Occupancy Compliance Specialist Assistant

Retirement Housing Foundation•Long Beach, CA

7d•Onsite

About The Position

The Assistant Compliance Specialist will monitor the Tax Credit communities that report to Urban Futures to ensure sites are within their compliance requirements, set asides are accurate, rents are charged correctly, and re-certifications are completed timely. The Compliance Specialist will work directly with the regional managers and site managers to assist with training for funding sources relating to LIHTC, BOND, CRA, HOME, Major Project and Land Use. Troubleshoots occupancy and certification problems as needed. Prepares periodic reports and tracking for all properties reporting to Urban Futures.

Requirements

Knowledge and a minimum of 5-year experience with LIHTC, Bond, CRA, MP, HOME and Land Use programs requirements.
COS and Tax Credit Certificates required.
Experience with occupancy compliance preferred.
Excellent verbal and written communication skills required.
Excellent organizational skills and attention to detail.
Highly motivated and able to work independently.
Fair Housing knowledge.
Must have experience Onesite Real Page (preferred)

Responsibilities

Verify all third-party verification documents for supporting income and assets are included and within the appropriate time frame, signed appropriately and calculations are accurate. Compare to prior year for any discrepancies. Verify tenant data that has been entered into the residential software system is accurate and approve certification. Communicate via email for missing or incomplete information required.
In addition to the information above a review must also be performed for credit and criminal background screening, income limits and a review of the waiting list is required to confirm move in is the next scheduled applicant and qualifies for the property for which they are applying.
Review move out documentation, and security deposit disposition form. Calculate any billable days, review for security deposit interest information and add applicable charges.
Review properties to ensure timely recertifications' that are required for the Urban Futures reporting. Follow up with site staff on due date requirements. Report any deadline challenges to Occupancy manager.
Monitor the site, set asides for LIHTC, BOND, CRA, HOME, Major Project and Land Use and ensure that the residents’ allocations are in compliance with the regulatory agreements. Review Move ins for sites that report to Urban Futures and confirm the residents will meet the property set aside requirement. Ensure the correct rents are charged for each move in.
Monitors Urban Futures reporting for all funding sources (BOND, MP, HOME, CRA and LU) by ensuring that the site uploads the required forms in Urban Futures.
Assist with preview, approve and submit all reporting to Urban Futures.
Review and approve initial tenant files and recertification files for LIHTC, BOND, CRA, HOME, Major Project and Land Use for multiple states and ensure they are compliant.
Assist with updating the LIHTC, Bond, CRA, MP, HOME and LU income limits in Onesite.
Works with Occupancy Manager to resolve software issues related to LIHTC, Bond, CRA, MP, HOME and LU.
Other duties as assigned.