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AH
Affordable Housing Alliance Inc
Affordable Housing Compliance Manager, Property Management
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What they do
A Compliance Manager tracks employer compliance with laws and regulations, particularly for organizations in business and health care. Creates company policies, reviews departmental functions and protocol, follows developments in law and regulations affecting the industry
$164,348 / year median in New Jersey
+3% projected growth
Job Description
JOB TITLE
Affordable Housing Compliance Manager, Property ManagementREPORTS TO
Director of Property ManagementFLSA STATUS
Exempt This document is intended to describe the general duties required for this position. It is not intended to serve as an exhaustive list of duties, skills and responsibilities. About the AHA Founded in 1991 to address the overwhelming need for affordable housing in Monmouth County, the Affordable Housing Alliance (AHA) has grown from a small $25,000 grant into a multi million dollar housing development and social service agency. In our decades of service, the AHA has developed over 600 units of affordable housing around Monmouth County with a strong pipeline fueling future growth. We continue to own and manage over 400 units across 18 properties, including traditional multi-family affordable developments, a manufactured home park, group homes, single family homes, and supportive units for those formerly homeless. Our passionate team of difference-makers guides residents through every step of the housing journey- from homelessness prevention and rental assistance, to homebuyer education and foreclosure counseling, and residential services.
- We demonstrate honesty and unwavering ethical conduct in all of our actions. At the AHA, we build trust through transparency and hold ourselves accountable to the highest standards. Hope
- We meet each person where they are in their unique journey with genuine understanding. By offering tangible assistance, we nurture hope and empower individuals to build their path forward. Adaptability
- We embrace change as an opportunity to innovate and grow stronger. At the AHA, we respond dynamically to evolving community needs, turning challenges into possibilities for those we serve. Community Service
- We dedicate ourselves to uplifting others and improving lives through meaningful action.
Job Summary:
The Compliance Manager ensures that the AHA's affordable housing portfolio meets all regulatory, funder, and program requirements with precision and consistency. This role demands an exceptionally organized and detail-oriented professional who can manage complex documentation, deadlines, and reporting obligations across multiple funding sources without anything falling through the cracks. The Compliance Manager safeguards the AHA's standing with regulators and funders by maintaining accurate records, monitoring tenant eligibility and income certifications, and ensuring full adherence to New Jersey affordable housing program rules. This position will be focused on the lease-up of a new affordable housing development in Millstone Township, New Jersey, for the first 7 months to a year. During the lease-up phase, the successful candidate will work under the direct supervision of the AHA's compliance consultant. The Compliance Manager, under the direct supervision of the Compliance Consultant will be responsible for building and managing the applicant waitlist, processing applications, verifying eligibility, completing initial tenant certifications, and ensuring every file meets LIHTC and program standards from day one. Once the property is successfully leased and stabilized, the role will transition into a portfolio-wide Compliance Manager position, supporting the entire property management team across all of the AHA's developments. However, for purposes of compliance at the property in Millstone, the Candidate will continue to work under the direct supervision of the Compliance Consultant.ESSENTIAL FUNCTIONS/DUTIES
Millstone Commons Lease up and Compliance Months 1-7 (or until initial lease up is complete) under the direction of AHA's LIHTC compliance consultant:Lease-Up Management:
Participate in initial lease-up of the new Millstone Township development, including waitlist management, application intake, applicant screening, income verification, and completion of initial tenant certifications in accordance with program requirements.LIHTC Compliance:
Under the direction of AHA's Compliance Consultant, ensure full compliance with the Low-Income Housing Tax Credit (LIHTC) program, including tenant eligibility determination, income and asset certification, recertification schedules, rent and utility allowance compliance, and unit set-aside requirements. Post Millstone Commons Lease upLIHTC Program Compliance:
With direct oversight from AHA's compliance consultant- monitor and maintain compliance for
Millstone Commons Program Compliance:
Monitor and maintain compliance for AHA's non- LIHTC affordable housing portfolio across all applicable affordable housing programs, including those administered by DCA, HMFA, HUD, and other funders and oversight entities.