Affordable Housing Compliance Specialist
Listed on 2026-09-25
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Business
Regulatory Compliance Specialist, Financial Compliance
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Affordable Housing Compliance SpecialistFull Time Professional Bel Air, MD, US
2 days ago Requisition
Salary Range: $55,000.00 To $75,000.00 Annually
Affordable Housing Compliance Specialist
Position Title: Affordable Housing Compliance Specialist
Reports To: Affordable Housing Compliance Manager
Work Arrangement: On-site. Regular, in-person attendance at the employee’s assigned community, office, or other designated Company location is an essential function of this position. This position is not eligible for a remote or hybrid work arrangement, except where otherwise required by applicable law or approved by the Company as a reasonable accommodation.
Position SummaryThe Affordable Housing Compliance Specialist is responsible for the timely, accurate, and compliant administration of affordable housing program requirements across a multifamily portfolio. This role ensures that income certifications, recertifications, regulatory reporting, and third‑party compliance submissions are completed accurately and within required deadlines.
This position plays a critical role in protecting the portfolio from regulatory risk, missed deadlines, and financial exposure. The Compliance Specialist must be highly organized, deadline-driven, and proactive in managing compliance calendars, documentation standards, and third‑party approvals.
Core ResponsibilitiesAffordable Housing Compliance Administration
- Manage and track all initial certifications and annual recertifications to ensure 100% on‑time completion.
- Review income certifications, supporting documentation, rent calculations, student eligibility, and unit designations for accuracy and compliance.
- Monitor income limits, rent limits, and utility allowance updates.
- Conduct detailed file audits to ensure files remain complete and audit‑ready at all times.
- Identify deficiencies and ensure corrective actions are completed within established timelines.
- Maintain organized, compliant digital and physical resident files.
Third‑Party Compliance Submissions
- Upload completed certification files and supporting documentation to third‑party compliance platforms for review and approval.
- Monitor third‑party review status and proactively follow up on outstanding submissions.
- Respond to file corrections or compliance findings issued by state agencies, investors, or syndicators.
- Ensure required corrections are completed and re‑submitted within required time frames.
- Maintain tracking of all third‑party approvals and outstanding compliance items.
- Maintain a centralized compliance tracking system for all certification and reporting deadlines.
- Proactively communicate upcoming recertification due dates to on‑site teams.
- Ensure documentation is collected well in advance of expiration dates.
- Escalate potential missed deadlines immediately to management.
- Ensure no lapse in certifications that could jeopardize regulatory compliance or funding.
Audit Preparation & Regulatory Readiness
- Assist in preparing properties for state agency, investor, lender, or HUD audits.
- Maintain files in a constant state of audit readiness.
- Support audit response documentation and corrective action plans.
- Stay informed of regulatory updates and implement changes promptly.
Fair Housing & Operational Compliance
- Support adherence to Fair Housing laws and company policies.
- Review leasing and occupancy practices for regulatory compliance.
- Provide guidance to on‑site teams on proper documentation and procedures.
- Promote consistent compliance standards across the portfolio.
- Provide coaching and support to site teams regarding documentation standards.
- Assist with compliance training…
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