The Affordable Housing Compliance Specialist is responsible for maintaining compliance with Low Income Housing Tax Credit regulations.
Duties and Responsibilities:
Monitors changes in LIHTC regulations and requirements and implements changes as indicated;
Maintains tenant files of all NYC properties in compliance with LIHTC regulations;
Conducts interviews with tenants to determine eligibility and determines file readiness for preparation of the TIC;
Processes annual certifications and unit transfers;
Prepares recertification notification letters;
Prepares monthly, quarterly and annual reports for tax credit syndicators and funding sources;
Participates in LIHTC reviews by outside entities;
Performs internal audits of tenant files;
Participates in initial lease-up of new properties;
Possesses knowledge of the Federal Fair Housing Act, Section 504 of the Rehabilitation Act, and the Americans with Disabilities Act. Annual training in these areas is required;
Attends trainings as required (including Relias Learning). Successful completion of LIHTC training including a passing score on the exam;
Attendance at weekly supervision meetings and departmental meetings, as scheduled;
Remain current with all Agency required compliance documents and trainings;
Additional tasks as required.