HUD/LIHTC Compliance Manager

HUD/LIHTC

Compliance Manager Foshee Residential Management Company - 3.6 Birmingham, AL Job Details Full-time From $65,000 a year 1 day ago Benefits Mileage reimbursement Paid holidays Health insurance Dental insurance 401(k) Paid time off Vision insurance 401(k) matching Life insurance Referral program Qualifications Property management tools LIHTC Housing and Urban Development (HUD) regulations Yardi English Microsoft Office Driver's License Bachelor's degree Real Estate Training & development Full Job Description

• Job Opportunity:

  Property Manager at Foshee Residential Management Company, LLC
• We were founded in the 1970's so, we've been around the block.

In fact, we developed the block, built the block, managed the block and re-designed the block. What started as a one-man shop has become a not-so-small family business. We're bigger now, but we continue to believe in the power of community. We've curated hundreds of properties across the southeast- Find your community with Foshee Residential. Foshee Residential Management Company, LLC ("Foshee") is excited to announce a fantastic opportunity for a dedicated and skilled

HUD / LIHTC

Compliance Manager to join our team! If you have a strong work ethic, a passion for excellent customer service, and a commitment to maintaining a professional image, we would love to hear from you. Essential Job Functions.

Compliance Oversight:

• Monitor compliance with LIHTC (Section 42), HUD, Rural Development, and other affordable housing program regulations across assigned portfolio.
• Ensure adherence to income limits, rent restrictions, utility allowances, and eligibility requirements
• Interpret and implement changes in federal and state regulations

File Audits & Reporting:

• Conduct initial, annual, and periodic file audits for resident eligibility and continued compliance
• Review tenant files for completeness, accuracy, and audit readiness
• Prepare and submit required compliance reports to agencies, investors, and owners
• Prepare monthly HUD vouchers, submit to TRACS and coordinate any corrections within the Contract Administrators deadline. Training and Support
• Provide training and guidance to Regional Managers, Property Managers, and site staff on compliance procedures
• Develop and maintain compliance policies and best practices
• Answer site-level compliance questions and troubleshoot issues

Agency and Investor Relations:

• Serve as primary liaison with state housing finance agencies, HUD representatives, and compliance auditors
• Coordinate and respond to audit findings, MORs, and file review corrections
• Ensure timely completion of corrective actions

Policy and Process Management:

• Develop, maintain, and enforce company compliance policies and procedures
• Ensure consistency in application of compliance processes across the portfolio

Risk Management:

• Identify compliance risks and proactively implement corrective measures
• Track non-compliance issues and ensure resolution within required timeframes
• Support due diligence for new acquisitions and lease-ups Qualifications /

Experience Necessary:

Education - Bachelor's degree in Business, Finance, Real Estate, or related field preferred or equivalent degree and job-related experience. Years of Experience - 5-7+ years of affordable housing compliance experience. Certifications/Licensure - Must have strong knowledge of LIHTC (Section 42), HUD programs, and Rural Development. Certifications required are HCCP, COS and TCS. Computer Skills - Proficient in MS Office and property management/compliance software (Yardi, OneSite, etc.)

Physical Demands:

While performing the duties of this job, the employee is regularly required to stand, walk, sit, use hands, reach with hands and arms, and talk or hear. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Benefits:

BCBS Medical and dental insurance Life insurance 401k plan and matching Paid time off Paid holidays

Pay Range:

Varies depending on experience

About Foshee Residential Management Company, LLC:

Foshee Residential Management Company is a Montgomery, AL based real estate firm specializing in multifamily management. We are proud to be an Equal Opportunity employer. Qualified applicants will receive consideration for employment without regard to race, sex, disability, veteran, or other protected status.

Job Type:

Full-time Pay:

From $65,000.00 per year

Benefits:

401(k) 401(k) matching Dental insurance Health insurance Life insurance Mileage reimbursement Paid time off Referral program Vision insurance

Education:

Bachelor's (Required)

Experience:

Affordable housing compliance: 5 years (Required)

LIHTC:

5 years (Required)

HUD:

5 years (Required)

Rural Development:

5 years (Required)

Language:

English (Required)

License/Certification:

HCCP (Required) COS (Required) TCS (Required) Driver's license (Required)

Work Location:

Remote