Affordable Housing Compliance Specialist
New York City Housing Development Corporation · New York City, New York, US
The New York City Housing Development Corporation (HDC) is a public benefit corporation and the nation’s largest municipal Housing Finance Agency. HDC’s prog...
Job description
The New York City Housing Development Corporation (HDC) is a public benefit corporation and the nation’s largest municipal Housing Finance Agency. HDC’s programs support the construction and preservation of multi-family affordable housing in New York City. Area of Talent: Compliance/Affordable Housing/Low Income Housing Tax Credit Position Type: Full-time/Exempt Salary Range: $68,000 to $74,000 annually Office Location: NYC/Financial District Position Summary The Compliance Specialist reports to the Assistant Vice President of Compliance and is responsible for monitoring and evaluating compliance within HDC’s Low Income Housing Tax Credit (LIHTC), Tax Exempt Bond (TEB), and Taxable Bond (TB) properties. Responsibilities: - Performs on-site and electronic LIHTC and TEB audits of properties pursuant to Section 42 and 142 of the Internal Revenue Code. - 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. - Establishes and maintains key external re...