Pennsylvania Housing Finance Agency · 2 months ago
Tax Credit Officer I
Harrisburg, PA
Full-time
Onsite
Entry Level
2+ years expThe Pennsylvania Housing Finance Agency is committed to providing affordable housing solutions and ensuring compliance with housing programs. The Tax Credit Officer I role involves monitoring program compliance for projects awarded Low-Income Housing Tax Credits and assisting in annual document submissions to maintain compliance throughout the project lifecycle.
Financial Services
Responsibilities
Process unit set-up information from the Project History Form
Review and analyze annual reports of all Tax Credit projects to determine compliance with the Low-Income Housing Tax Credit Program and Pennsylvania Housing Finance Agency rules and regulations
Run activity logs and verify data input
Review and analyze Tenant Income Certifications and supporting documentation for compliance with income and rent limits of the Low-Income Housing Tax Credit Program
Review Tenant Data Reports and Compliance Monitoring Reports to identify any compliance issues for the projects
Communicate noncompliance issues with tax credit property owners and with the IRS
Review, assist, and respond to requests and correspondence from owners, management agents, and Agency personnel regarding the Low-Income Housing Tax Credit Program
Prepare IRS Form 8823 for processing
Maintain the Agency’s Low Income Housing Tax Credit Program compliance files
Update the AS400 and Automated Web Entry System
Inform the Manager of Tax Credit Compliance of any major compliance issues
Complete special projects as assigned by the Manager of Tax Credit Compliance
Answer written and/or verbal communications regarding the Low-Income Housing Tax Credit Program
Maintain up-to-date knowledge of the IRS Section 42 Low Income Housing Tax Credit Program: including Code, Revenue Procedures, Notices, Rules, and Regulations
Attend conferences, workshops, and meetings on behalf of the Agency
Qualification
Required
B. S. Degree from accredited academic institution; or three years work experience as an Assistant Tax Credit Officer or in Low Income Housing Tax Credits
Ability to communicate effectively, both verbally and in writing
Computer literate in Microsoft Office applications
Must be detail oriented and have strong analytical skills
Ability to travel periodically, including overnight and out of state
Bachelor of Science, Relevant professional experience (2-5 years)
Relevant professional experience (2-5 years)
Preferred
Experience with AS400 is desirable
Company
Pennsylvania Housing Finance Agency
PHFA is the Commonwealth of PA's leading provider of capital for affordable homes and apartments.
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase