Low Income Housing Tax Credit Compliance Specialist
About The Position
The duties of the Low Income Housing Tax Credit (LIHTC) Compliance Specialist include but are not limited to the items listed below: Assist with the review all initial Tenant Income Certification (TICs) prior to move-in (LIHTC and HOME) Pre-audit LIHTC and HOME tenant files Pre-audit LIHTC/HUD tenant files for mixed-blended properties Assist with preparation of site audits Assist with the LIHTC portion of the rent ups Assist with review of Certified Rent Rolls mid-year and at year end Assist with preparation of Annual Owner Certifications Assist with tracking and corrections of any and all 8823s Assist with preparation of HOME Annual Owner Certifications Centralize and maintain LIHTC tenant files for audit ready purposes Perform in-house audits as needed Prepare reports as needed Other duties as assigned Salary $50-60k Full understanding of the LIHTC as well as HUD Handbook 4350.3, Rev-1 Chg. 4 rules and regulations. 2-4 years’ experience in affordable and public housing, specifically maintaining compliance of Low-Income Housing Tax Credit programs preferred. Must be and efficient and motivated hard worker who is prompt and reliable. Must demonstrate that “resident satisfaction comes first” through excellent communication, customer service skills and a willingness to “go the extra mile”. Has achieved a level of computer literacy and has excellent working knowledge of Microsoft Outlook, Word & Excel. At all times, maintains a pleasant and friendly attitude and interpersonal skills that allow employee to deal calmly with the occasional irate resident/client.
Requirements
- Full understanding of the LIHTC as well as HUD Handbook 4350.3, Rev-1 Chg. 4 rules and regulations.
- Must be and efficient and motivated hard worker who is prompt and reliable.
- Must demonstrate that “resident satisfaction comes first” through excellent communication, customer service skills and a willingness to “go the extra mile”.
- Has achieved a level of computer literacy and has excellent working knowledge of Microsoft Outlook, Word & Excel.
- At all times, maintains a pleasant and friendly attitude and interpersonal skills that allow employee to deal calmly with the occasional irate resident/client.
Nice To Haves
- 2-4 years’ experience in affordable and public housing, specifically maintaining compliance of Low-Income Housing Tax Credit programs preferred.
Responsibilities
- Assist with the review all initial Tenant Income Certification (TICs) prior to move-in (LIHTC and HOME)
- Pre-audit LIHTC and HOME tenant files
- Pre-audit LIHTC/HUD tenant files for mixed-blended properties
- Assist with preparation of site audits
- Assist with the LIHTC portion of the rent ups
- Assist with review of Certified Rent Rolls mid-year and at year end
- Assist with preparation of Annual Owner Certifications
- Assist with tracking and corrections of any and all 8823s
- Assist with preparation of HOME Annual Owner Certifications
- Centralize and maintain LIHTC tenant files for audit ready purposes
- Perform in-house audits as needed
- Prepare reports as needed
- Other duties as assigned
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
