Affordable Housing Compliance Manager

Affordable Housing Compliance Manager
 

Compliance Manager
A multifamily housing compliance manager ensures that affordable housing properties adhere to federal, state and local regulations. This includes monitoring tenant eligibility, verifying income documentation, managing HAP vouchering and reconciliation, processing TRACS transmissions, and conducting audits to maintain compliance with LIHTC, HUD, Section 8, and County Affordable Housing Programs. They work with property managers, government agencies, and tenants to ensure adherence to guidelines, prepare reports, and interpret regulations.  

NOTE:  This is not a remote position; this is an in-office role based full-time from our corporate office in Gaithersburg, MD (Washington, DC metro region).

Job Requirements: 

• 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
• Training 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
• Assist in generating all year-end building status reports for tax credit properties and ensure all electronic reporting is completed each year
• Assist in monitoring correct usage of income and rent limits as well as utility allowances

Skills Required:

• Minimum 3 years-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

This role is exempt and has an anticipated annual pay range of $70k-75k for a new employee depending on a number of relevant factors including individuals’ experience, qualifications, knowledge, skills, abilities, client/property or company budgetary limitations/guidelines, and other job-related company and market considerations.  This position may be eligible to receive discretionary and/or performance-based bonuses on a spot or annual basis, which are variable depending on individual merit/performance, budgetary limitations, company performance, and other job-related factors.  This non-exempt role will be eligible for overtime for all hours worked in excess of 40 per week.  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.  To learn more about our company and our benefits, go to: https://pratumco.com/careers/

Pratum Companies is committed to a diverse workforce and is an Equal Opportunity Employer.

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