What are the responsibilities and job description for the Compliance Coordinator position at Prospera Housing Community Services?
Job Description
Job Description
Description : POSITION SUMMARY :
Performs compliance activities for all properties within the Prospera portfolio to maintain and ensure compliance with all affordable housing programs, as well as investor, lender and owner requirements. Gathers, reviews and audits resident files and other property documentation and submits necessary reports per requirements set forth for each property. Provides support to on–site and corporate personnel to ensure compliance requirements are met for each property.
ESSENTIAL FUNCTIONS :
Review initial and annual tax credit certifications completed by on-site staff of assigned properties. Review supporting verifications to determine proper documentation of sources of income and expenses and accurate completion of Form 50059 and or TIC forms.
- Conduct periodic quality control review of resident files as directed by Compliance Manager.
- Provide technical support to on-site Property Managers and other staff of assigned properties in the preparation of all compliance related forms and documents.
- Prepare quarterly and / or annual compliance reports to regulatory agencies, owners, investors and lenders, including demographic information as required by respective loan documents and contracts. Provide reports for Compliance Manager final approval.
- Prepare and submit Desk Review documents required by HUD / contract administrator, TDHCA, other local regulatory entities, and investors / lenders prior to on-site inspections, and prepare responses to regulatory agencies in response to on site inspections. Provide reports for Compliance Manager final approval.
- Provide education and feedback to on-site staff and corporate personnel. Communicate updates with regards to any changes in policies and procedures that need to be implemented at the site for compliance.
- Assist in updating Federal and State required forms, including, but not limited to Affirmative Fair Housing Marketing Plan.
- Process security deposit disposition forms as assigned and assists Property Managers in processing Project-Based Section 8 HAP Vouchers.
- Punctuality, timeliness and adherence to the specified work schedule and office hours are required. Additionally, must actively perform and complete duties on a daily / weekly / monthly basis, or as otherwise directed by management.
KNOWLEDGE, SKILLS AND ABILITIES - GENERAL PERFORMANCE :
Ability to compose written responses to audits and owner requests.
Requirements :
EDUCATION AND EXPERIENCE REQUIRED :
PHYSICAL AND MENTAL REQUIREMENTS :
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.