What are the responsibilities and job description for the Affordable Housing Compliance Specialist position at Fairstead?
Fairstead is excited to hire YOU at one of our properties! We are looking for an experienced Recertification Specialist to join our team.
What's in it for you?
- Fairstead strives to provide benefits and healthcare coverage at an affordable price. Our benefit package includes the following:
- Generous employer contribution for Medical and Dental
- Employer Paid Vision Plans
- Company Matched 401(k) Retirement Plan
- Flexible Spending Account
- Nationwide Pet Insurance
- Disability Insurance
- Generous holiday schedule with 13 paid Holidays
- Paid vacation and sick time
- Company Paid Life Insurance
- Employee Discounts
Why Work with Us?
Fairstead’s primary mission is to provide high quality housing to all regardless of income, and to make our stakeholders feel “Right at Home.” We accomplish this through an empathetic and innovative approach, and by utilizing our interdisciplinary platform as an investor, developer, owner, and operator. With a long-term commitment to its residents, communities, and partners, the Fairstead team stands out by:
Fairstead’s primary mission is to provide high quality housing to all regardless of income, and to make our stakeholders feel “Right at Home.” We accomplish this through an empathetic and innovative approach, and by utilizing our interdisciplinary platform as an investor, developer, owner, and operator. With a long-term commitment to its residents, communities, and partners, the Fairstead team stands out by:
- Listening to and understanding the needs of its residents, communities, partners, and stakeholders alike
- Developing and preserving high quality affordable housing in an innovative and sustainable fashion
- Creating a positive social and environmental impact within the properties and communities it serves
RESPONSIBILITIES:
- Process initial, annual, and interim recertification’s and calculate retroactive rent while conforming to HUD regulations and HPD guidelines.
- Calculate rents for annual and interim recertification.
- Identify households with income reporting discrepancies and make rent adjustments.
- Review applicant files and determine Section 8 eligibility.
- Follow LIHTC and Section 8 guidelines.
- Notify residents of upcoming recertifications.
- Schedule initial interviews for recertifications.
- Prepare third party verification forms.
- Maintaining residents’ files and paperwork.
- Review tenant ledgers for arrears.
- Performs other related duties as required.
Requirements
To perform the job successfully, the following skills and/or experience is required to qualify for the position.
To perform the job successfully, the following skills and/or experience is required to qualify for the position.
- Four (4) years recertification specialist experience.
- Must have experience in affordable housing - Section 8, LIHTC and HUD.
- Experience with EIV reports.
- Knowledge of HUD/Public Housing/Tax Credit policies and procedures.
- Detail oriented and the ability to operate on a deadline driven schedule.
- Possess strong organizational, analytical, and problem-solving skills.
- Notary Public is preferred.
- COS certification.
- Experience with MOR.
- Yardi experience.
- People skills and superior communication skills.
- Able to effectively present and information and respond to questions from management, vendors, and associates.
- Adhere to tight deadlines and quick turnaround for accounting deliverables.
- Ability to work collaboratively in a dynamic environment where adaptability is imperative.
- Accurate with a strong attention to detail.
- Proficient in Microsoft Office Suite.
Salary : $17 - $21
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