• Compliance Specialist, Affordable Housing

    Job Locations US-NY-New York
    Job ID
    3811
    Function
    Legal
    Location Name
    French Apartments
  • Overview

    The Compliance Analyst is responsible, under the direction of the Compliance Manager and/or Director of Compliance to provide key compliance related services for the Related Rentals portfolio, in accordance with regulatory program and agency requirements, all company policy and procedures, and all applicable Fair Housing Laws.

    Responsibilities

    • Ensure compliance with program regulatory requirements (e.g. LIHTC, Section 8, Inclusionary Housing, HOME, Tax Credit Bonds, and other programs) , Fair Housing Standards
    • Fully process and complete initial certifications, annual recertifications, leases and lease renewals within assigned portfolio – e.g. move-in's, move-out's, transfers. Some sites may require interim recertifications, gross rent change, 50059’s etc.
    • Complete and submit required compliance reports within assigned portfolio
    • Participate in all tax credit reviews by outside entities/agencies for properties within assigned portfolio
    • Maintain productive resident relations, including processing of additional occupants, transfer processing, sublet processing, etc.
    • Develop a full understanding of program related documentation such as Regulatory Agreements, Tenant Selection Plans, Affordable Fair Housing Marketing Plans and practices and update plans accordingly
    • May have participation in marketing and leasing functions related to all affordable housing programs and applications, including remarketing assessments, interviewing applicants, and processing appeals
    • Process tenant rental payments, Housing Assistance Payments (HAP), post HAP Payments and manage Tenant Rental Assistance Certification System (TRACS). Some sites required processing and reviewing EIV reports/corrections, repayment agreements, and process special claims
    • Review Reasonable Accommodations and manage Reasonable Accommodation log to ensure compliance
    • Perform additional duties as assigned

    Qualifications

    • A minimum of one to two years of experience in LIHTC and/or Section 8 multi-family property management.
    • Accredited housing certification preferred: Low lncome Housing Tax Credit and/or Certified Occupancy Specialist.
    • Experience with Yardi, One-Site/Real Page (or other housing software).
    • Knowledge of NYC rent stabilization.
    • Detail oriented and organized. Strong communication and analytical skills. Creativity and initiative to work both independently as well as within a team while able to perform in a busy, changing, multi-tasking work environment.
    • Excellent knowledge of Microsoft Word Office Suite
    • Bi-lingual a plus but not mandatory.
    • NYS Notary License
    • Travel required up to 10%

    Related is an Equal Opportunity Employer

     

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