What are the responsibilities and job description for the Compliance Specialist position at CASA?
Summary: The Compliance Specialist is responsible for ensuring that all affordable housing communities comply with federal, state, local, and agency regulations. This position oversees resident file audits, income certifications, lease compliance, and reports requirements for programs such as LIHTC, HUD, Section 8, HOME, and other affordable housing programs.
Essential Duties and Responsibilities
Compliance Administration
- Maintain compliance with all affordable housing regulations and company policies.
- Review and approve resident applications, income certifications, recertifications, and move-in/move-out documentation.
- Ensure compliance with LIHTC, HUD, Section 8, HOME, Rural Development, and other housing programs as applicable.
- Monitor occupancy requirements and income limits.
File Auditing & Quality Control
- Conduct regular audits of resident files for accuracy and completeness.
- Identify and correct compliance deficiencies.
- Prepare properties for agency and investor audits.
- Maintain organized and accurate compliance records.
Reporting
- Complete and submit required compliance reports to housing agencies, investors, and ownership groups.
- Track deadlines for recertifications and regulatory reporting.
- Maintain compliance databases and software systems.
Training & Support
- Provide guidance and training to onsite property management teams regarding compliance requirements.
- Assist with policy implementation and procedural updates.
- Serve as a resource for compliance-related questions
Regulatory Monitoring
- Stay current on federal, state, and local housing regulations.
- Communicate regulatory changes and ensure implementation at assigned properties.
- Assist with corrective action plans when compliance issues arise.
Qualifications
- Minimum 2–3 years of affordable housing compliance experience.
- Strong knowledge of LIHTC, HUD, Section 8, HOME, and other affordable housing programs.
- Experience with income calculations, certifications, and resident eligibility reviews.
- Proficiency with Microsoft Office and property management software.
- Excellent organizational, analytical, and communication skills.
- Ability to manage multiple properties and deadlines.
- Knowledge of NCHFA Targeting Key requirements.
Preferred Certifications
- Tax Credit Specialist (TCS)
- Housing Credit Certified Professional (HCCP)
- Certified Occupancy Specialist (COS)
- Certified Professional of Occupancy (CPO)
Physical Requirements
- Ability to travel to properties as needed.
- Ability to sit, stand, and use a computer for extended periods.
- Occasional lifting of files and office materials up to 25 pounds.
Compensation & Benefits
- Competitive salary based on experience.
- Medical, dental, and vision insurance.
- Paid time off and holidays.
- 401(k) with company match.
- Professional development and certification reimbursement.
Work Schedule: Monday Friday, with occasional evening or weekend responsibilities as needed
EOE: CASA is committed to creating an inclusive environment for all employees and applicants and do not discriminate based on race, color, religion, sex, national origin, age, disability, veteran status, or any other protected characteristic.