What are the responsibilities and job description for the Document Review Specialist position at Ar. Development Finance Authority?
DOCUMENT REVIEW SPECIALIST
SUMMARY: The Document Review Specialist will conduct annual document audits and annual owner certification audits to ensure program compliance, process physical inspection letters; review recordkeeping procedures, program agreements, rents and income limits. This is not a remote or hybrid position.
TYPICAL FUNCTIONS: Conduct annual document owner certification audits. Complete follow up letters for all unit inspections performed by third party consultants in accordance with specific program regulations and ADFA Policies and Procedures Manual assigned by Assistant Manager; Review record keeping procedures and unit inspection documents; review rent and utility allowances; Review HOME Agreements, and other documents for compliance with program requirements, LIHTC extended use agreements, and other funding source agreement. Occasionally may conduct property inspections of the buildings, common areas, and a percentage of the units for compliance with NSPIRE Protocol, other local housing standards, and construction standards adopted by ADFA. May require occasional overnight travel within the state.
Review records for program compliance; Provide technical assistance; Prepare and submit monitoring reports; and follow prescribed procedures for requesting outstanding documents and problem resolution. Other duties as assigned may also apply.
PREFERRED QUALIFICATIONS:
Certified Credit Compliance Professional (HCCP, C3P, &/or HOME Certification)
Comprehensive knowledge of rules, regulations, and procedures pertaining to the LIHTC, HOME and other Federal housing programs
Knowledge of the Section 8 Voucher Program
Knowledge of Rural Development Program
Knowledge of record keeping procedures
Knowledge of basic math;
Knowledge of NSPIRE inspection standards
Ability to analyze documents and determine program compliance
Ability to communicate effectively both orally and in writing
Ability to work effectively with diverse clients
Ability to interpret federal or state statutes, rules, and regulations
Ability to research source materials
Proficiency in Microsoft Office tools (Word, Outlook, Excel, PowerPoint)
MINIMUM EDUCATION AND/OR EXPERIENCE: A formal education equivalent to a bachelor’s degree in a business-related field. At least 3 years of compliance experience or 3 to 5 years’ experience in affordable housing.
Job Type: Full-time
Benefits:
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Retirement plan
- Vision insurance
Work Location: In person