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Compliance Specialist
Cesar Chavez Foundation
Carries on Cesar Chavez’s legacy through affordable housing, education, media and cultural preservation.
The Compliance Specialist is responsible for managing various aspects of affordable housing programs, such as replacement reserve management, program-based marketing obligations, evaluation of rents, compliance monitoring, lease-up support, and providing training support.
The Compliance Specialist participates in meetings, evaluations, and goal-setting.
Provides onsite gap assistance for lease-ups when needed, including remote lease-up assistance, as assigned. Lease-up tasks include, but are not limited to, eligibility/occupancy review/approval procedures for applicant and tenant files, direct processing of files (conducting applicant/tenant interviews, obtaining/documenting third-party verification, etc.), scanning/digital record management, tenant file setup, and first-year file clearance processes.
Conducts monitoring for program compliance per the established frequency/quota/program regulations/rules, as amended, and per the guidance of the Compliance Management team. Conducts monitoring procedures regularly, including monthly, quarterly, semiannual, and annual reviews, consisting of targeted risk reviews, rent analysis, and quality assurance reviews.
The Compliance Specialist is responsible for system maintenance (i.e., Smartsheet, Yardi, etc.) associated with all tasks and functions, including, but not limited to, audit archives, data logs, spreadsheets, attachment logs, dashboards, anticipated audit logs, etc.). System administration is completed under the guidance of compliance management and internal policy.
Travel to training and operational events periodically, as assigned. The Compliance Specialist also maintains flexibility to travel up to 50% of the time (measured by the approximate full-time hours expected to work within the year), and travels to all locations where the organization conducts business, including out-of-state locations and extended stays, as assigned.
Provides support to property staff through training, technical assistance, guidance, or through special projects as assigned.
Management of replacement reserve processes, collection of data/information, analysis of acceptability, including processing of requests, acquiring third-party approval, adherence to property/program-specific requirements, tracking, and record retention, internal/close-out procedures, etc.
Provides assistance with third-party reporting obligations as assigned (investor, lender, regulatory agency). Manages additional internal reporting items, oversees tracking systems, and collaborates with various team members and other departments (e.g., property site, property supervisor) to collect/evaluate information. Oversees the corrective action process and status for pending items and monitors tasks through completion.
Assists with evaluations of tenant rents, including max rent analysis (unsubsidized units, HCV contract rents, and HAP, etc.), compliance with program-based rental increase rules, compliance with utility allowances, develops discovery reports with recommendations, and implements corrective action under the guidance of the Compliance Director.
Evaluation and enforcement of compliance with the various housing programs as directed by compliance management and as outlined by the applicable regulations/internal requirements.
As needed, the Compliance Specialist will travel to various properties throughout the CCF portfolio to assist in special projects, including projects aiming to restore or improve compliance in areas of elevated or substantial default (e.g., completing recertifications to resolve late status, applicant file processing to assist with a property’s declining occupancy, etc.).
The Compliance Specialist acquires and maintains advanced-level capacity for compliance monitoring of various affordable housing programs, as applicable, regarding eligibility (including regulatory agency protocols), physical standards (NSPIRE or other standard as applicable), building rules (applicable fraction, NAUR, etc.), project rules (minimum set-aside, compliance with project elections, etc.), and program administration rules (waiting lists, marketing, affirmative marketing, tenant selection, notice requirements, signage/postings, forms, resident services, charges, lease requirements, VAWA, resident rights/responsibilities, termination of assistance/tenancy, etc.), including, but not limited to, the Low-Income Housing Tax Credit (LIHTC) program, HUD programs (VASH, Section 8, 202 PRAC), Bond, HOME, AHP, MHP, HCD programs, various special needs housing programs, etc.
Assists the Compliance Management team with the development and maintenance of workflows, workflow management and tracking systems, development of tools, and centralization of resources.
The Compliance Specialist will also assist with training efforts for other team members and property management personnel, including informal training assistance and formal training efforts. The Compliance Specialist will conduct routine training/technical assistance sessions following quality assurance reviews and rent analysis, as established and amended.
Maintenance of the Replacement Reserve log through Smartsheet, external systems as applicable, and related functions.
Review of regulatory agreements, financing documents, and other property records as applicable for identification of property-specific obligations, program layering applicability/conflicts, and monitoring/implementation requirements.
Maintenance of the Reporting Log through Smartsheet and other internal systems as assigned.
Perform all functions using various software programs/applications, including, but not limited to, Microsoft Office (Word, Excel, Outlook), Adobe Pro, Yardi, Smartsheet, etc.
Oversees all aspects of program-based marketing obligations, including required property/occupancy registrations with monthly updates (e.g., LA County, AcHP, etc.), assists in the development of program-required affirmative fair housing marketing plans (AFHMP), distribution of affirmative marketing per established frequency (semiannual or monthly for lease-ups/workouts, etc.), and monitoring and tracking of agency-required general marketing efforts. Works with property management team members to resolve issues and monitors corrective action status through completion.
What you bring
cosa & tcsa
npcc
hccp
bos & mors
analysis
eivs
Certified Occupancy Specialist Advanced (COSA) & Tax Credit Specialist Advance (TCSA): in six months;
Novogradac Property Compliance Certification (NPCC): within two months in the role;
Housing Credit Certified Professional (HCCP): within twenty-six months
Blended Occupancy Specialist (BOS) and MOR Specialist (MORS): within twelve months; and
Extensive and continual reading and analysis of regulatory literature, program rules, and policies.
Enterprise Income Verification Specialist (EIVS): within nine months;
Benefits
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Training + Development
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Interview process
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Visa Sponsorship
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Security clearance
credit and criminal background checks may be conducted
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