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Richsmith Development

Compliance Specialist - LIHTC

Company logo
Richsmith Development
Co‑founded in 2000, develops and operates multi‑family, single‑family & senior housing communities.
24d ago
$16 - $20
Intermediate (4-7 years), Expert & Leadership (13+ years), Junior (1-3 years)
Full Time
Maumelle, AR
Field
Company Size
201 Employees
Service Specialisms
Construction services
Project Management
Property Development
Design
General Contractor
Sector Specialisms
Land Subdivision
Heavy and Civil Engineering Construction
Construction
Subdividers and Developers
Building Equipment Contractors
Building Finishing Contractors
Foundation, Structure, and Building Exterior Contractors
Highway, Street, and Bridge Construction
Role
What you would be doing
file audits
compliance review
collaboration coordination
guidance provision
inspection assistance
compliance needs
  • Maintain accurate logs of audited files and follow up on pre-approvals.
  • Perform file audits and advise communities of errors or missing documentation.
  • Provide ongoing guidance to property staff to ensure proper documentation and adherence to regulatory requirements.
  • Collaborate with Community Directors and Regional Managers to address audit findings and implement corrective actions.
  • Review household move-in and recertification files to ensure compliance with Section 42, HOME, HUD, and NSP program guidelines.
  • Travel to assigned communities to attend Tax Credit inspections and assist with compliance needs.
What you bring
verbal communication
compliance experience
property management
regulatory knowledge
  • Excellent written and verbal communication skills.
  • Minimum 2 years of compliance experience with LIHTC residential properties (NSP experience a strong plus).
  • Ability to travel approximately 25% of the time.
  • Proficiency with property management software (OneSite experience preferred).
  • Strong knowledge of LIHTC and HUD regulations.
Benefits
  • Flexible spending accounts (FSAs/HSAs)
  • 401K retirement plan with company match
  • Medical, dental, and vision insurance (starting the 1st of the month after 30 days)
  • A positive and collaborative work environment
  • Paid holidays and generous PTO
Training + Development
Information not given or found
Interview process
Information not given or found
Visa Sponsorship
Information not given or found
Security clearance
Information not given or found
Company
Overview
2000
Year Founded
The company was established in the year 2000 with a focus on creating vibrant living spaces.
39 Communities
Active Projects
Currently overseeing the development of 39 communities across multiple states.
35M
Revenue Figure
Achieved approximately $35 million in revenue by mid-2025, showcasing steady financial growth.
  • They’ve grown from one project to oversee 39 communities in development and consulting on 21 more.
  • Headquartered in North Little Rock, Arkansas, they’ve expanded across Arkansas and neighboring states.
  • Specializing in the full lifecycle—from prime-site selection to development and operation—they handle every phase in-house.
  • Their typical projects include affordable and luxury multifamily units, senior communities, and single-family developments.
  • A stand‑out fact: they offer free or deeply discounted apartments to on‑site managers, blending incentives with operations.
  • Despite regional roots, their portfolio now spans conventional, affordable, and senior-living markets across multiple states.
Culture + Values
  • We value teamwork, professionalism, and integrity in every project.
  • We strive for excellence in all aspects of our work.
  • Commitment to building lasting relationships with our clients, partners, and employees.
  • Innovation is at the core of our approach to development and design.
  • We are dedicated to providing exceptional service, with attention to detail and quality.
Environment + Sustainability
2030 Goal
Net-Zero Carbon Emissions
Target year for achieving net-zero carbon emissions.
  • Committed to sustainable development practices that reduce environmental impact.
  • Prioritize energy-efficient building designs and eco-friendly construction materials.
  • Actively monitor and reduce waste generation in projects.
  • Incorporate green building certifications (e.g., LEED) into developments where applicable.
Inclusion & Diversity
  • Fosters a culture of inclusion and respect for all individuals.
  • Committed to creating a diverse workforce and ensuring equal opportunities for all employees.
  • Tracks and reports on gender diversity across all levels.
  • Has set clear goals for increasing women's representation in leadership roles.
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