Physical Inspector

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Professional Chicago, IL, US

2 days ago Requisition

Salary Range: $51,856.64 To $64,820.80 Annually

Position Title: Physical Inspector

Department: Asset Management

Join our Team! At IHDA we strive to create and maintain a work environment that promotes diversity, recognition and inclusion. IHDA is committed to hiring and investing in individuals of diverse talents and backgrounds to ensure a range of perspectives and experiences inform and guide our work of financing affordable housing in the state of Illinois.

Who we are: The Illinois Housing Development Authority (IHDA) is one of the Nation’s preeminent Housing Finance Agencies and one of the State’s ten largest financial institutions. Our mission is to finance the creation and preservation of affordable housing across the state. IHDA oversees more than 20 federal and state programs on behalf of the state of Illinois and serves as one of the state’s primary resources for housing policy and program administration.

For over 50 years, IHDA has led the state in financing and supporting affordable housing.

Summary: This position is housed within the Asset Management department, which monitors long-term physical, financial, operational, and administrative compliance for IHDA-assisted developments. This particular position is housed within the following group:

Rental Compliance:
Ensures the operational compliance of properties assisted by IHDA loans, grants, or tax credits through: physical inspections based on applicable HQS, UPCS, and REAC standards; review/monitoring of capital improvement requests; management, occupancy, and tenant file reviews; rent/income limit/utility allowance calculations; affirmative marketing plan review/approval; tenant selection plan review/approval; management plan review/approval; and tenant/management relations...

Essential Functions:

• Implements proactive strategies to resolve properties’ physical condition compliance.
• Informally paired with a compliance group for each project inclusive of an Asset Manager, Compliance Analyst, and Financial Analyst.
• Collects and contributes data to determine annual operations rating.
• Conducts physical condition monitoring reviews of assigned portfolio of projects based on prescribed time frames (to assess and facilitate compliance with applicable Federal, State, local rules and standards).
• Conducts site visits to assess and facilitate compliance with applicable Federal, State, local rules and standards including UPCS, HQS, and REAC.
• During site visits, inspects the current physical conditions to ensure appropriate compliance with property standards and regulatory requirements so the related housing remains decent, safe, and sanitary.
• During site visits, inspects improvements or repairs related to previously noted compliance deficiencies or insurance claims to ensure proper workmanship and compliance with the approved scope of work.
• Reviews and approves physical condition improvement scopes of work, budgets, and schedules as appropriate.
• Prepares and maintains all physical inspection documentation (including compliance monitoring findings, responses, resolutions, reports) as required.
• Proactively communicates with the property owner, manager, agent regarding physical condition issues, compliance requirements, options and deadlines for resolution.
• Periodically accompanies Asset Managers or Special Asset Managers on site visits to provide technical assistance and support related to physical condition issues.
• Conducts physical needs assessments as required.
• Conducts bid reviews to ensure compliance as required.
• Prepares,…