Sr. Affordable Housing Compliance Specialist
2 weeks ago
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.
Sr. Affordable Housing Compliance Specialist
The Senior Compliance Specialist manages the compliance programs, policies, reporting, and practices for the organization, ensuring that all activities follow regulatory requirements.
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, HOME, and PBRA regulations and requirements and implementing modifications as indicated
- Training attendance 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
- Conduct daily audits on assigned property LIHTC, HOME, and PBRA units
- Provide support, training, and correction to onsite staff regarding affordable programs included but not limited to LIHTC, HOME, and PBRA compliance best practices
- Collaborate with third-party monitoring agency regarding necessary reporting, action items for compliance, and other issues
Position Requirements
- Demonstrated experience in management of LIHTC, HOME and PBRA properties
- Exceptional professional demeanor and work ethic
- Positive attitude with strong teamwork skills
- Excellent written/verbal communication
- Proficiency in Microsoft Suite (Outlook, Word, Excel, etc.)
- Bachelor's degree in applicable field of study preferred
- Must provide list of 2-3 professional reference
- 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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