Director, Affordable Housing Compliance

April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, April Housing is the asset management business that oversees Blackstone's affordable housing and LIHTC portfolio. April oversees a portfolio of over 85,000 affordable housing units in approximately 650 communities. April Housing seeks to preserve critical affordable housing stock while providing best in class management and high-quality housing. April is committed to being a fair, transparent, and responsible owner.

April Housing’s long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential Operations.

In its pursuit of excellence, April Housing is looking for individuals who share in its mission to provide high-quality housing to affordable residents.

The Director of Affordable Housing Compliance is responsible for designing, leading, and continuously improving the company’s compliance program for Section 42 Low-Income Housing Tax Credit properties, related affordable housing funding streams and other affordable housing regulations. As the role responsible for ensuring occupancy and affordable housing compliance across the organization’s portfolio, the Director of Compliance provides strategic direction, supports scalable growth through robust policies, training of partners and quality assurance processes, ensures regulatory compliance, drives performance standards, and fosters a culture of accountability and excellence from the organization’s leasing and compliance functions and partners.

The role requires a deep understanding of affordable housing compliance, risk management, and regulatory requirements. The Director of Compliance will lead a team of compliance professionals, working closely with development, legal, asset management, accounting, tax and finance teams to ensure consistent regulatory compliance in the operations and financing of all properties. Additionally, the Director of Compliance is responsible for setting expectations and deliverables for the property management companies and other occupancy and leasing functions engaged by the company.

What You Will Do

• Regulatory Compliance Management: Set the overall compliance strategy and property-level compliance standards for the company’s portfolio, ensuring adherence to LIHTC, HUD, Section 8, HOME, and other affordable housing programs and provide strategic leadership to the compliance and leasing teams within the organization’s property management partners.
• Team Leadership: Manage and lead a high-performing team of compliance professionals; define roles, workloads and quality expectations, and provide coaching and performance management. Foster a culture of accuracy, accountability, and continuous improvement in compliance processes.
• Compliance Program Development: Develop and implement compliance policies, procedures, and tools to ensure all properties meet local, state, and federal affordable housing regulations. Ensure the program is continually updated to reflect regulatory changes.
• Training & Education: Lead the development and delivery of compliance training programs for internal staff, property managers, and external partners. Ensure all stakeholders are up-to-date on current regulations and policies.
• File Audits & Monitoring: Design and oversee a risk-based program for internal compliance audits including periodic reviews of resident files, ensuring that occupancy, income certifications, and rent restrictions meet program requirements. Engage third-party audits and inspections as required. Collaborate with property managers to address and resolve any audit findings or compliance deficiencies.
• Transactions Compliance Support: Review and approve compliance-related components of new acquisitions and resyndications (e.g., unit mix, set-asides, income limits) and support lease-up compliance strategies for new projects.
• Liaison with Regulatory Agencies: Serve as the primary point of contact for regulatory agencies, including state housing authorities, HUD, and other affordable housing program administrators. Facilitate external audits, inspections, and compliance reviews.
• Risk Management & Mitigation: Identify property-level compliance risks and develop strategies to mitigate those risks. Work with the legal department to ensure that property-level compliance protocols are integrated into the broader risk management framework of the organization.
• Reporting: Provide regular updates and reports to senior leadership on compliance activities, audit results, and risk mitigation strategies. Develop and maintain tracking systems to monitor ongoing compliance across the portfolio.
• Regulatory Updates: Stay informed of changes to affordable housing laws and regulations, and ensure the company’s policies and procedures reflect those changes. Communicate important regulatory updates to internal teams and external stakeholders.
  
  

What You Should Have

• Bachelor’s degree required; advanced degree or relevant professional certifications in housing, real estate, or compliance preferred.
• Minimum of 8-10 years of experience in LIHTC and affordable housing compliance, with 3-5 years in a leadership role managing a compliance team.
• Experience leading and developing compliance teams within a multifaceted housing organization
• Experience in a multi-state, multi-program portfolio and a fast-paced, growth-oriented environment (e.g., private equity-backed or large nonprofit owner) strongly preferred.
• Strong understanding of federal, state, and local laws related to affordable housing, fair housing, and tenant-landlord relations.
• Proven track record of successfully navigating audits and regulatory inspections.
• Excellent analytical and communication skills with the ability to interpret complex regulations into practical guidance and tools for onsite teams.
• Strong track record of leading cross-functional initiatives with property management, asset management, development, and IT to improve compliance processes and systems.
• Highly organized, with strong attention to detail and the ability to manage multiple projects simultaneously.
• Proficiency in affordable housing compliance and project management software (e.g., Yardi, RealPage)
• LIHTC Certification and/or additional housing certifications preferred (HCCP, COS or equivalent)
• Communicates Effectively: Listens effectively and confirms understanding when needed. Cooperates effectively with teammates(intact team and cross-functionally) and provides and takes feedback with ease
• Drives Results: Works hard to ensure understanding of all critical performance targets. Lines up personal and team performance to deliver results. Accepts feedback and pivots activities and behaviors when needed to improve results.
• Plans and Aligns: Understands plans communicated and asks for clarity when needed. Provides input when plans require front-line input. Makes an effort to ensure teammates are aligned on daily and weekly actions supporting the plan.
• Manages Ambiguity: Carefully listens to the need for change or the need to wait for instruction in times of change. Keeps moving daily and weekly tasks forward while waiting for any pivots to workstream.
• Develops Talent/Professional Development: Works with leadership to execute individual development plans for self and others. Make time to become the best in their current role and to learn aspects of future potential roles.
• Resilient: Stays abreast of results individually and for the team and reacts with persistence, especially when results are less than planned. Keeps a positive attitude and entertains and develops ideas to enhance results.
  
  

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers, the California Fair Chance Act and any other applicable city, county, or local ordinances. Good cause exists for a criminal background check because one of the material duties of this position requires access to sensitive financial information and confidential and proprietary information and accordingly requires the candidate to possess a high level of integrity and discretion. The Company faces a significant risk to its business operations or business reputation if a criminal history check is not performed. A criminal history that has a direct, adverse, and negative relationship with these material duties may potentially result in the withdrawal of a conditional offer of employment.

Base Compensation Range

$165,000.00 To $185,000.00 Annually. This represents the presently-anticipated low and high end of the Company’s base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience.

Total Direct Compensation: This job is also eligible for discretionary bonus and incentive compensation on an annual basis.

Benefits: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO).

The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility.

Please review the job applicant privacy notice here.

EEO Statement

April Housing is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com