- Review and approve move in and recertification applications for the tax credit communities.
- Monitor and track all audits to ensure advanced notice can be provided for those sites with required audits in the upcoming year. Track audit/AOC/Compliance-related accounting reports, audit findings, audit responses, invoices, and other related items on a continuous basis.
- Review and audit Rent Rolls each quarter to confirm appropriate rents are in place along with checking for expired/incorrect lease dates.
- Collect and review all resident services in place for communities with mandatory services. Ensures on-going compliance with services to be provided with AOCs or during HFA audits.
- Review each HFA website for mandatory form or policy changes to ensure compliance with state policies.
- Update and maintain HFA reports weekly for each community that has a state specific compliance report to be prepared/submitted on a monthly/quarterly/annual basis.
- Track and maintain all utility allowances for all states and counties.
- Manages the documentation collected for support services on all affordable sites.
- Completes annual owner certification under the direction of the senior director of compliance.
- Provide expertise, advice and support to property managers and property management personnel in the overall development of the compliance program and compliance issues.
- Responsible for reviewing rents on HUD properties to make sure that the market renters are not being charged over the max allowable tax credit rents.
- Follow up to ensure established procedures are being observed and compliance is maintained.
- Maintain working knowledge of Section 42, including, but not limited to state requirements and company mandates.
- Review and audit Rent Rolls each quarter to confirm appropriate rents are in place along with checking for expired/incorrect lease dates.
- Complete and maintain state compliance reports and prepare Recertification Worksheets.
- Conduct random field audits of properties for compliance.
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Compliance Specialist - Greenville, United States - Ambling Property Investments
Description
Job DetailsLevel
Experienced
Job Location
Ambling Management Company - Greenville, SC
Position Type
Full Time
Education Level
4yr degree or related job experience
Travel Percentage
Up to 25%
Job Shift
Day
Job Category
Real Estate
Description
POSITION SUMMARY
The Compliance Specialist ensures the residents living on Ambling HUD and LIHTC Properties comply with respective program requirements by performing the following duties.
ESSENTIAL DUTIES AND RESPONSIBILITIES
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
ESSENTIAL FUNCTIONS STATEMENT(S)
Education: Bachelor's degree (B.A.) or equivalent from a 4-year college or equivalent experience. Must demonstrate literacy in the English language including reading.
Experience: Three to four years of related experience and/or training or job related experience
Computer Skills: Working knowledge of; Microsoft Office Suite, Property Management software (i.e. One-Site, Real Page, EIV)
Certificates & Licenses: Valid State Issued Drivers' License, HCCP, NCPP, or similar designation/certification.
Other Requirements: Authorized to work in the United States