Residential Tax Credit Specialist (LIHTC) - $3,000 Sign On Bonus

Bozzuto • New York, NY

10d • $62,000 - $65,000

About The Position

At Bozzuto, every team member shares a deep commitment to doing good for those around us. We live this each day by designing, building, managing and maintaining one-of-a-kind residences. Whether it’s the talent within our communities or the expertise across our property operations teams, we work together to make extraordinary happen for our clients, residents and fellow team members.
Our people are dedicated to delivering exceptional experiences to everyone we serve including each other. This shared purpose drives us to excel in every role and fosters a welcoming, inclusive workplace where teamwork thrives. Guided by our core values of concern, creativity, passion and the pursuit of perfection, we are inspired and empowered to reach higher, unlock our full potential and be truly extraordinary.
Primary Responsibilities:
The Tax Credit Specialist will be responsible for ensuring compliance with all applicable federal, state, and local tax credit programs, including but not limited to Low-Income Housing Tax Credit (LIHTC) and other affordable housing programs. This role is crucial in maintaining the community's tax credit compliance, ensuring proper documentation, and providing excellent service to residents while adhering to regulatory standards.

Requirements

• 4-year college degree or equivalent relevant experience
• Minimum of 2 years of experience in NYC affordable housing or tax credit compliance (LIHTC, Section 8, etc.)
• Strong attention to detail and organizational skills.
• Ability to maintain confidentiality and handle sensitive information with discretion.
• Excellent written and verbal communication skills.
• Proficient in Microsoft Office Suite and property management software (e.g., Yardi, OneSite).
• Ability to work independently and as part of a team in a fast-paced environment.

Nice To Haves

• Knowledge of HUD regulations, tax credit compliance, and fair housing laws is a plus.
• LIHTC certification preferred or the ability to obtain certification within 60 days of starting employment.

Responsibilities

• Ensuring that the community is in full compliance with all federal, state, and local tax credit program requirements, including Low-Income Housing Tax Credit (LIHTC), Section 42, and other relevant programs.
• Reviewing and verifying the eligibility of prospective and current residents based on income, household size, and other factors per the tax credit program guidelines.
• Collecting, organizing, and maintaining all required documentation for residents in compliance with tax credit regulations. Ensure that resident files are accurate, up-to-date, and complete.
• Preparing and submitting required reports to regulatory agencies, including income certifications, rent calculations, and compliance reports. Maintain accurate resident files and assist with audits.
• Conducting annual recertification for residents, ensuring that all required documentation is obtained and reviewed in accordance with tax credit program rules.
• Acting as a liaison between management and residents regarding tax credit-related matters. Provide information and assistance to residents on eligibility, documentation, and other program details.
• Providing training to property staff on tax credit policies and procedures. Offer guidance on resident eligibility and documentation requirements.
• Remaining current on changes in tax credit laws, rules, and regulations and communicate those changes to property management and residents as needed.
• Supporting the preparation and execution of internal and external audits. Assist in gathering necessary documentation and addressing any discrepancies.

Benefits

• Competitive compensation.
• Health & wellness benefits. We offer coverage for medical, dental, and vision, including access to the best doctors at an affordable price.
• Paid leave. We provide 20 days of paid time off plus holidays.
• Retirement planning. We offer a 401k program with a company match.
• Tuition reimbursement. Plus, many other programs to support career development and growth.
• A place you belong. We proudly offer a diverse range of employee resource groups, providing opportunities for our employees to connect over shared experiences, backgrounds, and cultures.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level