Low Income Housing Tax Credit Compliance Specialist

Shinda Management Corporation • Queens Village, NY

2d

About The Position

The Low Income Housing Tax Credit (LIHTC) Compliance Specialist will be responsible for ensuring compliance with LIHTC and HOME regulations. This role involves reviewing tenant income certifications, preparing and conducting audits of tenant files, assisting with rent-ups and annual certifications, tracking and correcting compliance issues, and maintaining organized tenant files for audit readiness. The specialist will also prepare reports and perform other duties as assigned.

Requirements

• 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
• Must be an 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

• Experience in affordable and public housing, specifically maintaining compliance of Low-Income Housing Tax Credit programs is preferred.

Responsibilities

• Assist with the review of all initial Tenant Income Certifications (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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed