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Low-Income Housing Tax Credit (LIHTC) Compliance Specialist

Kansas City, Kansas Housing Authority
Kansas, KS Full Time
POSTED ON 12/9/2024
AVAILABLE BEFORE 1/27/2025

The Low-Income Housing Tax Credit (LIHTC) Compliance Specialist is responsible for ensuring that affordable housing properties adhere to LIHTC regulations, income restrictions, and other compliance standards. This role includes monitoring tenant eligibility, reviewing documentation, and providing ongoing compliance support to ensure properties remain in accordance with federal, state, and local housing laws.

ESSENTIAL FUNCTIONS:

The duties listed below illustrate of the various types of work that may be performed. The omission of specific statements regarding duties does not exclude them from the position if the work is similar, related, or a logical assignment in association with this position. Undertakes and performs the following and all other work-related duties as assigned.

Ensure properties comply with LIHTC rules and regulations, including income and rent limits, tenant eligibility, and use restrictions.

Conduct periodic audits of tenant files to verify compliance with LIHTC and other applicable programs.

Review lease agreements, income certifications, and other tenant documentation for accuracy and compliance.

Prepare and maintain accurate records, including tenant files, certifications, and property compliance reports.

Submit annual compliance reports to state and federal agencies as required.

Track rent schedules, utility allowances, and monitor compliance deadlines.

Manage the certification and recertification process for residents to ensure continued compliance with LIHTC income limits.

Assist residents with completing required forms and submitting supporting documentation.

Provide ongoing support to property management staff in completing tenant eligibility determinations.

Serve as a resource for property managers regarding LIHTC requirements, changes in regulations, and compliance-related issues.

Coordinate and prepare for annual audits and physical inspections conducted by state housing agencies or third-party auditors.

Address any non-compliance issues discovered during audits and work with relevant parties to implement corrective actions.

Job Type: Full-time

Expected hours: No less than 40 per week

Benefits:

  • Dental insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Mileage reimbursement
  • Paid time off
  • Professional development assistance
  • Retirement plan
  • Vision insurance

Schedule:

  • Day shift

People with a criminal record are encouraged to apply

Work Location: In person

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