What are the responsibilities and job description for the Senior Director HUD Compliance position at L+M Development Partners?
C C Apartment Management LLC is recognized as an industry leader in management and real estate operations. Our team manages the day-to-day operations of over 23,000 residential dwelling units across approximately 400 multi-family buildings throughout the New York Tri-state area. The C C portfolio contains market rate, mixed market rate, affordable and full tax credit / affordable properties.
Our mission is to provide exceptional property management services that meet the diverse needs of our various constituents, including our residents, the local community, government and financing agencies, and the owners of the properties. C C offers a full breadth of management services to improve and enhance a property's revenue, cost control measures, maintenance, financial reporting, and resident relations.
Areas of Responsibility and Job Requirements
Ensure compliance with all regulatory requirements for a mix of sites that include both Section 8 and LIHTC units.
Responsibilities include, but are not limited to :
- Ensures the department follows Section 8 and / or LIHTC program administration requirements.
- Formulates new policy and procedures in accordance with HUD releases and guidelines.
- Partners with the Development and Acquisition business concerns related to HUD regulations and requirements.
- Ensures initial certifications process / procedure for HUD & LIHTC combo preservation deals are delivered on time and in compliance with HUD & LIHTC regulatory agency guidelines.
- Evaluates and re-structures the Specialist based on properties and unit count.
- Aids in interpreting requirements per regulatory agreements.
- Reviews Compliance Coordinators and on-site HUD Compliance Specialists work (i.e. - TICs prior to agency audits and responses).
- Responsible for the timely submission of "Annual Owners Certifications" to monitoring agencies.
- Reviews and ensures the timely completion of recertifications of on-site HUD Compliance Specialists monthly.
- Conducts random in-house audits of the files to check for readiness and accuracy.
- Primary point of contact for various investors, syndicators, and monitoring agencies audits and / or requests for HUD & LIHTC combo properties.
- Reviews and upload files for desk audits.
- Reviews lease charge discrepancies and provide analysis / corrective actions to Lease Renewal Manager and Accounting.
- Provides guidance to various departments within the organization regarding HUD.
- Conducts weekly and bi-weekly meeting held with team to ensure compliance with all day-to-day tasks.
- Works with the Yardi team to ensure the compliance functions are used and units are mapped correctly.
- Prepares HAP rent increases and contract renewals.
- Approves timesheets and paid time off request for the HUD Compliance Managers and on-site Compliance Specialists.
- Assist in reviewing on-site HUD Compliance Specialists and HUD Property Managers work (i.e. -50059, TIC & Leases) prior to agency audits and responses.
- Provide guidance to various departments within the organization.
- Assists in lease-ups in areas other than NYC
Minimum Education Requirements :
Minimum Years of Experience Required :
Additional Knowledge, Skills and Abilities :
C ompetencies / Essential Job Functions :
This position consists mainly of sedentary work. The position may require exertion of up to 10 pounds of force occasionally and / or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. The role involves sitting most of the time.
The incumbent is required to have close visual acuity to perform activities such as : viewing a computer; extensive reading and visual inspection involving small defects. The incumbent is also required to have visual acuity to determine the accuracy, neatness, and thoroughness of the work assigned or to make general observations of facilities or structures.
Work Environment
The incumbent may occasionally be subject to environmental conditions (protection from weather conditions, but not necessarily from temperature changes.
The incumbent may occasionally be subject to noise sufficient to cause the worker to shout in order to be heard above the noise or vibration.
Other Duties :
Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of this position. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities of this position at any time with or without notice.
Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of this position. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities of this position at any time with or without notice.
C C offers competitive compensation and benefits and tremendous potential with a growing residential real estate developer / builder organization.
C C is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Other details
Apply Now