Elderly Housing Development & Operations Corporation (EHDOC) · 11 hours ago
Budget Specialist
Plantation, FL
Full-time
Onsite
Mid Level
3+ years expEHDOC is focused on providing affordable housing solutions, and they are seeking a Budget Specialist to support financial and operational planning for their portfolio of communities. This role involves collaboration with various teams to ensure accurate financial projections and compliance with regulatory requirements.
Elder CareNon ProfitProperty DevelopmentResidential
Responsibilities
Lead preparation and submission of annual HUD and LIHTC budgets
Collaborate with the property accounting team, Regional and Community Managers, and Human Resources to ensure budget accuracy, responsible for timely submission of budgets to HUD Account Executives and investment partners
Partner with Development and Accounting teams on a quarterly basis to evaluate LIHTC property performance
Collaborate with property accountants and Community Managers to review monthly budget‑to‑actual variance reports
Prepare reporting packages for owners, investors, and lenders, including narratives, key performance indicators (KPIs), reserve analyses, covenant compliance, and explanations aligned with LIHTC and HUD requirements
Ensure budgets accurately reflect required reserve deposits, including replacement reserves, operating reserves, and limited partnership requirements
Incorporate LIHTC program requirements into financial planning, including unit mix, applicable fraction, first‑year leasing rules, and credit delivery timing
Support management and compliance teams in preparation for HUD Management and Occupancy Reviews (MORs) and owner, investor, and syndicator reporting
Serve as the financial liaison between accounting, property management, and compliance teams on lease‑up pacing, occupancy strategies, and mitigation of Housing Assistance Payment (HAP)‑related revenue delays
Provide training to site teams on how compliance accuracy impacts budgets, revenue, and financial reporting
Qualification
Required
Bachelor's degree in finance, accounting, business, economics, or a related field; equivalent experience may be considered
Minimum of three (3) years of experience in affordable housing management, accounting, or asset management
Demonstrated experience with HUD, Section 8 (PBRA/PBV), and LIHTC programs
Strong Excel proficiency, including lookups, PivotTables, and financial modeling
Preferred
LIHTC lease‑up, first‑year credit delivery, and compliance‑driven budgeting
TRACS and EIV processes
Two to three (2–3) years using RealPage OneSite
Benefits
Free Medical
Dental Vision
Pension
401K
Company
Elderly Housing Development & Operations Corporation (EHDOC)
Elderly Housing Development & Operations Corporation (EHDOC) develops and manages safe, secure, and affordable housing for senior citizens across the United States.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Melanie Ribeiro-Ayeh
President and CEO
Irene Phillips
Chief Financial Officer
Company data provided by crunchbase