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Subsidy Payment Specialist

Missouri Housing Development Commission
St. Louis, MO Full Time
POSTED ON 4/4/2025
AVAILABLE BEFORE 5/4/2025

Description

Subsidy Payment Specialist

Full-Time Position

Annual Base Salary Range : $54,000 - $61,000

OVERVIEW

Missouri Housing Development Commission (MHDC) is the Housing Finance Agency for the state of Missouri. MHDC is responsible for administering numerous federal and state affordable housing-related programs targeted to Missourians with extremely-low to moderate incomes. MHDC works with many partners and stakeholders throughout the state of Missouri to fulfill MHDC's mission and goal to increase the availability of affordable housing through three main programmatic areas of affordable housing supply and demand needs : (1) Affordable Housing Development; (2) Single Family Homeownership; and (3) Homelessness Assistance.

CULTURE

MHDC is a mission-driven organization providing affordable housing opportunities for extremely-low to moderate income Missourians. The organization offers a rewarding career in public service by providing the opportunity for dynamic, impactful and fulfilling work serving individuals and families across the entire state. MHDC is a relatively small organization with fewer than 150 staff and maintains a high staff retention rate. In recent years MHDC has embraced the transformation in the way work is completed and how organizations function. MHDC values staff input throughout exciting organizational improvements.

BENEFITS

MHDC strives to be an employer of choice and offers competitive pay, flexible scheduling, life balance including time off, casual dress code, downtown location with paid parking, and extensive benefits. In addition, MHDC is a governmental employer, which may provide qualifying employment for the Public Service Loan Forgiveness Program (PSLF). Below are just some of the benefits that MHDC is able to offer to full-time employees :

  • Hybrid Teleworking-eligible position after 90 days (minimum 2 days a week in office)
  • Telework Technology and Equipment Provided
  • Health Insurance with Immediate Coverage
  • Flexible Work Schedule
  • State of Missouri Pension
  • Paid Covered Downtown Parking
  • Prime Downtown Location
  • Tuition Reimbursement
  • Immediate Time-off Accrual and Use

3 Weeks Paid Time-off (annually)

  • 3 Weeks Paid Time-off (medical)
  • 13 Paid Holidays (annually)
  • 6 Weeks Paid Parental Leave
  • Paid Professional Licensure / Fees / Continuing Education
  • Paid Professional Development Opportunities
  • COMPENSATION

    Low High

    Annual Base Salary $54,000 $61,000

    Annual Benefits Value $44,307 $48,264

    TOTAL COMPENSATION VALUE :

  • 98,307 $109,726
  • Actual total compensation is based on benefits elections.
  • Requirements

    WORKING REQUIREMENTS

  • Hybrid Teleworking-eligible position after 90 days
  • In-office (up to full-time) in the St. Louis, Missouri office
  • ROLES AND RESPONSIBILITIES

    The MHDC Subsidy Payment Specialist will support the Project Based Section 8 administration with analyzing, transmitting, reconciling payments.

    ESSENTIAL DUTIES

  • Reconcile monthly Housing Assistance Payments (HAP) vouchers to identify any errors or discrepancies and prevent overpayments.
  • Review and interpret Project Based Section 8 Monthly Activity Transmissions from developments and properties to ensure compliance with HUD and MHDC rules, regulations, and guidelines.
  • Communicate with developments to obtain and clarify information to resolve any content, error, or discrepancy issues.
  • Prepare monthly reports to meet contractual agreement between MHDC and HUD.
  • Analyze and find resolution to any billing discrepancies.
  • Maintain a working knowledge of how to input / retrieve data into / utilizing various computer systems.
  • Attend and actively participate in meetings and training programs as directed.
  • Assist employees, vendors, state agencies, departments, divisions and organizations in a friendly and efficient manner.
  • Maintain and protect confidential information.
  • Conduct self in a professional manner and project a positive image of the agency at all times through communications, attitude, and appearance.
  • Comply with any reasonable request of any member of management.
  • Perform other related duties as assigned.
  • Salary : $54,000 - $61,000

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