Compliance Officer

Job Description :

- At least 5 years of work experience is preferred for both HUD and LIHTC

- Hands on experience with YARDI Voyager 7 - about 2-3 years

- How many inspections (i.e. REAC, MOR, Housing Credit, Bank Audits, Asset Management, etc. have you been responsible to complete and what were the results (i.e. passing scores, no response needed, etc)

Following credentials/certifications or completed courses :

- C3P certified Low Income Housing Tax Credit Compliance Professional designation.

- HCCP, Housing Credit Certified Professional is a specialized designation for working in the affordable housing industry through the Low-Income Housing Tax Credit (LIHTC) program.

- COS, Certified Occupancy Specialist has completed a comprehensive study of HUD's Office of Multifamily Housing guidelines and regulations set forth in HUD Handbook 4350.3

- CPO, Certified Professional of Occupancy completed a comprehensive program covering the entire HUD Handbook 4350.3

- TCS, Tax Credit Specialist received a thorough review of IRS regulations and guidance, including the IRS's Guide for Completing Form 8823. The program also covers HUD Handbook 4350.3 guidance that pertains to LIHTC properties. There also is the TCSA, Tax Credit Specialist Advanced

- Are you familiar with EIVS The Enterprise Income Verification (EIV) system is a web-based computer system?

- Are you familiar with HOTMA Housing Opportunity through Modernization Act of 2016 (HOTMA) and NSPIRE (National Standards for the Physical Inspection of Real Estate) ?

- Yardi Voyager is a database system that is used for apartment communities to keep track of their leasing progress, resident functions, move-ins, move-outs, accounting and reports; and it creates a fully integrated central database of all the property types

- This individual's resume reflects the characteristics of being an Affordable Housing processor at Yardi with process training capabilities and handling of US client escalations

- He should know that a compliance position by itself doesn't provide expansion of monetary company growth as their duties are to ensure guidelines established by agencies that are properly regulated.

- Our Impro team will obtain an individual's income input and information through manual and one on one direct contact through an interview and follow up processes.

- On the other hand through system checks and balances in order to provide reports and certifications to the owners and regulators the Yardi employee ensures that all the company information has been programmed properly. On a regular basis at the on-site level we are able to generate studies, reports, etc through YARDI because the Yardi team has acquired the skills through their software analysis to store the correct info in the database.

- So the variation in these positions is that Impro compliance team are end users of Yardi and not system users of the Yardi database.

- At Impro when it comes to the need for changes in government guidelines, which will now also include the upcoming HUD changes Laura Pinero is the point of contact liaison with the proper YARDI skills and abilities. She has been trained to gather all available information and research tactics. After a thorough analysis if need be she is able to put a help ticket through and then the needed YARDI support is accomplished.

- He would need to understand that our affordable marketing side offers housing vouchers that are based on the total annual gross income and family size and is limited to US citizens and specified categories of non-citizens who have eligible immigration status so someone out of the country may not qualify.

- You are familiar that the Low-Income Housing Tax Credit (LIHTC) is a tax incentive for housing developers to construct, purchase, or renovate housing for low-income individuals and families. Also, remember that the programs can also be State specific so he would need to be involved with State agencies along with the government side too.