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Compliance Specialist - Affordable Housing - Princeton, NJ

MODERATE INCOME MANAGEMENT
Princeton, NJ Full Time
POSTED ON 6/14/2024 CLOSED ON 7/8/2024

What are the responsibilities and job description for the Compliance Specialist - Affordable Housing - Princeton, NJ position at MODERATE INCOME MANAGEMENT?

Job Summary:

We are seeking a dedicated Compliance Specialist to assists in the administration of HUD, HOME and Tax Credit certifications and various other compliance-based administrative functions of assigned Properties.

The ideal candidate will have a strong background in property management compliance and possess knowledge of various regulations such as LIHTC, Section 8, and Fair Housing.

Responsibilities:

· Coordinates eligibility reviews and intake process with eligible applicants.

· Reviews all application and certification paperwork and either approve/deny applicants based on specific program compliance;

· Prepares residential leases and tenant income certifications;

· Maintains HUD-compliant waitlists;

· Prepares for and participate in annual compliance audits by state and local agencies;

· Ensures timely and accurate tenant recertification in accordance with property-specific program requirements;

· Maintains compliance with EIV and other HUD compliance protocols;

· Works with Property teams to set goals to ensure all properties are kept to occupancy manual standards.

· Coordinates and assists with preparation in facility inspections, both internal and external;

· Coordinates and assists with apartment inspections as required.

Administration:

· Maintains occupancy and rent collection targets.

· Posts rent payments for each site, including tenant payments, subsidy checks, and other payments.

· Monitor Accounts Receivable for each site, and assist the property accountant in initiating collections activities, including legal action for non-payment.

· Provides periodic reports to management with respect to site-specific occupancy and tenant certifications.

· Assists in the preparation of monthly, quarterly and annual reports required by various programs or government entities, ensuring all deadlines are met.

· Creates and tracks invoices for third-party vendors and providers to ensure timely payment.

· Serve as back-up for Property staff during absences and/or during peak work periods

Required Skills/Abilities:

  • Excellent written and oral communication
  • Exceptional customer service skills
  • Accuracy and attention to detail
  • Able to travel between assigned Properties and the Management office

Required Education / Experience:

  • High school diploma or equivalent
  • 3 year of Property or Compliance Management, affordable preferred
  • Working knowledge of the NJHMFA and HUD regulations
  • Knowledge of YARDI or similar property management software
  • Proficient in Microsoft Office

Job Type: Full-time

Pay: $50,000.00 - $55,000.00 per year

Benefits:

  • 401(k)
  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Schedule:

  • 8 hour shift

Work Location: In person

Salary : $50,000 - $55,000

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