Compliance Manager - Affordable Property Management

MMS Group • Lanham, MD

14h

About The Position

We are looking for a Lease-Up Compliance Manager for our corporate office. The Lease-Up Compliance Manager is responsible for ensuring compliance with federal, state, and local affordable housing regulations during the lease-up phase of new properties. This position plays a critical role in overseeing resident eligibility, coordinating with site teams, and ensuring timely and accurate file approvals. The Lease-Up Compliance Manager serves as a key resource for property management teams, investors, and regulatory agencies.

Requirements

• Minimum 3-5 years of experience in affordable housing compliance, with a strong focus on lease-ups
• Must have the ability to travel
• Minimum 2 years of college experience preferred
• 3 years of compliance/audit experience
• HCCP, CPO, TCS or equivalent housing certifications, preferred
• Strong knowledge of LIHTC, HUD, and other affordable housing programs.
• Experience in reviewing and approving resident eligibility files in accordance with compliance guidelines.
• Proficiency in property management software and compliance tracking systems.
• Excellent organizational, communication, and problem-solving skills.
• Ability to manage multiple projects and meet critical deadlines.
• OneSite property management software experience preferred
• Business acumen, cross-functional competence, interpersonal savvy, and strong analytical capabilities
• Excellent oral and written English skills and strong presentation and command skills

Responsibilities

• Lead the compliance efforts for new lease-ups, ensuring adherence to affordable housing program requirements, including LIHTC, HUD, HOME, and other funding sources.
• Review, approve, and monitor resident applications, income verifications, and other eligibility documentation to ensure compliance with regulatory requirements.
• Provide training and support to site teams on lease-up procedures, compliance regulations, and best practices.
• Collaborate with property managers, regional teams, and external auditors to ensure accurate and timely lease-up execution.
• Develop and maintain compliance tracking systems to monitor lease-up progress and ensure timely submission of reports.
• Conduct internal audits of lease-up files to ensure accuracy and compliance with program guidelines.
• Serve as the primary liaison with housing agencies, syndicators, and investors regarding compliance matters during the lease-up process.
• Assist in preparing responses to compliance audits and regulatory agency requests.
• Stay informed on changes in affordable housing regulations and update policies and procedures as needed.
• Help prepare for internal and external audits by organizing tenant files, ensuring all documentation is up-to-date, and addressing any discrepancies found during preliminary reviews
• Provide excellent customer service to prospective and current clients, tenants, and representatives of tenants, addressing their inquiries and guiding them through the lease-up process
• Work closely with the LIHTC Compliance Lead to ensure all leasing activities adhere to IRS Section 42, HUD guidelines and state-specific housing requirements.
• Help in achieving full occupancy and meet lease up deadlines within all regulatory timelines
• The lease-up compliance manager may work on multiple projects at one time as directed by the lease-up acquisition Lead
• Any other related duties as assigned

Benefits

• Paid Holidays: 12 paid holidays per year.
• Paid Time-Off: Up to 2 weeks PTO in the first year, increasing with tenure.
• Healthcare Plans: Comprehensive Medical, Dental, and Vision plans are available after 60 days of employment.
• Health Reimbursement Account: Up to $3K per calendar year.
• Life Insurance: Company-paid life insurance.
• Retirement Savings: Company-matched 401(k) retirement savings plan.
• Certifications and Licensing: Company-paid certifications and licensing.
• And much more!

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed
• Number of Employees: 501-1,000 employees