Compliance Manager, Real Estate​/Property

About The Community Builders TCB Join a growing organization that is strengthening neighborhoods across the nation The Community Builders Inc TCB is one of Americas leading nonprofit real estate developers and owners Our mission is to build and sustain strong communities where all people can thrive Position Description The primary role of this position is the day to day management of compliance for a part of TCBs portfolio as assigned and designated including the supervision of one or more Compliance Specialists in ensuring on going affordable housing programs compliance and adherence to TCBs Operations policies This position also leads the Compliance lease up activity for new andor re syndicated properties overseeing implementation of affordable housing programs through lease up including LIHTC HUD HOME programs and state andor local set asides and rental assistance programs This role the Compliance Manager will work in collaboration with the Development Finance Operations management SVP VPO POM and Director of Leasing and Marketing in the development and implementation of strategic plans for new property start ups This position will collaborate with the property management team during lease ups ensuring affordable housing program compliance and assisting with staff training on all applicable regulatory owner investor and monitoring agent requirements The Compliance Manager assists in the preparation and delivery of affordable housing compliance and TCB Operations policies trainings to for staff at established properties to help foster staff skill development The Compliance Manager must be exceptionally skilled in affordable housing lease ups including the consideration of marketing needs and have an excellent in depth content knowledge and ability to train staff on HUD Multifamily programs HUD PIH programs HOME IRS Section 42 TC program as well as all compliance functions including but not limited to eligibility waiting list processes citizenship rules student rules income assets allowances next available unit rule vacant unit rules transfer rules reasonable accommodations earned income disallowance EIV reporting and discrepancy functions fair housing limited English proficiency multiple building project rules LIHTC credit deferrals HAP processes rent schedules and utility allowance processes The Compliance Manager will be remote but based in the NYNJ region and reports to the Director of Compliance Essential Functions Ensure that all first year tax credit file procedures are followed and are 100 in compliance

Read and understand all the regulatory documents disseminating the information for use by property management

Assure a leadership role with the development and implementation of new property start ups to maximize LIHTC credits ensure all units are qualified on time while maximizing rent and meeting all regulatory requirements for each of the affordable housing programs committed to by the site Assist in the determination of appropriate marketing as applicable to the AFHMP and property needs

Create Yardi software set up matrix for all new deals and transactions Complete quality assurance on software after set up to determine compliance with all programs mapping of units transfer rules income limits set asides applicable fractions preferences Train staff on all compliance related tasks policies and procedures for newly purchased properties properties in lease up as well as existing properties Work as part of the property management team assisting with initial certification processes

Interface with property management staff throughout lease up providing requested reports including qualified occupancy summary report copies of first year files and ensuring all files receive approval by investors auditor and property receives final clearance documentation in a timely manner

Assist as needed with the completion of the Tenant Selection Plan TSP Affirmative Fair Housing Marketing Plan AFHMP and Language Assistance Plan LAP for property start ups as well as any other documents as required

Train site and compliance staff and assist with property lotteries as needed

Create a summary of property…