Compliance and Asset Analyst
hace 8 días
Dayton
Job Description JOB SUMMARY: The Compliance & Asset Analyst supports the organization’s affordable housing portfolio by ensuring regulatory compliance and analyzing asset performance. The Compliance and Asset Analyst ensures GDPM remains fully compliant with federal housing programs including but not limited to Public Housing, Housing Choice Voucher, Project Based Voucher (PBV), Rental Assistance Demonstration (RAD), and HOME, 811, Federal Home Loan Bank, IRS Section 42 requirements, Ohio Housing Finance Agency (OHFA) regulations, and all applicable. This role performs eligibility reviews, file compliance, reporting, and monitoring to safeguard tax credits and support long-term affordability, while conducting financial, physical, and operational analysis to preserve long-term asset viability. Accomplishes tasks with minimal supervision through coordination and contact with internal and external stakeholders. ESSENTIAL FUNCTIONS: The essential functions of the position include, but are not limited to, the following: Program & Regulatory Compliance · Perform compliance with HUD, LIHTC, RAD, PBV, HOME, Section 811, and other applicable program requirements. Apply federal program requirements (HCV, PH, RAD, 811, HOME, LIHTC, etc.), including income limits, rent limits, student eligibility, recertifications, and set-aside requirements. · Interpret and apply IRS Section 42 rules alongside HUD regulations to resolve blended-program compliance issues. · Review tenant files, certifications, and eligibility documentation to confirm accuracy and regulatory adherence. · Prepare responses to OHFA and syndicator audits, REAC/NSPIRE inspections, and compliance monitoring reviews. · Review and apply requirements contained in HAP contracts, LIHTC operating agreements, loan documents, grant agreements, and leases. · Maintain compliance calendars, reporting deadlines, and regulatory documentation. · Draft and implement compliance policies, procedures, and internal controls, and continuously monitor regulatory agency updates to ensure timely integration into compliance operations. · Prepare and distribute monthly regulatory updates and guidance to senior managers. · Conduct internal compliance reviews and file audits to identify and correct deficiencies. · Performs special projects as required. Eligibility Determination & File Management • Complete initial certifications, annual/interim recertifications, and move-in documentation for LIHTC units., • Support lease-up, stabilization, and long-term compliance periods., • Conduct detailed tenant file reviews to ensure completeness and compliance with HUD and LIHTC regulations., • Perform routine internal file audits and assist with external compliance reviews, MORs, and management audits., • Document, track, and correct noncompliance findings in accordance with program requirements. Reporting & Data Integrity • Prepare and submit required compliance, monitoring, and annual owner certification reports to the state housing finance agency and investor partners., • Track deadlines for utility allowance updates, rent/income limit implementation, lease-up benchmarks, inspections and ongoing monitoring cycles., • Ensure accurate and timely data entry into the property management system (e.g., Yardi,) and internal reporting portals. Training, Guidance & Cross-Department Support • Train property management, HCV, and occupancy staff on LIHTC requirements, blended program issues, documentation standards, and recertification procedures., • Develop and maintain compliance manuals, SOPs, checklists, and workflows., • Provide technical assistance and training support to property management and program staff. Asset & Performance Analysis • Analyze property-level financial, occupancy, rent, and expense data to ensure compliance with key performance indicators such as PHAS, in addition to identifying trends and risks., • Support asset management reviews, including budget variance analysis and cash flow monitoring., • Prepare and update with portfolio performance dashboards and scorecards., • Identify compliance risks across the LIHTC portfolio and recommend process improvements. SUPERVISORY RESPONSIBILITIES: May have supervisory responsibilities. WORK ENVIRONMENT: Typical office environment with minimal exposure to excessive noise or adverse environmental issues. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. QUALIFICATIONS AND REQUIREMENTS: The incumbent must: 1. Hold a minimum of a Bachelor’s degree in Business or a related field or have a minimum of five years in government related experience., 2. Experience working in union environment, 3. Demonstrated capabilities to lead complex negotiations on major programs directly with community stakeholders., 4. Strong organizational skills, with the ability to plan and prioritize a variety of assignments under time constraints., 5. Ability to work effectively as part of executive level management and to earn confidence and respect from all levels of the organization., 6. The ability to develop creative solutions for complex issues., 7. Solid MS Office skills., 8. Excellent written and oral communication skills, along with solid presentation skills., 9. Be able to calculate figures and amounts., 10. Must have Ohio driver’s license and be bondable. The functions, qualifications, responsibilities, and requirements listed above represent the essential functions of the job, which the incumbent must be able to perform either with or without reasonable accommodation.