Compliance Monitor

Envolve LLC•Houston, TX

13d•Remote

About The Position

Envolve Community Management, LLC is seeking a Compliance Monitor to support compliance operations for its professionally managed apartment communities. This is a remote position. The role reviews rental and LIHTC/HUD qualification files, supports property audits and staff training, maintains compliance records and reports, and follows up with site personnel on outstanding documentation and corrections. Some travel for audits may be required.

Requirements

LIHTC experience.
HUD experience.

Responsibilities

Review rental and initial LIHTC/HUD qualifying applications within 24 hours of receipt and document application status and Spice number in YARDI.
Conduct on-site property file audits, set up new property files, and provide personnel training and continuing education classes in various states and online as needed.
Prepare compliance audit reports and submit them to the supervisor within 30 days of completing an on-site audit.
Communicate with Community Managers about compliance questions and concerns.
Provide telephone training for on-site personnel as needed.
Obtain Tenant Income Certifications for monthly, quarterly, and annual Tax Credit Reporting.
Provide signed TICs and Race & Ethnicity forms to the reporting department weekly.
Follow up with sites every 10 days on outstanding TICs/50059s and every 30 days on open tickets.
Update recertification listings as annuals are received, including moving incomplete current recertifications to the late listing after the 10th of the month and updating the listing with next-month annuals on the 11th day of the month; observe the Thursday 2 p.m. CST cutoff for marking annuals.
Pull the YARDI scheduled AR report for posting to RCL.
Maintain and provide a monthly fraud log and Work Number usage report.
Review annuals, interims, unit transfers, move-ins/outs, gross rent, terminations, and related 50059 and Tenant Income Certifications paperwork within 3–5 business days.
Document files on the Compliance Monthly Activity Report and submit monthly reports to the Portfolio Manager and property personnel for follow-up on corrections.
Create move-in paperwork files for LIHTC properties and maintain first-year resident files until Tax Credit Qualifying is complete.
Arrange first-year resident files in file order, label and scan them, and send them to the Reporting Director for entry onto a CD.
Process corrections required for PNC or other vendors.
Assist with tax credit qualifying for residents during on-site visits to newly acquired properties.
Review income limits and maintain the related binder in current and accurate condition.
Pull and assist with EIV reports as needed.
Properly label Spice tickets upon receipt and throughout the review phase.
Ensure effective dates, next AR dates, rent, PHA, and other information are correct in YARDI.
Complete required training through the online system.