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Recertification Specialist (Affordable Housing)
Fairstead Newport, RI
$65k-84k (estimate)
Full Time 1 Month Ago
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Fairstead is Hiring a Recertification Specialist (Affordable Housing) Near Newport, RI

Fairstead is a vertically integrated real estate company specializing in affordable and mixed-income housing. Since 2014, Fairstead has acquired and/or developed more than $4 Billion of multifamily property across the country, and today owns a portfolio of 16,500 apartments in 18 states. The company’s comprehensive platform provides hands-on expertise across all multifamily disciplines, including acquisitions, development, design and construction, energy and sustainability, property management and social services.

Fairstead’s primary mission is to provide high quality housing to all regardless of income, and to make our stakeholders feel “Right at Home.” We accomplish this through an empathetic and innovative approach, and by utilizing our interdisciplinary platform as an investor, developer, owner, and operator. Fairstead provides hands-on expertise across all multifamily disciplines, including acquisitions, development, design, construction, energy, sustainability, property management and social services. With a long-term commitment to its residents, communities, and partners, the Fairstead team stands out by:

  • Listening to and understanding the needs of its residents, communities, partners, and stakeholders alike
  • Developing and preserving high quality affordable housing in an innovative and sustainable fashion
  • Creating a positive social and environmental impact within the properties and communities it serves.

Fairstead’s Core Values

  • Empathy
  • Innovation
  • Entrepreneurship
  • Determination
  • Integrity

Position Description:

The Recertification Specialist will review all resident files within the portfolio. The Recertification Specialist will apply knowledge of regulatory requirements for properties to ensure Company meets compliance standards. This position will serve as the primary point of contact for overseeing compliance, and responding to HUD concerns, and providing outreach to the property.

At the direction of Compliance Manager, the Recertification Specialist is directly responsible for the following:

  • Process initial, annual, and interim recertification’s and calculate retroactive rent while conforming to HUD regulations and HPD guidelines
  • Calculate rents for annual and interim recertification
  • Identify households with income reporting discrepancies and make rent adjustments
  • Review applicant files and determine Section 8 eligibility
  • Follow LIHTC and Section 8 guidelines
  • Notify residents of upcoming recertification's
  • Schedule initial interviews for recertification's
  • Prepare third party verification forms
  • Maintaining residents’ files and paperwork
  • Review tenant ledgers for arrears
  • For NY: Investigate and correct income discrepancies

Job Requirments

  • 4 years recertification specialist experience
  • Knowledge of Section 8, LIHTC and HUD
  • Experience with EIV reports
  • Must have knowledge of HUD/Public Housing/Tax Credit policies and procedures
  • Detail oriented and the ability to operate on a deadline driven schedule
  • Possess strong organizational, analytical and problem-solving skills
  • Notary public is preferred
  • COS certification
  • Experience with MOR
  • Yardi experience
  • Microsoft Office and Excel Experience
  • People skills and superior communication skills
  • For NY: Experience investigating and correcting income discrepancies

Job Type: Full-time

Schedule:

  • Monday to Friday

Work Location: In person

Job Summary

JOB TYPE

Full Time

SALARY

$65k-84k (estimate)

POST DATE

04/07/2024

EXPIRATION DATE

08/03/2024

WEBSITE

fairstead.com

HEADQUARTERS

NEW YORK, NY

SIZE

25 - 50

FOUNDED

2018

CEO

JEFF GOLDBERG

REVENUE

$5M - $10M

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About Fairstead

Fairstead is a vertically integrated real estate company specializing in affordable and mixed-income housing. Since 2014, Fairstead has acquired and/or developed more than $4 Billion of multifamily property across the country, and today owns a portfolio of 14,500 apartments in 18 states. The companys comprehensive platform provides hands-on expertise across all multifamily disciplines, including acquisitions, development, design and construction, energy and sustainability, property management and social services.

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The following is the career advancement route for Recertification Specialist (Affordable Housing) positions, which can be used as a reference in future career path planning. As a Recertification Specialist (Affordable Housing), it can be promoted into senior positions as an Administrative Assistant III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Recertification Specialist (Affordable Housing). You can explore the career advancement for a Recertification Specialist (Affordable Housing) below and select your interested title to get hiring information.