Set the overall compliance strategy and property-level compliance standards for the company’s portfolio, ensuring adherence to LIHTC, HUD, Section 8, HOME, and other affordable housing programs and provide strategic leadership to the compliance and leasing teams within the organization’s property management partners.
Manage and lead a high-performing team of compliance professionals; define roles, workloads and quality expectations, and provide coaching and performance management.
Develop and implement compliance policies, procedures, and tools to ensure all properties meet local, state, and federal affordable housing regulations.
Lead the development and delivery of compliance training programs for internal staff, property managers, and external partners.
Design and oversee a risk-based program for internal compliance audits including periodic reviews of resident files, ensuring that occupancy, income certifications, and rent restrictions meet program requirements.
Review and approve compliance-related components of new acquisitions and resyndications (e.g., unit mix, set-asides, income limits) and support lease-up compliance strategies for new projects.
Serve as the primary point of contact for regulatory agencies, including state housing authorities, HUD, and other affordable housing program administrators.
Identify property-level compliance risks and develop strategies to mitigate those risks.
Provide regular updates and reports to senior leadership on compliance activities, audit results, and risk mitigation strategies.
Stay informed of changes to affordable housing laws and regulations, and ensure the company’s policies and procedures reflect those changes.
Requirements
Bachelor’s degree required; advanced degree or relevant professional certifications in housing, real estate, or compliance preferred.
Minimum of 8-10 years of experience in LIHTC and affordable housing compliance, with 3-5 years in a leadership role managing a compliance team.
Experience leading and developing compliance teams within a multifaceted housing organization
Strong understanding of federal, state, and local laws related to affordable housing, fair housing, and tenant-landlord relations.
Proven track record of successfully navigating audits and regulatory inspections.
Excellent analytical and communication skills with the ability to interpret complex regulations into practical guidance and tools for onsite teams.
Strong track record of leading cross-functional initiatives with property management, asset management, development, and IT to improve compliance processes and systems.
Highly organized, with strong attention to detail and the ability to manage multiple projects simultaneously.
Proficiency in affordable housing compliance and project management software (e.g., Yardi, RealPage)
LIHTC Certification and/or additional housing certifications preferred (HCCP, COS or equivalent)