What are the responsibilities and job description for the Affordable Housing Coordinator (Accounting focus) position at Carlisle Residential Properties?
We are seeking a diligent and detail-oriented Affordable Housing Coordinator to support the compliance of affordable housing properties with federal and state housing subsidy programs such as Rural Development, HUD, and other related programs. This role will also involve performing minor bookkeeping tasks to ensure accurate financial reporting and operations of the properties.
Key Responsibilities:
- Compile and analyze financial information to produce monthly financial statements for a small portfolio of affordable housing properties.
- Process security deposits in accordance with relevant regulations and property management procedures.
- Manage certification processing through MINC and TRACS, ensuring compliance with applicable housing subsidy requirements.
- Reconcile vouchers and Project Worksheets to ensure accuracy and compliance.
- Research, resolve, and document compliance issues related to housing subsidies and regulations.
- Correct ledger discrepancies and ensure all financial records are up-to-date and accurate.
- Provide site-level support regarding compliance-related matters, including guidance on regulations and best practices.
- Update and maintain Gross Rents and Income Limits as required by HUD and other housing authorities.
- Assist with the preparation of annual budgets and the year-end audit process, ensuring accurate financial reporting for affordable housing properties.
Required Skills & Qualifications:
- Understanding of government housing subsidy programs (HUD, Section 8, Rural Development, etc.).
- Experience with MINC, TRACS, and other related systems for compliance management.
- Solid accounting skills and experience with financial statements, ledger corrections, and budget preparation.
- Knowledge of affordable housing regulations, including income limits, gross rents, and project worksheet reconciliation.
- Excellent attention to detail and strong problem-solving skills.
- Ability to work independently and as part of a team, providing clear communication and support.
- Experience with property management and compliance-related tasks is preferred.
Preferred Experience:
- Accounting/Finance degree preferred but not required.
- 2 years of experience working with Housing Authorities.
- 2 years of experience in Accounting/Compliance roles.
- Strong proficiency in Yardi and Excel is highly preferred.
This role offers an opportunity to make a direct impact on the success of our affordable housing initiatives, ensuring that our properties remain in compliance with all applicable regulations while supporting our financial operations.