Pratum Companies · 21 hours ago
Compliance Director (Affordable Housing/Multi-Family Property Management)
Gaithersburg, MD
Full-time
Onsite
Lead/Staff, Director/Executive
$80K/yr - $100K/yr
5+ years expPratum Companies is a leader in affordable housing and property management, seeking a Compliance Director to provide leadership and support to their compliance team. The role involves managing compliance with housing programs, overseeing compliance specialists, and ensuring adherence to regulatory requirements.
Business DevelopmentInnovation ManagementProperty ManagementService Industry
Responsibilities
Lead, manage, and direct the activities of the compliance managers within their team
Ensure and certify all initial qualifying household files from initial move-in/qualification through 1st year recertification for all new/re-syndication LIHTC properties and units are fully vetted and in compliance with all LIHTC income requirements. This includes review and certification by in-house compliance resources as well as 3rd-Party LIHTC audit resources
Ensures all tenant’s files, its records, and waiting list are maintained in accordance to the governing agency’s standards
Liaisons and builds proactive, positive relationships with investors, state housing finance agencies, Department of Housing and Urban Development (HUD), Public Housing Agencies (PHAs)and other regulatory agencies
Provide an audit, review, and pre-occupancy/finalization approval process for move-initial household income certifications across all applicable affordability programs for any given property/unit (ie. LIHTC, Sec. 8, Sec. 236, Home, Bond, etc.)
Audits Resident Files for compliance with Low Income Housing Tax Credit (LIHTC or Section 42), HUD Section 8 projects as well as state and local requirements where applicable
Support our property managers and regional managers when they have questions regarding compliance programs or procedures
Provide regular updates to the VP of Compliance on the activities of their compliance team
Pursues and maintain current, comprehensive knowledge of all affordable housing compliance programs present in Pratum Companies’ current or potential portfolio, ensuring awareness of and procedural guidelines for administering and maintaining compliance with those programs
Ensure all compliance-related internal and external required reporting, including annual state agency LIHTC compliance reporting, is completed and submitted accurately and timely
Oversees completion of files to ensure they are compliant with applicable Affordable Programs including Move-Ins, Annual Recertification, Interim Recertification, Gross Rent Changes, Terminations, and Initial Certifications
Monitors waitlists and EIV master binders for compliance with federal regulations and requirements
Assists Senior Vice President of Compliance in preparing and submitting HUD documents, such as Affirmative Fair Housing Marketing Plans, Tenant Selection Plans, lease packages, etc
Provides superior customer service to residents and prospective tenants by promptly responding to all incoming calls, messages, and emails in a professional, respectful manner
Performs other duties assigned
Qualification
Required
Ability to complete all essential duties in a fast-paced, high volume team environment and meet strict deadlines
Effective communication skills
Ability to interface effectively and professionally with executives, owners, asset managers, agency representatives and department staff
Performance management experience (including training, coaching, mentoring)
Management experience building and managing a highly engaged team
Ability to work effectively independently and as part of a team of professionals
Experience reviewing, interpreting, and applying government regulations
Demonstrate knowledge with affordable software, preferably Yardi (Voyager and Rent Café)
Formal training and/or certification in related field necessary (HCCP, SHCM, C3P, COS, CPO, BOS or equivalent)
Ability to read and write English fluently
Ability to accurately perform mathematical functions
Ability to understand and perform all software functions
A minimum of five (5) years of experience in compliance monitoring of HUD-assisted & LIHTC multifamily housing properties
Prior successful supervision and/or management experience
Preferred
A college degree
Benefits
2 weeks paid vacation
1 week sick leave
11 paid holidays
Health & welfare benefits as outlined on the Company’s website
Company
Pratum Companies
At Pratum Companies, we believe in the power of innovation and insight, blending them seamlessly with action and purpose.
501-1000 employees
Funding
Current Stage
Late StageRecent News
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