Now Hiring - Lh Niagara Towers LLC - Occupancy Specialist in Bethlehem, PA

Full description of the position

Compliance Specialist

The Compliance Specialist is responsible for training on-site Property Managers and office staff. We will be assisting with processing the Tax Credit initial certifications/recertifications, HUD annual recertifications, move-ins, and IRS.

DUTIES AND RESPONSIBILITIES:

Report to site as business need dictates (determined by Senior Manager of Compliance).

Generate/distribute notices to tenants with instructions to meet for lease signings/certifications initial year.

Generate/maintain schedules to meet with tenants for lease signings/certifications.

Work with existing staff schedules to ensure appropriate staffing coverage for certifications in order to protect the owners interest.

Initial review of initial year LIHTC files

o Making minor corrections to files

o Notifying SMC of ongoing issues with staff processing of files so that training can be implemented with staff.

o Reaching out to 3rd party companies for verification of income/assets as needed

Daily/weekly reporting of site progress

o Generate and maintain tracking reports for current sites for SMC and Regional/Director of Compliance.

Updates on file progress, issues with individual files.

USHC File Reviews

o Reviewing and processing rejections/corrections to files requested by USHC.

o Submit initial file to USHC if needed by SMC (rare occurrence)

Additional responsibilities may be assigned, dependent upon circumstances at site level.

CS should work closely with site staff in meeting with tenants for initial year files.

o All training of staff is solely the responsibility of SMC and assistance will be required.

Certify bi-annually in EIV.

Review the rules of behavior annually, sign, and send to your manager once signed.

Understand the policies of EIV Master Binder and train employees when necessary.

Understanding LIHTC and PB Section 8 program and how to calculate income and assets.

• Monitoring and carrying out changes in HUD and LIHTC regulations and requirements.
• Maintaining proper maintenance of tenant files and computer records to ensure accuracy according to HUD and LIHTC regulations.
• Determining financial eligibility for all new admissions into the affordable program
• Processing new applicants
• Monitoring of waitlists, and EIV master binders for compliance with federal regulations and requirements
• Assist in all 8823s corrections.
• Monitoring of re-certification notification letters in compliance with HUD and LIHTC regulations
• Remain familiar with current U.S. Department of Housing and Urban Development ever changing Federal Regulations as they relate to Affordable Housing program.
• Monitors compliance during all phases of new construction and acquisition/rehab lease-up.
• Reviews Tenant Selection Plan to ensure the company guidelines are being followed when processing files.
• Ensure rents and maximum income limits are in line with HUD and/or LIHTC program.
• Provides weekly report to advise on progress.
• Ensures Compliance Specialist scan final approved first year certification files.
• Comply with Fair Housing guidelines and obtain an annual training certificate.
• Recommends appropriate corrective action to resolve noncompliance; works with manager to correct noncompliance through corrective action.
• Travel to several sites by vehicle. It will also be necessary to travel to properties in the portfolio by plane. Travel reimbursement is provided.
• Learn Special Claims and assist Managers, Assistant Managers where necessary.
• Conduct training and earn at least 12 CEUs annually, earn your BOS by 12/31/2023.

Bi-Lingual a plus (Spanish/English, Russian/English, or Chinese/English).

Job Type: Full-time

Pay: $40,000.00 - $43,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Experience level:

• 2 years

Schedule:

• 8 hour shift
• Monday to Friday

Education:

• High school or equivalent (Preferred)

Experience:

• Project Based Section 8 Housing: 2 years (Required)
• Low Income Housing Tax Credit (LIHTC): 2 years (Required)

Ability to Relocate:

• Bethlehem, PA 18017: Relocate before starting work (Required)

Work Location: In person