Compliance Specialist

Job Description: Join our dynamic team at HōM Flats as a Compliance Specialist, where you will play a critical role in ensuring regulatory compliance and maintaining the highest standards of professionalism in our residential properties. As a Compliance Specialist, you will be responsible for overseeing compliance with all applicable regulations, including but not limited to LIHTC (Low-Income Housing Tax Credit) requirements. Your expertise will be instrumental in upholding our commitment to excellence in property management while fostering a positive environment for our residents.

Responsibilities:

1. Regulatory Compliance: Ensure compliance with all relevant federal, state, and local regulations, including LIHTC requirements, Fair Housing laws, ADA (Americans with Disabilities Act), and other applicable statutes.

2. LIHTC Oversight: Serve as the primary point of contact for all LIHTC-related matters, including certification, recertification, documentation, and reporting. Ensure adherence to LIHTC program rules and regulations to maintain eligibility and maximize tax credits.

3. Policy Development: Develop and implement policies and procedures to ensure compliance with LIHTC guidelines and other regulatory requirements. Continuously review and update policies to reflect changes in regulations and industry best practices.

4. Training and Education: Provide training and guidance to property management staff on LIHTC compliance protocols, including certification processes, income verification, and reporting requirements. Foster a culture of compliance and accountability throughout the organization.

5. Audits and Inspections: Coordinate and facilitate internal and external audits and inspections to assess compliance with LIHTC regulations and other applicable standards. Collaborate with auditors and regulatory agencies to address findings and implement corrective actions as needed.

6. Documentation Management: Maintain accurate and organized records related to LIHTC compliance, including tenant files, income certifications, lease agreements, and other documentation. Ensure timely and accurate submission of reports to regulatory agencies and stakeholders.

Qualifications:

1. LIHTC Proficiency: Demonstrated proficiency in Low-Income Housing Tax Credit (LIHTC) compliance, with a thorough understanding of LIHTC program rules, regulations, and reporting requirements.

2. Experience: Minimum of [X] years of experience in property management, affordable housing, or related field, with a focus on regulatory compliance. Experience with LIHTC properties preferred.

3. Regulatory Knowledge: Strong understanding of federal, state, and local housing regulations, including Fair Housing laws, ADA requirements, and LIHTC guidelines. Ability to interpret and apply complex regulatory requirements effectively.

4. Attention to Detail: Exceptional attention to detail and accuracy in documentation and reporting. Ability to review and analyze complex financial and regulatory data with precision.

5. Communication Skills: Excellent verbal and written communication skills, with the ability to communicate effectively with a diverse range of stakeholders, including residents, staff, regulatory agencies, and external partners.

6. Problem-Solving Skills: Strong analytical and problem-solving abilities, with the capacity to identify compliance issues, evaluate options, and implement effective solutions in a timely manner.

Join Our Team:

At HōM Flats, we are committed to fostering a culture of integrity, professionalism, and excellence in property management. If you are a dedicated Compliance Specialist with expertise in LIHTC compliance and a passion for ensuring regulatory adherence, we invite you to apply and join us in providing high-quality, affordable housing opportunities for our residents.

Job Type: Full-time

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off

Experience level:

• 2 years

Ability to Relocate:

• Grand Rapids, MI: Relocate before starting work (Required)

Work Location: In person