Compliance Specialist I (LIHTC)
About The Position
Thrive's Purpose is to be the most trusted partner in property management by delivering outstanding results for clients, inspiring associate engagement, and elevating living experiences for residents. By cultivating award-winning workplaces, we foster an environment of connection, compassion, and fun. We are dedicated to our boutique, at-scale approach to property management and building communities that flourish, which stems from hiring strong associates to grow with Team Thrive! Voted one of Washington and Portland's best workplaces for several consecutive years, Thrive builds on its culture by offering the following benefits: Unlimited Vacation Accrued Sick Leave Flexible, hybrid schedule Employer matched 401k retirement plan 12 Paid Holidays Paid Birthday, Personal Day, and Day of Service Discretionary Bonus Potential $0 premium medical, dental, and vision insurance effective 1st of the month following your start date Fully covered Long-term disability insurance for associates Fully covered basic life insurance for associates with supplemental life insurance options 24/7 Everyday Assistance Program (EAP) Voluntary Critical Illness, Accident, Hospital Indemnity, and Short-term Disability insurance Pet Insurance discounts Parking & Transit Commuter Benefits Annual professional development reimbursement Training opportunities and career progression/growth plans Company-wide parties and events
Requirements
- Proven experience in meeting affordable program requirements, specifically WSHFC programs.
- 1-2 years on site property management experience in leasing and/or certification processing
- Experience in Yardi/CRM preferred.
- Must possess a working knowledge of the Low-Income Housing Tax Credit (LIHTC) and/or HUD subsidized housing programs.
- Able to interpret and understand tenant file information and complex documents like regulatory agreements and program regulations.
- Detail oriented with the ability to provide accurate and timely documents and reports.
- Ability to work in a fast-paced and customer service oriented environment.
- Understanding of industry terms and their meaning.
- Proficient in Microsoft Office applications, including Excel, Word and Outlook.
- Demonstrates strong judgement and critical thinking skills.
- Communicate clearly both verbally and in writing, including the ability to provide technical assistance on reporting complex compliance issues in a simple, straightforward manner to residents.
- Takes instructions and feedback from supervisors and is able to follow direction, learn and grow with a positive attitude.
- Exercises strong problem-solving skills.
- Interacts with co-workers, supervisors, guests and the public in a professional and pleasant manner.
- Strong time management, organizational and prioritization skills.
- Strong attention on resident retention.
- Ability to de-escalate conflict and remain calm and courteous at all times.
- Respects and understands diverse cultural and socio-economic backgrounds.
- Communicates effectively, builds trust, and addresses community challenges with cultural awareness and equity.
- Specific and thorough in communication with residents, vendors, subordinates, support departments, ownership and leadership.
- Proactive problem solving and resourcefulness.
Responsibilities
- Process and submit for review to our compliance auditor all tax credit certifications and recertification files assigned within the property for approval.
- Complete final move in and audit Yardi for accuracy (HEC, lease and utility charges, subsidy portions).
- Manage the electronic storage of tax credit/lease agreement files in Yardi and Thrive software.
- Obtain copies of first year files, review for completeness and arrange for proper electronic storage.
- Oversee and manage as needed extended vacancies report.
- Audit WBARS for accuracy and work with Compliance Manager for accuracy.
- Updating property and resident tax credit certification information into Yardi software including units, utility allowances, income and rent limits.
- Report potential non-compliance issues to Compliance Manager, Community Manager and Regional Manager.
- Assist as needed with the completion of the Tenant Selection Plan (TSP), Affirmative Fair Housing Marketing Plan (AFHMP) and Language Assistance (LAP) for the property as well as any other documents as required.
Benefits
- Unlimited Vacation
- Accrued Sick Leave
- Flexible, hybrid schedule
- Employer matched 401k retirement plan
- 12 Paid Holidays
- Paid Birthday, Personal Day, and Day of Service
- Discretionary Bonus Potential
- $0 premium medical, dental, and vision insurance effective 1st of the month following your start date
- Fully covered Long-term disability insurance for associates
- Fully covered basic life insurance for associates with supplemental life insurance options
- 24/7 Everyday Assistance Program (EAP)
- Voluntary Critical Illness, Accident, Hospital Indemnity, and Short-term Disability insurance
- Pet Insurance discounts
- Parking & Transit Commuter Benefits
- Annual professional development reimbursement
- Training opportunities and career progression/growth plans
- Company-wide parties and events
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
