Affordable Housing Compliance Manager - Washington, DC Metro
Pratum Companies · Gaithersburg, MD · 3 wk ago
On-siteEducation$70k–$80k/yrFull-time
About the role
Affordable Housing Compliance Manager ensures that multifamily housing properties comply with federal, state, and local regulations. Key responsibilities include:
- Maintain site-level compliance by reviewing new applicant certifications and completing re-certification paperwork.
- Verify household certifications for all Affordable properties to ensure compliance.
- Process, reconcile, review, and submit monthly HAP vouchers timely and accurately.
- Monitor HAP voucher discrepancies, subsidy reconciliations, TRACS transmissions, and transmission errors.
- Ensure timely correction and resubmission of rejected or discrepant vouchers and certifications.
- Train personnel on preparing income certifications and re-certifications for both Project Base Section 8 and Federally Assisted properties.
- Review and approve move-in certifications, as well as quarterly review of annual re-certifications for project base Section 8 properties.
- Monitor and report past due recertifications.
- Address compliance training and support needs for site staff.
- Aid in generating all year-end building status reports for tax credit properties and ensuring all electronic reporting is completed each year.
- Aid in monitoring correct usage of income and rent limits as well as utility allowances.
Responsibilities
- Manage site-level compliance by reviewing new applicant certifications and completing re-certification paperwork as required.
- Review household certifications for all Affordable properties to ensure they're compliant.
- Process, reconcile, review and submit monthly HAP vouchers timely and accurately.
- Monitor HAP voucher discrepancies, subsidy reconciliations, TRACS transmissions, and transmission errors.
- Ensure timely correction and resubmission of rejected or discrepant vouchers and certifications.
- Train personnel on preparing income certifications and re-certifications for both Project Base Section 8 and Federally Assisted properties.
- Review and approval of all move-in certifications, as well as quarterly review of annual re-certifications for project base Section 8 properties.
- Monitor and report past due recertifications.
- Address compliance training and support needs for site staff.
- Aid in generating all year-end building status reports for tax credit properties and ensure all electronic reporting is completed each year.
- Aid in monitoring correct usage of income and rent limits as well as utility allowances.
Requirements
- Minimum 3 years of experience in compliance of affordable Section 8 and LIHTC multifamily housing properties.
- HCCP, SHCM, C3P, COS, CPO, BOS or equivalent required.
- Strong written and verbal communication skills.
- Proficient in Microsoft Word, Excel and Outlook.
- Strong knowledge of Section 8 regulations.
- Strong knowledge of the IRS 8823 Guide as well as the HUD Manual 4350.3.
- Strong knowledge of HAP voucher processing, reconciliations, TRACS transmissions, and subsidy administration.
- Experience reviewing and correcting voucher discrepancies and transmission errors.
- Formal training and/or certification in related field required (COS or CPO).
- Ability to work in a fast-paced environment.
- Ability to take charge and ownership of projects; self-starter and independent worker.
- Experience working in Yardi software program required.
Qualifications
- Exempt position with an anticipated annual pay range of $70k-80k for a new employee depending on relevant factors.
- Eligible for discretionary and/or performance-based bonuses on a spot or annual basis, variable depending on individual merit/performance, budgetary limitations, company performance, and other job-related factors.
- Full-time positions (30+ hours/week) are eligible for 2 weeks paid vacation, 1 week sick leave, 11 paid holidays, and health & welfare benefits as outlined on the Company’s website.
Benefits
- 2 weeks paid vacation
- 1 week sick leave
- 11 paid holidays
- Health & welfare benefits as outlined on the Company’s website
Schedule
- Full-time role based in Gaithersburg, MD (Washington, DC metro region)
Pay
- Exempt position with an anticipated annual pay range of $70k-80k for a new employee depending on relevant factors.
Skills
- Minimum 3 years of experience in compliance of affordable Section 8 and LIHTC multifamily housing properties.
- HCCP, SHCM, C3P, COS, CPO, BOS or equivalent required.
- Strong written and verbal communication skills.
- Proficient in Microsoft Word, Excel and Outlook.
- Strong knowledge of Section 8 regulations.
- Strong knowledge of the IRS 8823 Guide as well as the HUD Manual 4350.3.
- Strong knowledge of HAP voucher processing, reconciliations, TRACS transmissions, and subsidy administration.
- Experience reviewing and correcting voucher discrepancies and transmission errors.
- Formal training and/or certification in related field required (COS or CPO).
- Ability to work in a fast-paced environment.
- Ability to take charge and ownership of projects; self-starter and independent worker.
- Experience working in Yardi software program required.