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Compliance Specialist
Company Overview
Founded in 1986, Asset Living is a true third-party property management firm with decades of experience delivering exceptional value to partners across the nation. As a leader in third-party property management, Asset Living is the fourth largest in the country (National Multifamily Housing Council’s Top 50) and remains the No. 1 third-party student housing property manager in the U. S. for 11 years in a row (Student Housing Business). With over 36 years of experience, Asset Living’s growing portfolio includes a multitude of properties across the country that span the multi-family, single-family home rentals, affordable housing, build-to-rent, active adult, and student housing divisions. Asset Living presently manages a portfolio consisting of approximately 175,000+ units and 125,000+ beds. Asset Living is a family made up of diverse backgrounds, unique ideas, and distinct personalities. Recognized as one of the nation’s Best and Brightest Places to Work, 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).
Affordable Housing Compliance Specialist
The Compliance Specialist is responsible for reviewing Affordable Housing applications and ensures they are eligible and compliant with applicable and current regulatory requirements.
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 personnel manual.
- Monitoring changes in LIHTC regulations and requirements and implementing changes as indicated.
- Attendance at TDHCA trainings annually. Requirement to attend HCCP training within first 2 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.
- Attendance at weekly supervision meetings and departmental meetings as scheduled.
- Travel required.
Position Requirements:
- Individual in this position should possess strong organization skills and a detail-oriented approach.
- Strong computer literacy skills are essential to this position.
- Housing Credit Certified Professional certification a plus. If not already certified, requirement to attend HCCP training within first 2 years of employment and include a passing score on the exam.
- Must have 5+ years of experience working in affordable housing
- Knowledge of HUD requirements and accounting experience is a plus.
- 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.
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Company Updates
Who We Are
Asset combines more than 37+ years of expertise with forward-thinking innovations, bringing our partners a comprehensive suite of services that position properties for success.
Multi-Family
We have 37+ years of unparalleled operating experience, allowing us to innovate ahead of the market and exceed expectations for partners across the nation.
Affordable
Through impactful partnerships with HUD and local communities, we’re dedicated to making the comforts of home available to everyone.
Build-to-Rent. We have successfully led a multitude of deals through the full cycle from development, lease-up, to stabilization – while offering our clients a uniquely tailored service suite.