Regional Property Manager/ Compliance

7 days ago


Silver Spring, Maryland, United States Grady Management Inc. Full time
Job Description Job Description

Grady Management, Inc., a leader in the property management arena in Maryland and Virginia, has an opportunity for an experienced Regional Manager with a focus on Compliance.

The Regional Manager is responsible for identifying, providing, and maintaining comprehensive resources, documents & information, company policies, and procedures to ensure compliance with all governing programs, including, but not limited to HUD affordable housing program regulations, Section 42 Tax-Credit affordable housing programs, & Bond programs,

Requirements:

  • Experience with affordable housing programs including Low Income House Tax Credits
  • Monitoring and implementing changes in HUD and LITHC regulations and requirements
  • Proper maintenance of tenant files and computer/electronic records to ensure accuracy according to HUD and LIHTC regulations by working closely with Compliance Manager(s)
  • Determining financial eligibility for all new admissions into the affordable program
  • Processing new applicants
  • Assist and review all 8823's corrections and correspondence
  • Monitoring of re-certification notification letters in compliance with HUD and LIHTC regulations
  • Perform training programs to educate and inform the site teams of requirements and responsibilities
  • Remain familiar with HUD's changing Federal Regulations as they relate to Affordable Housing programs
  • Travel Required within Virginia and Maryland
  • Working knowledge of waiting list, income allowances and rent calculations process, lease renewal utility allowances, and fraud and termination of tenancy rules
  • Certified Tax Credit Specialist (TCS) and/or Certified Occupancy Specialist (COS) a must
  • Computer literacy and working knowledge of fair housing regulations required
  • Onesite/RealPage software knowledge a plus
  • Proficient in Word, Excel, and Outlook

Responsibilities will include:

  • Maintaining information regarding financial and compliance reporting guidelines received from HOC, local entities, financial institutions and ownership as it pertains to financial systems
  • Maintain up-to-date information on annual adjustment factors, fmr's, income limits, rents and rent schedules
  • Ensure timely annual recertification notices are sent by communities.
  • Ensure interviews are conducted for annual recertification prior to the anniversary of each household move-in
  • Oversee the preparation of all proper documentation for move-in approval via the compliance department. Oversee and conduct file audits twice per year for each community. Follow up with
  • Follow up on all issues from unit inspections and track through completion
  • Collect annual utility invoices to document chance in allowances
  • Supervise and direct two Compliance Managers; potential direct supervision of up to 3 LIHTC communities
  • Perform other duties as assigned

We offer an outstanding compensation and benefits package to include:

  • Health Benefits – Medical, Dental and Vision
  • Paid Leave & Paid Holidays
  • Retirement Plan – 401K or IRA options
  • Education Reimbursement

Grady Management is an Equal Opportunity Employer EOE/M/F/D/V

Company Description Grady Management was founded March 1965 and has grown to be a full-service Residential, Commercial & Real Estate Consulting Firm. Located in Silver Spring, Maryland, our company oversees multi-million dollar income producing real estate around the MD, VA & DC Metro area.

The main focus of Grady Management is to maintain the quality of real estate and provide environments where people wish to live and work while at the same time enhancing returns on investment. This framework presents a win-win situation for both owners and residents and the long term health of the properties. Our motto "Exceptional People Exceptional Communities" is more than just words for thousands of people living at communities managed by Grady Management.

We are an Accredited Management Organization (AMO)- a designation given by IREM, the Institute of Real Estate Management. Grady Management is in company with only three percent of management companies nationwide that hold that designation.Company Description Grady Management was founded March 1965 and has grown to be a full-service Residential, Commercial & Real Estate Consulting Firm. Located in Silver Spring, Maryland, our company oversees multi-million dollar income producing real estate around the MD, VA & DC Metro area.\r
\r
The main focus of Grady Management is to maintain the quality of real estate and provide environments where people wish to live and work while at the same time enhancing returns on investment. This framework presents a win-win situation for both owners and residents and the long term health of the properties. Our motto "Exceptional People Exceptional Communities" is more than just words for thousands of people living at communities managed by Grady Management.\r
\r
We are an Accredited Management Organization (AMO)- a designation given by IREM, the Institute of Real Estate Management. Grady Management is in company with only three percent of management companies nationwide that hold that designation.

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