Compliance Specialist - Remote (North Carolina or South Carolina preferred)
- Full-time
Company Description
About Atlantic Housing Foundation:
Atlantic Housing Foundation (AHF), Inc. is a 501(c)3 not-for-profit affordable housing provider. Founded in 1999, we currently own and operate over 10,000 units of multifamily properties in 6 states and 37 cities. In addition to HUD HAP and LIHTC properties, Atlantic Housing owns and operates affordable housing, mixed-income multifamily assets, student housing and senior housing.
The mission of Atlantic Housing Foundation, Inc. is to promote and preserve quality affordable housing and related services for low and moderate income families, helping residents improve their lives. We will do this in a manner that will foster the continuous improvement of our people and our company. We strive to be a top performing, thoroughly professional and genuinely caring organization in all that we do. As an organization, we aspire to and believe in - Making a difference.
Why Should You Apply?
- You believe in the AHF mission and core values
- You are the best at what you do
- You meet the qualifications below
Benefits Offered:
- Paid every two weeks
- Educational Reimbursement
- Opportunities for upward mobility
- 12 Paid Company Holidays
- 16 hours of Learning Time Off annually
- 32 hours of Volunteer Time Off annually
- Competitive Paid Time Off accrual
- Rent discount if living on-site
- Multiple health care insurance plans that cover medical, dental, prescription, vision, employer HSA contributions, and supplemental health insurance
- Competitive 401(k) Program with employer matching contributions
Job Description
About the Compliance Specialist Opportunity:
The Compliance Specialist reports to the Compliance Manager and is responsible for assisting with all property compliance for LIHTC, HUD, LURA and bond regulations, and property staff training on Yardi data entry and compliance. The Compliance Specialist will work closely with the Property and Regional Managers, as well as corporate staff.
Job Responsibilities:
- Audit compliance with LIHTC, Project Based Section 8, and LURAs
- Review of first-year files prior to submission for investor review. Ensure TIC, lease, and certification documents are consistent with the applicant and entered correctly.
- Complete annual utility allowance calculations
- Review and ensure that communities are using the accurate income and rent limits
- LIHTC File audits – Work with Community Manager and Regional Manager to prepare for file audit. Once audit is complete, gather corrections and submit audit response to the Compliance Manager for approval
- Assist with meeting reporting requirements to external entities, such as TDHCA, SC Housing, HUD, MDSI, etc.
- Monitor and audit accuracy of property resident certification files and Yardi data. Provide feedback to property manager on results and provide additional training on errors found.
- Monitor monthly HAP billing and cash posting. Provide assistance to HAP properties on Yardi monthly processes and certifications.
- Respond to all help desk tickets within a 24-48 hour turnaround time.
- Maintain good communications with external compliance auditors and get issues resolved quickly and accurately.
- Travel to regular site visits and occasional overnight travel may be required to attend audits or company sponsored trainings
- Assist the Compliance Manager with special projects as needed
Qualifications
Position Qualifications:
- Must have minimum 3 years previous experience as an Affordable Housing Compliance Specialist, knowledgeable in Project-Based Section 8 & LIHTC
- HCCP and COS Designation or ability to obtain during first year of employment.
- At least 2 years’ experience with Yardi (preferred)
- Basic Accounting knowledge (preferred)
Additional Information
Personal Characteristics:
- Dedicated to the mission of providing affordable housing and transforming communities.
- Outstanding written and oral communication skills.
- High attention to detail; must possess the confidence that work product is accurate and complete.
- Ability to solve problems independently and be flexible enough to work in a group setting.
- Meet deadlines and prioritize work requirements.
- Ability to provide leadership to property managers and work well within a team setting.
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