Affordable Housing Compliance Specialist

Cambridge Real Estate Services•Portland, OR

6d•$34 - $36•Onsite

About The Position

The Affordable Housing Compliance Specialist works with the compliance department to evaluate and monitor properties for compliance with applicable affordable housing programs. This is an in-office position scheduled for 40 hours per week, Monday through Friday. The role focuses on ensuring tenant files meet tax credit and HUD requirements, coordinating audits and recertifications, communicating with government agencies, and supporting property managers and internal teams with compliance guidance and corrective action plans.

Requirements

Bachelor of Science degree in business, finance, real estate, or a related field, or equivalent work experience; listed as preferred.
Five or more years of experience in property management, asset management, or a housing regulatory agency, with an emphasis on compliance oversight.
Experience in RD, HUD, and LIHTC.
Experience processing monthly transmission of HUD HAP Vouchers to HUD’s Tenant Rental Assistance Certification System (TRACS) and to RD Management Interactive Network Connection (MINC).
Experience using Enterprise Income Verification (EIV) reports.
Experience preparing documentation for audit reviews and preparing responses to address compliance findings.
Experience understanding and applying information concerning property regulatory agreements.
Applicants offered positions must complete pre-employment screening, including criminal history and drug screening.

Nice To Haves

Working knowledge of Yardi.
Certification in one or more of the following: COS, C3P, HCCP, NCP, CSC, CLS, and/or any LIHTC certification.
Bachelor of Science degree in business, finance, real estate, or a related field; equivalent work experience is also accepted.

Responsibilities

Ensure tax credit project tenant files are 100% compliant.
Ensure HUD project tenant files are 100% compliant.
Work regularly with government agencies and generate and provide monthly reports to multiple agencies.
Coordinate and conduct file audits by testing periodic tenant recertifications for compliance with HUD, tax credit, and RD requirements.
Provide compliance orientation and training to Property Managers and develop action plans for needed corrections.
Stay current on changes in regional affordable housing regulations and help distribute this information to asset management and property operations staff.

Benefits

Competitive wages.
Incentive bonuses.
Medical insurance, with an annual HSA contribution of $4,400 to employees’ accounts.
Dental insurance.
Vision insurance.
Life insurance.
Short-term and long-term disability insurance.
Paid time off.
Paid holidays.
Company events.
401(k) plan with a 100% match up to a 10% contribution.