Affordable Housing Compliance Specialist (LIHTC & HUD) at Asset Corporate

Midland, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Jun, 26

Salary

0.0

Posted On

05 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Affordable Housing Compliance, LIHTC, HUD, File Review, Eligibility Verification, Regulatory Requirements, Policy Adherence, Regulation Monitoring, Tax Credit Reviews, Organizational Skills, Detail-Oriented, Computer Literacy, RealPage Onesite, Communication Skills

Industry

Real Estate

Description

Company Overview Asset Living is a third-party management firm and a proven partner in fostering thriving communities nationwide. Founded in 1986, Asset Living has decades of experience delivering exceptional value to our partners. Since the beginning, our undeniable passion has driven our organic growth from a small property management firm to one of the most trusted allies in real estate. Asset Living's growing portfolio includes a multitude of properties across the country that span the multifamily, single-family home rentals, affordable housing, build-to-rent, active adult, and student housing divisions. Asset Living is a fast-growing company made up of talented individuals from diverse backgrounds that differentiate us and help us drive innovation and results for our clients and communities across the US. At Asset Living, we wholeheartedly believe 'Together We Lead, Together We Succeed’. We empower each other to lead by example, collaborate, and evolve – inspired by our belief that we can continually improve as individuals and as an organization. Together, we create an environment where every voice is heard, every idea is valued, and every individual experiences opportunities to grow as our company grows. When you join Asset Living, you become part of a dynamic team that thrives on unity, unique talents, and a universal culture of winning. Recognized as one of the nation's Best and Brightest Places to Work and ranked in the NMHC top 50 professionals, join Asset Living because of its reputation as the most trusted partner in real estate, workplace culture, and growth opportunities. Asset Living is a member of The Institute of Real Estate Management (IREM) and is recognized as an Accredited Management Organization (AMO). Together, we lead the way, and together, we achieve excellence in all that we do. Join a workplace where success is a collective journey and leadership is a shared responsibility. Affordable Housing Compliance Specialist (LIHTC & HUD) The Compliance Specialist is responsible for reviewing Affordable Housing applications and ensuring they are eligible and compliant with applicable and current regulatory requirements. This opportunity specializes in HUD, as well as LIHTC. This role offers a hybrid work arrangement, combining remote work with travel to property locations across West TX as needed. Essential Duties & Responsibilities The review of Affordable Housing resident files for eligibility and compliance with all required laws. Review the files based on information presented by the applicants and ensure review of files within 24 hours of receiving. Adherence to all policies and procedures as set forth in the personnel manual. Monitoring changes in LIHTC regulations and requirements and implementing modifications as indicated. Attendance at DCA trainings annually. The requirement to attend HCCP training within the first two years of employment and include a passing score on the exam to receive the HCCP designation. Participates in all tax credit reviews by outside entities. Travel Requirement: This position entails travel, estimated at 50% of work time annually. Travel may be required for property visits, conferences, training sessions, or other business-related activities. Education & Experience Knowledge of the LIHTC & HUD programs required. Individuals in this position should possess strong organizational skills and a detail-oriented approach. Strong computer literacy skills are essential to this position, including RealPage Onesite Tax Credit software. Housing Credit Certified Professional certification a plus. If not already certified, the requirement to attend HCCP training within the first 2 years of employment and include a passing score on the exam. Good verbal and written communication skills are also required. This job description should not be considered all-inclusive. It is merely a guide of expected duties. The employee understands that the job description is neither complete nor permanent and may be modified at any time. At the request of their supervisor, an employee may be asked to perform additional duties or take on additional responsibilities without notice.

Responsibilities

The Compliance Specialist is primarily responsible for reviewing Affordable Housing resident files to ensure eligibility and compliance with current regulatory requirements, specializing in HUD and LIHTC programs. This includes reviewing files within 24 hours of receipt and monitoring changes in LIHTC regulations for implementation.