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Compliance Specialist

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Company Description

*Hiring Bonus* This position is eligible for a $2,000 hiring bonus. Apply to learn more!

The mission of the Housing Authority of the City of Aurora (AHA) is to develop and promote quality housing while supporting and encouraging economic opportunities leading to self-sufficiency and independence. AHA accomplishes this mission by providing affordable or subsidized housing at 9 different properties, administering approximately 1200 vouchers (HCV, FUP and VASH) and offering 2 homeless programs with case management. Given this role, AHA was asked to be the fiscal agent and administrator of the City of Aurora’s homeless plan, Aurora@Home.

AHA is a friendly, confident work environment in which the open exchange of ideas and information is encouraged. At AHA, we know that our reputation is built upon the acts of each employee.

AHA offers a competitive compensation and benefits package including health and dental insurance, 3 weeks of vacation after 2 years of service, 12 paid holidays per year, STD/LTD and a 401(k) retirement plan.

AHA is an Equal Opportunity Employer.

Job Description

Position is responsible for ensuring that properties managed or owned by AHA are in compliance with various State and Federal funding programs. Programs include but are not limited to LIHTC, Section 8, HOME, CDBG, RTC and any other Affordable Housing Program.

1. Stay current on changes/modifications to various funding programs utilized for Affordable Housing

2. Ensure that resident/applicant files are in compliance under the security guidelines that are governed by HUD/IRS and AHA policy.

3. Prepare required reports and ensure accurate and timely completion of all reports requested from oversight agencies, investors or partners.

4. Prepare for and participate in the Management and Occupancy Reviews conducted by various oversight, funding, and investment partners at the property sites.

5. Prepare information required by Compliance Coordinator to process monthly HAP (Housing Assistance payments) vouchers to CHFA (Colorado Housing Finance Authority).

6. On a per-action basis, enter data immediately into the web-based occupancy reporting systems.

7. Audit applicant and resident files on a daily basis to ensure program compliance.

8. Bring non-compliance issues to the attention of the Compliance Coordinator for corrective actions. OME, CDBG, RTC and any other Affordable Housing Program.

Qualifications

Requires 2 year experience working with real estate funding programs, financial eligibility determination, or other funding programs or 2 years experience working on site at a Tax Credit or Project Based Section 8 property.
Solid knowledge of LIHTC, Section 8, HOME, CDBG and their compliance requirements LIHTC (Low-Income Housing Tax Credit) and Project Based Section 8 certifications.
Demonstrated knowledge of Fair Housing regulations and rules. Strong working knowledge of computers and office software: Word, Excel, and Outlook Effective written and verbal communication skills with the ability to communicate with various levels of AHA personnel as well as outside asset managers, governmental oversight staff, and investment partners.
Detail-oriented approach to compliance.
Self-motivated with ability to work independently
Maintain the integrity of compliance, rules, and regulations, while working collaboratively with co-workers.
Multi-family Housing experience is strongly preferred

Additional Information

Starting salary for this job is between $65,000 - $70,000 per year, depending on experience.

Average salary estimate

$67500 / YEARLY (est.)

min

max

$65000K

$70000K

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What You Should Know About Compliance Specialist, Aurora Housing Authority

The Housing Authority of the City of Aurora (AHA) is excited to announce an opportunity for a Compliance Specialist in Aurora, Colorado! In this crucial role, you will ensure that our properties are in alignment with various state and federal funding programs such as LIHTC, Section 8, and HOME, while actively supporting our mission to provide quality affordable housing. If you have a knack for detail and are well-versed in compliance regulations, this could be the perfect fit for you! You will be responsible for staying updated with the latest changes in funding programs, ensuring resident and applicant files meet stringent security guidelines, and preparing detailed reports for oversight agencies. Your auditing skills will shine as you monitor files daily to address any non-compliance issues. We are looking for someone with at least two years of experience working with real estate funding programs. Familiarity with Fair Housing regulations and a strong command of Microsoft Office will be essential for your success in this role. At AHA, we create a welcoming and collaborative environment where your contributions directly impact our community’s housing landscape. Plus, we offer a competitive salary between $65,000 and $70,000 annually, along with a $2,000 hiring bonus, generous benefits, and opportunities for professional growth. Join us and help promote self-sufficiency and independence within our community through your compliance expertise!

Frequently Asked Questions (FAQs) for Compliance Specialist Role at Aurora Housing Authority

What are the responsibilities of a Compliance Specialist at the Housing Authority of the City of Aurora?

As a Compliance Specialist at the Housing Authority of the City of Aurora, your primary responsibilities include ensuring compliance with various state and federal funding programs like LIHTC and Section 8. You'll conduct audits on resident files, prepare reports for oversight agencies, and stay current with any modifications to funding requirements. Your role is pivotal in maintaining the integrity of our affordable housing programs while collaborating with AHA personnel and outside partners.