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Job Requirements of Affordable Housing Compliance Specialist:
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Employment Type:
Full-Time
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Location:
Gaithersburg, MD (Onsite)
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Affordable Housing Compliance Specialist
Affordable Housing Compliance Specialist
Compliance Specialist
A multifamily housing compliance specialist ensures that affordable housing properties adhere to federal, state and local regulations.This involves monitoring tenant eligibility, verifying income documentation, and conducting audits to maintain compliance with programs like regulations of LIHTC, HUD, Section 8, and County Affordable Programs. They work with property managers, government agencies, and tenants to ensure adherence to guidelines, prepare reports, and interpret regulations.
Job Requirements:
- Manage site-level compliance by reviewing new applicant certifications and completing re-certification paperwork as required
- Review household certifications for all Affordable properties to ensure they're compliant
- Training personnel on preparing income certifications and re-certifications for both Project Base Section 8 and Federally Assisted properties
- Review and approval of all move-in certifications, as well as quarterly review of annual re-certifications for project base Section 8 properties
- Monitor and report past due recertifications
- Address compliance training and support needs for site staff
- Assist in generating all year-end building status reports for tax credit properties and ensure all electronic reporting is completed each year
- Assist in monitoring correct usage of income and rent limits as well as utility allowances
Skills Required:
- Minimum 3 years-experience in compliance of affordable Section 8 and LIHTC multifamily housing properties
- HCCP, SHCM, C3P, COS, CPO, BOS or equivalent required
- Strong written and verbal communication skills
- Proficient in Microsoft Word, Excel and Outlook
- Strong knowledge of Section 8 regulations
- Strong knowledge of the IRS 8823 Guide as well as the HUD Manual 4350.3
- Formal training and/or certification in related field required (COS or CPO)
- Ability to work in a fast-paced environment
- Ability to take charge and ownership of projects; self-starter and independent worker
- Experience working in One-Site software program preferred
Edgewood prides itself on offering a competitive salary and extensive, market-competitive health and welfare BENEFITS including:
- Medical, Dental & Vision
- Prescription Drug Program
- Paid Vacation & Holiday
- Paid Personal/ Sick Leave
- Company Paid Life Insurance
- Company Paid AD& D Insurance
- Company Paid Short- Term
- Company Paid Long-term Disability
- Supplemental Life Insurance
- Dependent Supplemental Life Insurance
- Educational Assistance
- Financial Planning
- Retirement Savings Plan with company matching
- Company outings and events
Pratum Companies is a growing company that is looking for talented professionals who want to be part of a strong team focused on providing superior management services to our residents and owners. If you share our desire to be the best for our residents and communities, then you belong with Edgewood.
Pratum Companies is committed to a diverse workforce and is an Equal Opportunity Employer.