Affordable Programs Manager (Austin local)

CAPSTONE REAL ESTATE SERVICES, INC.•West Lake Hills, TX

12d

About The Position

Capstone Real Estate Services, Inc. has a fantastic and unique opportunity within our corporate office team working in our Compliance Department at Austin, TX. Inherent to the duties of this position is competency in programs defining the compliance function within the context of all affordable programs including, but not limited to, the Housing Tax Credit (HTC), Tax Exempt Bond (Bond), HOME Investment Partnership (HOME), Housing Trust Fund (HTF), Community Development Block Grant (CDBG), Affordable Housing Disposition (AHDP), Project Based Section 8 (PRS8), and Public Housing (PH) programs. The Affordable Programs Manager will coordinate the company’s internal audit and HUD audit procedures for assigned programs and projects, and provide in-house expertise and guidance for assuring assigned aspects of affordable housing compliance are met. Coordination of information and recommendations to internal and external contacts will be provided in a timely manner. The Affordable Programs Manager has assigned oversight responsibilities for the implementation and monitoring of assigned aspects of affordable housing programs, to include, but not limited to, HTC, BOND, HTF, HOME, CDBG, AHDP, PBS8, 811 and PH programs. The Affordable Programs Manager will organize and oversee the proper preparation and response actions to all required HUD state, syndicator, lender and owner file reviews and responses. The Affordable Programs Manager will also assist in the preparation of Rental Information Schedules, preparation and submission of Annual Owner Compliance Reports, and will conduct eligibility file reviews as assigned by the Director.

Requirements

College degree or combination of advanced education and experience
Minimum 3 years experience working in HUD / LIHTC environment
Demonstrated expertise in general bookkeeping/accounting procedures
Advanced communication skills, especially technical writing
Experience with Microsoft Office Suite (Word, Excel, Access, PowerPoint, etc.)
Detailed knowledge of IRS Section 42 and Section 8 HUD regulations
Detail-oriented
Self-motivated, requiring little supervision
Conscientious
Punctual
Demonstrates high standards of integrity and ethics

Nice To Haves

Multifamily or commercial real estate designations

Responsibilities

Oversee all onsite and remote agency, syndicator, and lender file audits and responses for HUD programs.
Track all MOR and REAC audits for managed and Compliance Services properties.
Prepare properties with HUD funding for upcoming on-site and remote file audits.
Responsible for corrective action for both MOR and REAC audits.