Job Description

ESSENTIAL DUTIES AND RESPONSIBILITIES

The Compliance Associate is a core member of the RB Compliance team. The Compliance Associate will assist/participate in all compliance aspects of LIHTC, HOME, Section 8 and Rent Stabilization laws.

Specific responsibilities include:

• Work directly with applicants for affordable housing to request and obtain required documentation from them.

• Review and calculate applicant-provided income and asset information.

• Analyze documentation to determine if follow-up information is required; organize applicant files in the designated order.

• Maintain detailed logs of applicant files in process; track deadlines for applicant submission of required documents.

• Complete and send the 3rd party verifications on a daily basis.

• Follow-up and contact the 3rd parties (such as employers and bank institutions) to get the 3rd party verifications returned by fax/e-mail or to seek verbal clarification.

• Process files and prepare the Tenant Income Certification form (TIC) in accordance with City, State and Federal program guidelines.

• Conduct Lease signings; post lease renewals in Yardi.

• Assist with the preparation of site audits.

• Assist with the LIHTC rent up.

• Assist with the preparation Annual Owners Certifications.

• Assist with tracking and corrections of any 8823s.

• Assist with the preparation of HOME Annual Owner Certifications.

• Pre-audit LIHTC and HOME tenant files; perform in-house file audits after recertification period.

• Assist with examining files prior to compliance annual audits.

• Prepare reports as needed.

• Submit Affordable Remediation for Tax Credit and Home Compliance.

• Train/educate staff on compliance rules and regulations.

• Serve as point person on Rent Caf trouble shooting.

• Assist management with any necessary administrative work within the marketing department as needed.

• Other duties may be assigned as required for efficient operations.

COMPETENCIES

• Familiar understanding of the LIHTC and preferred experience in affordable housing, specifically maintaining compliance of Low-Income Housing Tax Credit programs

• Prior experience working with affordable housing eligibility and compliance a plus

• Prior experience in compliance, eligibility, auditing, bookkeeping or other related field desired

• Detail Oriented and organized

• Flexibility, creativity and initiative to work both independently and as part of a team

• Ability to interact effectively with all levels of staff and tenants

• Proficiency in Microsoft Office-including Word, Excel, Access, and Outlook

• Tax Credit specialist certificate is a plus

• Yardi experience preferred

EDUCATION EXPERIENCE

• High School diploma or equivalent required

• Associates Degree preferred

Qualifications

It is the policy of RiseBoro to provide equal employment opportunity to all employees and applicants for employment. No individual will be discriminated against on the basis of race, color, age, creed, religion, national origin, citizenship status, political or union affiliation, marital or partnership status, sex, sexual orientation or affectional preference, gender identity, familial status, genetic information or predisposition or characteristic, disability, status as a victim of domestic violence, status as a veteran or member of the U.S. military and related obligations, or any other characteristic protected by law. This policy applies to all terms and conditions of employment, including but not limited to, recruitment, hiring, job placement, compensation, benefits, training and apprenticeship, employee development, promotion, demotion, discipline, transfer, lay-off and recall, and termination. RiseBoro makes reasonable accommodations based on religion and/or disability as required by law, and requests for accommodation are to be directed to the Human Resources Department.

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