Tax Credit Compliance Specialist

Overview A multifamily housing Tax Credit Compliance Specialist ensures that affordable housing properties adhere to federal, state and local regulations. This involves monitoring tenant eligibility, verifying income documentation, and conducting audits to maintain compliance with programs like regulations of LIHTC, HUD, Section 8, and County Affordable Programs. They work with property managers, government agencies, and tenants to ensure adherence to guidelines, prepare reports, and interpret regulations. This position offers an opportunity to work in a dynamic environment where precision and compliance are paramount.

Job Requirements:

Manage site-level compliance by reviewing new applicant certifications and completing re-certification paperwork as required Review household certifications for all Affordable properties to ensure they're compliant Training personnel on preparing income certifications and re-certifications for both Project Base Section 8 and Federally Assisted properties Review and approval of all move-in certifications, as well as quarterly review of annual re-certifications for project base Section 8 properties Monitor and report past due recertifications Address compliance training and support needs for site staff Assist in generating all year-end building status reports for tax credit properties and ensure all electronic reporting is completed each year Assist in monitoring correct usage of income and rent limits as well as utility allowances This is a roving position which will cover our communities in Prince George's and Montgomery County, MD.

Skills Required:

Minimum 3 years-experience in compliance of affordable Section 8 and LIHTC multifamily housing properties HCCP, SHCM, C3P, COS, CPO, BOS or equivalent required Strong written and verbal communication skills Proficient in Microsoft Word, Excel and Outlook Strong knowledge of Section 8 regulations Strong knowledge of the

IRS 8823

Guide as well as the HUD Manual 4350.3 Formal training and/or certification in related field required (COS or CPO) Ability to work in a fast-paced environment Ability to take charge and ownership of projects; self-starter and independent worker Experience working in Yardi software program preferred

Job Type:

Full-time Pay:

Up to $80,000.00 per year

Benefits:

401(k) matching Dental insurance Health insurance Paid sick time Paid time off Vision insurance

Work Location:

On the road