LIHTC Compliance Specialist 1 (Hybrid)

CC Apartment Managers•New York, NY

5d•Hybrid

About The Position

This position is responsible for ensuring compliance with all regulatory requirements for a mix of properties, including those with full recertifications and recertification waivers. The role involves managing LIHTC and HOME recertifications, preparing and sending notices to residents, tracking recertifications, and entering data into Yardi. The specialist will also prepare for and assist with tenant file reviews and audits from investors, syndicators, and monitoring agencies, and complete various reports. Additionally, the role may involve meeting with residents and performing other assigned duties.

Requirements

High School Diploma or Equivalent is required.
2+ years’ experience in affordable housing needed.
Proficiency in computer applications including Microsoft Office MS Excel, required.
Proficiency in Yardi Affordable is required.
Strong organizational skills with high attention to detail.
Must have excellent communication skills.
Sedentary work.
May require exertion of up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body.
Involves sitting most of the time.
Requires close visual acuity to perform activities such as: viewing a computer; extensive reading and visual inspection involving small defects.
Requires visual acuity to determine the accuracy, neatness, and thoroughness of the work assigned or to make general observations of facilities or structures.
Frequently requires incumbent to talk and hear, expressing or exchanging ideas by means of spoken work and the ability to receive detailed information through oral communication, and to make distinctions in sound.
Occasionally requires incumbent to climb, balance, stoop, kneel, crouch, crawling, reach, stand for long periods of time, walk, push, pull, feel and touch objects with fingers, palm, and hands and to lift up to 10 pounds.

Nice To Haves

Bilingual is a plus (Spanish)

Responsibilities

Complete full annual LIHTC recertifications for properties within their portfolio.
Complete full annual HOME recertifications for properties with HOME and LIHTC recert waivers within their portfolio.
Prepare and send reminder notices to residents at 120, 90, 60, and 30 days.
Commence holdover for Failure to Recertify by 2nd day of effective month.
Ensure each completed annual recertification has TIC and all forms are completed in its entirety before filed away in folder.
Enter all recertifications into Yardi and date completed once complete.
Prepare for tenant file reviews with investors, syndicators, and monitoring agencies.
Assist in response to investor, syndicator, and monitoring agency audits.
Complete monthly, quarterly, and/or annual reporting.
Track audits, reporting, and recertifications, etc.
Meet with residents as needed.
Perform additional duties as assigned/needed.