Our mission is to provide high-quality housing to all, regardless of income. We accomplish this through an empathetic and innovative approach and leveraging our interdisciplinary platform as an investor, developer, owner, and operator. With a long-term commitment to our residents, communities, and partners, our team stands out by:

  • Listening to and understanding the needs of residents, communities, partners, and stakeholders alike.
  • Developing and preserving high-quality, sustainable, affordable housing.
  • Creating a positive social and environmental impact within the properties and communities we serve.

Diversity in backgrounds and experiences is key to Fairstead’s success. Being an equal opportunity employer is a central tenet of our philosophy, which shapes who we are and the communities we serve. Our goal is to ensure competitive total compensation commensurate with experience, location, and other market benchmarks.


Fairstead’s Core Values:

  • Empathy
  • Innovation
  • Entrepreneurship
  • Determination
  • Integrity

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