What are the responsibilities and job description for the Compliance Specialist position at AHEPA Senior Living?
Job Summary
We are seeking a detail-oriented Compliance Specialist to support our affordable housing compliance team and their initiatives across our portfolio of properties. This position is responsible for maintaining compliance with Low Income Housing Tax Credit and HUD 202 regulations.
AHEPA Senior Living is a mission-driven nationwide provider of safe and dignified affordable housing and quality aging services to seniors, allowing them to thrive in the comfort of their homes. A commitment to service, excellence, and philanthropy in everything we do embodies our philosophy. We take pride in giving back to the communities we serve. Since 1996, our parent company has donated more than $5 million to charitable causes that, for example, support the blind and survivors of domestic violence, and to educational initiatives such as offering scholarship opportunities for students pursuing careers in fields benefiting older adults or in property management. Approximately 5,500 seniors at 91 communities live vibrant and full lives in beautiful and safe AHEPA-owned and managed properties. This is why you will hear our residents often say, “I feel like I’m at home,” and “I feel like I have family here.”
Responsibilities:
- Monitors changes in LIHTC and HUD regulations and requirements and implements changes as indicated.
- Maintains tenant files of all applicable LI properties in compliance with LIHTC/HUD regulations.
- Processes annual and interim certifications and unit transfers.
- Prepares recertification notification letters.
- Prepares monthly, quarterly, and annual reports for tax credit syndicators and funding sources via their designated portals
- Participates in LIHTC/HUD reviews by outside entities.
- Performs internal audits of tenant files.
- Participates in initial lease-up of new properties.
- Aids the Affordable Housing Compliance team in covering properties throughout the agency, as needed.
- Possesses knowledge of the Federal Fair Housing Act, Section 504 of the Rehabilitation Act, and the Americans with Disabilities Act. Annual training in these areas is required.
- Attends trainings as required. Successful completion of LIHTC and HUD training including a passing score on the exam.
- Attendance at weekly supervision meetings and departmental meetings, as scheduled.
- Remain current with all Agency required compliance documents and trainings.
- Recommends appropriate corrective action to resolve noncompliance; works with manager to correct noncompliance through corrective action.
- Ensure rents and maximum income limits are in line with HUD and/or LIHTC program.
- Additional tasks as required.
Skills/Qualifications:
- Strong organizational skills and a detail-oriented approach.
- Strong computer literacy skills are essential
- Must have certification in Low Income Housing Tax Credit and HUD 202/811 compliance.
- Good verbal and written communication skills
- Bachelor’s Degree and a minimum of two years LIHTC/HUD 202 compliance related work experience preferred.
- Experience and/or education in working with people with disabilities is a plus.
Benefits:
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Retirement plan
- Vision insurance
Work Location: In person
Job Type: Full-time
Pay: $50,000.00 - $55,000.00 per year
Work Location: In person
Salary : $50,000 - $55,000