Compliance Specialist at Denver

The Compliance Specialist is responsible for the evaluation and monitoring of properties in an assigned region to assure compliance with applicable affordable housing programs.  Keeps current on all changes in regional affordable housing regulations and assists in the distribution of this information to Asset Management and Property Operations staff on a regional basis.

1. Keep current on all updates and changes in affordable housing programs and requirements.
 
2. Assure that Property Operations personnel in assigned region receive clear and concise written interpretations of changes.
 
3. Respond to compliance-related questions from Regional Property Operations personnel.
 
4. Implement file audit procedures in region(s) to ensure compliance with regulatory agreements for each property.  Duties include, but are not limited to:

  Ensuring that all tax credit project first year tenant files are 100% in compliance
  Ensuring that all tax exempt bond project first year tenant files are 100% in compliance
  Ensuring that HUD project tenant files are 100% in compliance
 
5. Schedule/coordinate all on-going file reviews and audits:

 File review: 

  Testing verification of tenant income for HUD, tax credit, and tax exempt bond projects
  Testing periodic tenant recertifications to ensure compliance with HUD, tax credit, and tax exempt bond requirements
  Verifying compliance with Fair Housing standards
  Verifying compliance with MSC policies and procedures

  Participating in annual staff workshops on changes to regulations, Fair Housing workshops and other in-service training determined to be appropriate by the Director of Compliance and Training

  Site evaluation:

 Periodic tours of property sites to monitor compliance with safe, sanitary housing standards
  Review of the periodic REAC physical inspections.  This will include follow up on corrective measures with Regional Property staff.
 
6. Work with Director of Compliance and Training and Property Supervisory personnel to develop action plans for non-compliant properties.
 
7. In consultation with the Property Supervisor, provide orientation and training to property managers.  This may include initial orientation of new staff as well as re-orientation of existing staff.
 
8. Responsible for regional deployment of additional compliance policies, procedures, and file documentation for HUD, tax credit, and tax exempt bond projects.

9. Assess and make recommendations to Property Supervisors regarding training needs for Property Managers consistent with Mercy guidelines.
 
10. Support Property Supervisors in developing and deploying corrective action plans based on internal or external audit findings.
 
11. Assure that all first year files from each property have been copied and filed in an “off-site” and/or central location.

 

Job Requirements:
Education:
Bachelor’s degree preferred or equivalent experience.  Current compliance certifications for HUD and tax credit preferred or ability to attain certifications within six months. 
 
Experience:
At least two years experience required in national/multi-regional property management, asset management, or housing regulatory organization/agency. 
Must possess a thorough knowledge of HUD, low-income housing tax credit, Farmers Home programs, and other affordable housing programs. 
Experience in the use of property management/compliance monitoring software preferred.  Preferably, ideal candidate will possess their COS and/or SHCM certifications.

Abilities:

Ability to read and interpret complex documents, such as regulatory agreements and compliance regulations.

Able to work as an effective member of a team and in a collaborative manner with staff, peers, and supervisor.

Ability to interpret and understand tenant file information.

Ability to communicate clearly both verbally and in writing, including the ability to provide technical assistance on complex compliance issues in a simple, straightforward manner.

Willingness to travel (approximately 15%), if necessary.

Ability to work in a complex and changing organization and adapt to changes in structures and work priorities.
Division/Department : Mercy Housing Management Group (MHM)
% of Travel Required : None
Open Date : 2014-01-03 13:00:00

Country: USA, State: Colorado, City: Denver, Company: Mercy Housing.