Senior Compliance Specialist

Affordable Housing 

THE ANNEX GROUP’S MISSION STATEMENT: To create a positive impact with the people who live, work and are involved in our communities. 

FLSA CLASSIFICATION: Full Time, Exempt

REPORTS TO: Senior Compliance Manager 

POSITION OVERVIEW: 

The Annex Management Group is seeking a Senior Compliance Specialist to process and approve LIHTC (Low Income Housing Tax Credit) applications and lease renewals for a variety of properties across multiple states to certify only qualified households move in. Follow and stay up to date with the guidelines of LIHTC to ensure that owners and investors’ tax credits are protected. Function as an in-house LIHTC specialist to provide direct support to site staff. 

ESSENTIAL DUTIES: 

Include but are not necessarily limited to the following: 

• Collaboration This position serves as The Annex Group point person for each property in lease up from start to finish. It requires collaboration and communication with the developers, the general contractors, and all departments within The Annex Group. 

• Ensuring compliance with HUD, Rural Development Section 42 (HTC), the HOME Investment Partnerships Program, and other relevant housing programs. 

• Reviewing and maintaining resident files for compliance with applicable state and federal requirements. 

• Supporting on-site property management teams by providing training and guidance on compliance processes. 

• Auditing tax credit and blended lease-up files to maintain compliance with program regulations. 

• Overseeing voucher processing and reconciliations, including HUD and RD submissions, tenant files, and monthly reporting. 

• Managing workflows in compliance software to ensure proper processes are followed. 

• Coordinating with staff to process annual recertifications, rent changes, and tenant certifications. 

• Monitoring EIV requirements and managing repayment agreements. 

• Troubleshooting Yardi-related issues and supporting affordable housing software tasks. 

• Providing on-site training and ensuring adherence to all regulatory guidelines. 

• Review initial paperwork received from site in a timely manner to ensure all required forms have been completed and review for any paperwork corrections needed. 

• Work with site staff to obtain and review any paperwork corrections. 

• Obtain all verifications required and calculate total household income. 

• Update all information in Yardi to generate the Tenant Income Certification form (TIC) 

• Issue approval letter to site staff for any move-ins or lease renewals 

• Scanning in of complete and approved files into digital archives and sending back originals to sites 

• Travel to sites as requested by Director of Compliance to audit files. 

• Assist Director of Compliance with Tax Credit Compliance training 

• Assist Director of Compliance in updating all forms, TSP, Compliance Manual 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

• Property management experience required. 

• LIHTC Affordable Housing Experience Required 

• 2-3 years previous management experience required. 

• Must possess authentic and genuine care of others with a strong desire to impact positive change in our residents’ lives. 

• Strong work ethic with demonstrated desire to learn and grow with a growing company. 

• Ambitious individual for this fun and entrepreneurial working environment 

• Ability to work independently and successfully execute multiple assignments. 

• Must be a proficient communicator and listener. 

• Must have basic knowledge of accounting and budgeting. 

• Ability to work on multiple projects simultaneously with frequent interruptions. 

• Must have a valid U.S. driver’s license. 

TECHNICAL/COMPUTER SKILLS: 

• Working knowledge of social media and MS Office software programs necessary 

• Ability and willingness to effectively use other job-related technology tools. 

PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. • Frequent walking, standing, sitting within the work area. • Driving to/from locations for business-related purposes • Frequent walking throughout the community 

WORK ENVIRONMENT: 

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

• The work environment is that of a fast-paced office with minimal to high noise levels. 

• This position requires working independently as well as part of a team. 

• This position requires verbal and face-to-face contact with others daily. 

• Frequent use of a computer is necessary. 

• This position requires the use of all general office equipment. 

• The position requires client information be maintained appropriately and confidentially. 

Job Type: Full time/Exempt 

Pay: $82,500 annually

Benefits: 

• 401(k) matching 

• Dental insurance 

• Health insurance 

• Life insurance 

• Vision insurance 

• Paid Time Off 

Physical Setting: 

• Remote

Supplemental Pay: 

• Bonus plan 

Education: 

• High School Diploma or GED 

Training Requirements: 

• Attend annual fair housing training. 

• Annual state agency compliance training 

• Attend other company required training.