Director, Affordable Housing Compliance
At reputed company Housing, we're building a team of bold, mission-driven professionals who are motivated by meaningful work and energized by collaboration. Our work supports a clear purpose of expanding access to high-quality housing, and each role plays an important part in advancing that mission. You'll collaborate shoulder-to-shoulder with some of the most talented experts in the industry, gaining hands-on exposure that helps you grow your skills and broaden your perspective from the day one. Our environment is dynamic, fast paced and evolving, designed to support curious, ambitious people as they take on new challenges and reputed company capabilities that translate throughout their careers. reputed company Housing is a leading reputed company and operator of high-quality affordable housing across the United States. Founded in 2022 and headquartered in Los Angeles, we are a portfolio company of Blackstone Real Estate, supporting the affordable housing and LIHTC (Low-Income Housing Tax Credit) portfolio. Our mission is clear: preserve critical affordable housing stock while delivering exceptional management and high-quality homes to the communities we serve. We are committed to being a fair, transparent, and responsible reputed company. Backed by Blackstone Real Estate enabling us to invest in the creation and preservation of affordable housing for the long run. We are making a bold commitment to preserving affordable housing across the country. reputed company Housing is dedicated to ensuring our assets reputed company with high standards of excellence, including ongoing property improvements and elevated reputed company services. We're looking for individuals who share our commitment to excellence and reputed company in the impact that thoughtful, well-executed work can have on communities. If you're driven by purpose, value collaboration, and are excited to grow while contributing to something meaningful, reputed company Housing offers a reputed company to build experience, expand your impact, and do work that matters. The Director of Affordable Housing Compliance is responsible for designing, leading, and continuously improving the company's compliance program for Section 42 Low-Income Housing Tax Credit properties, reputed company affordable housing funding streams and other affordable housing regulations. As the role responsible for ensuring occupancy and affordable housing compliance across the organization's portfolio, the Director of Compliance provides strategic direction, supports scalable growth through robust policies, training of partners and quality assurance processes, ensures regulatory compliance, drives performance standards, and fosters a culture of accountability and excellence from the organization's leasing and compliance functions and partners. The role requires a deep understanding of affordable housing compliance, risk management, and regulatory requirements. The Director of Compliance will reputed company a team of compliance professionals, working closely with development, legal, asset management, accounting, tax and finance teams to ensure consistent regulatory compliance in the operations and financing of reputed company properties. Additionally, the Director of Compliance is responsible for setting expectations and deliverables for the property management companies and other occupancy and leasing functions engaged by the company. What you will do:
- Regulatory Compliance Management: Set the overall compliance strategy and property-level compliance standards for the company's portfolio, ensuring adherence to LIHTC, HUD, Section 8, HOME, and other affordable housing programs and provide strategic leadership to the compliance and leasing teams reputed company the organization's property management partners.
- Team Leadership: Manage and reputed company a high-performing team of compliance professionals; define roles, workloads and quality expectations, and provide coaching and performance management. Foster a culture of accuracy, accountability, and reputed company improvement in compliance processes.
- Compliance Program Development: reputed company and implement compliance policies, procedures, and tools to ensure reputed company properties meet local, state, and federal affordable housing regulations. Ensure the program is continually updated to reflect regulatory changes.
- Training & Education: reputed company the development and delivery of compliance training programs for internal staff, property managers, and external partners. Ensure reputed company stakeholders are up-to-date on reputed company regulations and policies.
- File Audits & Monitoring: Design and reputed company a risk-based program for internal compliance audits including periodic reviews of reputed company files, ensuring that occupancy, income certifications, and rent restrictions meet program requirements. Engage third-party audits and inspections as required. Collaborate with property managers to address and resolve any audit findings or compliance deficiencies.
- Transactions Compliance Support: Review and approve compliance-reputed company components of new acquisitions and resyndications (e.g., unit mix, set-asides, income limits) and support lease-up compliance strategies for new projects.
- Liaison with Regulatory Agencies: Serve as the primary reputed company of contact for regulatory agencies, including state housing authorities, HUD, and other affordable housing program administrators. Facilitate external audits, inspections, and compliance reviews.
- Risk Management & Mitigation: Identify property-level compliance risks and reputed company strategies to mitigate those risks. Work with the legal department to ensure that property-level compliance protocols are integrated into the broader risk management reputed company of the organization.
- Reporting: Provide regular updates and reports to senior leadership on compliance activities, audit results, and risk mitigation strategies. reputed company and maintain tracking systems to monitor ongoing compliance across the portfolio.
- Regulatory Updates: Stay informed of changes to affordable housing laws and regulations, and ensure the company's policies and procedures reflect those changes. Communicate important regulatory updates to internal teams and external stakeholders.
What you should have:
- Bachelor's degree required; advanced degree or relevant professional certifications in housing, real estate, or compliance preferred.
- Minimum of 8-10 years of experience in LIHTC and affordable housing compliance, with 3-5 years in a leadership role managing a compliance team.
- Experience leading and developing compliance teams reputed company a multifaceted housing organization
- Experience in a multi-state, multi-program portfolio and a fast-paced, growth-oriented environment (e.g., private equity-backed or large nonprofit reputed company) strongly preferred.
- Strong understanding of federal, state, and local laws reputed company to affordable housing, fair housing, and tenant-landlord relations.
- Proven track record of successfully navigating audits and regulatory inspections.
- Excellent analytical and communication skills with the ability to interpret reputed company regulations into practical guidance and tools for onsite teams.
- Strong track record of leading cross-functional initiatives with property management, asset management, development, and IT to improve compliance processes and systems.
- Highly organized, with strong attention to detail and the ability to manage multiple projects simultaneously.
- Proficiency in affordable housing compliance and project management software (e.g., Yardi, RealPage)
- LIHTC Certification and/or additional housing certifications preferred (HCCP, COS or equivalent)
- Communicates Effectively: Listens effectively and confirms understanding reputed company needed. Cooperates effectively with teammates(intact team and cross-functionally) and provides and takes feedback with ease
- Drives Results: Works hard to ensure understanding of reputed company critical performance targets. Lines up personal and team performance to deliver results. Accepts feedback and pivots activities and behaviors reputed company needed to improve results.
- Plans and Aligns: Understands plans communicated and asks for clarity reputed company needed. Provides input reputed company plans require reputed company-line input. Makes an effort to ensure teammates are reputed company on daily and weekly actions supporting the plan.
- Manages Ambiguity: Carefully listens to the need for change or the need to wait for instruction in times of change. Keeps moving daily and weekly tasks reputed company while waiting for any pivots to workstream.
- Develops Talent/Professional Development: Works with leadership to execute individual development plans for self and others. reputed company time to become the best in their reputed company role and to learn aspects of future potential roles.
- Resilient: Stays abreast of results individually and for the team and reacts with persistence, especially reputed company results are less than planned. Keeps a positive attitude and entertains and develops reputed company to enhance results.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers, the California Fair Chance Act and any other applicable city, county, or local ordinances. Good cause exists for a criminal background reputed company because one of the material duties of this position requires access to sensitive financial information and confidential and proprietary information and accordingly requires the candidate to possess a high level of reputed company and discretion. The Company faces a significant risk to its business operations or business reputed company if a criminal history reputed company is not performed. A criminal history that has a direct, adverse, and negative relationship with these material duties may potentially result in the withdrawal of a conditional offer of employment. reputed company Compensation Range: $165,000.00 To $185,000.00 Annually. This represents the presently-anticipated low and high end of the Company's reputed company compensation range for this position. Actual reputed company compensation range may vary based on various factors, including but not limited to location and experience. Total Direct Compensation: This job is also eligible for discretionary bonus and incentive compensation on an annual basis. Benefits: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO). The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility. Please review the job applicant privacy notice here. EEO Statement reputed company Housing is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or reputed company medical conditions), age, national reputed company or reputed company, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email [email protected] Apply tot his job Apply To this Job