Here is an excellent career growth opportunity for current Residential Property Managers in the Affordable Housing Sector! This job is open to individuals with two-to-three years of property management experience in Tax Credit/LIHTC Properties, particularly those who have directly conducted Annual Re-Certifications (ARs) and Move-Ins.
JOB DESCRIPTION:
Helps ensure Compliance with the Low-Income Housing Tax Credit (LIHTC) Program and other state and local funding programs for Affordable Housing.
Monitors sites for Regulatory and Company Policy Compliance.
Provides support at each of the Company's Affordable Housing properties with on-site visits, and helps address Compliance issues.
Utilizes knowledge of local, state and federal laws and regulations relevant to affordable multi-family housing development, Housing Tax Credits program to evaluate projects and provide assistance to ensure property managers are compliant.
Understands and supports the Company's Mission and Core Values.
RESPONSIBILITIES:
Prepares and submits Annual Income Re-Certifications (A/Rs) and all new Move-In Files, as mandated by various programs such as HOME, LIHTC, etc.
Conducts on-site reviews of projects whose funding sources consists of Tax Credit, Tax Exempt Bonds, CalHFA, and other private and public sources.
Verifies Compliance with rules and regulations of various funding sources, Fair Housing standards and the Company's Policies and Procedures.
Ensures Compliance with income limits and maximum allowable rent that are imposed by funding sources and regulatory agreements.
Assists the Compliance Manager/Supervisor and Compliance Team with the implementation of policies, procedures and processes, along with quarterly reports for properties financed with tax-exempt bonds.
Implements Audit Calendar to ensure timely completion of A/Rs by deadline.
Establishes and implements Weekly File Audit Schedule to include detailed follow up report.
Provides weekly update on completed and outstanding A/Rs.
Provides Compliance-related consultative services to site managers and their administrative staff, while serving as a "role model" for the on-site team.
Maintains YARDI database and ensures that on-site staff are kept current on YARDI procedures and updates.
Ensures regular and predictable attendance.
Attends to other duties, as assigned.
QUALIFICATIONS:
One to three (1-3) years of experience as a Residential Property Manager at an Affordable Housing (Tax Credit) Property, involving the preparation and submission of Annual Income Re-Certifications (A/Rs) and Move-In Files.
High School Graduate, preferably with two years of college (Associate Degree).
Basic knowledge of LIHTC (Tax Credit) Compliance.
Basic knowledge of Fair Housing laws, relevant California statutes and local rent control laws as they apply to the leasing and occupancy of Tax Credit Affordable Housing.
Proficient in YARDI, along with Microsoft Word, Excel and Outlook, and able to use technology and software to improve processes and enhance efficiencies.
COS (Certified Occupancy Specialist) or CPO (Certified Profession of Occupancy) preferred, but not required.
Other certifications, such as TCS (Tax Credit Specialist), SCS (Site Compliance Specialist) or SHCM (Specialist in Housing Credit Management), are also preferred, but not required.
Has a Valid Driver's License and a Reliable Vehicle with current California Vehicle Insurance in the Applicant's Name.
Detail-oriented and highly-organized. Able to work on multiple projects simultaneously and prioritize to meet deadlines.
Able to stay calm and provide excellent customer service at all times, both externally and internally.
Excellent written and verbal communication skills.
Committed to continuous learning to maintain up-to-date knowledge of rules and regulations.
WORK ENVIRONMENT:
The essential responsibilities of this position are performed in a busy office environment. This position requires that you must be able to keep focused and maintain a pleasant and professional attitude in an environment with many interruptions and distractions.
TRAVEL REQUIREMENTS:
Frequent car travel to visit Community properties. Additional travel may be required to visit colleagues at other agencies or to participate in training programs and/or conferences.
