Affordable Property Compliance Specialist Hybrid Position

The Affordable Property Compliance Specialist at Investment Property Group is tasked with ensuring compliance with federal, state, and local housing program regulations. This includes conducting file reviews, verifying resident eligibility, and providing compliance training to staff members. You'll be the key point of contact for regulatory agencies and property managers, promoting efficient housing program operations and maintaining documentation standards.

To qualify for the Affordable Property Compliance Specialist position at Investment Property Group, candidates should possess 3-5 years of experience in affordable housing compliance management. A deep understanding of regulations like Project-Based Section 8 and Low Income Housing Tax Credit is preferred. Additionally, certifications such as AHM, HCCP, and CPO significantly enhance your eligibility for this role.

The hybrid work schedule for the Affordable Property Compliance Specialist at Investment Property Group allows for flexibility. You will be required to be on-site at Aspen River Park Apartments in Newark, NJ, on Wednesdays and Thursdays. On the remaining days, you can work remotely or travel to other properties as needed, making it a great balance between in-office and remote work.

As an Affordable Property Compliance Specialist at Investment Property Group, you can look forward to a range of benefits, including medical, dental, and vision coverage, a robust 401K plan, and four weeks of paid time off. The company also offers a Health Savings Account, a referral program, and a supportive company culture to enhance your work experience.

Successful Affordable Property Compliance Specialists at Investment Property Group exhibit meticulous attention to detail, strong organizational skills, and excellent verbal and written communication abilities. An understanding of Fair Housing Laws and the capacity to manage regulatory complexities effectively are also crucial. Additionally, familiarity with compliance tracking systems like Yardi is beneficial.

To ensure compliance with affordable housing regulations, it's crucial to maintain a systematic approach to documentation and regular audits. I would establish a detailed compliance checklist based on the specific regulations relevant to the properties, conduct educational training for staff, and leverage technology for tracking compliance effectively.

In my previous roles, I have worked closely with Section 8 and LIHTC programs. I have assisted in the application process for these programs, verified tenant eligibility, and conducted compliance audits to ensure adherence to the relevant regulations. This experience has provided me with a strong foundation in the essential requirements and responsibilities associated with these programs.

One major challenge is keeping up with the evolving regulations in affordable housing. To overcome this, I prioritize continuous education, whether through attending workshops or subscribing to relevant industry newsletters, and I ensure to build strong relationships with regulatory agencies to remain informed.

In addressing a non-compliance issue, I would approach it methodically. First, I would assess the severity of the issue and gather all pertinent information. Then, I'd present my findings to the property management team and collaborate on developing a corrective action plan to resolve the issue and prevent it from reoccurring.

I once conducted a training session for new property management staff on compliance standards related to LIHTC documentation. I created a comprehensive training manual and interactive presentation that not only covered the rules but also included real-life scenarios. This approach helped the staff understand the importance of compliance and how to effectively implement it in their daily work.

I have worked extensively with compliance tracking systems such as Yardi. I am comfortable navigating these platforms to maintain records, generate reports, and ensure timely submission of necessary documentation. I believe using these systems effectively is crucial for monitoring compliance status across properties.

When faced with multiple deadlines, I employ a priority matrix to identify urgent and important tasks. I ensure to communicate with my team to delegate responsibilities and set up a timeline that allows for regular progress checks. This keeps everyone informed and accountable.

Communication is vital in my role as a Compliance Specialist. It facilitates collaboration between property management, regulatory agencies, and tenants. I believe in maintaining an open line of communication to ensure all parties are informed about compliance requirements, deadlines, and any changes in regulations.

To stay informed about changes in housing regulations, I subscribe to industry publications, attend relevant webinars, and participate in professional organizations focused on affordable housing. Networking with colleagues and attending conferences also provides insights into best practices and emerging trends.

I am passionate about affordable housing and believe that Investment Property Group's commitment to community enhancement aligns with my values. This role presents an exciting opportunity to leverage my skills and experience in creating thriving, compliant environments that positively impact residents.