Low Income Housing Tax Credit (LIHTC) Compliance Specialist

HallKeen Assisted Living Communities•Capitol Heights, MD

13h

About The Position

The Compliance Specialist ensures compliance with Low-Income Housing Tax Credit (LIHTC) regulations and other affordable housing program requirements for a community. The role works closely with community management teams, residents, owners, and regulatory agencies to support adherence to federal, state, and local housing regulations, Fair Housing requirements, and program eligibility standards. The position maintains accurate resident files, oversees certification and recertification processes, monitors regulatory compliance, and assists with financial and billing-related functions. It requires exceptional attention to detail, strong organizational skills, and the ability to manage evolving compliance requirements within affordable housing and healthcare-related programs.

Requirements

Associate degree in Accounting, Business Administration, Finance, Healthcare Administration, or a related field.
At least two years of experience in affordable housing compliance, property management, accounting, healthcare billing, or a related field, or an equivalent combination of education and experience.
Working knowledge of affordable housing compliance regulations, including LIHTC requirements and Fair Housing laws.
Understanding of Generally Accepted Accounting Principles (GAAP).
Excellent verbal and written communication skills, including the ability to communicate detailed information to residents, management, and regulatory agencies.
Strong organizational, analytical, and problem-solving skills.
Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
Demonstrated attention to detail and commitment to accuracy.
Ability to learn and apply complex, frequently changing regulatory requirements.
Proficiency with Microsoft Office Suite, including Excel, Word, Outlook, and Teams.
Ability to operate standard office equipment, including multi-line phone systems, copiers, scanners, and calculators.
Ability to work independently and contribute effectively as part of a collaborative team.
Ability to define realistic goals and objectives, identify tasks and deliverables, and set priorities.
Commitment to continuous improvement and high standards of accuracy and excellence.
Demonstrated ability to maintain confidentiality.
Ability to work varied schedules, including weekends, evenings, and holidays.

Nice To Haves

Bachelor's degree.
Experience with Low-Income Housing Tax Credit (LIHTC) programs.
Experience with Medicaid, Medicare, and Frail Elder Waiver billing.
Tax Credit Specialist (TCS), Housing Credit Certified Professional (HCCP), Certified Occupancy Specialist (COS), or similar affordable housing certification.

Responsibilities

Administer compliance activities for LIHTC communities and other affordable housing programs.
Review and approve applicant eligibility in accordance with program regulations and company standards.
Coordinate leasing compliance activities, annual and interim income certifications, and resident recertifications.
Conduct audits and reviews of resident files to ensure accuracy, completeness, and regulatory compliance.
Monitor ongoing compliance with federal, state, and local affordable housing regulations.
Investigate, resolve, and document compliance issues, deficiencies, and regulatory findings.
Prepare reports and maintain documentation required by property owners, investors, and regulatory agencies.
Assist with accounts receivable activities, including resident payment tracking and voucher reconciliation.
Support Medicaid, Medicare, and Frail Elder Waiver billing processes, ensuring timely and accurate submissions.
Collaborate with management teams to ensure operational compliance and adherence to Fair Housing guidelines.
Maintain current knowledge of changing regulations, laws, and industry best practices affecting affordable housing and healthcare-related programs.
Provide guidance and training to site personnel regarding compliance requirements and procedures.
Organize office resources and files to support regulatory compliance and timely retrieval.
Build processes and policies that promote efficiency and continuous improvement.
Allocate resources, set priorities, and define tasks and deliverables to achieve goals.
Maintain confidentiality and adapt work style to achieve specific objectives.
Work varied schedules, including weekends, evenings, and holidays.