Corona, California, USA
8 days ago
Regulatory Compliance Specialist
Responsibilities

Related Affordable has an exciting career growth opportunity for an Affordable Housing Regulatory Compliance Specialist within our dynamic team. This remote position must be located in CA, reporting to the Director of Compliance. The ideal candidate is a detail oriented individual accustomed to working on a deadline driven schedule. You will be responsible for ensuring Related Affordable is operating in compliance with all affordable housing program guidelines (LIHTC, PBS8, PBV, RAD, etc.), regulatory agreements, and company policies and procedures. This person must have the ability to function autonomously while also working in conjunction with coworkers located in other areas of the country.

 

KEY RESPONSIBILITIES

Monitor and implement changes in HUD and LITHC regulations and other state and local requirementsMaintaining proper maintenance of tenant files and computer records to ensure accuracy according to HUD and LIHTC regulationsIndependently review and approve move-in and transfer files to ensure applicants meet income and program eligibility criteriaReview initial qualifying files for accuracy and program compliance and submit to third-party reviewers; Track qualification status and works with the Director of Compliance to provide clear and accurate reporting on lease-ups, move-ins, etc.Review completed recertification to ensure program compliancePerform both onsite and remote audits to confirm compliance with program requirement through follow-up and closureMonitor waitlists, LAP plans and EIV master binders for compliance with federal and state regulationsReview and submit responses for LIHTC file audits and MORs; coordinate with affordable programming and site teams to get correctionsSubmit and assist in the drafting and review of timely responses to agency audits; coordinate with Affordable Programming as neededHold weekly office hours to assist the operations teams with questions, file corrections and audit correctionsRemain familiar with current U.S. Department of Housing and Urban Development ever changing Federal Regulations as they relate to Affordable Housing programsAudit proper maintenance of tenant files and computer records to ensure accuracy according to HUD and LIHTC regulationsAssist analysts with annual reporting as neededOther duties as assigned

COMPENSATION RANGE

$75K - $95K per yearPlus annual performance bonus

Compensation for this position is dependent on a variety of factors, including individual qualifications and geographical location. The range provided is intended to offer a general guideline and may vary based on these factors.

 

Final compensation offers will be determined based on a comprehensive assessment of the candidate's background and the specific requirements of the role.

 

WHY YOU’LL LOVE IT HERE 

Lots of paid time off (19+ days!) – we value your life outside of workCustomizable total rewards package – pick from our medical, vision and dental options, along with our life insurance and an Employee Assistance Program Financial wellness perks to set you up for success - such as 401(k), FSA & HSA, employer-paid life and AD&D insurance; paid leave & disability programsMental health resources, such as counseling, are available to our team membersFertility benefits – such as surrogacy, adoption assistance and more! Paid time off to volunteer and we will match your charitable donations! We are a passionate team making real impact on the world! Grow with us – learning & training programs; tuition & certification reimbursement; internal advancement opportunities are available…and so much more! 
Qualifications

WHO WE ARE LOOKING FOR

5+ years of relevant experience with Project Based Section 8 HUD, LIHTC and other affordable housing programs is requiredKnowledge of HUD 4350.3, EIV, Reasonable Accommodation Requests, LIHTC income limits and rent calculations, Fair Housing, Real Estate LicensingA deep sense of community awareness and a determination to make improvementsProven ability to build trust with members of a community with different backgrounds, motivations, and concerns in order to obtain information and solve problemsCOS certification minimum required, HCCP preferredAbility to travel at least once per month, as well as, on an as needed basis (may include up to 30% travel)

#RAJobs

#LI-AB1


Overview

Related Affordable spearheads Related's initiatives to preserve and enhance the nation's affordable housing supply. With over 50 years of experience in affordable housing acquisitions and development, Related Affordable is renowned nationally for its financing, preservation, and rehabilitation innovation. Presently, Related Affordable manages one of the largest affordable housing portfolios in the United States. Our team is committed to the principle that everyone deserves a quality home, and we tirelessly strive to fulfill this mission in communities nationwide. Visit our website for more information: Related Affordable Housing.

We are proud to be an equal-opportunity employer committed to building an inclusive culture with competitive compensation aligned with experience and market standards.

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