Compliance Specialist I

Northwest Real Estate Capital CorporationBoise, ID
9dHybrid

About The Position

SUMMARY / OBJECTIVE The Compliance Specialist I is responsible for the overall HUD Section 8, LIHTC Section 42, and Rural Development compliance of each project. This position is responsible for resident files, HAP submissions, resident certifications, resident files, and enforcement of agency regulations. We are looking for an individual who possess excellent analytical, verbal and written communication skills; is comfortable completing multiple tasks under fixed time constraints and deadlines; has the ability to self-motivate and work with minimal direction to complete complex tasks; is exceptional at time management, organizational and prioritization skills; has strong decision making and problem solving skills, able to work independently or in a team environment, and is proficient in Microsoft Office. This is a full time position that reports directly to the Director of Compliance. Requirements ESSENTIAL FUNCTIONS Maintain resident files to comply with appropriate affordable housing regulations. Audit eligibility paperwork provided by Property Manager and ensure paperwork is compliant. Works with Property Managers and Regional Portfolio Managers in on-going trainings. Required to respond to agency correspondence in a timely and professional manner. Ensure enforcement of the agency regulations. Communicate with the Director of Compliance and Regional Portfolio Manager regarding property issues. Monitor EIV issues through completion. Process move-out paperwork. Prepare and submit HAP vouchers for subsidy payments as well as make any corrections to the HAP submissions as necessary. Prepare lease packets for new properties. Audit files and re-organize for new properties. Assist with data entry for new properties. Create necessary ledger adjustments.

Requirements

  • Ability to self-direct and manage multiple projects, objectives, and deadlines.
  • Strong communication skills with the ability to interact professionally with diverse stakeholders.
  • Knowledge of affordable housing program regulations, compliance protocols, and best practices.
  • Collaborative, team-oriented approach with ability to work independently.
  • Proficient in software tools including Excel, Word, Outlook and other Office 365 products, Yardi or similar affordable property management software.
  • Flexibility in responding to sudden changes in lease-up activities and priorities.
  • Education: High school degree or equivalent required. AA or BS Degree in related field a plus.
  • Experience: 2+ years of experience of verifiable training and hands-on experience in LIHTC and HUD programs; strong understanding of compliance practices and mixed-funding programs such as HOME or Section 8.

Nice To Haves

  • AA or BS Degree in related field a plus.

Responsibilities

  • Maintain resident files to comply with appropriate affordable housing regulations.
  • Audit eligibility paperwork provided by Property Manager and ensure paperwork is compliant.
  • Works with Property Managers and Regional Portfolio Managers in on-going trainings.
  • Required to respond to agency correspondence in a timely and professional manner.
  • Ensure enforcement of the agency regulations.
  • Communicate with the Director of Compliance and Regional Portfolio Manager regarding property issues.
  • Monitor EIV issues through completion.
  • Process move-out paperwork.
  • Prepare and submit HAP vouchers for subsidy payments as well as make any corrections to the HAP submissions as necessary.
  • Prepare lease packets for new properties.
  • Audit files and re-organize for new properties.
  • Assist with data entry for new properties.
  • Create necessary ledger adjustments.
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