Peak Living, LLC
Compliance Specialist
Peak Living, LLC, Pleasant Grove, Utah, United States, 84062
Peak Living is currently seeking a qualified
Compliance Specialist
to join our growing team!
At Peak Living, our employees love where they work. We are a full-service real estate management company with communities across the United States. Peak Living is uniquely positioned for growth as it continues rapid expansion through acquisitions. We believe successful growth is best achieved by developing high quality teams and empowering them in their roles to boost property performance.
Under the direct supervision of the Compliance Manager, the Compliance Specialist will perform all duties as outlined below for such programs as Project Based Section 8, Rural Development, Low Income Housing Tax Credit, HUD (Project Based Section 8), and other programs or projects owned or managed.
Duties and Responsibilities:
Keeps current on all updates and changes in affordable housing programs and requirements within assigned portfolio.
Assures that Property Operations personnel receive clear and concise written interpretations of changes in a timely manner.
Responds to compliance-related questions from Regional Managers, Area Managers, Site staff and any other company officers.
Performs necessary on-site file property audits/setting up new property files/training personnel/continuing education classes in various states, as needed. Travel may be required for this position.
Prepare a compliance audit report and submit to Compliance Manager within 15-30-days of completing on-site audit. A written report will be necessary immediately upon returning to the office if the purpose of the audit was to prepare the property for a state or federal scheduled audit.
Assist in the Conducting of Acquisition File Reviews when requested.
Work with Compliance Manager to develop action plans for non-compliant properties and assist in working with Regional Manager to implement
Provide orientation and training to property managers. This may include initial orientation of new staff as well as reorientation of existing staff.
Obtains and updates maximum income and rent limits on an annual basis for properties within assigned portfolio.
Ensures correct/updated Utility Allowances are being used for properties within assigned portfolio.
Ensures all Weekly, Monthly, Quarterly, and Annual Reports are completed on time for properties within assigned portfolio.
Assist with completion of MOR/LIHTC/REAC/State Agency reviews and prepare responses to submit to State Agency.
Assist with HUD annual rent increases, contract renewals, utility analyses, AFHMP and RCS are processed in a timely manner.
Assist with Layered Properties, review all HAPs, OCAFs, LIHTC Applications, LURA, Regulatory Agreements, and/or Funding agreement to determine the owner's obligations to remain in compliance with all programs.
HUD SAVE Coordinator/User (Systematic Alien Verification for Entitlements) provides training Onsite. Assigns access as necessary to ensure applicants are eligible non-citizens and entitled to subsidy.
Populate YARDI Affordable Reports as needed.
Perform all other duties as assigned by Compliance Manager.
Knowledge, Skill and Competency Requirements
Strong analytical and strategic thinking skills.
Excellent verbal and written communication skills to interface professionally and sensitively, problem solving, decision-making, interpersonal and time management skills.
Ability to handle shifting and multiple priorities in a fast paced, growth environment.
Ability to work under pressure and successfully meet deadlines.
Knowledge of affordable housing regulations, including but not limited to HUD (Project Based Section 8), Rural Development, Low Income Housing Tax Credits, Tax-Exempt/ Bonds, Public Housing Authorities,
Thorough knowledge of regulatory agreements and ability to interpret those agreements.
Ability to communicate company policies and procedures.
Minimum five years or more of recent experience in affordable housing with a portfolio in multiple states with an emphasis on HUD (Project Based Section 8), Rural Development, and LIHTC program compliance experience.
Experience working with IRS, Housing Finance Agencies, HUD (Project Based Section 8) and other funding agencies.
Knowledge of applicable local and federal housing laws including Fair Housing and Landlord and Tenant laws required.
Computer Skills :
Proficient with Microsoft Office Suite
Experience with Yardi
Experience:
Property management- Required
LIHTC- Required
HUD (Project Based Section 8)- Preferred
RD (Rural Development)- Preferred
Why you should work for Peak Living!
Here, at our corporate offices, we have an amazing team with a great company culture. Come work where your team members and managers care about you and ensure that you can succeed at your job! We have regular company lunches and have amazing company parties.
Come and find that work life balance that everyone seems to be searching for! We offer three weeks of PTO annually with an additional week's-worth of floating holidays on top of paid days off for holidays! We want you to be happy where you work and recognize that we need time off to do that too.
Does this sound like a place you want to work? Does this role sound like something you would be successful and happy doing? Then apply today and join our Peak Living Team!
Compliance Specialist
to join our growing team!
At Peak Living, our employees love where they work. We are a full-service real estate management company with communities across the United States. Peak Living is uniquely positioned for growth as it continues rapid expansion through acquisitions. We believe successful growth is best achieved by developing high quality teams and empowering them in their roles to boost property performance.
Under the direct supervision of the Compliance Manager, the Compliance Specialist will perform all duties as outlined below for such programs as Project Based Section 8, Rural Development, Low Income Housing Tax Credit, HUD (Project Based Section 8), and other programs or projects owned or managed.
Duties and Responsibilities:
Keeps current on all updates and changes in affordable housing programs and requirements within assigned portfolio.
Assures that Property Operations personnel receive clear and concise written interpretations of changes in a timely manner.
Responds to compliance-related questions from Regional Managers, Area Managers, Site staff and any other company officers.
Performs necessary on-site file property audits/setting up new property files/training personnel/continuing education classes in various states, as needed. Travel may be required for this position.
Prepare a compliance audit report and submit to Compliance Manager within 15-30-days of completing on-site audit. A written report will be necessary immediately upon returning to the office if the purpose of the audit was to prepare the property for a state or federal scheduled audit.
Assist in the Conducting of Acquisition File Reviews when requested.
Work with Compliance Manager to develop action plans for non-compliant properties and assist in working with Regional Manager to implement
Provide orientation and training to property managers. This may include initial orientation of new staff as well as reorientation of existing staff.
Obtains and updates maximum income and rent limits on an annual basis for properties within assigned portfolio.
Ensures correct/updated Utility Allowances are being used for properties within assigned portfolio.
Ensures all Weekly, Monthly, Quarterly, and Annual Reports are completed on time for properties within assigned portfolio.
Assist with completion of MOR/LIHTC/REAC/State Agency reviews and prepare responses to submit to State Agency.
Assist with HUD annual rent increases, contract renewals, utility analyses, AFHMP and RCS are processed in a timely manner.
Assist with Layered Properties, review all HAPs, OCAFs, LIHTC Applications, LURA, Regulatory Agreements, and/or Funding agreement to determine the owner's obligations to remain in compliance with all programs.
HUD SAVE Coordinator/User (Systematic Alien Verification for Entitlements) provides training Onsite. Assigns access as necessary to ensure applicants are eligible non-citizens and entitled to subsidy.
Populate YARDI Affordable Reports as needed.
Perform all other duties as assigned by Compliance Manager.
Knowledge, Skill and Competency Requirements
Strong analytical and strategic thinking skills.
Excellent verbal and written communication skills to interface professionally and sensitively, problem solving, decision-making, interpersonal and time management skills.
Ability to handle shifting and multiple priorities in a fast paced, growth environment.
Ability to work under pressure and successfully meet deadlines.
Knowledge of affordable housing regulations, including but not limited to HUD (Project Based Section 8), Rural Development, Low Income Housing Tax Credits, Tax-Exempt/ Bonds, Public Housing Authorities,
Thorough knowledge of regulatory agreements and ability to interpret those agreements.
Ability to communicate company policies and procedures.
Minimum five years or more of recent experience in affordable housing with a portfolio in multiple states with an emphasis on HUD (Project Based Section 8), Rural Development, and LIHTC program compliance experience.
Experience working with IRS, Housing Finance Agencies, HUD (Project Based Section 8) and other funding agencies.
Knowledge of applicable local and federal housing laws including Fair Housing and Landlord and Tenant laws required.
Computer Skills :
Proficient with Microsoft Office Suite
Experience with Yardi
Experience:
Property management- Required
LIHTC- Required
HUD (Project Based Section 8)- Preferred
RD (Rural Development)- Preferred
Why you should work for Peak Living!
Here, at our corporate offices, we have an amazing team with a great company culture. Come work where your team members and managers care about you and ensure that you can succeed at your job! We have regular company lunches and have amazing company parties.
Come and find that work life balance that everyone seems to be searching for! We offer three weeks of PTO annually with an additional week's-worth of floating holidays on top of paid days off for holidays! We want you to be happy where you work and recognize that we need time off to do that too.
Does this sound like a place you want to work? Does this role sound like something you would be successful and happy doing? Then apply today and join our Peak Living Team!