Company: The Michaels Organization
Location: Elk Grove
Posted on: May 3, 2021
Our business is real estate, but
our organization is so much more than bricks and mortar, beautiful
buildings and well-managed properties. Our business is about people
who need a place to call home and the people of Michaels who make
it all happen.
The Compliance Specialist is responsible
for monitoring the regulatory compliance of a specific portfolio of
properties to ensure adherence to HUD Section 8, Low Income Housing
Tax Credit, Rural Housing and other applicable Housing Program
requirements. The duties of this full-time position will primarily
include the review and approval of Move In Applications, Interim
Recertifications and Annual Recertifications. This involves the
review of verifications as well as calculations listed on the
certifications. Also responsible for Compliance Reporting to
regulatory agencies as well as responses to questions and concerns
from these agencies; support and assist field staff; assist with
Special Projects as needed.
Position Duties &
1. Approve Move In Applications for program eligibility as
2. Review and Approve Program Violations for HUD properties
3. Review a percentage of all recertifications
4. Process and submit timely all required monthly, quarterly and
annual compliance reporting.
5. Oversee the Rent Up of new properties or Acquisition
Rehabs-organize and submit first year files to Syndicators and make
any recommended corrections to those file when requested.
6. Store both electronic and physical copies of first year files
7. Assist field staff with Compliance related questions
Minimum of two years of experience in a
similar position or a background in the banking or similar industry
is highly desirable. Prior Affordable Housing experience as well as
knowledge of Affordable Housing Programs is a plus.
High School Diploma Required.
Certifications in Affordable Housing Compliance are a plus and
required within one year of employment.
Required Skills and
Strong math and data entry skills, highly organized and detail
oriented, excellent communication skills, self-motivated.
Some overnight travel and overtime required
Keywords: The Michaels Organization, Elk Grove , Compliance Specialist, Other , Elk Grove, California
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