Compliance Manager
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Overview
Compensation
$70,000-$120,000/year
Job Description
Job Summary:We are seeking an energetic and detail-oriented Senior LIHTC (Low-Income Housing Tax Credit) Compliance Manager to lead our compliance efforts for affordable housing projects. In this pivotal role, you will oversee the adherence to LIHTC regulations, ensure accurate reporting, and maintain seamless coordination with property management teams. Your expertise will help us deliver high-quality, compliant housing solutions while fostering positive relationships with stakeholders. This position offers an exciting opportunity to influence the success of our affordable housing initiatives through proactive compliance management and strategic problem-solving.
Duties:
- Lead the development, implementation, and ongoing monitoring of LIHTC compliance programs across multiple properties.
- Conduct thorough reviews of lease agreements, tenant files, and financial reports to ensure adherence to LIHTC regulations and fair housing laws.
- Collaborate with property management teams to facilitate accurate rent calculations, income certifications, and annual compliance reporting.
- Manage audit preparations by maintaining detailed documentation and responding promptly to regulatory inquiries or audits.
- Provide guidance on landlord-tenant law, Section 8 voucher programs, and fair housing regulations to ensure legal compliance and best practices.
- Utilize property management software such as Yardi and OneSite for data analysis, reporting, and record keeping.
- Offer training sessions for staff on LIHTC requirements, social work best practices, motivational interviewing techniques, and crisis intervention strategies.
- Negotiate with regulatory agencies or funding bodies during compliance reviews or dispute resolutions to uphold project integrity.
- Address tenant concerns related to housing subsidies or legal issues through effective crisis management and crisis intervention skills.
Qualifications:
- Proven experience in LIHTC compliance management within property management or affordable housing sectors.
- Strong knowledge of LIHTC regulations, Fair Housing laws, landlord-tenant law, Section 8 programs, and related federal/state policies.
- Excellent negotiation skills with a track record of navigating complex regulatory environments confidently.
- Demonstrated ability in crisis intervention and crisis management to support tenants facing social or personal challenges.
- Background in social work, addiction counseling, or related fields is highly desirable for holistic tenant support.
- Proficiency in property management software such as Yardi and OneSite for data tracking and reporting purposes.
- Effective communication skills combined with motivational interviewing techniques to engage tenants positively.
- Ability to interpret legal documents and conduct detailed audits while maintaining transparency and accuracy in reporting. Join us in making a meaningful difference by ensuring our affordable housing projects meet the highest standards of compliance while fostering vibrant communities!
BCI is focused on acquiring multi-family properties in the mid-atlantic states.BCI is a direct owner manager and currently managing over 100 properties consisting of Office, Mixed-Use, Multi-Family and SFR asset types.BCI has special focus on LIHTC acquisitions and currently owns and manages a number of LIHTC projects in Maryland
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FAQs About Compliance Manager Jobs at BCI Management
What is the work location for this position at BCI Management?
This job at BCI Management is located in North East, MD, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at BCI Management?
Candidates can expect a pay range of $70,000 and $120,000 per year.
What employment applies to this position at BCI Management?
The employer has not provided this information. This may be discussed during the hiring process.
What is the process to apply for this position at BCI Management?
You can apply for this role at BCI Management either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.