Floating Compliance Specialist- Sacramento

Peak Living•Sacramento, CA

About The Position

Peak Living is currently seeking a qualified Compliance Specialist to join our growing team! At Peak Living, our employees love where they work. We are a full-service real estate management company with communities across the United States. Peak Living is uniquely positioned for growth as it continues rapid expansion through acquisitions. We believe successful growth is best achieved by developing high quality teams and empowering them in their roles to boost property performance. Under the direct supervision of the Director of Compliance, the Compliance Specialist will perform all duties as outlined below for such programs as Project Based Section 8, Rural Development, Low Income Housing Tax Credit, HUD (Project Based Section 8), and other programs or projects owned or managed.

Requirements

Strong analytical and strategic thinking skills.
Excellent verbal and written communication skills to interface professionally and sensitively, problem solving, decision-making, interpersonal and time management skills.
Ability to handle shifting and multiple priorities in a fast paced, growth environment.
Ability to work under pressure and successfully meet deadlines.
Knowledge of affordable housing regulations, including but not limited to HUD (Project Based Section 8), Low Income Housing Tax Credits, Tax-Exempt/ Bonds, Public Housing Authorities,
Thorough knowledge of regulatory agreements and ability to interpret those agreements.
Ability to communicate company policies and procedures.
Minimum five years or more of recent experience in affordable housing with a portfolio in multiple states with an emphasis on HUD (Project Based Section 8) and LIHTC program compliance experience.
Experience working with IRS, Housing Finance Agencies, HUD (Project Based Section 8) and other funding agencies.
Knowledge of applicable local and federal housing laws including Fair Housing and Landlord and Tenant laws required.
Proficient with Microsoft Office Suite
Experience with Yardi
Knowledge and experience with HUD (Project Based Section 8) and Tax Credit/Bond Compliance regulations.
Minimum five years of experience working in an affordable housing development and/ or management company.
MUST HAVE KNOWLEDGE with Tenant Income Certifications & 50059's.
Knowledge and experience with many of the following: HUD EIV, Section 8 Housing Vouchers, HAP Contracts
LIHTC (Required)
HUD (Project Based Section 8)

Nice To Haves

Property management (Preferred)
Designations such as: Certified Occupancy Specialist (COS), Certified Professional of Occupancy (CPO), Specialist in Housing Credit Management (SHCM)

Responsibilities

Keeps current on all updates and changes in affordable housing programs and requirements.
Assures that Property Operations personnel receive clear and concise written interpretations of changes.
Responds to compliance-related questions from Regional Managers, Area Managers, Site staff and any other company officers.
Performs necessary on-site file property audits/setting up new property files/training personnel/continuing education classes in various states, as needed. Travel may be required for this position.
Prepare a compliance audit report and submit to Director of Compliance within 15-30-days of completing on-site audit. A written report will be necessary immediately upon returning to the office if the purpose of the audit was to prepare the property for a state or federal scheduled audit.
Assist in the Conducting of Acquisition File Reviews when requested.
Work with Director of Compliance to develop action plans for non-compliant properties and assist in working with Regional Manager to implement
Provide orientation and training to property managers. This may include initial orientation of new staff as well as reorientation of existing staff.
Obtains and updates maximum income and rent limits on an annual basis.
Ensures correct/updated Utility Allowances are being used.
Ensures all Weekly, Monthly, Quarterly, and Annual Reports are completed on time.
Assist with completion of MOR/LIHTC/REAC/State Agency reviews.
Assist with HUD annual rent increases, contract renewals, utility analyses, AFHMP and RCS are processed in a timely manner.
Assist with Layered Properties, review all HAPs, OCAFs, LIHTC Applications, LURA, Regulatory Agreements, and/or Funding agreement to determine the owner's obligations to remain in compliance with all programs.
HUD SAVE Coordinator/User (Systematic Alien Verification for Entitlements) provides training Onsite. Assigns access as necessary to ensure applicants are eligible non-citizens and entitled to subsidy.
Populate YARDI Affordable Reports as needed.
Perform all other duties as assigned by Director.