Related Affordable · 2 days ago
Regulatory Compliance Specialist
California, United States
Full-time
Hybrid
Mid, Senior Level
$75K/yr - $95K/yr
5+ years expRelated Affordable is dedicated to enhancing the nation's affordable housing supply and is seeking an Affordable Housing Regulatory Compliance Specialist. This role involves ensuring compliance with affordable housing program guidelines, regulatory agreements, and company policies, while functioning both independently and collaboratively with team members across the country.
Real Estate
Responsibilities
Monitor and implement changes in HUD and LITHC regulations and other state and local requirements
Maintaining proper maintenance of tenant files and computer records to ensure accuracy according to HUD and LIHTC regulations
Independently review and approve move-in and transfer files to ensure applicants meet income and program eligibility criteria
Review initial qualifying files for accuracy and program compliance and submit to third-party reviewers; Track qualification status and works with the Director of Compliance to provide clear and accurate reporting on lease-ups, move-ins, etc
Review completed recertification to ensure program compliance
Perform both onsite and remote audits to confirm compliance with program requirement through follow-up and closure
Monitor waitlists, LAP plans and EIV master binders for compliance with federal and state regulations
Review and submit responses for LIHTC file audits and MORs; coordinate with affordable programming and site teams to get corrections
Submit and assist in the drafting and review of timely responses to agency audits; coordinate with Affordable Programming as needed
Hold weekly office hours to assist the operations teams with questions, file corrections and audit corrections
Remain familiar with current U.S. Department of Housing and Urban Development ever changing Federal Regulations as they relate to Affordable Housing programs
Audit proper maintenance of tenant files and computer records to ensure accuracy according to HUD and LIHTC regulations
Assist analysts with annual reporting as needed
Other duties as assigned
Qualification
Required
5+ years of relevant experience with Project Based Section 8 HUD, LIHTC and other affordable housing programs is required
Knowledge of HUD 4350.3, EIV, Reasonable Accommodation Requests, LIHTC income limits and rent calculations, Fair Housing, Real Estate Licensing
A deep sense of community awareness and a determination to make improvements
Proven ability to build trust with members of a community with different backgrounds, motivations, and concerns in order to obtain information and solve problems
COS certification minimum required
Ability to travel at least once per month, as well as, on an as needed basis (may include up to 30% travel)
Preferred
HCCP preferred
Benefits
Lots of paid time off (19+ days!) – we value your life outside of work
Customizable total rewards package – pick from our medical, vision and dental options, along with our life insurance and an Employee Assistance Program
Financial wellness perks to set you up for success - such as 401(k), FSA & HSA, employer-paid life and AD&D insurance; paid leave & disability programs
Mental health resources, such as counseling, are available to our team members
Fertility benefits – such as surrogacy, adoption assistance and more!
Paid time off to volunteer and we will match your charitable donations! We are a passionate team making real impact on the world!
Grow with us – learning & training programs; tuition & certification reimbursement; internal advancement opportunities are available …and so much more!
Company
Related Affordable
Related Affordable is the division of Related Companies that develops, acquires and preserves affordable housing throughout the nation.
1001-5000 employees
Funding
Current Stage
Late StageCompany data provided by crunchbase