Compliance Specialist at New York City Housing Development Corporation in New York, NY | USD68,000-74,000 | Kablio

Role

Description

lihtc audits

compliance review

report preparation

program monitoring

technical assistance

stakeholder relations

Establishes and maintains key external relationships with property owners, managing agents and various governmental agencies.
Acts promptly to respond in writing to inquiries and complaints.
Assists in all functions of HDC’s Leasing and Marketing Groups.
Reviews annual owner certification packages and rent rolls to ensure ongoing programmatic and regulatory compliance.
Monitors program updates on a regular basis and takes the appropriate actions to ensure compliance.
Prepares and maintains timely, accurate, and updated compliance reports.
Performs on-site and electronic LIHTC and TEB audits of properties pursuant to Section 42 and 142 of the Internal Revenue Code.
Provides technical assistance to stakeholders.

Requirements

fair housing

excel

data analysis

bachelor's

independent

problem solving

Working knowledge of Fair Housing and Rent Stabilization guidelines.
Proficiency with Microsoft Office suite specifically Excel and Word.
A satisfactory combination of education and/or experience that is equivalent to the above.
High level of proficiency in mathematics and data analysis.
Ability to work independently and meet critical deadlines.
Superior organizational, problem solving, oral and written communication skills.
A Bachelor’s Degree from an accredited college in a related field and relevant affordable housing industry experience; or,
Ability to travel frequently by public transportation primarily in New York City.

Benefits

Wellness reimbursement
Dental and Vision Benefits at no cost
Back-up Caregiver Benefit
Public Service Loan Forgiveness for eligible employees
Retirement savings plan with a generous match and a pension plan
Professional development opportunities
Paid holiday, vacation, sick time and parental leave

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

201,000 homes

Homes Financed

Since 2003, the entity has financed over 201,000 affordable housing units across New York City.

$28 billion

Bonds Issued

Over $28 billion in tax-exempt multi-family housing bonds have been issued through the Open Resolution program.

5,000 units

Preserved Housing

Through the PACT initiative with NYCHA, 5,000 public housing units were preserved in 2023 alone.

AA+/Aa2

Credit Ratings

The entity holds AA+/Aa2 credit ratings, reflecting strong financial discipline and investor confidence.

Since 2003, it has financed over 201,000 homes with more than $28 billion in bonds and over $3 billion in subsidies. They hold AA+/Aa2 credit ratings, reflecting strong financial discipline and investor confidence.
Its flagship 'Open Resolution' issues billions in tax-exempt multi-family housing bonds to fuel affordable housing projects.
Typical projects range from new construction to preservation, spanning senior, family, formerly homeless, and mixed-income housing.
Its work revitalizes neighborhoods across all five boroughs—financing public-private partnerships in Brownsville, Hunts Point, Staten Island, and more.

Culture + Values

Financing the creation or preservation of affordable housing under Housing New York plan
Issuing mortgage revenue bonds to support affordable multi-family housing
Aligning bond financing with Social Bond Principles and Sustainability Bond Guidelines
Using Enterprise Green Communities Criteria for environmental quality in developments
Investing in public-private partnerships to revitalize neighborhoods across NYC

Environment + Sustainability

2019 Bonds

Introduced Sustainable Development Bonds

These bonds were introduced to finance affordable housing projects that are both socially beneficial and environmentally conscious.

60-70% Energy Savings

Energy-efficient senior housing project

The Passive House senior housing project uses significantly less energy than standard buildings, incorporating stormwater reuse features.

2015 Bonds

Sustainable Neighborhood Bonds

These bonds finance affordable housing projects that adhere to environmental and sustainability standards.

Projects comply with the Enterprise Green Communities Criteria, which is the only comprehensive green building framework for affordable housing.
Passive House senior housing (Haven Green) incorporates stormwater reuse via permeable surfaces and rooftop harvesting.

Inclusion & Diversity

Committed to recruiting and retaining a diverse workforce and promoting inclusive policies that cover legally protected statuses, including gender.
Currently lacks publicly available gender-related statistics or specific metrics on DEI outcomes.

Articles

Role

Description

lihtc audits

compliance review

report preparation

program monitoring

technical assistance

stakeholder relations

Establishes and maintains key external relationships with property owners, managing agents and various governmental agencies.
Acts promptly to respond in writing to inquiries and complaints.
Assists in all functions of HDC’s Leasing and Marketing Groups.
Reviews annual owner certification packages and rent rolls to ensure ongoing programmatic and regulatory compliance.
Monitors program updates on a regular basis and takes the appropriate actions to ensure compliance.
Prepares and maintains timely, accurate, and updated compliance reports.
Performs on-site and electronic LIHTC and TEB audits of properties pursuant to Section 42 and 142 of the Internal Revenue Code.
Provides technical assistance to stakeholders.

Requirements

fair housing

excel

data analysis

bachelor's

independent

problem solving

Working knowledge of Fair Housing and Rent Stabilization guidelines.
Proficiency with Microsoft Office suite specifically Excel and Word.
A satisfactory combination of education and/or experience that is equivalent to the above.
High level of proficiency in mathematics and data analysis.
Ability to work independently and meet critical deadlines.
Superior organizational, problem solving, oral and written communication skills.
A Bachelor’s Degree from an accredited college in a related field and relevant affordable housing industry experience; or,
Ability to travel frequently by public transportation primarily in New York City.

Benefits

Wellness reimbursement
Dental and Vision Benefits at no cost
Back-up Caregiver Benefit
Public Service Loan Forgiveness for eligible employees
Retirement savings plan with a generous match and a pension plan
Professional development opportunities
Paid holiday, vacation, sick time and parental leave

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

201,000 homes

Homes Financed

Since 2003, the entity has financed over 201,000 affordable housing units across New York City.

$28 billion

Bonds Issued

Over $28 billion in tax-exempt multi-family housing bonds have been issued through the Open Resolution program.

5,000 units

Preserved Housing

Through the PACT initiative with NYCHA, 5,000 public housing units were preserved in 2023 alone.

AA+/Aa2

Credit Ratings

The entity holds AA+/Aa2 credit ratings, reflecting strong financial discipline and investor confidence.

Since 2003, it has financed over 201,000 homes with more than $28 billion in bonds and over $3 billion in subsidies. They hold AA+/Aa2 credit ratings, reflecting strong financial discipline and investor confidence.
Its flagship 'Open Resolution' issues billions in tax-exempt multi-family housing bonds to fuel affordable housing projects.
Typical projects range from new construction to preservation, spanning senior, family, formerly homeless, and mixed-income housing.
Its work revitalizes neighborhoods across all five boroughs—financing public-private partnerships in Brownsville, Hunts Point, Staten Island, and more.

Culture + Values

Financing the creation or preservation of affordable housing under Housing New York plan
Issuing mortgage revenue bonds to support affordable multi-family housing
Aligning bond financing with Social Bond Principles and Sustainability Bond Guidelines
Using Enterprise Green Communities Criteria for environmental quality in developments
Investing in public-private partnerships to revitalize neighborhoods across NYC

Environment + Sustainability

2019 Bonds

Introduced Sustainable Development Bonds

These bonds were introduced to finance affordable housing projects that are both socially beneficial and environmentally conscious.

60-70% Energy Savings

Energy-efficient senior housing project

The Passive House senior housing project uses significantly less energy than standard buildings, incorporating stormwater reuse features.

2015 Bonds

Sustainable Neighborhood Bonds

These bonds finance affordable housing projects that adhere to environmental and sustainability standards.

Projects comply with the Enterprise Green Communities Criteria, which is the only comprehensive green building framework for affordable housing.
Passive House senior housing (Haven Green) incorporates stormwater reuse via permeable surfaces and rooftop harvesting.

Inclusion & Diversity

Committed to recruiting and retaining a diverse workforce and promoting inclusive policies that cover legally protected statuses, including gender.
Currently lacks publicly available gender-related statistics or specific metrics on DEI outcomes.

Articles